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Business

Jul 14, 2016
RLG Communications Nigeria has won a contract to manufacture and supply 150,000 digital set-up boxes (STBs) for the pilot phase of the migration which was being executed by the Television…
Jul 12, 2016
Prime Minister Narendra Modi is on a four-nation tour of Africa that is part of a policy push to make his country a more global player, economically and diplomatically. India…
Jul 11, 2016
The problems facing small and medium-sized enterprises in the country goes beyond the perennial lack of access to cheap credit as most start-up businesses in the country are not ready…
Jul 08, 2016
Fairfax Financial Holdings Ltd. said it has acquired the South African and Botswana operations of Zurich Insurance Group Ltd.'s Zurich Insurance Co. South Africa Ltd. The terms of the transaction…
Jul 05, 2016
Following Nigeria’s quest and intense desire for Direct Foreign Investment (DFI), especially in oil and gas infrastructure development, Blooming Faith Petroleum Limited, a subsidiary of Blooming Faith Global Holdings Limited,…
Jul 04, 2016
Africa's largest bottler, Coca-Cola Beverages Africa (CCBA), on Monday opened its doors for the first day of operations. The Coca-Cola bottling plant in Olifantsfontein, Johannesburg. Pic Credit: BLOOMBERG CCBA was…
Jul 04, 2016
MallforAfrica (MFA), Africa's largest e-commerce company which provides African consumers access to billions of items to purchase from the US and UK, announced today that its Nigerian customers who pay…
Jul 02, 2016
India's-based Esdee Paints Limited has acquired 50 per cent equity shares in Ethiopia-based Jelaram Pvt Ltd, to form a joint venture to set up a manufacturing unit at Ethiopia. Esdee…
Jun 29, 2016
Econet Wireless Global affiliate Liquid Telecom agreed to pay 6.55 billion rand ($428 million) for South African Internet-service provider Neotel Pty Ltd., creating the continent’s largest broadband network and business-to-business…
Jun 22, 2016
If you have ever tried Charhon’s loose biscuits, you would know why the “Buy Zimbabwe” campaign is hard to swallow. On the outside, the packaging is boring and plain. Inside,…
Jun 17, 2016
Nigeria will allow the embattled naira to trade freely in a move to control the currency crisis in Africa's most populous nation. The new system will come into effect on…
Jun 10, 2016
South African food producer Tiger Brands said on Thursday it has sold its 51% stake in an Ethiopian business for an undisclosed sum to the other shareholder in the venture.…
Jun 07, 2016
Home grown brands maintain a powerful hold over local consumers, with a brand’s country of origin cited as equally important - or even more important - than other purchasing criteria…
Jun 06, 2016
KFC in Botswana has confirmed it has temporarily closed some of its restaurants after the brand was placed under provisional liquidation. The fast food franchise says a provisional liquidator has…

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