• absa

    South Africa’s ABSA Bank, China Development Bank sign US$100m deal to help SMEs

    ABSA, one of South Africa’s largest banks, has this week signed a deal worth US$100 million with China Development Bank (CDB), a Special Facility Agreement meant to provide funding to Small and Medium Enterprises (SMEs) operating on the continent. Johannesburg-based ABSA is a subsidiary of the Barclays Africa Group Limited (BAGL). Barclays Africa is present […]

kenya

Kenya security forces harass, detain journalists reporting on election violence

A New York-based media watchdog has accused security forces in Kenya of harassing and detaining journalists reporting on post-election violence in the country. More than 20 people have been shot dead allegedly by security forces in this East African nation after incumbent president Uhuru Kenyatta was declared the winner of the presidential election ahead of […]

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Ghana hotel

Overview of Ghana, Ethiopia’s hospitality sector

These are some of the highlights from PwC’s 7th edition of the ‘Hotels Outlook: 2017-2021’ report. PwC’s report features information about hotel accommodation in South Africa, Nigeria, Mauritius, Kenya and Tanzania. This article looks into Ghana and Ethiopia as emerging hotel markets. Ghana The hotel sector in Ghana has remained resilient despite recent global economic […]

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PwC image

Wanted: foreign investment in Africa’s hospitality sector

There are countless opportunities in Africa’s hospitality sector in emerging markets, and the industry is set to post faster growth in revenue than their counterparts in developed countries. This makes them integral to the expansion strategies of some of the world’s leading hotel developers. So, there is an urgent need for foreign investment in this sector. […]

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6-Secrets-of-Super-Productive-Female-Entrepreneurs

Improve gender diversity to survive in uncertain times

Gender diversity is vital for business success in an environment of increasing uncertainty, a South Africa-based expert said this week. Kgomotso Ramoenyane, executive GM for Human Resources at Business Partners Limited said small and medium enterprises (SMEs) could benefit significantly from improving gender diversity in their companies because of the complementary skills, different perspectives and […]

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angola

Angola’s 2017 election campaigns kick off

Deutsche Welle) Campaigns for the August presidential election in Angola have begun. The poll will mark the end of the 38-year rule of President Jose Eduardo dos Santos who is not running for reelection. Dos Santos, who is believed to be seriously ill, is Africa’s second longest serving head of state after Equatorial Guinea’s longtime […]

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ghana

Ghana’s schools lacking toilets: UNICEF

Deutsche Welle) Only two out of five schools in Ghana (West Africa) have toilets or pit latrines and running water, the United Nations Children’s Fund (UNICEF) and Ghana Statistical services say this week. As a result children often miss classes because they have to alternate to use the toilet. Ghana ranks lowest in sanitation levels […]

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Business-Owner

Is investing in your business a form of saving?

Entrepreneurs should view investing in a business as a form of saving, a South Africa-based expert said this week. “As entrepreneurs we constantly battle with the dilemma of trying to save money versus investing it back into our businesses,” Charles Meyerowitz, co-founder and CEO of specialty asset backed financier Lamna, said. “It’s important that SMEs […]

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south sudan

South Sudan blocks access to independent websites

(Deutsche Welle) Internet and mobile phone users in South Sudan are not able to access the websites of at least four independent media outlets. The government has grown increasingly hostile to the media since civil war began in 2013. The government is said to have blocked access to the websites of Dutch-backed Radio Tamazuj, as […]

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