African Business News

Launch of the Global Meeting Alliance

TABJ – Jan 31 - Tata Communications Ltd. has joined forces with nine global telecom leaders to launch Global Meeting Alliance, which will allow these worldwide leaders to connect with their respective business video communities. Safaricom in Africa, Telstra in Australia, Etisalat, Qtel and Mobily in ...
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An African incentive

TABJ – Jan 31 - Zambian Ambassador to the U.S., Sheila Siwela, implored students in Texas to look to Africa as a prospective employer.“This is the continent people are calling the next frontier,” she said during a speech at the Naveen Jindal School of Management ...
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Regus lands in Madagascar

TABJ – Jan 31 - Worldwide office space provider Regus has opened its first business centre in Madagascar. Regus now has a presence in 95 countries and the new branch will help many Madagascan businesses to grow and expand at a reasonable cost.The centre is located ...
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Sanlam to buy from JPMorgan

TABJ – Jan 30 - South Africa’s largest insurer, Sanlam Ltd., is in discussions with U.S. lender JPMorgan Chase & Co. to buy their fund administration unit to expand in its home market.Sanlam will form a joint venture with London-based Old Mutual Plc to buy ...
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South African school squabble

TABJ – Jan 30 - South African-based Hydraform International Property Ltd. is seeking court redress after its local partner, Hydrahomes () Ltd., attempted to take ownership of a school project donated to First Lady Janet Museveni. Hydraform has been supporting and funding new classroom blocks and ...
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A Cocoa-collaboration

TABJ – Jan 30 - The Hershey Company has announced plans to reinforce cocoa sustainability efforts in West Africa by accelerating farmer and family development.70 per of the world’s supply of cocoa is grown in this region and over the next five years, Hershey wants ...
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Governors outstay their welcome in Nigeria

TABJ – Jan 27 - Nigeria’s Supreme Court has announced that it has fired five governors on the board who overstayed their tenures. Governors of Bayelsa, Cross River, Kogi, Adamawa and Sokoto states should have left their offices in May last year, according to Justice Walter ...
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Tackling AIDS in new-borns

TABJ – Jan 27 - Business and social media leaders have joined forces to tackle the transmission of HIV from mothers to their babies with the intention of eliminating these HIV-infected births by 2015.Antiretroviral drugs prevent the virus spreading to unborn babies, and John Megrue—CEO ...
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Africa on the Twittersphere

TABJ – Jan 26 - The first ever map of Twitter users in Africa has shown social networks being forged from the tip of South Africa to Tunisia and Morocco.South Africa generated the most tweets with over 5 million recorded in the last three months ...
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Battle for the Congo

TABJ – Jan 26 - Vodacom Group Ltd. has announced plans to sell its 51 per cent stake in a mobile-phone business in the Democratic Republic of Congo to MTN Group Ltd. or Unitel SA.Congolese Wireless Network (CWN) SPRL holds 49 per cent in Vodacom ...
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