Tuesday, October 14, 2025
- Advertisement -

CATEGORY

Business

South Africa in talks with Airbus, Boeing to print 3D parts

South African researchers developing the world’s largest machine for producing aircraft parts using lasers to melt powdered titanium are in talks with Airbus and Boeing, with the first commercial application expected in 2019.

Snapchat firm share price soars on debut

Shares in Snap, owner of messaging app Snapchat, began trading on the US stock market on Thursday. At the close of trade shares were $24.48...

Ghana’s new government targets deficit, inflation in first budget

Ghana aims to reduce its budget deficit and inflation in 2017, Finance Minister Ken Ofori-Atta said on Thursday in a budget speech designed to...

Namibia’s central bank assumes control of SME Bank

Namibia's central bank has assumed control of SME Bank Limited, a lender focused on small businesses in the southern African nation, it said on...

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...

Latest news

- Advertisement -