News

East Africa growth forecast to remain buoyant in 2018 - Business Daily (press release) (blog)

Thu, 02/08/2018 - 08:35

Business Daily (press release) (blog)

East Africa growth forecast to remain buoyant in 2018
Business Daily (press release) (blog)
... performances in East Africa. Tailwinds. The government has made considerable efforts to contain recurrent expenditure and inefficient spending, including reducing the public-sector payroll and nonpriority spending while increasing development ...

Google News

FACTSHEET: New Star South Africa partnership programme is a hit - Independent Online

Thu, 02/08/2018 - 08:32

Independent Online

FACTSHEET: New Star South Africa partnership programme is a hit
Independent Online
They have been in business for 7 years and 3months. 2. NSN was launched in the UK in 2010and is a company totally focused on growing through Partnerships hence the launch of their partner programme. 3. NSN SA has been supporting its parent company in ...

Citigroup targets rapid Middle East, Africa growth in 2018 - Business Insider

Wed, 02/07/2018 - 22:25

Business Insider

Citigroup targets rapid Middle East, Africa growth in 2018
Business Insider
Citi was among those invited to pitch for a role in the stock market listing, sources told Reuters last month and the bank has already hired former Saudi Fransi Capital executive Majed al-Hassoun to head its Saudi investment banking business, which it ...

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South Africa business confidence rises to highest since Nene fired - Cape Business News

Wed, 02/07/2018 - 21:31

South Africa business confidence rises to highest since Nene fired
Cape Business News
South African business confidence rose to the highest level since before Nhlanhla Nene was fired as finance minister in 2015, the first of many events that hurt prospects and impacted markets in the continent's most-industrialized economy.

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South Africa business confidence rises to highest since Nene fired - Cape Business News

Wed, 02/07/2018 - 21:31

Business Recorder

South Africa business confidence rises to highest since Nene fired
Cape Business News
A series of leaked emails last year suggested the Gupta family, who are friends of Zuma and in business with his son, had advance knowledge of Nene's firing and influenced other cabinet appointments. Zuma changed his cabinet again in March to get ...
Secrecy on president's exit bad for South Africa, group saysBusiness Insider
South Africa opposition demand end to Zuma impasseBusiness Recorder
The Zuma hurdle: on South Africa power struggleThe Hindu
BusinessDay (satire) (press release) (blog) -Independent Online -CGTN America (blog)
all 293 news articles »

South Africa business confidence rises to highest since Nene fired - Cape Business News

Wed, 02/07/2018 - 21:31

Channel NewsAsia

South Africa business confidence rises to highest since Nene fired
Cape Business News
A series of leaked emails last year suggested the Gupta family, who are friends of Zuma and in business with his son, had advance knowledge of Nene's firing and influenced other cabinet appointments. Zuma changed his cabinet again in March to get ...
South Africa's Ramaphosa vows 'speedy' decision on Zuma's fateChannel NewsAsia
Deputy of South African Pres Jacob Zuma in talks to replace him as presidentCGTN America (blog)
South Africa's deputy president poised to replace ZumaChicago Tribune

all 109 news articles »

South Africa business confidence rises to highest since Nene fired - Cape Business News

Wed, 02/07/2018 - 21:31

South Africa business confidence rises to highest since Nene fired
Cape Business News
The index measuring business sentiment advanced to 99.7 in January from 96.4 in December, the South African Chamber of Commerce and Industry said in an emailed statement Tuesday. That's the highest level since October 2015. President Jacob Zuma's ...

Citigroup targets rapid Middle East, Africa growth in 2018 - Business Insider

Wed, 02/07/2018 - 21:11

Business Insider

Citigroup targets rapid Middle East, Africa growth in 2018
Business Insider
Citi was among those invited to pitch for a role in the stock market listing, sources told Reuters last month and the bank has already hired former Saudi Fransi Capital executive Majed al-Hassoun to head its Saudi investment banking business, which it ...

and more »

Data centre investments that define Africa growth - Business Daily (press release) (blog)

Wed, 02/07/2018 - 19:26

Business Daily (press release) (blog)

Data centre investments that define Africa growth
Business Daily (press release) (blog)
... and now by even more as the cloud blooms. In Africa, both Liquid Telecom and MTN have recently announced the expansion of their data centres in South Africa and in Kenya to provide more colocation services to meet the rising demand for cloud-based ...

