At least 32 people have been killed following a fire at a mine in Kazakhstan, owned by steel giant ArcelorMittal. The blaze came on the same day as a deal…
Category: Business News
Tanzania: AUthorities sign the contested port deal with UAE firm
Tanzania has signed a 30-year port management agreement with the United Arab Emirates (UAE), despite opposition to the deal. Under the agreement, Dubai Port (DP) World will run four berths…
China: TikTok says action taken on Israel conflict videos
TikTok has said it “immediately” took action to counter misinformation after the EU warned the platform following the attack by Hamas on Israel. The EU called on TikTok boss Shou…
Australia: Authorities fine X for failing to crack down on child abuse content
Australia internet safety watchdog has slapped a A$610,500 ($386,000; £317,360) fine on Elon Musk’s X for failing to cooperate with a probe into anti-child abuse practices. It comes after Mr…
South Africa: Authorities uncovers coal-smuggling ring
The South African authorities say they have uncovered a coal-smuggling syndicate that has played a major role in exacerbating the country’s energy crisis. The South African Revenue Service (Sars) led…
Burkina Faso: Russia to build nuclear plant to meet Burkina Faso’s energy needs
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…
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A Kenyan publisher has withdrawn a school book that included a drawing depicting Prophet Muhammad following an outcry by Muslim leaders and parents.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…