In addition to the important changes at Reuters, there have been a number of new entrants to the media market who focus on business journalism.
The presidency said on Saturday the entities that aided corruption were under investigation for various offences. But we must also pay attention to the day-to-day news coverage of Africa: An HSBC research note dated July 18 said a second Buhari term "raises the risk of limited economic progress and further fiscal deterioration, prolonging the stagnation of his first term, particularly if there is no move towards completing reform of the exchange rate system or fiscal adjustments that diversify government revenues away from oil.
Growth in Nigeria has returned after the economy entered into its worst recession in a quarter of century in Audiences who only saw this version of events were not exposed to its humanitarian or environmental dimensions.
News content is a crafted, cultural product. In the last two decades, around the world, general news markets have come close to collapsing, while markets for business journalism have grown.
As one of their reporters commented: Inflation started to rise in August, the statistics office said after slowing for 18 months. International news organisations are facing one of the most severe financial crises in their history.
Buhari took office in after an election campaign largely fought on his vow to fight corruption, but his detractors have accused him of failing to investigate allies accused of wrongdoing. Buhari plans to seek a second term in office at an election next February, which has created a rift within his ruling party, as some of his supporters quit to join the opposition.
How does this change investment or political risk? Trying to cut costs to survive, many have closed their foreign bureau, and slashed their travel budgets. However, the economy is still fragile, with high unemployment and weak infrastructure. The decline in traditional foreign correspondents has been especially dramatic in Africa, where most news outlets have no correspondents of any kind.
And these correspondents are often expected to cover an extremely large region — in some cases, the whole continent — meaning they are often desk bound and reliant on external sources for story ideas and updates.
Circulation and advertising revenue has crashed. Today there are more resources for business reporting about Africa than ever before.Africa Report on Business, Montreal, Quebec. likes · 5 talking about this. Africa Report on Business is a news aggregation website. Our mission is to.
It is good and appropriate that business journalists report on finance and markets in Africa, just as they do in other regions of the world. There is a problem, however, when business journalism (made with a financial clients in mind) becomes a central source of information for general news audiences.
Facebook; Twitter; Email; Select a. Facebook smacked down a Watch publisher that was trying to make some extra money — and it points to a looming problem for media companies which have been burned before on the platform.
A look at business across the continent. We talk to the people and businesses who are changing the economic face of Africa.
BBC correspondents in each country report on the growing trends and. Africa Business Pages provide useful information for those looking to promote their products and services in the emerging markets of Africa.
Free Newsletter, Classified Advertisements, Markets Reports, Exhibitions and Trade Fairs in Africa. Latest News Ethiopian airstrike: Kills 70 al-Shabab in Somalia A new report says Ethiopia’s air force has killed about 70 al-Shabab extremists in an airstrike in neighboring.Download