Business / Economics

Using your phone at work can help to balance your home life – new research

Jacob Lund/Shutterstock Eoin Whelan, University of Galway You might not think twice about using your phone while you’re at work. Maybe you need to send a quick message to a family member or a friend, or catch up on the news. Then there’s that dental appointment which needs to be booked – and while you’re at it, you may as well get the online grocery shopping done. It’s all very […]

January 10, 2024 4

Business / Economics

Trends for African telcos in 2024

By Louis Avenant, Senior Project Manager at Itemate Solutions Customer experience, efficiency to drive growth of Africa's telco sector this year Africa's vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings to meet the needs of an increasingly digital-savvy customer base. Industry projections estimate the Africa telco sector will grow by $2.24-billion between 2020 and 2024, with longer-term growth expected […]

January 10, 2024 8

Business / Economics

Competition Appeals Court deals blow to South African rand manipulation case

The South African Competition Commission’s rand-rigging case has been dealt a massive blow, as the Competition Appeals Court dismissed 23 of the 28 implicated commercial banks, saying the commission lacked enough evidence to support its claim of a conspiracy to manipulate the rand-dollar exchange rates between 2007 and 2013. However, Investec, JPMorgan Chase, HSBC, BNP Paribas, and Credit Suisse still face potential prosecution. Separately, Moneyweb reports that Standard Bank has […]

January 9, 2024 11

Africa

BlueInvest Africa 2024: Calling African Entrepreneurs

BlueInvest Africa is calling for African entrepreneurs eager to venture into the blue economy. Thirty outstanding projects will be handpicked for presentation to a panel of investors at the second edition of BlueInvest Africa, scheduled to take place in Kenya on 3 and 4 July 2024. The deadline for applications is 26 January 2024. BlueInvest Africa 2024 marks the second edition of this important business event, initiated by the […]

January 9, 2024 25

Africa

Scramble for the Sahel – why France, Russia, China and the United States are interested in the region

By Olayinka Ajala, Leeds Beckett University The Sahel, a region 3,860km wide located south of the Sahara Desert and stretching east-west across the African continent, has been a focus of attention around the world recently. In the last decade, issues such as terrorism, insecurity and trafficking have characterised the region. Military takeovers have been a major source of concern in the region and beyond in the last few years. […]

January 9, 2024 3

Business / Economics

MORNING BIZ NEWS

Poultry Producers Gear Up for International Expansion Amidst Avian Influenza Concerns Domestic poultry producers are eyeing expanded market horizons as they set their sights on exporting chicken and eggs to South Africa and Europe. The Poultry Producers’ Association has validated this strategic move, citing the recent Avian Influenza outbreak as a significant catalyst behind this pivotal decision. Leveraging the surge in demand and potential market opportunities, producers are actively preparing […]

January 9, 2024 5

Africa

Botswana’s Peggy Serame named Finance Minister of the Year 2024

Botswana’s government has congratulated Peggy Serame for being awarded Finance Minister of the Year for Africa 2024 by The Banker Magazine. The magazine, which is a Financial Times Publication based in London, was first published in January 1926, to provide economic and financial intelligence for the world’s financial sector, over a broad spectrum of issues. According to The Banker, commonly held up as one of Africa’s success stories, economic growth […]

January 8, 2024 116

Business / Economics

Transnet confirms no container vessels at SA ports as shipping lines divert

South Africa’s Transnet has confirmed that no container vessels are expected to anchor at SA ports, despite major shipping lines rerouting their vessels via the Cape of Good Hope route due to rebel attacks in the Red Sea region. According to CNN, some 100 ships have been attacked in the last month—about 15 percent of world shipping traffic transits via the Suez Canal.

December 21, 2023 27

Africa

Isabel dos Santos loses legal battle as court freezes assets

Billionaire Isabel dos Santos, the daughter of former Angolan president Jose Eduardo dos Santos, on Wednesday lost her fight against an application to freeze up to $735 million of her assets. The AFP news agency reports that Dos Santos was sued by Unitel, a telecoms operator in Angola. The company had asked London's High Court to grant a worldwide freezing order over the assets at a hearing last month.

December 21, 2023 109