Business for Africa

SA`s Telkom says in Africa partnership with AT&T
16th Apr 2009
South African fixed-line phone firm Telkom SA Ltd has agreed to work with AT&T to provide IT and telecom services in Africa in a bid to win business from foreign firms expanding on the continent. (read more)

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MEDIA PACK

Cedi gains ground on pound and euro 16th Apr 2009 On the inter-bank market, the cedi regained some of its integrity when it managed an appreciation against its peers. (read more)



Mauritania military ruler to run for president 16th Apr 2009 Mauritania`s military ruler gave up power Wednesday to clear the way for his candidacy in elections meant to return civilian rule to the desert West African nation. (read more)



Africa investor Pan-African Investment Climate Summit to unveil major Zimbabwe infrastructure and privatisation projects 15th Apr 2009 The Africa investor Pan African Investment Climate Summit will profile a series of investment opportunities from across Africa to leading investors, development finance institutions and donors. (read more)



Treasury places 13 hotels on sale to plug budget gap 15th Apr 2009 The government is selling some of Kenya`s finest hotels, hoping to use the proceeds to plug a huge budget deficit that has been ballooning in the past few months with the economic slowdown. (read more)



EAC states sideline Dar in common market push 15th Apr 2009 East African Community member states have resolved to launch a blueprint for a common market in two weeks despite Tanzania`s failure to cede ground on land ownership, identification and citizenship. (read more)



ABB wins $490m oil and gas contract 14th Apr 2009 ABB, the leading power and automation technology group, has won a contract for about $490m as part of the El Merk oil and gas project in Algeria. (read more)



Kenya shilling steady but client dollar demand to weigh 14th Apr 2009 Kenya`s shilling was stable against the dollar on Tuesday but is expected to weaken marginally in coming days on corporate activity as players eye political risk in east Africa`s largest economy. (read more)



Zimbabwean constitutional committee formed 14th Apr 2009 A committee responsible for drafting a democratic constitution after the establishment of a new power-sharing government in Zimbabwe nearly two months ago, was announced on Sunday. (read more)



Recovery will take longer than expected 8th Apr 2009 Reserve Bank governor Tito Mboweni disagrees with the many economists who expect a recovery from the sharp global slowdown by next year. (read more)



Egypt regulator blocks France Telecom`s Mobinil bid 8th Apr 2009 Egypt`s Capital Markets Authority (CMA) said that the offer submitted by France Telecom to buyout minority shareholders in the Egyptian Company for Mobile Services was far short of what was fair for the stockholders. (read more)



Follow-up to the Fourth Tokyo International Conference on African Development (TICAD IV) 14th Mar 2009



Gold price `may recover to $1000` 8th Apr 2009



De Beers scales back African ops 7th Apr 2009



Standard Bank appoints three deputy chief executives 7th Apr 2009



Pan African body out to bolster investment climate on continent 7th Apr 2009



Financiers pledge $1 billion for Africa infrastructure 6th Apr 2009



NSE places Sh251m price tag on stockbrokers` seats 6th Apr 2009

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