Africa Business News

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Synopsis

Daily news insights and analysis of the Africa Business Landscape, covering from emerging startups to macroeconomics from across the 55 Africa Union member states com.

Episodes

  • Nigerian State Reduces Tuition Fees for State-Owned Tertiary Institutions 

    23/08/2023 Duration: 01min

    The Kaduna State government has reduced tuition fees for state-owned tertiary institutions as part of efforts to cushion the effect of the rising cost of living in the wake of the petroleum subsidy removal. The tuition fees were slashed between 30 to 50 per cent for students of the Kaduna State University, Nuhu Bamali Polytechnic, and Kaduna State College of Education, Gidan Waya among others. Governor Uba Sani, says the move is in response to an outcry over fees charged by tertiary institutions in the state and its effect on school enrolment and retention. He also restated his resolve to make the welfare of the people a priority of his administration.

  • Nigerian State Reduces Tuition Fees for State-Owned Tertiary Institutions 

    23/08/2023 Duration: 01min

    The Kaduna State government has reduced tuition fees for state-owned tertiary institutions as part of efforts to cushion the effect of the rising cost of living in the wake of the petroleum subsidy removal. The tuition fees were slashed between 30 to 50 per cent for students of the Kaduna State University, Nuhu Bamali Polytechnic, and Kaduna State College of Education, Gidan Waya among others. Governor Uba Sani, says the move is in response to an outcry over fees charged by tertiary institutions in the state and its effect on school enrolment and retention. He also restated his resolve to make the welfare of the people a priority of his administration.

  • Nigerian State Reduces Tuition Fees for State-Owned Tertiary Institutions 

    23/08/2023 Duration: 01min

    The Kaduna State government has reduced tuition fees for state-owned tertiary institutions as part of efforts to cushion the effect of the rising cost of living in the wake of the petroleum subsidy removal. The tuition fees were slashed between 30 to 50 per cent for students of the Kaduna State University, Nuhu Bamali Polytechnic, and Kaduna State College of Education, Gidan Waya among others. Governor Uba Sani, says the move is in response to an outcry over fees charged by tertiary institutions in the state and its effect on school enrolment and retention. He also restated his resolve to make the welfare of the people a priority of his administration.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

  • Nigerian Government to Revive Ajaokuta Plant 

    23/08/2023 Duration: 52s

    The Minister of Steel Development, Shuaibu Audu, has stressed the need to resuscitate the Ajaokuta Steel Company. Audu affirmed his commitment to restoring the moribund steel plant. He says he will set a roadmap for the development of the steel sector, aggressively pursue the completion of Ajaokuta steel, and enact required bills to regulate the steel sector, among others. He says they aim to start the engine and ensure that we produce at least a small sheet of steel within this administration.

  • Nigerian Government to Revive Ajaokuta Plant 

    23/08/2023 Duration: 52s

    The Minister of Steel Development, Shuaibu Audu, has stressed the need to resuscitate the Ajaokuta Steel Company. Audu affirmed his commitment to restoring the moribund steel plant. He says he will set a roadmap for the development of the steel sector, aggressively pursue the completion of Ajaokuta steel, and enact required bills to regulate the steel sector, among others. He says they aim to start the engine and ensure that we produce at least a small sheet of steel within this administration.

  • Nigerian Government to Revive Ajaokuta Plant 

    23/08/2023 Duration: 52s

    The Minister of Steel Development, Shuaibu Audu, has stressed the need to resuscitate the Ajaokuta Steel Company. Audu affirmed his commitment to restoring the moribund steel plant. He says he will set a roadmap for the development of the steel sector, aggressively pursue the completion of Ajaokuta steel, and enact required bills to regulate the steel sector, among others. He says they aim to start the engine and ensure that we produce at least a small sheet of steel within this administration.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’s Central Bank Cuts Key Interest Rate Amid Economy Concerns

    21/08/2023 Duration: 01min

    China’s central bank has cut a key interest rate amid concerns about the post-pandemic recovery of the world’s second-largest economy. The People’s Bank of China cut the one-year loan prime rate, a benchmark for corporate loans, from 3.55 per cent to 3.45 per cent. The central bank held the five-year LPR, which is used to price mortgages, steady at 4.2 per cent. China’s post-COVID recovery has been hampered by weakening demand for Chinese goods due to the uncertain global economic outlook and domestic challenges ranging from a slumping property market to a record-low birth rate. China last week also announced it would no longer publish detailed youth unemployment figures after the jobless rate hit 21.3 per cent in June.

