South Africa facing electricity crisis for next two years Published by Staff Writer on 7 January 2011 South African power utility Eskom has warned that electricity supply will be under great pressure for the next two years as it waits for new power stations to come on line.
Zimbabwe allowed to hold two diamond auctions this year Published by Staff Writer on 6 January 2011 Zimbabwe’s deputy mines minister Gift Chimanikire says that Kimberley Process, an international body set up to control the sale of conflict gems, has given the country permission to hold two diamond auctions this year.
Fibre optic cable roll-out to boost broadband in Rwanda Published by Staff Writer on 6 January 2011 The Rwanda Development Board has revealed that the country’s fibre optic cable roll-out has been completed and that the network will be fully operational by April 2011.
Nigeria: Privatised companies struggling to survive Published by Staff Writer on 6 January 2011 Many privatised companies in Nigeria have either collapsed or are struggling to keep their heads above water.
Kenyan firm to generate power from ethanol Published by Staff Writer on 6 January 2011 A Kenyan clean energy firm Gravitas Ltd has announced its intention to generate ethanol-based electricity.
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.
