Wal-Mart applies to operate in Zambia Published by Staff Writer on 17 January 2011 US-based retailer Wal-Mart Stores has applied to Zambia’s Competition and Consumer Protection Commission to buy Massmart Holdings’s operation in the southern African country, Bloomberg reported.
Nigeria: Goodluck Jonathan wins PDP’s presidential primaries Published by Staff Writer on 14 January 2011 Nigerian President Goodluck Jonathan early this morning defeated his closest rival and former vice president Atiku Abubakar to emerge as the Peoples Democratic Party (PDP) presidential candidate for the April elections.
Airtel to launch 3G services in Kenya Published by Staff Writer on 13 January 2011 Bharti Airtel will start offering third-generation telecommunication services in Kenya by the end of March, Bloomberg reports.
South Africa’s most affordable cities for home buyers Published by Staff Writer on 13 January 2011 Johannesburg and Port Elizabeth are the most affordable cities for home buyers in South Africa, Fin24 today reported, citing a property group.
Political crisis getting worse in Ivory Coast Published by Staff Writer on 13 January 2011 Ivory Coast’s commercial capital Abidjan has seen a second day of clashes between supporters of President-elect Alassane Ouattara and security forces loyal to rival President Laurent Gbagbo.
Tanzania’s broadband backbone to be completed by end of year Published by Staff Writer on 13 January 2011 Construction of Tanzania’s broadband backbone is expected to be completed by the end of the year.
Uganda needs to work with other East African states for development of oil industry Published by Staff Writer on 12 January 2011 Cooperation between Uganda and other East African states is critical for the successful development of the country’s oil and gas industry, Brian Glover, the country manager of Tullow Uganda said yesterday.
Kenya’s economy may grow by 6% in 2011 Published by Staff Writer on 12 January 2011 Kenya’s economy may grow by 6% this year compared to about 5% in 2010, a finance ministry official said at a conference.
Ghana oil refinery to restart operations on Friday Published by Staff Writer on 11 January 2011 Reuters reports that Ghana’s 45,000 barrel-per-day oil refinery in Tema will restart production on Friday after a two-week shutdown.
Kenya: Manufacturers anticipating an increase in demand Published by Staff Writer on 11 January 2011 Kenyan manufacturers are increasing their production capacity in order cater for an anticipated increase in demand following positive economic growth forecasts for the region.
Mozambique’s Movitel to invest $120m to upgrade infrastructure Published by Staff Writer on 10 January 2011 Mozambique’s third largest mobile operator Movitel will spend US$120 million over the next year to upgrade its infrastructure, Reuters recently reported.
South African car sales increase by 29.6% in December Published by Staff Writer on 10 January 2011 The National Association of Automobile Manufacturers of South Africa (Naamsa) today reported a 29.6% increase in vehicle sales in December compared to December 2009.
Zambia copper output to exceed 740,000 tons this year Published by Staff Writer on 10 January 2011 Zambia’s Finance Minister Situmbeko Musokotwane says the country’s copper production is likely to exceed 740,000 tons in 2011.
Botswana traders shunning local farmers in favour of South African imports Published by Staff Writer on 10 January 2011 Nemanja Radovanovich, a spokesman of Botswana’s Talana Farms, says that the country’s traders prefer to import produce from South Africa rather than buy from local farmers.
