July Archives - Page 3 of 5 - AfricaBusiness.com

17Jul

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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

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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

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Science

SURVEY: New Findings Indicate IT Solutions are Strategic Drivers for OR Efficiency, Managing Increased Volumes and Surgeon Recruiting and Retention

Surgeons look to technology to streamline, reduce errors, and improve quality and compliance as the pressure to optimize increases ATLANTA, July 17, 2012 /PRNewswire/ -- Surgical Information Systems ('SIS'), a leader in perioperative information systems, today released results of a nationwide survey showing that surgeons view specialized perioperative information systems as essential tools to drive OR efficiency, enhance physician satisfaction and improve access to patient information. (Logo: http://photos.prnewswire.com/prnh/20080722/SISLOGO) Additionally, surgeons indicate they are turning to information technology (IT) to manage collective healthcare challenges such as rising case volumes, increased regulatory compliance requirements, and increasing financial pressures. IT ...

17Jul

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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

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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

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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

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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

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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 ...

12Jul

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Africa Travel, African News

Manama Hotels Top List of Global Revenue Earners

Ernst & Young Reports Bahrain Hotels Top List of Largest Increase in Revenue per Available Room MANAMA, Bahrain, July 12, 2012 /PRNewswire-USNewswire/ -- Bahrain's hotel industry tops list of global revenue earners in the Middle East/North Africa region according to the latest report issued by Ernst & Young. Hotels in Manama reported a 52.1 percent increase in revenue per available room (RevPAR) for the first five months of 2012 as reported by Ernst & Young's Middle East Hotel Benchmark Survey for May 2012. Manama hotels also saw sustained increased in occupancy rates at 14 percent growth. This growth signals sustained growth during the peak vacation season in the Middle East. According to GulfNews.com, partner and head of MENA transaction real estate at Ernst & Young, Yous...

12Jul

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African News, Ghana News

Hon. Yaw Effah-Baafi to address Palm Oil Africa in September on Investment Opportunities in Palm Oil & Rubber Plantations in Ghana

With the changes in the global palm oil industry and growing demand, it is becoming increasingly necessary to look beyond the output from Asia. Palm Oil Africa organized by CMT will open on 05-06 September in Accra to explore and discuss palm oil plantation and investment opportunities in Africa. Accra, Africa (PRWEB) July 10, 2012 Palm Oil Africa on 05-06 September in Accra will see key ministry officials speaking on the investment opportunities in palm oil plantations in Africa. Hon. Yaw Effah-Baafi, Deputy Minister, Ministry of Food & Agriculture, Ghana, will grace the event with a keynote address on Investment Opportunities in Palm Oil & Rubber Plantations in Ghana. This is followed by another ministerial speech from Hon. Dr. Florence Chenoweth, Minister, Ministry of Agricultur...