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South Africa’s Shoprite chalks up 20% annual profit rise
One of Africa’s biggest retailers, Shoprite, delivered a 20.3% rise in annual earnings despite lockdown and restrictions. According to the company it is hoping to sell its assets in Madagascar and Uganda this financial year.
Read the original article here: https://www.reuters.com/world/africa/south-africas-shoprite-chalks-up-20-annual-profit-rise-2021-09-07/
Autochek acquires ROAM Africa’s online car platforms Cheki Kenya and Cheki Uganda
Nigeria’s automotive tech company, Autochek agrees to acquire automotive marketplaces Cheki Kenya and Cheki Uganda from Ringier One Africa Media (ROAM). With the acquisition, Autochek will expand its footprint with seamless access to auto financing across the African continent.
Read the original article here: https://www.graphic.com.gh/business/business-news/autochek-acquires-roam-africa-s-online-car-platforms-cheki-kenya-and-cheki-uganda.html
Commerce ministry notifies procedure for imports under India-Mauritius trade pact
India’s commerce ministry notifies tariff rate quota (TRQ) and procedure for import of goods that are covered under India- Mauritius free trade agreement. India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA) is a free trade pact that covers around 310 export and 615 import items from which both countries can benefit.
Read the original article here: https://timesofindia.indiatimes.com/business/india-business/commerce-ministry-notifies-procedure-for-imports-under-india-mauritius-trade-pact/articleshow/86010346.cms
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