Representing Africa Worldwide

Business

4 min read

White-Led DA Party Joins ANC in South African Unity Government "Today, South Africa is a better country than it was yesterday. For the first time since 1994, we've embarked on a peaceful and democratic transfer of power to a new government that will be different from the previous one," DA leader John Steenhuisen said.

6 months ago Shahid Siddiqui

CAPE TOWN, South Africa: The African National Congress and its largest rival, the white-led, pro-business Democratic Alliance, agreed on Friday...

2 min read

German Government Considers Pausing Supply Chain Law For Two Years, Says Minister Germany's supply chain act, which took effect in January 2023, requires companies with more than 1,000 staff to implement due diligence procedures to monitor suppliers' human rights and environmental protection standards.

6 months ago Shahid Siddiqui

BERLIN: The German government is considering pausing the country's supply chain due diligence law for two years to ease the...

2 min read

Saudi Arabia May Raise Prices for Most Oil Grades to Asia for June The June official selling price (OSP) of flagship Arab Light crude may rise by 70 to 90 cents to close to a $3 per barrel premium to the average of Dubai and Oman quotes, seven refining sources.

7 months ago Shahid Siddiqui

Top oil exporter Saudi Arabia may raise prices for most of the crude grades it sells to Asia in June...

1 min read

Brazil’s Embraer Sees Deliveries, Revenue Growing in 2024 The world's third-largest planemaker behind Boeing (BA.N) and Airbus (AIR.PA) estimated it would deliver between 125 and 135 executive jets this year, compared with 115 in 2023. For the fourth quarter of 2023, Embraer reported 55% growth in adjusted net profit, to 350.6 million reais ($70.20 million). Quarterly revenue, on the other hand, fell nearly 7% to 9.73 billion reais.

8 months ago Shahid Siddiqui

SAO PAULO- Brazilian planemaker Embraer expects both its aircraft deliveries and revenue to grow in 2024, but will still have...

2 min read

India At The Cusp of Economic Transformation, 27 Bulk Drug Park Projects, 13 Medical Device Factories Inaugurated Union Minister Mansukh Mandaviya said the country has taken a big step towards self-reliance.

9 months ago Shahid Siddiqui

NEW DELHI: Union Health Minister Mansukh Mandaviya on Saturday virtually inaugurated 27 greenfield bulk drug park projects and 13 greenfield...

1 min read

Ethiopia’s Parliament Approves Extra $4.8 bln pending in 2024/25

1 hour ago Shahid Siddiqui

3 min read

Zimbabwe Charts Ambitious Return to Global Finance at Debt Conference

1 day ago Shahid Siddiqui

5 min read

$300 Billion Climate Deal Falls Short: Developing Nations Demand Justice at COP29

2 days ago Shahid Siddiqui

2 min read

COP29: 50 Countries Sign Historic Baku Declaration to Tackle Water Crisis Amid Climate Change

5 days ago Shahid Siddiqui

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