AFRICA NEWS

Malawi exports migrant workers to South Korea

Blantyre - Malawi's popular gospel musician Joseph Alfazema has quit his singing career, at least for now, for a job as an unskilled agricultural labourer in South Korea where he hopes to earn "lots o...

By AFP | Published: 11 June 2013

AFRICA BUSINESS

Rwanda seals 4G internet deal

KIGALI - Rwanda on Monday signed a deal with South Korea's largest telecoms provider, KT Corporation, to roll out high-speed 4G internet within three years.Rwanda has laid more than 3,000km of fibreop...

By Jenny Clover | Published: 11 June 2013

AFRICA NEWS

Mandel remains 'serious but stable'

FORMER South Africa president Nelson Mandela remains in a "serious but stable" condition in a Pretoria hospital despite some speculation that he was set to be moved to his Eastern Cape home of Qunu.He...

By Sapa | Published: 11 June 2013

AFRICA BUSINESS

South Africa discusses trade, investment with EU

Brussels - International Relations Minister Maite Nkoana-Mashabane said that trade and investment figures and how to improve these under the "current global meltdown" was discussed with the European C...

By Sapa | Published: 10 June 2013

AFRICA BUSINESS

Emirates Resumes Services to Libya

HARARE - Emirates will restart passenger flights to Tripoli from 1st September 2013, illustrating Libya's importance in Emirates' global network and the airline's commitment to the country. Emirates'...

By Ndou Paul | Published: 10 June 2013

AFRICA NEWS

Mthuli Ncube slams SA's black economic empowerment programme

Cape Town - Professor Mthuli Ncube of the African Development Bank (AfDB) has slammed black economic empowerment (BEE), saying it is not creating any value."I've looked at all BEE deals up till about...

By fin24 | Published: 10 June 2013

AFRICA BUSINESS

SA Airways borrows R1.5bn to stay afloat

Johannesburg - SA Airways has postponed its bond issue in favour of borrowing R1.5bn from two banks, it was reported on Monday.Chief financial officer Wolf Meyer told Business Day this was until th...

By Business Reporter | Published: 10 June 2013

AFRICA BUSINESS

Angolan Airline to increase flights to Zimbabwe

Angolan Airline (TAAG) has announce that the company will increase to four its flight frequency to Harare, Zimbabwe. The decision follows a bilateral agreement on the air services signed this we...

By Staff reporter | Published: 10 June 2013

AFRICA BUSINESS

Emirates announces management changes across Africa

As part of its continued growth strategy in Africa, Emirates has announced several rotations in its commercial operations team.The moves are part of Emirates' commitment to offering staff the opport...

By Business reporter | Published: 10 June 2013

AFRICA BUSINESS

EgyptAir to relaunch Zimbabwe flights in June

NINE years after abandoning flights to and from Harare because of the then worsening political and economic climate, EgyptAir is set to resume operations with, initially, four times weekly return f...

By Staff reporter | Published: 10 June 2013

AFRICA NEWS

Tanzanian businessman acquitted in Zim

A Tanzanian businessman accused of repacking Oriental and Zam Zam rice into branded packaging belonging to another company has been acquitted.Mlengela Anastazi, director of Bolstfern Investment, who...

By Staff Reporter | Published: 10 June 2013

AFRICA BUSINESS

Altech partnership creates largest fibre network in Africa

The Altech Group (Altech) has concluded the realignment of its East African network interests by injecting them into a strategic partnership with Liquid Telecommunications Holdings (Liquid), a highl...

By Business Reporter | Published: 10 June 2013

AFRICA BUSINESS

African Migrants Could Save US$4 Billion Annually On Remittance Fees

WASHINGTON - Bringing remittance prices down to five percent from the current 12.4 percent average cost would put US$4 billion more in the pockets of Africa's migrants and their families who rely on...

By APO | Published: 10 June 2013

AFRICA BUSINESS

New SA law against the promotion of free trade, says AfDB

The African Development Bank (AfDB) says the recent enactment of the Preferential Procurement Policy Framework Act (PPPFA) by South Africa is against the promotion of free trade under the Sadc Trad...

By Staff reporter | Published: 10 June 2013
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