In the photo: Bobedi (Fana Mokoena) held at gunpoint by OJ (Neo Ntlatleng) Photo by NFVF
The 31st Durban International Film Festival 2010 (DIFF) kicks off on July 22 until August 02. Regarded as the oldest festival in South Africa, this year more than 200 screenings at numerous venues across the Durban district will be presented. [...]

Vice President Kalonzo Musyoka has commended the Saudi Arabia Kingdom for investing in the country and financing several development projects.
Musyoka singled out the Thika-Garissa and Sudan-Kakuma roads as some of the projects financed by the Kingdom.
He commended the cordial relations existing between the two countries and called on the Saudi people to invest more in [...]

Josette Sheeran, the Executive Director of the United Nations World Food Programme (WFP) begun a fact-finding visit on Tuesday to four African nations where the agency is undertaking the full spectrum of its humanitarian work ranging from emergency food assistance in Niger to distribution of cash and vouchers in the Democratic Republic of Congo, and [...]

Kenya’s Equity Bank Group has announced a 46 per cent per cent increase on profits before tax for its half year results in the current financial year, posting a Kshs 3.88 billion profit compared to Kshs 2.66 Billion for the same period last year.
Equally the period under review saw the after tax profit grow by [...]

Last year United Nations adopted 18 July, Nelson Mandela’s birthday as Nelson Mandela International Day. All over the world this year, 18 July has been a celebration of offering service and education, a call to action to use our energies to change our world for better. Nelson Mandela Bay hosted music Festival in honour [...]

The Angolan government has approved the landing rights for leading African airline- Kenya airways to launch flights in that country starting August 17, 2010.
The airline’s Group Managing Director and Chief Executive Officer Titus Naikuni confirmed on Monday in Nairobi that the new route to Angola is a key destination for Kenya Airways and its addition [...]

The Arab Bank for Economic Development in Africa (BADEA) is co-financing the construction and equipping of a burns management centre (78 bed wing) and Paediatric Emergency Centre (84 bed wing) to the tune of 480 million shillings($4.9 million) at the region’s largest referral hospital in Nairobi, Kenyatta National Hospital.
The completion of the project will [...]

How the World Cup spurred the fight for a unified Africa and a growth in the continent’s business development
It has long been argued that, due to myriad socio-, political- and economic challenges, the true potential of African business has remained in the dark: unable to connect with the global economy in the way Western nations [...]

BancABC group economist James Wadi says the high interest rate regime in the financial sector stemmed from an attempt by small banks to compensate for small deposit volumes.
The country’s big four banks CBZ, Barclays, Standard and Chartered and Stanbic control roughly 60 percent of the banking sector’s US$1.8 billion deposits.
The situation leaves the other 23 [...]

Africa is among the main drivers of growth in the telecoms industry, current estimates show.

According to Swiss technology firm, Ericsson, there are now more than five billion mobile subscriptions worldwide, thanks largely to emerging markets like China, India, Nigeria and Zimbabwe.

Ericsson says the five billionth subscriber was added Thursday, July 8. This comes just 18 [...]