Category: International

Continental Tyre Boss Emerges 2019 Africa MD
November 4, 2019 No Responses

Continental Tyre Boss Emerges 2019 Africa MD

Managing Director of Continental Tyre South Africa and Sub-Saharan Africa, Shaun Uys  has been selected as  2019 Africa MD  by Global 100.Global 100 is  an annual publication with a readership of over 293 000 industry leaders in 163 countries, spanning...
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Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore
November 1, 2019 No Responses

Reflections On WFE’s 59 General Assembly, Annual Meeting In Singapore

 By Oscar Onyema, CEO, NSE I am honoured to recap the 59th WFE General Assembly & Annual Meeting (GA&AM) held in Singapore, 8-10 October 2019. It always gives me great pleasure to attend the WFE’s flagship conference, which is our...
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SIFAX Boss Tasks African Businesses On Emerging Opportunities In Global Market
November 1, 2019 No Responses

SIFAX Boss Tasks African Businesses On Emerging Opportunities In Global Market

Group Managing Director, SIFAX Group, Mr. Adekunle Oyinloye, has urged businesses on the African continent to dream big by taking advantage of emerging opportunities on the global stage.He said doing this would transform them to global business brands with att...
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Ghana To Ban Rice Importation
October 31, 2019 No Responses

Ghana To Ban Rice Importation

Ghana has set a target of three years for the country to put a stop to rice importation.This was disclosed by the Deputy Minister of the Ministry of Food and Agriculture, Kennedy Nyarko Osei.Osei said Ghana was working round the...
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Munich Airport, ADB Safegate Seal Partnership
October 30, 2019 No Responses

Munich Airport, ADB Safegate Seal Partnership

The international business arm of Munich Airport, the 100% subsidiary Munich Airport International (MAI) has signed a cooperation agreement with ADB SAFEGATE.A statement on Wednesday explained that the  collaboration combines MAI’s worldwide expertise i...
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IMF/World Bank Forum Participant Diagnosed With Chickenpox
October 26, 2019 No Responses

IMF/World Bank Forum Participant Diagnosed With Chickenpox

A participant at the recent International Monetary Fund/World Bank Annual Meetings held in Washington DC, United States, has been diagnosed with chickenpox.The Secretary of IMF, Jianhai Lin, disclosed this in a statement on Friday, citing a letter from the Was...
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Suzuki Lowers 2019-2020 Sales Estimates
October 18, 2019 No Responses

Suzuki Lowers 2019-2020 Sales Estimates

Suzuki Motor Corporation (SMC) has revised its consolidated business forecast for the current financial year by lowering net sales estimates by 10.3 per cent due to slowdown in the Indian automobile market and decline in production in Japan.The company said...
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Daewoo Secures $762m Contract For Five Containerships
October 17, 2019 No Responses

Daewoo Secures $762m Contract For Five Containerships

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract for the construction of five large containerships.Signed on October 14, the contract is worth KRW 903.9 billion (about USD 762 million), DSME said in a stock e...
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Global Borrowing Now At Highest Level Since 1950s
October 16, 2019 No Responses

Global Borrowing Now At Highest Level Since 1950s

By Patricia Scotland, Commonwealth Secretary-General Trade wars, protectionism, and nationalist rhetoric are combining to create the possibility of a nightmare debt crisis that could be worse than any previously experienced. Global borrowing is now at the high...
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Michelin To Close Tyre Factory
October 12, 2019 No Responses

Michelin To Close Tyre Factory

Foremost Tyre manufacturer, Michelin has concluded plans to close a French-based factory with 619 employees next year as competition from cheaper Asian manufacturers knocks its profit margin. Two weeks ago, the French company announced the closure of a factory...
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Commonwealth Trade Ministers Seek Reform Of WTO
October 11, 2019 No Responses

Commonwealth Trade Ministers Seek Reform Of WTO

Trade ministers from across the Commonwealth on Thursday made a commitment to resist all forms of protectionism, and to work urgently together towards reforming the World Trade Organisation, which sets the global rules for international trade.Following a meeti...
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Large LNG Sector To Sustain Growth Into 2020
October 10, 2019 No Responses

Large LNG Sector To Sustain Growth Into 2020

Positive developments in the large LNG sector are expected to continue throughout the rest of 2019 and into 2020, according to a report from VesselsValue.The sector is being driven by increasing demand as more countries prioritize LNG as an energy...
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World Federation Of Exchanges Elects Four Board Directors
October 10, 2019 No Responses

World Federation Of Exchanges Elects Four Board Directors

At the 59th General Assembly in Singapore on Wednesday , the World Federation of Exchanges (WFE) elected four Directors of the Board.  The  four elected Directors of the Board are:  Mr Greg Wojciechowski, President & CEO, Bermuda Stock Excha...
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Nigeria, Luxembourg Stock Exchange Sign Green Bond Markets MoU
October 9, 2019 No Responses

Nigeria, Luxembourg Stock Exchange Sign Green Bond Markets MoU

The Nigerian Stock Exchange (NSE) and the Luxembourg Stock Exchange (LuxSE) on Wednesday announced the signing of a Memorandum of Understanding (MoU) to cooperate in promoting cross listing and trading of green bonds in Nigeria and Luxembourg.The announcement ...
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