Delta variant cripples unvaccinated Africa – With insights from The Wall Street Journal
Record infection rates have led to an oxygen and ICU bed shortage, as countries across Africa reapply restrictions to curb the spread of the Delta variant.
Uganda
MTN to sell R8bn of towers as part of 3yr, R15bn disposal plan
MTN is in advanced talks to sell stakes in tower assets in Ghana and Uganda worth as much as R8bn as Africa’s largest wireless carrier looks to accelerate a broader disposal plan.
MTN Uganda CEO deported; fourth exec this year
MTN’s Uganda business head was deported over what police called a national security matter, the latest in a string of headaches that Africa’s biggest wireless carrier has had around the continent.
ADvTECH expands East Africa offering, acquires Kenyan school group Makini
In Kenya, ADvTECH is acquiring, subject to the fulfilment of conditions, the Makini group of schools, founded in 1978 by Dr Mary Okelo.
RCL Foods shows enough to encourage those seeking turnaround punt
It has been a tough few years for R25bn a year RCL Foods. But there is enough in yesterday’s results for the year to end June to keep the turnaround punters interested.
Remittances positively impact African lives. Here’s how.
One in seven Africans (about 120 million) receive remittances from relatives, friends and families abroad – which thus far represents $60 billion.
DRC “Zupta” unmasked as world’s #5 hedge fund hit by $400m corruption fine.
Corruption in high places is Africa’s biggest curse. It is the ultimate mis-allocation of resources and condemns Africans to remain the world’s poorest people.
Museveni celebrates 30th year in power, appoints wife to key cabinet post
Uganda’s veteran leader Yoweri Museveni named a new cabinet on Monday that retained his prime minister and ministers in the key energy and finance jobs while giving the education portfolio to his wife.
MTN’s impossible challenge – bossman Nhleko unsuited to becoming a janitor
The $5.2bn Nigerian fine has put MTN leader Phuthuma Nhleko between a rock and a hard place. Shareholders are now calling for the group to switch onto a conservative path.
Uganda blocks social media, clamps down as Museveni extends rule to 35 years
Uganda blocked social media sites before the swearing-in ceremony of President Yoweri Museveni, whose re-election sparked protests and a crackdown on dissent.