November 11, 2022/Fitch Ratings Fitch Ratings has downgraded Nigeria’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-‘ from ‘B’. The Outlook is Stable. A full list of rating actions is at the end of this rating action commentary. Key Rating Drivers High Debt Service Drives Downgrade: The downgrade to ‘B-‘ […]

This 5G launch will further support innovation and digital inclusion in the country November 11, 2022/Orange Orange Botswana is the first Orange affiliate in Africa to launch 5G commercially; The 5G network will be available in greater Gaborone and Francistown, covering 30% of the population from the 11th November 2022; New […]

November 9, 2022/United Capital Research The Federal Inland Revenue Service (FIRS) recently released a public notice highlighting that effective Jan-2023, in line with the 2004 Value Added Tax (VAT) Act, MTN Nigeria, Airtel Africa and all Deposit Money Banks (DMBs) are appointed to withhold or collect VAT charged on all […]