CAPE TOWN – AYO Technology, the country’s largest black empowerment information technology company, yesterday announced that it had acquired a 55percent stake in Sizwe Africa Group...
The United States (U.S.) Ambassador to Nigeria, Mr Stuart Symington has attributed poor social infrastructure development in Nigeria to the weak system of tax collection in...
The Bank of Industry (BoI), and the Export-Import Bank of China (CEXIM), have signed a Memorandum of Understanding (MoU), to provide a credit line of up...
The AFG last week ordered that MTN pay $2bn in unpaid taxes for foreign imports. Photo: Reuters JOHANNESBURG – MTN, Africa’s biggest telecoms company, yesterday...
[FILE] Managing Director, FrieslandCampina WAMCO, Ben Langat (left), Netherland Ambassador to Nigeria, Robert Petri; President, Consumer Dairy, FrieslandCampina, The Netherlands, Roel Van Neerbos; Vice President Yemi...
The Federation Accounts Allocation Committee (FAAC) has disbursed N3.946 trillion in the first half of 2018 to Federal, State and Local Governments, the Nigeria Extractive Industries...
The International Islamic Trade Finance Corporation (ITFC) has signed $3 billion two new agreements with Egyptian General Petroleum Corporation (EGPC) and the General Authority for Supply...
When Krispy Kreme opened its first shop in Nigeria at Ikeja City Mall, Lagos on March 10, the idea was to bring to Africa’s most populous...
DURBAN – Spur Corporation plans to capitalise on the opportunities provided by technology to expand its customer base by using services like Uber Eats and Mr...
CAIRO – Public Business Sector Minister Hesham Tawfik discussed in a meeting on Thursday with the International Monetary Fund (IMF)’s permanent representative to Egypt, Reza Baqir,...
Renowned broker, FXTM is strengthening its status as a leading forex educator with the announcement of a new training centre in Port Harcourt, which acts as...
Ghanaian President Akufo-Addo has described his country as “ haven of peace, security and stability’’ that protects legitimate investments. He assured the business community in China...
On the sidelines of the Forum on China and Africa Cooperation (FOCAC) in Beijing, President Muhammadu Buhari Wednesday assured existing and prospective Chinese investors of high-level...
JOHANNESBURG – The fight against private-sector corruption in South Africa is set to receive a shot in the arm if recommendations contained in the draft 2018...
The Federal Inland Revenue Service(FIRS) has slapped MTN Group with a $2 billion tax bill, compounding the woes of the leading wireless company. The company made...
PRETORIA – Volkwagen has continued with its expansion into sub-Saharan Africa and signed a memorandum of understanding (MoU) with the Ghanaian government to establish a vehicle...
BEIJING – 4 September 2018: The Egyptian government is working to turn Egypt into a regional hub of Chinese investments, said Minister Trade and Industry Amr...
JOHANNESBURG – South Africa’s economy experienced its first technical recession since 2009 after gross domestic product contracted 0.7 percent in the second quarter. This was after first...
Coca-Cola on Friday said it had agreed to buy global coffee chain Costa from its UK owner Whitbread for £3.9 billion ($5.1 billion). “Hot beverages is...
Nigerian Government and Germany on Friday signed two memorandum of understanding in agriculture and commerce to improve productivity in both sectors. Both MoU signed was part...
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