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NBC Salary Hike Not Guaranteed
[Namibian] THE final decision for the, about 500, NBC employees to be granted a salary hike now lies in the hands of the Government.
AllAfrica | 18-May-2012 09:51

Namibia: Poor Budgeting Crippled Company
[Namibian] THE financial mess that TransNamib finds itself in cannot only be attributed to poor control and ignorance of policy guidelines, but started with a number of weaknesses identified during the annual preparation of its budget.
AllAfrica | 18-May-2012 09:51

NBC in Red By N$42,6 Million
[Namibian] THE Namibian Broadcasting Corporation (NBC) - known for its financial troubles - made a cash loss amounting to N$42,6 million during the financial year ending March 31 2012.
AllAfrica | 18-May-2012 09:43

Super Fast Internet Technology Launched
[Namibian] MTC on Wednesday become the second operator in Africa to launch Fourth Generation (4G) LTE technology, promising much faster internet.
AllAfrica | 18-May-2012 09:36

NBL Workers Still Claim Pension Payouts
[Namibian] FORMER workers of the Namibia Breweries Limited (NBL) are again demonstrating in front of the Carl List Mall on Independence Avenue to renew their claims for a pension payout from the company which they say is still outstanding since 1989.
AllAfrica | 18-May-2012 09:36

MTC Launches 4G Cellular Telephony
[Namibian] MOBILE giant MTC this week rolled out the 4G LTE cellular telephony in Windhoek, a broadband network that is said to be "10 times faster" then the previous connection.
AllAfrica | 18-May-2012 09:35

South Africa: Isizulu Papers, City Press Are the Audit Bureau of Circulations Circ Winners
[Biz-Community] We're getting used to seeing newspaper circulation figures taking a beating these days but the fact that a few can buck the trend also tells us that all is not lost.
AllAfrica | 18-May-2012 08:58

Africa: Samsung Renewed Its Partnership With CAF for Three More Years
[CAF] Samsung Electronics Co., Ltd.,a global leader in the consumer electronics industry, announced the renewal of its sponsorship agreement with the Confederation of African Football (CAF), in a signing ceremony held at CAF's premises in 6th of October City, Egypt.
AllAfrica | 18-May-2012 07:28

Kenya: Top Level Changes At Multichoice
[Capital FM] Nairobi, Kenya - Stephen Isaboke who has been the MultiChoice Kenya General Manager for the last four years has been promoted to position of Regional Director, East Africa.
AllAfrica | 18-May-2012 05:46

Virgin Atlantic Out of Nairobi-London Route
[The Star] UK airline Virgin Atlantic has pulled out of its loss-making Nairobi-London route citing escalating costs. The airline has been running daily flights on the route but said it was withdrawing because of poor numbers. Virgin has faced cut-throat competition on the route from Kenya Airways and British Airways.
AllAfrica | 17-May-2012 19:16

South Africa: New Mobile Price 'War' Erupts
[Biz-Community] A brutal price war has broken out between two of the mobile operators in SA, with the result that they have slashed the cost of calls between networks by at least 34%.
AllAfrica | 17-May-2012 17:46

South Africa: The Nitty-Gritty of Payroll Software Solutions
[Biz-Community] Payroll software is a mission critical function to any business, says Sandra Swanepoel, a director of Softline VIP, part of the Sage Group plc. "There is a definitive necessity for any business to ensure that all changes, upgrades or installations of a new or existing payroll system are done in conjunction with a service provider that can deliver," says Swanepoel.
AllAfrica | 17-May-2012 15:17

Ghana: Vodafone Launches Music Portal for Subscriber
[Ghanaian Chronicle] Vodafone Ghana has recently added value to the Ghanaian music industry by creating a music portal which allows subscribers of their network to purchase and download any kind of music on their network nation wide.
AllAfrica | 17-May-2012 14:16

Air Namibia Lands in Harare
[The Herald] AIR Namibia made its maiden direct flight from Windhoek to Harare yesterday when its Embraer ERJ-135 landed at Harare International Airport at 1125 hours. The airline, which also offers direct flights daily between Windhoek and Victoria Falls, becomes the 12th airline to introduce flights to Harare.
AllAfrica | 17-May-2012 13:42

Zimbabwe: Get Newzim Steel Deal Going As a Matter of Urgency
[The Herald] Zimbabwe is a country with a huge appetite for investment as with many other countries on the continent and elsewhere. Foreign direct investment helps create wealth, generate jobs and grow a country's economy, complementing domestic investment in the process. Therefore, attracting a single US$4 billion investment is a major feat with potential to transform this country's economic landscape.
AllAfrica | 17-May-2012 13:09

Zimbabwe: AfDB Urged to Use MTP
[The Herald] THE Afrocan Development Bank has been urged to use the Medium Term Plan as a tool to help the country address its critical problem. This was one of the key recommendations proposed at a consultative meeting on the African Development
AllAfrica | 17-May-2012 13:04

