CNBC Africa12h
South Africa’s SPAR plans chain of up to 40 high-end grocery stores
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 ...
CNBC Africa16h
Standard Bank’s annual profit rises, forecasts growth in medium term
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 ...
CNBC Africa1d
South Africa to remove luxury duty on lower value smartphones
South Africa’s government has proposed to remove the luxury excise duty on smartphones worth below 2,500 rand ($136.37) from ...
Equator closes $55M fund to bring more private capital to African climate tech
Equator, a climate tech VC firm, closes first fund at $55 million to support seed and Series A startups in energy, ...
CNBC Africa2d
Nigeria’s NNPC, Dangote Refinery in talks to extend naira-based crude supply deal
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 ...
CNBC Africa3d
WFP calls for urgent funding to prevent food aid halt in West, Central Africa
The United Nations World Food Programme said on Friday it would halt food and nutrition assistance to more than 2 million ...
CNBC Africa7d
Nigerian competition agency sues MultiChoice over price hike
Nigeria’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 ...
CNBC Africa10d
UN’s food agency WFP closes southern African bureau
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 ...
CNBC Africa14d
Focus On: How She’s Next Initiative is empowering women-led businesses in South Africa
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CNBC Africa14d
S&P: Growth & reform momentum in Africa drove ratings up in 2024
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CNBC Africa14d
UNDP on the role of multilateral institutions in improving Africa's debt reforms
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CNBC Africa14d
Unlocking the potential of fintech for inclusive growth in Africa
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