Home » Archives by category » Business

Post-Mugabe Zimbabwe set to frustrate eager investors

Post-Mugabe Zimbabwe set to frustrate eager investors

A European investor’s phone rings in a Harare restaurant and it’s good news: an $80 million construction deal has been agreed with the Zimbabwean government. All that’s needed now is a central bank guarantee letter. It never arrives. President Emmerson Mnangagwa, who took power when Robert Mugabe was removed in a de facto coup last […]

Ethiopian to Resume Flights to Asmara

Ethiopian to Resume Flights to Asmara

Ethiopian Airlines disclosed that it has finalized preparations to resume daily flights to Asmara, Eritrea as of July 17 with the most technologically advanced commercial aircraft, the Boeing 787. The flight resumption follows agreements reached in Asmara between Prime Minister Dr. Abiy Ahmed and Eritrean President Isaias Afewerki. CEO of Ethiopian Airlines, Tewolde Gebremariam said […]

Air Tanzania Boeing 787-8 Dreamliner Lands in d’Salaam

Air Tanzania Boeing 787-8 Dreamliner Lands in d’Salaam

The much awaited Boeing 787-8 Dreamliner has landed in Tanzania at the Julius Nyerere International Airport (JNIA) for the first time on Sunday. The plane touched down at the country’s major international gate way at 5.18pm from the United States of America (USA). President John Magufuli was the guest of honor who graced the event […]

Rising Fuel Prices, Higher Taxes to Push Up Kenya, Uganda Inflation

Rising Fuel Prices, Higher Taxes to Push Up Kenya, Uganda Inflation

Kenya and Uganda face a higher cost of living in the second half of this year, driven by a surge in fuel prices, increased taxation and weakened local currencies. Reports by their respective central banks have said that this will translate to higher import bills. In Kenya, goods and services prices will be pushed up […]

Rovos Rail Pride of Africa – Offers a spectacular safari across southern Africa

Rovos Rail Pride of Africa – Offers a spectacular safari across southern Africa

Africa is growing as a tourist hotspot for many young people around the world and unearthing more of its landmark gems only continues to strengthen its appeal. Take the case of the little-known Pride of Africa’s luxury train tour offered by South African private rail company, Rovos Rail. The train allows travelers to journey between […]

A two-day crash in Zimbabwe’s mobile money system shows the vulnerabilities of going cashless

A two-day crash in Zimbabwe’s mobile money system shows the vulnerabilities of going cashless

Although mobile money has become the leading transaction platform in Zimbabwe, its weaknesses came into focus this week after the dominant EcoCash network in Zimbabwe went down for two days, and left many consumer businesses floundering in an already difficult economy. EcoCash, which competes against smaller platforms run by state controlled telcos NetOne and Telecel […]

Emerging African Real Estate Trends in Focus at The 2018 API Summit & Expo

Emerging African Real Estate Trends in Focus at The 2018 API Summit & Expo

Investors and developers are taking a more informed approach”- Leonard Michau, Broll Property Group. 2018 has introduced more depth in Africa’s real estate markets” – Bronwyn Corbett, Grit We are seeing growing consumerism in Africa”- Gerard Zeelie, Standard Bank Entrenched as the must attend and largest property gathering for senior African property investors, developers and […]

Chinese-built Ethio-Djibouti railway drives Africa’s development, integration

Chinese-built Ethio-Djibouti railway drives Africa’s development, integration

Officials from the African Union (AU) and African diplomats have hailed the Chinese-built Ethio-Djibouti railway as a project that helps Africa realize its aspirations of development and integration. The Chinese Mission to AU on Friday organized a train trip event, with officials of the pan-African bloc as well as African and other international diplomats on […]

New Rwanda Bean Coffee Company Opens in U.S.

New Rwanda Bean Coffee Company Opens in U.S.

A new Rwandan owned coffee shop and roaster has officially opened its doors in South Portland, a city in Cumberland County, Maine, United States. The shop was founded by Mike Mwenedata; a 32-year old Rwandan who lives in the US. According to the Rwandan Embassy in the USA, the new business – Rwanda Bean Coffee […]

The Africa We Want Is Being Built Before Our Eyes – President Paul Kagame

The Africa We Want Is Being Built Before Our Eyes – President Paul Kagame

President Paul Kagame has said that the Africa we want is being built piece by piece following increased progress towards achieving the goals Africa has set for herself. Highlighting the progress on the African Continental Free Trade Area, President Kagame announced Burundi, Lesotho, Namibia, South Africa and Sierra Leone as the five new signatories bringing […]

Page 1 of 127123Next ›Last »

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone