Mobile banking moving beyond just providing transactional services Published by Imara Africa Securities team on 15 October 2010 The wires reported yesterday that Safaricom, Kenya’s biggest mobile network operator, is looking to expand the marketing of mobile phone-based banking services.
Telkom launches 8ta mobile network in South Africa Published by Staff Writer on 14 October 2010 South African telecommunications company, Telkom, launched its new mobile brand 8ta on Thursday evening.
Tanzania: Mining company infiltrated by crime syndicate Published by Claude Harding on 14 October 2010 African Barrick Gold today said that it has uncovered organised and systematic onsite fuel theft at its Buzwagi mine in Tanzania.
SABMiller targets Ethiopia’s consumer market potential Published by Imara Africa Securities team on 12 October 2010 Ethiopia’s beverages industry holds exciting prospects for the world’s second largest brewer, SABMiller.
Cameroon to market cocoa according to geographical origin Published by Ricci Shryock on 11 October 2010 Cameroon is working to better market its cocoa exports with plans to increase production nearly 40% over the next five years.
Rwanda: Demand for cement spurs need for increased production capacity Published by Staff Writer on 10 October 2010 A 700,000 tonne per annum cement plant is to be constructed in Rwanda to satisfy local demand for the building material which continues to be high.
Telkom to launch new mobile network this week Published by Staff Writer on 10 October 2010 South African fixed-line operator, Telkom, will launch its long-awaited mobile network on Thursday, according to a report by the Sunday Times.
Large scale wind farm to be built in Cape Verde Published by Claude Harding on 10 October 2010 A large scale onshore wind farm of more than 28 megawatts is to be established on four islands in the Cape Verde archipelago.
South African property moves into an ecofriendly future Published by Nermin Musovic on 9 October 2010 The Nedbank Phase II project, undertaken by the sustainability team of WSP GREEN by DESIGN, comprises a new building in Sandton, which is governed by environmentally sustainable principles.
Kenyan banking sector still has plenty of room for growth Published by Imara Africa Securities team on 8 October 2010 Reuters last week reported that Kenyan banks are set for consolidation to meet a deadline to boost minimum core capital and cut costs in a lower interest rate environment.
Interview: Actis acquires African fabric manufacturer Published by Staff Writer on 8 October 2010 Private equity firm, Actis, recently bought 100% of Vlisco Group, the market leader in designer wax fashion fabrics aimed at the west and central African market.
Interview: Growing an agriculture business in Africa Published by Staff Writer on 8 October 2010 Nick Goble, Pannar Seed’s regional manager for Africa, talked to How we made it in Africa about the company’s operations and how to successfully invest in the continent’s agriculture sector.
Hotel group allows guests to settle bills through M-PESA Published by Claude Harding on 6 October 2010 Sarova Hotels, Resorts & Game Lodges, in partnership with Kenyan telecoms operator Safaricom, will now offer guests the option of settling their bills through the M-PESA money transfer service.
Indian wind power company sets up shop in South Africa Published by Staff Writer on 6 October 2010 Indian wind turbine supplier, Suzlon Energy Limited, has announced that it will establish an office in South Africa.