Business News

Telkom and Business Connexion launch BCX, Africa’s Premier End-to-end ICT Solutions Provider

March 15, 2017/BCX Organisations that do not embrace digitalisation and transform accordingly, run the risk of becoming redundant to their customers. In light of this, Telkom and Business Connexion have announced the launch of BCX (www.BCX.co.za), Africa’s premier end-to-end information communication technology (ICT) solutions provider. This new brand, built from […]

Abu Dhabi’s Etisalat could sell Nigerian unit stake after debt deal -sources

March 13, 2017/Reuters Abu Dhabi-listed Etisalat is considering a sale of its stake in Etisalat Nigeria after the local unit defaulted on a $1.2 billion loan payment but wants the unit’s debt restructured before it starts the sale process, two sources told Reuters. Etisalat is due to meet with local […]

Tanzania gives coal mining licence to Dangote after president’s order

March 13, 2017/Reuters By Fumbuka Ng’wanakilala DAR ES SALAAM (Reuters) – Tanzania has awarded a coal mining licence to the local unit of Nigeria’s Dangote Cement as part of plans to lower the company’s production costs and ease disruptions caused by energy shortages. The cement maker suspended output in December, […]