Business

Mon,16Jul2018

Business

DOSSIER INSURANCE | ITW: Julius Kipng’etich, CEO, Jubilee Holdings

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Penetration rates are low in East Africa, and Jubilee Holdings is betting on tech to cut costs and reach out to the masses

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Irregular expenditure almost doubles at S.Africa's municipalities - Auditor General

South Africa Finance Minister Nhlanhla Nene, center, arrives at parliament in Cape Town, South Africa, Feb. 25, 2015.Photo: Schalk van Zuydam/AP/SIPAIrregular expenditure by South Africa's municipalities almost doubled in the past financial year, with only a tenth of local governments producing credible financial statements, the auditor general said on Wednesday.

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H&M scouts out potential suppliers in South Africa

H&M and Verizon logo hang on a building on 34th Street, Wednesday, May 16, 2018, in New York. Photo: Mary Altaffer/AP/SIPAH&M is looking at South Africa as a potential supplier, with executives from the world's second largest clothing retailer visiting some of the country's main cities this week.

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Nigeria's economic growth slows for first time since end of recession

Nigerian President Muhammadu Buhari speaks during a bilateral meeting with President Barack Obama , Sept. 20, 2016. Photo: Carolyn Kaster/AP/SIPANigeria's economic growth slowed in the first quarter of 2018 for the first time since the country pulled out of recession last year as the non-oil sector struggled, the National Bureau of Statistics said on Monday.

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ITV: Emmanuel Nnorom, Chief executive, Heirs Holdings

 

All rights reservedA buoyant oil price and its renewed focus on the power sector and hotel projects have helped Heirs Holdings navigate Nigeria's economic recession

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Ghana to award nine new oil blocks off west coast: energy ministry

 July 7, 2010, an unidentified oilfield worker ties pipes to be raised on an oil rig as the sun sets in the Persian Gulf desert oil field of Sakhir, Bahrain. Photo: Hasan Jamali/AP/SIPAGhana is set to award nine new upstream oil blocks for commercial exploration off its western coast beginning this year, the energy ministry said on Thursday.

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Burdened by cash shortages, Libyans struggle to welcome Ramadan

Men and children gathered for prayer on the first day of muslim festival Eid al-Adha at a mosque in Misrata, Libya, Friday, Oct. 26, 2012. Photo: Gaia Anderson/AP/SIPAAs the Muslim world prepares for the holy month of Ramadan, Libyan shoppers are crippled by a cash crisis that has hit their annual shopping sprees.

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