NAIROBI, June 4 – Preparations for a United States-backed Ebola quarantine facility in Kenya are continuing despite court orders suspending the project …
Sectors
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LUSAKA, June 4 – A subsidiary of Vedanta Resources is pursuing a public listing in the United States as the mining group …
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LUSAKA, June 3 – Zambia has extended the suspension of its 10% export duty on copper concentrates until September 30, providing relief …
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Banking & Finance
Nigeria’s Central Bank Rolls Out New FX Manual to Streamline Foreign Exchange Transactions
LAGOS, June 3 – The Central Bank of Nigeria (CBN) has launched a revised Foreign Exchange Manual aimed at improving transparency, reducing …
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LONDON, June 3 – Dangote Refinery is preparing a significant expansion of its operations, with plans to add 700,000 barrels per day …
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ABUJA, June 3 – The Federal Government of Nigeria has introduced new guidelines aimed at speeding up the deployment of solar mini-grids …
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JOHANNESBERG, June 2 – South African retailer Pick n Pay has confirmed a data breach involving customer information linked to an older …
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Telecommunications
Telkom Reports 30% Earnings Growth as Mobile Data and Fibre Demand Strengthen Performance
JOHANNESBURG, June 2 – South African telecommunications operator Telkom reported a strong increase in annual earnings, driven by sustained growth in mobile …
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LAGOS, June 2 – Nigerian business banking startup Brass will cease operating as an independent company and move its customers to Paystack …
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LAGOS, June 2 – Nigeria’s banking sector has recorded a rise in non-performing loans (NPLs), with the ratio climbing to 8.03% in …