Casas Bahia Shareholders Back US$3.4B Filing
Casas Bahia shareholders ratified the judicial recovery filing on 19 October 2026, but the São Paulo court has not yet...
October 20, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Nigeria Urges Oil Giant NNPC Listing, US$1T
Finance Minister Taiwo Oyedele urged an NNPC listing on Monday 19 October to build a US$1 trillion Nigerian capital market...
October 20, 2026
Safaricom Refunds Old M-Pesa Cash 23 July
Safaricom refunds send forgotten M-Pesa balances from old, recycled lines to owners' current numbers, matched by national ID or passport....
October 20, 2026
Tech Group Datatec Core Earnings Seen Up 53%
Datatec core earnings per share should rise 52.9% to 60.6% in the half-year to August, the Johannesburg tech group told...
October 20, 2026
Ethio Telecom Names Acting CEO After 8 Years
Ethio Telecom's board named Tariku Demissie acting CEO on 18 October, after Frehiwot Tamiru moved to the cabinet. The operator...
October 20, 2026
Kenya Vodacom Safaricom Stake Stays at 55%
The Vodacom Safaricom stake stays at 55% while Kenya's Court of Appeal hears the case, after a High Court ruling...
October 20, 2026
Vehicle Tracker Karooooo Profit Rises 18%
Karooooo profit rose 18% in the six months to 31 August as Cartrack added a record 236,988 subscribers, the Nasdaq-listed...
October 20, 2026
Morocco’s Biggest Bank Joins Yuan Hub 20 Oct
Morocco's biggest bank, Attijariwafa, joined China's CIPS on 20 October, so Moroccan firms can settle trade with Chinese partners in...
October 20, 2026
Nedbank Takeover Wins 66% of Kenya Bank NCBA
The Nedbank takeover of NCBA settles on 21 October, giving the South African bank 66% of Kenya's NCBA Group in...
October 20, 2026