Sunday, November 24African Digital Business Magazine

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African News, South Africa News, Zambia News

Regionalism

  by Chikomborero Dengu (chikodengu @ gmail.com) Regionalism (Microsoft Word) Introduction There is an increasing recognition for the need to improve the political and economic environment of a country or region via collective action . This recognition is borne out of the realisation that countries or indeed regions are competing with themselves for scarce resources . This essay intends to dissect the concept of new regionalism and whilst briefly looking at how it has evolved .  With reference to the last point this paper will attempt to link the concept of new regionalism to the recent surge in Regional Trade Agreements (RTA).[1] The crux of this essay however lay in establishing the reasons for increases in RTA’s , that is to say both economic and political positives of jo...
African News, South Africa News

How to make money

  By Chemory Gunko How to make money (Microsoft Word) Wherever you look, and whomever you speak to, the answer you hear to all our economic and business woes is be entrepreneurial! What exactly does it take to be entrepreneurial though, and what does it mean to have an entrepreneurial mindset?   I have been very blessed in my time to work with some amazing business people, and the lessons I have learned from the time spent with them are lessons I go back to daily as I’m building my own little empire J   The most valuable lesson I’ve ever learnt about business though, is not to wait for clients. And that’s exactly what the fundamental premise of an entrepreneurial mindset is.   Some of the most fascinating and successful business people I’ve met just never ...
Science, South Africa News

Life Technologies and SATuRN Collaborate to Increase Access to HIV Testing in Africa

  CARLSBAD, Calif., July 24, 2012 /PRNewswire/ -- Life Technologies Corporation (NASDAQ: LIFE ) today announced a collaboration with the Southern African Treatment and Resistance Network (SATuRN – http://www.bioafrica.net/saturn) on sequencing-based diagnostics for HIV-infected individuals in Africa. Antiretroviral (ARV) drugs are becoming increasingly available in the developing world, due to facilitation by both governmental and non-governmental organizations, as well as reductions in price and international trade restrictions by pharmaceutical companies. Resistance to these drugs develops in many HIV-infected individuals, however, and resistance is therefore coming to the forefront of the global health agenda. Resistance can be monitored by genetic sequencing of two viral gen...
African News

CNBC AFRICA LAUNCHES ITS NEW BUREAU IN ZAMBIA

CNBC AFRICA, opened its eighth African bureau in Zambia as it continues to widen its African reporting footprint. The bureau, a joint venture with Zambia's national broadcaster, ZNBC, will be based in the Zambian capital, Lusaka and opened for business on the 25th of July 2012. It's the channel's second bureau this year following Mozambique where, the company also teamed up with the local national broadcaster, TVM. The other bureaus are in South Africa, Nigeria, Kenya and Gabon. "The new bureau is continuing testimony to our vision to provide comprehensive coverage of Africa's growing markets. Zambia is one of the new groups of African economies expanding at more than 7% per anum whose story remains largely untold outside its borders," said Godfrey Mutizwa, CNBC Africa Chief Editor. ...
African News

IBM To Boost Technical Skills In Mauritius

  New programs to help develop technical talent in the Indian Ocean Island Region PORT LOUIS, Mauritius, July 25, 2012 /PRNewswire/ — IBM (NYSE:IBM) today announced a collaboration agreement with the University of Mauritius to help meet the demand for Computer Science skills in the Indian Ocean island region. The joint academic initiative will provide technology and training resources while boosting support for computer science professionals at the University. In tandem, IBM also launched a Mauritian technical skills training pilot initiative for IT specialists, which will be rolled out to nine other African countries. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO) As part of the agreement with the University of Mauritius, IBM will provide access to the latest open...
African News, Togo News

Togo / Tourism: bar restaurant “Manchester United” opened

The tourism landscape Togo recorded a newborn. This is the bar-restaurant "Manchester United" opened on July 15 in Lome in an environment well maintained by comedians and actors Togo renowned. Various personalities first and foremost the Togolese Minister of Social Action and National Solidarity Mémounatou Ibrahima, responded overwhelmingly to the invitation of the management of this jewel where the initiative comes from members of the Association of Young Farmers Modern (AJAM). By investing in this way in the tourism sector of Togo, the initiators of the bar restaurant 'Manchester United' agree to join forces and bring their stones in the development process in which Togo is firmly committed under the leadership of the Head of State of Togo Faure Gnassingbe Essozimna. '' This is also f...
African News

Confirmation.com Uncovers $200 Million Peregrine Financial Group Fraud

  Commodity Futures Regulator Moves to Mandate Use of Service for All Regulated Brokerages BRENTWOOD, Tenn., July 23, 2012 /PRNewswire/ -- Within 24 hours of a regulatory mandate to use electronic confirmation service Confirmation.com, here, PFGBest, a commodity brokerage unit of Peregrine Financial Group, Inc., was exposed as a multi-year $215 million fraud. "PFGBest is a sadly common example of how easily bank and account information can be falsified to evade detection of accounting frauds," said Brian Fox, founder and chief marketing officer of Confirmation.com. "CEO Russell Wasendorf resisted using our service for months, presumably because he knew that as soon as electronic confirmation went into effect, he would be exposed. We have seen this pattern several times since lau...
Science

New Study Finds Greatly Elevated HIV Infection Rates Among Young Black Gay and Bisexual Men in the U.S.

  RESEARCH TRIANGLE PARK, N.C., July 23, 2012 /PRNewswire-USNewswire/ -- Study results released today by the HIV Prevention Trials Network (HPTN) show disturbing  rates of new HIV infections occurring among black gay and bisexual men in the U.S. (also known as men who have sex with men, or MSM), particularly young black MSM. The HPTN 061 study showed that the overall rate of new HIV infection among black MSM in this study was 2.8% per year, a rate that is nearly 50% higher than in white MSM in the U.S. Even more alarming, HPTN 061 found that young black MSM—those 30 years of age and younger—acquired HIV infection at a rate of 5.9% per year, three times the rate among U.S. white MSM. The overall infection rate among black MSM in this U.S study is comparable to the rate seen in the gen...
African News, South Africa News

Standard Bank South Africa’s Muvo card brings cutting edge technology to bus system

  The introduction of the MasterCard Muvo card in Durban will herald the beginning of the end of carrying cash for bus fare in South Africa. Commuters using People Mover and Durban Transport buses throughout Ethekwini municipality in KwaZulu-Natal province will use the card to pay their fare. The card is powered by Standard Bank South Africa and introduced through its innovation arm Beyond Payments and transport IT specialistAlmex. The card is an anonymous debit MasterCard that is coupled with the National Department of Transport's specified ticketing solution. It is also prefunded and reloadable, and can be used as a standard EMV MasterCard, as well as in a contactless environment enabled though the MasterCard PayPass™ contactless technology. The launch follows the successful...
African News, Algeria News, Egypt News, Ethiopia News, Mauritius News, Nigeria News, South Africa News, Zambia News

Africa to gear up for more meaningful engagement with China

  The partnership with China should aim to boost Africa's overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent's regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon Freemantle ahead of the fifth Forum on China-Africa Cooperation (FOCAC) in Beijing, China, that starts on 19 July 2012. Jeremy Stevens, Standard Bank Group's Beijing-based economist, says that the summit comes at a time when China is distracted by domestic economic challenges and political matters. Meanwhile Africa is now even more reliant on China, in particular Chinese demand for African commodity exports, but even ...