Lagos Chamber of Commerce & Industry The Lagos Chamber of Commerce and Industry (LCCI) has posited that for Nigeria to take advantage of opportunities offered by the World Trade Organisation (WTO) under the leadership of Dr. Ngozi Okonjo-Iweala, it was important to build capacity for international competitiveness of our products and services. The Chamber also emphasised the need to address trade facilitation issues, especially around port processes, ports infrastructures, international trade documentation, foreign exchange policies, trade policies and industrial policies. The Director General of the chamber, Muda Yusuf, made the disclosure following the appointment of Okonjo-Iweala as the DG of the WTO, saying her emergence comes at a time when the global trading system is faced with n...
Former Ogun State Governor Gbenga Daniel has been officially received into the All Progressives Congress (APC) by state Governor Dapo Abiodun. Supported by governors of Ondo, Kebbi, Kano and Niger states, Rotimi Akeredolu, Atiku Bagudu Abdullahi Ganduje and Abubakar Sanni Bello, respectively, Abiodun received Daniel, a one-time Director-General of the 2019 Atiku Abubakar Presidential Campaign Organisation, into the party Tuesday night at his Asoludero Court residence in Sagamu. The ex-governor had in March 2019 officially resigned from the People’s Democratic Party (PDP) and announced his exit from partisan politics. Receiving Daniel into the party, Governor Abiodun said: ‘Daniel will come with a lot of experience, a lot of wisdom, he is a very dynamic individual, he is referred to as the ...
Mastercard has joined forces with MTN to enable millions of MTN MoMo customers in 16 African countries to shop and pay online with global merchants. Through a Mastercard virtual payment solution linked to MTN MoMo (Mobile Money) wallets, consumers can now unlock a host of opportunities and shop from their favourite international brands online while in their home countries or travelling abroad. The announcement comes at a time when eCommerce and online shopping are reaching record levels across Africa. According to the Economy 2021 outlook conducted by the Mastercard Economics Institute, 20-30% of the COVID-19-related surge in eCommerce will remain a permanent feature of overall retail spending. And shopping through mobile is largely how consumers access these opportunities. Across Sub-Saha...
King Price and Secura have introduced an app-based emergency response service, code red, in South Africa. In an emergency situation, app users can hit the panic button and the nearest armed response or emergency service vehicle will be dispatched. Code red taps into a network of more than 280 armed response companies, which connects to thousands of responders across all 9 provinces. Other services available to respond to a code red activation include the SA Police Service, metro, municipal and traffic law enforcement, ambulances, and fire and rescue services. “If you feel threatened, or if there’s a medical emergency, you open our app and tap on code red,” begins client experience partner at King Price, Wynand van Vuuren. “The code red control room will dispatch the closest linked armed re...
King Price and Secura have introduced an app-based emergency response service, code red, in South Africa. In an emergency situation, app users can hit the panic button and the nearest armed response or emergency service vehicle will be dispatched. Code red taps into a network of more than 280 armed response companies, which connects to thousands of responders across all 9 provinces. Other services available to respond to a code red activation include the SA Police Service, metro, municipal and traffic law enforcement, ambulances, and fire and rescue services. “If you feel threatened, or if there’s a medical emergency, you open our app and tap on code red,” begins client experience partner at King Price, Wynand van Vuuren. “The code red control room will dispatch the closest linked armed re...
When Finance Minister Tito Mboweni delivers the 2021 budget, he will do so fully cognizant that South Africans of all walks of life are being stretched – some beyond breaking point – as businesses take strain and some succumb to the devastating effects of the COVID-19 pandemic. The unemployment figure is alarming and unsustainable, and unless Mboweni and his team manage to implement meaningful stimulus to the formal economy, it is at risk of rising further. Sadly, millions in formal employment are not faring much better. PwC’s Financial Wellness Survey found that 89% of employees in the country were worried about paying off their loans and bills as of August last year. It would be a brave pundit to presume that figure would be lower in February 2021, just weeks after the traditionall...
When Finance Minister Tito Mboweni delivers the 2021 budget, he will do so fully cognizant that South Africans of all walks of life are being stretched – some beyond breaking point – as businesses take strain and some succumb to the devastating effects of the COVID-19 pandemic. The unemployment figure is alarming and unsustainable, and unless Mboweni and his team manage to implement meaningful stimulus to the formal economy, it is at risk of rising further. Sadly, millions in formal employment are not faring much better. PwC’s Financial Wellness Survey found that 89% of employees in the country were worried about paying off their loans and bills as of August last year. It would be a brave pundit to presume that figure would be lower in February 2021, just weeks after the traditionall...
Telecom Namibia CEO, Stanley Shanapinda and Paratus Group CEO Barney Harmse Paratus and Telecom Namibia have agreed to land subsea cable, Equiano, in Namibia. This move is expected to provide Namibian networks with greater capacity, stimulate economic growth and support a competitive telecommunication sector. “This is a major milestone for Paratus,” says Paratus Group CEO, Barney Harmse. “We are honoured to be co-investing with Telecom Namibia on the Equiano subsea cable project because this matches our goals of delivering unlimited connectivity and building Africa’s quality network with all the Internet capacity it needs.” In 2019, Google first announced its subsea cable project would connect Africa with Europe, running along the west coast of Africa, between Portugal and South Africa. Th...