AfricaHot newsTechnology

Africans can build cool tech

On 6 March members of the media were invited to the Social Business in Africa Innovation Dinner, where Gysbert Kappers, founder and CEO of Wyzetalk, spoke about his start-up product, which has served as a communication platforms for companies such as Discovery, Protea Hotels, Cash Crusaders, and Deli. Discovery’s PruProtect Chief Innovation Officer Joe van Niekerk spoke about how Wyzetalk has streamlined operations during the past year.
AfricaGeneralHot news

Sustainability: Key to the future of farming in SA

Zhann Meyer, head of Africa at Nedbank Capital Global Commodity Finance addresses 2014 problems for SA farmers. The most obvious source of upheaval for the SA agriculture sector to contend with at the start of a new year has been the massive spike in maize prices, which has been exacerbated by low stock levels and persistent drought conditions in the North West.
AfricaHot news

Kenya opens doors to Ethiopia

Kenya has opened the doors for Ethiopian companies to trade on the Nairobi bourse in what is seen as a move to encourage Addis Ababa to loosen its protectionist economic policies, reported The Daily Nation…
AfricaBancassurance 2014

We've got Kenya and Ghana covered!

In March this year COVER is hosting its fourth African Insurance Distribution and Bancassurance conference in Ghana and Kenya. These region-specific satellite seminars have helped COVER build good relationships in East and West Africa. COVER’s Editor-in-Chief,…
AfricaInvestment

Namibia ranked second in mining in Africa

When more than 4000 exploration development and mining related companies were asked where they would invest their money in Africa, Namibia was second on the list, with Botswana a solid first. The Fraser Institute survey assists in drawing much needed attention to Namibia’s mining sector as a world class producer of diamonds, uranium, gold, copper and zinc, citing it as an investor friendly environment to do business.
AfricaHot newsInvestment

Global donors retreat from Uganda

Uganda, traditionally one of the largest recipients of international aid, has suffered from donor aid cuts recently, with more withdrawal of aid expected to follow. The Netherlands, Norway, Denmark, Sweden and the World Bank have cut aid to Uganda of about USD 110m while the US, the UK and the European Union announced that they have begun a review of their relationship with Kampala.
AfricaFinancial PlanningHot newsInvestment

AfrAsia Bank lauded for online reporting

PriceWaterHouseCoopers Mauritius (PwC) has honoured AfrAsia Bank during the Corporate Reporting Awards 2014 for its successful strategy in online reporting. Among the 89 annual reports submitted to PwC and 75 websites reviewed, AfrAsia Bank, has excelled for the second consecutive year, and received the ‘Online Reporting’ award. AfrAsia Bank has also, for the first time, been awarded in the ‘Financial Institutions’ category.
AfricaGeneralHot news

SA’s banks focus on growth in Africa

PwC Major Bank Analysis of 2013/14 has revealed that banks in South Africa seem to be stable and well-regulated. Four major banks were analysed, namely Barclays Africa Group; FirstRand; Nedbank and Standard Bank. According to the study, despite cautious optimism and international interest, four major banking groups posted combined headline earnings of R27.6 billion. The study also highlighted common trends and issues currently shaping the financial services industry. One such trend is the ever growing interest in the notion of expanding into Africa.