Business

News : Business

Nigeria: 24 Hours to Go - Govs Mount Pressure On Labour to Shelve Strike

[Leadership] Barely 24 hours to deadline, governors of the 36 states of the federation yesterday mounted pressure on organised labour to resolve the impasse occasioned by the threat to embark on strike tomorrow, if the federal government refuses to rescind the recent decision to increase the pump price of Premium Motor Spirit (PMS), otherwise known as petrol, and electricity tariff. (AllAfrica)


Africa: The Continent Must Address Its Debt Burden Once the Pandemic Is Under Control

[Africa Renewal] -- says World Bank Vice President (AllAfrica)


Africa: Why Covid Makes Internet Access More Urgent Than Ever

[Thomson Reuters Foundation] Progress on making the internet accessible has been far too slow, with just over half the world connected today (AllAfrica)


Africa: Opinion - the Smart Money Is Heading Toward Stronger Climate Action

[Thomson Reuters Foundation] With climate-smart investments outperforming their rivals, now's the time for companies to step up María Mendiluce is CEO of the We Mean Business coalition. (AllAfrica)


Africa: Intercontinental Energy Forum to Discuss Post-Covid Challenges

[IPS] Mexico City -- The economic recovery after the covid-19 pandemic, renewable energy, the gas situation, regulations and investment; mobility and transport, as well as new technologies and the progress of the Paris Agreement will be discussed at the Madrid Energy Conference from 28 September to 2 October. (AllAfrica)


Somalia: Somalia Observes Maritime Sector Role in Post-Covid-19 Economic Recovery

[Dalsan Radio] With its key location along main international shipping routes and 3,300 kilometres of coastline, Somalia's potential as a key maritime player came to the fore recently as it marked World Maritime Day. (AllAfrica)


Kenya: Disaster in Waiting At Nandi's Karebe Mines

[Nation] If everything had gone as planned, Karebe Gold Mine, which is the largest of its kind in Kenya, could be part of the country's efforts to jump-start its limping mining sector. (AllAfrica)


Zimbabwe: Zimplow Seeks New Acquisitions, Diversification

[Zimbabwe Standard] FARMING implement manufacturer Zimplow Limited is offering to acquire 100% ownership in Scanlink (Private) Limited, Tredcor Zimbabwe (Private) Limited and Birmingham Investments (Private) Limited to diversify its products and services. (AllAfrica)


Nigeria: FG Mulling Auto-Gas As Alternative to Petrol - Osinbajo

[Premium Times] Mr Osinbajo says there is no plan to increase taxes. (AllAfrica)


Africa: Circular Economy - Moving Africa Towards Environmental Sustainability

[ISS] For Africa, the impact of COVID-19 has made thinking about the future more important than ever. Recent analysis by the African Futures and Innovation team at the Institute for Security Studies forecasts that the pandemic is set to undo several years of development progress on the continent. At the same time, COVID-19 has raised questions about how prepared we are for future disasters, especially those linked to climate change. (AllAfrica)


Kenya: Kenya Among Countries Most Prone to Cyber Attacks, Kaspersky Report Shows

[Nairobi News] Kenya among countries that faced more malware attacks in the continent so far this, and remains among the most affected by cyber attacks, according to research from Kaspersky. (AllAfrica)


Kenya: Rita Kavashe - Shattering Stereotypes in the World of Vehicles

[East African] For a long time, vehicles have largely been the domain of men. (AllAfrica)


Namibia: Aspiring Coders Get a Playground

[Namibian] TECH enthusiasts and coders can now benefit from a physical space with equipment enabling them to conduct their business efficiently. (AllAfrica)


Nigeria: 13 States Technically Insolvent, Debts Rise 163%

[Vanguard] Thirteen States in Nigeria may have become technically insolvent as an independent research report indicated they failed fiscal sustainability test. (AllAfrica)


Sudan: IMF Approves $1.5 Billion in Annual Development Grants for Sudan

[Radio Dabanga] Khartoum -- The Executive Board of the International Monetary Fund approved an agreement concluded between the Government of Sudan and the Fund yesterday, which will pave the way for solving economic difficulties in Sudan. (AllAfrica)


South Africa: Nehawu Free State Disappointed By Utterances Made By Minister Employment and Labour

