Business News - Viewpoint Africa – the latest news from selected sources across the web

Source: SABC News

Trump calls on Fed Governor Cook to resign

Cook was appointed to the Fed by former President Joe Biden and confirmed by the Senate...

Wed, 20 Aug 2025 15:02:28 +0000

Source: Business Post Nigeria

Champion Breweries to Acquire Bullet Energy Drink from Sun Mark

By Aduragbemi Omiyale In line with its strategy to diversify into high-growth food and beverage categories, Champion Breweries Plc is having talks with Sun Mark International Limited for the acquisiti...

Wed, 20 Aug 2025 15:00:19 +0000

Source: Business Post Nigeria

TICAD9: Outrage as Nigeria’s Exhibition Booth Left Unmanned

By Adedapo Adesanya Despite a large entourage, including President Bola Tinubu, attending the ninth Tokyo International Conference on African Development (TICAD9), Nigeria’s exhibition booth was...

Wed, 20 Aug 2025 14:59:36 +0000

Source: SABC News

Case against Nedbank based on sporadic allegations: Snr Counsel

"Nedbank is implicated based on Reuters trading platform similar to the chatroom in question."...

Wed, 20 Aug 2025 14:32:09 +0000

Source: The Exchange

Rwanda-backed M23 rebels execute over 140 Hutus in DRC

Human Rights Watch claims Rwandan-backed M23 group summarily executed over 140 civilians in July 2025, mainly ethnic Hutu people, in at least 14 villages and small farmi...

Wed, 20 Aug 2025 13:11:58 +0000

Source: Standard Media

Africa urged to up sustainability reporting as global meet kicks off

In just two years, jurisdictions representing more than half of global GDP have adopted or aligned with the International Sustainability Standards Board (ISSB) framework....

Wed, 20 Aug 2025 15:17:58 +0300

Source: Business Post Nigeria

Fisayo Fosudo, Others Make JCI Nigeria 2025 Ten Outstanding Young Persons List

By Aduragbemi Omiyale The honourees for the 2025 JCI Ten Outstanding Young Persons (TOYP) of Nigeria have been announced by the Junior Chamber International (JCI) Nigeria. TOYP is a platform used to c...

Wed, 20 Aug 2025 11:35:41 +0000

Source: Business Post Nigeria

FG Removes 5% Telecoms Tax After Two-Year Suspension

By Adedapo Adesanya President Bola Tinubu has permanently abolished the 5 per cent excise duty on telecommunications services, two years after the policy was first suspended. The abolishment is part o...

Wed, 20 Aug 2025 11:13:53 +0000

Source: Business Post Nigeria

Stanbic IBTC Insurance Hosts Second Annuitant Forum

By Modupe Gbadeyanka Stakeholders in the underwriting sector are currently discussing how the working group of Nigeria can plan for the rainy days, especially when they no longer have the strength to...

Wed, 20 Aug 2025 11:09:05 +0000

Source: Standard Media

The rise of smart digital wealth management

Smart digital wealth platforms are designed to provide clients with personalised investment options, real-time market insights, and easy-to-navigate interfaces....

Wed, 20 Aug 2025 13:54:51 +0300

Source: SABC News

Inflation will remain stable despite July CPI increase: Economist

Consumer Price Inflation (CPI) rose from 3% in June to 3.5% in July....

Wed, 20 Aug 2025 10:44:54 +0000

Source: The Exchange

Kenya’s Kakuzi six-month profit dips to $2.3M on lower tea and avocado global prices

Kakuzi avocado and tea export earnings for the half to June 30th, 2025, negatively affected by lower prices in the firm’s traditional market Europe. Company&...

Wed, 20 Aug 2025 10:54:52 +0000

Source: SABC News

LIVE| Alleged Rand manipulation: Appeal resumes in the ConCourt

There are allegations that banks have conspired to manipulate the rand against the US dollar....

Wed, 20 Aug 2025 09:14:28 +0000

Source: SABC News

Annual consumer price inflation jumps to 3.5% in July

The main contributors to the annual inflation rate were food and non-alcoholic beverages....

Wed, 20 Aug 2025 09:33:06 +0000

Source: Business Post Nigeria

PenCom Blacklists First Trust Mortgage Bank, AG Mortgage Bank, 5 Others

By Aduragbemi Omiyale Seven mortgage banks operating in Nigeria have been blacklisted by the National Pension Commission (PenCom) over non-compliance with housing loan guidelines. In a circular dated...

Wed, 20 Aug 2025 02:26:31 +0000

Source: Business Post Nigeria

BBNaija 10/10: Nostalgia & Nominations Rock the Big Brother House

This week’s theme in the Big Brother House is Nostalgia, and the housemates are diving deep into the past with a tribute to veteran Nollywood stars. The week kicked off with a battle for Head of House...

Wed, 20 Aug 2025 07:56:20 +0000

Source: Business Post Nigeria

Gains in Okitipupa, CSCS Push NASD Bourse Higher by 1.11%

By Adedapo Adesanya The duo of Okitipupa Plc and Central Securities Clearing System (CSCS) Plc spurred the NASD Over-the-Counter (OTC) Securities Exchange to a 1.11 per cent growth on Tuesday, August...

Wed, 20 Aug 2025 07:49:30 +0000

Source: Business Post Nigeria

Naira Crashes to N1,534/$1 at NAFEM, Firms to N1,545/$1 at Black Market

By Adedapo Adesanya The Naira moved in different directions at the foreign exchange (FX) market on Tuesday as the Central Bank of Nigeria (CBN) has held back its direct interventions aimed to defend t...

