Lower interconnection fees to impact Kenya’s mobile market Published by Imara Africa Securities team on 20 August 2010 The Communications Commission of Kenya (CCK) has cut mobile interconnection fees by 50% to encourage telecommunications companies to lower the cost of calls.
Far more to Ethiopia than meets the eye Published by Imara Africa Securities team on 19 August 2010 According to the chief economist and vice president of the AfDB, Mthuli Ncube, “now is the right time for Ethiopia to invest in the necessary infrastructure that will enable it to introduce a stock market”.
Southern Sun takes over operations of Nairobi hotel Published by Dinfin Mulupi on 19 August 2010 African hotel group, Southern Sun, has taken over operations of the Holiday Inn Nairobi, re-launching the city hotel as the Southern Sun Mayfair Nairobi.
Brewers competing for a share of Angola’s beer market Published by Anthony Lopes Pinto and Estefania Jover on 18 August 2010 Angola has the third largest domestic market for alcoholic beverages in sub-Saharan Africa after South Africa and Nigeria, yet despite this it still has significant growth potential.
Kenya Airways launches Angola route Published by Dinfin Mulupi on 17 August 2010 Kenya’s national carrier, Kenya Airways (KQ), has launched flights to Luanda, Angola.
Zim economy may be much bigger than thought Published by Claude Harding on 16 August 2010 Just how big is the Zimbabwe economy and how upbeat should one be about growth prospects?
Growing demand for retail space in Kenya Published by Dinfin Mulupi on 13 August 2010 The increasing purchasing power among Kenya’s growing middle class is driving demand for the construction of more shopping centres.
Brazilian firms growing their presence in Africa Published by Imara Africa Securities team on 13 August 2010 Two of Brazil’s largest banks and a Portuguese peer announced that they have joined forces to invest in financial services companies across six African countries.
Japan to construct solar power plant in Botswana Published by Staff Writer on 12 August 2010 A one megawatt (MW) solar power station is set to be built in Botswana, the first of its kind in the country.
Mauritius a potential springboard for investing in Africa Published by Jaco Maritz on 11 August 2010 With its favourable tax regime and other business-friendly policies, Mauritius has over the years managed to attract a host of companies that use the island as a base for their foreign operations.
Firms looking to reduce dependency on state power utilities Published by Imara Africa Securities team on 11 August 2010 In line with the prevailing commodities boom, we foresee a similar trend on sources of power such as coal and uranium. However, the critical shortage of power has also had a negative impact on economies.
Bank rethinking agricultural finance in Zambia Published by Staff Writer on 10 August 2010 Twelve months ago financing agriculture in Zambia was not seen as a core offering of Standard Bank and not much attention was paid to it.
Online retailer seeking growth in Kenya and Nigeria Published by Staff Writer on 10 August 2010 Kalahari.net, the South Africa-based online retailer, has over the past year expanded into two new African countries, namely Kenya and Nigeria. How we made it in Africa interviewed Gary Hadfield, the company’s CEO
Famous Brands acquires Keg and McGinty’s Published by Staff Writer on 10 August 2010 South African restaurant group Famous Brands has acquired the franchise agreements, trademarks and intellectual property of the Keg and McGinty’s brands.
