Topic: Business

Minister transforms Zimbabwe into an ICT based economy

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By Kenneth Matimaire – ZIMBABWE – Recent statistics from the ministry of Information and Communication Technology (ICT) indicates that the Zimbabwean government is making tremendous strides in its quest to transform the country into an ICT based economy. ICT minister Mr Nelson Chamisa stresses a point Though the young ministry was formed in 2009 following the formulation of the inclusive government amongst Zimbabwe’s three main political parties, Zanu PF and the two MDC formations, ICT has grown to become the second best contributing sector towards the country’s Gross Domestic Product (GDP). Current statics indicate that in terms of contribution to... Continue Reading

South Africa: Revector launches Detect & Locate

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·         New operator service locates fraudsters to a physical location ·         Helps reduce the $4.63 billion lost annually to SIM box/GSM Gateway fraud Revector, the global leader in mobile anti-fraud solutions, today announced the launch of a new product that will significantly reduce illegal activity against mobile networks.  Revector Detect & Locate enables mobile operators to detect SIM box fraud on the network and identify the location from which the fraud is taking place, down to a specific house or office. Revector Detect & Locate enables mobile operators to geo-locate fraudulent SIM cards and SIM boxes using a combination of triangulation co-ordinates... Continue Reading

Delta Air Lines to mark five years flying between Ghana and the United States

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By Peterking Quaye, Accra, Ghana- One the world leading carrier Delta Airline will next month Delta Air Lines (NYSE:DAL) mark its fifth anniversary of service between Ghana and the United States. It will be record that Delta launched its service between the United States and Africa in December 2006, introducing routes to Senegal, South Africa and Ghana, with the start of service from Accra to New York-JFK. Since the start of service Delta has carried nearly 450,000 passengers between Ghana and the United States. The airline’s service includes the SkyMiles frequent flier program, a world-class airline loyalty program; the award-winning... Continue Reading

Zambia: Investrust, Zanaco get AfDB credit

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By Nawa Mutumweno- The African Development Bank (AfDB) has provided credit lines valued at $13. 5 million to two commercial banks to support the development of the private sector and small and medium enterprises (SMEs) IN Zambia. According to AfDB country representative Freddie Kwesiga, the institution has provided Zanaco with $5 million from the initial allocation of $10 million while Investrust Bank has received $3.5 million as part of its initiative to close the financing gap for SMEs. He disclosed this at the networking forum of the Zambia SME programme in Lusaka recently. Supporting SMEs will help alleviate poverty and... Continue Reading

GLOBACOM to storm Ghana with us entertainment stars – NOV. 17?

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By Peterking Quaye – Africa’s proud mobile telecommunication company Globacom  has reliably informed us that after a long wait, the sixth Telecommunication network to operate in Ghana, Globacom is about to hit the country with a big bang. The Nigerian based company is about to make history in Ghana by bring the highest number of international artists (American stars) into the country to the official launch of their operations in Ghana. Four or more of America’s hottest show stoppers; Sexy songstress Nicki Minaj (born Onika Tanya Maraj), bad girl singer Rihanna, R&B Singer and composer Ne-yo (Born Shaffer Chimere Smith,... Continue Reading