Newscast - Africa

Newscast - Africa

We bring you various leading news from across Africa, on business, economy, market, and politics. Towards A Profitable Africa.

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South African President Cleared Over Farm Theft 

South African President Cleared Over Farm Theft 

South Africa's anti-corruption watchdog says there is no evidence of wrongdoing by President Cyril Ramaphosa linked to the theft of $580,000 in cash from his farm. The public protector, Kholeka Gcalek...

13 Maalis 202356s

Malawi Closes Schools In Cyclone Freddy Aftermath

Malawi Closes Schools In Cyclone Freddy Aftermath

The authorities in Malawi have closed schools in 10 districts over safety concerns after Cyclone Freddy wreaked devastation in neighbouring Mozambique. Heavy rains pounding southern Malawi have washed...

13 Maalis 202356s

Nigerian Firm Says Racism Claims Against CEO Vindictive

Nigerian Firm Says Racism Claims Against CEO Vindictive

Seplat Energy, a leading oil and gas supplier in Nigeria, has denied racism and discrimination accusations against its chief executive Roger Thompson Brown calling them vindictive". This comes after t...

13 Maalis 202353s

Nigeria's Economy Loses N20trillion On CBN’s 70% Cash Mop-up

Nigeria's Economy Loses N20trillion On CBN’s 70% Cash Mop-up

A new report by an economic think tank, Centre for the Promotion of Private Enterprise says Nigeria’s economy is grinding to a halt and has lost about N20tn following the over 70 per cent mop-up of ca...

13 Maalis 20231min

Nigeria’s Raw Material Imports Soar To N2.4trillion  

Nigeria’s Raw Material Imports Soar To N2.4trillion  

Nigeria spent at least N2.4tn to import raw materials from other countries in 2022, according to data collated from Foreign Trade Statistics of the National Bureau of Statistics. The data also showed ...

13 Maalis 20231min

Nigeria's Electoral Body Says BVAS Reconfiguration To Be Completed 

Nigeria's Electoral Body Says BVAS Reconfiguration To Be Completed 

The Independent National Electoral Commission says over 170,000 polling unit results of the February 25 presidential and National Assembly elections have been uploaded on its Result Viewing Portal. Th...

13 Maalis 20231min

White House Backs Bill to Allow Ban on Chinese-owned Tiktok 

White House Backs Bill to Allow Ban on Chinese-owned Tiktok 

The Biden administration has backed a bipartisan bill that would give Washington the power to ban the Chinese-owned video app TikTok in the United States. The bill, introduced by a dozen Republicans a...

9 Maalis 20231min

Georgians Protest Foreign Agents Draft Law On Media

Georgians Protest Foreign Agents Draft Law On Media

Authorities have used tear gas and water cannon outside the Georgian parliament building against protesters who oppose a proposed law some see as stifling freedom of the press. The law, which has rece...

9 Maalis 202354s

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