Topic: Business

Continental Telecoms Leaders Gather In South Africa

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By Novell Zwange – CAPE-TOWN – The 2010 AfricaCom Congress and Exhibition, to be hosted this year from 10 – 11 November in Cape Town, South Africa, has received a staggering 75% increase in pre-registered attendance; with 618 companies already represented. Firmly established as Africa’s leading telecoms event, AfricaCom will gather more than 4,000 attendees from across the African continent and beyond for two days of contact building, learning and buying. African telecoms is undergoing a new phase of growth that requires innovation from every corner of the continent’s ICT Industry. Mobile operators are transforming their business structures so as... Continue Reading

Joburg Hub Site Boosts To Travellers News

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By Novell Zwange – JOHANNESBURG – MyJohannesburgInfo.com has announced that the launch of the international hub site, MyDestinationInfo.com is seen as a huge boost to the local Johannesburg-based franchise. The hub site, which acts as a starting point for travellers looking for news, inspiration or in-depth travel information, is billed as a top contender on the international online travel guide market. MyDestinationInfo.com will feed traffic from around the world to the 64 online travel guides, and with carefully constructed travel articles offering contextual information on the various destinations, Johannesburg anticipates a surge in international traffic. In conjunction with the launch... Continue Reading

China and Africa pull another surprise

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By Mark Oloo – Kenya will host a forum on China-Africa co-operation on legal affairs next year. The conference is expected to brainstorm on how China and African countries can work together on mutual legal assistance, arbitration and mediation. The meeting will be a follow-up on resolutions reached at another forum in China last week attended by 250 delegates from 37 African countries, including Attorneys General, Chief Justices and lawyers. Many African countries are increasing looking to China for trade and aid, as their ties with Europe and the United States wane. Kenya’s Attorney General Amos Wako says China hold... Continue Reading

New Mobile Service To Launch Soon In South Africa

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By Bongani Nkosi – A new mobile service network, owned and operated by South African telecommunications giant Telkom, is well on its way to becoming a reality in the country. Telkom had planned to introduce the new mobile service before the end of 2010, but its spokesperson Pynee Chetty could not give an exact date. Initial expectations were that it would launch on 14 October. Outgoing CEO Reuben September confirmed to the media in June that plans for the new venture were already advanced and said they would introduce it within the 2010 calendar year. Telkom has invested R6-billion (US$857-million)... Continue Reading

Zimbabwe: Kingdom feud not over yet

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Tawanda Karombo Harare – The long standing business feud between South Africa based businessman, John Moxon and Zimbabwean banker Nigel Chanakira – touted as one of the country’s first pioneers of black entrepreneurs – is far from over. Chanakira, whose Kingdom Financial Holdings Limited (KFHL) merged with Moxon’s Meikles Africa Limited in December 2007, has been locked in a bitter battle to wrest control of the financial services concern from Meikles following a merger deal that has turned sour. Upon their merger in 2007, the two companies incorporated Tanganda Tea Company and little known Cotton Printers, to form a blue... Continue Reading