Archive | August, 2017

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Adventure travel’s global cyclists to ride through Africa next year

A group of adventure tourism’s international cyclists belonging to Canada-based TDA Global Cyclists will next year take a 7 000-mile journey to Africa that will see them ride through 10 countries, including Ethiopia’s Omo Valley, the Adventure Travel News reported this week. The adventure-obsessed cyclists will depart from Egypt’s legendary Pyramids of Giza and ride […]

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Facebook reaches milestone, introduces publisher logos next to articles

Facebook, the world’s most fantastic social network, has just reached a milestone by launching the introduction of publisher logos next to articles in Trending and Search surfaces. According to Andrew Anker, Facebook product manager,the new revolution is part of the company’s ongoing efforts to enhance people’s recognition of the sources of news distributed on the […]

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Want to switch your home loan? First consider this

“There are many reasons why consumers consider switching their home loans from one bank to another. These include, among others, getting better service and value, favourable interest rates, consolidating finances when getting married and long term cost saving. This is according to Stanley Mabulu, First National Bank (FNB) head of sales. However, before embarking on […]

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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 […]

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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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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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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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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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