BUSINESS Archives - Page 3 of 23

Trump Faces Critical Decision on Future of U.S. Jeans Production in Africa: A Turning Point for Global Trade and Jobs

Eniola OladeleFebruary 13, 2025

by Eniola OladeleFebruary 13, 2025067

As the deadline approaches for President Donald Trump’s decision on the future of U.S. jeans production in Africa, global trade experts, manufacturers, and workers are...

Nigeria Prepares to Receive First Ugandan Shipment Under AfCFTA

Eniola OladeleFebruary 12, 2025

by Eniola OladeleFebruary 12, 2025051

A landmark development for intra-African trade, Nigeria is set to receive its inaugural shipment of goods from Uganda under the African Continental Free Trade Area...

Africa BUSINESS

Kenya: KSh1 Billion Investment to Strengthen Power Supply in Western Region

Eniola OladeleFebruary 11, 2025February 11, 2025

by Eniola OladeleFebruary 11, 2025February 11, 2025061

Nairobi, Kenya – The Kenyan government, in collaboration with private sector partners, has announced a KSh1 billion investment aimed at enhancing power supply and reliability...

Africa BUSINESS

Uganda: President Museveni Meets EcoNetix Delegation to Explore Partnership on Uganda’s Carbon Market

Eniola OladeleFebruary 11, 2025

by Eniola OladeleFebruary 11, 2025052

Kampala, Uganda President Yoweri Museveni recently met with a delegation from EcoNetix, a company specializing in carbon market solutions, to discuss potential collaborations in Uganda’s...

BUSINESS International News

The Future of Legal Functions Within Big Business: Navigating Complexities in a Changing Corporate Landscape

Eniola OladeleFebruary 10, 2025

by Eniola OladeleFebruary 10, 2025060

As the global business environment becomes more interconnected and fast-paced, the role of the legal department within large corporations is evolving. In the past, legal...

BUSINESS International News

India Cuts Interest Rates for the First Time in Five Years: A Strategic Move to Boost Economic Growth Amidst Global Challenges

Eniola OladeleFebruary 7, 2025

by Eniola OladeleFebruary 7, 2025072

In a significant economic development, the Reserve Bank of India (RBI) has announced a reduction in interest rates for the first time in five years....

Aviation BUSINESS

Akasa Air Secures New Investment from Indian Investor Consortium: A Strategic Move to Strengthen its Market Position

Eniola OladeleFebruary 7, 2025

by Eniola OladeleFebruary 7, 2025072

In a significant development for the Indian aviation industry, Akasa Air, the low-cost airline founded by Rakesh Jhunjhunwala’s investment firm, has secured a substantial investment...

Aviation BUSINESS

Japan Airlines Group Sees Stronger Profitability in Q3 FY25 as Travel Demand Soars

Eniola OladeleFebruary 7, 2025

by Eniola OladeleFebruary 7, 20250130

TOKYO, JAPAN – February 7, 2025– Japan Airlines Group (JAL Group) has reported a remarkable surge in profitability for the third quarter of its fiscal...

Africa BUSINESS

Qatar-Angola Business Meeting Explores Strengthening Bilateral Trade Ties and Economic Cooperation

Eniola OladeleFebruary 6, 2025

by Eniola OladeleFebruary 6, 2025061

In a significant diplomatic and business development, representatives from Qatar and Angola recently convened for a high-level business meeting aimed at exploring and strengthening bilateral...

BUSINESS TECHNOLOGY

Google Joins Firms Dropping Diversity Recruitment Goals

Eniola OladeleFebruary 6, 2025

by Eniola OladeleFebruary 6, 2025062

In a significant policy shift, Google has announced the discontinuation of its diversity-based hiring targets and is reevaluating its diversity, equity, and inclusion (DEI) initiatives.his...

BUSINESS International News

US Postal Service Suspends Parcel Acceptance from China and Hong Kong Amid Rising Security Concerns

Eniola OladeleFebruary 5, 2025

by Eniola OladeleFebruary 5, 2025060

In a significant move, the United States Postal Service (USPS) has announced that it will no longer accept parcels from China and Hong Kong due...

BUSINESS POLITICS The Afrika Market Video

US and Mexico Reach Deal to Temporarily Suspend Tariffs, Easing Tensions in Trade Dispute

Eniola OladeleFebruary 4, 2025

by Eniola OladeleFebruary 4, 2025055

In a significant development aimed at easing escalating trade tensions, the United States and Mexico have reached a temporary agreement to suspend the imposition of...

BUSINESS TECHNOLOGY

Samsung Chief Cleared of Fraud and Stock Manipulation Charges, Court Ruling Marks Major Victory for Business Tycoon

Eniola OladeleFebruary 4, 2025

by Eniola OladeleFebruary 4, 2025046

In a significant legal development, the head of Samsung Group, Lee Jae-yong, has been cleared of charges related to fraud and stock manipulation by a...

Aviation BUSINESS Tourism

TAAG Angola Airlines Welcomes First Boeing 787 Dreamliner, Marking a New Era in Aviation for Angola

Eniola OladeleFebruary 3, 2025

by Eniola OladeleFebruary 3, 2025074

Luanda, Angola – TAAG Angola Airlines has taken a significant step in modernizing its fleet with the arrival of its first Boeing 787 Dreamliner. This...

BUSINESS Tourism

Cardiff Tourism Tax Proposal Could Fuel Major Events and Boost City’s Economy, Says Leader

Eniola OladeleFebruary 1, 2025

by Eniola OladeleFebruary 1, 2025066

Cardiff, the vibrant capital of Wales, is considering the introduction of a tourism tax that could transform its tourism sector and help fund major events...

BUSINESS ECONOMY

Zimbabwe’s Trade Deficit Worsens, Reaching US$2.1 Billion in 2024, Raising Concerns Over Economic Stability

Eniola OladeleJanuary 31, 2025

by Eniola OladeleJanuary 31, 2025066

Zimbabwe’s trade deficit has expanded significantly, reaching an alarming US$2.1 billion in 2024, sparking concerns about the country’s economic stability and future growth prospects. The...

Aviation BUSINESS

Azul Airlines Completes Major Financial Restructuring, Raising New Capital to Strengthen Future Growth

Eniola OladeleJanuary 31, 2025

by Eniola OladeleJanuary 31, 2025096

The comprehensive restructuring involved both debt reduction and the infusion of fresh capital, which will be used to modernize Azul’s fleet, enhance operational efficiency, and...

BUSINESS ECONOMY

Stock Market Faces Increased Volatility Amid Growing Economic Uncertainty

Eniola OladeleJanuary 30, 2025January 30, 2025

by Eniola OladeleJanuary 30, 2025January 30, 2025079

In what has become a volatile start to 2025, global stock markets are experiencing significant fluctuations as investors remain on edge due to persistent economic...

BUSINESS Health

Coca-Cola Issues Voluntary Recall of Select Beverages Over Safety Concerns

Eniola OladeleJanuary 28, 2025January 28, 2025

by Eniola OladeleJanuary 28, 2025January 28, 20250100

Coca-Cola has announced a voluntary recall of several of its beverages, citing safety concerns after discovering potential contamination in certain products. The global beverage giant...

BUSINESS International News

Microsoft in Talks to Acquire TikTok: Trump Weighs in on Potential Deal

Eniola OladeleJanuary 28, 2025

by Eniola OladeleJanuary 28, 2025080

In a significant development that could reshape the landscape of social media and tech, Microsoft is reportedly in talks to acquire TikTok, the popular video-sharing...

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