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Business

Latest African business news, latest breaking news from Africa.

Business

Dangote is most valuable brand in Nigeria

Isaac Kaledzi -
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...
Business

SA white workers union to strike over ‘racist’ scheme

Isaac Kaledzi -
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...
Business

German carmaker, VW to set-up plant in Ghana

Isaac Kaledzi -
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...
Business

Enterprise Singapore supports companies in Africa’s Digital Economy

Isaac Kaledzi -
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...
Business

South Africa ends plans to expand its nuclear power

Isaac Kaledzi -
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...
Business

Uber ‘to focus on bikes over cars’

Isaac Kaledzi -
Uber says it plans to focus more on its electric scooter and bike business, and less on cars, despite the fact it could hurt...
Business

Zambia without IMF aid due to ‘unsustainable’ borrowing

Isaac Kaledzi -
The International Monetary Fund (IMF) says it is unable to proceed with discussions on a possible aid package for Zambia. The IMF says Zambia still...
Business

Egypt: Thomas Cook evacuates customers after couple’s death

Isaac Kaledzi -
The British company Thomas Cook says it is evacuating all 301 of its customers from a hotel in Egypt. The customers have been lodging...
Business

Saudi Arabia cancels sale of shares in oil giant Aramco

Isaac Kaledzi -
Saudi Arabia is reported to have cancelled its plans to sell shares in state oil giant Aramco, which had been billed as the largest...
Business

Ghanaian born ex-UBS trader avoids deportation

Isaac Kaledzi -
A former UBS trader who was jailed after being convicted of a huge fraud has avoided being deported from the UK. Kweku Adeboli, 38, has...
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