BUSINESS Archives - Page 4 of 23

Tech Selloff Deepens as DeepSeek Triggers AI Rethink: Investors Reassess the Future of Artificial Intelligence

Eniola OladeleJanuary 28, 2025January 28, 2025

by Eniola OladeleJanuary 28, 2025January 28, 2025076

The ongoing tech selloff has intensified in recent days, with a notable catalyst sparking renewed skepticism in the market: DeepSeek, a prominent player in the...

Actually, Canada Helps Make “Made in the USA” Possible

Eniola OladeleJanuary 27, 2025

by Eniola OladeleJanuary 27, 2025080

Donald Trump keeps saying the U.S.-Canada trade relationship is unfair and somehow costing Americans. Yet again, he’s not telling the whole story. Canada and the...

BUSINESS ECONOMY

Budget 2025: India Inc’s Achilles Heel – The Persistent MSME Credit Gap

Eniola OladeleJanuary 27, 2025

by Eniola OladeleJanuary 27, 2025071

As India prepares for its 2025 Budget, all eyes are on the government’s approach to addressing the credit gap faced by the country’s Micro, Small,...

BUSINESS ECONOMY

China’s January Manufacturing Activity Unexpectedly Contracts, Reaches Five-Month Low

Eniola OladeleJanuary 27, 2025

by Eniola OladeleJanuary 27, 2025061

China’s manufacturing sector experienced an unexpected contraction in January 2025, signaling a concerning slowdown in the world’s second-largest economy. The country’s manufacturing Purchasing Managers’ Index...

BUSINESS ECONOMY

Emerging Market Investors Seek Safe Haven in Frontier Assets Amidst Trump’s Tariff Threats

Eniola OladeleJanuary 27, 2025

by Eniola OladeleJanuary 27, 2025080

As global trade tensions escalate with the looming threat of increased tariffs under U.S. President Donald Trump’s administration, emerging market investors are increasingly looking to...

Agriculture BUSINESS

Unlocking South Africa’s Agricultural Potential: Strategies for Capitalizing on China’s Expanding Market

Eniola OladeleJanuary 24, 2025

by Eniola OladeleJanuary 24, 2025088

South Africa’s agricultural sector holds immense promise, and as the global demand for food and natural products continues to grow, the country is well-positioned to...

Africa BUSINESS Tourism

Brighton i360 £51M Debt Written Off to Facilitate Sale of Iconic Seafront Attraction

Eniola OladeleJanuary 24, 2025January 24, 2025

by Eniola OladeleJanuary 24, 2025January 24, 2025056

In a significant move to secure the future of the Brighton i360, the £51 million debt owed by the iconic seafront observation tower has been...

BUSINESS Health

AstraZeneca Commits $820 Million to Canada in Major Investment Boost for Research and Development

Eniola OladeleJanuary 24, 2025

by Eniola OladeleJanuary 24, 2025080

In a move that underscores Canada’s growing importance as a hub for innovation, global biopharmaceutical company AstraZeneca has announced a new investment of $820 million...

Africa BUSINESS ECONOMY

TotalEnergies Further Delays $20 Billion Mozambique LNG Project Amid Security Concerns, FT Reports

Eniola OladeleJanuary 22, 2025

by Eniola OladeleJanuary 22, 2025089

TotalEnergies has announced another delay in the development of its $20 billion liquefied natural gas (LNG) project in Mozambique, citing ongoing security concerns in the...

Africa BUSINESS ECONOMY

Juba Markets Slowly Revive Amid Tensions, but Many Shops Remain Closed

Eniola OladeleJanuary 22, 2025

by Eniola OladeleJanuary 22, 2025078

Markets in Juba, the capital of South Sudan, are gradually returning to life after weeks of disruption caused by ongoing insecurity and economic instability. While...

Africa BUSINESS

SA REITs Deliver 36% Returns in 2024, Merchant West Predicts Further Growth

Eniola OladeleJanuary 20, 2025

by Eniola OladeleJanuary 20, 2025078

South African Real Estate Investment Trusts (REITs) recorded impressive returns of nearly 36% in 2024, significantly outperforming other asset classes. Analysts at Merchant West anticipate...

Africa BUSINESS International News

South African Banks Under Parliamentary Investigation for Lending Practices

Eniola OladeleJanuary 17, 2025

by Eniola OladeleJanuary 17, 2025085

South African banks are set to come under intense parliamentary scrutiny as concerns grow over their credit lending practices. The Parliamentary Standing Committee on Finance...

Africa BUSINESS

Karooooo Sees Earnings Surge with Logistics Sector Boost

Eniola OladeleJanuary 15, 2025

by Eniola OladeleJanuary 15, 2025065

South African tech company Karooooo has reported significant growth in its earnings, driven largely by a surge in demand within the logistics sector. The company,...

Africa BUSINESS

China Considers Selling TikTok’s US Operations to Elon Musk, Bloomberg Reports

Eniola OladeleJanuary 14, 2025

by Eniola OladeleJanuary 14, 2025072

China is reportedly contemplating the sale of TikTok’s U.S. operations to billionaire entrepreneur Elon Musk, according to Bloomberg News. The potential sale comes amid mounting...

Africa BUSINESS Uncategorized

BizTrends 2025: Key Trends Shaping Local SMEs and Entrepreneurs*

Eniola OladeleJanuary 13, 2025

by Eniola OladeleJanuary 13, 20250107

As we look ahead to 2025, small and medium-sized enterprises (SMEs) and entrepreneurs are set to face new opportunities and challenges. These trends are poised...

Africa BUSINESS

Zimbabwe Scraps VAT on LPG, Prices Drop by 10%

Eniola OladeleJanuary 10, 2025

by Eniola OladeleJanuary 10, 2025099

In a move aimed at reducing energy costs for households and businesses, Zimbabwe has announced the removal of Value Added Tax (VAT) on Liquefied Petroleum...

Africa BUSINESS

Egypt and Medlog Sign Landmark Dry Port Deal to Boost Trade and Logistics

Eniola OladeleJanuary 10, 2025

by Eniola OladeleJanuary 10, 2025090

In a significant move aimed at enhancing Egypt’s logistics sector, the country has signed a key agreement with Medlog, a leading global logistics operator, to...

Africa Aviation BUSINESS

Kenya Airways to Resume Direct Flights to Angola, Strengthening Regional Connectivity

Eniola OladeleJanuary 9, 2025

by Eniola OladeleJanuary 9, 2025097

Kenya Airways, the national carrier of Kenya, is set to resume direct flights to Angola, marking a significant milestone in its efforts to enhance regional...

Africa BUSINESS ECONOMY

Ethiopia Launches New Stock Market to Attract Global Investors

Eniola OladeleJanuary 8, 2025

by Eniola OladeleJanuary 8, 20250132

In a historic move, Ethiopia has officially launched its own stock market, marking a significant milestone in the country’s economic transformation. The launch of the...

Africa BUSINESS

JSW Steel’s $50 Billion Mozambique Coal Deal Frozen Amid Ongoing Legal Dispute

Eniola OladeleJanuary 8, 2025

by Eniola OladeleJanuary 8, 2025082

JSW Steel’s monumental $50 billion coal deal in Mozambique has come to a standstill, as the company faces an escalating legal dispute. This deal, one...

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