COVID-19: With borders closed, South Africa pins hopes on cash-strapped local tourists
CAPE TOWN: Lisa Krohn's Ashanti Lodge in Cape Town - normally abuzz with backpackers from around the world - today sits largely empty, a sign of how...
Month : August 2020
60 Stranded Nigerian Women Living In Crowded Homes In Saudi Arabia Seek Help To Return Home
Scores of Nigerian women in Jeddah, Saudi Arabia, are seeking assistance to return home.The women currently live in four overcrowded homes in the city, SaharaReporters gathered....
Warren Buffett turns 90th today. Here are 5 of the legendary investor’s best birthday stories.
Warren Buffett's 90th birthday is on Sunday. The billionaire investor and Berkshire Hathaway CEO has a lot to celebrate, including his lucrative Apple bet, charity...
FTSE 100 falls ahead of crucial Jerome Powell speech – business live
Rolling live coverage of business, economics and financial markets as investors anticipate new approach to inflationStock markets move lower ahead of Jackson Hole speechRolls-Royce loses...
Apple CEO Tim Cook hits billionaire status
Apple chief executive Tim Cook has joined the billionaire's club, according to analysis by Bloomberg. Cook's net worth reflects a mix of the salary he's...
Buhari signs instrument approving African Trade Insurance Agency
President Muhammadu Buhari has signed the instrument of accession of the agreement for the establishment of the African Trade Insurance Agency. The Agreement and the...
Africa’s largest telecoms firm, MTN, to divest from its Middle East operations
The Management of Africa’s largest cement producer, Dangote Cement Plc (DCP), disclosed during a virtual event yesterday, that the cement producer is set to commence clinker export to other...
If we want to transform African economies, we must look beyond relying on governments
For decades, African leaders have envisioned a prosperous future for their nations. And yet, these visions have not been realized. And now, as African governments...
Negative US interest rates ‘are still possible’ as Treasury yields hit record-low, DataTrek says
Sinking US Treasury yields signal that negative interest rates in the US "are still possible," according to a note from DataTrek published on Monday. While...
Tokunboh Ishmael: Pragmatic thesis of an African impact investor
Every time an investor backs a new company, they hope the company provides higher returns in the future. Every investor wants this. But some want...