Business Affairss

City Farm, an Egyptian company specializing in exports of frozen vegetables plans to increase its sales in the USA to $50 million by the end of 2023. This would represent an increase of 43% compared to the $35 million in revenues garnered in 2022. ...

South Africa recorded foreign direct investment (FDI) flows of R53.8 billion ($2.8 billion) in the second quarter of 2023, up from R0.5 billion in the previous quarter. An increase which results from the acquisition of a drinks company by a non-res...

Kenya's Office of the Data Protection Commissioner (ODPC) has fined three companies Ksh 9,375,000 ($63,500) for violating their customers' data privacy rights. The first company operates two online credit platforms. She received a penalty of Ksh2.9...

Investment and Trade Cabinet Secretary Moses Kuria has challenged counties to compete according to their premium production so as to boost the livelihoods of their residents. Speaking when he launched the 12th Aggregation and Industrial Park in the...

Good governance is a prerequisite for sustainable development, for there exists a positive relationship between good governance and equitable economic growth and development. The National Treasury and Economic Planning CS Prof. Njuguna Ndung'u, in ...

The Rift Valley Technical Training Institute (RVTTI) has launched its 8th The Africa Journal of Technical and Vocational Education and Training (AfriTVET), even as board members and other researchers, innovators, and practitioners of education and ...

The Central Bank (BoG) announced that it had kept its key rate unchanged at 30%. Ghana had recorded an inflationary increase of 54.1% in December 2022 and fell significantly to stand at 40.1% in August 2023, a reduction of 14%. The pressure on pric...

Four hundred million US dollars was the amount that oil company TotalEnergies Angola raised in the sale of 40% of its shares in Block 20/11 to Petronas Angola E and P LTD (PAEPL), a company belonging to the Malaysian business group. According to t...