News

Egyptian Exchange launches new index for government bonds
  • 03 August 2021
  • News

The Egyptian Exchange (EGX) will launch, on Tuesday, a new index for the listed treasury bonds.The new index includes the most liquid bonds on the stock market, while the market value of the bond will...

Egypt’s bank deposits in local currency increase by EGP 376.1bn during H1 2021
  • 03 August 2021
  • News

Egypt’s bank deposits in the local currency increased by EGP 376.104bn to EGP 4.036trn during the first half (H1) of 2021, compared to EGP 3.660trn in H2 2020, according to the Central Bank of Egypt (...

Egypt : Luxor receives first charter flights from Spain, France since resumption of tourism in July 2020
  • 03 August 2021
  • News

On Saturday evening, Luxor received the first charter flight from Spain after 17 months of suspension.International flights at all Egyptian airports nationwide were suspended on 19 March 2020 as part...

Egypt : Orange Egypt Sponsors “Maker Faire Cairo 2021”
  • 03 August 2021
  • News

As part of its commitment to support digital manufacturing, entrepreneurship, and innovators community, Orange Egypt has announced its sponsorship to “Maker Faire Cairo 2021” for the 6th year in a row...

Egypt : CONNECT-PS develops Information Technology Center at General Petroleum Corporation
  • 03 August 2021
  • News

CONNECT Professional Services (CONNECT-PS), the Egyptian company specialized in information and communication systems services, has announced that it will implement the expansion and modernization pro...

Nigeria : Senegal Seeks Nigeria’s Support To Develop Oil, Gas Sector
  • 03 August 2021
  • News

The Minister of State for Petroleum Resources, Chief Timpre Sylva, has commended the effort of the Senegalese government in seeking Nigeria’s support for the development of its oil and gas sector.Sylv...

Nigeria : Entrepreneurship: Funding Your Business (IV)
  • 03 August 2021
  • News

Over the last three weeks, we have discussed the typical uses of funds in a business as well as the major types and sources of funds. In this concluding part of ‘Funding Your Business’, we will discus...

Nigeria : Petroleum Marketers Fret Over Harassment
  • 03 August 2021
  • News

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has said it will suspend distribution of products in the East from today over alleged harassment by the police.The strike notice was...

Nigeria : NAHCO Posts N2.3bn Profit For 2020
  • 03 August 2021
  • News

The Nigerian Aviation Handling Company Plc (nahco aviance) and its subsidiaries earned N2.3 billion as gross profit in 2020 against N3.3bn earned in 2019 operating year, indicating about 30 per cent d...

Nigeria : How To Access Forex, Banks Notify Customers
  • 03 August 2021
  • News

Some commercial banks have confirmed they are beginning to set up foreign exchange (forex) desks at every branch following a directive from the Central Bank of Nigeria (CBN) last week.CBN had on Tuesd...

South Africa : Here are some of the major developments planned for South Africa – including car factories and new borders
  • 03 August 2021
  • News

Nedbank has published its fixed investment report for the first half of 2021, detailing some of the major developments announced for South Africa.The bank noted that fixed investment was exceptionally...

South Africa : Eskom says Medupi is finally complete
  • 03 August 2021
  • News

Eskom has announced that Unit 1, the last of six generation units at Medupi has attained commercial operation status.“This milestone marks the completion of all building activities on the 4,764MW proj...

South Africa : Absa announces new looting relief for customers – what you need to know
  • 03 August 2021
  • News

Absa has announced relief measures for individual and business customers impacted by the July riots and civil unrest in South Africa.In a statement on Monday (2 August), the bank said it has been asse...

South Africa : SARS is using new tech to go after tax dodgers
  • 03 August 2021
  • News

South African Revenue Service (SARS) commissioner Edward Kieswetter says that his team is ready to offer support to taxpayers impacted by Covid-19 and the recent looting – but warned that the tax coll...

South Africa : Invest $500,000 USD in the U.S. economy and your family can live in the U.S.A.
  • 03 August 2021
  • News

Optimism is an understatement; numerous experts predict historic growth for the U.S. economy in 2021 and beyond:S&P Global Ratings raves about the U.S. forecast: “The economy is sizzling. A b...

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