Africa Business Daily

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What Is the New COVID-19 Strain That Shut Down London?

New York Magazine 21 Dec 2020

Scientists in South Africa have detected a strain that shares one of the mutations of the British coronavirus in up to 90 percent of samples that have been genetically sequenced since mid-November ... Daily news about the politics, business, and technology shaping our world....

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Susan Rice ’86 joins Biden administration as head of domestic policy

Stanford Daily 14 Dec 2020

In a letter to the campus community published in The Daily, a student group that the three students were a part of announced the establishment of “Free South Africa Fund,” after the Board of Trustees decided to divest only a small portion of their investments in companies doing business in South Africa....

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Emirates to introduce new Boeing 777 first class cabins on Middle East flights

The National 28 Nov 2020

Meanwhile, the business class seats are said to be inspired by the interior of a modern sports car ... The service will operate daily on what is the busiest route across the Middle East and North Africa ... It has been busy ramping up its special livery fleet with its Expo 2020 decal now on 40 of its aircraft....

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Rebuilding Lagos after the pandemic and plunder

Business Day Online 19 Nov 2020

This is the daily routine of hawkers in Lagos who, whatever the weather, walk and haggle on their stomping ground in search of their daily income ... the tenacity it takes to do business in Africa’s largest city and the how traffic congestion stunts the growth of small businesses ... It takes a can-do mentality to thrive as a business in Lagos....

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Employers bemoan regulators seen squeezing business

Business Day Online 26 Oct 2020

Nigerian employers who deal daily with inadequate infrastructure which raise business costs in Africa’s largest economy, now have the added burden of regulators whom they claim hurt companies already battered by decades of unfriendly business practices ... Naira stable as black market operators resume business....

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S. Africa's tourism losing over 18 mln USD daily without international tourists

Xinhua 21 Oct 2020

21 (Xinhua) -- South Africa's tourism industry was losing over R300 million (18.4 million U.S. dollars) daily due to the lacking of international tourists, said Tourism Business Council of South Africa (TBCSA)....

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Uber launches medicines delivery service in South Africa

CNN 16 Oct 2020

ride-hailing service Uber Technologies already has a lion's share of South Africa's $600 million food dispatching market ... "The nationwide lockdown and restriction in movement created an immediate need to accelerate our business in increasing the accessibility to daily essentials," general manager of Uber Eats South Africa Shane Austin told Reuters....

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Refugees in South Africa share acts of kindness with their hosts

UNHCR 13 Oct 2020

Like so many families in South Africa, the child’s family relied on a daily wage from small businesses that were forced to close under the lockdown ... Regina, a South African beneficiary of food parcels distributed by the Somali business community, poses in Pretoria, South Africa....

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Nigerian stock exchange remains resilient despite macroeconomic headwinds – Onyema

Business Day Online 10 Sep 2020

Onyema, who spoke at the Investing and Capital Market Conference BusinessDay, organised by West Africa’s leading business and financial daily, said both domestic and retail investors now control 60 percent of investment in the exchange compared to an average of 51 percent seen some four years ago....

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CBN gives official node to telecom operators to offer mobile money service

Business Day Online 04 Sep 2020

West Africa’s most authoritative business daily, a diversified provider of superior business, financial and management intelligence across all platforms ... ....

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The Durban July might be on, but eThekwini's tills will not ring this year

Independent online (SA) 17 Jul 2020

Charles Preece, Federated Hospitality Association of Southern Africa (Fedhasa) East Coast operational manager, said ... Looking beyond the VDJ, the Tourism Business Council of South Africa (TBCSA) said there was a daily R748 million loss of tourism expenditure and the further permanent loss of jobs ... Daily News ....

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Beyond COVID-19: Assessing our new realities

Business Day Online 07 Jul 2020

For Africa’s ... Worthy of note is the possibility of a W-Curve denoting the resurgence of the virus as a pointer to a second and more stringent lockdown measures connoting that businesses must build resilience and prepare for long-term remote working to sustain daily operations....

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SA PROPERTY: Is this the time to buy? Or should you wait

Independent online (SA) 12 Jun 2020

“South Africa already had a recession and a mildly correcting property market prior to 2020 ... Less talked about, though, is how technology has been shown to reduce the need for business travel. The lockdown period has shown many daily business travel trips and hotel stays within South Africa to be time and cost inefficient, and un-necessary....