Wednesday, 24th April 2024
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3 Dec
Following the virtual meeting of OPEC+ ministers, Riyadh announced it would extend its voluntary oil production cut of one million barrels per day until March 2024.
30 Nov
The Lagos State Internal Revenue Service has deployed an upgraded electronic process for the collection of Hotel Occupancy and Restaurants Consumption Tax in the state. How efficient is the process in driving tax revenues? Theo Emuwa, a Partner at Aelex, joins CNBC Africa for this discussion.
30 Nov
David Doyle brings you a round up of this week's business news from sub-Saharan Africa, including a setback for Zambia and currency woes in Nigeria.
29 Nov
Amid an ongoing strike by its mechanics in Sweden over a refusal to sign a collective wage agreement, Tesla has also filed a lawsuit against the country's postal workers. They have blocked deliveries of licence plates for its new cars, in solidarity with workers at the electric vehicle maker. Also in this edition, Chinese fast fashion giant Shein files to go public in the US and China tries to convince international investors to keep their supply chains in the country.
28 Nov
One month after opening a Tesla factory in Berlin, tech enterprenuer and billionaire Elon Musk opened the newest electric car making facility in Austin, Texas.
28 Nov
Today's shoppers have become accustomed to doing their own research to get the maximum value out of every dollar they spend, and to feel secure about the purchases they're making.
28 Nov
The Nigerian Exchange in a bid to further deepen the capital market engagements is targeting increased issuances of Islamic Finance instruments especially from Corporates. Jude Chiemeka, Executive Director, Capital Markets at the Nigerian Exchange joins CNBC Africa to discuss partnerships with the Islamic Development Bank Institute and near term outlook for the market.
26 Nov
Changpeng Zhao has reached a settlement with the US amid allegations his crypto platform failed to stop money laundering. Binance is the world's biggest crypto exchange by trading volume.
26 Nov
The CEO of Binance, Changpeng Zhao, has pleaded guilty to criminal charges, and has stepped down from the world's largest cryptocurrency exchange. Binance will pay more than $4 billion to the US government and admit wrongdoing, after it was accused of operating as an unregistered securities exchange among other violations of US money-laundering laws.
25 Nov
The project involves the construction of a rail and road system connecting Thailand's eastern and western coasts. It is designed to provide an alternate trade route between the Indian and Pacific oceans.
24 Nov
After two quarters of stagnation, gross domestic product (GDP) fell 0.1% in the third quarter. Some economists expect Germany to enter a technical recession early next year.
23 Nov
The Gulf countries are marching ahead with an ambitious domestic transition to renewable energy. But there is little chance they will stop exporting fossil fuels any time soon.

Latest

1 hour ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
4 hours ago
Tunde Onakoya, the Nigerian Chess expert who smashed the previous Guinness World Record for the longest chess marathon has returned to Nigeria. The founder of Chess In Slums Africa broke a new record of 60 hours of playtime in New York’s Times Square last Saturday, which is still receiving confirmation from GWR.
6 hours ago
Israel's economy suffered a major contraction in the final quarter of 2023, following the terrorist attacks. Its economy shrank by 5.2% compared with the previous quarter. Much was related to the labor force disruption which resulted when around 300,000 reservists were called up to the country's armed forces.
9 hours ago
The central Mexican city of Celaya has become the scene of a brutal turf war between rival drug cartels. These criminal groups have taken advantage of its strategic position at the crossroads for transporting drugs into the United States. Kidnappings, shootouts with police and drive-by killings now occur on an almost daily basis in broad daylight. Nearly 500 people were killed in Celaya last year. The city's police officers (pictured) risk their lives every day and are forced to travel in armoured vehicles. Our France 2 colleagues report, with FRANCE 24's Lauren Bain.
9 hours ago
We look at the US papers, who react to Ukraine being granted a $61 billion aid package. Also, five migrants die attempting to cross the Channel, just hours after the controversial Rwanda asylum bill is passed by the UK parliament.
10 hours ago
With the rate of insurgency in Borno State, many lives and families have been severely affected, with thousands being displaced and forced to live in internally displaced camps (IDP). A mother, who has lost neighbors, family, friends, and loved ones still in captivity, shares her heartbreaking experience of living in constant fear. She calls on the government to provide more basic amenities to help her and others in the IDP camp in Chabbol village, Borno state.