May 17
Nigeria: Emirates Returns to Nigeria After 25 Months
Daily Trust
Visa ban remains Read more »
Zimbabwe: Mashhold Pomona Project At Halfway Stage
The Herald
Listed property firm, Mashonaland Holdings (MashHold) has reached the half way stage in the development of its mega project, the Pomona Wholesale Centre, ahead of targeted… Read more »
May 16
Namibia: Another Menzies Supreme Court Defeat
New Era
The protracted legal battle of Menzies Aviation to get back the multi-million-dollar ground handling tender that Namibia Airports Company (NAC) awarded to a joint venture between… Read more »
May 15
Namibia: De Beers Operations Safe Amid Separation, Parent Company Says
Namibian
De Beers operations in Namibia will not be affected by the planned separation from its parent company, Anglo American. Read more »
Zimbabwe: AFDIS Records One Percent Growth As Cheap Imports Floods Market
New Zimbabwe
WINES, spirits and ciders maker, African Distillers Limited (AfDIS) has bemoaned the influx of cheaper imports which have seen sales volumes plummet to 1%. Read more »
Nigeria: Nigerian Regulator Accuses MTN MD of Evading Court Service
Premium Times
"We sent our officers to the MTN office in Lagos to serve them but we were denied access." Read more »
Nigeria: NCC Accuses MTN CEO of Evading Service of Court Process
Leadership
The chief executive officer of MTN Nigeria, Karl Toriola, has been accused of evading service in a copyright infringement case. Read more »
Nigeria: South Energx - Realignment of Lagos-Calabar Coastal Road Consumes Eko Atlantic Land, N87bn Lost
This Day
South Energyx Nigeria Ltd., owner of the Eko Atlantic City in Lagos, is bemoaning the loss of about N87 billion, an estimated cost of the reclamation/sand filling it did, to the… Read more »
Zimbabwe: Appropriate Mortgage Loans Needed to Grow Real Estate - Westprop
The Herald
WestProp Holdings Limited says local banks and the Government should work on mechanisms to drive the provision of mortgage facilities and provision of "formal funding" channels to… Read more »
May 14
Uganda: MTN Uganda's Q1 Net Profit Jumps to Shs150.0 Billion
Independent (Kampala)
MTN Uganda net profit for the first three months to March rose 24% to Shs150bn driven by solid growth in its voice, data and fintech business segments. Read more »
Nigeria: NNPC Ltd/First E&p Joint Venture Launches 'Impact First' Initiative, Donates Over N50m to NGOs [press release]
Premium Times
The 'Impact FIRST' programme is designed to provide much needed support to NGOs that are addressing critical issues ranging from healthcare access, education access, poverty… Read more »
Kenya: Following Hami - Ferrari Recruit d'Ambrosio and Serra From Mercedes
Capital FM
Ferrari have made two high-profile recruitments from Mercedes. Read more »
West Africa: Haithem Debbiche Appointed Managing Director of Tetra Pak West Africa
Daily Trust
Tetra Pak announces the appointment of Haithem Debbiche as the new Managing Director for West Africa. Read more »
Nigeria: One Week After Tariff Reduction, Discos Still Charge Old Rates
Daily Trust
A week after the Nigerian Electricity Regulatory Commission (NERC) announced the reduction of electricity tariff for band A customers to N206 per kilowatt hour from N225, customers… Read more »
Zimbabwe: Investor Confidence in Zim Continues to Grow . . . As Hyatt Regency Hotel Brand Enters Local Tourism Sector
The Herald
Herald Reporter Read more »
Zimbabwe: New Products Drive Fidelity Life Revenue
The Herald
Fidelity Life Assurance (FLA) insurance contract revenue grew by 243 percent in 2023 to $116,6 billion compared to $34,1 billion in the prior year, driven by uptake of new… Read more »
May 13
Seychelles: India's Indigo Airline to Offer Flights to Seychelles in October
Seychelles News Agency
IndiGo, one of the fastest growing air carriers from India, intends to launch flights to Seychelles in October 2024, according to the Seychelles Civil Aviation Authority (SCAA). Read more »
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 »