Business in Africa

Teachers are calling for the prosecution of sacco officials implicated in the loss of more than Sh70 million and their properties attached to recover the money. Powered by WPeMatico

Nakuru agricultural society officials have adopted a new electronic system to register participants in a bid to tame ticketing fraud. Powered by WPeMatico

A local IT firm, Siltech Technologies, has launched an Internet-based medical scheme management system aimed at curbing rising cases of fraud in medical insurance. Powered by WPeMatico

The energy sector regulator has started the search for a new CEO as the term of the incumbent, Kaburu Mwirichia, comes to an end. Powered by WPeMatico

Fusion Group, a fund management and private equity company, is set to build a Sh1.25 billion office complex in Nairobi’s Upper Hill area. Powered by WPeMatico

Kenya can improve its balance of trade by weakening the shilling against major international currencies, the World Bank has asserted in a new report. Powered by WPeMatico

The FTSE NSE Kenya Indices have recorded loss of value in the past one month, bucking a trend of returning consistent gains in the past one year. Powered by WPeMatico

The Treasury has released Sh6.3 billion to the Constituencies Development Board for disbursement starting next week. Powered by WPeMatico

While governors embark on big plans for their counties, they must not forget there are hundreds of small but innovative enterprises that would make immediate and huge differences in their regions. Powered by WPeMatico

German Chancellor Angela Merkel caused a stir three years ago when she declared the country’s integration policies a failure. Since that time, though, several new programs have sprung up with the aim of giving immigrants a fair shot at a career in Europe’s largest economy. One such program is called “Berlin Needs You,” and it [...]

At the G8 Summit in Britain, President Barack Obama and European leaders announced the start of an effort to reach what is being called the biggest trade deal in history. Officials are focusing on regional trade agreements because the long effort to reach a new global trade deal is stalled. British Prime Minister David Cameron [...]

An agreement has been reached between parties involved in a court application for information about a rise in chicken import duty costs, the SA Poultry Association (SAPA) has said. The Association of Meat Importers and Exporters (Amie) had filed an application against SAPA and the International Trade Administration Commission of SA (Itac) for access to [...]

Marondera – William Mukurazita’s deposit at the bank has four legs and moos. Zimbabwe’s first Cattle Bank has just opened its books in a unique kind of banking where owners bring in their animals as collateral against cash loans. For many rural poor in this southern African country once wracked by world-record inflation, it’s the [...]

Up to 145 500 jobs and 60% of South Africa’s platinum output could be a risk in coming years amid unrest and upheavals in the sector, economists at Nomura bank have warned. Analysts at the Japanese bank said that rising mining costs – because of wage increases, regulation, increased electricity prices and a need to [...]

As costs rise and demand wanes – Nomura. Powered by WPeMatico