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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 […]

Truecaller and Google Roll Out New SMS and Flash Messaging Services to Users

Truecaller and Google Roll Out New SMS and Flash Messaging Services to Users

Truecaller today announced a strategic agreement to integrate Google Duo, a high quality video calling service, within the Truecaller app. This will add a crucial communications layer that strengthens the value of Truecaller’s wildly popular dialer, caller ID, and spam blocking app already used by more than 250 million users globally. Along with news of […]

Africa’s Big Cities Offer Investors Hope in Hard Times

Africa’s Big Cities Offer Investors Hope in Hard Times

Africa’s biggest economies have been hammered by the collapse in commodity prices over the past 18 months but there are still investment bright spots to be found. In cities such as Lagos, Nairobi, Accra, Kinshasa and Johannesburg, growth remains robust and investors are prospering in the retail, financial services, technology and construction sectors. This means […]

Uganda Investors angry over govt’s importation of ARVs

Uganda Investors angry over govt’s importation of ARVs

Investors in a pharmaceutical company producing life-saving drugs yesterday accused government of importing ARVs yet they can produce them cheaply to enable the people living with HIV/Aids access them readily. In their petition to the Parliamentary Health Committee, Mr Fredrick Mutebi-Kitaka, the executive director finance, told MPs that although government is committed in a deal […]

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