MultiChoice Group broadcasting company in South Africa reportedly ended the acquisition talks with Vivendi’s Canal Plus, a French premium television channel, by rejecting its buyout offer. The company also operates …
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- FEATURED NEWSSpotlight
2023 Corruption Perceptions Index: Weakening Justice Systems Leave Corruption Unchecked
by Editorby EditorThe 2023 Corruption Perceptions Index (CPI) released today by Transparency International shows that most countries have made little to no progress in tackling public sector corruption. The CPI global average …
The International Monetary Fund (IMF) slashed South Africa’s economic growth outlook for the year by about half. Initial growth estimates sat at 1.8% for 2024, but the Washington-based lender’s revised …
- AfricaAFRICA NEWSSpotlight
PayPal to Cut Around 2500 jobs as rivals snag market share
by Editorby EditorPayPal Holdings will reduce its workforce by about 9% as Chief Executive Officer Alex Chriss, who took over in September, grapples with rising competition, profit pressures and a raft of …
- AfricaAFRICA NEWSSpotlight
China issues first development loan under ‘project whitelist’ mechanism – media
by Editorby EditorChina has granted its first development loan under its “project whitelist” mechanism, the country’s official Securities Times reported on Wednesday. The loan worth 330 million yuan ($46 million) to a …
Traders with insider information revealed that Trafigura Group has sold 2 million barrels of WTI Midland to the Dangote refinery for delivery at the end of February, Bloomberg reported. Traders …
Anthony J. Blinken, the U.S. Secretary of State, tour of Cape Verde, Côte d’Ivoire, Nigeria and Angola from Jan. 21-26 to strengthen the relationship between the United States and Africa. …
- AfricaSpotlight
UncutXtra Magazine Unveils Paul Onwanibe, CEO of Landmark as the Front Cover of its 12th Edition
by Editorby EditorUncutXtra Magazine, a leading magazine publication in the business and lifestyle genre has announced the selection of Paul Onwanibe, the visionary CEO of Landmark, as the featured personality on the …
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African Digital Radio Station Creates Even Playing Field for Exposure of the ‘underdog’ African musicians
by Editorby EditorGo Africa. radio, also known as Go Africa dot Radio, a premier digital radio station dedicated to showcasing the vibrant music and culture of Africa, is revolutionizing the African music …
- AfricaAFRICA NEWSSpotlight
African free trade area could spur sustainable growth: UN chief
by Editorby EditorThe robust growth that many African countries experienced before COVID-19 was lost to the pandemic, UN Secretary-General António Guterres said on Wednesday, highlighting the need to scale up efforts towards …