World Business News

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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Malema’s misdemeanour

TABJ – Nov 10 - Julius Malema—youth leader of South Africa’s ruling African National Congress (ANC)—may be suspended for indiscipline after calling for the ouster of neighbouring Botswana’s government and describing it as a “puppet of the West”. The suspension could be fatal for the ...
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Zuma defends African economy

TABJ – Nov 3 - At the recent G20 Summit in Cannes, President Jacob Zuma stated that lesser-developed countries were “innocent bystanders” of the global financial crisis and are, at present, the most vulnerable because of it. “Populations in emerging economies and least-developed countries will ...
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Mind the gap

TABJ – Nov 2 - Professor Barney Jordaan—director of the Africa Centre for Dispute Settlement, at the University of Stellenbosch Business School (USB)—has highlighted that the wage disparity between top executives and entry level employees is considerably higher than other developing and even first-world countries. ...
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Coca-Cola pops cap on Ai award

TABJ – Oct 31 - The recent Africa investor (Ai) Investment and Business Leader Awards 2011 held in Washington DC saw the ‘Employer and Human Capital Investor of the Year’ award go to the Coca-Cola Company. The award promotes business excellence, economic achievements and investments ...
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Wall St. turns to Nigeria

TABJ – Oct 26 – For as long as the internet has existed Nigeria has been notorious for tiresome e-mail spamming, aiming for Western bank accounts. Now the country is attracting attention for legitimate financial opportunities; investing its own savings.In an effort to increase its ...
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East African economic encouragement

TABJ – Oct 25 - According to the recent Regus Business Confidence Index East Africa report, East African businesses have shown a significant increase in their revenue and profit, despite the global economic downturn.The report showed that East African countries believe the downturn is behind ...
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South Africa must prepare for China uprising

TABJ – Oct 20 - At the China Africa Business Forum in Midrand, Managing Director of Beijing Axis group—Kobus van der Wath—stated that the rapid growth of major emerging economies, China in particular, will have consequences for South African business. “We have to think differently ...
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‘G-South Africa’ in Google Gala

TABJ – Oct 18 - Google has chosen South Africa as the location for its second major web conference which aims to encourage innovation, business growth and the internet economy through specific training on web and mobile tools.The event—“G-South Africa—has invited more than 800 entrepreneurs, ...
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Minesweeper: Zimbabwe back at top of scoreboard

TABJ – Oct 18 - Zimbabwe is back on the mine map, with the Freda Rebecca mine—run by Mwana Africa—being announced as the facility with the highest quarterly gold output since its operations resumed in 2009. Gold production in Mwana’s second quarter soared 66 per ...
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