Ratan Tata, an iconic figure in the global business community, passed away at 86, leaving behind a legacy of remarkable achievements and profound influence. His leadership transformed the Tata Group into a powerhouse with international reach, spanning numerous industries. Revered for his strategic acumen, Tata's life was marked by visionary decisions, philanthropy, and a passion for innovation, shaping the lives of many both in India and beyond.
More
President Cyril Ramaphosa has signed the National Small Enterprise Amendment Bill. This aims to foster small business growth by establishing a new agency to streamline regulations, improve access to financing, and provide mentorship. It represents a crucial step toward economic development and job creation in South Africa.
More
The Energy and Petroleum Regulatory Authority (EPRA) has lowered fuel prices for a one-month period starting May 15, 2024. This adjustment reflects changes in the landed costs of imported fuels. Key cities like Nairobi, Mombasa, Nakuru, Eldoret, and Kisumu will see different new rates for super petrol, diesel, and kerosene.
More
In Nigeria, ongoing discussions between labor unions and the Nigeria Governors' Forum (NGF) revolve around setting a sustainable minimum wage. Labor organizations like NLC and TUC have proposed a new wage of N615,000, with the NGF assessing fiscal capacities for compliance.
More