Africa

SARS Claims Clothing Stores Evade Tax Hikes in South Africa, Accusing Them of Taking Advantage of Peculiar Taxing System

SARS claims that clothing stores are evading the tax hikes in South Africa. Officials explained how clothing brands are possibly doing it.


Google Launches Umoja Fiber Optic Cable Connecting Australia with Africa

Google has unveiled Umoja, its fiber optic cable directly connecting Australia with Africa, with the terrestrial portion of the route from Kenya to South Africa already complete...

Canon's Photos That Blind People Can See To Be Showcased in Africa—How Is This Possible?

Canon's photos that blind people can see will soon be showcased in Africa. Here's how the camera maker made it possible...

Kenyan President William Ruto Considers Crypto Mining to Power Energy Sector Growth

President William Ruto revealed ongoing discussions with companies such as Marathon Digital, signaling a possible transformation in Kenya's economic terrain...


Latest News

Angola Seeks IMF Help as Oil Price Hit The Economy
The second largest oil producer in Africa will start negotiate with IMF next week for a bailout program. Continuous drop of oil price hit Angola economy after years of prosperity from oil production.
Nigeria's Ntel Seeks $1 Billion Investment for 4G LTE Service Expansion
Ntel is seeking $1 billion loan investment for its 4G mobile broadband expansion for 2020 to take advantage of the increasing number of smartphone users in Africa. It will start its 4G LTE service to
Kerry Announces $600 Million Development Fund For Nigeria, Agrees Forming Working Groups
The US has halted all sorts of cooperation to Nigeria on the allegation of human rights abuse and corruption by Nigerian army during the regime of Goodluck Jonathan. But under the leadership of Presid
Egypt Unveils Special Economic Program To Attract Foreign Investment
Last week, the Bank of Egypt has increased its benchmark rates following a devaluation of local currency by 10%. The moves are believed to be parts of measures taken by the government to address the s
Hawaii Ivory Trade Will Soon Be Banned
Hawaii lawmakers are seeking to pass the bill on ivory trade ban. Thousands of African elephants and rhinoceros are being slaughtered because of their tusks and horns. Smugglers see Hawaii as their g
Bank of Egypt Mulling For Tougher Foreign Exchange Regulations Cracking Down The Black Market
A black market for dollars has absorbed liquidity from the Egyptian banking system over stressing country’s foreign reserves. Egyptian pound has been weekend ignoring several steps adopted by CBE. Fin
Solar Power, South Africa's Answer to Energy Crisis
South Africa's energy crisis will now be answered by the launching of the largest solar farm built in Northen Cape. It could generate power that could supply electricity from renewable energy to 75,0
Facebook sees growth in Asia despite India's ban on Free Basics
Facebook Inc is bullish on Asian market potential. Recently, Facebook's Free Basics service has been banned by Telecom Regulatory Authority of India (Trai). Despite this jolt, Facebook is still optimi
Fastjet Bows To Founder’s Call Removing CEO And General Counsel With Immediate Effect
Fastjet founder Stelios Haji-Ioannou has called for removing its CEO and suggested for other restructuring. Though the African budget carrier has decided for keeping the CEO as an advisor for another
Ivory Coast President Said Al-Qaeda Terror Attack Wouldn’t Impede With The Country’s Economic Progress
In the wake of the Al-Qaeda attack on a beach resort in Ivory Coast, the country’s president has tighten the security measures across the nation. Ivory Coast is striving to improve its economy, especi
1 2 3 4 5 6 7 8 9 10  next page
Real Time Analytics