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DHL awarded International All Cargo Carrier of the year in Africa



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 ...Read more

DHL awarded International All Cargo Carrier of the year in Africa

05 March 2015 | 357 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 | 772 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 | 1002 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 | 1941 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 | 2460 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 | 2975 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 | 1819 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 | 1923 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 | 1375 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 | 3359 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 | 4670 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 | 4080 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 | 2358 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 | 2848 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 | 3480 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 | 3402 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 | 5036 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 | 3541 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 | 3286 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 | 4104 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 | 2582 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 | 2706 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 | 3099 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 | 7224 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 | 3226 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

Statement at the Conclusion of an IMF Mission to Sierra Leone

14 September 2013 | 2099 Views
FREETOWN, Sierra Leone - An International Monetary Fund (IMF) mission led by Ms. Malangu Kabedi-Mbuyi visited Freetown during September 3–12 to carry out follow-up discussions on Sie...

by APO

Zimtrade & Investment Exhibition Summit - London 2013

09 September 2013 | 3927 Views
On the 29th of November 2013, Zimbawe Business Network (ZBN) launches it's inaugural Winter Trade and Investment Conference.The event,to be held at ILEC Conference Centre, Ibis London Earls Court, 47...

by B E Ngubeni

Asian shares climb to a two-week high, yen retreats, yen retreats

02 September 2013 | 2271 Views
Asian shares climbed to a two-week high on Monday, and the Australian dollar and copper gained, as China said its manufacturing expanded in August at the fastest pace in more than a year.A de...

by Staff Report

Elumelu calls on African entrepreneurs to take business to BRICS

27 August 2013 | 2678 Views
JOHANNESBURG, South-Africa - During a panel discussion held at the first BRICS Business Council meeting in Johannesburg this week, African business leader Tony O Elumelu, Chairman of Heirs Holding...

by APO

U.S. stocks ground to a 3-hour halt

23 August 2013 | 2375 Views
Trading in thousands of U.S. stocks ground to a halt for much of Thursday after an unexplained technological problem shut down trading in Nasdaq securities, the latest prominent disruption to the oper...

by Staff Reporter

ADB President in Washington DC to accept development awards

24 July 2013 | 3760 Views
WASHINGTON - The President of the African Development Bank (AfDB) Group, Donald Kaberuka, will be in Washington, DC from July 24 to 27. On the morning of Thursday, July 25, he will be rec...

by AfDB

Africa Oil Week celebrates 20th Anniversary

23 July 2013 | 4060 Views
World's leading Conference, attended by 1250 delegates from Six Continents CAPE-TOWN - The 20th Africa Oil Week (http://www.petro21.com), the world'...

by Global Pacific Partners

General Motors Appoints New Leadership Team for Africa Operations

20 June 2013 | 3969 Views
General Motors has announced a number of appointments which are geared at strengthening the company’s operations in Africa:GM South Afric...

by Mathews Estell

GM South Africa Appoints New Vice President of Operations

20 June 2013 | 3744 Views
General Motors has announced the appointment of Ian Nicholls (51 years old) as GM South Africa"s Vice President of Operations with immediate effect.  Based in Port Elizabeth, South Africa, ...

by Matthews Estell

African ministers of industry to convene on post-2015 development agenda

07 June 2013 | 3173 Views
ADDIS ABABA, Ethiopia - The 20th Ordinary Session of the Conference of the African Union Ministers of Industry (CAMI) will take place in Nairobi, Kenya from 10-14 June, 2013. Organized under the them...

by Moyo Roy

Mthuli Ncube slams SA's black economic empowerment programme

10 May 2013 | 5258 Views
Cape Town - Professor Mthuli Ncube of the African Development Bank (AfDB) has slammed black economic empowerment (BEE), saying it is not creating any value."I've looked at all BEE deals up til...

by fin24

SA Airways borrows R1.5bn to stay afloat

06 May 2013 | 3051 Views
Johannesburg - SA Airways has postponed its bond issue in favour of borrowing R1.5bn from two banks, it was reported on Monday.Chief financial officer Wolf Meyer told Business Day this was unt...

by Business Reporter

Western retailers to compensate victims of Bangladesh disaster

30 April 2013 | 4077 Views
Two Western retailers have promised to compensate families of garment workers killed while making their clothes in a Bangladesh factory building that collapsed last week in the country's worst industr...

by Staff Reporter

2013 finalists for African innovation announced

25 April 2013 | 3753 Views
Ten African innovators have developed practical solutions to some of the continent's most intractable problems.Chosen from more than 900 applications from 45 countries, the finalists for t...

by Kofi Adu Domfeh

Lufthansa cancels most of its domestic flights

23 April 2013 | 3928 Views
FRANKFURT - German airline Lufthansa said yesterday it has cancelled most of its domestic, European and long-haul flights at six German airports due to strike action by ground personnel and some cabi...

by Staff Reporter

Gold plummets to its lowest level in more than two years

15 April 2013 | 4081 Views
The price of gold is plummeting to its lowest level in more than two years.The gold spot price fell as much as 6% on Monday‚ hurting gold stocks which tumbled in excess of 10% ...

by AP

Boeing completes 787 Dreamliner jet test flight

05 April 2013 | 3887 Views
On Friday Boeing completed a test flight of its 787 Dreamliner jet, part of a regimen of tests aimed at certifying a reworked system to prevent fire or overheating of the plane's lithium-ion batteries...

by Staff Reporter

World's largest maker of fuel from coal mulls selling Papua New Guinea assets

05 April 2013 | 4225 Views
SASOL, the world's largest maker of fuel from coal, is considering the sale of its gas assets in the island-state of Papua New Guinea."Sasol is considering divesting from Papua New Guinea," A...

by Staff Reporter

Facebook founder Mark Zuckerberg to pay $1.1 billion tax for 2012

29 March 2013 | 5035 Views
Facebook founder Mark Zuckerberg is on the hook for a $1.1 billion tax bill for 2012, the result of his company’s going public last year.That decision gave Zuckerberg, the co...

by Staff Reporter

Cypriots banks reopen with tight controls

28 March 2013 | 3557 Views
Cypriots banks reopen on Thursday with tight controls imposed on transactions to prevent a run on deposits after the government was forced to accept a stringent EU rescue package to prevent the countr...

by Staff Reporter

Cyprus clinches last-minute deal, uninsured depositors lose out

25 March 2013 | 3617 Views
Reuters) - Cyprus clinched a last-ditch deal with international lenders to shut down its second-largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for...

by Staff Reporter

UK strikes deal for Marange diamonds to return to the EU markets

17 February 2013 | 5394 Views
Reports from Brussels, Belgium suggest that the United Kingdom has struck a deal with Belgium on the need for Marange diamonds to return to the European Union markets.According to the reports,...

by Staff Reporter

African Migrants Could Save US$4 Billion Annually On Remittance Fees

28 January 2013 | 4285 Views
WASHINGTON - Bringing remittance prices down to five percent from the current 12.4 percent average cost would put US$4 billion more in the pockets of Africa's migrants and their families who rely ...

by APO

New SA banknotes features Nelson Mandela

05 September 2012 | 7656 Views
The South African Reserve bank Governor, Gill Marcus, today said South Africa's currency should be a reflection of its culture and heritage. "South Africa's banknotes have reflected aspec...

by SABC | Ndou Paul

IMF Executive Board Completes Fourth Review Under the Policy Support Instrument for Uganda

06 June 2012 | 3077 Views
KAMPALA, Uganda -  The Executive Board of the International Monetary Fund (IMF) has completed the fourth review under a three-year Policy Support Instrument (PSI) for Uganda. The Executive Board...

by APO
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