Top 10 African countries on Facebook Published by Jaco Maritz on 19 January 2011 Data published by Socialbakers.com reveals that Africa currently has just over 22 million Facebook users.
Why South Africa could be an attractive base for foreign private equity funds Published by J-P Fourie on 19 January 2011 Recent changes in legislation are paving the way for South Africa to serve as the hub for private equity funds looking to invest in the African continent.
Tanzania introduces new import regulations Published by Staff Writer on 19 January 2011 Kenyan processed goods with a value of Ksh.30 billion (US$370 million) could be blocked from Tanzania, which is demanding the Diamond Mark of Quality in favour of the standardisation symbol that most exporters use.
EgyptAir launches Cairo-Lusaka route Published by Staff Writer on 19 January 2011 EgyptAir on Monday launched direct flights from Cairo to Lusaka.
Australian Mines closer to sealing Nigeria gold deal Published by Staff Writer on 19 January 2011 Australian Mines has announced the completion of due diligence by Nigeria Gold Pty Ltd on the firm.
Angola economy to grow by 7.5% in 2011, says minister Published by Staff Writer on 18 January 2011 Angola’s Minister of State Carlos Feijo said the country will achieve 7.5% GDP growth in 2011.
Africa becoming more economically free Published by Imara Africa Securities team on 18 January 2011 The Sub-Saharan Africa region, led by Rwanda, Djibouti, and Cape Verde, achieved the largest score improvement in the Index of Economic Freedom for 2011.
Unpacking the Tunisia crisis Published by Zin Bekkali on 18 January 2011 Images of people rioting in the streets don’t reflect well upon a country’s image abroad. This is especially the case for countries that are popular tourist destinations.
Despite investor interest, 70% of Nigerians still live below poverty line Published by Staff Writer on 18 January 2011 Despite significant investor interest in Nigeria, around 70% of the country’s 150 million people still live below the poverty line.
Massmart shareholders vote in favour of Wal-Mart deal Published by Claude Harding on 17 January 2011 Massmart shareholders today voted in favour of the sale of a controlling stake in the company to US retailer Wal-Mart Stores.
Southern Sudan referendum credible, says observers Published by Staff Writer on 17 January 2011 European observers said southern Sudan’s independence referendum was credible and well-organised, Reuters reported.
Africa’s investment comeback to gather pace in 2011 Published by Jaco Maritz on 17 January 2011 “Trading volumes at African stock exchanges and international buying enjoyed a significant uptick in the final quarter of 2010.”
Will East Africa adopt a single currency? Published by Claude Harding on 17 January 2011 East African Community states will today start discussions on the establishment of a monetary union and the adoption of a single currency throughout the region.
Nigeria: bailed out banks fail to hold AGMs Published by Staff Writer on 17 January 2011 Eight of Nigeria’s nine banks that received bailout money have failed to hold their annual general meeting (AGM) – one of the financial system statutory requirements for financial institutions – eighteen months after N620 billion was injected.
