Africa Business In The News South Africa

Nigerian lawyer sues FirstRand for R1.3 billion

JOHANNESBURG, September 22 – Prominent Nigerian attorney Victor Obaika, who owns a professional stock car racing team in the US, is taking South Africa’s FirstRand Group to court over a contractual dispute worth millions of US dollars. Obaika alleges that the South African financial services provider, which also operates in Nigeria, breached trademark and intellectual property rights. Speaking […]

Africa In The News South Africa

Poaching threatens communities and undermines economy – ISS

JOHANNESBURG, September 22 – Ahead of World Rhino Day Friday, the Institute for Security Studies (ISS) in Pretoria has warned that the number of poaching incidents in Southern Africa has tripled since 2010, endangering lives, threatening communities and undermining the local economy. In a Thursday press release, the ISS said poachers of endangered species often benefited […]