Business

Mon,15Oct2018

Business

Mining firms say Zambia's tax hike plan would ruin economy

Zambian workers constructing a new $300 million copper smelter in Chingola, Zambia, in this Wednesday, Dec. 13, 2006 file photo. Photo: JOSEPH SCHATZ/AP/SIPAZambia's proposed mining tax increases would hobble Africa's second biggest copper industry, companies said on Thursday, a further warning to investors already concerned about the country's mounting debt.

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AITEO FOUNDER, BENEDICT PETERS WINS FORBES OIL & GAS LEADER OF THE YEAR AWARD, 2018

aiteo-logoInternational business leader and founder of Aiteo Group, Benedict Peters was awarded Africa’s Oil and Gas Leader of the Year at the Forbes Best of Africa Gala which held at Forbes Headquarters, New York City on September 27, 2018.

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kenya: New challenges on the horizon

NEW CHALLENGES ON THE HORIZON

Banks are fighting the interest-rate cap and the government's push for a tax on large transactions as they implement new financial standards and continue to roll out mobile lending products

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Finance: Opportunity knocks again

 

Getty imagesBank profits are growing as many of the big international financial institutions pull out of the continent to reduce their risks. But as they grow, will local banks be able to turn away from the easy money of buying government bonds in order to finance factories, farmers and fintech?

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Interview: Ernest Addison Governor, Bank of Ghana

 

Ernest Addison. All rights reservedInterview: Ernest Addison Governor, Bank of Ghana - becoming more stringent and effective

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Girl power in a tech world

 

Andela/ROTIMI OKUNGBAYEAround the continent, girls’ coding and hackathon clubs  are training the software and app developers of tomorrow

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Nigeria: A fragile recovery

Nigeria banks

Many of Nigeria’s banks recorded healthy profits as the economy turned a corner. Non-performing loans remain a problem, but oil prices are on the rise and lending to government remains a mainstay

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