Kenyan Government Signs Milestone Crude Processing Deal With Oil Firms
26/06/2019The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000 barrels per.
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Tanzania’s Central Bank Cuts Reserve Proportion To Boost Lending
11/06/2019Tanzania’s central bank cut the proportion of deposits banks are required to maintain as reserves 7% from 8%, effective July 1, in.
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Business & Economy
Life Healthcare Posts 2.2% Rise In H1 Profit
31/05/2019South Africa’s Life Healthcare posted a slim 2.2% rise in first-half normalised core profit, reflecting lower activity amid a tepid first quarter.
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Business & Economy
Tanzania To Export 700,000 Tonnes Of Maize
31/05/2019Tanzania will export 700,000 tonnes of maize to Zimbabwe after an El Nino-induced drought wilted crops, Tanzania’s president said, adding that he.
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Business & Economy
MTN To Build Financial Services Market Place
29/05/2019South Africa’s MTN on Tuesday revealed plans to build a “market place” app where customers will be able to buy everything from.
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Business & Economy
Airtel Considers Stock Market Floatation In London
29/05/2019Airtel Africa Ltd, a subsidiary of Indian telecoms group Bharti Airtel Ltd , is considering a stock market flotation in London, it.
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Business & Economy
Buhari Signs 8.9 Trillion Naira Budget
27/05/2019Nigeria’s President, Muhammadu Buhari, has signed an 8.9 trillion naira ($29 billion) budget for 2019 into law on Monday. Approved by lawmakers.
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Business & Economy
InBev Expects A Growth In Nigerian Investment
24/05/2019Anheuser-Busch InBev (AB InBev), the world’s largest beer maker, expects the total investment in its new brewery at Sagamu in Nigeria, to.
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Business & Economy
Collymore To Stay Put At Safaricom
24/05/2019Kenya’s biggest telecoms operator, Safaricom, has announced that its chief executive, Bob Collymore, will stay on in his role for an extra.
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Business & Economy
BP Nears Completion Of Sale Of Its Oil Asset
24/05/2019Oil giant BP is on the verge of completing the sale of its stake in a major Egyptian oil and gas company.
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