African Business News

Making a stand‘ard Bank’ for a greener future

TABJ – Nov 25 - Sim Tshabalala, chief executive of Standard Bank SA, has said that the future risk of carbon emissions and the consequence of climate change must be addressed for the sake of Africa’s economic growth and development. Ahead of the COP17 proceedings ...
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A united South African front

TABJ – Nov 24 - President Jacob Zuma said, at the Wesgro investors’ conference in Cape Town, that business, labour and the government must continue working together to uphold South Africa in the global financial crisis.Large-scale construction projects carried out for the World Cup provided ...
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Battle for British banks to bolster black business

TABJ – Nov 24 - Nick Clegg, deputy Prime Minister of the UK, has raised concerns over British banks reluctance to lend to black and ethnic-minority businesses, and an inquiry will be held to discuss evidence suggesting they are being discriminated against. According to extracts ...
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The world is not enough

TABJ – Nov 24 - Namibian government is to implement measures making it easier for businesses to open-up and operate locally in an attempt to revamp the country’s industrial sector.A document was released at a stakeholder’s workshop in Windhoek, stating that Namibia should expect tough ...
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Tunisia ‘Hamman’ a new tune

TABJ – Nov 21 - Hamman Marketing Associates (HMA)—an international marketing communications company—has announced a new partnership and office in Tunis, Tunisia, to develop and sustain business in the Middle East North Africa region.It will be managed by Rym Bedoui Ayari—an HMA-MENA partner—who has a ...
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A glassy operation

TABJ – Nov 21 - Nampak—the JSE-listed packaging company—has announced it will buy out its German partner of its local glass business, and invest up to R4billion over the next five to six years, in order to build glass furnaces in South Africa and other ...
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The waterboy: GSEA winner’s initiative

TABJ – Nov 21 - Ludwick Marishane, a young entrepreneur from South Africa, has won the Global Student Entrepreneur Award (GSEA) for his innovative solution to saving gallons of bathing water per day.His product, named DryBath, is a simple anti-bacterial cleanser which allows its user ...
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In for a shilling, in for a dollar

TABJ – Nov 18 - Kenya’s shilling, the world’s best performer against the dollar this month, strengthened 0.5 per cent to 91.98 in Nairobi and is set for its fourth weekly gain. “The shilling has gained against the dollar on low demand, as businesses settle ...
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The spy who didn’t love me

TABJ – Nov 18 - Spying charges against Zimbabwean engineer worker, Oliver Chiku, have been dropped. Chiku was charged with setting up communications equipment to sell Zimbabwe’s secrets to enemies of the country; a job he was hired to do by Juch-Tech Inc. based in ...
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Nigerians fly into rage at BA

TABJ – Nov 17 - Nigeria is in discussion with the UK regarding a dispute which is threatening to damage British Airway’s business in Africa’s most densely inhabited nation. As talks continue, Joe Obi—aviation ministry spokesman—said that the airline may continue to run its Lagos ...
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