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Business
Latest African business news, latest breaking news from Africa.
Sony net profit soars in April-June quarter
Japanese electronics and entertainment giant Sony said Tuesday its net profit nearly quadrupled in the three months to June, backed by brisk sales of...
Avian flu outbreak hits Zimbabwe poultry farm again
A Zimbabwean poultry farm has reported a second outbreak of highly pathogenic H5N8 bird flu, two months after it first occurred, the state-owned Herald...
Dangote still richest man in Africa
Although, Africa’s richest man, Nigerian Aliko Dangote  dropped to 105th on the 2017 Forbe’s real-time billionaires’ ranking, he maintains the lead in Africa, as...
Barclays Africa weathers economic storm for now
South Africa’s tough economic conditions have taken their toll on Barclays Africa, with the bank’s revenue falling by 1%. It still outperformed its UK...
IT chaos cost British Airways £58m
The IT failure at British Airways in May that left thousands unable to check in baggage cost it 65m euros (£58m), the airline's owner,...
Google to train 10 million African in online skills
Alphabet Inc's Google aims to train 10 million people in Africa in online skills over the next five years in an effort to make...
Amazon founder is the world’s new richest man
Amazon founder Jeff Bezos has overtaken Bill Gates to become the world's richest person, worth $90.7bn (£69bn).
A 2.4% rise in Amazon shares on Thursday...
Samsung Electronics overtakes Apple in earnings
South Korean giant Samsung on Thursday posted record quarterly earnings, putting it on course to overtake Apple as the world's most profitable tech firm...
Shops close in Ethiopia’s Addis Ababa over tax dispute
Shops closed their doors in Addis Ababa's largest market on Tuesday in protest at a recent hike in business taxes, bringing anger over the...
Namibia reviews poultry import ban after shortages hit KFC
Namibia has amended a suspension of poultry imports from South Africa, its Directorate of Veterinary Services (DVS) said on Monday, after shortages caused by...
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