President Kenyatta proposes reduction of 16pc fuel tax to 8pc
14/09/2018President Uhuru Kenyatta has proposed a fuel tax cut from 16 to eight per cent, meaning the price of petrol will drop from Sh127 to Sh118 and that of diesel.
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Business & Economy
Orange invests in MainOne’s West Africa submarine cable system
14/09/2018Telecommunication company Orange and MainOne Cable Company have signed an agreement allowing for a major investment by Orange in the West Africa submarine cable system, MainOne. Through this partnership Orange.
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Business & Economy
African Development Bank boosts Cameroon livestock and fish farming with €84 million loan
14/09/2018The African Development Bank Group has extended a loan of €84 million to Cameroon to support livestock and fish production in the central African country in line with the Bank’s.
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Business & Economy
Bharti Airtel picks banks for London flotation of Africa business
14/09/2018India’s biggest mobile carrier Bharti Airtel Ltd has chosen UBS, JP Morgan and Citi to coordinate the London initial public offering of its Africa business, two sources familiar with the.
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Business & Economy
South Africa’s Aspen to Sell Infant Formula Unit Worth $864.5 Million To French Dairy Group
13/09/2018Aspen Pharmacare is selling its global infant formula business to French dairy group, Lactalis for R12.9 billion ($864.5 million), the African drug-maker said in a statement today. The nutritional business.
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Business & Economy
Ecobank business club targets small businesses
13/09/2018Ecobank Nigeria has launched the Emerald Ecobank Business Club, which aims at widening opportunities for Small and Medium Enterprises (SMEs) through the creation of direct links with its operational footprints.
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Business & Economy
World Bank review reveals unchanged quality of policies in Africa
13/09/2018The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank. This is a shift from the.
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Business & Economy
AGRA signs deal with Israeli conglomerate to support African farmers
13/09/2018The Alliance for a Green Revolution in Africa (AGRA) has signed a memorandum of understanding with Tel Aviv-based NGO, Start-Up Nation Central (SNC), which will see farmers get extensive material.
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Business & Economy
Angola works on making trade easier, cheaper and faster
12/09/2018The first training module of UNCTAD’s trade facilitation empowerment programme, which helps governments put in place the reforms necessary to make trade easier, cheaper and faster, has been completed by.
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Business & Economy
ICAEW says remittance income will drive economic growth for Africa
12/09/2018Despite an economic slowdown, most African countries are reported to have a positive economic outlook. This is according to a new report by the Institute of Chartered Accountants in England.
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