Local ICT Developers Should Take Full Advantage of Transform Africa Summit
As was to be expected, the second Transform Africa Summit kicked off with fanfare as thousands converged at Camp Kigali, the venue, yesterday. The more...
Category : BUSINESS
Engaging With An Aspirational Africa
Africa is no longer just about resources. India’s attitude towards Africa cannot remain imprisoned in the ‘dark continent’ stereotype. Neither can it be defined solely...
Airtel Deal To Sell Over 3,500 Towers in Africa Collapses
Bharti Airtel today said the deal to sell over 3,500 telecom towers in Africa to Eaton Towers has lapsed and stands terminated. “The agreements for...
Chinese-built Gas Project Launched in Tanzania
Tanzanian President Jakaya Kikwete on Saturday officially inaugurated a 535-kilometer gas pipeline built with a 1.225-billion-U.S.-dollar concessional loan from the Export-Import Bank of China. The...
Tunisia Signs 325-MTD Financing Agreement With AFESD
Tunisia and the Arab Fund for Economic and Social Fund (AFESD) signed a financing agreement worth 50 million Kuwaiti dinars (325 million dinars), on the...
Tanzania in Syndicated Loan Talks
Tanzania is talking to banks about a syndicated loan of between $500 million and $800 million, with proceeds earmarked to finance development projects, a central...
Nike Shares Jump After higher Prices Help Profit Beat Estimates
Nike store. Picture: REUTERS NIKE shares rose the most in a year after the world’s largest maker of athletic gear beat first-quarter earnings estimates, helped...
How To Find The Right People For Your Business -Richard Branson
Handing your business over to someone else is a challenge that every entrepreneur will experience to some extent during their career. But how do you...
Randgold To Redevelop Ghana Mine
By: Andre Janse van Vuuren, Thomas Biesheuvel and Ekow Dontoh Johannesburg – Randgold Resources agreed to lead and fund a plan to rebuild AngloGold Ashanti’s...
Import of onions from Afganistan And Egypt Help Keep Prices Stable
This year, onion prices broke their earlier record set in September 2013, and reached a new high of Rs 63/kg in August at the Lasalgaon . ET SPECIAL:Love visual...
VN, Egypt To Increase Trade Value
Tea is packed at Phu Ben Tea Company Limited for export to several markets, including Egypt. Viet Nam and Egypt expected to increase their...
Dell Takes Hollistic Approach To The Secondary Storage Market With Its Intelligent Data Management Solutions
Dell Robert Amatruda March 2009 IN THIS IDC WHITE PAPER In this white paper, sponsored by Dell, IDC analyzes the market opportunity for Dell’s new...
Bonds Weaker As Rand Lowers On Hopes of US Rate Hike
Picture: THINKSTOCK SOUTH African bonds were weaker in the late afternoon on Monday as the bond market tracked the softer rand. Local trade data appeared...
Egypt To Lose $320 Million As Higher Incomes In Egypt Will Qualify For Tax Exemptions
The recent amendment in the income tax law to raise the upper limit for the tax exemption income bracket is set to lower tax revenues...
Safaricom Increases Charges To Equitel Customers
IN SUMMARY Though Safaricom did not provide specific cases of fraud, it said there was an increase in the number of alleged erroneous or fraudulent...
Nigeria To Host The Africa $33bn RemitAfrica2015 Summit
Over 200 delegates and 65 industry stakeholders from more than 25 countries are expected to attend the RemitAfrica2015 event in Lagos in November. MobileMoneyAfrica will...
Sonangol To Acquire Cobalt’s Stake In Two Blocks Offshore Angola For $1.75bn
Angolan state oil company Sociedade Nacional de Combustíveis de Angola – Empresa Pública (Sonangol) has signed an agreement with Cobalt to acquire the latter’s 40%...
Oil Dives Below $40, First Time Since 2009
US crude oil prices on Friday dove below $40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing...
Anti-Corruption War ; Nigeria President Buhari Wants NITEL/MTEL Sale Probed
President has ordered probes into the sale of Nigerian Telecommunications, NITEL and Mobile Telecommunications, MTEL sold by the previous government of ex-president Goodluck Jonathan. President...
Morocco’s SAMIR Refinery To Halt Output
Morocco’s Societe Anonyme Marocaine de l’Industrie du Raffinage (SAMIR) will halt production at its 200,000 barrel per day (bpd) Mohammedia refinery due to financial difficulties,...