[COSATU] The National Education, Health and Allied Workers' Union [NEHAWU] in Free State notes with disappointment the utterances made by the Minister of Employment and Labour, Thulas Nxesi, in a media statement dated September 23, 2020. (AllAfrica)


South Africa: Dear Careless Restaurateur - Screw You and Your Stairs

[Daily Maverick] When you have mobility issues, the message from most eateries is clear: you're not wanted here. (AllAfrica)


Nigeria: Manufacturing Sector Activities Down 5th Consecutive Month

[Vanguard] Activities in Nigeria's manufacturing sector experienced its fifth consecutive monthly decline, standing at 46.9 index points in September 2020 due to decline in business activities during the period. (AllAfrica)


Namibia: Covid-19's Scar On Economy

[Namibian] ECONOMIC activities in Namibia between April and June this year decreased by around N$4 billion when compared to last year - an 11,1% shrinkage and the worst ever. (AllAfrica)


Kenya: National Potato Council Signs New Deal to Benefit Farmers

[Capital FM] Nairobi -- Smallholder potato farmers in Kenya stand to increase their yields significantly following the announcement of a collaboration between Corteva Agriscience and the National Potato Council of Kenya. (AllAfrica)


Kenya: Foreign Affairs Ministry Pledges to Work Closely With Konza to Attract Investors

[Capital FM] Nairobi -- Cabinet Secretary in the Ministry of Foreign Affairs, Amb Raychelle Omamo has said her ministry will work closely with the Konza Technopolis Development Authority (KoTDA) to attract investors and investment into the project. (AllAfrica)


Nigeria: Hope Rises for Domestic Airlines On Aircraft Leasing

[This Day] Nigerian airlines may soon begin to lease aircraft without high insurance premium and rigid, outrageous leasing rates, as the federal government has stepped in to rebuild relationship between airlines and lessors. (AllAfrica)


Kenya: National Assembly Fails to Overturn Kenyatta Memo on Ex-MPs' Pension

[Nation] The National Assembly once again failed to overturn President Uhuru Kenyatta's memorandum on the Parliamentary Pensions (Amendment) Bill, 2019 that rejected an enhancement of former lawmakers' retirement benefits. (AllAfrica)


Kenya: Kisumu Port Project Shrouded in a Pall of Secrecy, Uncertainty

[Nation] When President Kenyatta visited Kisumu last month, one would have expected him to be received by Governor Anyang Nyong'o and other top national government and county officials. (AllAfrica)


Nigeria: Nigerian Oil, Gas Suppliers Lament N320bn Loss, Back Deregulation

[This Day] Abuja -- The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) yesterday bemoaned its huge losses to the tune of N320 billion as a result of the control of the prices of products by the federal government. (AllAfrica)


Africa: Password Education Should Be Age-Appropriate - Here's How

[The Conversation Africa] Children are increasingly being exposed to, and using, technology from a very young age. This has never been more true than in 2020 when the vast majority of children worldwide have used online resources to access educational resources and communicate with family and friends during the COVID-19 pandemic. (AllAfrica)


Nigeria: N5.39 Trillion Debt Blocks States From Capital Market Borrowing - Report

[This Day] With a total debt burden of N5.39 trillion as at the end of December 2019, the 36 states of the federation are no longer eligible to borrow from the capital market, a new report, has said. (AllAfrica)


Nigeria: Govt to Shut Down Bonded Terminals Over Illegal Charges, Inefficiency

[This Day] The federal government has called on all bonded terminals in the country to desist from charging shippers and freight forwarders illegal fees and improve on efficient delivery and management of cargo or face total shutdown. (AllAfrica)


Nigeria: NIMASA Partners Public Service Reform Bureau On Change Initiatives

[This Day] The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, has emphasised the importance of efficient and effective public service to Nigeria's economic prosperity. (AllAfrica)


Africa: Everything You Need to Know About Pushing for Equal Pay

[UN Women] Workers around the world look forward to payday. A paycheck may bring a sense of relief, satisfaction, or joy, but it can also represent an injustice-an expression of persistent inequalities between men and women in the workplace. (AllAfrica)


I&M to buy 90pc stake in Uganda’s Orient

The deal will add to its regional banking operations comprising Kenya, Rwanda, Tanzania and Mauritius. (Business Daily Africa)