Invariably African countries will continue to list on major exchanges in a bid to raise capital. The JSE in South Africa is relatively well known, but information about the Nigerian exchange is less well knows. The Nigerian Stock Exchange was established in 1960 as the Lagos Stock Exchange. In December 1977 it became The Nigerian [...]
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Leading South African insurer Clientele Life has entered the Nigerian market through IFA Nigeria. IFA Nigeria will utilise the expertise of Clientele`s IFA distribution channel to market and distribute life insurance policies specifically tailored for the Nigerian market. Clientele`s IFA distribution channel has been used as a very effective and appropriate means to distribute ife [...]
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I’ve been listening to some of this chatter about the new government Food Control Agency and one question keeps bugging me - why do we want to ‘control’ something when first prize is making more of it?!
Read the complete article here.
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Africa’s biggest bank by assets, Standard Bank, has not decided yet whether to list its Zambian unit on the Lusaka Stock Exchange, although it is an option under consideration, the group said last Wednesday.
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Date: 27 October 2008 - 30 October 2008 (92 days to go!) Venue: Garden Court, Isando, OR Tambo International, Maximise your manufacturing processes with enhanced labour control and management through effective communication, industrial relations, motivation and responsibility definition to ensure an effective workforce. Did you know that production waste is one of the biggest causes [...]
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Tiger Brands, South Africa`s leading branded food and healthcare company, announced yesterday its intention to acquire 74.7% of the shares of consumer chocolate manufacturer Chococam in Cameroon from Barry Callebaut, the world`s leading manufacturer of high-quality cocoa and chocolate products. The remaining 25.3% of the shares are held by a number of small private shareholders.
Founded [...]
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VenFin yesterday announced the launch of InVenFin, an early stage Intellectual Property (IP) venture capital fund.
Jannie Durand InVenFin Chairman and VenFin CEO commented: “We have established InVenFin to provide specialist funding and support to inventors at an early stage, to develop their IP and eventually succeed in corporatising it, which sets the platform to realise [...]
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A LANDMARK agreement between the Industrial Development Corporation (IDC), information systems group Thales and European financial services group Société Générale will pump US $30 million into more affordable funding for small and medium enterprise (SME)..
IDC CEO Geoffrey Qhena says the IDC has the appetite for funding higher-risk ventures and thus fulfilling a need to which [...]
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I have become very cynical of many of South Africa’s trade exhibitions in recent years. My main reason for this was that there were too many empty stands, too many sponsored foreign exhibitors who had been sent as ’space fillers’ and too little real business being done. Having said that, I quite clearly remember saying [...]
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It was something I touched on a while back, but I sincerely believe that there would be some value in an “African Stock Exchange” or market to bolster the continent. The continent is resource rich but under developed and much of its problems stem from the lack of financial investment into the continent.
But lets be [...]
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