Ninth Woolworths Store Opened In Namibia // Neuvième Magasin Woolworths Ouvert En Namibie
Woolworths has opened its ninth store in Namibia, the retailer said on Wednesday. “This new store in Windhoek is another example of our ongoing commitment...
Category : BUSINESS
Manufacturers Bank On Renewable Energy To Counter High Power Costs // Banque Des Fabricants Sur Les Energies Renouvelables Aux Coûts De Haute Puissance De Compteur
When Cadbury Kenya and Eveready East Africa earlier this month announced that they were closing shop and laying off a total of 400 employees, few...
Africa Need to Promote Agricultural Business In Processing And Manufacturing // Afrique Nécessité De Promouvoir Des Entreprises Agricoles Dans la Transformation et La Fabrication
One of the most obvious ways of adding value to agricultural production is by processing that output within Africa. Pineapples can be canned for export...
Egyptian Saudi Insurance House Contribute 10% In Egypt’s SALAMA New Firm //Arabie égyptienne Assurance Maison Contribuer 10% en Nouvelle-SALAMA la ferme de l’Egypte
Egyptian Saudi Insurance House and Faisal Islamic Bank are planning to contribute in Salama Family Takaful Company (Life Insurance) in Egypt in which SALAMA –...
Lamborghini Reveals Ace At Paris Motor Show // Lamborghini Dévoile Ace A Paris Motor Show
A FEW manufacturers certainly kept some surprises under wraps for the 2014 Paris Motor Show. Lamborghini was one. The luxury car manufacturer revealed its Asterion...
Diversifying to Africa: Gulf Countries To Pump $30 Billion Into The Continent // La Diversification De l’Afrique: Les Pays Du Golfe à Pompe 30 Millard’s De Dollars Dans Le Continent
A study expected that annual contributions are likely to average $5 billion in the coming years, which equates to at least 10 per cent of...
Kalonzo Woos Chinese Investors, Tourists During Beijing Forum //Kalonzo Courtise Les Investisseurs Chinois, Touristes Cours De Beijing Du Forum
By Dennis Kavisu Former VP Kalonzo Musyoka has made a passionate appeal to the Chinese entrepreneurs to choose Kenya as their preferred tourism and...
Flow Of Gas From Nigeria Still Not Solution To Dumsor – ECG
The Electricity Company of Ghana (ECG) says the resumption of gas supply by Nigeria will not have any significant effect on the energy crisis in...
Zanzibar Exports Value Up
INCREASE in the volume and price cloves contributed immensely to the rise of Zanzibar exports value for the year ended July as compared to the...
Morocco Courts Private Capital for $27 Billion Water Plan
Morocco will let private capital take the lead in developing desalination and irrigation projects as part of a $27 billion plan designed to lessen the...
Oil Prices Down Ahead Of Chinese Data
Oil prices fell in Asia on Monday as dealers await key Chinese manufacturing data for clues about demand in the world’s top energy consumer, analysts...
Kenya Recorded Sh144B In Entertainment And Media Revenues in 2013
Increased internet access is driving the growth of spend on TV and Radio in Kenya, according to a report released by PwC. Kenya recorded US$1.7B...
Etisalat Partners Samsung, TECNO , Others On Best Smartphone Offer In Nigeria
Etisalat Nigeria has announced partnership with mobile phone manufacturers Samsung Mobile, TECNO Mobile and others to deliver the Biggest Smartphone offer in the telecommunications...
Ancient Egyptian Coffin Lid Sold For £12,000 – Despite Cairo Officials Attempting To Block Auction
Sale goes ahead despite relic being ‘illegally removed from Egypt’ It was bought in Africa by big game hunter and journalist Captain ‘Tiger’ Sarll...
Oil Hits Two-Year Low As Supplies Build
Brent crude dropped to a two-year low below $97 a barrel on Thursday, falling for a sixth straight session as mounting supply and weak demand...
Investment in Egypt requires stimuli: GAFI chairman
Egypt’s investment environment requires several stimuli, including a bankruptcy law, High Investment Council, and a “one-stop shop” system, according to General Authority for Investment and...
China And Chad Rifts Deepen Over Oil Licenses, Spill Allegations
By CELESTE HICKS The relationship between the Chadian government and the Chinese National Petroleum Company (CNPC) has reached a new low, with the country threatening to...
African Gaming Company Targets €47m Income
A Malta-based gaming company operating in Africa is on track to reach its operating income target of €47 million. Pefaco, founded by Francis Perex...
Real Estate Funds Come To Africa
London – High stakes for high return, if you can stick it out for the long term – investors are buying into a boom in...
Natural Disasters Cause $41bn Losses
Zurich -Natural disasters caused total economic losses of $41bn in the first six months of this year, much less than usual, reinsurance group Swiss Re...