  • China’s Central Bank Cuts Key Interest Rate Amid Economy Concerns

    21/08/2023 Duration: 01min

    China’s central bank has cut a key interest rate amid concerns about the post-pandemic recovery of the world’s second-largest economy. The People’s Bank of China cut the one-year loan prime rate, a benchmark for corporate loans, from 3.55 per cent to 3.45 per cent. The central bank held the five-year LPR, which is used to price mortgages, steady at 4.2 per cent. China’s post-COVID recovery has been hampered by weakening demand for Chinese goods due to the uncertain global economic outlook and domestic challenges ranging from a slumping property market to a record-low birth rate. China last week also announced it would no longer publish detailed youth unemployment figures after the jobless rate hit 21.3 per cent in June.

  • China’s Central Bank Cuts Key Interest Rate Amid Economy Concerns

    21/08/2023 Duration: 01min

    China’s central bank has cut a key interest rate amid concerns about the post-pandemic recovery of the world’s second-largest economy. The People’s Bank of China cut the one-year loan prime rate, a benchmark for corporate loans, from 3.55 per cent to 3.45 per cent. The central bank held the five-year LPR, which is used to price mortgages, steady at 4.2 per cent. China’s post-COVID recovery has been hampered by weakening demand for Chinese goods due to the uncertain global economic outlook and domestic challenges ranging from a slumping property market to a record-low birth rate. China last week also announced it would no longer publish detailed youth unemployment figures after the jobless rate hit 21.3 per cent in June.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

  • Pakistan’s President Denies Signing New National Security Laws 

    21/08/2023 Duration: 01min

    Pakistan’s President Arif Alvi has refused to sign into law two bills that would give authorities more power to prosecute people for acts against the state and military, a move the law ministry said was unconstitutional. The bills have already been passed by both houses of Pakistan’s parliament, but Alvi is a member of former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf party, which opposes the coalition government that passed the two bills. Alvi says he did not sign Official Secrets Amendment Bill 2023 & Pakistan Army Amendment Bill 2023 because he disagreed with these laws.

  • Pakistan’s President Denies Signing New National Security Laws 

    21/08/2023 Duration: 01min

    Pakistan’s President Arif Alvi has refused to sign into law two bills that would give authorities more power to prosecute people for acts against the state and military, a move the law ministry said was unconstitutional. The bills have already been passed by both houses of Pakistan’s parliament, but Alvi is a member of former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf party, which opposes the coalition government that passed the two bills. Alvi says he did not sign Official Secrets Amendment Bill 2023 & Pakistan Army Amendment Bill 2023 because he disagreed with these laws.

  • Pakistan’s President Denies Signing New National Security Laws 

    21/08/2023 Duration: 01min

    Pakistan’s President Arif Alvi has refused to sign into law two bills that would give authorities more power to prosecute people for acts against the state and military, a move the law ministry said was unconstitutional. The bills have already been passed by both houses of Pakistan’s parliament, but Alvi is a member of former Prime Minister Imran Khan’s Pakistan Tehreek-e-Insaf party, which opposes the coalition government that passed the two bills. Alvi says he did not sign Official Secrets Amendment Bill 2023 & Pakistan Army Amendment Bill 2023 because he disagreed with these laws.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

  • South Africa Leader Stresses Neutrality Ahead of BRICS Summit 

    21/08/2023 Duration: 58s

    South Africa's President Cyril Ramaphosa has reiterated that his country will not be drawn into global power dynamics. Mr Ramaphosa's televised address came ahead of the meeting of the BRICS nations - Brazil, Russia, India, China and South Africa - in Johannesburg. He says they will not be drawn into a contest between global powers. He noted, however, that this "does not mean that we are neutral on matters of principle and national interest" Russia's President Vladimir Putin will participate virtually after he reached an agreement with Mr Ramaphosa not to attend.

