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African Press Review 11 June 2013
- Country news
- 6 days ago
- by All Africa Global Media
Piglets in South Africa , the International Criminal Court's Fatou Bensouda , a spat between Rwanda's Paul Kagame , Tanzania's Jakaya Kikwete - all in today's African press .... "Rand's fall sinks hopes of reprieve for currency," reads the main headline in this morning's South African paper, BusinessDay. Hopes of a possible reprieve for the rand were dashed on Monday after the...
- Countries : Africa
Microsoft Offers 14.6 Mln Usd In S. Africa Job Plan
- Country news
- Jun 7, 2013
- by Xinhua News Agency
JOHANNESBURG , 2013-06-07 (Xinhua) -- South Africa's National Jobs Fund , Microsoft on Friday signed a contract of 29.2 million U.S. dollars to create 3,000 jobs for IT related graduates over the next 3 years. as reported by a report from the local Business Report, the global software developer will operate this project w...
- Countries : Africa, South Africa
Africa Country Update - 2013-06-06
- Country news
- Jun 6, 2013
- by All Africa Global Media
THE African continent has been leading the world in terms of economic growth, exceeding the developed economies in recent years especially after the 2008/09 world economic recession. Between 2009 , 2012, Africa expanded by an average of 4,5 % while the world economy grew by an average of 3,2 %. Africa is estimated to grow by at least 6 % in the next decade , the world...
- Countries : Africa
Eac 2013-14 Budget Drops To Sh11 Billion
- Country news
- May 31, 2013
- by All Africa Global Media
The chairman of the East Africa Community (EAC) Council of Ministers Shem Bageine has presented budget estimates for the coming financial year 2013/2014 of Sh11 billion to the East African Legislative Assembly sitting in Kampala . The 2013/2014 budget which is down from Sh11.8 billion in the current financial year prioritises consolidation of the Common Industry , completion of negotiation...
- Countries : Africa
Sanusi - Cbn Won't Rush To Cut Interest Rate
- Country news
- May 28, 2013
- by All Africa Global Media
The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Monday restated that the central bank will not rush to cut interest rate even as inflation is forecast to remain within its target this year. "Rate reductions will depend on whether the government can control spending," Bloomberg quoted Sanusi to have said in an interview in Marrakech, Morocco , where he is at...
- Countries : Africa
Regional Integration For Africa S Structural Transformation [al Bawaba Business]
- Country news
- May 24, 2013
- by Al Bawaba Ltd.
Africa needs accelerated growth , structural transformation in order to take the bulk of its population out of poverty. Critical to the attainment of this structural transformation is without a doubt the regional integration of the continent s weak, small , disparate economies. Regional integration, it is clear, is indispensible to building the economies of scale , achieving the ...
Sales People In Demand - Survey
- Country news
- May 22, 2013
- by All Africa Global Media
Some 92 % of East African businesses recently surveyed, are planning to hire or maintain employees as they eye revenue increases of an average 58 % this year. Peter Vieira , Regus, region Director for East Africa , Zambia , said the figures not only show that firms are looking to recruit, but also to invest in sales , marketing. "This shows that companies feel it's the right time to go o...
Waifem Regional Course Underway
- Country news
- May 21, 2013
- by All Africa Global Media
The West African Institute for Financial , Economic Management (WAIFEM) Monday began a 4-day regional course on Fundamentals of Macroeconomic Analyses for participants drawn from WAIFEM member regions. The course is being held at the Paradise Suites Hotel in Kololi. Speaking at the opening ceremony, Professor Akpan H. Ekpo , director general of WAIFEM, explained that the Institute wa...
Kagame's Address At Said Business School, Oxford University May 18, 2013
- Country news
- May 20, 2013
- by All Africa Global Media
President Paul Kagame on Saturday was in the UK , where he addressed the Rwanda Day 2013. Earlier in the day, he attended the Fifth Annual Oxford Africa Business Conference at Said Business School . There, he became the inaugural recipient of the Distinction of Honour for African Growth Award, for presiding over Rwanda's rebirth. Below is the speech the President delivered at the varsity...
African Financial Outlook- Africa's Waking Giants [african Banker]
- Country news
- May 16, 2013
- by Al Bawaba Ltd.
EGYPT The enormous political upheaval in North Africa is far from over, , Egypt's protracted transition continues to cast a shadow over the economy. The International Monetary Fund cut the region's growth forecasts for 2013 to 2 per cent, , a proposed US Dollars 4.8 billion standby agreement from the fund has foundered on the new government's inability to propose a credible economic plan...
- Countries : Africa
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