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Date Archives for August 2013

  • Barclays Africa Rebrand Absa Life in Botswana To Boost Business

    By Ann Brown, 9:00 pm

    Barclays Africa Group has announced it is rebranding the Absa Life operations in Botswana to Barclays Life. This has raised questions whether the banking group would also do the same to its South African insurance business in the future, reports Business Day. According to Barclays, the brand change will enable the insurer to leverage off […]

  • NYC’s Museum for African Art Changes Focus; Becomes New Africa Center

    By Ann Brown, 8:00 pm

    According to PND, the Museum of African Art in its efforts to raise the funds needed to complete the long-delayed construction of its permanent home  in New York City, it is planning to reinvent itself as the New Africa Center, the Wall Street Journal reports. This development happened in the wake of the departure last […]

  • Obama Taps Donald Booth As Special Envoy For South Sudan And Sudan

    By Ann Brown, 7:00 pm

    President Obama has named a special envoy for South Sudan and Sudan. He has tapped his outgoing ambassador to Ethiopia for the task, reports USA Today. During the announcement, Obama called Donald Booth “one of America’s most experienced diplomats, with broad experience in helping promote peace and prevent conflict across Africa.” Booth is specifically charged […]

  • Talks To Resolve Nigeria’s Academic Strike Stalls

    By Ann Brown, 6:00 pm

    From allAfrica.com For the umpteenth time the academic calendar of the nation’s university education system has been brought to a halt due to the industrial action embarked upon since July 1 by members of the Academic Staff Union of the Universities (ASUU). This time it is over the inability of the Federal Government to implement […]

  • Cameroon Announces Plan to Phase Out Plastic Bags

    By Ann Brown, 5:00 pm

    From Voice of America Authorities in Cameroon have begun rolling out a campaign to eliminate non-degradable plastic bags by early next year. The measure seeks to halt their risk to human and animal life as well as the environment. Producers, importers and marketers of non-degradable plastic wrappings in Cameroon have until March 2014 to halt […]

  • Nigeria Gets International Loans To Develop Energy Plan

    By Ann Brown, 4:00 pm

    From allAfrica.com Minister of Power, Prof. Chinedu Nebo, said the investments recorded in the telecommunication sector since the introduction of the mobile telephone services in the country would be dwarfed by investment in the power sector, once the ongoing reforms in the sector took firm footing. He spoke to newsmen after a meeting of the […]

  • Vital Industries Still On Strike In South Africa

    By Ann Brown, 3:00 pm

    From allAfrica.com Countrywide strikes in vital sectors of the economy were set to continue, trade union leaders said. No end was in sight for labor action by the SA Transport and Allied Workers’ Union (Satawu) at SA Airways (SAA), and by National Union of Mineworkers (NUM) members in the construction sector. In the motor industry, […]

  • Will Zimbabwe Economy Boom? Mugabe’s Biggest Task

    By Ann Brown, 2:00 pm

    From allAfrica.com President Robert Mugabe, sworn in for a seventh-consecutive term in office recently, faces the unenviable task of pulling Zimbabwe out of the doldrums. It is certain that how he performs in the next five years will make a lasting impression on his legacy that so far has been filled with several twists and […]

  • Kenyan Businesspeople Ink Mega Deals in China

    By Ann Brown, 1:00 pm

    From the Standard. Kenyan business people have inked several deals in China worth billions of shillings. Businessman Chris Kirubi, Suraya Group, fertiliser firm Mea Ltd and Beth International were among firms that clinched deals in the just completed tour of China. “I led a team of 69 traders from several sectors with several of them […]

  • Angola Considers Trading Its Currency, Kwanza, For Trading On International Market

    By Ann Brown, 12:00 pm

    From iol.com A foreign exchange law in Angola had halved the amount of dollars auctioned by the central bank since June as the country considered letting its currency trade on international markets, a central bank official said. The Banco de Nacional de Angola said the amount sold at auctions had fallen to $200 million a […]

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