Ranked: Africa’s ten most expensive cities Published by Femi Adewunmi on 27 July 2011 A number of African cities feature in this year’s rankings of the most expensive places for expatriates.
Why Luanda is the world’s most expensive city Published by Femi Adewunmi on 27 July 2011 Finding good and secure accommodation for expatriate employees is a real challenge in many African cities and costs can be significant compared to other regions.
Nigeria’s Jonathan calls for longer, single presidency term Published by Staff Writer on 27 July 2011 Nigerian President Goodluck Jonathan said on Tuesday he will send a constitutional amendment bill to parliament aimed at changing the presidential and state governorship tenures to a longer, single term.
Namibian mining tax hike will discourage investment, says industry body Published by Staff Writer on 26 July 2011 Namibia’s Chamber of Mines wants the government to reconsider plans to impose a further 17% tax on exploration and mining firms in the southern African producer of diamonds and uranium, saying it would discourage investors.
Zimbabwe economy to grow by 9.3% in 2011, says government Published by Staff Writer on 26 July 2011 Zimbabwe’s economy is on course to grow by 9.3% in 2011, up from 8.1% last year, mainly on the back of a continued recovery in the key mining and agriculture sectors, Finance Minister Tendai Biti said on Tuesday.
Groupon South Africa successful despite depressed times Published by Loraine Stander on 26 July 2011 “We all need treats, even when things are a bit tight,” says Wayne Gosling, CEO of Groupon South Africa.
South African seafood firm lands Walmart supply contract Published by Femi Adewunmi on 26 July 2011 Amidst huge controversy around Walmart’s entry into Africa, it was yesterday announced that Oceanfresh, a South African seafood company, has secured a deal to supply hake fillets to the US-based retailer.
DRC not an easy environment, but opportunities abound Published by Jaco Maritz on 26 July 2011 The Democratic Republic of Congo (DRC) is not a market for small businesses without the capital to do adequate research and afford the country’s high operating costs.
Mining firm sees long-term potential in Zimbabwe Published by Staff Writer on 25 July 2011 Anglo American Platinum has not received any rejection notice from the Zimbabwean government over its plan to transfer a majority stake in its local operation to black investors, the company’s chief executive said on Monday.
Only 4.5% of South Sudan’s land currently under cultivation Published by Femi Adewunmi on 25 July 2011 A satellite land cover survey by the Food and Agriculture Organisation (FAO) has revealed that only 4.5% of South Sudan’s available land is currently under cultivation.
China to build power plant in Central African Republic Published by Staff Writer on 25 July 2011 The Central African Republic (CAR) said on Monday it had signed a 14 billion CFA franc ($30.6 million) deal with a Chinese company to complete construction of a 10 megawatt power plant that would increase power supply to the capital.
Has the spirit of the Arab Spring arrived in Malawi? Published by Imara Africa Securities team on 22 July 2011 Many analysts, ourselves included, were of the opinion that the political unrest seen in North Africa earlier this year was unlikely to spread through the rest of the continent.
Was Chinaphobia the real reason for the Cameron delegation? Published by Loraine Stander on 21 July 2011 “We know that Britain has an agenda for Africa,” says Prof Chris Landsberg, head of the Department of Politics at the University of Johannesburg.
More trouble for Walmart’s entry into Africa Published by Staff Writer on 21 July 2011 The South African government is looking to overturn the country’s Competition Tribunal’s decision to allow US-based Walmart’s takeover of local retailer Massmart.