Africa Business News

The Supreme Court upheld the victory of President Bola Tinubu in the February 25, 2023 presidential election. The apex court, in its ruling, dismissed the appeals by the presidential candidate of the People's Democratic Party, Atiku Abubakar; and his Labour Party counterpart, Peter Obi. A seven-judge panel ruled as without merit the opposition appeals over claims of fraud, electoral law violations, and Tinubu’s ineligibility to run for president. The apex court thrashed all the grounds of appeal of Atiku and the PDP on qualification, non-compliance with the Electoral Act, the 25% votes in FCT, and electoral malpractices.

The Supreme Court upheld the victory of President Bola Tinubu in the February 25, 2023 presidential election. The apex court, in its ruling, dismissed the appeals by the presidential candidate of the People's Democratic Party, Atiku Abubakar; and his Labour Party counterpart, Peter Obi. A seven-judge panel ruled as without merit the opposition appeals over claims of fraud, electoral law violations, and Tinubu’s ineligibility to run for president. The apex court thrashed all the grounds of appeal of Atiku and the PDP on qualification, non-compliance with the Electoral Act, the 25% votes in FCT, and electoral malpractices.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

China and the Philippines have traded blame over two collisions in the South China Sea involving their vessels, the latest in a series of maritime confrontations in the disputed waterway. China’s coastguard says there had been a slight collision between one of its ships and a Philippine vessel carrying supplies to a World War II-era transport ship that was being used as an outpost on the shoal. The coastguard says the collision occurred while it was lawfully blocking the boat from transporting illegal construction materials to the warship. Manila says it condemned in the strongest degree the dangerous blocking manoeuvres of the Chinese vessel.

China and the Philippines have traded blame over two collisions in the South China Sea involving their vessels, the latest in a series of maritime confrontations in the disputed waterway. China’s coastguard says there had been a slight collision between one of its ships and a Philippine vessel carrying supplies to a World War II-era transport ship that was being used as an outpost on the shoal. The coastguard says the collision occurred while it was lawfully blocking the boat from transporting illegal construction materials to the warship. Manila says it condemned in the strongest degree the dangerous blocking manoeuvres of the Chinese vessel.

China and the Philippines have traded blame over two collisions in the South China Sea involving their vessels, the latest in a series of maritime confrontations in the disputed waterway. China’s coastguard says there had been a slight collision between one of its ships and a Philippine vessel carrying supplies to a World War II-era transport ship that was being used as an outpost on the shoal. The coastguard says the collision occurred while it was lawfully blocking the boat from transporting illegal construction materials to the warship. Manila says it condemned in the strongest degree the dangerous blocking manoeuvres of the Chinese vessel.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

China has launched an investigation into Taiwan-based iPhone maker Foxconn. The Global Times, citing anonymous sources, says officials conducted tax inspections at Foxconn businesses in two Chinese provinces. Foxconn says it will cooperate with the investigation. The company is the biggest maker of iPhones for US tech giant Apple and is one of the largest employers in the world. The Global Times also said China's natural resources department made on-site investigations into land use by key Foxconn businesses in the provinces of Henan and Hubei.

China has launched an investigation into Taiwan-based iPhone maker Foxconn. The Global Times, citing anonymous sources, says officials conducted tax inspections at Foxconn businesses in two Chinese provinces. Foxconn says it will cooperate with the investigation. The company is the biggest maker of iPhones for US tech giant Apple and is one of the largest employers in the world. The Global Times also said China's natural resources department made on-site investigations into land use by key Foxconn businesses in the provinces of Henan and Hubei.

