The Department of Public Enterprises (DPE) has announced an interim six-member South African Airways (SAA) board as the airline prepares to relaunch in 2021.
When the Ghanaian government agreed to coordinate with Shenzen Energy Group, a Chinese energy company, to build a 7,000-megawatt coal power plant in the country's Ekumfi district, Chibeze Ezekiel was concerned.
The total market capitalisation of firms listed at the Uganda Securities Exchange fell to Ush4.27 trillion ($1.15 billion) in 2019/20, from Ush4.91 trillion ($1.32 billion) in 2018/19.
There is hope for Nigeria to recover from its current economic recession which is widely seen as the worst recorded by the West African nation in almost four decades, said local experts.
Nigeria, Africa's biggest economy, entered recession for the second time in four years, after a contraction in its gross domestic product for a second consecutive quarter.
Tullow Oil PLC (Tullow) is pleased to announce that the sale of its assets in Uganda to Total has completed with US$500 million consideration received earlier today.
