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South Africa Ranks 2nd In Sage SME Confidence Survey
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| Of the 15 countries measured across the world, South Africa ranks as the second-highest country for business confidence among small- and medium-sized companies.
According to Ivan Epstein, CEO (and co-founder) of Softline and Sage AAMEA (AsiaRead More... |
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Intra-regional Trade Can Increase Foreign Direct Investment In Africa
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| Experts at the ongoing African Economic Conference in Kigali yesterday agreed that the bottom line in boosting Foreign Direct Investment (FDI) on the continent is to strengthen regional integration because it creates larger domestic markets and stimuRead More... |
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Kenya Targets Investment Schemes For Oil & Energy
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| Over 60 investment scheme representatives from Kenya and Uganda converge in Naivasha tomorrow to deliberate on regional investment.
According to the Managing Director, PineBridge Investments Jonathan Stichbury, the participants will explore Read More... |
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Galaxy Note II global sales hit 3m, days after Kenya launch
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| Samsung Electronics has confirmed that its global sales for the recently launched Samsung Galaxy Note II Smartphone have now hit the 3 million mark.
Corroborating the statistics in Nairobi, Samsung Electronics East Africa Business Leader Robert NgerRead More... |
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Tanzania scoops top position as best route for transit goods
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Tanzania is the best route for transit goods in the region, according to a new survey by the World Bank.
It takes more time to move goods within Kenya compared with Tanzania, a fact that favours the latter. Kenya dropped 23 places to position Read More... |
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Nokia dedicates decade to courting Africa
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Nokia is engaging governments across Africa with a view to deepening access to mobile phone services through development of relevant content and applications to solve day-to-day challenges.
The Finnish phone maker has signed a multi-million doRead More... |
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Qatar Airways spreads its wings across Africa
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| Qatar Airways has launched scheduled flights to Maputo in Mozambique, the airline’s 10th new route of the year.
Qatar Airways is the only airline from the Middle East to fly to Mozambique. Maputo is Qatar Airways’ 19th gateway acRead More... |
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South Africa ready to host planned BRICS bank
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| South Africa today indicted that it was ready to host a planned development bank for the BRICS grouping of five emerging economies, including India.
"I cannot say if South Africa will be chosen as the site of this institution, but I canRead More... |
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South Africa, Georgia want to do business with Uttarakhand
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| South Africa is one of the countries that have evinced interest in investing in sectors like infrastructure and tourism in Uttarakhand.
South African High Commissioner H M Majeke, who attended the Second Ambassadors' Meet which concluded herRead More... |
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Iraq, South Korea's KOGAS ink deal on pipelines
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| Iraq on Tuesday inked a multi-million dollar deal with South Korea's KOGAS that will set in motion the building of two key gas pipelines in the country's north - the latest step by Baghdad to develop dilapidated infrastructure to meet growing energy Read More... |
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Construction of fertilizer plant to commence 2013
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| The construction of the proposed fertilizer manufacturing plant in Kenya is expected to begin by March 2013.
Agriculture Permanent Secretary Romano Kiome says having the plant in Kenya will significantly reduce the cost of fertilizer and makRead More... |
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General Electric planning 1k megawatt power plant in Kenya
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| General Electric Co. is planning to build a 1K-megawatt power plant in Kenya and is in talks with Kenya Power Ltd. about a power-purchase agreement, said Jay Ireland, president and chief executive officer for Africa.
The construction date will be deRead More... |
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Kenya and China rail to aid coal imports to Uganda
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| All Africa reported that the new railway line Kenya and Chinese authorities are planning on will transport coal from Tanzania to Uganda for steel making.
The rail deal worth USD 2.6 billion is one of those infrastructure components tRead More... |
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Africa business poised for growth, say experts
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| Continued business reforms and sustainable private sector investments will drive Africa’s economic growth to over 4.8 percent in 2013.
The International Development Research Centre regional director in Sub-Saharan Africa Simon Carter said thisRead More... |
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Samsung to enhance smart phones penetration in Africa
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| Samsung Electronics has announced plans to double its smart phones marketing plans in Africa as part of a strategy to bridge the continents digital divide.
Samsung, currently riding high on the global scene as the number one Smart Phones vendor, is Read More... |
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