Most Recent World News

Life Healthcare Posts 2.2% Rise In H1 Profit

South Africa’s Life Healthcare posted a slim 2.2% rise in first-half normalised core profit, reflecting lower activity amid a tepid first quarter in its home market. The private hospital operator.

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Tanzania To Export 700,000 Tonnes Of Maize

Tanzania will export 700,000 tonnes of maize to Zimbabwe after an El Nino-induced drought wilted crops, Tanzania’s president said, adding that he hoped the sale would stimulate trade between the.

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MTN To Build Financial Services Market Place

South Africa’s MTN on Tuesday revealed plans to build a “market place” app where customers will be able to buy everything from insurance to washing machines as it seeks to.

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Airtel Considers Stock Market Floatation In London

Airtel Africa Ltd, a subsidiary of Indian telecoms group Bharti Airtel Ltd , is considering a stock market flotation in London, it said on Tuesday, part of efforts to expand.

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Buhari Signs 8.9 Trillion Naira Budget

Nigeria’s President, Muhammadu Buhari, has signed an 8.9 trillion naira ($29 billion) budget for 2019 into law on Monday. Approved by lawmakers last month, the budget is based on estimated.

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InBev Expects A Growth In Nigerian Investment

Anheuser-Busch InBev (AB InBev), the world’s largest beer maker, expects the total investment in its new brewery at Sagamu in Nigeria, to be up to $400 million, Chief Executive Carlos.

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Collymore To Stay Put At Safaricom

Kenya’s biggest telecoms operator, Safaricom, has announced that its chief executive, Bob Collymore, will stay on in his role for an extra year. “I’m here until the year 2020,” Collymore.

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BP Nears Completion Of Sale Of Its Oil Asset

Oil giant BP is on the verge of completing the sale of its stake in a major Egyptian oil and gas company to Dubai-based Dragon Oil for over $600 million,.

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SA’s MPR Kept At 6.75%

South Africa’s reserve bank kept its benchmark repo rate unchanged at 6.75 % on Thursday, saying while the medium-term inflation forecast had moderated, economic growth was set to contract in.

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Morocco’s CPI Drops By 2%

Morocco’s consumer price index dropped 0.2 percent in April from a year earlier, after falling 0.1 percent year-on-year the previous month, the high commission for planning said on Wednesday. Food.

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