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Infrastructural sharing among telecom operators has been identified as a major way to grow African telecommunication market as all the stakeholders stand to benefit from such development.
Police and the Traffic Safety Council of Zimbabwe last Wednesday launched a traffic awareness campaign in Harare to educate motorists, cyclists and pedestrians to obey traffic regulations.
A new threat to the smooth running of this year's public examinations has emerged with teachers threatening to boycott invigilation of papers written after the school term ends, saying they want to be paid for this extra work in advance.
DELTA Corporation Limited, Zimbabwe's biggest manufacturer of alcohol and non-alcoholic beverages is on the verge of acquiring African Distillers Limited, a manufacturer of spirits and wines.
LISTED short-term insurer, NicozDiamond shareholders last week approved the group's proposed US$4 million rights offer meant to recapitalise operations.
SHAREHOLDERS of the Pan-continental hospitality group, African Sun Limited have unanimously agreed to raise US$25 million by way of a private placement and loan capital.
BRITISH American Tobacco will continue supporting underprivileged students to attain their goals by providing scholarships for tertiary education, the company said last week.
CFX Financial Services shareholders yesterday approved the company's rescue plan and will proceed with a rights offer to be underwritten by Interfin Holdings.
Zimbabwe Tourism Authority Chief Operating Officer Mr Givemore Chidzidzi said the Tourism Ministers Summit at WTM centred around the recovery of tourism from the economic crisis saying the global recession was a real issue although Africa has been fortunate to have achieved some growth.
Lack of linkages between industry and universities in Africa is partly to blame for the widespread unemployment on the continent, an official said last week.
NAMIBIA'S new Government Diamond Valuator (GDV) is a fully Namibian-owned company.
A FUEL pump problem has been identified as the cause of a plane crash in which two French and two American tourists were injured in Windhoek in May last year.
NAMCOR, the National Petroleum Corporation of Namibia, has entered the fuel distribution industry with the opening of its first fuel depot at Otjiwarongo.
Due to high prices paid by large companies for houses, be it to purchase or rent, locals in the medium-income bracket are finding it increasingly more difficult to afford a home in Swakopmund, according to Bank Windhoek's Coastal Estate Agent of the Year, Maureen Hoon of Welwitschia Real Estates.
DIVERSIFIED resources company Black Fire Minerals has snapped up the Karibib Lithium Pegmatite Project from Australian private company Sunrise Minerals in a deal worth about 455 000 Australian dollars.
THE Development Bank of Namibia approved 25 loans worth N$214,91 million over the six months from April 1 to October 31 this year.
TELKOM , Africa's largest fixed- line phone company, on Friday said it expected its headline earnings per share for the six months to September to fall as much as 140%.
LISTED property unit trust Sycom Property Fund on Friday posted a 9,2% increase in distributions for the six months ended September, buoyed by "good" performances from both the retail and office portfolio.
FRED Phaswana pledged to spend the next six months "coming to grips with the issues" at Standard Bank after his appointment as its next chairman was announced on Friday.
CANADIAN platinum producer Eastern Platinum (Eastplats) recorded a net profit in the quarter ended September, the third successive quarter this year that the company has been in the black.
SA's regulators must do more to force individuals and financial institutions to report suspicious transactions, including pyramid schemes, to the financial intelligence unit, says a forensic expert.
FIGURES for September manufacturing and mining production - up 2,6% and 1,8% - show we're emerging from the recession, but SA is taking a lot longer to do so than its trading partners in Asia and Europe.
THE market for cellphone users had reached saturation point in SA, an MTN official said last week, in the first public admission that the years of endless growth are over.
PROPERTY company Fairvest aims to create a property portfolio of "significant critical mass" through acquisition of quality, high-yielding properties as part of its short-term investment strategy.
FRIDAY's naming of the chairman-elect of Standard Bank , the largest bank in Africa, is interesting, not so much because of the person who will take over from Derek Cooper next year but because of the man who, given his history with the bank, won't be stepping up to the chair.
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