Business RoundUp - Page 9

ORAMAH: My priority is to transform the African export sector. The idea of just saying ‘process raw materials’ is not the solution; starting from the markets, you will find the right solution

Hong Kong listed Shanghai Zendai on Tuesday launched the first phase of an 87 billion rand ($6.4 billion) new city project in Modderfontein New Town, northeast of Johannesburg, South Africa, known as

Volkswagen Chief Executive Martin Winterkorn resigned on Wednesday, taking responsibility for the German carmaker's rigging of U.S. emissions tests.

Obinna Ekezie is the founder of Wakanow.com, one of the fastest growing and largest internet travel sites in Africa; Ekezie is also an Entrepreneur of the Year Finalist at the 2015 All

Nigeria's central bank kept its benchmark interest rate on hold at 13 percent on Tuesday but loosened monetary policy by cutting banks' cash reserve ratio to 25 percent to ease liquidity shortages,

An amount of 3.4 billion Kenyan shillings worth of unclaimed assets has been collected by the UFAA in Kenya. The Unclaimed Financial Assets Authority (UFAA) started operations in March 2013 with the

Late on Tuesday, news broke that JP Morgan ejected Nigeria from its Government Bond Index-Emerging Markets (GBI-EM). Justifying its decision, the investment bank stated: “Investors who track the GBI-EM series continue to

South Africa would get a much better return on its energy investments if it planned a smarter and more flexible electricity grid, Institute for Security Studies (ISS) researcher Steve Hedden said on

The Board of SABMiller notes the recent press speculation and confirms that Anheuser-Busch InBev SA/NV (“ABInBev”) has informed SABMiller that it intends to make a proposal to acquire SABMiller.