Archive | December, 2017

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DR Congo radio journalist detained after criticising poor state of roads

The Committee to Protect Journalists (CPJ) has this week urged authorities in the Democratic Republic of Congo (DRC) to immediately release radio journalist Benjamin Mutiya, a reporter for Radio Télévision Communautaire de Walikale (RTCWA), based in the war-torn North Kivu Province. Mutiya was arrested on December 14 by agents of the ANR (the national intelligence […]

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Financial tips for surviving holiday season

The holiday season has just kicked off, starting with a bang and bringing with it a heavy financial burden for many consumers. “In spite of the holidays being a period for people to recharge and reflect ahead of the New Year, it is always characterised by excessive spending,” Eunice Sibiya, South Africa’s First National Bank […]

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Isabel dos Santos ‘steals’ US$135 million from Sonangol

Isabel dos Santos, Africa’s richest woman, has ‘illegally’ transferred more than US$135 million belonging to state oil company Sonangol to her four private companies using the Portuguese bank Banco BIC, Maka Angola reported early this week. Dos Santos, the eldest daughter of former President Jose Eduardo dos Santos, was Sonangol board chairperson for 18 months […]

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South Africa: economic uncertainty remains despite Cyril Ramaphosa’s ANC election

While Cyril Ramaphosa’s election at the helm of the African National Congress (ANC) is potentially an important turning point for South Africa, a considerable uncertainty remains, an expert said early this week. Firstly, because Cyril Ramaphosa will not be the country’s president until Jacob Zuma steps down or until the next general election in 2019, […]

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‘Dishonest’, ‘fraudulent’ Isabel dos Santos’ in trouble over Unitel missing funds, unpaid dividends

Africa’s richest woman, Isabel dos Santos, has committed fraudulent and dishonest acts in the management of Angola’s cellphone provider Unitel, according to a landmark decision made recently by a British judge. Billionaire dos Santos, whose fortune is valued at US$3.5 billion, is a major shareholder at Unitel, which she controls through Vidatel. Maka Angola, a […]

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Internet economy to push productivity to U$318 billion by 2025

The internet economy is expected to deliver productivity gains across key sectors such as financial services, education, health, retail, agriculture and government to the value of between US$148 billion and U$318 billion by 2025, the McKinsey Global Institute has predicted, as a new report highlights the internet’s critical role in changing Africa’s socio-economic fortunes. In […]

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How to protect your small business against cyber-crime

Entrepreneurs need to be educated on how to protect their business from cyber-crime, but this means very little if their staff are not equally as careful, Jeremy Lang, Business Partner Limited regional general manager, said. “Every cyber-attack begins with a weakness in human behaviour within an organisation,” he added. South Africa-based Lang urged SMEs owners […]

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