Most Recent News

Zambia Directs State Power Firm to Take Cost-cutting Measures

Zambia’s Zesco Ltd should freeze staff hiring, merge some of its departments and take other steps to cut costs and make the state power utility more efficient, a government body.

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UBER to Expand Operations in African Countries

Global ride-hailing company Uber Technologies is in talks with regulators over plans to expand into two West African countries and provide a boat service in Nigerian megacity Lagos, a company.

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SA’s FDI Increases by $825.85 in Q1

South Africa’s foreign direct investment swung to inflows in the first quarter from outflows in the final quarter of last year as domestic private firms received equity and debt funding.

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Tanger Med Port to Become Mediterranean’s Largest

Morocco will open new terminals at Tanger Med port on Thursday, allowing it to surpass the Mediterranean’s largest ports Algeciras and Valencia in terms of container capacity, and drive more.

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Vodafone Zambia Sold!

Vodacom Group which trades in Zambia as Vodafone has announced the sale of its business unit operations in Zambia, Nigeria and Cote d’Ivoire to Andile Ngcaba’s Synergy Communications. The transaction.

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Capital Market Operators Commend SEC

Capital market operators in the Nigerian Stock Exchange have commended the newly inaugurated board of the Securities and Exchange Commission (SEC) but charged them on the appointment of a substantive.

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IBM to Open New Hubs in Egypt

IBM multinational information technology company announced that it will expand its activity in the Middle East and Africa by opening two new centers in Egypt. The company announced in a.

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Huawei Launches New Device in Kenyan Market

China’s mobile phone giants, Huawei, has launched a new smart phone in the Kenyan market amid rising demand for affordable but high quality mobile devices among the east African country’s.

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Anti-Corruption in Nigeria: The Possible Impossible

Corruption can generally be defined as dishonest or illegal behavior, especially of people in positions of authority. It is, perhaps, one of the most commonly used terms in Nigeria and.

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Currency Ban, Corrective Measure – Mnangagwa

Zimbabwe President Emmerson Mnangagwa said on Tuesday that the decision to ban the use of foreign currencies and make the interim currency the sole legal tender was needed to restore.

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