Social media giants get Congressional tongue-lashing
By Reuters
03 November 2017 |
10:44 am
Congress delivered a tongue-lashing to senior officials from Facebook, Google and Twitter on Wednesday, for allowing Russian actors to place ads on their sites in an attempt to influence the 2016 presidential election.
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Here's what's been making the business headlines in sub-Saharan Africa this week.
13 Apr
Nigeria’s Minister of Finance, Wale Edun says 4.83 trillion naira from T-Bills and Bonds issued in the first quarter of this year was used to pay part of the Ways and Means advances from the Central Bank of Nigeria. Sam Chidoka, CEO of Kairos Capital joins CNBC Africa for more on this discussion and Nigeria's debt management strategy.
4 days ago
A year after Lula came to power, his gamble has paid off: deforestation has been halved in the Amazon. But this success comes at the cost of sacrificing another ecosystem that's just as vital to Brazil: the Cerrado.
4 days ago
Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.
2 days ago
According to the International Monetary Fund (IMF), a 10% rise in the dollar on the currency market would push down real gross domestic product (GDP) in emerging economies by 1.9% after one year, with adverse economic effects lasting more than two years
1 hour ago
A Kenyan national flag flies at half mast in Nairobi on April 19, 2024, in honor of its defense chief General Francis Omondi Ogolla and nine other senior military officers who were killed in a helicopter crash.
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29 mins ago
Clashes between the Sudanese army and its rival paramilitary have killed at least 25 civilians in the North Darfur town of El-Fasher, a pro-democracy lawyers committee said Tuesday. FRANCE 24's Olivia Bizot reports from Nairobi, Kenya.
29 mins ago
Croatia is holding polls marked by a bitter campaign between the present heads of state and government as candidates. The elections could determine whether the EU nation moves toward Moscow or remains pro-West.
29 mins ago
Millions of people were under extreme weather warnings in Pakistan. At least 50 people were killed by lightning and thunderstorms across the country in the last four days.
1 hour ago
Three French diplomats were given 48 hours to leave Burkina Faso on Thursday after being declared persona non grata by the ruling junta. The trio have been accused of "subversive activities", allegations that Paris denies. Relations between the two countries have been unravelling since 2022, when Burkina Faso saw its second coup in less than nine months.
2 hours ago
Following the arrest of suspected left-wing terrorist Daniela Klette in Berlin, investigators are now hoping for new insights into crimes committed by the Red Army Faction.
2 hours ago
China's National Bureau of Statistics said on Monday that the country's economy grew to the tune of 5.3 percent in the first three months of the year, ahead of economists' expectations. Manufacturing and infrastructure are fuelling that growth, while housing and domestic consumption are still a source of concern. Meanwhile, German Chancellor Olaf Scholz is on a three-day visit to China, Berlin's top trading partner
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