  • South Africa Leader Stresses Neutrality Ahead of BRICS Summit 

    21/08/2023 Duration: 58s

    South Africa's President Cyril Ramaphosa has reiterated that his country will not be drawn into global power dynamics. Mr Ramaphosa's televised address came ahead of the meeting of the BRICS nations - Brazil, Russia, India, China and South Africa - in Johannesburg. He says they will not be drawn into a contest between global powers. He noted, however, that this "does not mean that we are neutral on matters of principle and national interest" Russia's President Vladimir Putin will participate virtually after he reached an agreement with Mr Ramaphosa not to attend.

  • South Africa Leader Stresses Neutrality Ahead of BRICS Summit 

    21/08/2023 Duration: 58s

    South Africa's President Cyril Ramaphosa has reiterated that his country will not be drawn into global power dynamics. Mr Ramaphosa's televised address came ahead of the meeting of the BRICS nations - Brazil, Russia, India, China and South Africa - in Johannesburg. He says they will not be drawn into a contest between global powers. He noted, however, that this "does not mean that we are neutral on matters of principle and national interest" Russia's President Vladimir Putin will participate virtually after he reached an agreement with Mr Ramaphosa not to attend.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

  • Niger Junta Earmarks Three Years for Transition of Power

    21/08/2023 Duration: 01min

    Niger’s new military ruler says a transition of power would not go beyond three years, and warned that any attack on the country would not be easy for those involved. General Abdourahamane Tiani says their ambition is not to confiscate power adding that any transition of power would not go beyond three years. He says ECOWAS is getting ready to attack Niger by setting up an occupying army in collaboration with a foreign army without saying which country he meant. Tiania denounced what he called the illegal and inhuman sanctions levied by ECOWAS against Niger since the military seized power. He also announced a 30-day period of national dialogue” to draw up concrete proposals to lay the foundations of a new constitutional life.

  • Niger Junta Earmarks Three Years for Transition of Power

    21/08/2023 Duration: 01min

    Niger’s new military ruler says a transition of power would not go beyond three years, and warned that any attack on the country would not be easy for those involved. General Abdourahamane Tiani says their ambition is not to confiscate power adding that any transition of power would not go beyond three years. He says ECOWAS is getting ready to attack Niger by setting up an occupying army in collaboration with a foreign army without saying which country he meant. Tiania denounced what he called the illegal and inhuman sanctions levied by ECOWAS against Niger since the military seized power. He also announced a 30-day period of national dialogue” to draw up concrete proposals to lay the foundations of a new constitutional life.

  • Niger Junta Earmarks Three Years for Transition of Power

    21/08/2023 Duration: 01min

    Niger’s new military ruler says a transition of power would not go beyond three years, and warned that any attack on the country would not be easy for those involved. General Abdourahamane Tiani says their ambition is not to confiscate power adding that any transition of power would not go beyond three years. He says ECOWAS is getting ready to attack Niger by setting up an occupying army in collaboration with a foreign army without saying which country he meant. Tiania denounced what he called the illegal and inhuman sanctions levied by ECOWAS against Niger since the military seized power. He also announced a 30-day period of national dialogue” to draw up concrete proposals to lay the foundations of a new constitutional life.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

  • Nigerian State Partners with US to Improve Mining, Agriculture, Education 

    21/08/2023 Duration: 01min

    Governor Agbu Kefas of Taraba State says his administration is poised to better the lots of residents in all sectors of the state’s economy to ensure development gets to all nooks and crannies of the state. Kefas says the rationale behind the compulsory free education policy at basic and secondary education levels is to lift the burden on parents and as a radical approach to the problem of insecurity by attacking it at the base. The embassy officials promised to foster closer cooperation and facilitate linkages with the American government and US companies in the areas mentioned in a mutually beneficial manner.

  • Nigerian State Partners with US to Improve Mining, Agriculture, Education 

    21/08/2023 Duration: 01min

    Governor Agbu Kefas of Taraba State says his administration is poised to better the lots of residents in all sectors of the state’s economy to ensure development gets to all nooks and crannies of the state. Kefas says the rationale behind the compulsory free education policy at basic and secondary education levels is to lift the burden on parents and as a radical approach to the problem of insecurity by attacking it at the base. The embassy officials promised to foster closer cooperation and facilitate linkages with the American government and US companies in the areas mentioned in a mutually beneficial manner.

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