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Africa investor and NYSE Euronext launched partnership
4th Jul 2008
Africa investor, in association with NYSE Euronext, presented the Ai Index Series Summit to global investors at Palais Brongniart in Paris.
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Mauritania PM to form new cabinet after resignation
4th Jul 2008
Mauritanian President Sidi Mohamed Ould Cheikh Abdallahi asked Prime Minister Yahya Ahmed El Waghef to form a new cabinet on Thursday after the premier resigned with his government over a parliamentary revolt.
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Merged bank`s subsidiaries to retain identities
4th Jul 2008
Newly merged, CfC Stanbic Bank subsidiaries will retain their identities as the parent company, CfC Stanbic Holdings, seeks to consolidate their former competing business interests.
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South African miners union sets August 6 strike date
3rd Jul 2008
South Africa`s biggest miners union said on Wednesday it would down tools on August 6 in a national strike that could halt production in the world`s biggest source of platinum and major gold producer.
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Malawi considers resuming links with Libya
3rd Jul 2008
Malawi and Libya are considering resuming diplomatic relationships after presidents Bingu Wa Mutharika and Muammar Ghaddafi met earlier this week in Egypt, where they both attended the African Union summit. (read more) |
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Morocco telecom company Meditel to invest $577m
3rd Jul 2008
Moroccan telecommunications service provider Meditel plans to invest 4.2 billion dirhams over the next two years to keep pace with market growth and develop new services, the company said on Wednesday.
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ABCH ties knot with the world`s biggest financial institution
2nd Jul 2008
The African Banking Corporation Holdings (ABCH), clichéd a deal with Citi Venture Capital International on Wednesday aimed at seeing the Botswana registered bank spreading its wings across the African continent.
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Mr Price to accelerate expansion in Africa
2nd Jul 2008
Discount fashion retailer Mr Price plans to accelerate its expansion in the rest of Africa this financial year with its low-risk franchise model.
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Chromex granted mining right for Mecklenburg chromite project in South Africa
2nd Jul 2008
AIM-listed Chromex Mining Plc. said it has been granted mining rights for the Mecklenburg chromite deposit in South Africa.
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South Africa close to brokering Zimbabwe deal
1st Jul 2008
South Africa is close to brokering a deal that would see Zimbabwean President Robert Mugabe and opposition leader Morgan Tsvangirai negotiate a unity government, a South African newspaper said on Tuesday. (read more) |
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National Bank of Egypt sells stakes in 6 companies
1st Jul 2008
State-owned National Bank of Egypt has sold its holdings in six companies for a combined total of 5.29 billion Egyptian pounds ($993 million), the financial daily Al Mal said on Tuesday.
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Welcome for bank charges move
1st Jul 2008
The Congress of South African Trade Unions (Cosatu) has welcomed the Competition Commission banking inquiry panel`s recommendations for the banking sector.
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Grand Regency: Orengo threatens to cancel deal
30th Jun 2008
Lands minister James Orengo Sunday said he was considering revoking the controversial sale of the Grand Regency Hotel. (read more) |
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Mugabe to confront critics at African Union summit
30th Jun 2008
Zimbabwean President Robert Mugabe will confront his critics at an African Union summit on Monday, fresh from victory in a one-candidate election which observers said was unfair because of viole (read more) |
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G8 Worried over Nigeria`s Nuclear Programme
30th Jun 2008
Nigeria`s nuclear programme is causing concern among the world`s Group of Eight (G8) nations.
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