News : Company

Morocco: Covid-19 Vaccine - Agreements Signed With Two Laboratories - Head of Govt.

[MAP] Rabat -- The agreements signed between Morocco and two laboratories will make it possible to benefit from Covid-19 vaccines at the end of clinical trials, Head of government Sad Dine El Otmani said on Thursday. (AllAfrica)

Namibia: Navachab Mine Sets Up Quarantine Facility

[Namibian] QKR Navachab gold mine on Wednesday inaugurated a four-bed quarantine facility for its employees and their family members. (AllAfrica)

Nigeria: Crisis in Cellulant Nigeria Limited As Co-Founder Resigns, Over 35 Staff Sacked

[Vanguard] Crisis in Nigeria-based FinTech company, Cellulant Nigeria Limited, deepens as the co-founder, Bolaji Akinboro, resigned his position as the CEO and co-group CEO. (AllAfrica)

Kenya: Crown Paints Invests Sh10 Million in Mombasa Showrooms to Grow Market Share

[Capital FM] Nairobi -- Paint manufacturer Crown Paints Kenya has invested Sh10 million in two new showrooms in Mombasa County as part of its strategy to create jobs for locals as it continues to strengthen its position by growing its market share at the coastal region. (AllAfrica)

Nigeria: Firstbank Appoints Muoyo Non-Executive Director

[This Day] First Bank of Nigeria Limited has announced the appointment of Mrs. Oluwande Muoyo as a Non-Executive Director. Muoyo joined the board of First Bank from FBN Holdings Plc., the parent company of First Bank of Nigeria Limited. (AllAfrica)

Africa: Zeroavia Completes World First Hydrogen-Electric Passenger Plane Flight

[PR Newswire] London -- - Leading innovator in the decarbonisation of aviation makes major breakthrough with first hydrogen fuel cell flight of a commercial-size aircraft (AllAfrica)

Namibia: Pension Fund Investment Manager in Hot Water

[Namibian] Investment company Baobab Capital - tasked with managing N$140 million in pensioners' money - is on the verge of being shut down over alleged financial irregularities. (AllAfrica)

Zimbabwe: Zim's Voice Network Traffic Declines By 28%

[New Zimbabwe] TOTAL fixed voice traffic registered a 28 % decline as corporate companies adopted data-based communications that have seen most work being done from home; the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has reported. (AllAfrica)

Namibia: Multichoice Selects Dpo Group As Digital Payments Partner

[New Era] MultiChoice Namibia has confirmed a strategic partnership with leading African payment service provider, DPO Group, to enable effortless payments for DStv and GOtv customers in Namibia via their integrated solutions. The integration is expected to improve the accessibility and convenience for MultiChoice's customers throughout the country, allowing them to pay for subscriptions conveniently and securely using DPO technology via the MultiChoice website, the MyDStv and MyGOtv self-service apps, as well as th (AllAfrica)

Tanzania: GGML Keen On Local Content Compliance

[Daily News] GEITA Gold Mine Limited (GGML) has issued a 90-day ultimatum to all foreign companies that supply it with goods and services to comply with the local content regulations or lose the lucrative business. (AllAfrica)

South Africa: The Foschini Group Gets a Thumbs Up to Acquire Jet

[] The Competition Tribunal has approved The Foschini Group (TFG) to acquire Jet stores subject to condition. (AllAfrica)

Kenya: Layoffs Continue at Tuskys

[Nation] Troubled retailer Tuskys has sent home hundreds of its unionised staff across the country as it struggles to keep its operations afloat. (AllAfrica)

Kenya: Troubled Tuskys Sends Hundreds of Staff Home as Layoffs Continue

[Nairobi News] Troubled retailer Tuskys Supermarket on Monday sent home hundreds of their unionised staff across the country as it struggles to stay afloat. (AllAfrica)

Zimbabwe: Mobile Networks Reap Increased Data Gains During Lockdown

[263Chat] Strict enforcement of Covid-19 lockdown regulations during the second quarter of 2020 increased mobile data usage to record levels and sustained a 45.8 percent revenue increase to ZWL$3 billion from ZWL$2.1 billion recorded in previous quarter for the county's mobile network operators, a latest sectorial report shows. (AllAfrica)

Namibia: Nghipunya Takes Release Fight to High Court

[New Era] Suspended CEO of the State-owned National Fishing Corporation of Namibia (Fishcor) Mike Nghipunya has approached the High Court in an attempt to be released from police custody. (AllAfrica)

Zimbabwe: Mabhudhu Reappointed Diamond Firm Boss

[The Herald] Vastly experienced metallurgist, Mr Mark Mabhudhu, has been re-appointed Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer. (AllAfrica)

Zimbabwe: Just in - Gvt On Zupco Commuter Bus Registration

[The Herald] Zupco has been appointed to co-ordinate urban public transport but does not have a monopoly since all transport operators can register with Zupco and provide services, Local Government and Public Works Minister July Moyo told Parliament yesterday. (AllAfrica)

Nigeria: Adeoti Wins Top CEOs, Next Bulls Awards

[This Day] Managing Director and CEO, Inlaks, Africa's foremost Information Technology and Infrastructure solutions provider, Mr. Femi Adeoti, has been announced as a winner of the 2020 Top CEOs and Next Bulls Awards organised by BusinessDay Media Limited in collaboration with the Nigerian Stock Exchange (NSE). (AllAfrica)

Nigeria: Dangote Cement Shareholders Receive N1 Trillion Dividend in Seven Years

[This Day] The Dangote Cement has grown the wealth of its shareholders, paying over N 1 trillion as dividends in the past seven years, the company's Acting Group Chief Financial Officer, Guillaume Moyen, has revealed. (AllAfrica)

Africa: Covid-19 Private Sector Global Facility Announced At SDG Business Forum

[UNDP] UNDP, UN Global Compact and ICC join forces with DHL, Microsoft and PwC to help communities recover better from the pandemic (AllAfrica)

South Africa: Small Business Development On Working With Unilever to Increase Investment in SMMEs

[Govt of SA] Unilever Southern Africa has agreed to partner with the Department of Small Business Development to increase investment in Small, Micro and Medium Enterprise development. This commitment was made by Unilever CEO, Luc-Olivier Marquet, during a meeting with Minister Khumbudzo Ntshavheni on Friday, 18 September. Present at this meeting was a board-level delegation from Unilever, a senior delegation from the Department of Small Business Development as well as representatives from the Small Enterprise Developme (