was Archives - Page 10 of 11 - AfricaBusiness.com

10Jul

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Students need vocational education

By Thandisizwe Mgudlwa Vocational education and training is clearly the answer for most students who can't enter the university system. That is why experts have in the past urged students to consider private colleges and Further Education and Training (FET) institutions as a viable option for gaining a tertiary education. Among them are quality institutions offering courses that address the economic needs of our country. Many colleges have a higher ratio of graduates placed directly into related employment. Sharene Menteath, Head of Academics at CTI Education Group comments: "CTI Information Systems graduates are employed at the same level as university graduates, but require only one year of study and are likely to have earned an additional R100 000 before their universi...

9Jul

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Energy, Green Energy

SunEdison Closes 98 MW of Solar Projects in Europe

SunEdison demonstrates its ability to deploy high value solar assets in Europe and to structure complex transactions attracting world class financing partners BELMONT, Calif., July 9, 2012 /PRNewswire/ -- SunEdison, a leading worldwide solar energy services provider and a subsidiary of MEMC Electronic Materials (NYSE: WFR), today provided additional details on the solar project closings announced last week. The company closed three transactions involving approximately 98 megawatts (MWp) of photovoltaic (PV) power plants in Europe during the second quarter. The transactions include the sale of a 60MWp power plant in Bulgaria to a consortium of investors consisting of an affiliate of First Reserve Energy Infrastructure Fund, Crescent Capital and ACWA Power; a 13 MWp portfolio of projects in...

9Jul

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African News

Market Rally Running Out of Steam?

LONDON, July 9, 2012 /PRNewswire/ -- June proved to be a bullish month for stock markets, with investors buying back into the market after three previous months of declines as Central Banks looked to stimulate a slowing global economy. In June, the FTSE 100 gained 251 points or 4.7%. However, having hit resistance at the 5700 level at the end of last week, will the FTSE's charge start to run out of steam? By close of play in the UK on Friday (July 6), all the major indices were firmly in the red, with the Dow Jones leading the way as it fell by over 150 points (over 1%) by 4.40pm (BST). Major indices in the UK and Europe recorded falls too, with the FTSE 100 shedding 30 points and Germany's DAX 30 sliding by over 125 points to close the week at 5662.6 and 6410.1 respectively. L...

9Jul

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African News

Yet Another Recognition: Dr. Naseer Homoud Among Top 100 in Construction Sector of the Arab World

Recognizing immense standing in the construction and real estate sector, Dr. Naseer Homoud, a renowned philanthropist and business leader, has been placed at 84th position of 100 Most Powerful in Gulf Construction as unveiled by Construction Week’s annual Power 100 listing. Doha, Qatar, July 09, 2012 --(PR.com)-- Being part of the List, Dr Naseer Homoud rubs shoulders with giants of the construction and real estate industry including Bakr Bin Ladin, chairman of the Saudi Bin Ladin Group (SBG), Said T. Khoury, chairman and president of Consolidated Contractors Company (CCC), and the Arabtec chairman Riad Kamal. Dr. Homoud was recently ranked at 53rd position among the 500 most powerful Arabs from the globe. The list, better known as the Arabian Business Power List features Arabs living in 3...

7Jul

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African News, Science, South Africa News

The forgotten mobile device!

While companies everywhere grapple with the seemingly impossible task of securing their growing herds of smartphones and tablets, many are forgetting the stalwart of day-to-day productivity: the laptop. Often assumed not to be a data security risk, a lost or stolen laptop often offers its new owner unprecedented access to confidential company files, databases - and critical customer data. Nclose directors Stephen Osler and Martin Potgieter are increasingly concerned by the general levels of misinformation that exist about laptop security in the corporate environment. They say that despite myriad other security measures that are active on company networks, managers often let themselves down by ignoring staff members' mobile computers. “Simply setting a password to limit access t...

