Business
‘More than 20’ trapped in SA mine
February 7, 2019
‘More than 20’ trapped in SA mine
News Desk- Eyewitnesses say at least 22 people are said to be trapped underground at a rural coal mine in…
Blackstone Is Pulling Back from Africa
February 7, 2019
Blackstone Is Pulling Back from Africa
LAGOS––The world’s largest alternative-investment management firm Blackstone Group LP is selling its Africa subsidiary Black Rhino Group back to management,…
The Latest from The World Economic Forum
January 22, 2019
The Latest from The World Economic Forum
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum in Davos, Switzerland (all times local): A top financial…
New online clothing company scheduled to launch in 2019
January 14, 2019
New online clothing company scheduled to launch in 2019
New York – A new unique clothing company is scheduled to launch in 2019. Sarima, Inc., an online clothing store inspired…
Kenyan interbank rate hits 8-year low: Central Bank of Kenya
January 14, 2019
Kenyan interbank rate hits 8-year low: Central Bank of Kenya
NAIROBI ––Financial news from Nairobi this week revealed that the rate at which banks in Kenya borrow money from each…
World Bank president Kim to join U.S. private equity fund as a partner, vice chairman
January 11, 2019
World Bank president Kim to join U.S. private equity fund as a partner, vice chairman
WASHINGTON — Jim Yong Kim, the outgoing president of the World Bank, said on this week that he would join…
Rwanda, Alibaba considering increasing agro-products exports to China
January 11, 2019
Rwanda, Alibaba considering increasing agro-products exports to China
KIGALI– Rwanda Development Board (RDB) on Sunday met with a delegation of China’s e-commerce giant Alibaba in the Rwandan capital…
Globe Afrique closes sale to new owners
January 11, 2019
Globe Afrique closes sale to new owners
A new U.S.–based media entity formally took over as the new owner of Globe Afrique in early January 2018, officially…
GM to partner with EV charging networks for its electric cars
January 11, 2019
GM to partner with EV charging networks for its electric cars
CHICAGO– U.S. automaker General Motors (GM) said on Wednesday that it will collaborate with three leading electric vehicle (EV) charging…
To spur motor industry in Kenya, President Kenyatta wants affordable vehicles
January 11, 2019
To spur motor industry in Kenya, President Kenyatta wants affordable vehicles
NAIROBI, Kenya, — Kenyan President Uhuru Kenyatta on Wednesday urged local motor vehicle assemblers to innovate ways of producing quality…