MauBank Pretax Profit Rises 30% to US$25M
MauBank pretax profit rose 30% to Rs 1.19 billion (US$25.2 million) in the year to 30 June 2026, but net...
October 23, 2026Section
Business
Economic and Business News in Rio de Janeiro and Brazil
Volaris Viva Merger Faces 73% Fare Warning
A consultancy warns the Volaris Viva merger, reaching about 73% of Mexican domestic traffic, could lift fares while the antitrust...
October 23, 2026
Aerolíneas Argentinas Loses US$63M on Fuel
Argentina's state airline Aerolíneas Argentinas lost about US$63 million in the first half as jet fuel rose 90%, and says...
October 23, 2026
Nedbank Phone Theft Costs Customer US$1,200
Nedbank phone theft left a customer US$1,200 short after the banking ombud rejected his refund claim, IOL reported on 23...
October 23, 2026
First HoldCo Value Hits US$4.7B on 19 Oct
First HoldCo, the parent of FirstBank, was worth about US$4.7 billion on 19 October 2026, after a rally that more...
October 23, 2026
UBA Bank Gets Asset Order in US$183,000 Case
A Lagos court granted UBA an asset order in a N242 million (about US$183,000) fuel cargo dispute involving Vitol SA,...
October 23, 2026
MultiChoice Revenue Falls 3% in Nine Months
MultiChoice revenue fell 3% in the first nine months of 2026, Canal+ said on 22 October, as DStv resets its...
October 23, 2026
Safaricom Launches Fuliza Ya Pochi on 22 Oct
Safaricom launched Fuliza Ya Pochi on 22 October 2026, an overdraft that lets Kenyan micro-merchants spend from an empty business...
October 23, 2026
Chile’s CMPC Wins US$4.6B Brazil Mill Permit
Chile's CMPC won a Brazilian state permit on 22 October for its US$4.6 billion pulp mill, but it still needs...
October 23, 2026