Burkina Faso’s military leaders have signed a deal with Russia to build a nuclear power plant to increase electricity supplies. It is the leadeship’s latest move to align itself with…
Category: Business News
USA: Microsoft in $29bn back taxes dispute
Microsoft has said it will contest a US tax authority’s request to pay an additional $28.9bn (£23.5bn) in back taxes for the years 2004 to 2013. The Internal Revenue Service…
Kenya: Publisher recalls book after uproar over Prophet Muhammad image
A Kenyan publisher has withdrawn a school book that included a drawing depicting Prophet Muhammad following an outcry by Muslim leaders and parents. They complained that it was blasphemous to…
Burundi: Ex-central bank chief arrested over money laundering accusations
Burundi’s sacked central bank governor has been arrested on suspicion of money laundering and misappropriation of public assets. The charges against Dieudonné Murengerantwari are “provisional” pending the outcome of investigations,…
Ghana: Central bank lost $5bn in one year
Ghana – once touted as a trailblazing African economic success story – is facing an unprecedented financial crisis. This week, hundreds of protestors took to the streets in the capital…
Israel: American tourist arrested for smashing Israel Museum statues
An American tourist has been arrested for allegedly smashing sculptures in the Israel Museum in Jerusalem. Images shared by Israeli police show the two ancient Roman statues, dating from the…
China: TikTok testing out advert-free monthly subscription
TikTok is testing a new monthly subscription which would get rid of adverts on the video sharing site. The Chinese firm is trying out the service in an English-speaking market…
Vienna: Opec+ leader projects growth in oil demand
Demand for oil will continue to grow and remain “resilient” this year, according to the secretary general of Opec+. Opec+ is a group of 23 oil-exporting countries which decides how…
UK: Abercrombie & Fitch ex-CEO accused of exploiting men for sex
The ex-CEO of Abercrombie & Fitch and his British partner face allegations of exploitation from men recruited for sex events they hosted around the world. A BBC investigation found a…
Nigeria: Unions suspend wage strike
Nigeria’s two largest labour unions have suspended an indefinite strike that was due to start on Tuesday to demand higher wages to help offset the cost of living crisis.. It…