China has launched an investigation into Taiwan-based iPhone maker Foxconn. The Global Times, citing anonymous sources, says officials conducted tax inspections at Foxconn businesses in two Chinese provinces. Foxconn says it will cooperate with the investigation. The company is the biggest maker of iPhones for US tech giant Apple and is one of the largest employers in the world. The Global Times also said China's natural resources department made on-site investigations into land use by key Foxconn businesses in the provinces of Henan and Hubei.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

Tanzania has signed a 30-year port management agreement with the United Arab Emirates, despite opposition to the deal. Under the agreement, the Dubai Port World will run four berths at the Dar es Salaam port, Tanzania’s largest port. The Emirati firm and the Tanzania Ports Authority will also collaborate in managing three other berths at the port. The partnership includes an investment of $250m by DP World to upgrade infrastructure at the port over the next five years. The deal has drawn criticism from several activists, citizens and opposition politicians, who say that it favours the Emirati company at Tanzania’s expense. Tanzanian authorities say the deal does not involve all port operations in the country and that they retain the right to withdraw from the contracts at any time if necessary.

Tanzania has signed a 30-year port management agreement with the United Arab Emirates, despite opposition to the deal. Under the agreement, the Dubai Port World will run four berths at the Dar es Salaam port, Tanzania’s largest port. The Emirati firm and the Tanzania Ports Authority will also collaborate in managing three other berths at the port. The partnership includes an investment of $250m by DP World to upgrade infrastructure at the port over the next five years. The deal has drawn criticism from several activists, citizens and opposition politicians, who say that it favours the Emirati company at Tanzania’s expense. Tanzanian authorities say the deal does not involve all port operations in the country and that they retain the right to withdraw from the contracts at any time if necessary.

Tanzania has signed a 30-year port management agreement with the United Arab Emirates, despite opposition to the deal. Under the agreement, the Dubai Port World will run four berths at the Dar es Salaam port, Tanzania’s largest port. The Emirati firm and the Tanzania Ports Authority will also collaborate in managing three other berths at the port. The partnership includes an investment of $250m by DP World to upgrade infrastructure at the port over the next five years. The deal has drawn criticism from several activists, citizens and opposition politicians, who say that it favours the Emirati company at Tanzania’s expense. Tanzanian authorities say the deal does not involve all port operations in the country and that they retain the right to withdraw from the contracts at any time if necessary.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

The South African Department of Tourism has published a new whitepaper that proposes new regulations for Airbnb and other home-sharing apps. The Department of Tourism in April 2019, unveiled its plans to regulate Airbnb and similar home-sharing apps through the Tourism Amendment Bill. This bill aims to grant the tourism minister the authority to set specific thresholds for South African Airbnbs. The South African government has argued that platforms like Airbnb could lead to a surplus of unregistered properties on the accommodation market, resulting in the value of formal accommodation providers, such as hotels and guesthouses declining. Michele de Souza, chair of the Pietermaritzburg Bed and Breakfast Network, is advocating for specific regulations that Airbnb hosts should follow. De Souza also called for Airbnb to pay taxes and adhere to business regulations like traditional businesses.

The South African Department of Tourism has published a new whitepaper that proposes new regulations for Airbnb and other home-sharing apps. The Department of Tourism in April 2019, unveiled its plans to regulate Airbnb and similar home-sharing apps through the Tourism Amendment Bill. This bill aims to grant the tourism minister the authority to set specific thresholds for South African Airbnbs. The South African government has argued that platforms like Airbnb could lead to a surplus of unregistered properties on the accommodation market, resulting in the value of formal accommodation providers, such as hotels and guesthouses declining. Michele de Souza, chair of the Pietermaritzburg Bed and Breakfast Network, is advocating for specific regulations that Airbnb hosts should follow. De Souza also called for Airbnb to pay taxes and adhere to business regulations like traditional businesses.

