South Africa has cancelled a deal to sell a stake in its national airline after failing to agree on the value and other terms with a consortium of private investors.…
Category: Business News
Australia: Farm grows world’s biggest blueberry
An Australian farm has broken the record for the world’s largest blueberry with a fruit the size of a ping pong ball. Harvested in November and stored in the freezer…
Kenya: Agency denies hiring TV anchor cleared of murder
Kenya’s Civil Service Personnel Authority has denied reports that it has hired a popular former television presenter who was recently acquitted of murder charges. Civil Service Minister Moses Kuria told…
UK: Authorities to ban foreign state ownership of newspapers
Foreign governments will be prohibited from owning British newspapers and news magazines, the government said. This follows criticism of the planned takeover of the Daily Telegraph and Spectator newspapers by…
USA: Marlboro cigarette maker sells $2.2bn stake in Bud Light beer owner
Marlboro cigarette maker Altria Group has announced it will sell more than $2.2bn (£1.7bn) of its stake in AB InBev, which owns the Bud Light and Stella Artois beer brands.…
Sierra Leone: Idris Elba to change stereotypes about Africa with smart city
Film star Idris Elba, who is leading a smart city initiative in Sierra Leone, says he took on the project to change stereotypes about Africa. Mr Elba is building an…
Nigeria: Binance begins to cut off Naira transactions
Binance, the world’s largest cryptocurrency company, has begun suspending all transactions involving Nigeria’s local currency amid an ongoing dispute with authorities. The Nigerian government accused the company of manipulating exchange…
USA: Federal appeals court dismisses suit over child labour in DR Congo mines
A U.S. federal appeals court has dismissed a lawsuit alleging that five major technology companies were involved in the use of child labour in cobalt mining in the Democratic Republic…
Tanzania: Bloc dismisses fake East African common currency
The Secretariat of the East African Community (EAC) regional bloc has rejected a post on X (formerly Twitter) claiming that the bloc’s member states have adopted a common regional currency.…
Spain: Farmers demand more help over drought
Hundreds of farmers from Catalonia have travelled to the region’s capital to air their grievances, especially over the climate. “We’re in a complete drought right now,” says Xavier Oliva, an…