Business

Guinness breaks silence on reported plans to close operations in Nigeria after 61 years

No more borrowing to finance Nigerian economy – Finance Minister

EA economies hit by fresh round of fuel price hikes as global crude supply shrinks

Kenya, Uganda tighten controls of mining sector

Kenya debt interest payments rise to $1.6bn on weak shilling

Ruto signs $59m deal with US aid agency to acquire electric buses

Poor investor relations cited for start-up funding hitch in Africa

IATF2023 Roadshow informs UAE private sector on trade and investment opportunities across Africa

Mining firm Base Titanium pays Kenya $49m in royalties, taxes

Uganda’s trade deficit narrows by 32.2pc

Trade between India and Tanzania hits $6.4 billion

Winners and losers as dollar crisis continues to hit economy

UNCTAD reveals how rating agencies push Africa to pay more on loans

Rwanda raises policy rate to 7.5pc to tame inflation

State-owned Insurance firm gets Superbrand recognition

Nigerians pay more for transport, food in June - NBS

Kenya retreats from domestic borrowing to cool interest rates

Airtel Kenya to invest $150m in grid growth

The Board of Directors of the Tanzania Private Sector Foundation (TPSF) has appointed John Ulanga as its new Chief Executive Officer (CEO), with effect from August 7, 2023.

Stanbic, Agricom sign agreement on agri-technology

Sh5 billion tanzanite auction centre nears completion

Kenya coffee export volume up to 14-year high on yield

Kenya dollar holders record large gains as shilling slides

BoA introduces agency banking in new service expansion drive

Fuel prices hit the roof in Tanzania

Kenya breaks Autoport monopoly in handling South Sudan cargo

Kenya’s inflation eases to 14-month low on food costs drop

15 companies owned by world's richest Black billionaire, Aliko Dangote

Anger boils over as Kenya’s cost of living protests shake the nation

10 businesses owned by the wealthy Elnefeidi family of Sudan

Tanzania ordered to pay Indiana Resources $109.5 million

Vodacom Tanzania faces Sh10 billion suit over data privacy

Apple to change its pricing system in Tanzania

Bank of Tanzania issues licence to new payment service firm

Expensive airfares hurting Africa's aviation sector - Report

Tanzania and Kenya collect highest taxes on fuel

'Meta loses more': Zuckerberg takes Threads fight to EU

Nigeria’s petrol use falls after end of subsidy, regulator says

Tanzanians in the diaspora urged to take advantage of NSSF investment opportunities

The downfall of Nigeria's 'all powerful' central bank governor

Kenya’s corporate debt market facing brewing investor confidence crisis

Ethiopian Airlines named 'The Best Airline in Africa'

Equity snaps up Rwanda bank in $47m deal

Nigeria eurobonds rise after suspension of Central Bank governor

How Teri Ijeoma quit her job in education to trade stocks and travel the world

Nigerians look to president-elect Tinubu for economic turnaround

IMF approves US$3.5bn loan for Ivory Coast, US$500 million released as tranche 1

Insurers, unit trusts big winners in Uganda tax proposals

East African central banks mull digital currency to ease payments

Spraying cash a form of currency abuse - Nigeria central bank lists others

South Africa open to the possibility of 'moving away from the dollar' - Foreign Minister

Danish oil tanker crew rescued after hijack off West Africa coast

Removing barriers can increase trade flow in Africa by 53 per cent – IMF

GCBL gets 4 top business leaders' appointments

Stowaways put Nigeria aviation security on the global spot

Africa loses US$88.6bn yearly through corruption, money laundering, tax evasion - Report

Nigeria’s debt at $103b, GDP wanes as inflation, redundancy rise

Contractor drags Nigerian billionaire Mike Adenuga’s firm to court over alleged $775,000 debt

Egyptian businessman Hani Berzi’s Edita posts $17.1 million in profit in 2022

Nigerian billionaire Femi Otedola urges incoming gov’t to fix electrcity transmission

First black-owned shoe manufacturing company launched by HBCU president

Meet Richmond Bassey, Nigerian entrepreneur making investment opportunities more accessible for Africans

Costly fuel, weak currency push up Kenya electricity price

Kenya faces fuel crisis as stocks dry up on dollar shortage

Africans lose least in $5.9b global crypto scams

GCFO Kagiso Lerutla identifies climate change as a major finanicial risk in 2023

GCFO Kagiso Lerutla concerned about the economic impact of another possible global recession

GCFO Kagiso Lerutla highlights the importance of financial literacy in primary education

GCFO calls upon struggling residents to register on the city's indigent programme

GCFO introduces an innovative online payment portal for Ekurhuleni residents

EAC partner states on the spot over irregular excise tax

Leading Israeli firm launches food security projects across 13 African countries

Meet Mr Kagiso Lerutla the man making a positive impact

Uganda keeps oil dream alive amid rising criticism

Tanzanian motorists, households get marginal relief at the fuel pump

Nigerian American-born man opens first Black-owned, plant-based vegan chicken wings restaurant in Atlanta

Ivory Coast to boost cocoa grinding capacity with new plants

Tanzania among top economies in 2023

Tanzania banks rake in Sh1.16 trillion net profit in record display

How an engineer left career to pursue agribusiness

Museveni sees Uganda’s economy grow by ‘billions of dollars’

South Africa to send dozens of cheetahs to India under new deal

Africa requires new strategy to optimise investment - Yofi Grant

After his driverless car, Zimbabwe’s William Sachiti is changing the world one tech innovation at a time

Kenyan skincare company that recently raised $1M shares why it leverages technology from South Korea

Tanzania registers record diamond exports

10 facts you probably didn't know about the Dangote refinery

Uber hints at resuming services after regulatory changes

Nigeria’s richest men, Dangote, Rabiu invest $1 billion in sugar production

Chinese firms ink deal for final phase of Tanzania’s SGR

IMF endorses Uganda’s public sector reforms with $240m cheque

SMEs in Africa to get support under US$100 million funding

Can the new Naira notes save Nigeria’s economy?

Black-owned whiskey brand created to honor former slave crosses $100 million sales mark

Uganda seeks tech revolution boost with free smartphones for homes

Air France to launch direct flights from Paris to Dar es Salaam

Tanzania: Central bank’s new warning to ‘rogue’ lenders

Aliko Dangote's net worth surpasses US$19 billion, first time since Sept. 2022

Kenya's commercial banks fall in line on credit scoring for loanees