Friday, July 4, 2025
- Advertisement -

CATEGORY

Business

Uganda government takes over troubled telecom

The government has taken over Uganda Telecom Limited (UTL) after the firm’s majority shareholder failed to inject capital to turnaround the state of the ailing telco.

Mozambique to seek partial debt restructuring

Mozambique will seek to negotiate a restructuring of part of its debt, its prime minister said on Wednesday. The southern African nation is struggling to...

South African coal truck drivers protest against renewables

Thousands of coal truck drivers descended on South Africa's capital Pretoria on Wednesday to protest against the country's renewable energy program, after President Jacob...

Mitsubishi Hitachi to supply turbines for Kenyan geothermal plant

Japan's Mitsubishi Hitachi Power Systems said on Tuesday it and two other firms had won an power generation plant order including two 70 megawatt...

GM plans to sell stake in East African unit to Isuzu

General Motors Co on Tuesday said it plans to sell its majority ownership stake in General Motors East Africa to its Japanese partner Isuzu...

Nigeria’s economy contracted by 1.5 percent in 2016

Nigeria's gross domestic product fell by 1.5 percent in 2016 due to lower oil revenues, the National Bureau of Statistics said on Tuesday, for...

South African official sacked over 350% pay rise

A South African government official who granted himself a 350% pay rise has been sacked. Collins Letsoalo was supposed to be "Mr Fix-it" - brought...

Nigerian court to rule on Shell, ENI dispute with authorities in March

A Nigerian court will rule on March 13 on a request by Royal Dutch Shell and Italy's Eni to lift the temporary seizing of...

SpaceX to fly two tourists around Moon in 2018

US private rocket company SpaceX has announced that two private citizens have paid to be sent around the Moon. The mission is planned for late...

Samsung heir to be indicted on bribery charges

Samsung's heir apparent Lee Jae-yong is to be formally indicted on multiple charges including bribery and embezzlement, prosecutors said.

Latest news

- Advertisement -