Rising riots in Goma hinder cross-border trade
Movement between the two border posts between Rwanda and DR Congo in Rubavu District was brought to a standstill by riots in the Congolese border...
Category : Business News
Mexico’s president says no to Brazil-Argentina common currency
Mexican President Andres Manuel Lopez Obrador said Tuesday that his country will not join a common currency project planned by Brazil and Argentina. Speaking at...
Nigeria: Senate asks CBN to extend old naira notes till July 31
The Senate on Tuesday again urged the Central Bank of Nigeria (CBN) to extend the use of old Naira notes till July 31, 2023. This...
Bird statue fetches $100,000 as Musk auctions Twitter HQ items
A Twitter bird statue fetched $100,000 on Wednesday as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm’s downtown San...
OPEC leaves oil-demand forecast unchanged
The Organization of Petroleum Exporting Countries (OPEC) kept global oil demand growth unchanged for 2023. According to OPEC’s most recent monthly oil market report published...
South Africa’s President Cyril Ramaphosa skips Davos because of power crisis at home
South African President Cyril Ramaphosa will not be attending the World Economic Forum (WEF) in Davos due to the ongoing energy crisis in the country,...
FTX: Collapsed crypto giant recovers over $5bn of assets
Collapsed cryptocurrency exchange FTX has located more than $5bn (£4.1bn) of assets, an attorney for the firm says. However, a US bankruptcy court was told...
Akinwumi Adesina sworn-in as AfDB President for another term
Dr. Akinwumi Adesina on Tuesday was sworn in as President of the African Development Bank (AfDB), to serve another five-year term. The swearing-in ceremony, which took...
Safaricom appoints Michael Joseph as New Board Chairman
Michael Joseph has been appointed as the new Safaricom board chairman, replacing the long-serving Nicholas Ng’ang’a, who has retired. The move is part of a...