Making financial services work in rural Tanzania Published by Mark Napier on 3 September 2010 Mbinga Community Bank is a small microfinance bank in a remote part of Tanzania, but Mbinga District’s geography is only one of the bank’s operating challenges.
South Africa’s ten best business blogs? Published by Staff Writer on 3 September 2010 The following blogs have been nominated in the category UCT GSB Best Business Blog in the 2010 South African Blog Awards:
Tullow Oil acquires licences in Kenya and Ethiopia Published by Staff Writer on 2 September 2010 Tullow Oil plc has announced the acquisition of a 50% operated interest in six adjacent licences covering the East African Rift Basins of Kenya and Ethiopia.
Clean up heralds new era for Nigerian exchange Published by Dianna Games on 1 September 2010 The recent firing of the Nigerian Stock Exchange (NSE) CEO highlights a gradual move to a new standard of corporate governance in Nigeria.
‘Africa needs to negotiate best deals for itself’ Published by Staff Writer on 1 September 2010 Africa has plenty to gain from the growing involvement of China and other BRIC nations in trade and investment on the continent, says Sim Tshabalala, chief executive of Standard Bank South Africa.
Mali to introduce new mining code Published by Staff Writer on 1 September 2010 Mali’s mines minister, Abou Bakar Traore, has revealed that the country will introduce a new mining code in October to encourage more investment in the minerals industry.
M-PESA launched in South Africa Published by Staff Writer on 1 September 2010 South African mobile operator, Vodacom, and the country’s fourth largest bank, Nedbank, have announced the launch of the M-PESA money transfer service, utilising technology developed by the Vodafone Group.
Portuguese firm flourishing in Mozambique Published by Staff Writer on 31 August 2010 “Mozambique is a true case of success and has developed rather positively over the past two years,” says Jorge Coelho, chairman of the executive committee of the Mota-Engil Group.
Increased African regulation has important consequences for M&A Published by Claude Harding on 30 August 2010 As Africa opens itself up to international businesses, many of its countries are introducing increased regulation to provide improved corporate governance and providing a more stable business environment.
Olam to set up new cocoa processing facility in Cote d’Ivoire Published by Claude Harding on 29 August 2010 Olam International has announced that it will invest US$43.5 million in Cote d’Ivoire to set up a cocoa processing facility in Abidjan.
Burundi making progress; challenges remain Published by Zack Baddorf on 29 August 2010 Burundi’s President Pierre Nkurunziza has been sworn into office for another term. He was re-elected in the country’s first presidential direct-vote election in late June, while the opposition boycotted the poll, claiming massive fraud and intimidation by the government in previous legislative and local-government elections.
Spar opens shop in Nigeria; Shoprite not fazed Published by Claude Harding on 25 August 2010 International retail network, Spar, has opened its first outlet in Nigeria according to a report in Business Day. Spar has partnered with Nigerian retail chain Park ‘n’ Shop, owned by the Artee Group.
Rwanda strives to move beyond the ghosts of the past Published by Imara Africa Securities team on 25 August 2010 Unfortunately best known for the brutal genocide that occurred between April and June 1994, Rwanda has slowly but surely dragged itself out of that dark past.
Bright spots in South African economy despite growth slowdown Published by Arthur Kamp on 25 August 2010 South Africa experienced a material slowdown in growth to 3.2% in the second quarter from 4.6% in the first quarter. Gross domestic product (GDP) excluding agriculture advanced just 2.7%.
