Business News You Need Right Now

Welcome to the Business hub of Zulu Surf Riders Daily. Here we cut through the noise and bring you straight‑to‑the‑point stories that affect your wallet, career, and everyday life across Africa.

Latest African Business Stories

President Tinubu just rolled out the 3MTT programme – a bold move to create three million tech jobs for Nigerian youths. The plan promises training, apprenticeships and real gigs in sectors like fintech, renewable energy and e‑commerce. If you’re a young professional or an investor, this could be a game‑changer.

Crypto fans felt the sting as Bitcoin dropped to $50K. The plunge came after regulators cracked down and confidence slipped. Experts warn that continued volatility might spill over into traditional markets, so keep an eye on your crypto holdings.

Kenya’s tourism industry is bleeding bookings to Tanzania because of ongoing protests over the Finance Bill 2024. Hotels, tour operators and local vendors are feeling the pinch. Travelers looking for a smooth experience may want to compare options before booking.

Citi has been crowned the top provider of transaction services in the Middle East. Their cash‑management tools and trade solutions help multinationals move money faster and cheaper. If your business deals with cross‑border payments, Citi’s platform is worth checking out.

Bybit Web3 just launched DEX Pro – a decentralized exchange that mixes DeFi benefits with smart trading tech. It supports multiple blockchains and wallets, giving traders more control over assets without relying on a central party.

In Kenya, the Energy & Petroleum Regulatory Authority announced a mid‑May fuel price cut. Diesel, petrol and kerosene will see lower rates in major cities, easing transport costs for commuters and logistics firms alike.

Why It Matters to You

Every story here has a ripple effect on jobs, investments and daily expenses. Whether you’re hunting a new gig, planning a vacation, or managing a company’s cash flow, staying informed helps you make smarter choices.

Got a question about any of these topics? Drop us a comment or reach out directly – we love hearing from readers who want to turn news into action.

Tinubu's Ambitious 3MTT Programme Outlines Strategy to Generate 3 Million Jobs for Nigerian Youths
Martin Bornman 13 August 2024

Tinubu's Ambitious 3MTT Programme Outlines Strategy to Generate 3 Million Jobs for Nigerian Youths

The Nigerian Federal Government has launched the 3 Million Jobs Through Tech (3MTT) programme, aimed at generating employment for the youth. Announced by Minister Mohammed Idris, this initiative seeks to alleviate unemployment and economic challenges under President Tinubu's administration. By creating jobs across various sectors, the programme aims to empower and engage Nigeria's young population.

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Bitcoin Plummets to $50K Amid Crypto Market Turmoil: Key Factors and Implications
Martin Bornman 6 August 2024

Bitcoin Plummets to $50K Amid Crypto Market Turmoil: Key Factors and Implications

Bitcoin's value has crashed to $50K, driven by a blend of regulatory challenges, diminishing investor trust, and economic struggles. The sell-off is raising alarms about the stability of the crypto market. Experts warn that prolonged volatility could trigger a recession. Terra Luna to pay $4.5B settlement to the SEC adds to the market's woes.

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Amid Protests, Kenya's Tourism Industry Loses Bookings to Tanzania
Martin Bornman 24 July 2024

Amid Protests, Kenya's Tourism Industry Loses Bookings to Tanzania

Kenya's tourism industry is under severe strain due to ongoing anti-government protests. The turmoil, triggered by the Finance Bill 2024, has led to a significant decline in tourist bookings, with many tourists choosing Tanzania instead. This unrest jeopardizes a sector that plays a crucial role in Kenya's economy.

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Citi Named as Leading Provider of Transaction Services in Middle East
Martin Bornman 23 May 2024

Citi Named as Leading Provider of Transaction Services in Middle East

Citi has been recognized as the leading bank for transaction services in the Middle East. The bank's extensive footprint in the region spans several countries, and it serves a wide range of clients from multinationals to regional champions. Citi's comprehensive offerings in cash management, trade, and commercial cards underscore its leadership position in the market.

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Bybit Web3 DEX Pro Revolutionizes Trading with Cutting-Edge DeFi Tools and Technology
Martin Bornman 16 May 2024

Bybit Web3 DEX Pro Revolutionizes Trading with Cutting-Edge DeFi Tools and Technology

Bybit Web3, one of the global leaders in cryptocurrency exchanges, launches Bybit Web3 DEX Pro. This innovative decentralized exchange platform is equipped with advanced tools, blending DeFi benefits with i-SMART technology to enhance trading. The platform supports multiple blockchains and wallets, offering a comprehensive suite for smart trading decisions.

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EPRA Announces Fuel Price Reduction in Kenya Effective Mid-May
Martin Bornman 15 May 2024

EPRA Announces Fuel Price Reduction in Kenya Effective Mid-May

The Energy & Petroleum Regulatory Authority (EPRA) has declared a reduction in fuel prices for the period from May 15 to June 14, 2024, in response to fluctuations in the global petroleum market. This price change impacts Super Petrol, Diesel, and Kerosene, with varying price adjustments across major Kenyan cities.

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