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Friday, 28 February 2014

MTN TO EXPAND ITS NETWORK THROUGH INVESTMENT

With an endeavor to maintain its rank as the leading mobile service provider, eminent telecommunication company, MTN Rwanda is all set to invest at least $20 million. As articulated by Ebenezer Asante, CEO, MTN has already invested above approximately $200 million in the last five years to enhance its network coverage in different corners of the country. He added, “The past year was the right time for MTN Rwanda to sell off its towers and focus...

Thursday, 27 February 2014

KENYA HAPPY WITH TIES BETWEEN IT AND MALAWI

NAIROBI: President Uhuru Kenyatta of Kenya has commended good relations existing between Malawi and his Eastern AFRICAN country. Malawi state radio, MBC News, says President Kenyatta has received Malawi High Commissioner to Kenya retired Brigadier-General Marcel Chirwa in the capital, NAIROBI. The Kenyan Leader says he welcomes the re-opening of the Malawian Mission, and Kenya will also set up an Embassy in the Malawian capital, Lilongwe, as soon as possible. Retired Brigadier-General Chirwa says President JOYCE BANDA realizes the importance...

THE “BEST CORE BANKING SYSTEMS TECHNOLOGY PROVIDER, AFRICA” AWARD GOES TO…

ICS Financial Systems Ltd. – ICSFS , the global software and services provider for banks and financial institutions has won “Best Core Banking Systems Technology Provider” in Africa at the esteemed World Finance Technology Awards that was structured by World Finance magazine. It affords a comprehensive collection of banking business units with a rich sweep of functionality and features, addressing business needs and automating accounting processes, as needed, to improve a bank’s business performance. ICS Banks has always been a pioneer in utilizing...

WIPRO GETS IN DEEP WITH SOUTH AFRICA

Wipro Ltd., a global information technology, consulting and outsourcing organization with 145,000 employees serving over 900 clients in 61 countries is India's third largest IT services organization. It has come up with a marvelous opportunity for South Africans, as recently it has declared to induct 150 graduates for internships in South Africa this year round, double from 70 last year. Last year, company enrolled two batches of 30 and 40 interns each in South Africa. According to Saurabh Govil, senior VP, Human Resources, “The internship...

DONORS BEGIN FUNDING AGRICULTURE IN ZIMBABWE

HARARE: The Ministry of Lands and Rural Resettlement in Zimbabwe has secured more than Seven-Million US dollars from donors. Lands and Rural Resettlement Minister Douglas Mombeshora says his ministry is now going to embark on a two-yearlong program of action. He says it will use the funds availed by the European Union, EU, and the United Nations Development Program, UNDP, to carry out the planned schemes. Dr. Mombeshora says part of the work that will be carried out by the ministry includes a preliminary land audit exercise; which aims to address...

Wednesday, 26 February 2014

BOOMING INDO-NIGERIAN RELATIONS

NIGERIA: Observing the escalating bilateral relations between India and Nigeria over the recent years, Indian Government has demand to further intensify and enhance the existing multifaceted cooperation between India and other African countries, specifically Nigeria in the field of energy and maritime energy. While addressing at the Second India-Africa Strategic Dialogue organized by Institute of Defense Studies and Analyses (IDSA), New Delhi, Ruchita Beri expressed that in the whole African continent, India look at Nigeria as her biggest trading...

SOUTH AFRICAN PRESIDENT ADMITS HIS NAME IS USED CORRUPTLY

JOHANNESBURG: President JACOB Zuma of South Africa has acknowledged some people have used his name for political mileage and to advance their own business interests. State radio, SABC News, says his comments come after some sections of the media accused the President of allowing the GUPTA family to land an aircraft full of wedding guests at the Waterkloof Airforce Base last year. President Zuma has told SABC News in an exclusive interview...

DYNAMIC GEN Y IN MICROSOFT FOR AFRIKA COUNCIL

The energetic and dynamic African youth is full of creative ideas which is ready to emerge in Microsoft 4Afrika Initiative – a new attempt through which the company will vigorously engross in Africa’s economic development to expand its global competitiveness. The Microsoft 4Afrika advisory council is an external board of advisers tasked with directorial strategic investments commenced by the Microsoft 4Afrika Initiative. Microsoft’s 4Afrika initiative...

New Energy Strategy To Enhance Energy Exports

ETHIOPIA: After the introduction of Power Africa initiative, discussions amongst eminent Ethiopian and foreign experts are taking place to formulate a new power strategy with an earnest endeavor to enhance electricity production as an element of Ethiopia’s plans to emerge as a regional energy exporter. Also, the discussion examined the various ways in regard to the successful execution of Addis Ababa’s 25-year power master plan. As per Ethiopian Electric and Power Corporation (EEPCo), the new power policy will empower Ethiopia to produce 37,000mw...

Tuesday, 25 February 2014

Financial aid to Nigeria Football Federation

Confirming to Bolaji Abdullahi, Nigeria’s Sports Minster, the Nigerian government assures Nigeria Football Federation (NFF) adequate financial assistance to the country’s team for the World Cup scheduled to be held in June. He articulated that the fund will be accessible for the team in good time. Further he expressed, “The Nigeria football Federation has submitted their financial plan to the National Sports Commission and we have finished work on it and sent it to the appropriate quarters and we believe that it would receive priority attention. I...

Climbing of the Mount-Cameroon

This year, the race of hope took place on 15 February, 600 national athletes, including 32 women and many foreigners, Africans, Europeans and Americans took part in it. The ascent is to go to the city of Buea, 2400 metres above sea level, at the top of the mountain and return. Total distance of the round trip is 38 kms. At the top of the mountain, there is a large crater because Mount Cameroon is an active volcano, which last erupted in 2001. 2014...

South African actress named as Master of Ceremony 2014 Seychelles Carnival

South Africa KwaZulu Natal is this year a co-host for the April Carnival of Carnivals that is staged annually in the Seychelles, and as such will be playing a key part in all the main events of that unique event that continues to attract international press to these mid-ocean islands to cover the event that they have themselves dubbed the one and only Carnival of carnivals. Last week Seychelles named Michelle Marengo, singer and artist in her own right as the MC for the Opening Ceremony of the 2014 edition of the carnival who will be addressing...

What’s up with Facebook?

Stockholders and specialists from Wall Street to Silicon Valley were shocked after Facebook said it was giving a total of $16 billion in joint cash and stock for WhatsApp, an Internet-based mobile texting app that circumvents the SMS messaging services functioned by the telcos and has more than 450 million users around the world. It also highlighted Facebook’s true dedication to win the market for messaging. The acquisition presenting a combination...

Namibia continues with policies

WINDHOEK: Trade and Industry Minister Calle Schlettwein of Namibia says the government continues to implement policies aimed to encourage investment, industrialization and economic growth. He says the authorities in the Southern African country will also introduce measures to support domestic small and mediumscale enterprises to become more profitable and effective participants in the economy. Minister Schlettwein says the measures are to ensure the small businesses access tenders for the provision of services and implementation of governmentfunded...

First in the country to cross 200 million subscribers!!

There is something new about this New Year for Airtel. A new beginning and a new milestone. Airtel has rolled out 4G service to mobile phone users in Bangalore. Not only this, it has also picked up Loop mobile for Rs. 700 Crore. Under the new arrangement, Loop Mobile’s 3 million subscribers in Mumbai will join Airtel’s over 4 million subscribers fetching Airtel’s total subscriber base in Mumbai to 7 million. Now comes the big news. Airtel has...