Wed, 20 Aug 2025 07:39:54 +0000

Source: Standard Media

Liberty Kenya half-year earnings dip 59pc to Sh260m

Liberty Kenya Holdings has posted Sh260 million net earnings in the first half of 2025, marking a 59 per cent drop from Sh632 million in the same period last year....

Wed, 20 Aug 2025 10:14:44 +0300

Source: LibyaHerald

On its opening day, ”Innovation Summer Season” discusses urban planning

At yesterday’s official launch of the UNDP’s ‘‘Innovation Summer Season’’, a discussion on urban planning took place. The event (18 to 31 August) is held in partnership with the Centre of Entrepren...

Wed, 20 Aug 2025 07:00:00 +0000

Source: Business Post Nigeria

Dangote Cement, 38 Others Pull Back NGX by 1.46%

By Dipo Olowookere The growth recorded by the Nigerian Exchange (NGX) Limited on Monday was reversed on Tuesday by 1.46 per cent due to renewed selling pressure. During the session, profit-taking was...

Wed, 20 Aug 2025 06:40:42 +0000

Source: LibyaHerald

Seven expats arrested in possession of 15,000 litres of fuel intended for illegal sale

‎The Attorney General’s Office reported Monday (18 August) that it had ordered the arrest of seven expatriates who were found in possession of 15,000 litres of fuel in 11 different sites. The...

Wed, 20 Aug 2025 06:30:00 +0000

Source: Standard Media

Continental business women join forces to boost intra-trade

African women in business have launched a Continental Network for Women's Business Associations in Africa (CONWOBAA), a lobby that is aimed at promoting intra-African trade....

Wed, 20 Aug 2025 09:20:00 +0300

Source: Business Post Nigeria

Crude Oil Down on Possible End to Russia-Ukraine War

By Adedapo Adesanya Crude oil declined by about 1 per cent on Tuesday amid a possible agreement to end Russia’s invasion of Ukraine, which could ease sanctions on Russian crude oil, boosting glo...

Wed, 20 Aug 2025 06:09:33 +0000

Source: LibyaHerald

Tripoli based Libyan PM Aldabaiba completely rejects normalization with Israel – the Palestinian cause is an integral part of the Libyan conscience

In an interview with the Asharq Al-Awsat (the Middle East) newspaper yesterday, Tripoli based Libyan Prime Minister, Abd Alhamid Aldabaiba, said he completely rejects normalisation with Israel. He...

Wed, 20 Aug 2025 06:00:00 +0000

Source: SABC News

Rand manipulation case resumes at Constitutional Court

The Competition Commission has stressed that the issue of jurisdiction is critical....

Wed, 20 Aug 2025 05:34:59 +0000

Source: Standard Media

Airtel's foundation to upskill African women with digital knowledge

Airtel Africa Foundation has launched its 'Tech For Her' Programme, targeting young women aged between 18 and 40 years, from across Kenya, Zambia and Uganda....

Wed, 20 Aug 2025 08:20:00 +0300

Source: Standard Media

EAC tariff loopholes create uneven playing field in trade

In the next one year, a mobile phone will be cheaper in Uganda than in Kenya, if the latest review of the Common External Tariff (CET) by countries in the region is anything to go by....

Wed, 20 Aug 2025 07:00:00 +0300

Source: Standard Media

Young Kisumu women snapping their way out of unemployment

On the streets of Kisumu, where the rhythms of matatus, hawkers, and hurried footsteps compose the city's daily soundtrack, a new quiet transformation has been unfolding....

Wed, 20 Aug 2025 08:00:00 +0300

Source: Standard Media

Over 128 Equity scholars to join top global universities

One twenty eight Equity Leadership Programme (ELP) scholars have secured admission and scholarships to join 63 global universities located in 20 countries around the world....

Wed, 20 Aug 2025 06:00:00 +0300

Source: Business Post Nigeria

ISCA Launches $2 Million Career Support Programme to Help Jobseekers Pivot into Accountancy Profession

SINGAPORE – Media OutReach Newswire – 19 August 2025 – With the demand for accountancy and finance professionals growing amid Singapore’s transition to a digital and sustainabl...

Tue, 19 Aug 2025 13:30:00 +0000

Source: Business Post Nigeria

Veterinary Emergency Centre Launches 24/7 Emergency Care for Pets Now Offering Small Animal Internal Medicine Specialty Service & HomeVet Services

Tailored Solutions for Complex Pet Health Issues HONG KONG SAR – Media OutReach Newswire – 20 August 2025 – To address the increasingly diverse medical needs of pet owners in Hong Ko...

Wed, 20 Aug 2025 02:00:00 +0000

Source: Business Post Nigeria

Vingroup awarded first-class labor order for outstanding achievements in developing the national exhibition and convention center

HANOI, VIETNAM – Media OutReach Newswire – 19 August 2025 – Vingroup was awarded the First-Class Labor Order in recognition of its exceptional achievements in developing the National Exhibition...

Tue, 19 Aug 2025 15:30:00 +0000

Source: Standard Media

Is there a limit to hustling even as it is celebrated in Kenya?

Data can be surprising; only about 20 per cent of the South African (SA) economy is informal. In Kenya, it's 80 per cent....