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Business

Nov 12, 2015
Anheuser-Busch InBev has agreed the terms of its £71bn takeover of rival SABMiller, in a deal that will combine the world's two largest beer makers. AB InBev, the maker of…
Nov 11, 2015
Online taxi-hailing service Uber has agreed a 200 million rand ($14 million) deal with South African vehicle finance provider WesBank to rent cars to drivers who can't afford to buy…
Nov 09, 2015
EDCON Holdings faces a fine and other penalties after the National Credit Regulator (NCR) found it had breached the National Credit Act. The retailer, which is controlled by US private-equity…
Nov 09, 2015
United Arab Emirates is looking to increase its influence in African markets where it expects to enjoy significant growth in trade -- in line with aspirations of the UAE government…
Nov 08, 2015
Zimbabweans have a new economic headache, the rand, which fell to a record low against the dollar on Friday. Apart from putting up with cash shortages, worsening unemployment, rising taxes…
Nov 06, 2015
On Thursday, a specialist risk finance group, Business Partners, launched a ZAR300 million ($21 million) fund allocated for the financing of new or existing small, medium-sized and micro-enterprises (SMMEs) within…
Nov 02, 2015
The 2016 Ease of Doing Business Report was recently released by the World Bank, the report is backed information from data findings as recent as June 2015. The report titled,…
Oct 30, 2015
The much-awaited Achimota Retail Centre, the latest modern retail shopping facility in the country, was officially opened yesterday at Dome, Accra. The $60 million investment project is owned by Delico…
Oct 29, 2015
For all of the opportunities present in Africa's huge and young population, growing economies and expanding trade links, the continent can be a daunting place to set up and run…
Jun 05, 2015
West African crude oil exports to Asia are set to fall by more than 9 percent in June to 1.8million barrels per day (bpd), according to a Reuters’ survey of…
May 15, 2015
Shandong acquired the 75 percent stake in Tonkolili it did not already own last month and has pledged to invest $600 million and increase production by 25 percent. Yet, despite…
May 11, 2015
Indigenous airlines are readying themselves to take advantage of opportunities to partner large foreign airlines in codeshare and interline arrangements as they submit to an IATA Operational Safety Audit (IOSA).…
May 04, 2015
Basking in the euphoria of the successful inauguration of his plants in Cameroon and Senegal recently, President of the Dangote Group, Aliko Dangote has disclosed that the Dangote Cement annual…
May 02, 2015
Ngozi Okonjo-Iweala. Finance Minister of Nigeria Nigeria's finance ministry has paid importers 156 billion naira ($790 million) to cover subsidy payments owed from 2014, it said on Thursday, seeking to…

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