Latest Business News

Vodacom to hold 100% of new South African tower subsidiary

Vodacom Group will retain full ownership of a new subsidiary that will…

Kenya: Nyumba Kumi elders, chiefs to monitor maize flour prices to ensure compliance countrywide

Nyumba Kumi elders and chiefs will monitor maize flour prices across the…

IMF’s bitter pill for President Uhuru Kenyatta’s successor

President Uhuru Kenyatta’s successor faces a headache after the International Monetary Fund…

Ghana’s international reserves stands at $7.6bn ending June 2022

This is based on Bank of Ghana document seen by Joy Business…

FG estimates fuel subsidy payment of N6.72 trillion for 2023

The Nigerian Government has announced that assumes that the subsidy on petrol…

Snap’s Q2 net loss rises 178% to $422 million

Snap Inc. reported on Thursday that its revenue rose by 13% year…

ECB can’t ‘miraculously’ lower prices – Kazimir

Member of the European Central Bank's Governing Council Peter Kazimir (pictured) asserted…

Kenya vows to punish any who flout maize flour price cut

The Kenyan government says it will arrest, prosecute and charge anyone found…

South Africa’s Central Bank raises rate more than forecast

South Africa’s central bank raised its main lending rate more than expected…

European Central Bank raises rates by 50 basis points, its first hike in 11 years

The European Central Bank on Thursday increased interest rates for the first time in…