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  • LG ditches China, bets big on India for factory push
    Business

    LG ditches China, bets big on India for factory push

    05/11/2025

    LG Electronics plans to relocate manufacturing of capital goods to India from plants in Korea, China and Vietnam. The equipment is used to build factories that make electronic products, displays and advanced components. The transition reflects the company’s effort to broaden its Indian manufacturing presence as businesses worldwide work to diversify their supply networks. Separately,…

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  • India courts Romania, touts deals as trade soars
    Business

    India courts Romania, touts deals as trade soars

    05/11/2025

    India’s fast-growing economy presents major opportunities for Romanian businesses to join manufacturing and innovation projects through New Delhi’s Make in India program and Production-Linked Incentive plans, Commerce and Industry Minister of State Jitin Prasada said on Wednesday. He addressed Romanian companies at a business forum in Brasov that brought together leaders from automotive, aerospace, defense,…

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  • Tanzania lifts curfew after deadly election protests
    Business

    Tanzania lifts curfew after deadly election protests

    04/11/2025

    Tanzanian authorities have ended a nighttime curfew in Dar es Salaam after violence following disputed elections left hundreds dead, though families continue searching for missing relatives as the country attempts to recover from days of unrest. President Samia Suluhu Hassan took the oath of office on Monday after officials announced she captured 98 percent of…

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  • Namra sees 22% drop in individual tax revenue
    Business

    Namra sees 22% drop in individual tax revenue

    04/11/2025

    Namibia’s tax authority collected N$2.5 billion less from individual income taxpayers during the 12 months ending in September 2025, representing a 22 percent drop compared with the prior year. Sam Shivute, who leads the Namibia Revenue Agency, said collections from individuals fell to N$8.9 billion from N$11.4 billion in the previous period. However, total net…

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  • Namibia vows to overhaul outdated corporate governance code
    Business

    Namibia vows to overhaul outdated corporate governance code

    04/11/2025

    Namibia’s governance leaders have committed to revising the country’s corporate standards after recognizing that existing rules no longer address modern business challenges, a move welcomed by directors who have struggled to respond to investor questions about climate risks and technology ethics without clear national guidance. The Namibia Institute of Corporate Governance and the Namibian Stock…

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  • Namibia’s financial watchdog sees surge in smart money moves
    Business

    Namibia’s financial watchdog sees surge in smart money moves

    04/11/2025

    A financial regulator in Namibia reports that its October consumer protection initiative has successfully improved how citizens manage their money and understand their financial rights. Junias Erasmus, who leads consumer education at the Namibia Financial Institutions Supervisory Authority, said the monthlong effort centered on the message Know Your Rights, Secure Your Future. The authority witnessed…

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  • Eurogold partners with MUAM to boost Uganda’s gold industry
    Business

    Eurogold partners with MUAM to boost Uganda’s gold industry

    04/11/2025

    A Ugandan gold refining company partnered with an association representing independent miners to upgrade production quality and improve transparency in the sector. Eurogold formalized an agreement with the Mubende United Artisanal Miners at its Kampala headquarters to refine domestically extracted gold to 99.9 percent purity, meeting international market requirements. The collaboration aims to provide fair…

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  • Next Media appoints Joy Mwangi as Chief Marketing officer
    Business

    Next Media appoints Joy Mwangi as Chief Marketing officer

    04/11/2025

    Next Media appointed Joy Mwangi as chief marketing and ventures officer to lead digital expansion and partnership development across East Africa. The Kenyan executive brings more than ten years of experience managing transformation projects and social impact programs in multiple African nations through roles with CNBC Africa, Forbes Africa, TechCabal, Multichoice Africa and Standard Media…

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  • Stakeholders push for lower smartphone taxes to boost Uganda’s digital use
    Business

    Stakeholders push for lower smartphone taxes to boost Uganda’s digital use

    04/11/2025

    Uganda should cut taxes on affordable mobile phones and prioritize connecting people over expanding geographic network reach, according to technology sector representatives who gathered for the first Digital Africa Summit in Kampala. GSMA Africa released research showing that while 96 percent of Ugandans live within range of 3G or 4G signals, three-quarters have never accessed…

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  • Galaxy Backbone expands Nigeria’s digital infrastructure
    Business

    Galaxy Backbone expands Nigeria’s digital infrastructure

    04/11/2025

    Nigeria’s state technology infrastructure company plans to extend fiber cable networks and expand server capacity as part of efforts to improve internet access nationwide. Galaxy Backbone chief executive Ibrahim Adeyanju described the initiative during remarks at the West Africa Digital Forum, which took place during the 18th International Conference on Theory and Practice of Electronic…

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