7Jul

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Science, South Africa News

Relief for Back Pain Sufferers in Cape Town

Pretoria, South Africa, July 07, 2012 --(PR.com)-- Chronic back pain sufferers in the Cape Town area will at last find relief at the practice of Dr Lienka Botha and Partners. Millennium Business Park, Century City is the location of the new centre that offers a proven, exercise-based approach to treat this debilitating condition. The centre is conveniently and centrally located, offering ease of access from all surrounding areas. The practice of Dr Lienka Botha and Partners forms part of a network of medical centres that applies the Documentation Based Care (DBC) Active Treatment System. The DBC Active Treatment System originates from Finland and has been researched and developed over the past twenty years. Dr Lienka Botha and Partners is the first practice in the Western Cape tha...

7Jul

By Amat JENGNo Comments

Africa Travel, African News, Gambia News

GAMBIA: TOURISM SECTOR SHINES DESPITE BOTTLENECKS IN GLOBAL ECONOMY, SAHEL REGION

by Amat JENG http://www.mediarevolution-amat.blogspot.com The Minister of Tourism and Culture of The Gambia has appreciated the trend of the tourism sector saying it is undergoing “tremendous transformation”, despite the turbulence in the global economy, exacerbated by political turmoil in some parts of the Middle East, North Africa and in the Sahel. Minister Fatou Mas Jobe-Njie was speaking during the recent Ecowas Tourism Ministers’ Summit hosted by The Gambia at the Kairaba Beach Hotel in Kololi, where she said “this tremendous transformation” came as a result of the dynamic changes at the global level, which has necessitated the adoption of certain reforms at both global and national levels to meet the challenges and stay competitive. The global economic meltdown coupled...

7Jul

By Amat JENGNo Comments

African News

ACCESS BANK HOLDS AGM WITH TOTAL ASSETS, CONTINGENTS GROW AT D991 MILLION

by Amat JENG Access Bank (Gambia) Ltd on Wednesday held its fifth Annual General Meeting (AGM) at the bank’s head office along Kairaba Avenue. Started with a required quorum, the meeting witnessed the Chairman board of directors of the bank, Bai Mattar Drammeh, declared total assets and contingents to have grown by 7.7% from dalasi 920 million in 2010 to dalasi 991 million as at end December 2011. “The bank implemented turnaround strategies that resulted to operational profit (before credit loss) of GMD3 million compared to a loss of GMD16 million in [the] year 2010. However, the high level of non-performing loan was a challenge and resulted to further provision,” he said. Mr Drammeh pointed to the global economy slow recovery and said fears of recession “remained prevalent with a rash of ...

5Jul

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Energy, Green Energy

Unique Program Which Brings Solar to Remote Africa Receives Recognition from Soluxe Solar

Solar Provider honors African "Pay as You Go" solar program with Solar Flare award DARIEN, Conn., July 5, 2012 /PRNewswire/ -- While remote villages in Africa may not be the most expected place to find solar, IndiGo is shining light on unheard of locations through a "Pay As You Go" solar program which allows rural villagers to generate their own power via a photovoltaic panel and battery pack. They can then purchase the produced energy for as little as $1 a week. This unique program has caught the eye of Soluxe Solar, a Connecticut-based solar company. The IndiGo program receives this week's Soluxe "Solar Flare" – a weekly honor the company bestows on an individual or company making great strides in the world of solar advancement. "Each day we are seeing solar develop and crea...

4Jul

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African News, Ghana News, Kenya News, South Africa News, Zimbabwe News

Africa provides vast potential for micro-insurance

Micro-insurance coverage has expanded dramatically globally from the 78 million low-income people identified in 2007 to the current estimates suggesting the sector is approaching 500 million lives covered today. This growth has been largely driven by both the active involvement of governments to better help citizens protect themselves against risks and the availability of payment systems, which has made it easier to collect premiums from low-income households and enabled a host of new players to get involved in micro-insurance. However, despite global growth in micro-insurance and its increasing prominence on the international agenda, micro-insurance on the African continent continues to lag behind, with only 25 million low-income people covered. Africa nevertheless provides vast potenti...