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WATCH – A Nigerian’s journey to building a multi-million dollar company in SA

Marshall Bwanya -
Filmmaker Tayo Aina takes us on a inspirational journey of how a Nigerian Mr. Lukeman has built a very successful automobile and scrap repair business in South Africa.
Business

SA hires RMB to advise on possible airline stake sale

Esther Gomo -
South Africa’s Rand Merchant Bank, the investment banking arm of FirstRand, has been appointed as an adviser to help the government assess offers for stakes in its insolvent national airline, according to two people familiar with the situation.
Business

SA mines minister drops challenge to court ruling on black ownership threshold

Esther Gomo -
South Africa’s Mineral Resources and Energy Minister Gwede Mantashe has withdrawn an appeal of a court ruling that held that mining companies did not have to maintain at least 26% black ownership in perpetuity, the Minerals Council industry body said on Wednesday.
Business

S.African president opposes axing SAA domestic flights

Esther Gomo -
President Cyril Ramaphosa on Friday said his government opposed South African Airways' business rescue plans to close most of the national airline's domestic routes and some international flights.
Business

Bonang hits back at claims her champopo range is ‘a front’ to exploit black business

Telly Africa -
Bonang hit back at claims that her new champopo range, Prestige Reserve from House of BNG, was “a front” to cash in on interest in black business.
Business

Liberia’s Weah to open up bids for oil and gas exploration

Esther Gomo -
Liberian President George Weah announced Monday that the West African country will launch a call in April for bids to resume offshore oil and gas exploration after years of stagnation.
Business

Kenyan central bank cuts key lending rate to 8.25%

Esther Gomo -
Kenya’s central bank monetary policy committee cut its benchmark lending rate to 8.25% on Monday from 8.50%, saying the economy was operating below potential and there was room for a more accommodative monetary policy.
Business

WATCH: Patrice Motsepe called a ‘slay king’ after saying Africa loves Donald Trump

Telly Africa -
While initial reactions were divided and humorous, it appears that after having seen the the video footage of the event, many people were eager to criticise Patrice Motsepe for his remarks to President Donald Trump at the WEF dinner.
Business

Egypt village turns a profit on used tyres

Esther Gomo -
Residents of the Egyptian village of Mit al-Harun have for decades eked out a living by recycling old tyres into baskets, landscaping materials and alternative fuels.
Business

Uganda angered by Kenya’s seizure of milk imports

Telly Africa -
Uganda has protested over the seizure of milk and milk products worth $360,700 (£276,300) by the Kenyan authorities on allegations of being contraband and substandard.
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