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PTA Bank to Open Regional Office in Addis Ababa



The Eastern and Southern African Trade and Development Bank (PTA Bank) has signed today a Memorandum of Understanding (MoU) that would enable it to open a regional office in Addis Ababa with Ministry ...Read more

PTA Bank to Open Regional Office in Addis Ababa

23 May 2016 | 842 Views
The Eastern and Southern African Trade and Development Bank (PTA Bank) has signed today a Memorandum of Understanding (MoU) that would enable it to open a regional office in Addis Ababa with Ministry ...

by Staff Reporter

STANDARD Bank has been hit by clever fraudsters in Japan.

23 May 2016 | 5706 Views
According to a report in Business Day today, a data leak on 15 May resulted in ¥1.4bn (almost R199 million) being stolen from about 1 400 automated teller machines (ATMs) in Tokyo.Standard Ba...

by Staff Reporter

Mobile payment service introduced in South Africa

23 May 2016 | 4220 Views
Unbanked South Africans in rural communities and townships can now access a variety of financial services through MobiCash, a recently introduced mobile payment services platform.According to ...

by MobiCash creates wider channels for users to transact without withdrawing funds, says MobiCash's Donald Mudenge.

Alcohol sales fall for first time in nearly 20 years

15 May 2016 | 4597 Views
GLOBAL sales of alcohol fell in 2015 for the first time since market research firm Euromonitor International started keeping records in 2001.In fact, you probably have to go back to the Asian ...

by Staff Reporter

Mombasa hosts Stakeholders for the Launch of the regional leather design studio

06 May 2016 | 2553 Views
The designers' training workshop will bring together more than 50 designers from 11 Eastern and Southern Africa countries namely Swaziland, Sudan, Eritrea, Ethiopia, ...

by APO

Chinamasa upstages Mugabe nephew

17 April 2016 | 5245 Views
Finance minister Patrick Chinamasa is gaining the upper hand in a power struggle in the ruling party over his efforts to revive an ailing economy and tap financing from the International Monetary Fund...

by Staff reporter

South Africans should brace for another rate hike

11 March 2016 | 3161 Views
Cape Town - The South African Reserve Bank (Sarb) is set to hike rates, according to two prominent economists who believe a 25 basis-point interest rate increase will likely be the outcome of the...

by Staff reporter

A study into How E-Commerce businesses are using couriers and how they are keeping productivity high

19 February 2016 | 1216 Views
Online shopping has become increasingly popular especially as it is far more accessible as people can shop in the comforts of their own home. E-commerce businesses are easier and generally cheaper to ...

by Staff Reporter

WANTED: EcoCash Agents for South Africa

27 October 2015 | 7112 Views
Do you know people in South Africa who are looking to make good money? Here's their chance.For more information call: - 062 468 3601  - 062 449 2413  - 062 453 5186 ...

by Staff Reporter

China unveils international payment system

13 October 2015 | 4767 Views
ZIMBABWE stands to benefit from China's introduction of an International Payment System as it will cushion the country and Zimbabwean firms from the seizure of their revenue by the United States' Offi...

by Lloyd Gumbo

COMESA - ICGLR to collaborate in peace building projects

06 September 2015 | 2212 Views
Chief Executives of the COMESA and the International Conference on the Great Lakes Region (ICGLR) have begun talks on establishing a framework for joint peace building projects in the great lakes....

by Staff Reporter

Central Banks staff trained to handle volatility in financial markets

06 September 2015 | 2552 Views
Central Banks staff from nine COMESA Member States have been trained to handle financial market volatility which poses risks on economic growth.The staff drawn from Burundi, DR Congo, Malawi, ...

by Staff Reporter

Call to remove trade barriers as COMESA embarks on the 2016-2020 MTSP

05 September 2015 | 2304 Views
Full regional integration and the quest to have a seamless flow of goods and services will be achieved in the COMESA region once the Members states commit themselves to eliminate outstanding tariff an...

by Staff Reporter

COMESA takes initiative to harmonize mineral policies in Member States

05 September 2015 | 2933 Views
COMESA is working with the government of Western Australia to develop a harmonized regional mineral policy focusing on the legal and regulatory framework. This is intended to level the operating envir...

by Stephen Jakes

Airbnb Plans to Expand Further Across African Continent

25 July 2015 | 6845 Views
- In the last twelve months alone, Airbnb has more than doubled in size in Africa - Airbnb CEO Brian Chesky Attends Global Entrepreneurial Summit in ...

by APO

Italy eyes Zimbabwe energy sector

24 July 2015 | 7013 Views
Italy will invest in Zimbabwe's solar energy sector as it can reach the lower base of society, a senior official from the European country said on Wednesday.Secretary of State for Renewabl...

