Economy

Safaricom to launch commercial 5G network in 2022

Safaricom will increase its fifth-generation (5G) sites to 200 by the end of the year and commercialise the super-fast services in 2022.

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Talks with IMF progressive: Zambia

Zambia's Finance Minister says talks with the International Monetary Fund (IMF) are "very progressive".

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Ethiopia, Kenya agree for free trade area

Ethiopia and Kenya have finally sealed a deal for a free trade area projected to make cross-border business dealings easier.

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SA Reserve Bank keeps rates on hold, revises growth higher

The South African Reserve Bank has kept the repo rate unchanged at 3.5%, in line with economists' expectations.

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SAA returns to the skies

The new South African Airways (SAA) flights have returned to the skies after being grounded since 2020.

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Vodacom Tanzania set to connect 90% of population with broadband

Vodacom Tanzania is eyeing to connect at least 90% of the Tanzania population with broadband Internet by 2024 as part of the telco’s rural coverage expansion drive.

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SA to expedite Covid-19, cancer vaccine development

Dr Patrick Soon-Shiong, the Founder of the multinational conglomerate, NantWorks, has partnered with local universities to improve research into diseases.

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Namibia detects a new strain of foot-and-mouth disease

Namibia has detected a new strain of foot-and-mouth disease (FMD) in the country that has infected thousands of cattle, the Agriculture Minister said in a statement on Thursday.

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Liberia fines steel firm for bad labour practices

Liberia has found a multinational steel company guilty of bad labour practices and ordered it to pay more than $300 000 in compensation to close to 500 former workers.

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Evergrande seeks to reassure retail investors as key debt deadline looms

China Evergrande Group will make it a top priority to help retail investors redeem their investment products sold by the indebted property giant, its Chairperson said, as uncertainty looms over interest payment due for a Dollar bond on Thursday.

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