May 10
Liberia: Weah's Royal Communications Inc. Goes Bankrupt - Aggrieved Employees Stage Go-Slow Action Over Five Months' Unpaid Salaries
FrontPageAfrica
Aggrieved employees of the Royal Communications Incorporated (RCI), owned by former Liberian President George Manneh Weah, have staged a go slow action in demand for the payment of… Read more »
East Africa: Safaricom Projected Earnings Weighed Down By Ethiopian Loss
Business Day Africa
Safaricom, Kenya's leading telecommunications company, reported a slight uptick in profits, albeit dampened by the underperformance of its Ethiopian arm. Read more »
May 09
Liberia: Western Cluster's Road Permit Suspended
New Dawn
Liberia's Public Works Ministry has suspended the road user permit (RUP- 220620-004) issued to Western Cluster Limited (WCL) for "violation of the terms of the permit." Read more »
May 08
Nigeria: Binance CEO's Bribery Allegation - House of Reps Deny Ever Meeting
Premium Times
The CEO of Binance, Richard Teng, claimed on Tuesday that the House Committee on Financial Crimes demanded bribe from the representatives of the firm during a meeting at the… Read more »
Ghana: Govt to Help Blue Skies Deal With Challenges Affecting Its Expansion
GhanaToday
President Nana Addo Dankwa Akufo-Addo has acknowledged the role Blue Skies Products (Ghana) Limited plays in driving economic growth and fostering environmental stewardship in… Read more »
Liberia: SDI Lauds Boakai for Brutal Stance Against Western Cluster
Liberian Observer
The Sustainable Development Institute (SDI) has lauded President Joseph Nyuma Boakai for his recent rebuke of Western Cluster Liberia Limited activities in the country--taking an… Read more »
Nigeria: CAC Directs POS Operators to Register Businesses
Premium Times
The action is supported by Section 863, Subsection 1 of the Companies and Allied Matters Act, CAMA 2020, as well as the 2013 CBN guidelines on agent banking Read more »
May 06
Kenya: Eritrean Cafe Struck Off List of Registered Companies in Kenya
Capital FM
Kesh Kesh Cafe Limited has been removed from the list of registered companies in Kenya. Read more »
May 03
Kenya: Whatsapp Edges Tiktok As Most Popular Social Media Site in Kenya
Capital FM
WhatsApp remains the most popular online platform in Kenya, leading with 22 percent of the market share, according to the latest report on the state of the media in the country… Read more »
May 01
Liberia: President Boakai Threatens Closure of Western Cluster Limited Over Road Damage and Broken Promises
FrontPageAfrica
Western Cluster Limited has fallen out of favor not only with the Senators of its operational counties, but also with the President, who has threatened to close the mining company… Read more »
Uganda: Chinese Factories Change Fortunes for Mbale Locals
Nile Post
The life of a number of Mbale locals has changed for the better, thanks to Chinese factories under in Sino-Uganda Mbale Industrial Park. Read more »
Kenya: Astrazeneca Joins Hands With Partners to Tackle Kenya's Cancer Burden
Capital FM
Global biopharmaceutical company AstraZeneca has joined hands with Kenya's Ministry of Health to tackle cancer problems facing the country through the unveiling of the Cancer Care… Read more »
Nigeria: MTN Posts N575bn Pre-Tax Loss in Q1, Blames Inflation, Naira Devaluation
Vanguard
MTN Nigeria Plc has reported a pre-tax loss of N575.69 billion in its operations for the first quarter of 2024, citing inflation and naira devaluation for the development. Read more »
Kenya: Mtek, Britam in a Deal to Cover Phones Against Theft
Capital FM
mTek and Britam have formed an alliance with Buy Simu to offer insurance for phones in Kenya and extend coverage for phone products in the country. Read more »
April 30
Namibia: Using the Value of Diamonds for Upliftment
New Era
TaTe Diamonds, an investment holding company headquartered in Windhoek, is on a mission to become a fully vertically-integrated Namibian-owned diamond company operating… Read more »
April 29
Namibia: Redforce Lodges Urgent Application
New Era
RedForce debt management company has lodged an urgent application in the High Court of Namibia, after the five-year debt-collecting contract they signed with the Walvis Bay… Read more »
Nigeria: Zenith Bank Shareholders Approve Holdco Structure [press release]
Premium Times
In his remarks during the EGM, the Founder and Chairman of Zenith Bank Plc, Jim Ovia, thanked the shareholders for their unwavering commitment, which has been instrumental in the… Read more »
Nigeria: Dangote Cement Export Increased By 87.2 Percent At 264kt in First Quarter
Vanguard
Management of Dangote Cement Plc has revealed that the company dispatched seven ships of clinker, from Nigeria to Ghana and Cameroon and that the export, for the first quarter of… Read more »
Africa: Lafarge Africa Unveils Watershield Cement to Boost Construction
Daily Trust
Lafarge Africa Plc., a leading innovative and sustainable building solutions company, has launched an innovative and first of its kind water resistant cement in Nigeria called… Read more »
April 28
Nigeria: Dangote's Next Job
Daily Trust
Alhaji Aliko Dangote, President of the Dangote Group and the man at the top of Forbes list of Africa's richest for as long as that list has existed does not need another job from… Read more »
April 26
Nigeria: I Have Power to Direct NCAA to Suspend Dana Air, Keyamo Insists
Daily Trust
Festus Keyamo, Minister of Aviation and Aerospace Development, has insisted that he has power to direct the Nigeria Civil Aviation Authority (NCAA) to suspend airlines. Read more »
April 25
South Africa: Social Security Agency Workers Busted in Grant Fraud Scheme - South African News Briefs - April 25, 2024
allAfrica
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Congo-Kinshasa: DR Congo Accuses Apple of Using 'Blood Minerals' From War-Torn East
RFI
The government of the Democratic Republic of Congo is accusing Apple of using "illegally exploited" minerals extracted from the country's embattled east in its products, lawyers… Read more »
Nigeria: 140-Yr-Old Pz Cussons Considers Leaving Africa Over Nigeria's Sales Plunge
Leadership
There are indications that PZ Cussons Plc may leave Africa after sales plunged in its Nigeria operation. Read more »
Namibia: Vivo Awards Shell Service Stations for Performance, Customer Service and Safety
Namibia Economist
Operators and owners of Shell Service Station were recently rewarded when the local distributor, Vivo Energy Namibia awarded Omega Service Station as the best station of the year.… Read more »