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President Paul Kagame yesterday met and held talks with a group of investors who are in the country on a two-day visit aimed at identifying different investment opportunities.
International banking group, Standard Chartered Bank says that its conservative approach to business is the reason why the bank has been successful over a long period of time and they are confident the strategy will continue to pay dividends in future.
The strong rally witnessed on the Zimbabwe Stock Exchange in the previous week immediately came under a check during the week ended yesterday, as investors descended on the high yielding investment market to pocket gains reaped in the preceding week that saw the market awarding the highest weekly return to investors since the beginning of the year.
Barclays Bank of Kenya has returned a 4.2 per cent growth in pre-tax profit for the nine months ending September 30, 2009, reflecting the impact of the economic slowdown on various sectors of the economy.
BRITISH companies will only invest in Zimbabwe when all outstanding issues of the global political agreement are fulfilled, Britain's ambassador to Zimbabwe, Mark Canning, has said. In an interview with the Zimbabwe Independent in Gwanda this week, Canning said although companies were pleased with the gradual stabilisation of the economy since the formation of the inclusive government in February, ...
The government of The Gambia through the Ministry of Trade, Industry and Employment and the United States embassy in Banjul as well as Trust Bank Limited and Eco Bank Limited, yesterday signed a Memorandum of Understanding (MoU) to promote bilateral trade and investment between the two countries.
Investors who have waited so long to have reward on their investments in Champion Breweries Plc would soon heave a sigh of relief as the company has continued to increase its market share in the brewing sector.
Georgia State chapter of the All Nigeria American Congress (ANAC) is set to draw top Nigerian businessmen and women, lawmakers, and other government functionaries to the state of Georgia, in the United States to its planned 2009 Annual United States-Nigeria Economic Conference scheduled for the Hyatt Regency Hotel, Atlanta Georgia.
The Minister of Finance and Economic Planning, James Musoni, is back from a three-day visit in Washington DC where he held discussions aimed at increasing American investments in Rwanda with various officials.
FINSERVE, the staff investment vehicle at ZB Financial Holdings beneficiaries will meet tomorrow in a crucial meeting to discuss the distribution of share certificates, in ZB Financial Holdings.
Zimbabwe's economy is set for turnaround following the huge investment package - worth US$8 billion -- unveiled by a Chinese-Angolan joint venture company, China Sonangol.
THE Union Bank of Switzerland is eyeing a three percent stake in Zimbabwe-oriented London-listed conglomerate LonZim Plc, reflecting growing investor confidence from the West in the local economy.
ZIMBABWE Mining Development Corporation's partners in the exploitation of diamonds in Chiadzwa have invested about US$50 million in plant and machinery over the past two months.
The uninspiring granite exterior of the London Stock Exchange provided the quiet backdrop for a meeting that would almost have gone unnoticed, if it did not have such a strong bearing on Africa's growth prospects.
OUTSPOKEN Roan Member of Parliament (MP) Chishimba Kambwili, who was a vocal opponent of Chinese investors, has been awarded a contract to supply goods and install some equipment at the re-opened Chinese-owned Luanshya Copper Mines.
AFRICAN farmers are seeding prosperity. Marie Nerica who is sowing a new breed of Nerica rice in Sierra Leone is one example. She now produces enough rice to sell the surplus in local markets and to the government.
Champion Breweries Plc has disclosed that it has increased its presence in key states in the South-South, especially in Akwa Ibom and five other neighbouring states.
The European Union (EU) is to undertake 1,200 micro projects worth over N9 billion in nine Niger Delta States across the country under its Micro Project Programme (MPP9).
ZIMBABWE is ready to receive investment across all sectors of the economy, and will remain an attractive investment destination in Africa, Zimbabwe's Ambassador to South Africa Simon Khaya Moyo, told South African investors.
Zimbabwe is a safe investment destination and Italian businesspeople wishing to establish businesses in the country are welcome, President Mugabe has said.
Progressive Peoples Alliance (PPA), has written President Umaru Musa Yar'Adua to propose an economic stimulus for the Niger Delta similar to the African Growth and Opportunity Act (AGOA).
Though Senegal has developed an extensive and modern telecommunications infrastructure, overall penetration is still low resulting in attractive opportunities for new entrants to establish call centres, computer factories and to develop software.
VICE President Goodluck Jonathan has urged foreign investors willing to partner with the Federal Government on improving the power sector to pay attention to capacity building for local operators as they introduce modern technology to the sector.
The Capital Markets Advisory Council (CMAC), an institution that regulates capital markets activities in Rwanda wants investors on the Rwanda stock exchange to be given more protection through the establishment of the Investors' Compensation Fund.
Following the success of amnesty programme in the Niger Delta region, a firm, Dag Group Germany/United Kingdom, said it has concluded arrangement to partner with the Federal Government with a view to investing $30 billion on human and infrastructural development in the region.
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