Thursday, 9th April 2020


Articles related to business

African Minerals workers riot in Sierra Leone

Two days of rioting over pay by workers at African Minerals' Sierra Leone mine have left one woman dead and at least six injured, witnesses and medical staff said.
The company said operations had seen "no significant impact".
"The government authorities are treating the protest as a matter of civil disobedience," a company spokesman said of the…

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South Africa still mulls ban on alcohol adverts

The South African government is drafting legislation to curb advertisements and marketing of alcohol, the health ministry said on Monday.
The ministry would not comment on the content of the legislation, but daily newspaper Business Day reported the measure would place a total ban on alcohol advertisements.
South Africa currently allows for…

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Uganda pushes to liven up lonely bourse

The Uganda Securities Exchange aims to double its market value in the next five years and is lobbying the government for tax incentives to encourage companies
to list, its chief executive said on Wednesday.
The east African bourse also plans to draw new listings through an alternative market for companies that don't qualify for its main board,…

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Standard Bank won’t rule out Angola acquisitions to grow

Standard Bank Group (SBK), Africa’s largest lender, won’t rule out acquisitions in Angola as it seeks to become one of the top five banks in the oil-producing country, the head of the bank’s Angolan unit said.
“Standard Bank cannot rule out an acquisition if the opportunity one day arises,” Pedro Pinto Coelho said in a telephone interview on April…

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Nigerian militants threaten SA investments

Nigeria's militant group MEND threatened Saturday to attack South Africa's investments, including telecoms firm MTN Group, in the Niger Delta, because of the terror trial of its leader in Johannesburg.
"Our decision to attack South African investments in the Niger Delta is directly related to the conduct of President (Jacob) Zuma regarding the…

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Botswana Feb diamond exports bounces back after four-month slump

Botswana's rough and polished diamond exports reached $306.5 million last February to end a four-month slouch.
Trade data released by the Bank of Botswana showed that diamond exports during the month under review almost tripled compared to $109 million recorded last January.
The southern African country’s diamond exports were also about 90…

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