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 […]
Tag: investment
Ethiopia: Investing in Energy – Promising Development
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 […]
Investment Firm Sanlam dialling up on Africa after 63% rise in emerging markets volumes
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 […]
South Africa’s demise is an affront to the memory of Nelson Mandela
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. […]
Inside 4Di Capital’s new R256m fund
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 […]
Q&A: Why Morocco’s renewable energy future looks bright
Morocco’s Noor solar plant is set to be the world’s largest. African Business Review speaks to Adama Moussa, Power Engineer and Olivier-Joseph Breteche, Principal Country Officer at the African Development Bank (AfDB) who explore how the first part of the project was delivered, and the impact that it will have. What role did the AfDB […]
Q&A: Why Morocco’s renewable energy future looks bright
Morocco’s Noor solar plant is set to be the world’s largest. African Business Review speaks to Adama Moussa, Power Engineer and Olivier-Joseph Breteche, Principal Country Officer at the African Development Bank (AfDB) who explore how the first part of the project was delivered, and the impact that it will have. What role did the AfDB […]
Why The East African Oil Bonanza Remains A Dream… For Now
When Tullow Oil (Tullow) announced the basin opening finds in Uganda and Kenya in 2009 and 2012, oil prices were soaring and both countries were jubilant over joining Africa’s oil boom. Undaunted by the collapse in oil prices, Uganda, Kenya and their exploration partners press forward with development of their massive oil fields estimated at […]
Key emerging markets attract record $126 billion in clean energy investment
WASHINGTON, Nov 24, CMC – A new study has shown that Latin America and the Caribbean boasts higher clean energy penetration than any other region assessed. “As of year-end 2014, 11 per cent of the 352 GW (gigawatts) installed there is from biomass, wind, small hydro, solar, and geothermal projects. When large hydro plants are […]
Zim, SA open for deeper economic co-operation
President Robert Mugabe’s visit to South Africa earlier this month (April 7-9) marked the second state visit to the republic in 21 years. His last state visit was in 1994. While a number of issues were on the agenda, it is clear that discussions on bilateral and regional economic co-operation took centre stage. Nesbert Ruwo/Jotham […]
