EU has given Africa’s biggest coffee exporter a $43 million grant says Uganda’s presidency
By Reuters
15 April 2024 |
3:33 am
Here's what's been making the business headlines in sub-Saharan Africa this week.
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US Entertainment giant Paramount Global announced on Monday that CEO Bob Bakish was stepping down. In this edition, we take a closer look at how the company's controlling shareholder, Shari Redstone, may have been behind this move and why the firm's value has plummeted 80 percent in the past eight years. Meanwhile in Argentina, President Javier Milei's second attempt at getting his economic overhaul package through parliament is facing fierce opposition.
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The presiding judge ruled that the former US president had violated a gag order nine times and fined him $9,000. Trump was also warned he could be jailed if he continued defying order.
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Oil marketers in Nigeria have attributed the reoccurrence of petrol scarcity to supply chain bottlenecks. Meanwhile, Angola has increased the price of diesel, as it phases out subsidies on the petroleum product. Rhode Luemba, Head of Flow Sales, Global Markets at Standard Bank Group, joins CNBC Africa to discuss these stories and more.
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The Economist unveiled its annual publication, The World Ahead 2024, under exclusive license to CT productions. The well-attended event took place on the 25th of April and featured leaders from various sectors highlighting issues and providing practical solutions for the future.
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British police charged two men with criminal damage after the tree was chopped down in September. The sycamore was more than 150 years old and one of Britain's most photographed trees.
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For many months, the weather all over Nigeria has been relatively hot. Many citizens have complained About the sun during the day, not being able to sleep at night, and wearing skimpy clothes during the day as the sun shone as though it was its last. GuardianTV spoke with Nigerians and professionals about their experiences and how to survive during the heatwave.
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As Spaniards get ready to elect 61 MEPs to the European Parliament in the June 9 elections, regional elections in Spain are sucking much of the political oxygen. The pro-independence EH Bildu coalition celebrated a historic result in the Basque vote on April 20.
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In Berlin, police have been clearing a pro-Palestinian protest camp set up outside the German parliament building. Police officials said they had to act after some protesters repeatedly used banned symbols and slogans.
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Bengaluru is running out of drinking water, with an estimated daily deficit of 500 million liters. The shortages have become a hot-button political issue during the 2024 election.
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The Biden administration is reportedly looking into reclassifying marijuana from the nation's most dangerous drug to a lower-risk drug, in a historic shift that could have ripple effects across the country.
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Find these stories and much more when you grab a copy of The Guardian on Thursday.
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