Monthly Archives: October 2012

South Africa: John Thompson flying higher

  By Thandisizwe Mgudlwa Here is a company that knows how to make it big in the international business arena. The South African group, John Thompson is continuing its strong international performance with multiple export orders into the East African tea industry, brewing industry and the highly competitive Far East market, research reveals. According to […]

Africa’s IT industry gearing up toward the clouds as summit launches into day one

  Africa’s IT industry gearing up toward the clouds as summit launches into day one (Microsoft Word) The anticipated 3rd annual Cloud and Virtualisation Summit Africa is taking place at the Hilton Hotel in Sandton, Johannesburg, from 10 to 11 October 2012. The event is hosted by international business-to-business conferencing company, Kinetic Events. The must-attend […]

Hyundai goes big at GulfSol 2013

  Hyundai Heavy Industries has confirmed a major presence at GulfSol 2013 (3-5 September 2013, Dubai World Trade Centre), with the reservation of a prime-located 100 sq metre exhibition stand. The Korean solar giant has always been a key mover in emerging markets, and this sizeable booking sends out a clear message of intent to […]

EIGHT OUT OF TEN COMPANIES STEP ON TO THE CLOUD

  Johannesburg, South Africa: 11:30am 10 October 2012 – Nearly 80 per cent of organisations either use Cloud computing in their business or are planning to do so over the next 12 months, an audience of South African business executives heard today. Visitors to the Cloud and Virtualization Africa Summit attended a workshop by KeyedIn® […]

Summit aims to encourage enterprises and governments to be tech intensive and ICT empowered

  Enterprises and governments to be tech intensive and ICT empowered (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to […]

Polaris to Implement Intellect Quantum Core Banking Solution in National Bank of Ethiopia

  ADDIS ABABA, Ethiopia and CHENNAI, India, October 8, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ — Ethiopian Central Bank chooses Polaris’ Intellect Quantum CBS specifically designed for Central banks Polaris Financial Technology Ltd (POLS.BO), a leading global Financial Technology Company, today announced that National Bank of Ethiopia, an important Central Bank in the African continent, […]

The Parliament of Sierra Leone has ratified the award of offshore exploration blocks for ODYE Limited with partners, Chevron and Noble Energy

    “The two exploration blocks, SL-08A and SL-08B, have been combined into one concession and are located between 75 and 110 miles (120 and 180 km) southwest of the capital of Freetown and cover a combined area of about 2,100 square miles (5,500 sq. km). (CNW Group/ODYE Limited)”. LONDON, Oct. 8, 2012 /PRNewswire via […]

Middle East and North Africa: Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

  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 […]

Officials to deliberate a business plan to implement the African Mining Vision

  ADDIS ABABA, Ethiopia, October 8, 2012/African Press Organization (APO)/ – The joint partnership of the African Union Commission, the Economic Commission for Africa and the African Development Bank has hailed today’s meeting of the Bureau of the Second Conference of AU Ministers Responsible for Mineral Resources Development as “an important milestone in implementing the […]

World Bank Launches New Fund to Help African Countries Negotiate Best-Possible Deals for their Oil, Gas, and Minerals

PARIS, October, 2012―With new discoveries of oil, gas, and other minerals generating a wave of significant mineral wealth in African countries, the World Bank today launched a new fund to help countries on the continent level the playing field and ensure equitable deals in their natural resource contracts with international companies. With Africa holding 15% […]

Despite Global Slowdown, African Economies Growing Strongly― New Oil, Gas, and Mineral Wealth an Opportunity for Inclusive Development

WASHINGTON, October, 2012 – Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. Excluding South […]