Zimbabwe: Gramma to Introduce MP3s
[The Herald] One of the biggest recording companies in Zimbabwe, Gramma Records, is considering selling music on MP3s and memory cards in a bid to curb piracy. The decision to use memory sticks, comes hard on the heels of the introduction of "Budget CDs and DVDs" by Gramma and Last Power recording companies, that are being sold at a US$1 -- the same price as the pirated copies on the streets.
AllAfrica | 17-May-2012 13:03

Nigeria: CCNN Gets New Executive Director
[Daily Trust] Sokoto - The Board of Directors of Cement Company of Northern Nigeria Plc has approved the appointment of Engr. Yusuf Haliru Binji as the executive director (Technical).
AllAfrica | 17-May-2012 13:03

Nigeria: Zoom Mobile in Talks With Investors
[Daily Trust] Lagos - Reliance telecommunications limited, operator of Zoommobile, said it has reached advanced discussions with a number of prospective investors both local and international to fund operations of the telecommunication company.
AllAfrica | 17-May-2012 12:58

Sierra Leone: U.S. Ambassador Lauds Africell
[Concord] The United States Ambassador to Sierra Leone has commended the award-winning Communications Company for 2011, Africell, for their support in marking this year's World Earth Day in collaboration with Conservation Society Sierra Leone, CSSL.
AllAfrica | 17-May-2012 12:09

SALWACO SuppliesFive Million Gallons of Water to Makeni
[Concord] The Sierra Leone Water Company (SALWACO) is currently providing a total of five million gallons of water to residents of the Makeni township for both domestic and other uses, said the company's acting general manager in an exclusive interview to Concord Times.
AllAfrica | 17-May-2012 12:09

South Africa: Barrel Tasting At Mont Rochelle Hotel
[Biz-Community] Mont Rochelle's winemaker Darran Stone will host a barrel tasting at the Mont Rochelle Hotel & Mountain Vineyards in Franschhoek from 6-8pm on Friday 15 June 2012. It forms part of the hotel's quarterly series of Tasting 101 events.
AllAfrica | 17-May-2012 12:05

West Africa: Aliko Dangote Targets 33 Million Tonnes of Cement By 2015
[Vanguard] Abidjan - Aliko Dangote, Nigeria's business mogul, on Tuesday in Abidjan said he was targeting the production of 33 million tonnes of cement by 2015, with a large share going to West African countries.
AllAfrica | 17-May-2012 09:36

Nigeria: May and Baker Declares N33.4 Million Loss in First Quarter
[Daily Trust] Lagos - May and Baker Nigeria Plc has recorded a loss of N33.4 million or 3.5 per cent in its turnover at the end of first quarter of the year.
AllAfrica | 17-May-2012 08:21

Kenya: CIC Gets Nod to List On Bourse
[Capital FM] Nairobi, Kenya - The CIC Insurance Group has been cleared by the Capital Markets Authority (CMA) to list by introduction on the Nairobi Securities Exchange (NSE).
AllAfrica | 17-May-2012 05:47

South Africa: CNBC Africa Celebrates Five Years of Broadcasting
[Biz-Community] CNBC Africa, the pan-African financial and business channel, will celebrate five years of continental business broadcasting across Africa on 1 June 2012.
AllAfrica | 16-May-2012 17:15

Nigeria: Skye Bank Promises Enhanced Returns to Shareholders
[This Day] Managing Director/Chief Executive Officer of Skye Bank Plc, Mr. Kehinde Durosinmi-Etti, has stated that he and other members of the management team will continue to ensure adequate returns to shareholders in the years ahead.
AllAfrica | 16-May-2012 17:15

Mozambique: ENI Announces New Gas Discovery
[AIM] London - The Italian energy company, ENI, on Wednesday announced a further discovery of natural gas in the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado.
AllAfrica | 16-May-2012 17:11

Ghana: Venture Capital Trust Fund Secures Funding From Rockefeller
[Accra Mail] The Venture Capital Trust Fund has secured a one million dollar grant from Rockefeller Foundation to promote Impact Investments in Ghana. The concept is aimed at promoting investments in areas that enhances social development and reduce poverty.
AllAfrica | 16-May-2012 16:41

Ghana: HFC Bank Presents House to Final Winner of Homesave Promo
[Accra Mail] HFC Bank (Gh) Ltd has handed over a two-bedroom detached house to Ms. Adelaide Larissa Boye, for emerging the grand prize winner of the 2010 HFC Bank Homesave promotion. Ms. Boye, a loyal customer and the Corporate Administration Manager of the African Mining Services, was the third and final winner of three draws in the promotion held last year.
AllAfrica | 16-May-2012 16:25

Ghana: Future of UT Bank Bright
[Accra Mail] Mr. Prince Amoabeng, Chief Executive Officer of UT Bank has assured the Bank's customers and shareholders that the Bank is on course to achieving its vision of redefining banking. He said it takes much more strength and dedication but he promised the Board and staff that the Bank will deliver to meet their expectations.
AllAfrica | 16-May-2012 15:59

Lonestar Cell MTN Praised for Expansion of Services
[Heritage] The LoneStar Cell MTN has been praised by its many subscribers for the expansion of its services and the provision of quality services in mobile technology. According to them, the company has provided the best service mobile communications. The subscribers' comments were in reaction to a statement by the Chairman of the House Committee on Post and Telecommunications Representative Numene Bartekwa.
AllAfrica | 16-May-2012 14:37

