U.S. banks to strengthen presence in Africa Published by Staff Writer on 7 March 2011 Two of America’s largest banks, JP Morgan Chase and Citi, told the Reuters Africa Investment Summit that they intend to boost their footprint on the African continent.
10 common mistakes African start-up businesses make Published by Pearl Seigel on 7 March 2011 An increasing number of African entrepreneurs are entering the challenging new world of running one’s own business. Pearl Seigel addresses some of the common pitfalls.
‘Nigeria cannot afford to fail this time’ Published by Staff Writer on 7 March 2011 Former Ghanaian president John Kuffour has warned that the entire continent will suffer if Nigeria fails to hold free and fair elections this year.
Kenya: New livestock insurance product makes use of satellite images Published by Regina Ekiru on 7 March 2011 Kenya’s UAP Insurance has launched a product for pastoralists as drought prevails in various parts of the country.
Should Cape Town companies pay higher salaries? Published by Jaco Maritz on 7 March 2011 There is a general perception among many South Africans that they can earn higher salaries in Johannesburg than in Cape Town.
Annual rankings: Africa’s best, and worst, countries for mining Published by Claude Harding on 4 March 2011 Africa as a whole doesn’t seem to be making much progress in creating a more attractive mining investment environment.
New minimum wage bill in Nigeria to drive consumption levels Published by Imara Africa Securities team on 3 March 2011 The Nigerian Senate recently announced the passage of the new National Minimum Wage Bill, increasing the monthly minimum wage by 140%.
Entrepreneur watch: Bringing the ‘Zen’ back to Kenya’s restaurant industry Published by Regina Ekiru on 3 March 2011 Shivani Radia Patel quit her high-flying job to move back to Kenya and do something of her own. Today she is one of the founders of a leading restaurant in Nairobi.
Ugandans have mixed feelings about how oil will affect their lives Published by Jaco Maritz on 3 March 2011 Ahead of the proposed start of oil production next year, Ugandans have mixed feelings about how crude will impact their lives.
East African markets firm despite Sudan uncertainties Published by Claude Harding on 3 March 2011 Markets in East Africa appear to have shrugged off international concerns about north-south tension in Sudan following a ‘Yes’ vote for secession by those in the south of the country.
Analysts painting an overly rosy picture of Africa, says SABMiller boss Published by Claude Harding on 2 March 2011 SABMiller’s managing director for Africa, Mark Bowman, says that many analysts are painting an overly rosy picture of doing business in Africa.
Nigerian cocoa farmers cashing in on Ivorian crisis Published by Staff Writer on 2 March 2011 Earnings by cocoa farmers in Nigeria, the world’s fourth-largest producer, rose to a record yesterday, according to the country’s Cocoa Association.
Medical tourism in Mauritius expected to grow by 36% in 2011 Published by Staff Writer on 2 March 2011 The number of foreign patients seeking medical care in Mauritius is expected to increase by 36% this year. Patients are mostly from Madagascar, Seychelles, Reunion, France and South Africa.
South Africa’s West Coast could become a hub for oil and gas industry Published by Claude Harding on 1 March 2011 South Africa’s West Coast could become a major oil and gas hub for the entire sub-Saharan Africa region.
