South Africa: Bumper sales for online retailers Published by Staff Writer on 6 January 2011 Online retailers in South Africa recorded good sales over the festive period.
Zambia seeking partners in mining sector Published by Staff Writer on 5 January 2011 Zambia Consolidated Copper Mines Investment Holdings Plc said in an advertisement today in the Lusaka-based Post newspaper that it is looking for local and foreign partners to help it explore for commodities across six prospecting licences.
Uganda to build refinery on public-private partnership basis Published by Staff Writer on 5 January 2011 Uganda’s government is planning to develop an oil refinery on a public-private partnership basis when oil production commences, the Daily Monitor reports.
New shoe manufacturing company opens in Malawi Published by Staff Writer on 5 January 2011 A small-scale shoe manufacturing firm has commenced operations in Lilongwe, Malawi.
South Africa may get new airline Published by Staff Writer on 5 January 2011 A new airline may start operating between Cape Town, Durban and Johannesburg this year.
Safaricom to boost network following negative reports Published by Staff Writer on 4 January 2011 Kenya’s largest mobile operator Safaricom will invest Ksh10 billion (US$125 million) in boosting its network.
Kenyan outsourcing firms losing out to foreign players Published by Staff Writer on 4 January 2011 Kenyan outsourcing firms are losing out to international players in clinching large deals in the local market.
Nigeria: Bread price to rise by 10% Published by Staff Writer on 4 January 2011 Master Bakers and Caterers of Nigeria will increase the price of bread in Nigeria because of the rising cost of baking and doing business in the country.
Sanlam to acquire 49% of Malawian life insurer Published by Staff Writer on 3 January 2011 South African financial services group Sanlam Limited, through its Sanlam Developing Markets Limited subsidiary, is set to acquire 49% of Malawi’s NICO Life Insurance Company Limited, the Malawi Voice recently reported.
Nigeria: Investors urged to take advantage of newly dredged River Niger Published by Staff Writer on 3 January 2011 Nigeria’s Minister of Transport, Yusuf Suleiman, has called on investors to take advantage of the newly dredged lower River Nigeria, This Day newspaper recently reported.
Malawi electricity prices increased by 20% Published by Staff Writer on 3 January 2011 Malawi’s power utility, the state-owned Electricity Supply Corp., has announced that electricity prices were increased by 20%, effective 1 January 2010.
Doubts over South Africa’s Bric invite Published by Staff Writer on 3 January 2011 Many analysts are sceptical about South Africa’s suitability to join the Bric group of emerging economies, the Sunday Times reported yesterday.
Volkswagen eyeing investment in Algeria Published by Staff Writer on 3 January 2011 German automobile manufacturer Volkswagen is considering to invest in Algeria, according to Business Report.
Kenya Commercial Bank looking to double branches in southern Sudan Published by Staff Writer on 3 January 2011 Reuters reports that Kenya Commercial Bank (KCB) expects to double its branches in southern Sudan if the region manages to conduct a successful referendum, scheduled for 9 January 2011.