Aug
16
Zim economy may be bigger than thought
August 16, 2010 | Leave a Comment
Just how big is the Zimbabwe economy and how upbeat should one be about growth prospects?The questions are taking on growing importance for investors who have already bought into the Zimbabwean market and those thinking about it.
The IMF and the mid-term review of Zimbabwe Finance Minister Tendai Biti incline to caution. Yet local companies are [...]
Jul
7
Webber Wentzel and leading West-African firm enter into strategic alliance
July 7, 2010 | Leave a Comment
Webber Wentzel has signed a Memorandum of Understanding with leading West African law firm Bile-Aka, Brizoua-Bi & Associés, based in Côte d’Ivoire.
The deal is designed to offer a more complete solution to their respective clients’ needs in the OHADA region and further develop their regional law practices.
OHADA – the Organisation for the Harmonisation of Business [...]
Jun
3
Broad international investor participation in the Imara Group’s second annual Zimbabwe investment conference confirms the growing pull of Africa’s ‘frontier markets’, say the upbeat organisers.
Leading international fund managers have confirmed their attendance at the event in Harare on June 7 and 8, says Sean Gammon, MD of Harare-based Imara Capital Zimbabwe.
Jun
2
Cresta Marakanelo, Botswana’s largest hotel operator, is on track for a June 17 listing on the Botswana Stock Exchange (BSE) judging by enthusiastic public response to the sale of 62,9 million shares in the company by Botswana Development Corporation (BDC).
The private placement of 18,5 million shares, which was taken up by three local institutions, was [...]
Mar
31
SA firm unveils Moladi building technology in Nigeria
March 31, 2010 | Leave a Comment
Efforts to facilitate the construction of mass housing by the Nigerian government has received a boost, with the unveiling of the Moladi building technology from South Africa, in Lagos, last week.
Efforts to facilitate the construction of mass housing by the Nigerian government has received a boost, with the unveiling of the Moladi building technology from [...]
Mar
5
Visa, in partnership with I&M bank of Kenya, recently celebrated the bank’s ecommerce license launch, a first for the growing East African market.
The internet and its commerce based opportunities is still a relatively new concept in Kenya but is fully supported by government. Internet access has improved dramatically over the past few years; usage has [...]
Jan
7
Afribiz Introduces Info Series on African Markets in 2010
January 7, 2010 | 1 Comment
Afribiz presents a series, “A Picture of the African Capital Markets,” based on an interview with Michael Preiss, CEO of African Asset Management. Michael Preiss is a frequent guest and commentator for news organizations like Bloomberg, CNN, and CNBC. He is an expert on African and Asian capital markets.
2009 SETS THE STAGE FOR 2010 GROWTH [...]
Dec
23
Nestle exits Zimbabwe
December 23, 2009 | Leave a Comment
Via the ManufacturingHub.co.za blog:
International food group Nestle has confirmed that it is closing its operations in Zimbabwe after it refused to bow to pressure to buy its milk from a company owned by the wife of controversial president Robert Mugabe.
After being exposed in the media, Nestle withdrew its commercial relationship with Mugabe.
The company has apparently faced [...]
Dec
19
Sustainable business district workshop
December 19, 2009 | Leave a Comment
An invitation has been launched to public and private sector organizations worldwide to participate in the kick-off meeting of a project to develop an ISO International Workshop Agreement (IWA)* on sustainable business districts.
The meeting is being held on 28-29 January 2010 in Paris-La Défense, France, hosted by the ISO member for [...]