JOHANNESBURG – Emerging South African Abigail Keats officially opens her exclusive flagship boutique in Sandton at the new Nedbank Building on 29th June 2010. This is a progressive and exciting development for this young and talented designer, who has been highly acclaimed over the past 3 years through her participation in the Audi, Johannesburg and Arise Africa Fashion weeks and who currently offers a well sought after private client service. “The launch of my own label and establishment of an exclusive boutique is part of my long term goal of establishing an internationally acclaimed label that is proudly South African”.... Continue Reading
By Novell Zwangendaba GAUTENG – Organisers of the continental business network at the 2010 FIFA World Cup have announced the launch of the inaugural Festival of Africa Investor Summit. The event is fusion of dynamic experts from the economic, governmental and small business arenas will provide audiences with a diverse perspective on the numerous investment opportunities and focuses of the SADC region. The Festival of Africa has been conceptualized as an event that will showcase the continent’s tourism, cultural and business opportunities, as well as act as a venue for the hosting of VIPs in the business, government, arts, media... Continue Reading
Shout-Africa News – Sydney – Fears grew for the safety of a group of Australian mining executives on Sunday after their plane disappeared en route from Cameroon to the Democratic Republic of Congo, their company said. Australia’s Sundance Resources said the chartered plane travelling from Yaounde in Cameroon to Yangadou in the Congo failed to arrived on Saturday and had been reported missing. “The flight was carrying nine passengers, predominately from Sundance Resources, who were visiting the company’s iron ore project in Cameroon and Congo,” it said in a statement. “A comprehensive air and ground search coordinated by the Cameroon... Continue Reading
Shout-Africa News – British and Belgian companies have been buying diamonds from the contested Chiadzwa diamond fields, even though London and Brussels claim Zimbabwe should not be given Kimberley Process certification to export diamonds harvested in the area. According to All Africa, which quoted State-owned newspaper The Herald, an independent report compiled for the government now details who has been benefiting from the Chiadzwa resource. State officials denied knowledge of the report, but it apparently states that the Zimbabwe Mining Development Corporation, through the Minerals Marketing Corporation of Zimbabwe, had on two occasions this year shipped diamonds from Chiadzwa to... Continue Reading
By Aaron Mutara – The government indigenisation bill has discouraged investors to invest in the country because it recommends that investors cede 51 percent of there shares to the people. Currently the country is in turmoil and we need investors to boost our economy so that we can start producing and manufacturing for ourselves. The bill targets to empower the black majority and is spear headed by minister Saviour Kasukuwere. If foreign investors cede the 51 percent they will no longer control their companies because they will have the least number of shares. The current situation concerning investment in Zimbabwe... Continue Reading
