Click here to read or make comments on this topic »
AllAfrica aggregates and indexes content from over 125 African news organizations, plus more than 200 other sources, who are responsible for their own reporting and views. Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica.
First National Bank of Namibia (FNB) said it will no longer process new applications for its low-cost funding of solar system.
Restaurateur Magdelena Siaovahimba of Okonguati, a settlement 150 kilometres from Opuwo and the last outpost before reaching the majestic Epupa Falls, 80 km away along the border with Angola, is a proud woman.
It may not be the backbone of the local economy but the local chocolate-making factory makes an important contribution towards ensuring that some residents have a regular income.
South Africa's Media24 has increased its presence in Kenya's publishing industry with the takeover of East Africa Magazines, the publisher of True Love, Drum and Move! magazines.
South African Airways (SAA), has introduced a promotional fare of $311 (N46, 650) for its economy class passengers on the Lagos-Johannesburg-Lagos route to mark 11 years of flight operations in Nigeria.
South Africa will participate in the second Korea-Africa Forum which will explore ways to strengthen ties on development and cooperation between Korea and the African continent.
AS WE said in an editorial the other day, Public Enterprises Minister Barbara Hogan is on a hiding to nothing. It is hard to think of a single decision she might make or not make that would satisfy everyone, or even her own Cabinet. The way she gets out of that bind is just to make decisions, as best as she can.
THIS week's gross domestic product (GDP) data should show that the recession is over, with GDP registering very marginally in the black.
MVELAPHANDA Group said on Friday it had abandoned an idea to form a management company to oversee the unbundling of its assets, which would have seen three of its top executives benefit from the proceeds.
Mvela Group announced in September that it was unbundling it's shareholding in Life Healthcare.
A SOLAR energy facility planned for Paarl in the Western Cape could begin producing power in two-and-a-half years, Henri Loubser, project director for new energy at Sasol, said on Friday.
A THIRD of businesses globally are likely to acquire other companies in the next 12 months, according to a new study of almost 500 executives by Ernst & Young's transaction advisory services released recently.
DESPITE a remarkable run so far this year, analysts remain bullish on shares in transport groups such as Imperial Holdings and Grindrod. But one analyst warns of volatility.
DIVERSIFIED junior mining and exploration company Miranda Holdings said on Friday it was aiming to develop one coal mine in its KwaZulu-Natal coal asset portfolio every year for the next five years.
TECHNOLOGY services provider ConvergeNet has suffered a drop in profitability in the past year with delays in the awarding of government contracts compounding damage caused by the recession.
RUSSIAN software developer Kaspersky Lab is opening an office in Johannesburg to sell and support its antivirus and internet security software, in expectation of a growing demand from Africa as undersea cables finally deliver faster and cheaper bandwidth.
HIGHVELD Steel and Vanadium, SA's second-largest steel maker, has reported a R41m loss for the September quarter compared with a profit of R642m in the same period last year.
MEDIA company Avusa has come to the defence of its new daily newspaper, The Times, denying rumours that it planned to close the title after results on Friday showed group profits had dropped 61% as a result of reduced consumer spending and a 20% drop in advertising revenue.
VEHICLE component producer Dorbyl says the potential buyers of the assets it intends selling are struggling to obtain finance as the group continues to restructure and right-size the business.
OUT of everything bad comes something good. The bad, very bad, was the US- ignited subprime grenade, which rocked the entire global economy. But while Uncle Sam may wear egg all over his face, his currency still rules the trading world.
CHALLENGING economic conditions have continued to exert pressure on Zimbabwe Stock Exchange-listed Starafrica Corporation's margins and volumes, leading to a net loss of US$1,1 million, in the six months ended 30 September 2009.
Integration and co-operation between transit neighbours have been highlighted as factors that could strengthen trade competitiveness of Landlocked Developing Countries in times of the global economic crisis.
THE Industrial Development Corporation (Zimbabwe) has agreed on terms with the Industrial Development Corporation of South Africa to finance existing and new projects in Zimbabwe.
A local beverage company fired 48 workers last week for refusing to wear corporate uniforms they believe were taken to a traditional healer for ritual purposes "to increase sales".
The trial of two Rural Electrification Agency managers who allegedly swindled more than US$7 500 meant to buy materials and pay for labour for electrification of Imba Children Home in Seke opened at the Harare Magistrates' Courts last Thursday.
Active Discussions: Southern Africa Business