Business

19 COMESA countries to benefit from Microsoft collaboration

  The Common Market for Eastern and Southern Africa (COMESA) and Microsoft have signed a Memorandum of Understanding (MoU), setting areas of collaboration in access...

Nigeria telecom giant MTN fined a record $5.2bn

  Telecom giant MTN Nigeria has been fined a record $5.2bn by Nigeria's Communications Commission (NCC). MTN was fined for non-compliance with a deadline set by...

Ortega is now world’s richest man

  Zara clothes line tycoon Amancio Ortega is now the world’s richest man, taking over Microsoft boss Bill Gates. According to Forbes, the rags-to-riches Spanish billionaire...

Bank of Uganda takes over Imperial Bank

  The central Bank of Uganda has taken over the management of the Kenyan owned Imperial Bank Uganda Ltd. According to Prof. Emanuel TumusimeMutebile, the Governor...

Dangote expands ‘cement empire’ to Tanzania

PRESIDENT Jakaya Kikwete and his Nigerian counterpart, Muhammadu Buhari have described business mogul, Aliko Dangote, as Africa’s economic stimulant whose investments have improved economic stability and standard...

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