Wednesday, February 4, 2026
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Facebook to pay 110m euro fine for deceit

European Union (EU) antitrust regulators on Thursday said they would fine Facebook 110 million euros (122.4 million dollars) for providing misleading information over its...

GM to discontinue operations in India, South Africa

General Motors Co plans to quit selling vehicles in India by the end of this year and will sell operations in South Africa, the...

Djibouti and China strengthen ties

Djibouti-China relations reached an all-time high this week, as representatives participated in the Belt and Road Forum for International Cooperation. The Forum, the highest profile...

Nestle loses appeal over Kit Kat trademark

Swiss food and drink giant Nestle on Wednesday lost its legal bid to register the shape of a four-finger Kit Kat chocolate bar as...

Rwanda slaps $8.4m fine on MTN

Rwanda’s leading telecommunications firm MTN has been hit with an $8.5 million (Rwf7.03 billion) fine by the regulator. The Rwanda Utilities Regulatory Authority (Rura) said...

Kenya rules out banning of second-hand clothes

Kenya has backed away from plans to impose a ban on second-hand clothes in a move officials say will leave local textile dealers at...

Tullow makes oil discovery in Kenyan well

Africa-focused oil company Tullow Oil Plc said it encountered 75 metres of net oil pay in two zones at an exploration well in Northern...

Ghana’s Minority petitions US Exchange Commission over $2b bond

The Minority in Ghana’s Parliament has petitioned the Security and Exchange Commission of the United States over the controversial US$2.25 billion bond issued by the Finance ministry in April. The Minority in a statement said they hope their petition will lead to an investigation in their claim of conflict of interest against the Finance minister Ken Ofori Atta over the issuance of the bond.

South Africa’s ANC wants reversal Eskom CEO decision

South Africa's ruling African National Congress wants the public enterprises minister to reverse her decision to re-appoint Eskom chief executive Brian Molefe five months...

China invests $124bn in global trade project

The Chinese government is investing tens of billions of dollars as part of an ambitious economic plan to rebuild ports, roads and rail networks. China's...

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