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Nigerian banks pile up bad loans as cash crunch bites

Nigerian banks are piling up bad loans again due to the downturn in the country's economy. The country's five banks, otherwise known as Tier one...

Global Business 10th April 2015

Full bulletin for Global Business 10th April 2015 https://www.youtube.com/watch?v=1joYRneEvuY

Global Business 7th May 2015

Full bulletin for Global Business 7th May 2015 https://www.youtube.com/watch?v=NUIZgxFVJB4

World Bank: Zambia not in debt distress

A World Bank economist said Thursday Zambia is not in debt distress but warned that the country could plunge into one if its debt...

Shanghai, Shenzhen act to limit 2016 gains and losses

The circuit breaker mechanism is tied to the CSI 300 stock index which tracks some of the largest-cap stocks on the Shanghai and Shenzhen...

Air Zimbabwe sacks half its workforce

Air Zimbabwe has released almost half its workforce in able to stay in the air. Local media reported that the company laid off 200 employees,...

End Of Interest Rate Cap Beckons Leaving Kenyans a Worried...

As plans to scrap caps on interest rates gain momentum, Kenyans who have commercial bank loans and mortgages are not a happy lot. The...

PM Narendra Modi and President Uhuru Kenyatta sign agricultural bilateral agreements

India and Kenya have inked two agreements in the field of agriculture during Kenyan President Uhuru Kenyatta's visit to New Delhi. The agreements were...

Ethiopia’s tech & gaming companies showcase new innovations

Ethiopia's technology and gaming industry is growing. The annual Addis Ababa Design Week provides many businesses with an opportunity to showcase new innovations. This year,...

OPEC sets ceiling at 31.5M barrels a day

The Organization of Petroleum Exporting Countries (OPEC) has set a record oil-output ceiling of 31.5 million barrels a day in its latest meeting sending...

Recent

Congo confirms Ebola case at Ugandan border

3 hours ago
Democratic Republic of Congo has confirmed a case of Ebola on its border with Uganda, a country so far clear of the deadly virus,...

South Africa sees decrease in rhino poaching

4 hours ago
South Africa has seen a decrease in the number of rhinos poached since the beginning of this year, thanks to enhanced anti-poaching efforts, authorities...

Number of dead from Tanzania’s ferry accident disaster hits 136

4 hours ago
The number of people dead from Tanzania’s ferry accident disaster has risen to at least 136, the country’s top police official said on Friday. The...

Burkina Faso issues overnight ban on motorcycles in restive east region

5 hours ago
Growing attacks by motorbike-riding extremists who flee into the forest have led Burkina Faso’s government to ban the use of motorbikes and bike carts...

Opinion

Deji Badmus

NIGERIA: BUHARI’S ANTI-CORRUPTION WAR

There is something about corruption in Nigeria that is, for me, a huge contradiction. Everyone in the country knows it is about the biggest...

How did Zimbabwe get here?

In 2013 a resounding electoral victory handed back full control of Zimbabwe’s Government to ZANU- PF, ending an uncomfortable coalition with the opposition. The four-year...
Robert Kagiri

What China’s ‘New Era’ means for Africa

The curtain finally came down on the Communist Party of China’s (CPC) 19th Congress held between October 18-24, 2017 at the Great Hall of...
CGTN Africa