Indigenisation demands don’t apply to DHL, says Zimbabwe minister

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 […]

Is ‘Old Mutual’ the Next Big Thing?

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 […]

Habaka incubator working with Malagasy government to boost tech

Habaka incubator working with Malagasy government to boost tech Malagasy tech hub Habaka is engaging with the government of the country in order to assist in increasing the percentage of the country’s gross domestic product (GDP) contributed by technology. Habaka was founded in 2011 and registered as a non-profit in 2012, becoming the first innovation […]

South African Benefit From Oil Price Decline Seen as Temporary

(Bloomberg) — The benefit from the lower oil costs for South Africa’s economy will probably be temporary as the drop hasn’t passed through to wider prices and crude should increase further, Reserve Bank Governor Lesetja Kganyago said. “Average wage settlements are still in the realms of 8 percent,” Kganyago said in a speech to a […]