Lawrence Baraza
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Wealth Creators
Otedola Helps Boost Dangoté’s Wealth to $22 Billion
Nigerian business magnate, Femi Otedola has acquired an extra stake in Dangote Cement Plc, which has contributed to the surge…
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Government Projects
Court of Appeal Directs Govt to Halt Housing Levy Deductions
Court of Appeal directed the government to cease deductions related to the Housing Levy on Friday until all pending lawsuits…
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Southern Africa
South Africa Keeps Interest Rate Unchanged at Amid Inflation Concerns
The South African Reserve Bank (SARB) has kept its key repo rate at 8.25%, the highest level since 2009, as…
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East Africa
NMG, The Standard Hit After State Directs All Print Ads to The Star Newspaper
The government has dealt a blow to the mainstream media by directing all its print ads to a single media…
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International
Microsoft Cuts 1,900 Jobs in Gaming Division after Activision Blizzard Deal
Microsoft announced on Thursday it will lay off 1,900 staff across its video-game divisions, including at Activision Blizzard, which it…
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Wealth Creators
Meet Somali Billionaire Ahmed, Man Behind WorldRemit, Three Other Million-Dollar Firms
Ismail Ahmed is a Somali-born British entrepreneur who founded and chairs WorldRemit, a money transfer company that uses mobile technology…
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Wealth Creators
Ghanaian Businessman Signs $1-billion Climate Change Deal With India
The Jospong Group of Companies, owned and led by Ghanaian businessman Joseph Siaw Agyepong has entered into a partnership with…
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Lifestyle
Saudi Arabia to Open First Liquor Shop on Condition
Saudi Arabia is set to open its first liquor shop in decades. But the shop, located in the capital Riyadh,…
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Credit Rating
Ivory Coast Raises $8 Billion in Oversubscribed $2.6 Billion Bond Offering
Ivory Coast has made comeback to the international bond market, issuing its first dollar bonds since 2017 and managed to…
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Currencies
Central Bank of Nigeria Governor Expects Inflation to Moderate and Describes Naira as Undervalued
In his first public comments on the economy since November, Governor Olayemi Cardoso of the Central Bank of Nigeria described…
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