Providing Digital TV services and new Broadband Internet services with speeds of up to 8Mbps and retail prices starting from $30 per month. ACCRA, Ghana, February 6, 2013/ — K-NET (http://www.knetgh.com), a leading African telecommunications company offering triple-play voice, data and video services across sub-Saharan Africa, is pleased to announce the successful transition of its satellite-based services to a new high-powered digital communications satellite located above the equator in geostationary orbit at a longitude of 28.2 degrees East and providing coverage across West and Central Africa. The Astra 2F satellite, built by Astrium and operated by SES, was launched on the Ariane 5... Continue Reading
By Nawa Mutumweno – It is lucidly clear that global growth in 2012 was uneven and weak, engendered by the turbulence in the Eurozone, lethargic growth in the United States, and a slowdown in the major emerging markets such as China, India and Brazil. This sluggish growth in the world economy depressed prices for copper, Zambia’s major export, while oil and food prices were generally higher. ‘’Growth in sub-Saharan Africa has been relatively favourable, partly due to increased trade and investment flows between Africa and key emerging economies and the relative insulation of the region from external financial shocks,’’ Finance... Continue Reading
By Nawa Mutumweno – Dubbed the Asian ‘tiger’, China has made serious inroads into Africa, Zambia included. One shining example of this economic intervention is the China-Africa Development Fund which invests in infrastructure and construction projects. In the few years of its existence, financing from this organisation has virtually changed the face of Africa. The fund was launched (under the auspices of the China Development Bank) with a $5 billion funding provision. The business scope of the fund mainly includes equity and quasi—equity investment, fund investments, fund management, investment management and consulting services, with the money being ploughed into African countries’ agriculture, manufacturing, energy transport, telecommunications, urban... Continue Reading
At the International Customs Day Celebration on 26 January, The Tobacco Institute of Southern Africa (TISA) has been awarded a World Customs Organisation Certificate of Merit for “rendering exceptional service to the International Customs community”. TISA was one of only two external stakeholders to which this recognition was made. The annual event is celebrated by 179 countries worldwide and is recognised by the World Customs Organisation. South African Revenue Service (SARS) fittingly chose to hold this year’s event at the Kopfontein Border post between South Africa and Botswana. This was the first SACU border post at which the modernization initiatives by... Continue Reading
By Nawa Mutumweno – Government sees the forthcoming hosting of the 20th United Nations World Tourism Organisation (UNWTO) general assembly as a grand opportunity to further promote tourism investments and boost tourist arrivals into the country. Tourism and Arts minister Sylvia Masebo disclosed recently that the country’s tourist capital, Livingstone, will be the biggest beneficiary of the event with the Government having released sufficient funds to improve its infrastructure. Government is carrying a deliberate facelift of Livingstone through the improvement of roads, water and sanitation, markets, bus stations and stadiums, among others. There are also plans to construct a convention... Continue Reading
