Features

Useful Tips on Spotting and Avoiding Debt Settlement Swindles

Posted on by The Editorial Team
Useful Tips on Spotting and Avoiding Debt Settlement Swindles

JOHANNESBURG (Capital Markets in Africa) – When you fall behind on loans, you will usually find yourself on the receiving end of legal notices and threatening debt collectors. When you are feeling really desperate, it can be very easy for you to fall prey to dishonest companies claiming to solve your debt problems overnight. Some red flags that you should be looking out for when you are seeking debt settlement: Promises to Improve Your Credit…

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Embrace the impact of digitalisation and turn disruption into opportunity

Posted on by The Editorial Team
Embrace the impact of digitalisation and turn disruption into opportunity

LAGOS (Capital Markets in Africa) – The growth of digital technologies is seeing disruption taking place across industry sectors. For companies operating in Africa, the opportunities these presents are too significant to ignore. Long considered the next frontier when it comes to innovation, the continent is poised to benefit from this push towards digitalisation. “With the gap between technology and business all but disappearing, decision-makers are faced with a choice of either embracing a new,…

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Ma, Dangote, Blankfein to Meet World Leaders at Bloomberg Event

Posted on by The Editorial Team
Ma, Dangote, Blankfein to Meet World Leaders at Bloomberg Event

LAGOS (Capital Markets in Africa) – As global chief executives wrestle with how to engage with government leaders, a group including Alibaba’s Jack Ma and Aliko Dangote, Africa’s richest man, will convene more than 100 fellow business leaders to meet with dozens of heads of state in September. The Global Business Forum will take place in New York during the United Nations annual General Assembly meetings, Michael R. Bloomberg said today in a statement. Bloomberg is the founder…

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Nigerian President Buhari Vows to Intensify War on Militants

Posted on by The Editorial Team
Nigerian President Buhari Vows to Intensify War on Militants

LAGOS (Capital Markets in Africa) – Nigerian President Muhammadu Buhari vowed to step up the fight against the Islamist militants and proponents of secession in his first speech after returning from three months of sick leave in London. Nigeria’s national unity is “not negotiable,” Buhari, 74, said Monday in a nationally televised address. “Terrorists and criminals must be fought and destroyed relentlessly so that the majority of us can live in peace and safety.” Buhari informed the…

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Novartis Speeds New Anti-Malarial as Older Drug Loses Potency

Posted on by The Editorial Team
Novartis Speeds New Anti-Malarial as Older Drug Loses Potency

LAGOS (Capital Markets in Africa) – Novartis AG began testing a new anti-malaria pill in Africa, advancing development of an alternative to its most effective treatment that billionaire philanthropist Bill Gates said risked losing potency. Patients in Mali infected with the mosquito-borne parasite began receiving the experimental drug, known as KAF156, in combination with another medicine, the drugmaker said Monday. More than 500 children and adults across nine countries in Africa and Asia will be enrolled in the mid-stage study…

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Angola Ruling-Party Candidate `a Chauffeur,’ Opposition Says

Posted on by The Editorial Team
Angola Ruling-Party Candidate `a Chauffeur,’ Opposition Says

LUANDA (Capital Markets in Africa) – Angolan ruler Jose Eduardo dos Santos will keep his grip on power if his party wins elections this month, even as he steps down as president after 38 years in office, according to the country’s main opposition leader. The ruling Popular Movement for the Liberation of Angola has picked 63-year-old Defence Minister Joao Lourenco as its presidential candidate for the August 23 vote. Dos Santos will remain the party’s chairman and has appointees…

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Rwanda President Sworn In for Third Term After Landslide Victory

Posted on by The Editorial Team
Rwanda President Sworn In for Third Term After Landslide Victory

KIGALI (Capital Markets in Africa) – Rwandan President Paul Kagame was sworn in for a third term after a landslide victory in the East African nation’s elections earlier this month that critics said took place amid a crackdown on his political opponents. Kagame received almost 99 percent of ballots in the Aug. 4 vote, extending his 17-year rule after a 2015 referendum backed amending the constitution to remove a two-term limit. The 59-year-old took the oath of…

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