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Oct 05, 2018
  India agreed a deal with Russia to buy S-400 surface to air missile systems on Friday.   The Kremlin said, as New Delhi disregarded U.S. warnings that such a…
Oct 04, 2018
The World Bank has lowered its growth forecast for Nigeria’s economy in 2018 to 1.9 percent as the growth continued to downsize in the oil and agriculture sector.   The…
The Naira on Thursday appreciated marginally against the dollar at the Investors’ Window (I & E), exchanging at N363. 57, stronger than N363.94 posted on Wednesday. The daily market turnover…
Oct 03, 2018
Australia is seeking to join China, UK and Europe in the race to increase business footprints in Africa. The country’s new position is aided by a new look foreign policy…
US President Donald Trump tweeted on Thursday that oil prices were too high, and he called for the OPEC cartel of oil producers to "get prices down!" Trump seemed to…
Oct 02, 2018
South African petrol prices will increase to a record-breaking R17.08 inland this week – up from R9.41 in October 2008.   And at the coast, a litre petrol will cost…
Oct 02, 2018
Botswana retailer Choppies is expanding to Ongata Rongai, taking over the space previously occupied by Uchumi Supermarkets. Choppies will be joining Tuskys, Tumaini and Cleanshelf in the race to capture…
President of Ghana‎, Nana Akufo-Addo‎ has stressed that Nigeria needs to get it’s policy formulation and implementation right, by necessitating value addition, particularly in the oil sector.   Akufo-Addo, who…
Sep 26, 2018
The business cycle in South Africa, where the economy entered its first recession in almost a decade in the second quarter, is in its longest downward phase since records started…
Sep 25, 2018
The share of internal trade in Africa remains low, as reflected by official statistics. This is despite numerous regional trade agreements that have led to tariffs removal within the trading…
Sep 23, 2018
SAA is considering selling off assets after banks have refused to lend it any more money – and its debt ballooned to R15bn more than its assets at the end…
Sep 22, 2018
The Nigerian National Petroleum Corporation (NNPC) has said it recorded a trading surplus of ₦17.16 billion in April.   In a statement on Thursday in Abuja by the corporation’s Group…
Sep 21, 2018
South African food hauler AfriAg Global PLC is seeking a licence to grow dagga in the UK. The company has engaged London office of law firm, Hill Dickinson LLP, to…
Sep 20, 2018
Castle Milk Stout has been hit by a complaint to the Advertising Standards Authority following a campaign to publish clan names on beer cans.   An aggrieved consumer believes this…

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