African News Archives - Page 41 of 46

17Jul

By AfricaBusiness.comNo Comments

Mount Rock Capital Announce Expansion into South Africa

Mount Rock Capital is proud to announce the launch of its first licensed financial advisory office in the Republic of South Africa. Our new office in Johannesburg will provide a range of international pension, offshore wealth management and financial structuring solutions to expatriates and internationally minded high net worth South African individuals and family offices. As an organisation with a growing international advisory presence, the Johannesburg offices will be our third new branch on the African continent in the last 18 months and the second this year, thus extending our reach to Clients in this highly regulated marketplace. The South African management team has a wealth of experience both locally and internationally and has been working very closely with the loca...

17Jul

By Rebecca ChimjekaNo Comments

African News, Malawi News

Fight on Malaria rages in MALAWI

By Rabecca Chimjeka Fight on Malaria rages in Malawi (Microsoft Word) Malaria remains a threat and a major cause of deaths in Sub-Saharan Africa and Malawi in particular, confirms the country’s 2010 Demographic and Health Survey. Malawi government, through the Ministry of Health is implementing a five year called Indoor Residual Spraying (IRS) targeting communities in the country’s five lakeshore districts of Karonga,Nkhatabay, Nkhotakota,Salima,Mangochi and the two Lower Shire districts of Chikhwawa and Nsanje. According o the Doreen Ali of the Malaria Control Program in the Ministry of Health, the IRS drive that rolled out in 2007 is on track. She confirms that 77,647 structures have been sprayed out of 82,629 targeted translating into about 88 percent su...

17Jul

By AfricaBusiness.comNo Comments

African News

Instant Asset Tracking for Enhanced Security Heightens RFID Usage in Data Centers, Observes Frost & Sullivan

Corporate accountability regulations compel data centers to invest in RFID to maintain and manage their IT assets MOUNTAIN VIEW, Calif., July 17, 2012 /PRNewswire/ -- The growing requirement for faster and more accurate tracking and tracing of IT assets in data centers is prompting data center operators and hosting service providers to increasingly adopt radio-frequency identification (RFID) technology. This technology can rapidly locate, identify, and track assets without needing a clear line of sight, thereby reducing manual labor and errors. New analysis from Frost & Sullivan (http://www.autoid.frost.com), Analysis of RFID in the Data Center Market, finds that the market earned revenues of $96.3 million in 2011 and estimates this to reach $952.6 million in 2017, with the widespread...

17Jul

By AfricaBusiness.comNo Comments

African News

Global Investment Management Industry Continues To Face A Regulatory Avalanche Of Disparate Rules: KPMG Report

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 questions and an array of differing rules in each region. Observers, however, are beginning to see some consistency regarding the implementation of new regulations across the globe, with the U.S. and Europe setting the bar and Asia catching up. "We are beginning to see progress toward more consistency with regard to global regulations but there still remains disparity in the regulatory requirements across the regions," said ...

17Jul

By AfricaBusiness.comNo Comments

African News

Messy, Inaccurate, Confusing: Study Finds Corporate Travel Managers Waste Over 400,000 Hours Reconciling Travel Data

GBTA Foundation Study Finds Travel Managers Lack Single Solution to Efficiently Manage Multiple Data Streams Costing Companies Millions Effective Use of Travel Data Can Help Companies Control Travel Spend ALEXANDRIA, Va., July 17, 2012 /PRNewswire-USNewswire/ -- Travel data can play a key role in helping travel managers control travel spend, increase compliance, negotiate with suppliers and manage safety and security risks – but data management systems need to be improved. Research released by the GBTA Foundation, the education and research arm of the Global Business Travel Association, found that despite the demonstrated value of travel data, travel managers struggle to manage and process multiple travel data sources to realize their business goals. The survey, The State of Expense Data ...

17Jul

By AfricaBusiness.comNo Comments

African News

Online ID OD: Illegal Web Trade in Personal Information Soars

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 Experian CreditExpert reveal. Bespoke research* from Experian CreditExpert's web monitoring service - which helps people to quickly detect ID theft - shows that the first four months of 2012 have already outstripped the entire of 2010 when 9.5million pieces of personal information were illegally traded. Approximately 90% of the illegally traded data during January - April this year consisted of password and login combina...

17Jul

By AfricaBusiness.comNo Comments

African News, Botswana News, Equatorial Guinea

Equatorial Guinea Leads Africa In Per Capita Health Investment

Improvement of public health and health infrastructure is a national priority in Equatorial Guinea. MALABO, Equatorial Guinea, July, 2012 /PRNewswire-USNewswire/ -- Equatorial Guinea and Botswana lead Africa in per capita investments in health care, according to a World Health Organization (WHO) report, but the gap in spending between Africa and the rest of the world is still a concern. The statistics are from the WHO's 2012 Health Financing and Health MDGs (Millennium Development Goals) Scorecard and Africa's first Multi Year Health Financing Trends Analysis. The surveys show Equatorial Guinea's per capita annual spending at $612 and Botswana's at $442. The survey results were presented by Rotimi Sankore to the WHO's Joint Conference of Finance and Health Ministers, which met in Tunis Ju...

17Jul

By AfricaBusiness.comNo Comments

African News

Mobile Retail Commerce Rises While Social Shopping Drops in Second Quarter, Reports IBM

ARMONK, N.Y., July 16, 2012 /PRNewswire/ -- Mobile shopping rose while social media sales fell, providing an indication of where US retailers may invest in order to capture the attention and loyalty of the digital consumer, according to a new report from IBM (NYSE: IBM). The IBM Retail Online Index, a cloud-based analysis of the online retail sector reported that retailers experienced 15 percent growth in sales from mobile devices but saw a 20 percent decline in sales traced to social media based on a much smaller base over this three-month period. This report follows today's news from the U.S. Department of Commerce's Census Bureau which announced its estimates of U.S. retail and food services sales. According to the findings, retail sales fell 0.5 percent in June from May, the third ...

16Jul

By AfricaBusiness.comNo Comments

African News, South Africa News

Protect yourself from fraud and stand in line to win an iPad!

by Tina-Louise Company: Compuscan Telephone: 021 888 6127 It is estimated that identity theft costs our economy over R 1 billion each year. Despite the fact that consumers are becoming more vigilant, fraudsters are becoming more cunning. Techniques such as card skimming and phishing are used daily on unsuspecting victims to access their identity and personal information. Social media websites have also become a goldmine for fraudsters who are looking for access to personal information. If consumers want to protect their identity from impersonation the first step is to equip themselves with knowledge on how to prevent identity theft and what to do should they become a victim. Many individuals believe that fraud will not affect them and as a result do not put appropriate measu...

16Jul

By AfricaBusiness.comNo Comments

African News, Ethiopia News, Kenya News

World Bank Approves New Power Transmission Line between Ethiopia and Kenya to Boost Electricity and Economic Growth in East Africa

Washington, July 12, 2012 – The World Bank’s Board of Executive Directors today approved the Eastern Electricity Highway Project, which will connect Ethiopia’s electrical grid with Kenya’s, create power- sharing between the two countries, reduce energy costs, promote sustainable and renewable power generation, better protect the region’s environment, and pave the way for more dynamic regional cooperation between the countries of East Africa. The new project marks the first phase of a regional East Africa power integration program which is likely to cost US$1.3 billion at completion, eventually benefiting 212 million people living in five countries with a combined GDP of US$107 billion. Together with the Governments of Ethiopia and Kenya, the African Development Bank (AfDB), and ...