President Cyril Ramaphosa is expected to officially open and address the special-edition Sustainable Infrastructure Development Symposium South Africa (SIDSSA) in Cape Town this week, which will focus exclusively on Green Hydrogen. The South Africa Green Hydrogen Summit as the event is branded will be held in Cape Town at Century City, from Monday, until Wednesday. […]
Tag: Business and Finance
Government says it has noted Fitch’s decision to affirm South Africa’s long term foreign and local currency debt ratings at ‘BB-‘ and maintained a stable outlook. This comes after the rating agency on Friday had kept South Africa at sub-investment grade. According to Fitch, the affirmation takes into account the recent over-performance of revenue and […]
There is need for comprehensive reforms to create opportunities for all citizens so as to drastically reduce the level of inequality as well as the number of families who live in poverty. Rising poverty in any country is harmful to its citizens. As a reflection of how important poverty eradication is, the United Nations (UN) […]
The Hawks’ persistence to apprehend the Temporary Employer/ Employee Relief Scheme (TERS) funds fraudsters led to the arrest of a total of 16 suspects in the early hours of Sunday. Warrant Officer Bonnie Nxumalo said the suspects, aged between 23 and 57, were arrested in Gauteng and North West provinces respectively during an operation by […]
Cape Town — Tripartite Alliance Protests Janusz Walus’ Release The Kgosi Mapuru Correctional Centre will see protests this Thursday, led by the ANC and its alliance partners, against the release of Janusz Walus, the killer of Chris Hani in 1993, Eye Witness News reports. Gauteng Provincial leader Panyaza Lesufi said the party picketed outside the Constitutional […]
The suit was filed by SERAP, Eric Dooh (who is suing for himself as a leader of the Goi Community in Gokana Local Government Area of Rivers State, and on behalf of the Goi Community), and 15 other concerned Nigerians. The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the government of […]
Diversion, arbitrary pricing discovered There were indications, weekend, that the prolonged petrol shortage in Lagos, Ogun and environs is worsened by illegal practices, especially arbitrary pricing and diversion, to unauthorised locations. Checks by Vanguard showed that some independent oil marketers, who complained about the high cost of lifting the product at depots, have devised means […]
Meikles puts delisting from London Stock Exchange as special issue to be discussed during the firm’s annual general meeting on December 5 Meikles seeks approval to delist from London Stock Exchange. The proposal will be among key issues to be discussed during the firm’s annual general meeting (AGM) next month, according to a notice to […]
Successful implementation of the AfCFTA can boost trade and promote Africa’s economic recovery and growth Food security concerns and runaway inflation have compounded economic woes and threatened to slow down Africa’s economic recovery and growth. Africa seeks an entirely new economic growth path, capitalizing on the potential of its people and resources. The AfCFTA is […]
As the population of the world’s rich countries shrinks and ages, African nations are experiencing rapid growth. This could benefit African economies, and turn the continent into a burgeoning market. The world’s population now stands at a record 8 billion people, according to estimates from the United Nations. African nations, especially sub-Saharan countries, are the […]
Minister of Transportation, Mu’azu Jaji Sambo, weekend, expressed 90 per cent readiness over the commencement of the Abuja-Kaduna train services. The Minister spoke to journalists at the Rigasa train Terminal, in Kaduna shortly after a brief inspection of the Abuja, Idu train station and the Rigasa, Kaduna Terminal respectively. This was as he backtracked on […]
NIPCO Gas Ltd. has signed an agreement with the NNPC Gas Marketing Ltd. (NGML) and Lekki Free Zone Development Company (LFZDC) to build a gas pipeline. NIPCO Gas Ltd. has signed an agreement with the NNPC Gas Marketing Ltd. (NGML) and Lekki Free Zone Development Company (LFZDC) to build a gas pipeline. The gas pipeline, […]
He said six plants were being set up in the various regions to process mineral resources deposited in those regions. Nigeria has begun the process of refining gold, gemstones and other mineral resources in the six geo-political regions of Nigeria. The Minister of Mines and Steel Development, Olamilekan Adegbite, said this when he appeared on […]
Dubai’s DP World seeks to empower African traders on the global scale, provides a tool to monitor cargoes Africa’s trading environment and infrastructure are modernising as fast as the opportunities are presenting themselves. DP World seeks to transform trade in Africa partly through investing heavily in the digital infrastructure to help Africa keep up with […]
Many livestock farmers treat their animals with antimicrobial medications. These are drugs that target bacteria, viruses, fungi and parasites. But using them the wrong way can have unwanted results. Animals are known to develop resistance to the drugs. This resistance has knock-on effects on animal and human health. We wanted to find out whether this […]
Socio-Economic Rights and Accountability Project, SERAP, has sued President Muhammadu Buhari-led administration over the failure to probe the operations of illegal oil pipelines between 2001 and 2022, as well as name and prosecute those suspected to be involved. The suit was filed by SERAP, Eric Dooh, (who is suing for himself as a leader of […]
The Major Oil Marketers Association of Nigeria (MOMAN) and the Nigeria National Petroleum Company (NNPC) Limited have intensified collaboration to end the current nationwide scarcity of petrol across the country. This is as the oil marketers and petroleum depot operators, under the aegis of Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), has called […]
Tunis/Tunisia — The copper market in Kairouan governorate is facing collapse, as prices of raw materials keep on rising and customers are shying away. The age-old profession rings like music at the old city, with artisans’ hammers sounding and calling for buyers, but no one among the hundreds of bystanders responds. Artisan Kamal Sadafi, who […]