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Business
Latest African business news, latest breaking news from Africa.
How to solve the top 6 entrepreneurship problems
Being an entrepreneur comes with numerous challenges. Being a new entrepreneur comes with hundreds of challenges.Entrepreneurs today face issues and run into obstacles on...
Chinese vessel fined $1m over illegal fishing in Ghana
Ghanaian authorities have fined owners of a Chinese vessel that engaged in illegal fishing in the country's waters.Owners of the fishing vessel, Lu Rong...
World Bank cuts growth forecast for sub-Saharan Africa
Economic growth forecast for sub-Saharan Africa for 2019 to 2021 has been cut by the World Bank by 0.2 percentage points.Earlier projection by the...
Ghana in line to host ECOWAS central bank
Ghana is seeking to host the ECOWAS central bank which is expected to be set up in the coming months.The bank would be critical...
Rwanda launches ‘Made in Africa’ smartphones
Rwanda's President, Paul Kagame on Monday officially launched two new smartphones manufactured in Africa.The new phones are the first “Made in Africa” models produced...
Zambia’s plan to impose tax on Netflix sparks row
Zambia's government has signaled its intention to impose tax on online video streaming service giant Netflix.
According to the government international online companies like Netflix do...
SA Airways crew held in Hong Kong over drug offences
Two South African Airways (SAA) flight attendants have been detained in Hong Kong on suspicion of drug trafficking.They are accused of carrying cocaine worth...
Kenya: Betting firm SportPesa sacks 400 staff
Betting firm SportPesa has sacked 400 of it's employees in Kenya because it could no longer afford to pay them their salaries.The company has...
Facebook to open centre in Lagos to support small businesses
Facebook in partnership with Teleperformance, has announced the opening of its first Small Business Group (SBG) Operations Centre in Lagos, Nigeria, which will provide...
Zimbabwe bans mobile money cash transactions
Zimbabwe's central bank has banned mobile money agencies from facilitating cash withdrawals or deposits.The southern African nation is struggling to deal with a worsening...
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