by Staff reporter

Zimbabwe and Diaspora-based entrepreneurs launch new business network

14 July 2015 | 5467 Views
A new network of successful Zimbabwe and diaspora based entrepreneurs who are focused on building consortia to increase participation in the country's economy and access international business opp...

by Lorraine Chinouriri

Employers responsible for developing talent in Africa

30 June 2015 | 4958 Views
he availability and retention of talent is proving to be one of the main challenges facing growth and expansion in Africa - DHL CAPE-TOWN - While many global companies are expanding, or s...

by APO

Africa creates Cape to Cairo free-trade zone

10 June 2015 | 3273 Views
Africa's largest free-trade zone is to be created, covering 26 countries in an area from Cape Town in the south to Cairo in the north.The deal, signed in Egypt, is intended to ease the movemen...

by BBC

Corporate Council on Africa Trade Mission to visit Zimbabwe on regional trade mission

04 June 2015 | 3457 Views
Member companies from the Corporate Council on Africa (CCA), a nonprofit organization which promotes business and investment between the United States and African nations, will visit Harare from J...

by Stephen Jakes

Zimbabwe wins Routes Marketing Award

02 June 2015 | 3838 Views
Zimbabwe Tourism Authority Team on Monday won the 2015 Routes Marketing Award at the Four Seasons Hotel Bahrain Bay in Manama, Kingdom of Bahrain where 350 aviation professionals were gathered to witn...

by Staff Reporter

FDI value jumps despite falling number of investment projects in Africa

02 June 2015 | 4030 Views
According to EY's 2015 Africa attractiveness survey - Making choices, Africa's share of foreign direct investment (FDI) projects fell 8.4% in 2014, but remained well above pre-2008 levels. However, fo...

by APO

African organisations under pressure to sharpen skills retention and employee engagement - Sage

22 May 2015 | 3113 Views
Businesses across major African economies such as Kenya and Nigeria are coming under increasing pressure to align their strategies for retaining talent, compensating employees and engaging with their...

by APO

SA Businesses to Benefit from Establishment of African Free Trade Area

19 May 2015 | 1759 Views
19 May 2015: It was recently announced that negotiations around the establishment of a single free trade area - spanning across 26 nations in Africa, also k...

by Angency

Zimbabwean Mawadzi among top care recruitment agencies in the UK

12 March 2015 | 3990 Views
Care recruitment agency and Zimbabwe Achievers Awards 2012 winner of the company of the year award, Renaissance Personnel, has become one of the top 100 small businesses to work for in the UK....

by Staff Reporter

DHL awarded International All Cargo Carrier of the year in Africa

05 March 2015 | 1529 Views
JOHANNESBURG - DHL Aviation, a part of DHL Express, the world's leading international express services provider, has secured the title of International All Cargo Carrier of the Year in Africa at ...

by APO

2015 Infrastructure Africa Business Forum to take place in September

03 March 2015 | 2584 Views
Dates announced for Africa's premier regional infrastructure event2nd March, Johannesburg - The fourth annual Infrastructure Africa Business Forum ...

by Emma Sayers

Property outlook for UK and Australia attracts Southern African investors

03 March 2015 | 2326 Views
Favourable demand picture keeps interest high in London propertyManchester saw a 10.4% year-on-year increase to Q4 2014Population growth in Brisbane saw rental yields rea...

by HWB

Employee engagement crucial for business success - DHL

19 February 2015 | 3536 Views
Effective employee engagement policies and management can drive innovation CAPE-TOWN, South-Africa - Employee engagement has emerged as a crit...

by APO

No direct budgetary support to Zimbabwe says EU

13 February 2015 | 2825 Views
Relations between Zimbabwe and the European Union may well be on the mend but the bloc will not consider assisting Zimbabwe with direct budgetary support at least until 2017, EU ambassador to Zimbabwe...

by Staff Reports

'HSBC helped conceal over $100 billion in Swiss accounts'

09 February 2015 | 3166 Views
Global banking giant HSBC for years catered to a motley crew of weapons dealers, tax evaders, tin-pot dictators and celebrities, using its private Swiss arm to shield accounts worth more than $100 bil...

by CNNMoney

Oil price war: Gulf producers deepens Asia oil discount to record Low

06 February 2015 | 2283 Views
(Reuters) - Saudi Arabia's move to slash the price it charges in Asia for its oil this week to the lowest in more than a decade is the latest aggressive action by Gulf states to defend market share i...

by Staff Reporter

4 Signs that it is time to replace your ERP system

14 January 2015 | 2199 Views
The enterprise resource planning (ERP) market is evolving at a rapid pace as a result of technology innovation. At the same time, most businesses are changing themselves as they try to keep up wit...

