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Day: July 6, 2023

Why DSE Trade Dropped Significantly in the First Half of 2023.
Africa

Why DSE Trade Dropped Significantly in the First Half of 2023.

The first half of 2023 saw a decline in trading and liquidity at the Dar es Salaam Stock Exchange (DSE)…

byakintundeJuly 6, 2023July 6, 2023
Despite the impact of DDEP, Société Générale Ghana reports GHS 109M in profit in 2022.
Africa

Despite the impact of DDEP, Société Générale Ghana reports GHS 109M in profit in 2022.

Société Générale Ghana Plc has reported a profit after tax of GHS 109 million for the year 2022, representing a…

byakintundeJuly 6, 2023July 6, 2023
State Intends to Issue a Water Bond Following a Failed Initial Attempt.
AfricaBusinessCommodities

State Intends to Issue a Water Bond Following a Failed Initial Attempt.

Nearly half of the water supplied in Kenya is unmetered, resulting in a significant loss of revenue for water companies…

byakintundeJuly 6, 2023July 6, 2023
The World Bank Endorses Kenya’s New Digital Tariffs.
Market

The World Bank Endorses Kenya’s New Digital Tariffs.

The World Bank has expressed its support for Kenya’s efforts to expand the reach of taxation in the digital marketplace.…

byakintundeJuly 6, 2023July 6, 2023
Safaricom Considers Venture Companies in its Acquisitions Push.
AfricaBusiness

Safaricom Considers Venture Companies in its Acquisitions Push.

Safaricom, the leading telecommunications company in Kenya, plans to establish two venture capital firms in order to invest in promising…

byakintundeJuly 6, 2023July 6, 2023
Expert: Inter-agency Conflict Harming the Cocoa Business.
Local

Expert: Inter-agency Conflict Harming the Cocoa Business.

Ayo Akinola, a Technical Expert to the Federal Ministry of Industry, Trade, and Investment on the National Cocoa Plan, has…

byakintundeJuly 6, 2023July 6, 2023
Subsidy: NNPC will Reconcile its N2.1 trillion Deduction with FAAC.
Business

Subsidy: NNPC will Reconcile its N2.1 trillion Deduction with FAAC.

The Nigerian National Petroleum Company (NNPC) Limited has stated that it will reconcile subsidy deductions with the federation, following a…

byakintundeJuly 6, 2023July 6, 2023
Telecoms Investments Hit $76bn, 5G Subscriptions Now 60,000 ­­— NCC
Business

Telecoms Investments Hit $76bn, 5G Subscriptions Now 60,000 ­­— NCC

Investments in the Nigerian telecommunications sector have reached $75.6 billion as of the end of 2021, according to the Executive…

byakintundeJuly 6, 2023July 6, 2023
The FG has Threatened to Penalize Bad Carbon Dealers.
Local

The FG has Threatened to Penalize Bad Carbon Dealers.

The Federal Government of Nigeria has issued a warning to carbon emission reduction traders who are trading without authorization. Carbon…

byakintundeJuly 6, 2023July 6, 2023
Terminal Operator Raises Import Car Tariffs by 36%
Local

Terminal Operator Raises Import Car Tariffs by 36%

Ports & Terminal Multipurpose Limited (PTML) has announced a 36% increase in tariff for imported vehicles, effective from July 1.…

byakintundeJuly 6, 2023July 6, 2023

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