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Business

Feb 07, 2016
Zimbabwe will now allow foreign investors to buy stakes of up to 49 percent in companies listed on its stock exchange, the central bank governor said last week. Zimbabwe had…
Feb 06, 2016
Imagine putting on a sandal or slippers that has your name customized on it according to your specification and also finding the same product in Europe, Asia and America. Mpaboa…
Feb 04, 2016
Shares of Flour Mills of Nigeria, the country’s biggest miller by market value, rose the most in 14 months as a stake sale to Lafarge Africa last year buoyed profit.…
Feb 03, 2016
Nairobi edged out Johannesburg to become the top destination of Foreign Direct Investments (FDI) in Africa in 2015 reflecting improving investor confidence in Kenya. A view of a section of…
Feb 01, 2016
Business confidence among Kenyan firms increased marginally in January this year compared to December last year, a new poll by Standard Chartered shows. A lady displays some of her products…
Jan 30, 2016
Kenya's East African Breweries Ltd (EABL) expects a hike in beer excise duty to hit demand in its home market in the coming months and will raise output of a…
Jan 29, 2016
The Petroleum Commission has underscored the need for oil companies, especially new entrants, to adopt the Marine Seeps Detection Technology to reduce the risk of drilling dry wells. According to…
Jan 27, 2016
Experts on Tuesday decried Sub-Saharan Africa's high dependence on imported medicines. Rory Horner, Britain's University of Manchester Lecturer on Globalization, told Xinhua in Nairobi that between 75 to 80 percent…
Jan 27, 2016
Facebook, Microsoft and Google have voiced their opposition to possible regulation of over-the-top (OTT) services such as WhatsApp and Skype in South Africa. Representatives of these companies addressed their concerns…
Jan 25, 2016
So you’re finally ready to start you own business? Here’s how to ease your way to success. You’ve decided that 2016 is the year in which you quit your job…
Jan 25, 2016
Investors have been rushing into Africa since end of the global financial crisis, lured by untapped opportunities and high economic growth rates. The push into Africa has been a perennial…
Jan 23, 2016
The Minister of Trade and Industry, Ekwow Spio-Garbrah, has asked the central bank to place a cap on the rate of interest financial institutions can give out to their customers…
Jan 21, 2016
Oil and gas exploration companies are selling their entire interest, or part, in areas with weak prospects, as they focus on survival strategies and ongoing production projects owing to dropping…
Jan 20, 2016
The team that brought Zwipit buy back to the South African mobile device market has now answered a call from consumers to buy Certified Pre-owned mobile devices at reduced prices.…
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