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Business

Oct 19, 2018
US stocks rebounded from Thursday’s sell-off as the latest batch of earnings provided evidence of corporate strength. The dollar and Treasuries fell on signs of easing trade tensions with China.…
Following concerns over the nation’s rising debt profile and dwindling revenue, the Federal Government of Nigeria said it was planning to reduce its fiscal plan for the first time since…
Oct 18, 2018
The Nigerian Senate In Wednesday, passed a resolution calling on the Central Bank of Nigeria (CBN) to suspend the excessive ATM card maintenance charges being deducted from customers. The resolution…
Oct 17, 2018
Nearly a century of marijuana prohibition came to an end Wednesday as Canada became the first major Western nation to legalize and regulate its sale and recreational use.   The…
The Federal Government of Nigeria has admitted that Nigeria is in debt distress as pointed out by the International Monetary Fund (IMF) on Thursday.   The Director of African Department…
Oct 17, 2018
Facebook has tried to shut down ads that illegally used South African billionaire Mark Shuttleworth as its "front man" - but hours later they popped up again. Shuttleworth’s name and…
Oct 16, 2018
All KPMG partners - even those who have jumped ship - could be held liable for a potential claim of R1.89 billion following the firm's disastrous audit of VBS. The…
Oct 14, 2018
The Shippers Council of Niger has abandoned a Memorandum of Understanding (MoU) it signed with the Nigeria Shippers’ Council (NSC) to ship transit cargo through Nigeria, NSC Executive Secretary, Hassan…
Oct 14, 2018
Twenty people have been arrested as police press a manhunt for Africa’s youngest billionaire who was kidnapped in Dar es Salaam two days ago, a minister said Saturday. Mohammed Dewji,…
Oct 12, 2018
China's government has hit back at the Trump administration, accusing the US president of "bullying" over his aggressive tactics in the escalating trade conflict between the two nations, saying it…
Oct 11, 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 purchase…
Oct 11, 2018
The Federal Government of Nigeria has announced the issuance of a second tranche of N100 billion Sukuk Bond to finance road infrastructure across the country. The approval for the second…
The South African economy is in the midst of its longest business cycle downturn in more than 73 years, according to the Reserve Bank, and things aren't looking particularly favourable…
Oct 10, 2018
After 18 years, Australia's Monash University will be pulling out of South Africa, selling out to JSE-listed education group Advtech in a R340 million deal.   Monash South Africa was…
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