Archive for the ‘What you need to know’ category

Morocco to construct 350 km high-speed rail line

Morocco is set to build a 350 kilometre high-speed rail line between the cities of Casablanca and Tangiers.

Uganda a vibrant economy for Qatar Airways

Qatar Airways has confidence in the Ugandan economy and sees it as a vibrant market.

Zambian president concedes electoral defeat

Zambian president Rupiah Banda has conceded electoral defeat to Michael Sata, who has been declared winner of the presidential election.

Why Ericsson chose Ghana for its African support hub

Swedish telecommunications firm Ericsson has picked Ghana to base its African Regional Support Centre (RSC).

Shoprite boosts its presence in Mauritius

The largest food retailer in Africa, the Shoprite Group, will be adding two new Shoprite supermarkets to its operations in Mauritius after acquiring two Kaddy Plus stores.

The end of SA’s low-cost airline industry as we know it?

South Africa’s low-cost airline industry is battling for survival amidst rising fuel prices, airport tax increases and sluggish consumer demand.

Logistics companies looking to cash in from Asia-Africa trade

Logistics services companies such as AP Moeller-Maersk A/S and Deutsche Post AG are boosting shipping links between Asia and Africa to benefit from record trade between the two regions.

Kenya: Former coffee plantations making way for property development

Farmland on the outskirts of Kenya’s capital Nairobi is increasingly being used for property development.

GoodLuck trio to perform at Digital Edge Live

With an upbeat blend of jazzy keyboards, sultry vocals and funky saxophone tones, GoodLuck are guaranteed to pack a punch with their energetic beats at the Digital Edge Live event on the 14th October 2011 at the Dragon Power arena in Cape Town.

China a key player in Africa’s hydropower industry

Chinese companies are involved in a host of hydropower projects on the continent.

Nigeria: Why major oil companies are not interested to build refineries

This Day newspaper reports that none of the international oil companies operating in Nigeria have shown an interest to build a refinery in the country.

South Sudan to relocate capital city

CNN reports that South Sudan will move its capital from Juba to the smaller town of Ramciel in the north. The government said that Ramciel will provide it with more room for expansion.

Kenya to introduce one-stop border posts

Kenya is set to establish five one-stop border posts, which will likely be a massive boost for trade in the region.

Dark days for South African hotels

Hotels in South Africa are being forced to close down due to a downturn in the hospitality industry.

Standard Bank’s Africa strategy will take time to show results

South Africa-based Standard Bank says that its strategy for the rest of the continent may take five years to show meaningful results.