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Equity Bank overtakes KCB in net profits for the first quarter of 2018 - African Business Chief

Fri, 05/18/2018 - 12:49

African Business Chief

Equity Bank overtakes KCB in net profits for the first quarter of 2018
African Business Chief
Kenya's Equity Bank Group has noted a 21.7% rise in its net profits in the first quarter of 2018, reaching Sh5.9bn (US$58.7mn). The bank has moved ahead of KCB, which is considered a top industry leader in the nation. Equity claims that its success can ...

186mn set to be connected to mobile broadband in East Africa by 2022 - African Business Chief

Fri, 05/18/2018 - 11:41

African Business Chief

186mn set to be connected to mobile broadband in East Africa by 2022
African Business Chief
According to the UK-based consultancy firm, Ovum, collectively all nine East African nations will have 186mn people connected to mobile broadband by 2022. Kenya, Tanzania, and Uganda will make up 60.2% of all connectivity in the review period, with ...

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The precarious economics of the media business is the biggest threat to press freedom in Africa - Quartz

Fri, 05/18/2018 - 07:23

Quartz

The precarious economics of the media business is the biggest threat to press freedom in Africa
Quartz
Press freedom is often thought of in relation to political pressure. There is more than enough evidence that threats, intimidation and imprisonment of journalists remain a serious cause for concern in Africa. But two recent gatherings on the continent ...

Shareholders approve Lafarge Africa N13.01b dividend payout - Guardian (blog)

Fri, 05/18/2018 - 05:12

Guardian (blog)

Shareholders approve Lafarge Africa N13.01b dividend payout
Guardian (blog)
“The Board of Directors is mindful of the support of all our shareholders through the difficult but necessary journey to transform the company into a more agile and correctly financed business ready to benefit from the potential opportunities in ...

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A synoptic look of the Cameroonian economy [Business Africa] - africanews

Thu, 05/17/2018 - 20:01

africanews

A synoptic look of the Cameroonian economy [Business Africa]
africanews
Business Africa. Cameroon's government launched an “ECMR 5.5% net” bond loan in 2016 on the Doula Stock Exchange. Africanews senior journalist, Jean David Mihamlé, was on set for analyses on the current state of bond loans in the country. AdChoices.

Ade Olufeko moderates socio-cultural panel at London Business School African Summit - The Punch

Thu, 05/17/2018 - 19:19

The Punch

Ade Olufeko moderates socio-cultural panel at London Business School African Summit
The Punch
The London Business School's African Club recently held their annual event; LBS Africa Business Summit, commanding a massive attendance of business professionals, entrepreneurs, investors and students. The event themed; Scaling for Impact took place ...

Wild Geese: 'Cities like Cape Town and Nairobi are already world-class innovation hubs' - Irish Times

Thu, 05/17/2018 - 17:00

Irish Times

Wild Geese: 'Cities like Cape Town and Nairobi are already world-class innovation hubs'
Irish Times
“I had the privilege to meet and work for Mo Ibrahim, founder of Celtel (now Bharti Airtel), and the man who brought mobile phones to Africa. Mo's impact on the Continent convinced me that business, if correctly leveraged, can have the most meaningful ...

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Africa's Business Schools Need to Be Locally Relevant and Globally Wise - AllAfrica.com

Thu, 05/17/2018 - 16:00

Africa's Business Schools Need to Be Locally Relevant and Globally Wise
AllAfrica.com
This question, raised by the African Management Initiative in a recent report, sums up the complex nature of the challenge facing African business schools when picking a path between global recognition and local relevance. There is no doubt that ...

South Africa: Police Supplier's Offices Closing, but Business Still Running - AllAfrica.com

Thu, 05/17/2018 - 11:17

South Africa: Police Supplier's Offices Closing, but Business Still Running
AllAfrica.com
For employees working at embattled police IT supplier Forensic Data Analysts (FDA), Friday was the last day on the job. News24 has reliably learnt that the offices of the company, which has been accused of wide-scale corruption in its police and State ...

India keen to do business with Africa's energy sector - Creamer Media's Mining Weekly

Thu, 05/17/2018 - 11:15

Creamer Media's Mining Weekly

India keen to do business with Africa's energy sector
Creamer Media's Mining Weekly
Representatives from more than 45 Indian companies have been in Cape Town for the African Utility Week, with the hope of cracking deals in everything from the supply of galvanised wire to solar inverters and water generators. Indian Chamber of Commerce ...

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India keen to do business with Africa's energy sector - Creamer Media's Engineering News

Thu, 05/17/2018 - 11:14

India keen to do business with Africa's energy sector
Creamer Media's Engineering News
Representatives from more than 45 Indian companies have been in Cape Town for the African Utility Week, with the hope of cracking deals in everything from the supply of galvanised wire to solar inverters and water generators. Indian Chamber of Commerce ...

