Features | - Part 159

Allianz Risk Barometer: Corruption, a burden on Nigerian businesses

Johannesburg, January 19, 2018: The Allianz Risk Barometer 2018 report reveals theft, fraud and corruption as the top risk in Nigeria with 38% of responses, up from #4 in 2017. Market developments remains unchanged at #2 at 36% of responses and changes in legislation & regulation also remains unmoved at #3 with 33% of responses. Fire, explosion and power blackouts (both #7 with 16% of responses) emerged as two new risks in the top 10….

Farmer-Herder Violence in Central Nigeria Challenges Buhari

Posted on by The Editorial Team

LAGOS (capital Markets in Africa) Already grappling with Islamist militants in the northeast, secessionists in the east and unrest in the oil-rich Niger River delta, Nigerian President Muhammadu Buhari is facing an upsurge in violence between crop farmers and herders that may threaten his party’s election chances next year. Images of bodies hacked with machetes and perforated by bullets shared on social media are galvanizing voices against Buhari. More than 120 people were killed in Benue and…

South African Reserve Bank Names First Woman to MPC Since 2014

Posted on by The Editorial Team

JOHANNESBURG (Capital Markets in Africa) – South Africa’s Reserve Bank named the first woman to the Monetary Policy Committee in more than three years, bringing the rates-setting panel to seven members. Fundi Tshazibana will become an adviser to Governor Lesetja Kganyago and his three deputies from Feb. 19, the central bank said in an emailed statement on Tuesday. She’s the first woman to join the MPC since former Governor Gill Marcus stepped down in November 2014. While the MPC…

Liberia’s Ruling Party Expels Outgoing President Johnson Sirleaf

Posted on by The Editorial Team

MONROVIA (Capital Markets in Africa) – Liberia’s ruling party expelled outgoing President Ellen Johnson Sirleaf, saying she violated the party’s rules by not supporting its candidate, who was defeated in last month’s presidential election. The Unity Party’s executive committee voted on Saturday to expel Johnson Sirleaf because she campaigned against Vice President Joseph Boakai in the election, according to an emailed statement from the party. Three other party officials were also expelled. “The behaviour of the expelled persons…

Ramaphosa Treads Carefully in Sidelining Zuma in South Africa

Posted on by The Editorial Team

JOHANNESBURG (Capital Markets in Africa) – Less than a month after Cyril Ramaphosa assumed the leadership of South Africa’s ruling party, he’s taking a diplomatic tack as he moves to stamp his authority over Jacob Zuma’s scandal-ridden government. Ramaphosa, speaking in a television interview broadcast Sunday by Johannesburg-based eNCA, said the African National Congress has to be careful about deciding on Zuma’s future as the nation’s leader before he’s due to step down in 2019 when general elections…

H&M Caught in Controversy Over Black Child in `Monkey’ Hoodie Ad

Posted on by The Editorial Team

LONDON (Capital Markets in Africa) – Hennes & Mauritz AB has started 2018 at the centre of an embarrassing controversy after the Swedish clothes retailer published an ad showing a black child modelling a hoodie with the text “coolest monkey in the jungle.” The company has pulled the garment in question from its stores and apologized. H&M also said it agreed with those who were upset by the image, which appeared in its online store. The…

Digital Signage for Businesses: Is It a Worthy Investment?

Posted on by The Editorial Team

In the world of business promotion, what matters most is the promptness, clarity and attractiveness of the message that is being relayed to the target market. Over the years, many forms of signage have been used by businesses to get their messages to potential customers. For instance, over the past centuries, several decades ago and even now, wooden boards and vinyl banners have been used. However, they have had major shortcomings in getting the message…

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