April 17
Zimbabwe: Seed Co Assures Nation of Adequate Seed Next Season
The Herald
Seed Co Zimbabwe has moved to smother the impact of the prevailing El Nino-induced drought on seed stocks by combining reserves from last season with the 2023/24 output to curtail… Read more »
Zimbabwe: Auction Floors' Average Price Reaches U.S.$3,66 to Dwarf Contract Side
The Herald
After both auction and contract tobacco floors recorded an average price of US$3, 09 per kilogramme on Day 1 of trading, the average auction price has now risen four percent higher… Read more »
Zimbabwe: Herald Continues to Rule the Roost
The Herald
The Herald continues to be the most read daily newspaper in the country, results from the latest Zimbabwe All Media Products Survey (ZAMPS) reveal. Read more »
April 15
Kenya: South African-Based Fashion Brand Foschini Group Exits Kenya
Capital FM
Foschini Group Kenya, a South African-based fashion brand, has announced its exit from the Kenyan market after appointing new liquidators to take over its establishments. Read more »
April 14
Nigeria: Nipcogas Crashes CNG Price to N200/Scm, Unveils Stations in Lagos
Leadership
NIPCO GAS is about to promote the use of Compressed Natural Gas, CNG, as alternative to Premium Motor Spirit, PMS also called petrol in the commercial city of Lagos after it has… Read more »
April 13
Nigeria: New Tariff - Nerc Increases Ikeja Disco's Band a Feeders By 66.7 Percent to 85
Vanguard
The Nigerian Electricity Regulatory Commission, NERC, weekend, approved the increase of Band A feeders in Mainland Lagos by 66.7 per cent to 85, from the initial 51. Read more »
Nigeria: Ikeja Electric Announces Additional Band a Feeders
Premium Times
The company said the additional feeder brings its total from 51 to 85 Read more »
April 10
Nigeria: Fy 2023 - UBA Records N608bn Profit, Shareholders' Funds Hits N2.0tn
Daily Trust
United Bank for Africa (UBA) Plc, has released its audited financial results for the full year ended December 31, 2023, showing profit after tax (PAT) grew by 257 per cent from… Read more »
April 09
Liberia: Pres. Boakai Assures Arcelormittal Executive Chairman Lakshmi Mittal of Commitment to Sign Amended Mda
FrontPageAfrica
President Joseph Nyuma Boakai has expressed his administration's commitment to signing the amended ArcelorMittal Mineral Development Agreement that has stalled in the corridors of… Read more »
Ghana: Itel Unveils S24 - A Groundbreaking Smartphone Redefining Exceptional Value With 108mp Super Definition Camera
Ghanaian Times
itel, the renowned brand dedicated to offering affordable and high-quality consumer electronics, is excited to introduce its latest breakthrough smartphone to the Ghanaian market -… Read more »
April 08
Kenya: KQ to Change Airbus Lease From Wet to Damp, With Training of Crew
Business Day Africa
Kenya Airways (KQ) has commenced training sessions for its cabin crew, aiming to replace the current staff provided under the Airbus wet lease agreement. Read more »
Nigeria: Alscon - Court Acquits Alex Okoh, Ex-BPE DG of Contempt Charges in BPE, Bfig Tussle
Daily Trust
Mr Alex Okoh, the former Director-General of the Bureau of Public Enterprises (BPE), has been acquitted of contempt charges in a legal dispute between BPE and BFIG, over the… Read more »
South Africa: Shoprite Joins Group of Retailers Revamping Retail On a Global Scale [analysis]
Daily Maverick
The W23 Global fund will pump $125m into start-ups aimed at addressing sustainability and transforming grocery retail. Read more »
April 07
Nigeria: Exclusive - How Multichoice Nigeria Was Defrauded of N7.9 Billion
Premium Times
According to Mr Giwa, he acted on Multichoice Nigeria's behalf in arranging with JNFX, under 10 Multichoice contracts, for the exchange of Naira into dollars. Read more »
Ethiopia: Ethio - Engineering Group Set to Assemble Electric Vehicles
Ethiopian Herald
- Ethio-Engineering Group will shift to assemble electric vehicles and machines soon, Deputy Prime Minister Temesgen Tiruneh said, expressing the government's relentless support. Read more »
April 05
Liberia: AML Workers Union Leadership Sworn in
New Republic
When you are making decisions, be mindful that you are not making decisions only in the interest of the employees; you're making decisions in the interest of the management as… Read more »
April 04
Nigeria: Failure to Arraign Binance Officials in Tax Evasion, Money Laundering Cases
Premium Times
Binance and its two officials - Tigran Gambaryan and Nadeem Anjarwalla - were scheduled to be arraigned before the Federal High Court in Abuja on five counts of money laundering… Read more »
Africa: Standard Chartered, Old Mutual Fintech Arms to Launch UAE Wealth Management Platform
Daily Maverick
The new wealth platform will be headquartered in the UAE, the Middle East's financial hub, providing access to advanced budgeting, savings and investment solutions for users in the… Read more »
Zimbabwe: Geo Pomona, Ghanaian Firm Exchange Notes
The Herald
A delegation from Geo Pomona Waste Management company has flown to Ghana to exchange notes with another waste management firm, Jospong Group, with a focus on sharing best… Read more »
Liberia: House Hammers BMMC Over MDA Violations
Liberian Observer
The House of Representatives has endorsed a 10-count recommendation of the Specialized Committee regarding massive violations of the Mineral Development Agreement (MDA) by Bea… Read more »
Rwanda: Ecobank Registers Rwf7.6 Billion Net Profit in 2023
New Times
Ecobank Rwanda recorded Rwf7.6 billion net profit in 2023, representing a 240 percent increase from Rwf2.2 billion recorded in 2022. Read more »
South Africa: Markus Jooste's Steinhoff Was a Horrific, High-Profile Example of Corporate Capture [opinion]
Daily Maverick
Steinhoff is corporate South Africa's handmaid to State Capture. They share the same DNA -- people who knew better and could have done something chose silence. Read more »
Liberia: Apm Terminals Liberia Lights Up Bright Star Orphanage
Liberian Observer
APM Terminals Liberia proudly announces the completion and dedication of a newly constructed kitchen at the Bright Star Orphanage in Sackie Town, Todee District, in collaboration… Read more »
Uganda: NCBA Monthly Mug Challenge Set for Namulonge
Independent (Kampala)
NCBA Bank will sponsor the Monthly Mug challenge at the MaryLouise Simkins Memorial Golf Club in Namulonge. The NCBA Monthly Mug tournament is scheduled to take place on April 27,… Read more »
Nigeria: Stanbicibtc Declares N2.20 Dividend to Shareholders
Vanguard
StanbicIBTC Nigeria has declared to pay its shareholders a final dividend of N2.20 per ordinary share of 50k each, totaling N28.51 billion for the period ended Dec. 31, 2023. Read more »