The state of Kenya’s tourism industry Published by Dinfin Mulupi on 15 June 2010 Kenya’s tourism industry has great potential but faces various challenges. Dinfin Mulupi spoke to Guy Lawrence, CEO of Westminster Safaris Africa
Chinese firm to establish asphalt plant in Nigeria Published by Staff Writer on 14 June 2010 A Chinese engineering and construction company, Tiangsu Jialong, has signed a memorandum of understanding with some Nigerian firms to establish a 200 tonnes quarry and asphalt plant in Nigeria
BHP Billiton reaches iron ore agreement with Liberia Published by Staff Writer on 14 June 2010 BHP Billiton announced that it has concluded a mineral development agreement with the government of Liberia in relation to four major iron ore leases
South Africa’s high-speed train opens for public Published by Staff Writer on 14 June 2010 South Africa’s first high-speed train service, the Gautrain, last week officially opened for the public, just in time for the World Cup kick-off.
Barclays committed to South African subsidiary Published by Staff Writer on 14 June 2010 Barclays Plc chief executive officer, John Varley, said the United Kingdom-based bank is committed to its South Africa subsidiary, Absa Group Ltd, which it bought for $4.48 billion in 2005.
Kenyan cosmetics manufacturer taking on large multinationals Published by Dinfin Mulupi on 14 June 2010 A young Kenyan company is manufacturing its own brand of cosmetics products and looking to steal customers from the large multinationals.
Merrill Lynch SA receives boost for African expansion Published by Staff Writer on 11 June 2010 Bank of America is planning to make a large capital injection into its subsidiary Merrill Lynch South Africa.
“Organic agriculture not an option for Africa at the moment” Published by Dinfin Mulupi on 10 June 2010 As much as environmentalists have been promoting organic agriculture, the use of fertilisers is still important for Africa to achieve food sustainability.
Potential for soya bean processing in Malawi Published by Staff Writer on 10 June 2010 The Malawi Investment Promotion Agency is inviting investors to invest in soya bean processing activities.
Kenya Airways launches flights to Southern Sudan Published by Dinfin Mulupi on 9 June 2010 Kenya’s national carrier, Kenya Airways, has launched daily flights to Juba, the capital of Southern Sudan.
Upward trend in South African house price growth continues Published by Staff Writer on 7 June 2010 Middle-segment home values in South Africa increased further in May 2010 according to Absa Group Ltd., the country’s biggest mortgage lender.
West not looking at Africa as a business destination Published by Staff Writer on 6 June 2010 An influential British think tank has warned the West that it will lose out to emerging nations unless it replaces its “humanitarian” approach to Africa with a more strategic focus on diplomatic and trade relations.
South African company’s Mali investment plans on track Published by Staff Writer on 4 June 2010 South Africa-based sugar producer, Illovo Sugar, is at an advanced stage with its pre-project activities for establishing a project in Mali.
One-stop border posts to enhance trade in East Africa Published by Dinfin Mulupi on 4 June 2010 East African Community (EAC) member states last week adopted a draft bill that will see the member countries establish one-stop border posts.