Africa in Business
In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.
Nigeria’s tax reform emerges as beacon of progress amid global economic uncertainty
As the world continues to grapple with economic downturns and uncertainties, the Nigerian government's recent move to reform its tax legislation stands out as a beacon of progress and innovation. The signing of the Nigeria Tax Act into law by President Bola Ahmed Tinubu marks a significant turning point in the nation's fiscal policy, ushering in a new era of economic reformation and growth. Thabiso Lehoko spoke to Yomi Olugbenro, West Africa Tax & Legal Market Leader at Deloitte Africa
**Botswana High Court hears Bridgette Motsepe’s defamation case over $10 bln allegations
The High Court of Botswana has today heard the defamation case brought by businesswoman and diplomat Ambassador Bridgette Motsepe, following years of allegations implicating her in a fictitious $10 billion money-laundering conspiracy. Justice Kebonang heard the case and was expected to hand down his judgement. Ambassador Motsepe has maintained her innocence since the allegations first surfaced and is seeking to restore her reputation. Thabiso Lehoko spoke to renowned international human rights lawyer Cherie Blair CBE.
Russia's G20 Sherpa Pledges Support for Africa on Energy, Infrastructure, and Climate Resilience
Russia's G20 Sherpa, Svetlana Lukash, says the country is positioning itself within the G20 framework to support developing regions-particularly Africa-in key areas such as energy security, infrastructure investment, and climate resilience. She adds that, amid ongoing geopolitical tensions and sanctions, Russia sees its current economic cooperation with African nations as a valuable opportunity to strengthen partnerships and explore new avenues for collaboration. Channel Africa's Business reporter, Innocent Semosa filed this report.
Weekly business round up: Victor Kgomoeswana
For our weekly business round up we are joined on the line by Victor Kgomoeswana, author of "Africa Is Open For Business" and "Africa Bounces Back". Victor is also the Executive Director for Marketing and Communication at the University of Limpopo. Thabiso Lehoko spoke to Victor Kgomoeswana.
**SA's NYDA Hosts G20 Intergovernmental Youth Roundtable Ahead of African G20 Summit**
South Africa's National Youth Development Agency (NYDA), hosted the High-Level G20 Intergovernmental Roundtable in Sandton, Johannesburg on Friday to ensure young people were not left behind as the government prepares to host the dubbed Äfrican G20 in November this year. The NYDA is a government entity established to mainstream youth development and address the challenges faced by young people. It brought together youth and professionals, international partners, and policymakers to deliberate on inclusive development pathways and generational equity. Our reporter Dimakatso Leshoro attended the event and spoke to the deputy director at the NYDA Karabo Mohale and started asking her about the purpose of the event.
SA positions itself as a key trade and investment partner for China
South Africa is positioning itself as a key trade and investment partner for China, as the South Africa-China Shenzhen General Chamber of Commerce hosted its annual gala in Johannesburg. The event brought together government officials, business leaders and Chinese investors to explore new opportunities for economic collaboration. Our reporter Lebogang Mabange attended the gathering and filed this report.
Personal income taxes likely to dampen SA consumer spending
Rising food prices coupled with higher personal income taxes are likely to dampen consumer spending with a moderation in spending expected in 2026 in South Africa. That's according to the latest FNB/BER Consumer Confidence Index which showed consumers were less pessimistic about future prospects. Much of this positivity hinges on the direction of the global economy. Dimakatso Leshoro filed this report.
A look into vibrant, colourful city of Cologne
In the heart of North Rhine-Westphalia, where tradition meets cosmopolitan flair, the vibrant city of Cologne stands as Germany's fourth-largest metropolis, and its most international after Berlin. Known for its spirited Carnival, iconic Kölsch beer, and thriving media industry, Cologne isn't just about old cathedrals and riverfront strolls. It's a city that embraces diversity, creativity, and celebration at every corner. As Channel Africa is in Germany, we caught up with Marija Mijuskovic, a Serbian media student and resident of Cologne for the past three years, who gave our reporter Micheal Mbewe a vivid look into life in this liberal, multicultural hub, from its festive street culture to its economic lifeblood in television and beyond. Here's her story from the streets of Cologne.
Africa's most distinguished metallurgists leads quiet revolution in infrastructure failure prevention
In a continent where infrastructure resilience and risk management are paramount, Dr. Janet Cotton, one of Africa's most distinguished metallurgists and founder of the globally respected, accredited One Eighty Materials Engineering Solutions, is quietly leading a revolution in failure prevention. Based in Cape Town, South Africa this woman-led African laboratory is actively preventing catastrophic engineering failures, safeguarding multibillion-dollar assets, and significantly reducing investor risk across vital industrial sectors. Thabiso Lehoko spoke to Dr Cotton...
Third G20 Sherpas Meeting gets underway in SA's North West province
The third G20 Sherpas Meeting is currently taking place in South Africa's North West province, marked by the notable absence of the United States. South Africa's Minister of International Relations and Cooperation, Ronald Lamola, confirmed that the U.S. extended an apology for its non-attendance. He stressed, however, that the G20 deliberations would proceed as planned. Meanwhile, as Israel and Iran agree to a ceasefire, questions are emerging around Africa's economic positioning in light of the shifting geopolitical landscape. Thabiso Lehoko and the SAFM's Ashraaf Garda spoke to the ministry's spokesperson Chrispin Phiri on this issue...
