Business RoundUp
5 Jun 2015
Kenya’s president has picked an IMF adviser, Patrick Ngugi Njoroge, as the next central bank governor, pending approval by parliament, his spokesman said on Tuesday.
5 Jun 2015
There is a call on government to apply a renewed focus to strike a fiscal balance and sustainability in order to reduce the cost of delivery.
5 Jun 2015
‘90% of Nigerian businesses are SMEs’. This is according to the recent research compiled by IHS Holdings and the Economist Intelligence Unit on the state of Small and Medium scale Enterprises in Nigeria, CNBC Africa caught up with Issam Darwish, CEO and Founder of IHS Holdings Limited at the on-going World Economic Forum in Capetown, South Africa.
5 Jun 2015
Paul Kagame’s Rwandan administration has been hailed for its performance under the policy support instrument (PSI).
5 Jun 2015
South Africa’s rand steadied against the dollar early on Wednesday after the central bank said a domestic interest rate cut was unlikely and hopes for progress in Greek debt talks boosted sentiment.
5 Jun 2015
The concerns of human trafficking acting as a driving force for South Africa’s new immigration regulations are said to ‘defy understanding in the context of economic growth’.
Latest
8 mins ago
The United Arab Emirates has withdrawn from a US-led maritime coalition tasked with securing tense Gulf waterways that are vital to the global oil trade, it said Wednesday. The UAE "withdrew its participation" in the 38-nation Combined Maritime Forces two months ago, a foreign ministry statement said, without giving reasons for the move. "As a…
15 mins ago
Popular Tiktok musician, Crown Uzama (aka ShalliPopi), and his manager, Ajayi Abdul Hafeez (aka 21 Badda), have been arrested by the Kaduna Zonal Command of the Economic and Financial Crimes Commission (EFCC) for their alleged involvement in internet fraud. EFCC posted these on their official twitter handle a few hours ago after the raid. https://twitter.com/officialEFCC/status/1663609066470486016?t=VDBdlFbUnh7t4uN9OILyCg&s=19…
15 mins ago
Dutch prosecutors announced that Quincy Promes, the Dutch forward for Spartak Moscow, is facing charges in the Netherlands for his alleged participation in drug trafficking. According to prosecutors, the 31-year-old former international player is suspected of being involved in smuggling 1,360 kilos of cocaine into the Netherlands or Belgium in two separate shipments during 2020.…
17 mins ago
French President Emmanuel Macron on Wednesday said Kosovo officials bore "responsibility" following clashes this week over local election results that left more than 80 people injured. "It is very clear that Kosovar authorities bear responsibility for the current situation and there is non-compliance with an agreement that was nevertheless important, and which was secured just…
23 mins ago
A former Kaduna Central senator, Shehu Sani, has slammed the immediate past governor of Kaduna State, Nasir El-Rufai, over the debt he left behind for his successor, Senator Uba Sani. Sani in a tweet on Wednesday also dared El-Rufai to make public his assets by publishing the content of the form he submitted at the…