Most Recent World News

South Africa Not Planning to Privatise Eskom After Split

South Africa is not planning to privatise embattled power utility Eskom after the firm is split into three separate entities of generation, transmission and distribution, Public Enterprises Minister Pravin Gordhan.

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Horticulture Revenues Rises By Thirty-Three percent Becoming Kenya’s Third Top Earner

Kenya’s horticulture sector has emerged as the third biggest earner of foreign exchange in the year 2018, Clement Tulezi, CEO Kenya Flower Council (KFC) said Feb 12. During that period.

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Nigeria’s Economy Grows At A Two-year High

Nigeria’s economy grew in 2018 at its fastest pace since a recession two years earlier, data showed, just days before a presidential election in which boosting growth has been a.

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Total Makes Significant Oil Discovery

Total, a French oil and gas giant says it has made a significant gas condensate discovery after drilling its Brulpadda prospects on Block 11B/12B in the Outeniqua Basin, offshore SA..

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Rand, the World’s Best Performing Currency

Against Turkey’s lira, the rand has been the best performing currency in the world this year with a 7% gain against the dollar as risk appetite returned to global markets..

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Rwanda to Produce bottled Gas

Yesterday, Rwanda, signed a seven-year deal worth $400 million deal, to produce bottled gas from Lake Kivu, which emits such dense clouds of methane it is known as one of.

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Nigeria’s Ministers Reject IMF’s Forecast

Senator Udo Udoma, Nigeria’s Minister of Budget and National Planning, has controverted the International Monetary Form’s statistic, which pegged Nigeria’s economic growth in 2019 at barely 2 percent. The Minister.

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Kenyan Banks Target First Green Bond by End of 2019

Kenyan banks plan to issue a green bond by end of this year to raise money in the war on climate change, sector lobby Kenya Bankers Association (KBA) has said..

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Coca-Cola Nigeria Acquires Chi Limited In A Private Equity Deal.

Coca-cola Company Nigeria, has completed the acquisition of Chi Limited. Speaking during a press briefing on Thursday, President, Coca-Cola West Africa, Peter Njonjo, described the acquisition as a testament to.

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Kenyan Bank Set to Become Biggest African lender by Customer Numbers.

Nairobi, Jan 31- A merger between two Kenyans banks, expected to be complete in the second half of 2019 will create Africa’s biggest bank by customer numbers. The expected merger.

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