African Business News

Development banks agree partnership for climate action

TABJ – Dec 6 - Five Multilateral Development Banks, who are lending some $8.4 billion annually for climate action in cities, have agreed on a new partnership to combat global warming.With the overall aim to better coordinate and deepen support for cities in adapting to ...
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The Greenpeace gatecrash

TABJ – Dec 5 - A group of climate change activists from various NGO’s descended upon the Global Business Day conference in Durban to name and shame those industries that are smothering progress on the campaign to combat climate change. Six apparently peaceful Greenpeace protestors ...
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Visa panders to Rwanda

TABJ – Dec 5 - Visa Inc. is to create a new partnership with the Rwandan government in order to expand its business into the country. The collaboration between Rwanda’s central bank and a new office in Kigali will permit Visa to process transactions in ...
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President Zuma in green-energy boom

TABJ – Dec 5 - President Jacob Zuma announced at the World Economic Forum Green Partnership Dialogue in Durban that the world must look for reduced energy consumption methods for future goods production.According to Zuma, changes must be made to the economy in how business ...
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Nokia knock-out

TABJ – Dec 2 - Six managers in the Nairobi Nokia office are to be replaced as the regional hub moves to South Africa.Kenneth Oyolla—regional manager for Nokia’s East and Southern region—said that several heads of department are expected to lose their jobs which will ...
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UNEP points the finger

TABJ – Dec 2 - The United Nations Environmental Program (UNEP) has criticised developed countries for being “stuck on weaker, conditional pledges” in the UN climate change talks held in Durban, South Africa.This was said in a UNEP newsletter which also argued that the greenhouse ...
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Microsoft South Africa software sample

TABJ – Dec 1 - Global IT giant Microsoft has announced the trial of its newest business productivity platform, Microsoft Office 365, in South Africa. The free trial will allow South African businesses and users to try the program for six months before its official ...
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Bharti hit the mark

TABJ – Dec 1 - Bharti Airtel has said that its African subscribers have now reached the 50 million mark. The Indian mobile firm acquired business in 15 African countries last year in a $9 billion deal and is the world’s fifth biggest mobile operator.Manoj ...
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Regus’ Zambian venture

TABJ – Dec 1 - Regus, the world’s largest provider of flexible workplaces, has opened a business centre in its 93rd country, Zambia, in response to the rising business confidence in Sub-Saharan Africa. Regus already has offices in Uganda, Ivory Coast, Tanzania, Ghana and Senegal ...
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Tata for now

TABJ – Nov 30 - Anil Sardana, Managing Director of Tata Power Co., has announced company plans to build electricity generation plants in Indonesia and Africa in attempt to counteract the tough business environment in India.India’s electricity generation is being quashed by fuel shortages and ...
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