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East Africa exploring possibility of single stock market

Published by Staff Writer on 23 February 2011

The East African Community has started a process to harmonise capital market regulations to ease the movement of money across national borders, making it easier for investors looking for expansion cash.

Global investors get upbeat briefing on Zim prospects

Published by Claude Harding on 22 February 2011

International investors have been given a positive appraisal of Zimbabwe’s economic prospects for the coming year, despite political challenges and concerns about politicking ahead of any election.

Doing business in Africa a question of human relations

Published by Claude Harding on 21 February 2011

A study of the perception of business relations with Africa, conducted among French entrepreneurs, reveals that doing business in Africa is a question of human relations above all else.

Susan Shabangu

Not much clarity about SA’s stance on nationalisation

Published by Denis Worrall on 21 February 2011

If you were a foreigner willing to make an investment in a mining project what would you do? – especially if you were offered something in Ghana and South Africa.

Protests flare up in Djibouti

Published by Staff Writer on 20 February 2011

Pro-democracy protests have erupted in the small north-east African coastal state of Djibouti, echoing waves of protest seen throughout the Middle East.

Uganda’s Museveni wins presidential election

Published by Staff Writer on 20 February 2011

Reuters reports that Ugandan President Yoweri Museveni won a fourth term in office with 68% of the vote. The opposition rejected the outcome.

United Bank for Africa suspends Ivory Coast operations

Published by Staff Writer on 20 February 2011

Nigeria’s United Bank for Africa (UBA) has suspended operations of its Ivory Coast subsidiary due to the political crisis in the country.

M-PESA

M-PESA recognised as one of the world’s best mobile money services

Published by Claude Harding on 20 February 2011

M-PESA has won the Mobile Money for the Unbanked Award at this year’s Global Mobile Awards, which was held last week in Barcelona.

Will Nigeria’s football clubs list on the stock exchange?

Published by Claude Harding on 18 February 2011

An analyst told Business Day that Nigeria Premier League football clubs would have to completely change their structure and management before they can list on the country’s stock exchange.

Positioning Cape Town as the gateway into Africa

Published by Jaco Maritz on 18 February 2011

Cape Town has over the years lost some prominence as a business destination while Johannesburg strengthened its position as South Africa’s commercial capital.

How we made it in Africa publishes third issue of agri4africa newsletter

Published by Staff Writer on 18 February 2011

How we made it in Africa, in association with South Africa’s Agribusiness Development Corporation (ADC), this week published the third issue of the agri4africa email newsletter.

Zimbabwe to nationalise diamond mines

Published by Staff Writer on 17 February 2011

Reuters reports that Zimbabwe will proceed with plans to take controlling stakes in foreign-owned diamond mines in the east of the country but will spare a Chinese-owned mine from nationalisation.

Nigeria: Telecoms sector overtakes banking, manufacturing

Published by Staff Writer on 17 February 2011

The telecommunications sector’s contribution to Nigeria’s gross domestic product in 2011, is expected to exceed the combined contributions of the banking, manufacturing, insurance and solid minerals sectors.

Africa’s mining sector viewed as attractive investment proposition, despite problems

Published by Imara Africa Securities team on 17 February 2011

Africa’s mining potential is unfolding as a number of economies are becoming more important in terms of global mineral production.

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