Bizcommunity.com Succeeding as an entrepreneur in South Africa is trickier now than ever before. Slow economic growth, high inflation and load shedding create a cocktail of challenges that are especially formidable for small and medium businesses. But one award-winning startup owner has found a way to circumvent the obstacles while staying true to the core…
Africa Business Africa, known for its breath-taking landscapes, rich cultural heritage, and diverse wildlife, has long been a sought-after destination for leisure travellers. However, in recent years, a growing trend has emerged, demonstrating that business tourism in Africa is making significant contributions to the continent’s overall tourism GDP. In fact, tourism – both business and…
The East African Uganda’s Minister of Finance Matia Kasaija on Tuesday declared a 10 percent interest rate for National Social Security Fund (NSSF) members for the 2022/2023 financial year, arguing that it is consistent with the fund’s commitment made in 2013 to pay savers a real annual return, that is, at least 2 percentage points…
The East African Two Kenyan health startups have been selected by Google for a three-month Growth Academy that infuses artificial intelligence (AI) for development in the healthcare industry. The companies, Zuri Health and iZola Limited will be among 30 others selected globally and part of the five selected in Africa for the hybrid program whose…
The East African The Stock Exchange of Mauritius (SEM) has opened a window for Kenyan investment banks and stockbrokers to trade on its market platform, potentially opening up new offshore investment options in the Indian Ocean Island State. SEM’s chief executive Sunil Benimadhu said in the exchange’s 2022 annual report that a new automated trading…
Nigerian Tribune Experts across different sectors of the country have urged the Federal Government to invest in infrastructure in order for the citizens to enjoy shared prosperity. An Information and Communications Technology Expert, Ayoola Oke tasked the Federal Government on eliminating taxes and levies in ICT in order to enhance the nation’s prosperity. Oke, who…
The East African Kenya targets to kick off the construction of its first nuclear power plant in 2027 as the country seeks to further diversify its energy generation amid rising demand and push for zero-carbon energy. Acting CEO of the Nuclear Power and Energy Agency (NuPEA) Justus Wabuyabo told the Business Daily the agency has…
Nigerian Tribune Niger Governor, Mohammed Umaru Bago has sought a collaborative effort between the State Government and the German Agency for International Cooperation (GIZ) for the creation of a Free Trade Zone to be located in Tafa, Bida and Minna. Governor Umaru Bago stated this at the Government House Minna when he received members of…
ZAWYA The UAE is ready to help Africa with finance and technology for the continent’s energy transformation, said Mariam Almheiri, the Emirate’s Minister of Climate Change and Environment. The country’s experience in developing green energy and industry projects, including some of the world’s largest solar parks, puts the UAE in a strong position to contribute…
Reuters The South African rand weakened in early trade on Tuesday as the U.S. dollar rose, ahead of a leading business cycle indicator release and other economic data points later in the week. At 0634 GMT, the rand traded at 18.8950 against the dollar , almost 0.7% weaker than its previous close. The dollar last…
