new job South Africa: MTN’s Ralph Mupita takes his first steps as new CEO While MTN's new boss Ralph Mupita has sold its stake in Jumia - a project launched by his predecessor, Rob Shuter - he is also beginning to impose ... his own philosophy on the South African mobile phone giant.
raw power Bobi Wine, Julius Malema, #EndSARS… have the old guard seen what is coming for them? The rise of well-organised youth politicians is giving pause for thought to the old guard. From the dance that Bobi Wine is leading President ... Museveni in Uganda, to the trenchant opposition of Julius Malema, a new generation of leaders is being inspired to drive out the old and bring in the new.
Gold Strategy Ghana must avoid ‘resource nationalism’ to benefit from gold, says economist Rising gold prices and the dwindling appeal of South Africa as a production source should be the perfect backdrop for Ghana to extend its lead ... as Africa’s biggest producer of the yellow metal.
Logistical Challenge Nigeria’s TradeDepot plans national retail expansion TradeDepot, a supplier to Nigeria’s informal retail stores, plans to expand from Lagos to achieve nationwide coverage this year, co-founder ... Onyekachi Izukanne tells The Africa Report.
Scaling the Rails Ghana’s Zeepay plans mobile-money expansion to South Africa, Rwanda Ghana’s Zeepay plans to raise $10m in equity funding to support the creation of new mobile-money hubs in East and Southern Africa, Andrew Takyi-Appiah, ... co-founder and managing director, tells The Africa Report.
covid cash crunch South Africa new coronavirus variant rages alongside vaccine finance debate South Africa's struggle with a new variant of Covid-19 coincides with a debate over how and who will pay for the vaccine. The business community ... may be one part of the solution, with the government saying the Pfizer jab is too expensive.
new strains Vaccine won’t work against South Africa coronavirus variant, worry UK scientists New variants in the Covid-19 coronavirus from the UK and South Africa have caused renewed global concern in recent weeks. But UK scientists now ... fear that it is the South African strain that causes the greatest risk, as it may be impervious to the various vaccines that have been developed, including those of Pfizer and Moderna.
Halfway House AfricaWorks to enter flexible office market in Casablanca, Jo’burg AfricaWorks plans to extend its flexible office offer to Casablanca and Johannesburg after a new round of fundraising in 2021, founder Gregoire ... Schwebig tells The Africa Report.
TOUR DE APOLOGY South Africa: McKinsey tries to mop up ‘shocking’ state capture mess McKinsey, a global consulting company, says it is shocked by the weight of 'state capture' allegations surrounding its contracts at South Africa’s ... state-owned enterprises (SOEs), including Transnet and South African Airways (SAA).
Still Too Large South Africa’s Naspers share-price discount is built to survive Covid The Naspers share-price discount to the value of its Internet-heavy portfolio of assets is growing even amid a post-pandemic shift to digital ... technology.