The South African Department of Tourism has published a new whitepaper that proposes new regulations for Airbnb and other home-sharing apps. The Department of Tourism in April 2019, unveiled its plans to regulate Airbnb and similar home-sharing apps through the Tourism Amendment Bill. This bill aims to grant the tourism minister the authority to set specific thresholds for South African Airbnbs. The South African government has argued that platforms like Airbnb could lead to a surplus of unregistered properties on the accommodation market, resulting in the value of formal accommodation providers, such as hotels and guesthouses declining. Michele de Souza, chair of the Pietermaritzburg Bed and Breakfast Network, is advocating for specific regulations that Airbnb hosts should follow. De Souza also called for Airbnb to pay taxes and adhere to business regulations like traditional businesses.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at htt

The Federal Government, through the Ministry of Solid Minerals Development, has pledged its commitment to work with a foremost consulting firm, PricewaterhouseCoopers, in executing policies under the seven-point roadmap to transform the sector. The Special Assistant, Media to the Honourable Minister of Solid Minerals Development, Segun Tomori, says the collaborative effort would transform the solid minerals sector into the country’s highest source of revenue. The Minister of Solid Minerals Development, Dele Alake, thanked the consulting firm for its contribution to the mining sector over the years, assuring that the expertise and ideas of PwC would be factored into reforms of the mining sector and implementation of the 7-point agenda.

The Federal Government, through the Ministry of Solid Minerals Development, has pledged its commitment to work with a foremost consulting firm, PricewaterhouseCoopers, in executing policies under the seven-point roadmap to transform the sector. The Special Assistant, Media to the Honourable Minister of Solid Minerals Development, Segun Tomori, says the collaborative effort would transform the solid minerals sector into the country’s highest source of revenue. The Minister of Solid Minerals Development, Dele Alake, thanked the consulting firm for its contribution to the mining sector over the years, assuring that the expertise and ideas of PwC would be factored into reforms of the mining sector and implementation of the 7-point agenda.

The Federal Government, through the Ministry of Solid Minerals Development, has pledged its commitment to work with a foremost consulting firm, PricewaterhouseCoopers, in executing policies under the seven-point roadmap to transform the sector. The Special Assistant, Media to the Honourable Minister of Solid Minerals Development, Segun Tomori, says the collaborative effort would transform the solid minerals sector into the country’s highest source of revenue. The Minister of Solid Minerals Development, Dele Alake, thanked the consulting firm for its contribution to the mining sector over the years, assuring that the expertise and ideas of PwC would be factored into reforms of the mining sector and implementation of the 7-point agenda. This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement

The Federal Government announced that it attracted over $2bn in investments in the renewable energy sector over the past decade. It announced this through the Rural Electrification Agency, adding that in advancing these achievements, it established partnerships with the World Bank, African Development Bank, Global Alliance for People and Planet, Rocky Mountain Institute, and Japan International Cooperation Agency among others. The Director, Promotion and Outreach, Mutari Ibrahim, says from 2020 to date, REA has provided power to over 7.5 million people including 1.5 million households, delivering 130 mini-grid projects, including 1.3 million standalone home systems. He added that the agency has equally deployed over 1,650km of solar street lights, improving power, security, and economic growth in rural areas.

The Federal Government announced that it attracted over $2bn in investments in the renewable energy sector over the past decade. It announced this through the Rural Electrification Agency, adding that in advancing these achievements, it established partnerships with the World Bank, African Development Bank, Global Alliance for People and Planet, Rocky Mountain Institute, and Japan International Cooperation Agency among others. The Director, Promotion and Outreach, Mutari Ibrahim, says from 2020 to date, REA has provided power to over 7.5 million people including 1.5 million households, delivering 130 mini-grid projects, including 1.3 million standalone home systems. He added that the agency has equally deployed over 1,650km of solar street lights, improving power, security, and economic growth in rural areas.

The Federal Government announced that it attracted over $2bn in investments in the renewable energy sector over the past decade. It announced this through the Rural Electrification Agency, adding that in advancing these achievements, it established partnerships with the World Bank, African Development Bank, Global Alliance for People and Planet, Rocky Mountain Institute, and Japan International Cooperation Agency among others. The Director, Promotion and Outreach, Mutari Ibrahim, says from 2020 to date, REA has provided power to over 7.5 million people including 1.5 million households, delivering 130 mini-grid projects, including 1.3 million standalone home systems. He added that the agency has equally deployed over 1,650km of solar street lights, improving power, security, and economic growth in rural areas.This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4166630/advertisement