By Nawa Mutumweno – Fitch has revised Zambia’s outlook from stable to positive and affirmed the country’s ceiling at B+. The revision of the outlook is in recognition of the progressive strides which the Government has made since October 2013 when the rating and outlook was downgraded, according to the Ministry of Finance public relations officer, Chileshe Kandeta. On determining the Sovereign Credit Rating, Fitch, one of the world’s top three rating agencies, noted Zambia’s significant progress in economic growth, prudent fiscal management, and stability in the policy environment. Other key considerations in arriving at the rating were: Government’s commitment... Continue Reading
The Global Summits Organiser, IRN, is delighted to announce the launch of the inaugural East Africa Energy Infrastructure Security 2015 Forum, the latest addition to the company’s security portfolio, taking place on 4-5th February in Nairobi, Kenya. Although in the last half-decade a number of East African countries have emerged as global energy frontiers, and consequently the region is increasingly attractive to major IOCs, there are a number of specific security challenges which may hamper East Africa booming oil and gas industry. The East Africa Energy Infrastructure Security 2015 Forum, taking place on the 4th and 5th February 2015 in... Continue Reading
Johannesburg, 2 October 2014 – Dow Southern Africa (Pty) Ltd has for the first time been named in the Top Employers South Africa 2015 certification. According to the Top Employers Institute’s independent research, Dow Southern Africa (Pty) Ltd provides exceptional employee conditions, nurtures and develops talent throughout all levels of the organisation and has demonstrated its leadership status in the HR environment, always striving to optimise its employment practices and to develop its employees. The first step in the certification process is a company’s participation in the HR Best Practices Survey: a comprehensive analysis of the Human Resources environment. This research... Continue Reading
The Africa Energy Indaba (AEI) team has revealed its agenda for the February 2015 event, which is set to draw a variety of global energy, government and business players who are keen to see what energy projects and opportunities are available on the African continent. Organisers and steering committee members of Africa’s premier energy event addressed a number of ambassadors recently at the Sandton Convention Centre about opportunities on offer at the 2015 AEI event. The embassies have been vital partners to the growing success of Africa Energy Indaba as many of them use the event to introduce business opportunities... Continue Reading
By Elias Mhegera – Experts in the extractive industries have called for African leaders to indulge a total inclusion strategy of the local population when introducing investment projects in order to avoid hostility from the local population. The call came in the wake of a two day seminar of experts in oil and gas under the name of Africa Gas and Liquefied Natural Gas (LNG) Conference 2014. The two days conference at the Double Tree by the Hilton in Dar es Salaam on September 2nd and 3rd, attracted international experts in the field of extractive industries and investors. “It is... Continue Reading