Saturday, November 23African Digital Business Magazine

African News

African Business News

African News, South Africa News

Growing role for Africa in the “Golden Age of Gas” – Report

    Opportunities will extend in most areas to the smaller, local E&P players as well, most often in partnerships with larger, more-experienced players JOHANNESBURG, South-Africa, October 30, 2012/African Press Organization (APO)/ – With open access and attractive leasing terms, Africa’s oil and natural gas resources continue to attract a broad spectrum of investors, according to a new report from Ernst & Young (http://www.ey.com/za) Natural gas in Africa – The frontiers of the Golden Age launched at Africa Oil & Gas Week. Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/ernstyoung.jpg Elias Pungong, Ernst & Young’s Oil & Gas Leader for Africa says, “Natural gas development holds tremendous opportunity for Africa. It can be a primary dr...
African News

Africa & Middle East Focussed Telecom Analytics Solutions Provider wins Deloitte Technology Tech Fast 50 India 2012 Award

  Africa & Middle East Focused Telecom Analytics solutions provider wins Deloitte Tech Fast 50 India 2012 Award (Microsoft Word format) Ranked Number 6 Fastest Growing Technology Company, ABIBA attributes its 836% Revenue Growth to domain focus and customer centric approach   Bangalore, India, 30th Oct 2012 – ABIBA Systems, a leading Telecom Analytics software solutions provider focussing on Africa, Middle East, APAC and South Asia, today announced that it ranked Number 6 on the Deloitte Technology Fast 50 India 2012, a ranking of the 50 fastest growing technology companies in India. Rankings are based on percentage revenue growth over three years. ABIBA Systems grew 836 percent during this period.   ABIBA is currently working with largest operator in Africa and Mi...
African News, Energy, Green Energy

Standard Bank Group ranked South Africa’s greenest company

  Standard Bank Group has been ranked South Africa's "greenest" company in the 2012 Newsweek Green Rankings. Standard Bank Group was ranked 21st globally in the Financial Sector category and 64th overall. Other South African companies included in the rankings were MTN, Bidvest and Sasol. Newsweek, an international weekly news magazine, publishes the Green Rankings annually, focusing on the largest publicly traded companies in America (US 500 list) and worldwide (Global 500 list). Each list consists of the largest 500 companies by revenue, market capitalisation, and number of employees, as at 30 June 2012. To produce the 2012 Green Rankings, Newsweek collaborated with leading environmental research providers, Trucost and Sustainalytics, to assess each company's environmental fo...
African News

Standard Bank, Microsoft and Samsung partnership

  Standard Bank South Africa, Samsung and Microsoft have partnered to give Standard Bank South Africa customers first option on Samsung's new Ativ tablets, running the brand new Microsoft Windows 8 operating system - prior to the availability of the device in the mainstream market. The announcement coincides with the worldwide launch of the highly anticipated Windows 8 operating system. Launches were held in New York and South Africa on 25 October. The Standard Bank banking app, launched earlier this year on Apple, Android and Blackberry platforms, is also South African's first banking app in the Windows 8 app store. Samsung's Windows Ativ tablets are ultra-slim, lightweight, long battery power devices, and will be available to only Standard Bank customers in South Africa fo...
African News

Joburg and Standard Bank in new banking partnership

  Standard Bank South Africa has beaten four banks in a tender bid to partner with the City of Joburg. The participating banks were subject to the same rules and requirements, in line with the prevailing legislation, the Municipal Finance Management Act (MFMA). The City had utilised the services of one of the big four audit and consultancy firms to ensure that the process was transparent and fair to all participants. "This signifies the beginning of a new partnership with Standard Bank," says Mr. Trevor Fowler, the City Manager. "We believe the partnership with Standard Bank will support the City of Johannesburg as it rolls out the GDS 2040 Strategy , will assist the City, through commitments undertaken during the bidding presentation, on numerous aspects which are in lin...
African News, South Africa News

South African red tape may not be that bad

  By Thandisizwe Mgudlwa A report this week reveals that entry as a Small and Medium Enterprise (SME) is not so restrictive after all. And according to Gerrie van Biljon, Executive Director of Cape Town-based Business Partners, the general sentiment in South Africa’s business landscape is that the environment is plagued by challenges that hinder commercial activity. Further,in recent months much has been said about the significant red tape that hampers business growth in the country, however, despite all the negative reports, South Africa’s business environment is performing significantly well in key areas. Van Biljon then refers to the World Bank’s Doing Business 2012 Report, which ranks countries across the globe according to how easy or difficult it is for a local en...
African News, South Africa News

Western Union Announces Commitment to Design and Launch a New Financial Platform for NGOs

  President and CEO Hikmet Ersek announces commitment at the Clinton Global Initiative to help NGOs bridge the last mile JOHANNESBURG, South-Africa, October 29, 2012/African Press Organization (APO)/ – The Western Union Company (NYSE: WU) (http://www.westernunion.com), a leader in global payment services, today announced its commitment to creating a financial platform specifically designed to meet the payment needs of non-profit, non-governmental organizations (NGOs) and the people they serve. Logo Western Union: http://www.photos.apo-opa.com/plog-content/images/apo/logos/western-union.jpg The platform, Western Union® NGO Global Pay, will be created to help NGOs overcome the ‘last mile’ and bridge the gap between funds that need to be disbursed and the people who need them...
African News

North Africa Telecommunications Report Q4 2012

  NEW YORK, Oct., 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: North Africa Telecommunications Report Q4 2012 http://www.reportlinker.com/ Includes 3 FREE quarterly updates BMI View: The North African telecoms markets are recovering from the political and social upheavals of 2011. The more mature Moroccan and Tunisian markets still offer the best opportunities in terms of risks and rewards with respect to investment, and nascent mobile value-added services markets are beginning to take off, with mobile money and gaming highlighted this quarter. Algeria is more of a risk as the government appears set on taking control of all three mobile operators while continuing to persecute foreign investors and equipment sup...
African News

Extreme Networks Announces Innovative Ethernet Solution for Intelligent Physical Security

    Solution includes portfolio of intelligent Ethernet switches designed to reduce installation costs and improve operations through automation SANTA CLARA, Calif. – Oct. , 2012 – Extreme Networks, Inc. (Nasdaq: EXTR) today introduced an Ethernet-based physical security network solution designed to help reduce installation, operational costs and truck rolls, and simplify operations associated with networked physical security systems, including integrated alarms, IP surveillance cameras, door locks and related elements. Extreme Networks physical security network solution, delivered in conjunction with top-tier technology partners, supports surveillance and perimeter security, intelligent buildings, traffic cameras, equipment alarms, and tracking. Software intelligence embedde...
African News, Angola News, Madagascar News, Mauritius News, Seychelles News, South Africa News, Tanzania News, Zimbabwe News

SADC initiative to harmonize seed policies advanced

  by Wallace Mawire The Southern African Development Community (SADC) initiatives on harmonization of seed policies are at an advanced stage with  only a few countries still to sign the Memorandum of Understanding (MOU). The initiatives are being conducted under the Food, Agriculture and Natural Resources Policy Analysis Network (FANRPAN) Harmonized Seed Security Project. According to Dr Lindiwe Sibanda, FANRPAN CEO and Head of Mission, farmers in the SADC region remain seed insecure due in part to conflicting seed laws, regulations and procedures. These are reported to hinder the timely movement of seed across the region's borders. Sibanda says as a solution, FANRPAN has proposed the seed policies harmonization to increase seed flow across national borders. She says there is n...