Standard Bank, Africa’s biggest lender by assets, on Thursday reported a 4% jump in annual profit and forecast headline earnings per share (HEPS) growth of 8%-12% in the medium term. The South ...
South Africa’s SPAR Group is planning a chain of about 30 to 40 high-end grocery stores, with the first set to open in the fourth quarter of this year, an executive said on Thursday, as the retailer ...
The United Nations World Food Programme said on Friday it would halt food and nutrition assistance to more than 2 million ...
Nigeria’s state oil company NNPC Ltd has begun discussions with the Dangote Oil Refinery to extend its contract for supplying crude oil in the naira currency, the company said. The original six-month ...
The United Nations’ World Food Programme, which gets much of its funding from the United States, is closing its southern African bureau, a communications officer said on Monday. The WFP’s decision was ...
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Nigerian competition agency sues MultiChoice over price hikeNigeria’s competition commission is suing the local unit of MultiChoice Nigeria Limited, Africa’s biggest pay television company, and its chief executive, John Ugbe, for violating regulatory ...
South Africa’s FirstRand Ltd FSRJ.J on Thursday posted a 10% rise in first-half earnings, helped by topline growth and stronger overall credit performance. Its normalised earnings rose to 20.9 billion ...
A MultiChoice logo is displayed outside the company ... pay a total tax amount of about $37.3 million. Get the best of CNBC Africa sent straight to your inbox with breaking business news ...
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