BUSINESS Archives - Page 4 of 25

Standard Bank targets 10% East Africa retail share as corporate growth stalls

Eniola OladeleMarch 12, 2025

by Eniola OladeleMarch 12, 2025083

East Africa’s retail banking market has seen impressive growth in recent years, driven by rising incomes, urbanization, and an increasing number of individuals entering the...

Women in Business: Jane Karuku Leading the Charge at East African Breweries

Eniola OladeleMarch 12, 2025

by Eniola OladeleMarch 12, 2025072

Jane Karuku, the Managing Director of East African Breweries Limited (EABL), is a trailblazer in the corporate world, reshaping the landscape of business leadership in...

Aviation BUSINESS

Kenya Airways Announces Plan to Repay $150 Million to Treasury by Mid-2025 Amid Ongoing Debt Restructuring Efforts

Eniola OladeleMarch 11, 2025

by Eniola OladeleMarch 11, 20250118

Kenya Airways, the national carrier of Kenya, has unveiled plans to repay a $150 million debt to the Kenyan Treasury by mid-2025. The repayment is...

Aviation BUSINESS

Delta Air Lines Stocks Tumble Amid Cut in Profit Forecast: Airline Faces Financial Setback Due to Rising Costs and Weakening Travel Demand

Eniola OladeleMarch 11, 2025

by Eniola OladeleMarch 11, 2025070

Delta Air Lines (DAL) saw its stock price take a significant hit on Monday after the airline slashed its profit forecast for the upcoming quarter....

BUSINESS TECHNOLOGY

Microsoft to Invest $300 Million in South Africa’s AI Infrastructure, Boosting Tech Development and Innovation

Eniola OladeleMarch 6, 2025

by Eniola OladeleMarch 6, 20250100

In a groundbreaking move that promises to transform South Africa’s technological landscape, Microsoft has announced a major investment of $300 million aimed at enhancing the...

Aviation BUSINESS

GlobalX: Strategic Shifts and Robust Demand Propel Growth in 2024

Eniola OladeleMarch 6, 2025March 6, 2025

by Eniola OladeleMarch 6, 2025March 6, 2025079

As 2024 unfolds, GlobalX, a prominent player in the global logistics and transportation sector, is positioning itself for a year of transformative growth. With a...

BUSINESS TECHNOLOGY

Bytes Technology Group Paves the Way for South African Investors to Access Global Tech Markets

Eniola OladeleMarch 5, 2025

by Eniola OladeleMarch 5, 2025071

In a rapidly changing global economy, the demand for tech investments has never been higher. South African investors are increasingly seeking opportunities to diversify their...

Aviation BUSINESS

Mauritania Expands Aviation Portfolio with Registration of Gulfstream GIV-SP

Eniola OladeleMarch 5, 2025

by Eniola OladeleMarch 5, 2025071

Mauritania has further cemented its growing presence in the aviation industry with the registration of a Gulfstream GIV-SP, marking a significant milestone for the country’s...

BUSINESS TECHNOLOGY

Tech Sector Urged to Hand African Women the Reins of Power to Drive Innovation and Inclusivity

Eniola OladeleMarch 5, 2025

by Eniola OladeleMarch 5, 2025083

In recent years, the call for diversity and inclusion has become a central theme in global business, especially in industries such as technology. As the...

Africa BUSINESS

Azerbaijan and Somalia Forge New Partnership with MoU on Oil and Gas Cooperation

Eniola OladeleFebruary 27, 2025

by Eniola OladeleFebruary 27, 2025098

In a significant development for global energy relations, Azerbaijan and Somalia have signed a Memorandum of Understanding (MoU) aimed at enhancing bilateral cooperation in the...

Africa BUSINESS

Shoprite Joins Standard Bank UCount Programme After FNB Drops It from eBucks

Eniola OladeleFebruary 27, 2025

by Eniola OladeleFebruary 27, 2025075

In a significant shift within South Africa’s rewards and loyalty programme landscape, Shoprite has announced its partnership with Standard Bank’s UCount Rewards programme, following its...

Aviation BUSINESS

Australian Government Approves Qatar Airways 25% Stake in Virgin Australia

Eniola OladeleFebruary 27, 2025

by Eniola OladeleFebruary 27, 2025091

In a landmark decision that will reshape the competitive dynamics of Australia’s aviation industry, the Australian government has granted approval for Qatar Airways to acquire...

Aviation BUSINESS

Canadian North to Be Acquired by Exchange Income Corporation in Strategic Expansion Move

Eniola OladeleFebruary 26, 2025

by Eniola OladeleFebruary 26, 2025075

In a significant move within the Canadian aviation sector, Exchange Income Corporation (EIC) has announced its agreement to acquire Canadian North, a leading provider of...

Africa BUSINESS

Fostering Productive Conflict: Transforming Workplace Tensions into Collaborative Success

Eniola OladeleFebruary 25, 2025

by Eniola OladeleFebruary 25, 2025082

Tension and disagreement are inherent to any workplace, but not all conflict is created equal. While unhealthy conflict can erode trust and stifle progress, healthy...

BUSINESS TECHNOLOGY

MDPMI Provisional Report Takes Aim at Tech Giants, Calls for Greater Accountability and Regulation

Eniola OladeleFebruary 25, 2025

by Eniola OladeleFebruary 25, 2025081

In a bold move that could reshape the global tech landscape, the provisional report from the Multi-Dimensional Policy and Monitoring Institute (MDPMI) has heavily criticized...

Aviation BUSINESS

Flydubai Reports Strongest Financial Results in Its 15-Year History

Eniola OladeleFebruary 25, 2025

by Eniola OladeleFebruary 25, 2025088

Flydubai, the Dubai-based airline, has announced its strongest financial performance since its inception 15 years ago, marking a major milestone in its journey. The airline...

BUSINESS International News

Prosus to Acquire Just Eat Takeaway.com for €4.1 Billion: A New Era in the Global Food Delivery Industry

Eniola OladeleFebruary 24, 2025

by Eniola OladeleFebruary 24, 2025095

In a groundbreaking move set to reshape the global food delivery landscape, Dutch multinational technology investor Prosus has announced its acquisition of Just Eat Takeaway.com...

Aviation BUSINESS

Singapore Airlines Reports Record Q3 Net Profit, Boosted by Air India-Vistara Merger

Eniola OladeleFebruary 24, 2025

by Eniola OladeleFebruary 24, 2025098

Singapore Airlines (SIA) has announced a substantial increase in its net profit for the third quarter of the financial year 2024/25, more than doubling to...

Africa BUSINESS

Niger Strongly Supports Dasa Uranium Project, But Financing Talks Continue

Eniola OladeleFebruary 21, 2025

by Eniola OladeleFebruary 21, 2025092

Niger’s government has expressed strong support for the Dasa Uranium Project, a significant mining venture that promises to bolster the country’s position in the global...

Aviation BUSINESS

SalamAir Plans Ambitious Expansion, Seeks 10 Additional Airbus A320s to Enhance Fleet and Regional Connectivity

Eniola OladeleFebruary 21, 2025

by Eniola OladeleFebruary 21, 20250176

Oman’s leading budget airline, SalamAir, has unveiled an ambitious plan to expand its fleet with the addition of 10 new Airbus A320 aircraft, marking a...

Newsletter