Business

Tue,11Dec2018

Business

Nigeria: The MTN muddle

 

Tom Saater/Bloomberg via Getty ImagesThe central bank’s demand for an $8.1bn refund from the telecoms giant threatens wider repercussions

Read more...

New Barrick CEO eyes miners' alliance to fix Tanzania tax row

Tanzanian miner Bakari Ngalenya climbs out of a tanzanite mining pit in Mererani in northern Tanzania on Saturday, Dec. 15, 2001. Photo: GEORGE MWANGI/AP/SIPABarrick Gold's incoming chief executive said he wants to pull together Tanzania's mining industry to tackle a "desperate" tax dispute that has snared several companies, including the firm's Acacia Mining unit.

Read more...

Kenya | Airtel vs. Safaricom

Credits: TONY KARUMBA/AFP - THOMAS MUKOYA/REUTERS
  Airtel Kenya is cutting prices to eat into Safaricom’s market share, but it may not have a big enough war chest and sufficient patience to succeed in knocking the Kenyan telecoms leader down a notch. 

Read more...

South Africa's Transnet halts Durban port berths project over tender probe

People swim and surf as a boat loaded with goods leaves the port in Durban, South Africa, Tuesday, Nov 29, 2011. Photo: Schalk van Zuydam/AP/SIPASouth Africa's Transnet said on Friday it would stop a 7 billion rand ($505 million) project to deepen berths at Africa's biggest container terminal in the port city of Durban until a dispute over the awarding of a contract is resolved.

Read more...

Telkom Kenya gets $40 mln loan from European Investment Bank

 Kenyans stand in line to use public telephones provided by Telkom Kenya, the state-owned monopoly that was to have been privatized in an attempt to improve telephone and data services in the East African nation, Nairobi on Tuesday Jan. 15, 2002. Photo: KHALIL SENOSI/AP/SIPATelkom Kenya, the country's third biggest operator, has secured a loan worth $40 million from the European Investment Bank (EIB), the company said on Friday, as it tries to gain market share by expanding its mobile and data services.

Read more...

Equatorial Guinea punishes Subsea 7 over laws on local jobs

Subsea 7 social media account photoEquatorial Guinea has ordered energy operators to stop doing business with oil and gas service firm Subsea 7 for failing to comply with local laws aimed at creating more jobs for locals, the oil minister said on Thursday.

Read more...

Subscriptions Digital EditionSubscriptions PrintEdition

FRONTLINE

NEWS

POLITICS

HEALTH

SPORTS

BUSINESS

SOCIETY

TECHNOLOGY

COLUMNISTS

Music & Film

SOAPBOX

Newsletters

Keep up to date with the latest from our network :

subscribe2

Connect with us