Business: Latest News
Dana Sanchez, 4:38 pm
Duckweed has been used in human and animal food for centuries, but has never been fully developed commercially with the efficiency and productivity associated with Parabel’s system, according to a report.
Makula Dunbar, 12:44 pm
The number of mobile internet devices is set to out number humans by the end of this year. There’ll be more smartphones and internet-connected tablets and monitors than there are people on the planet.
Dana Sanchez, 12:39 pm
Because commercial blueberry growing is still a small industry in South Africa, many natural pests and diseases of the blueberry plant and fruit are not yet present, making crop protection easier and less costly than traditional blueberry growing areas.
Makula Dunbar, 11:23 am
Stop the Theft, a non-profit foundation has presented to the G8 the idea of implementing strategies that will curb and ultimately stop crude oil theft in Nigeria. Through the organization’s Stop the Theft campaign, which is headed by Ambassador Patrick Dele Cole, former international relations advisor to former President Olusegun Obasanjo, the organization is bringing to focus an issue that is harshly affecting the country’s economy.
Dana Sanchez, 10:59 am
U.S. President Barack Obama’s visit to Senegal, South Africa and Tanzania starting Wednesday is expected to boost efforts to tap into the continent’s smaller, more fragmented markets, a report says.
Makula Dunbar, 9:03 am
Tourism revenue in Kenya, the country’s second-biggest foreign exchange earner, is forecast to rise to more than 100-billion shillings ($1.2bn) this year, Muriithi Ndegwa, head of the tourism authority, says. East Africa’s largest economy expects a lift after the passage of peaceful elections
Dana Sanchez, 5:55 pm
In 2011, U.S. exports to Africa were $21.1 billion, up 23 percent in one year. Top exports were machinery, vehicles and parts, non-crude oil, cereal and aircraft and parts. “Do you know someone working in one of those sectors? Are they finding growth like that elsewhere in the world?” asks investment adviser and blogger Jonathan Berman.
Dana Sanchez, 4:43 pm
Facebook fans were invited to send their Facebook profiles on a holiday to Cape Town. They selected from a range of activities and the competition delivered a travel itinerary, boarding pass and photo updates about their profiles’ activities.
Makula Dunbar, 3:32 pm
Of the two travel related taxes suggested by former Nigerian president Olusegun Obasanjooa, one requiring passengers to pay a $5 (domestic) or $10 (international) infrastructure and development charge went into effect June 16. The measure was enacted by the National Airports Corporation.
Dana Sanchez, 3:03 pm
The Ibrahim Prize for Achievement in African Leadership awards $5 million to elected African heads of state who have improved their countries’ economy, social and public health, and who passed on their office to their successors in a democratic manner.
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