Ethiopian Airlines has announced plans to buy 11 Airbus planes, a day after it purchased 31 Boeing aircraft, AFP news agency reports. It is regarded as Africa’s most successful airline,…
Category: Business News
Uganda: MPs approve bill ending oil imports through Kenya
Uganda’s parliament on Tuesday passed a bill allowing the state-owned oil company Uganda National Oil Company (Unoc) to source and supply oil to the domestic market. If approved by President…
Nigeria: Unions call for a nationwide strike
Nigeria’s two biggest labour unions have asked their members to go on strike and stay at home from Tuesday as they embark on indefinite nationwide action. This is despite a…
India: Race to save 40 workers trapped in collapsed tunnel
Authorities in the northern Indian state of Uttarakhand are racing to rescue around 40 workers who are trapped inside a collapsed tunnel. The workers were building the tunnel when a…
Nigeria: High Court grants bail to former central bank governor Godwin Emefiele
A court in Nigeria has ordered the release of former central bank governor Godwin Emefiele, who has been in detention since June, on bail. “There must be an end to…
Malawi: Kwacha 44% drop in value against major currencies
Malawi’s currency has lost nearly half its value against the US dollar, sparking concerns from some consumers in the southern African country that basic goods will soar in price. Others…
Nigeria: Commuters appreciate the Lagos train
Judging by the crowds cramming on to the trains at rush-hour, Lagos’s new light rail service – linking the island to the mainland – is a big hit. Other commuters…
USA: Robert De Niro’s company must pay former assistant $1.2m
Robert De Niro’s company must pay a former employee $1.2m (£982,000) over claims of gender discrimination and retaliation. The jury decision ends a years-long legal battle between the actor and…
Australia: Ten million affected by Optus mobile network failure
Millions of Australians were left without mobile and internet after a network failure at telecoms firm Optus. The failure caused transport delays, cut hospital phone lines, and shut down payment…
UK: Kenyan Tea pickers’ Scottish compensation case on hold
Appeal judges have halted a compensation case brought by Kenyan tea pickers against their employer in Scotland’s highest civil court. James Finlay Kenya Ltd (JFK) is fighting the multi-million dollar…