|
pan-African news
Africa's star performers may see faster growth - IFC
Growth in some of Africa's best-performing economies may accelerate further in the next few years, reaching 8-10 percent on a sustainable annual basis, a leading international economist said on Monday. Reuters
Trevor Manuel to serve World Bank
Finance Minister Trevor Manuel has been appointed to serve on the World Bank's new Commission on Growth and Development, his ministry said on Wednesday. iAfrica.com
Nigeria: At Clinton Global Initiative, President Obasanjo Speaks Against Poverty, Disease
President Olusegun Obasanjo has made a case for globalisation with a human face. Nigeria First / http://allafrica.com
regional and country news
'SA a role model to Africa'
South Africa is a role model for Africa and against the background of widespread instability in Africa, South Africa has plotted its own course to relative stability, democracy and prosperity. iAfrica.com
SA business 'most upbeat ever'
Business confidence for the first quarter of 2006 is the highest ever recorded, according to the South African Chamber of Business’ (Sacob) Business Confidence Index (BCI). iAfrica.com
South Africa: Inward investment booms
During 2005, inward investment into South Africa was greater than the previous five years combined. Moneyweb
Bid to halt Niger Delta violence
Nigerian President Olusegun Obasanjo sets up a committee to tackle violence in the oil producing Niger Delta. BBC
East Africa: Presidents Endorse Common Market Plan
The heads of state of the East African Community (EAC) have approved a timetable for the formation of a common market to facilitate the political federation of the region. New Vision / http://allafrica.com
West Africa: Youth Unemployment a 'Ticking Bomb' for Security - UN Study
Increasing levels of youth unemployment in impoverished West Africa, where almost three quarters of the population is under 30, poses a serious threat to the security and stability of the whole region, the United Nations Special Representative for the area warned today, highlighting the findings of a UN study looking at ways to diffuse this "ticking bomb." UN News Service / http://allafrica.com
France invests R2bn in SA
France will commit around R2-billion (€350-million) to South Africa for development in infrastructure, productivity and environment and energy, French Minister for Co-operation and Development Brigitte Girardin said on Tuesday. iAfrica.com
Uganda: Country Drops in Global ICT Ranking
Uganda has dropped by two places in the latest Global Information Technology rankings released by the Geneva based World Economic Forum. The Monitor / http://allafrica.com
Uganda: Duopoly No Longer Sustainable in the Vibrant Telecoms Industry
Even with the widespread poverty and an economy enfeebled by corruption and general mismanagement, there's one sector that has appeared to defy the odds, booming amidst a general malaise and injecting immeasurable momentum into the nation's dogged development efforts--the telecommunications sector. The Monitor / http://allafrica.com
company news
Uganda: Nile Breweries is Best 2005 Employer
Nile Breweries Limited has for the second time been declared the overall Gold winner of the 5th Employer of the Year Awards 2005. The Monitor / http://allafrica.com
Kenya: KQ Wins Africa Award
Kenya Airways has for the fifth time scooped the African Airline Of The Year Award for 2005. A statement from the airline's Kampala office says the accolade was handed to Wilson Okanga, the airline's Government and Industry Affairs manager at a ceremony held in Casablana in Morocco on March 14. The Monitor / http://allafrica.com
South Africa: SA Firms Rank Among Big League
South African financial services companies have shot up the league table of global companies, with Standard Bank, Old Mutual and FirstRand featuring high on the Forbes Global 2000, which ranks companies according to their market value, turnover, profit and assets. Business Day / http://allafrica.com
De Beers to sell 26% of SA unit
Diamond giant De Beers finalises a deal to sell 26% of its South African unit to a new black-owned company. BBC
South Africa: Market Slaps Down Bold Telkom Growth Strategy
Telkom has unveiled a R30bn investment and acquisition strategy which will deliver a sophisticated broadband network within five years and establish the telecommunications group in three countries outside SA. Business Day / http://allafrica.com
Zambia: We Won't Pull Out, BAT Assures Shareholders
The British American Tobacco (BAT) Plc board has assured the company's shareholders that the company will not pull out of Zambia. The Post / http://allafrica.com
Tiger Brands goes drinks shopping
Food and pharmaceuticals group Tiger Brands has entered into an agreement to acquire Bromor Foods from Cadbury Schweppes for R1.16-billion, it said on Tuesday. iAfrica.com
KPMG to check up on BEE reform
KPMG is to conduct annual black economic empowerment surveys to determine the level of BEE transformation within business in South Africa, a KPMG associate director said on Friday. iAfrica.com
|