Brands & Promos

MTN loses position to Vodacom as Africa’s highest-valued telecommunications operator

MTN Group’s six-month battle with Nigerian authorities over payment of a record fine has cost the company its seven-year status as Africa’s highest-valued telecommunications operator, with that honour going to rival Vodacom. MTN’s market capitalisation was R244bn at the market close in Johannesburg on Wednesday, trailing Vodacom’s R249bn. This year marks the first time the […]

General

Fuel price hike: NLC mobilises for strike

The Nigeria Labour Congress (NLC) last night declared yesterday’s hike in fuel price from about N86/litre to about N145/litre by the Muhammadu Buhari administration “unilateral”, saying that it “represents the height of insensitivity and impunity and shall be resisted by the Nigeria Labour Congress and its civil society allies.” A statement signed by NLC General […]

Business

CEOs from the Coca Cola Company, Nestlé, Tesco, Alibaba and more to attend the 60th Global Summit of the Consumer Goods Forum in Cape Town

  The Consumer Goods Forum (CGF) has announced that in just over six weeks, Cape Town will play host to scores of CEOs from the world’s most influential consumer and retail brands. The CGF Global Summit, expected to draw more than 800 delegates from over 365 companies from 40 countries, will take place at the […]

Business

Dangote to create 210,000 jobs in agriculture

  Dangote Group of Companies on Tuesday said the organisation would create 210,000 jobs for the unemployed Nigerians in agriculture between now and 2018 in agricultural sector. The Chairman of the Group, Alhaji Aliko Dangote, said this in Katsina in a goodwill message at the opening of Katsina Economic and Investment Summit. “We will create […]