When a woman rises to the top rung of the traditionally all-male corporate ladder in Africa, it’s front-page news because women’s progress in business leadership on the continent continues to be achingly slow. According to a groundbreaking 2015 study by the African Development Bank (AfDB) titled Where Are the Women? Inclusive Boardrooms in Africa’s Top-Listed […]
DHL, a unit of German Post, has been operating in Zimbabwe since independence in 1980. Logistics firm DHL International says it will expand its operations in Zimbabwe after receiving government assurance that key provisions of the controversial indigenisation policy had been scrapped. The Minister of ICT, Postal and Courier Services Supa Mandiwanzira told journalists after a […]
In order to meet the rising demand of electricity, Ethiopia has continued cultivating its immense potential of renewable energy sources such as hydro power, wind, solar energy and geothermal energy. The nation is the source of several river basins that are helpful to develop electric power- clean power generation. For instance, the Nile, the longest […]
South Africa will still account for more than half of Sanlam’s profits within four to five years, but its contribution will decline from about 65% now as the group builds its businesses in emerging markets, particularly Africa. “We are dialling up on Africa,” Sanlam CEO Ian Kirk said in an interview last week, following the […]
Benin is seeking support from the International Monetary Fund (IMF), to help cushion it from a widening fiscal deficit and slowing economic growth caused by the sharp deceleration in its giant West African neighbour Nigeria linked to falling oil prices. “The government found a difficult macroeconomic and treasury situation upon assuming office in April 2016. […]
South African President Jacob Zuma Not since OJ Simpson was charged with murder has a trial captivated global media quite like that of Oscar Pistorius. The former paralympian’s murder of Reeva Steenkamp, his girlfriend, has prompted remarkable scenes inside and outside the North Gauteng High Court in Pretoria where his sentencing will soon be complete. […]
L-R: President, Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Kayode Okunoren; Commissioner for Insurance, Alhaji Mohammed Kari; Chief Executive Officer, Old Mutual General Insurance Company, Mrs. Rachel Emenike; and Chief Executive Officer, Old Mutual Life Nigeria Assurance Company, Mr. Keith Alford during the 2016 CEO’s Retreat of NCRIB in Ilesa, Osun State…recently Aviation School […]
MMI Holdings has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology start-ups, both in South Africa and worldwide. By Duncan McLeod. Justin Stanford MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the […]
Finance Minister Pravin Gordhan has warned that if Britain pulls out of the EU this week, it will “complicate life” for South Africa. Minister of Finance Pravin Gordhan. Picture: AFP/ Pool/ Mujahid Safodien. Brexit, which will be decided on Thursday, could have a significant impact on the global economy. Speaking in Durban yesterday, at a […]
JOHANNESBURG, June 19 (Reuters) – Eskom hailed a milestone in its efforts to overcome South Africa’s chronic electricity shortages on Sunday, saying it had linked up the last of four units at its new Ingula hydro-electric power plant to the grid. "We look forward to Ingula rapidly nearing commercial completion and meeting the 2017 deadline, […]
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