Business

Mon,24Sep2018

Business

Angola aims to boost oil output with new block sale agency

Angola President Joao Lourenco speaks during the plenary session of the European Parliament in Strasbourg, eastern France, Wednesday, July 4, 2018. Photo: Jean-Francois Badias/AP/SIPAAngola will launch next year a new agency to handle oil concessions, the government said on Thursday, as President João Lourenço pushes ahead with reforms aimed at boosting production in Africa's second biggest oil industry.

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Thousands rally in Tunisia to support equal inheritance for women

APThousands of women and men rallied in central Tunis on Monday (August 13) in support of President Beji Caid Essebsi's call to give women equal inheritance rights.

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S.Africa’s Ramaphosa proposes new sovereign wealth fund: party officials

South African President Cyril Ramaphosa addresses a media conference at the end of the BRICS Summit in Johannesburg, South Africa, Friday, July 27, 2018. Photo: Themba Hadebe/AP/SIPASouth African President Cyril Ramaphosa has proposed setting up a sovereign wealth fund to help boost economic growth, and his ruling African National Congress (ANC) backs the plan, two senior party officials said on Tuesday.

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50 influential women in business: further profiles

 

50womenThe Africa Report, Jeune Afrique and the  Africa CEO Forum assemble an exclusive list  of the top African businesswomen who are shaping their sectors, helping a new generation of  female leaders and improving their firms’ profitability. Here are profiles of some of the 50 women

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Kenya’s Safaricom resists tariff cuts to avoid price war

Robert Collymore, CEO of Safaricom, speaks at the Clinton Global Initiative, Monday, Sept. 28, 2015 in New York. He is holding a phone that is marketed by his Nairobi, Kenya-based phone company. Photo:Mark Lennihan/AP/SIPASafaricom, Kenya's biggest telecoms operator, has no plans to reduce its call rates after rival Airtel cut its prices as it wants to avoid a price war, its chief executive officer said on Friday.

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Billionaire's huge Nigerian oil refinery likely delayed until 2022:sources

Nigerian billionaire businessman Aliko Dangote, speaks during the World economic forum on Africa in Abuja, Nigeria, Thursday, May 8, 2014. Photo:Sunday Alamba/AP/SIPAA huge oil refinery being built in Nigeria by Africa's richest man is unlikely to start production until 2022, two years later than the target date, sources with direct knowledge of the matter said.

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South Africa's Eskom reaches "in principle" wage deal with unions

A street light burns daytime outside a glass office building in Johannesburg Thursday, Feb. 14, 2008. Photo: AP Photo/Denis FarrellSouth African power utility Eskom and trade unions reached an "in principle" wage deal, the company said late on Wednesday, potentially ending weeks of tense negotiations that have lead to power outages in Africa's most industrialised economy.

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