News

South Sudan struggles to survive despite improved food security conditions, UN agencies

09-17-2019 | 08:06:00
In spite of a slight improvement in the food security situation since June 2019, more than half the population of South Sudan, some 6.35 million people, do not know where their next meal will come from, three United Nations agencies warned.

Agricultural innovation & technology hold key to poverty reduction in South Asia and Africa, World Bank

09-17-2019 | 06:24:00
Developing countries need to dramatically increase agricultural innovation and the use of technology by farmers, to eliminate poverty, meet the rising demand for food, and cope with the adverse effects of climate change.

Standard Bank remains South Africa’s most valuable brand, report

09-10-2019 | 10:59:00
Standard Bank has retained its position as South Africa’s most valuable brand, according to the second edition of the BrandZ Top 30 Most Valuable South African Brands report.

[South Africa] Santam posts solid operational half-year results

09-05-2019 | 10:48:00
Santam, South Africa’s largest short-term insurer has reported solid operational results for the six-month period ended 30 June 2019, in an environment characterised by tough trading conditions for short-term insurers.

African leaders have opportunity to embrace a high growth, low emission future, FTI Consulting

09-05-2019 | 09:35:00
African leaders have an opportunity to achieve long-term economic growth while minimizing environmental harm, according to a new report by FTI Consulting.

[Somalia] Boosting education outcomes is critical for sustained and inclusive growth, World Bank

09-05-2019 | 06:14:00
Improving education outcomes of the younger generation is key for enhancing productivity, sustaining economic recovery, boosting inclusive growth and promoting poverty reduction in Somalia.

[South Africa] Poor data management costs companies millions each year

09-04-2019 | 12:07:38
Companies are failing to meet user demand for uninterrupted access to applications and data and it is costing them millions each year according to the 2019 Veeam Cloud Data Management Report.

[South Africa] MultiChoice declares R1.5Bn payment to Phuthuma Nathi shareholders

09-03-2019 | 07:15:00
MultiChoice South Africa (MCSA) has declared a dividend of R1.5 billion to Phuthuma Nathi (PN) shareholders, an increase of 13.6% from 2018.

[Kenya] New iTax enhancement boosts July 2019 Capital Gains Tax revenue performance

08-27-2019 | 12:56:00
The Kenya Revenue Authority (KRA) has enhanced the iTax system to reflect exemptions in transactions that attract Capital Gains Tax (CGT).

[Egypt] Zohr gas production reaches 2.7 bcfd

08-27-2019 | 05:50:00
Eni announces that the production from Zohr field has now reached more than 2.7 billion cubic feet per day (bcfd), about 5 months ahead of the Plan of Development (PoD).

Innovative leasing deals boost Kenya’s office market, Broll Property

08-22-2019 | 09:43:00
A creative approach to leasing deals is helping innovative landlords offset the challenges of high vacancies in an overstocked Nairobi office market, according to Broll Property Intel’s latest Kenya Office Market Snapshot H1:2019 report.

The dark side of mobile apps

08-21-2019 | 06:44:00
6 Android apps that were downloaded a staggering 90 million times from the Google Play Store were found to have been loaded with the PreAMo malware.

M&A deal value in Africa rises 32% in H1 2019

08-19-2019 | 09:06:18
There has been a sharp increase in the value of total mergers and acquisitions deals in Africa in the first half of 2019.

[South Africa] JSE delivers resilient performance for the first half of 2019

08-13-2019 | 07:07:30
The first half of 2019 has been challenging for the JSE although the exchange has delivered resilient performance.

Ghana-Canada trade hits $264m

08-12-2019 | 08:18:00
The government of Canada has reaffirmed its commitment to improve partnership with Ghana in the mining sector to help realise the “Ghana Beyond Aid” agenda.
 
Features

[Column] Olagoke Aluko: Liquefied Petroleum Gas (LPG) regulations lead the way in reshaping consumer behaviour and industry in Kenya

08-22-2019 | 08:26:00
Kenya has paid a heavy price in lives lost for its slow uptake of LPG as a cooking fuel.

[Nigeria Business Week] Industries partner to reach common goals

01-10-2019 | 10:57:00
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.

[SA Business Week] Key sectors appointments and a busy air route

10-05-2018 | 16:19:00
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.

[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind

05-24-2018 | 13:15:00
Two years ago Nigeria was as good as drowning in debts, unemployment, reduced investment and general widespread discontent. Today, though still a work in progress, the country has exited recession and is fast regaining its momentum.

[Startup Interview] Renaldo Bothma, Managing Director, HomeFixer, South Africa

05-21-2018 | 11:34:00
Renaldo Bothma is a professional rugby player and founder of a new app, Homefixer, an app to help fix any household related issue at the push of a button.

[Column] Gilbert Saggia: Data - the fertilizer that will feed Africa's agricultural transformation

03-27-2018 | 13:27:00
Everywhere we look, technology is being touted as the enabler of a new era of African agricultural prosperity. The exciting world of possibilities offered by blockchain, IoT and machine learning has made companies, governments and policy-makers sit up.

[Column] Benjamin Coetzer: Combating cloud’s biggest security risk - the user

03-20-2018 | 10:54:00
Cloud is coming into its own. Forrester says that public cloud platforms, business services, and applications will reach $236B by 2020.

Nigerians seek next level shopping experience - Nielsen findings

10-16-2017 | 07:45:00
Despite Nigeria’s retail sector being dominated by independent formats like Open Markets and Kiosks in terms of absolute store numbers, modern trade formats like Supermarkets and Hypermarkets are stepping up to fulfil the needs of consumers.

[Column] Frances Okosi: The rise of renewable energy across Africa

06-01-2017 | 10:12:00
The extent of the power deficit across Africa is well documented and increasing electricity generation across the continent is the focus of a number of initiatives at both national and supra-national level.

Africa presents a mixed foreign direct investment picture - EY Africa Attractiveness report

05-03-2017 | 07:33:00
According to EY’s latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.

[Column] Brett Parker: Between East & West, Africa's economic transformation will create a third centre of global power

04-19-2017 | 10:06:00
What a difference a century makes. If we stepped back in time to a hundred years ago we'd find a primitive China; a Middle East that had yet to discover the riches of oil and most of Southeast Asia consisted of countries that were barely distinguishable from medieval societies.

Casablanca and Nairobi rank leading destinations for Fortune 500 companies establishing international headquarters

04-18-2017 | 09:44:00
The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 companies, according to a new report released by Infomineo, a global business research company specialising in Africa and the Middle East.

Powering Africa's Transformation - Tony Elumelu, Aliko Dangote, Carlos Lopes

04-14-2017 | 07:34:00
Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.

Economic growth in East Africa remains strong despite drought - Report

04-14-2017 | 07:17:00
East Africa's economy has continued to grow despite the adverse effects of drought being felt across the region according to ICAEW's (the Institute of Chartered Accountants in England and Wales) latest report.

[Column] Jaco Lotz: Growth in middle class drives private education boom in Africa

04-04-2017 | 12:38:00
Private universities and schools are mushrooming across Africa, as parents increasingly seek a quality education for their children outside of the state offering - a move which is largely attributable to the rapid growth of the middle class on the continent.