The Central Bank of Egypt has given preliminary authorisation to OPay Egypt, the top fintech and electronic payments company, to issue prepaid cards using its OPay…
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Egypt’s current account deficit shrank to $3.8 billion in the October-December quarter from $4.85 billion a year earlier, thanks to a surge in tourism, according to…
As labour pressure mounts, Sibanye-Stillwater stays hard on its pay agreement. Sibanye-Stillwater, a precious metals manufacturer, said it would not be forced to accede to labour…
As fuel prices reach historic levels in Kenya, the government has committed to stepping in and providing subsidies to marketers who have had to sell at…
Tullow Oil faces the possibility of shutting down its Turkana Oil Project activities unless it can find a strategic investor. Tullow argues that failing to find…
Elon Musk, the owner and CEO of Tesla, announced a $43 billion cash takeover bid for Twitter Incorporation on Thursday, claiming that the social media firm…
To minimise Kenya’s reliance on independent oil marketers, the government has announced intentions to award the National Oil Corporation a tender to import 30% of the…
The Radisson Hotel Group has announced the inauguration of Number One Oxford Street Hotel & Suites, a Radisson Individuals member, in Ghana. The hotel is also…
Tanzania’s Standard Gauge Railway (SGR) will launch its first segment this month, connecting Dar es Salaam and Morogoro. The Tanzania Railways Corporation (TRC) states that the…
https://www.youtube.com/embed/flDOL9xcd5E The International Monetary Fund has expressed concerns about the risk of a global sovereign debt default as many countries across the world are finding it…