North Rhine-Westphalia’s Cosmopolitan Hub and Germany’s Fourth-Largest City: Cologne
In the heart of North Rhine-Westphalia, where tradition meets cosmopolitan flair, the vibrant city of Cologne stands as Germany's fourth-largest metropolis - and its most international after Berlin. Known for its spirited Carnival, iconic Kölsch beer, and thriving media industry, Cologne isn't just about old cathedrals and riverfront strolls. It's a city that embraces diversity, creativity, and celebration at every corner. As Channel Africa is in Germany, we caught up with Marija Mijuskovic, a Serbian media student and resident of Cologne for the past three years, who gave our reporter Micheal Mbewe a vivid look into life in this liberal, multicultural hub - from its festive street culture to its economic lifeblood in television and beyond. Here's her story from the streets of Cologne.
Rising Food Prices and Income Taxes Set to Curb Consumer Spending in 2026
Rising food prices coupled with higher personal income taxes are likely to dampen consumer spending with a moderation in spending expected in 2026 in South Africa. That's according to the latest FNB/BER Consumer Confidence Index which showed consumers were less pessimistic about future prospects. Much of this positivity hinges on the direction of the global economy. Dimakatso Leshoro filed this report.
Dr. Janet Cotton Leads African Revolution in Infrastructure Failure Prevention
In a continent where infrastructure resilience and risk management are paramount, Dr. Janet Cotton, one of Africa's most distinguished metallurgists and founder of the globally respected, accredited One Eighty Materials Engineering Solutions, is quietly leading a revolution in failure prevention. Based in Cape Town, South Africa this woman-led African laboratory is actively preventing catastrophic engineering failures, safeguarding multibillion-dollar assets, and significantly reducing investor risk across vital industrial sectors. Thabiso Lehoko spoke to Dr Cotton
SA is positioning itself as a key trade and investment partner for China
South Africa is positioning itself as a key trade and investment partner for China, as the South Africa-China Shenzhen General Chamber of Commerce hosted its annual gala in Johannesburg. The event brought together government officials, business leaders and Chinese investors to explore new opportunities for economic collaboration. Our reporter Lebogang Mabange attended the gathering and filed this report.
SA G20 Sherpa reports progress on climate financing commitments
South Africa's Director-General of the Department of International Relations and Co-operation,and G20 Sherpa Mr. Zane Dangor, says meaningful progress has been made on climate financing since the last Sherpas Meeting, with member states now being held accountable for their commitments. Dangor was speaking at the opening of the 3rd G20 Sherpas Meeting, currently underway in North West, South Africa. The gathering is being held under the theme "Solidarity, Equality and Sustainability".Channel Africa business reporter Innocent Semosa has more
Regional Health Experts meet in Zimbabwe to boost pandemic preparedness
Various regional health experts are in Harare for the next two days to look at ways of strengthening public health institutes to avoid the disaster that was encountered during the COVID-19 era. African countries were caught wanting during that era and most if not all of the regional nations had to rely on foreign goodwill especially from China. Through the Africa CDC, and WHO, a regional National Public Health Institute framework was formed four years ago, to foster cooperation but the meeting is taking place amidst an outcry after the US health fund withdrawal. More from John Cassim, our Correspondent based in Harare, Zimbabwe
Young people taking center stage in shaping the future of tourism in Africa
Young people are taking center stage in shaping the future of tourism in Africa. The 7th Africa Youth in Tourism Innovation Summit is currently underway in Johannesburg, South Africa bringing together youth entrepreneurs, industry experts, and government leaders from across the continent. The summit aims to drive innovation, support small business development, and position young people at the heart of Africa's tourism growth. Thabiso Lehoko spoke to Kwakye Donkor, Chief Executve Officer of Africa Tourism Partners
Business and financial markets developments: Absa's Lindile Malgas
For a look at the latest business and financial markets developments. Thabiso Lehoko spoke to Lindile Malgas, Investment Strategist at Absa Investment
China-Africa Economic and Trade Expo: Standard Bank
For this week's commentary slot by Standard Bank, we focus Standard Bank Business & Commercial Banking (BCB) leading a 48-member client delegation to the China-Africa Economic and Trade Expo - CAETE - in Changsha, China, earlier this month. CAETE is a key platform for enabling African exporters to access one of the world's largest and most resilient consumer markets. Held every two years, CAETE has emerged as a critical driver of bilateral trade between China and Africa. The 2023 edition drew over one -hundred - thousand visitors, featured almost 2 - thousand product categories, and facilitated over 10 - point - 3 billion US Dollars in signed deals across 29 participating countries. Thami Ngubeni spoke to Standard Bank Business & Commercial Banking Executive Head of International Trade, Luthando Vuba
SA Foundation Empowers Female Entrepreneurs with Business Support and Funding
The Woman of Stature Foundation is a South African organisation that goes above and beyond to support and empower female entrepreneurs in the country, including supporting them with access to funding for their businesses. The interview will focus on the Foundation's Professional Collective Summit for 2025 taking place next month on the 3rd. The Summit is a platform that will inspire, empower and equip female entrepreneurs for success. Thami Ngubeni spoke to Charlotte du Plessis, Founder and Chief Executive Officer of the Woman of Stature Foundation.
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