200 Air Zimbabwe workers to lose jobs in fourth lay-off in 8 years


Loss-making Air Zimbabwe is cutting half of its 400 jobs as part of a restructuring plan meant to revive the ailing national carrier, Chairwoman Chipo Dyanda said on Wednesday. Like most state-owned companies in the southern African country, Air Zimbabwe...

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Reshaping the Future of Real Estate for African Cities


While Africa’s cities are growing rapidly in population, they are developing informally as current urban planning has proven to be ineffective, and private development is often deterred by opaque or inappropriate regulations JOHANNESBURG, South...

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South Africa payment demand ‘irrational and unreasonable,’ says Barclays


Barclays Africa Group Limited, the South African bank formerly known as Absa, will go to the country’s high court to challenge a decision that it should pay the government 1.125 billion rand ($86 million) over the apartheid-era acquisition of...

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Passenger demand drives increase in flydubai’s frequency to Tanzania


DUBAI, United Arab Emirates, June 15, 2017/ -- •           Kilimanjaro becomes 3rd point in Tanzania and the 12th point on the flydubai African...

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Regional Government heads, int’l industry leaders to gather for West African agribusiness trade


It comes at a time when the Ghanaian fertilizer and agribusiness sector is undergoing an incredible boost from the country’s new leadership   The West Africa Fertilizer Agribusiness conference (www.WestAfricaFertilizer.com) is being organised...

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Ethiopia overtakes Kenya as economic giant of East Africa


According to International Monetary Fund (IMF) figures, Ethiopia’s annual economic output (i.e. Gross Domestic Product (GDP)) for this year was expected to hit $78 billion from $72 billion recorded last year. Their economic growth since 2015 has...

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South Africa to sign more transparent nuclear power agreements with five foreign countries


South Africa signed intergovernmental agreements with Russia, France, China, South Korea and the United States in 2014 as part of plans to build a fleet of nuclear power plants at a cost of between $30 billion and $70 billion. Many investors view the...

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Giant diamond auction fails as Sierra Leone rejects offer


The 706-carat gem is the second largest ever discovered in the West African country and was unearthed in March in the eastern Kono region by a Christian pastor who gave it to the government to handle the sale. The chief auctioneer and head of the...

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The CIO’s new job: no glitch business


By Keith Fenner, Vice President: Sage Enterprise Africa and Middle East IDC CIO Summit, May 8, 2017/ -- The previous wave of digital disruption, triggered by mobile technology, caught most CIOs and organisations off guard. 10 years ago, hardly anyone...

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Ground-breaking expansion as ALN welcomes three new Francophone members


NAIROBI, Kenya, May 4, 2017/ -- ALN has announced the admission of three new members as part of their strategy to expand into francophone Africa. The new members are based in Algeria, Guinea and Morocco and joined as of 1 May 2017. Since October last...

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