The South African residential market offers an attractive opportunity in the affordable housing rental segment largely driven by low and middle income earners who do not qualify for bonds and increased demand for housing located closer to areas of economic opportunity. Gerhard Zeelie, Head Real Estate Finance (Residential) at Standard Bank South Africa, says: […]
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By Peter Karaszi Mobile operators across the globe are being squeezed by decreasing revenues per user, and a seemingly insatiable demand by users for more data. To efficiently manage the rapidly growing increase in data traffic in their networks, mobile operators need to build and improve their infrastructure in a much smarter way […]
By Wallace Mawire The International Monetary Fund (IMF) plans to establish a Regional Training Center (RTC) for Sub-Saharan Africa in Mauritius, according to a spokesperson. RTCs elsewhere in the world have facilitated the training of government officials on the formulation and implementation of macroeconomic policies as well as related statistical and legal frameworks. With support […]
RABAT, Morocco, Nov., 2012 /PRNewswire/ — IBM (NYSE: IBM) experts participating in the company’s pro bono Corporate Service Corps program have recommended a strategy to lift the productivity of Moroccan farmers. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO) The plan focuses on improving coordination between the country’s Ministry of Agriculture and the farming community, as well as improve internal coordination within the […]
Standard Bank Group has emerged as the leading investor in the first round of South Africa’s renewable energy independent power producer (REIPP) procurement process, backing a total of 11 wind and solar projects. Standard Bank Group will provide comprehensive corporate and investment banking services to all its clients, including underwriting R9.4-billion worth of debt, providing […]
On Sunday 10 November 2012, Ireland’s Minister for Trade and Development, Joe Costello TD, will lead an Enterprise Ireland trade mission with 37 companies to South Africa. The trade mission is being organised by Irish trade and technology agency, Enterprise Ireland in close cooperation with Ireland’s Department of Foreign Affairs and Trade and the Embassy […]
As part of the inaugural POWER-GEN Africa, taking place at the Sandton Convention Centre from 6-8 November, an intrepid group of delegates had a unique opportunity to visit Kusile, which once operational will be the fourth largest coal-fired power installation in the world. By its scheduled 2018 completion date the station, located in Mpumalanga […]
By Thandisizwe Mgudlwa An initiative aimed at mobilizing the Global business community to achieve sustainable prosperity must be taken seriously. A document released from Washington, D.C reveals that transnational corporations are now so numerous and in some cases so well capitalized that their global influence now rivals and in many cases exceeds that of […]
Mobile social network 2go is extending its successful feature phone app to smartphones, while growing its team of software developers and support staff. 2go currently has over 10 million active users who send more than 6 billion messages a month, mostly on lower-end feature phones in Nigeria and South Africa. “Feature phones have been […]
TSX: IMG NYSE: IAG TORONTO, Nov., 2012 /PRNewswire/ – IAMGOLD Corporation (“IAMGOLD” or the “Company”) regrets to report that a gardener employed at our exploration office in Ouagadougou, Burkina Faso, drowned on November 1, 2012. The Company immediately notified all relevant government authorities and other stakeholders in Burkina Faso and is reviewing its safety precautions […]
The tender for the first solar-powered World Cup 2022 stadium has been issued and the winners will be announced in November or December, the Qatar 2022 Supreme Committee has said. Construction should follow soon thereafter and if all goes according to plan, Al Wakrah stadium will be complete as soon as 2015. “The stadium will […]
PARIS, France, October 8, 2012/African Press Organization (APO)/ – Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Women […]
Please download press-release (all figures, tables, contacts): PMI Significant drill results Kubi (Microsoft Word) Key Points: Diamond drilling intersects significant gold mineralization at the Kubi South Prospect, located 1.5km south of the Kubi Main DepositatPMI Gold’s Kubi Project within the Ashanti Gold Belt. The Kubi Project is located on the north-east trending Ashanti Shear […]
NEW YORK, July 20, 2012/African Press Organization (APO)/ — Following are UN Secretary-General Ban Ki-moon’s remarks to the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, in Beijing, 19 July: It is a great honour for me to participate on behalf of the United Nations at this important Forum on China-Africa cooperation. I […]
5 Billion Euros Spent on Fairtrade Products in 2011: World’s Most Recognized Ethical Label on Solid Ground in Established Markets, Taking Off in New Ones Bonn, Germany, 17 July 2012. Women, men and children around the globe spent almost 5 billion euros (€4.9bn, US$6.6bn) on Fairtrade certified products last year, according to figures released […]
Progress is Slow, But Moving toward More Consistent Rules across Every Region NEW YORK, July 17, 2012 /PRNewswire/ — In its fourth annual analysis of global financial regulations, KPMG, the audit, tax and advisory firm, says investment managers continue to face daunting challenges brought on by a changing global regulatory environment, which is fraught with unanswered […]
LONDON, July 17, 2012 /PRNewswire/ — Experian CreditExpert’s identity web monitoring service reveals more than 12 million pieces of personal information traded online globally between January and April 2012 More than 12 million pieces of personal information were illegally traded online by identity fraudsters in the first four months of 2012, new figures from […]
by Corlia Goosen Company: Discover Africa Telephone: 021 422 3498 The growth of the business sector and industry along with the population leaves electricity supply short in some parts of the country. An increasingly high demand creates high volumes of output providing South African’s with a grid that struggles to cope and unable to […]
Existing property to be renamed Four Seasons Safari Lodge Serengeti, Tanzania; additional new properties planned in Ngorongoro Conservation Area and on the island of Zanzibar TORONTO, July 10, 2012 /PRNewswire-USNewswire/ — Four Seasons Hotels and Resorts has signed a long term management agreement with the owners of Bilila Lodge, a resort in the Serengeti National […]
PMI acquires mining lease continguous……………. (MS Word) PMI acquires mining lease continguous……………. (Acrobat Reader .pdf) PMI Gold Corporation(TSX-V: PMV) (ASX: PVM) is pleased to announce that its 100% wholly-owned subsidiary, Adansi Gold Company (Ghana) Limited (“Adansi”) has entered into an agreement with Midras Mining Company Ltd (“Midras”) to acquire the DatanoMining Leasewhich sits contiguous […]
LONDON, July 9, 2012 /PRNewswire/ — June proved to be a bullish month for stock markets, with investors buying back into the market after three previous months of declines as Central Banks looked to stimulate a slowing global economy. In June, the FTSE 100 gained 251 points or 4.7%. However, having hit resistance at […]
Recognizing immense standing in the construction and real estate sector, Dr. Naseer Homoud, a renowned philanthropist and business leader, has been placed at 84th position of 100 Most Powerful in Gulf Construction as unveiled by Construction Week’s annual Power 100 listing. Doha, Qatar, July 09, 2012 –(PR.com)– Being part of the List, Dr Naseer Homoud […]