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Business
Latest African business news, latest breaking news from Africa.
MTN hit with $2 billion tax bill in Nigeria
MTN Group faces a $2 billion demand for taxes in Nigeria, the latest in a series of skirmishes with authorities in the South African...
South Africa enters recession for first time since 2009
South Africa on Tuesday entered into recession for the first time since 2009, according to second quarter data. That means the country has for...
‘EnergyWeek Morocco’ to focus on power projects in North and West Africa
EnergyWeek Morocco will take place from 14-15th November in Marrakech. The event is a platform for decision-makers in the energy sector to discuss the...
Africa to receive $60 bln in financial support from China
China says it will provide $60 billion in financial support to Africa as it continues to strengthen its relations with the continent.China is hosting...
Dangote is most valuable brand in Nigeria
The Nigerian company Dangote, owned by Africa's richest man, Aliko Dangote has emerged the most valuable brand in Nigeria for 2018.The company was part of...
SA white workers union to strike over ‘racist’ scheme
South Africa’s white dominated workers union has announced plans to embark on strike on Monday at petrochemicals firm Sasol. The Solidarity Union has 6,300...
German carmaker, VW to set-up plant in Ghana
German car-maker, VW is set to establish an assembling plant in Ghana. German Chancellor Angela Merkel made the revelation during her trip to the...
Enterprise Singapore supports companies in Africa’s Digital Economy
Enterprise Singapore has successfully facilitated close to 50 projects for Singapore companies in Africa in the last two years.80% of these projects were undertaken...
South Africa ends plans to expand its nuclear power
The South African government has announced an end to plans to expand its nuclear power plant.That means it will not be adding the intended...
Uber ‘to focus on bikes over cars’
Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt...
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