Business

From April next year, South Africans will begin to buy tax free sanitary pad, the country’s newly appointed Finance Minister, Tito Mboweni has said, even as he promised additional funds to ensure female students have access to the pads. There have been growing calls for this amid complaints that girls…

Weststar Associates Limited, the Sole Distributors of Mercedes-Benz products in Nigeria recently launched the new Mercedes-Benz Actros and Arocs truck into Nigeria’s automobile market. Speaking at the launch which attracted dealers, representatives of Daimler AG, distributors and auto enthusiasts among others, Mirko Plath, Mananging Director of Weststar Associates said Mercedes-Benz…

Minister of Labour and Employment, Dr. Chris Ngige has appealed to the organised labour to accept the new minimum wage proposal of N24,000 considering the capacity and ability of the government and the private sector to pay. Ngige said this when he received the new Director-General of Nigeria Employers Consultative…

The Kenyan government expects to attract more than 2.5 million tourists annually by 2022, Cabinet Secretary Najib Balala says. The projection represents a 72 per cent growth on the 2017 arrivals which stood at 1.45 million. Mr Balala said the ministry will partner with private players in the tourism sector…

Electricity Distribution Company, Ikeja Electric Plc (IE), in collaboration with one of its business partners, XT Monitor Ltd, has organized a four-day medical outreach for the benefit of communities within its network. The outreach, which focuses on the prevention and management of non- communicable diseases with special attention to diabetes…

An increase of 945MW of electricity is expected to be added in the national grid before the end of the year, Minister of Power, Works and Housing, Mr Babatunde Fashola, has said. Fashola made the comment on Thursday at the Nigeria-South Africa Chamber of Commerce breakfast business meeting in Lagos.…

Cofense, a leading provider of human-focused phishing defence solutions, has added automation to its flagship product line for phishing simulations. According to a recent news release by Cofense, Cofense PhishMe™ users can now strategically plan and automate the delivery of their phishing simulation programmes using built-in playbooks. Anton Jacobsz, managing…

Nestoil Limited has appointed Mr. Obinna Ufudo as Executive Director, Operations. The firm in a statement on Tuesday, quoted Nestoil’s Group Managing Director, Dr. Ernest Obiejesi, saying “Nestoil is quite pleased to welcome Obinna Ufudo to our team. “His career experiences bring further depth to our work force and will…

Social media giant, Facebook, is putting new policies in place to guide against voters suppression even as the U.S. midterm elections draw nearer. Facebook says it is broadening its policies against voter suppression. According to Facebook, the updates were designed to address new types of abuse that the social giant…

In a reaction to the positive market and earnings, German carrier, Lufthansa Group has approved the purchase more new aircrafts even as it gears up for the coming year. According to a statement from the company, the Supervisory Board of Deutsche Lufthansa AG approved the purchase of 27 short and…