Canadian firm to start drilling for oil in Somalia Published by Staff Writer on 16 May 2011 Canada’s Africa Oil is planning to start exploring for oil in Somalia’s semi-autonomous Puntland region.
Zimbabwe: Foreign banks told to comply with empowerment laws Published by Staff Writer on 15 May 2011 Foreign-owned banks operating in Zimbabwe, including Barclays Bank, Standard Chartered Bank and Stanbic Zimbabwe, could face “punitive measures” if they fail to transfer majority shareholding to black Zimbabweans.
There is a perception gap about doing business in Africa, says Siemens boss Published by Claude Harding on 15 May 2011 The image of the continent portrayed by the media is very gloomy. “When I first got this job, business colleagues thought it was not a promotion, it was a punishment.”
The emergence of African cross-border banks, and the new risks they hold Published by Imara Africa Securities team on 15 May 2011 While the continent has had a long presence of international banks, the emergence of Africa-based regional lenders has significantly increased cross-border banking activity.
Disney sees potential in Africa, but still no theme park Published by Staff Writer on 12 May 2011 Entertainment company Disney aims to bring more television channels, live shows and digital products to Africa, although a Disney theme park is not yet on the horizon.
Africa’s middle class – how big is it really? Published by Jaco Maritz on 12 May 2011 Ethiopia, Nigeria and South Africa are expected to provide the largest numbers to the new middle class in the coming years.
How we made it in Africa up for top business media award Published by Staff Writer on 12 May 2011 How we made it in Africa has been selected as one of the three finalists in the Media of the Year category for the Diageo Africa Business Reporting Awards 2011.
Kenyan banks prepared to pay more for top talent Published by Staff Writer on 12 May 2011 Kenyan banks are paying more to attract, and keep, top talent.
Why outsourcing could be Africa’s next big opportunity Published by Imara Africa Securities team on 11 May 2011 Intense competition in India’s business process outsourcing (BPO) industry has forced technology firm Spanco Ltd to expand to Africa where it expects to earn nearly half of its profits within two years.
Lagos to get new international airport Published by Staff Writer on 11 May 2011 Construction work on a new international airport in Nigeria’s commercial capital Lagos is set to begin next year.
Will manufacturing shift from China to Africa? Published by Claude Harding on 10 May 2011 “I know of one company, and only one at this point, that has moved their manufacturing operations from China to Africa.”
Why centre pivot irrigation is best for large areas Published by Promotional Feature on 10 May 2011 More and more farmers and project managers are using irrigation to improve their yields. We talk to Senter 360’s Theuns Dreyer about the advantages of centre pivot irrigation over other systems.
Case study: Adding value with bottle filling equipment Published by Promotional Feature on 10 May 2011 Aspiring entrepreneurs as well as established food and beverages companies can benefit from using Marefa International’s state-of-the-art bottle filling equipment. One such company that derives enormous value from using Marefa’s products is Montagu Foods.
Nestlé partners with Kenyan farmers to boost milk production Published by Jaco Maritz on 10 May 2011 Nestlé, one of the world’s largest food manufacturers, has partnered with local farmers in Kenya to improve the quality of milk produced in the region.