Business
Malawi: Covid-19 affects transport sector
Cross-border transporters have said their business is among those hardest-hit by Covid-19 pandemic following travel restrictions put in place by countries to contain the spread of coronavirus. Malawi, a landlocked country,...
Read moreBreaking: EU blacklists four African countries over money-laundering
The European Union has blacklisted four African countries over money-laundering concerns as it says their financial transactions require further scrutiny. Botswana, Ghana, Mauritius and Zimbabwe were part of 12 countries...
Read moreBenin Enhances Production and Export of Soybean Using Bio-fertilizers and Isotopic Technology
Poor soil fertility meant low yields and insufficient income for soybean farmers in the West African nation of Benin. Thanks to the use of bio-fertilizers, improved using isotopic techniques, they...
Read moreAngola Cables increases capacity–Fernando Azevedo said
A note received last Wednesday from ANGOP states that, in this way, international operators and networks from Africa and Latin America have the possibility to connect to LINX to support...
Read moreCOVID-19: Egyptian businessman donates LE 51.5M to back state’s pandemic strategy
CAIRO – 7 May 2020: Egyptian businessman Youssef Mansour, chairman of family-owned conglomerate Mansour Group, has donated LE 51.5 million ($3.26 million) to back the state’s efforts to fight coronavirus,...
Read moreMTN suspends dividend payment, postpones Annual General Meeting
Mobile telecom giant, MTN Ghana, has announced the postponement of its 2020 Annual General Meeting scheduled for 13 May 2020. At the same time, it has announced the suspension of...
Read moreKenya: Huge losses as floods destroy rice farms
Edwin Manyonge, the scheme’s manager said at least 1,300 acres of rice that belongs to local farmers is currently under water. Some of the rice was due for harvesting before...
Read moreCovid-19 has put South Africa’s car manufacturing plans in jeopardy
Johannesburg - The expansion of South Africa's car manufacturing industry is central to government's economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push...
Read moreSouth Africa: 150 000 people have been approved for payment holidays since April – FNB
FNB and WesBank have approved payment breaks on more than 500 000 credit agreements for nearly 150 000 individual and business customers since 1 April 2020. FNB Chief Executive, Jacques Celliers says:...
Read moreGHANA: $1bn IMF loan isn’t ‘interest-free’ – Jinapor sets the records straight
Member of Parliament for Yapei/Kasawgu constituency, John Abdulai Jinapor says Ghanaians should be worried over government's subsidization of electricity bills because there will be serious implications in the offing. According to Finance...
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