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Africa's business schools need to be locally relevant and globally wise - Mail & Guardian

Thu, 05/17/2018 - 09:09

Mail & Guardian

Africa's business schools need to be locally relevant and globally wise
Mail & Guardian
If 99.6% of businesses in a country like Nigeria employ fewer than 10 workers, does it make sense to teach Nigerian business students how to manage Fortune 500 companies in the US using Harvard Business School case studies? This question, raised by ...

EnerMech aims to double African revenues to £50m - insider.co.uk

Thu, 05/17/2018 - 08:12

insider.co.uk

EnerMech aims to double African revenues to £50m
insider.co.uk
Aberdeen-based engineering services company EnerMech has appointed a new regional director for Africa, where it plans to double revenues to more than £50m over the next three years. Salvatore Cutino has joined the business from Welsh global ...
EnerMech 'will double Africa revenue' to £50mPress and Journal

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South Africa: Deputy Minister Magwanishe and Mec Kholwane to host business breakfast dialogue on rural and ... - CNBCAfrica.com

Thu, 05/17/2018 - 05:05

South Africa: Deputy Minister Magwanishe and Mec Kholwane to host business breakfast dialogue on rural and ...
CNBCAfrica.com
The Deputy Minister of Trade and Industry, Mr Bulelani Magwanishe and the MEC for Finance, Economic Development and Tourism in Mpumalanga, Mr Sikhumbuzo Kholwane will host an interactive business breakfast dialogue on the Rural and Township ...

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South Africa to chair 2018 BRICS Summit - Independent Online

Wed, 05/16/2018 - 19:34

Independent Online

South Africa to chair 2018 BRICS Summit
Independent Online
For this outreach various African countries have been invited in various capacities including Rwanda as the Chair of the African Union, Namibia as the incoming Chair of the Southern African Development Community (SADC) and Togo as the Chair of the ...

Africa's business schools need to be locally relevant and globally competitive - Quartz

Wed, 05/16/2018 - 16:19

Quartz

Africa's business schools need to be locally relevant and globally competitive
Quartz
If 99.6% of businesses in a country like Nigeria employ fewer than 10 workers, does it make sense to teach Nigerian business students how to manage Fortune 500 companies in the US using Harvard Business School case studies? This question, raised by ...
The cost of education in South Africa vs the world in 2018BusinessTech

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This is how much more Patrice Motsepe is worth than Barcelona's Messi and Suarez - Business Insider South Africa

Wed, 05/16/2018 - 12:42

The South African

This is how much more Patrice Motsepe is worth than Barcelona's Messi and Suarez
Business Insider South Africa
If Motsepe, the fourth richest man in South Africa worth an estimated $2.1 billion (R25.6 billion), were to step out among these global soccer superstars, they would look downright poor by comparison. Lionel Messi has a net worth "only" R3.6 billion ...
Revealed: The cost of bringing Barcelona to South Africa to play SundownsThe South African

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Equity Bank ranked the top lender in Kenya, according to Think Business - African Business Chief

Wed, 05/16/2018 - 12:31

African Business Chief

Equity Bank ranked the top lender in Kenya, according to Think Business
African Business Chief
Mwangi was granted the CEO of the Year award for the second year at the Think Business Awards. The bank also recently won five awards at the Banker Africa (EA) Awards, including Best Commercial Bank in Kenya and East Africa and Best Bank in Digital ...

Questions mount over Barclays Africa and Absa Bank chief departure - Independent Online

Wed, 05/16/2018 - 10:03

Independent Online

Questions mount over Barclays Africa and Absa Bank chief departure
Independent Online
Questions mount over Barclays Africa and Absa Bank chief departure. Companies / 16 May 2018, 11:00am / ANA. Share on Facebook · Share on Twitter · Share on LinkedIn; Tell a Friend; Share via WhatsApp. File photo: Simphiwe Mbokazi. CAPE TOWN ...
David Hodnett declined Barclays 'kick downstairs' and quitBusiness Day

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ESPERITE NV (ESP) WITH CRYOSAVE TAKES OVER FULL CONTROL OF BUSINESS IN SOUTH AFRICA AND ... - Nasdaq

Wed, 05/16/2018 - 08:31

ESPERITE NV (ESP) WITH CRYOSAVE TAKES OVER FULL CONTROL OF BUSINESS IN SOUTH AFRICA AND ...
Nasdaq
Amsterdam, the Netherlands - 16 May 2018. Esperite NV, The Regenerative and predictive medicine company has acquired control of its long-term South African joint venture CryoSave South Africa Ltd. Effective 1 April 2018, Esperite NV consolidates the ...

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