Impact of the World Cup on the South African economy Published by Cees Bruggemans on 11 May 2010 The winning of the World Cup Soccer bid way back in 2004 created a challenge to prepare the country for hosting such an august event in 2010.
New Nigerian 24-hour news network launched Published by Staff Writer on 10 May 2010 A new 24-hour Nigerian satellite news television network, known as NN24, was launched last week.
Absa plans IPO for Tanzania’s National Bank of Commerce Published by Staff Writer on 9 May 2010 South African banking group, Absa, plans to hold an initial public offering for Tanzania’s National Bank of Commerce, in which it has a 55.5% stake, and list it on the Dar es Salaam Stock Exchange.
Nigeria’s president passes away Published by Staff Writer on 6 May 2010 President Umaru Musa Yar’Adua is dead after a long illness. He passed away on Wednesday night in the presidential villa, Aso Rock, Abuja.
Central Bank of Kenya to launch sharia-compliant bonds and treasury bills Published by Dinfin Mulupi on 5 May 2010 The Central Bank of Kenya (CBK) has announced that it is working on plans to launch the flotation of sharia-compliant bonds and treasury bills in the Kenyan money market.
New BMW X1 expected to exceed sales targets in East Africa Published by Dinfin Mulupi on 5 May 2010 Kenya’s exclusive BMW distributor, Bavaria Auto, yesterday launched the new 2010 BMW X1 sports utility vehicle series in the capital Nairobi.
Gulf African Bank to expand to Tanzania and Uganda Published by Dinfin Mulupi on 5 May 2010 Gulf African Bank (GAB) has announced it is planning to enter Tanzania and Uganda by the end of the year. The plans follow the Islamic bank’s successful launch and growth in the Kenyan market.
Renaissance Capital acquires BJM Securities Published by Staff Writer on 3 May 2010 South Africa-based BJM Holdings today announced the sale of its wholly owned subsidiary BJM Securities to the Russian emerging markets investment bank, Renaissance Capital.
West African media firms hit by economic downturn Published by Staff Writer on 3 May 2010 West African media organisations are finding it increasingly difficult to survive due to the tough economic situation.
Vodacom’s DRC investment turns sour Published by Jaco Maritz on 3 May 2010 South Africa-based Vodacom’s experience in the Democratic Republic of Congo recently took a turn for the worse due to a fall-out between the company and its local partner.
US firm to invest in agriculture projects in Angola, Malawi Published by Staff Writer on 1 May 2010 US-based Gaiacor International has announced that it has signed a memorandum of understanding with MITC Investments to manage and operate large farming operations in Angola.
African farmers growing organic crops for European markets Published by Staff Writer on 30 April 2010 African farmers are making money producing organically grown crops for European markets, where demand for healthier food is growing.
Nigeria stock market up 20% in 2010 Published by Staff Writer on 29 April 2010 Nigeria’s stock market is up more than 20% this year on stronger-than-expected corporate earnings and renewed foreign investment.
Nigerian banks allowed to accept banking shares as collateral Published by Staff Writer on 28 April 2010 The Central Bank of Nigeria has stated that the country’s banks are allowed to accept banking shares as collateral for lending.
