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Intel board of directors elects new chairman and new director
Andy Bryant to retire from board after 2020 stockholders’ meeting
Zambia to ratify African Continental Free Trade Area
Zambia has undertaken necessary consultations with the private sector, civil society, non state actors and academia on the implementation of the agreement
Africa Oil receives first dividend from its Nigerian asset
POGBV has distributed a $125m dividend with a net payment to Africa Oil of $62.5 million related to its 50% interest
Nigerian start-up in the run for $1m Chivas Venture Fund
Soupah wins local heat of the Chivas Venture 2020 and will now represent Nigeria at the $1m global final
Africa Oil acquires 20% stake in Azinam
Company enhances investment in impact oil and gas
Barclays Bank Zambia PLC rebrands to Absa Bank Zambia PLC
The change has seen one of Zambia’s top commercial banks fully rebrand and adopt the Absa name across all its 70 branches in Zambia
Barco, Logitech collaborate on wireless conference solution
The new all-in-one solutions provide organisations with outstanding conferencing experiences in any workspace
Qatar Airways in talks to buy 49% stake in Rwanda's state carrier
Gulf carrier's move comes months after it agreed to take a 60% stake in a new airport in Rwanda
Absa Group completes renaming of African subsidiaries
The renaming of subsidiaries marks another substantial milestone in Absa’s separation from Barclays PLC
SAA goes ahead with restructuring plans
SAA is looking to improve the its liquidity
Nuclear energy key to bridging skills gap in Africa
Solutions lie in raising the level of education, energy security and applying nuclear solutions to various fields
XAG drones combat armyworms in Zambia
XAG is among drone manufacturers that is tackling the fight against armyworms
Erickson unveils S-64F+ Air Crane helicopter
Erickson's recent aircraft orders and deliveries have signals a demand for the S-64
Multi-billion order pipeline in store for South Africa’s arms manufacturer Denel
Denel is actively pursuing a winnable order pipeline of R30bn ($2bn) in the next two years
Routier collaborates with South African partner to target hospitality sector
Hostech and Routier will provide guest and staff engagement and communication solutions
Ethiopia passes new investment law in bid to transform economy
Ethiopia recently passed a new investment law as part of a bid by Prime Minister Abiy Ahmed to transform the Horn of Africa nation’s economy and drive progress toward a middle-income status. However, Ethiopia will not open up its banking and insurance firms to foreign ownership, even as it clears the way for overseas investors
Gigawatt Global to boost Burundi energy needs
The project will fill the power needs of more than 87,000 people and businesses
MTN SA boosts access to financial services with MoMo
MTN SA has unlocked universal access to financial services with the launch of an innovative mobile money solution dubbed MoMo. According to the South African-headquartered telco operator, the frustration experienced by around 11 million South Africans who do not have access to financial services will now be a thing of the past, with the launch
Zamtel, ZRA unveil mobile tax payment platform
Zambia’s state-owned telecoms provider Zamtel in partnership with the Zambia Revenue Authority (ZRA) has launched a mobile tax payment system using the telco’s mobile money platform Zamtel Kwacha. The move stated the telecoms utility, will see Zamtel customers remit all their domestic taxes such as Turnover Tax, Base Tax, Income Tax, VAT, Withholding Tax and
Vodacom adds 484,000 customers as it readies 5G rollout in South Africa in 2020
For the quarter ended December 2019 Group revenue up 6.6% supported by Group service revenue growth of 5.7%.