Nigeria: Skye Bank Oil Loans Exposure Hits U.S.$1 Billion
[Daily Trust] Lagos - The Managing Director of Skye Bank Plc Duro Simi-Etti said yesterday that the bank's loans exposure to the oil and gas sector rose to $1 billion (about N159 billion) within the last 24 months.
AllAfrica | 16-May-2012 12:27

Nigeria: Oil Spills - Shell Pays U.S.$1.1 Million to Communities
[Daily Trust] Lagos - Shell Petroleum Development Company (SPDC) says it paid over $1.1 million last year to communities affected by oil spills in the country.
AllAfrica | 16-May-2012 12:27

Gambia: Gampost, DHL Sign MOU
[Daily Observer] The Gambia Postal Services (Gampost) and DHL, Thursday signed a Memorandum of Understanding (MoU) to link up the two for easy access to mails and delivery system to worldwide network of DHL and the postal service worldwide. The ceremony took place at Gampost head office in Banjul.
AllAfrica | 16-May-2012 11:53

Zambia: Mansa Batteries Revamp On Cards
[Times of Zambia] THE Government has indicated that it will soon revive the defunct Mansa Batteries Company in Luapula Province to enhance economic development in the region and create more employment opportunities for the locals.
AllAfrica | 16-May-2012 11:34

Zambia: Ndola Lime to Venture Into Cement Production
[Times of Zambia] NDOLA Lime Company (NLC) has commenced discussions with potential partners for a joint venture project in the proposed establishment of a cement plant on the Copperbelt to mitigate high prices of the product in the country.
AllAfrica | 16-May-2012 11:34

South Africa: Tractor Outdoor Awarded Silver Obie At International Outdoor Advertsing Design Awards in Miami
[Biz-Community] Cape Town-based Tractor Outdoor has been awarded a Silver Obie Award for their "Emirates Vertical Garden" campaign in Kloof Street, Cape Town. This was announced at the 70th Annual Outdoor Advertising Association of America's awards ceremony on Wednesday night at the Fontainebleau Hotel in Miami.
AllAfrica | 16-May-2012 11:12

South Africa: Buhle Waste Expands Hino Truck Fleet
[Biz-Community] Buhle Waste, a South African company in the field of medical waste management, has increased the number of Hino trucks in its fleet to 62 with the purchase of a further six 500-Series 1626 models from Hino East Rand.
AllAfrica | 16-May-2012 11:12

South Africa: The Truth to Open Cape Town Headquarters
[Biz-Community] "Coffee evangelist" David Donde will soon be launching the Truth Headquarters on 36 Buitenkant Street, Cape Town. The renovated industrial space is home to a unique steampunk-esque vintage 50Kg Probat bag roaster which has been upgraded with modern electronics.
AllAfrica | 16-May-2012 11:12

South Africa: Adopting Cloud in Your Back-Up Strategy
[Biz-Community] Today's business environment is truly global - and that means it's highly competitive and getting more so as the emerging economies flex their muscles. Cost pressures are unremitting and the demand for uninterrupted services and higher levels of personalised service than ever before has become the norm.
AllAfrica | 16-May-2012 11:12

South Africa: Kodak Announces Partnership With Major European
[Biz-Community] Kodak, the worldwide leader in retail print solutions with 105,000 Kodak Picture Kiosks, and DM-Drogerie Markt, Germany's second largest drug store chain, have decided to continue their successful relationship. By end of 2012, DM will be the first European retailer to offer Kodak Photo Books and Kodak Personal Greeting cards nationwide, giving consumers the convenience and ease to create personal, high-quality photo products in minutes. So far, DM has 4,000 Kodak Picture Kiosks in its 1,200 stores nationwi
AllAfrica | 16-May-2012 11:12

South Africa: Virgin Active Joins Forces With Ryk Neethling and Chad Le Clos to Develop Virgin Active Swim
[Biz-Community] Virgin Active launched its latest training innovation - SWIM. Developed by Olympic Gold medalist Ryk Neethling and endorsed by Commonwealth Games and world champion Chad le Clos, SWIM is a coaching programme designed for just about every one - young, old, fit or unfit.
AllAfrica | 16-May-2012 11:12

South Africa: Flexenclosure Restructures Top Management
[Biz-Community] Flexenclosure, a specialist provider of intelligent green power management solutions for base stations, has strengthened its management team with several new recruitments and appointments.
AllAfrica | 16-May-2012 11:09

South Africa: Last Call for Loerie Entries Fuels Excitement At Adreach
[Biz-Community] Loerie fever is in the air. With just a few weeks left until the 31 May entry deadline, ADreach is fully behind this year's entrants.
AllAfrica | 16-May-2012 09:56

South Africa: Yellow Pages Sends Two Athletic Fanatics to London
[Biz-Community] In a press conference held earlier this month, Trudon, the publishers of the Yellow Pages, unveiled the winners for the all-expenses-paid trip to London.
AllAfrica | 16-May-2012 09:56