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OLX will close its offices in Kenya and Nigeria - African Business Chief

Wed, 02/07/2018 - 17:30

African Business Chief

OLX will close its offices in Kenya and Nigeria
African Business Chief
The online marketplace and classified ads firm, OLX Group, has announced its plans to close its Kenya and Nigeria offices. The company confirmed in its announcement, made 7 February, that is has full intentions to continue its operations in both ...
Online ads firm OLX to shut down physical office in Kenya, NigeriaBusiness Daily (press release) (blog)
OLX Reported to be Shutting Down Kenya and Nigeria OperationsTechweez (press release) (blog)

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Tanzania anticipates the closure of forex bureaus following legislation - African Business Chief

Wed, 02/07/2018 - 16:57

Tanzania anticipates the closure of forex bureaus following legislation
African Business Chief
The Bank of Tanzania announced that as of 31 January, the number of forex bureaus that have closed shops in the country reached 110. The announcement, made on 6 February, also revealed that 71 bureaux de changes had relicensed shops, allowing their ...

WATCH: FNB is Africa's premier banking brand - Independent Online

Wed, 02/07/2018 - 13:00

Independent Online

WATCH: FNB is Africa's premier banking brand
Independent Online
CAPE TOWN - One of South Africa's ''big four'' banks, First National Bank (FNB) has been named Africa's leading bank in The Banker's Top 500 Banking Brands Report 2018. The leading bank ranked 141st in the global banking table, with a brand valuation ...

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Improving Nigeria's business environment - CNBC Africa - CNBCAfrica.com

Wed, 02/07/2018 - 09:18

CNBCAfrica.com

Improving Nigeria's business environment - CNBC Africa
CNBCAfrica.com
The World Bank listed Nigeria among the top 10 global reformers, as the country ranked 145th on ease of doing business. The areas of reforms covered starting a business, dealing with construction permits, registering property, getting credit and paying ...

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The Rebel Behind Africa's Telecom Revolution - Stanford Report

Tue, 02/06/2018 - 23:30

Stanford Report

The Rebel Behind Africa's Telecom Revolution
Stanford Report
During a recent appearance at Stanford Graduate School of Business, Masiyiwa recalled that the mock street fight was aimed at potential customers who didn't have bank accounts. “We had to persuade them that they could give us their money,” said ...

Jacob Zuma is set to resign as the president of South Africa - Business Insider

Tue, 02/06/2018 - 22:28

Business Insider

Jacob Zuma is set to resign as the president of South Africa
Business Insider
JOHANNESBURG (Reuters) - South Africa's Times Live online news service cited sources on Tuesday as saying President Jacob Zuma will resign as soon as a list of preconditions has been finalised in a deal struck with deputy president and African National ...
South Africa's Zuma moves closer to resignation as he cancels annual speechThe Globe and Mail
S Africa's Zuma holds talks with likely successor as exitBusiness Standard
As Zuma insists on giving final speech, clouds roll in over South AfricaThe National
NBCNews.com -Los Angeles Times -Business Recorder
all 841 news articles »

UPDATE 1-South32's S.African coal assets to become separate business within 6 months - Reuters

Tue, 02/06/2018 - 21:02

UPDATE 1-South32's S.African coal assets to become separate business within 6 months
Reuters
South Africa's government and mining companies have often been at odds over “black economic empowerment” which was established to redress the imbalances of white apartheid rule and Fraser said South32 would rather sell its coal business to a black ...

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Mentor Management Limited and Turner and Townsend Kenya merge - African Business Chief

Tue, 02/06/2018 - 18:08

African Business Chief

Mentor Management Limited and Turner and Townsend Kenya merge
African Business Chief
The program management specialist based in the UK, Turner and Townsend, has merged with its Kenya business with Mentor Management Limited (MML). Turner and Townsend has acquired a majority stake in the Nairobi-based firm. The purchase from Actis, a ...

OPINION: Africa's entrepreneurs pivotal to bright future - Independent Online

Tue, 02/06/2018 - 14:30

Independent Online

OPINION: Africa's entrepreneurs pivotal to bright future
Independent Online
Kizito Okechukwu, the co-chairperson of GEN Africa. Photo: Simphiwe Mbokazi/African News Agency/ANA. JOHANNESBURG - Africa is progressively taking ownership of its position on the global stage as a continent of growth and business opportunity which ...

Southern Africa may face food deficits due to armyworm and poor rains - Business Day

Tue, 02/06/2018 - 14:21

Business Day

Southern Africa may face food deficits due to armyworm and poor rains
Business Day
Bulawayo — Southern Africa, which recorded bumper crop harvests last season, could face food deficits following prolonged dry spells and the march of the fall army worm, a senior Food and Agriculture Organisation (FAO) official has said. Last week ...

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“Digital dynamism”: A new dawn for Retailers - African Business Chief

Tue, 02/06/2018 - 13:17

African Business Chief

“Digital dynamism”: A new dawn for Retailers
African Business Chief
Like their international counterparts, South African retailers would traditionally run specials where discounts or 'two for the price of one' offers are given for a period of between a few days and a few weeks, normally relating to a particular season ...