by Jeremy Waterman, managing director of Sage ERP Africa

Africa - Banking: ICS Financial Systems Extends Leading Presence in Africa

31 December 2014 | 959 Views
LONDON, United-Kingdom - ICS Financial Systems Limited (ICSFS), the global software and services provider for banks and financial institutions, partnered with ne...

by APO

RBZ Homelink Uk Roadshows

04 November 2014 | 4466 Views
(London. 4th November 2014) A high powered delegation from Homelink, a Reserve Bank of Zimbabwe company, incorporated in 2004 to specifically serve Zimbabweans in the Diaspora is in Britain to mee...

by Thamsanqa Ephraim T

Flyafrica launches Zimbabwe Joburg route

04 November 2014 | 4604 Views
Flyafrica, yesterday launched its inaugural Harare-Johannesburg flight where it is charging $89 (including taxes), one way. Flyafrica joins three other airlines flying on the same route. Offic...

by Staff Reporter

French and Belgian government 'frustrated with Britain and EU over Zimbabwe'

19 October 2014 | 5412 Views
French and Belgian government officials apparently want to normalise relations with Zimbabwe but are being hindered by the European Union.The French, in particular, have expressed frustration ...

by Staff Reporter

AfrAsia bosses hint at $10million cash injection to ease woes

19 October 2014 | 2298 Views
AfrAsia bosses were in Zimbabwe last week and indicated that a US$10 million cash injection will be made into the lender in the short term to try and ease the problems faced by the Mauritian-based par...

by Staff Reporter

Standard Bank report confirms strong growth in Africa's rising middle class

19 August 2014 | 3694 Views
JOHANNESBURG - Africa has experienced substantial growth in its middle class over the past 14 years, according to a study by Standard Bank.The report,...

by APO

South Africa's food sector stuck in a low growth cycle - Africa Beckons

09 June 2014 | 3903 Views
The low economic growth environment in South Africa is putting local food value chains under increasing pressure. This is according to Herman Marais, managing partner at Agri-Vie, a Food & Agr...

by Business Reporter

IMF boss praises Africa's 'remarkable' growth

29 May 2014 | 3962 Views
Maputo - IMF managing director Christine Lagarde on Wednesday hailed the leaps made by African economies in the last decade as "nothing short of remarkable”.On the eve of a major conference ...

by AFP

'European Union ready to review trade agreement with Zimbabwe'

10 May 2014 | 5046 Views
ZIMBABWE will soon benefit from the Cotonou Trade Agreement as the European Union (EU) considers reviewing the country's situation at it November meeting, Sapes Trust director Ibbo Mandaza has said....

by Staff Reporter

DHL announces new heads for key Africa regions

22 April 2014 | 3908 Views
CAPE-TOWN, South-Africa, April 22, 2014/ -- DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL (http://www.dpdhl.com), has promote...

by APO

Lufthansa grounded as pilots strike over early retirement,

02 April 2014 | 3441 Views
FRANKFURT - A three-day strike by pilots at Lufthansa over early retirement, which has grounded Germany's largest airline, shows no sign of ending early after management said there would be no fu...

by Staff Reporter

Start Smart targets Africa's SMEs

04 March 2014 | 3398 Views
ACCRA - The data available on privately owned businesses in Africa suggests that close to 90% are classified as Small and Medium Sized Enterprises (SMEs). The staggering statistics come with equally ...

by Staff Reporter

Twitter shares priced At $26 in Initial Public Offering

07 November 2013 | 2050 Views
Twitter has set a price of $26 for its public stock offering and can begin trading on the New York Stock Exchange.The price values the San Francisco-based micro blogging site at $14.1bn, base...

by Staff Reporter

Alibaba set to revolutionize China's retail industry

14 October 2013 | 2167 Views
Alibaba Group's plans to revolutionize China's retail industry, investing $16 billion in logistics and support by 2020, will open up China's vast interior and bring access to hundreds of millions of p...

by Reuters

Obama to nominates a woman as Fed chair

09 October 2013 | 2625 Views
WASHINGTON - Janet Yellen will become the first woman to hold the most powerful job in the world economy after administration officials said that President Barack Obama would nominate her as chair of...

by FT

US launches new $100 banknote

08 October 2013 | 6507 Views
Washington - The United States launches today (Tuesday 08 October) a new $100 bill that comes with, for the iconic greenback, a new touch of colour, as well as special features to foil counterfeiters...

by AFP

AfDB and Made in Africa Foundation Launch Fundraising for Africa50 Infrastructure Fund

27 September 2013 | 2578 Views
NEW YORK - The African Development Bank and Made in Africa Foundation officially launched the fundraising for the Africa50 infrastructure fund on Thursday, Septem...

by APO
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