Investment
News : Investment
South Africa: RSA Retail Savings Bond a Gift for Low Income EarnersLow income earners in South Africa have the opportunity to invest in their future with their money guaranteed by Government through Retail Savings Bonds. (AllAfrica)
Namibia: MTC Invests Another N$300 Million
MTC said it is investing nearly N$300 million in its infrastructure since December last year. The money went into reinforcing short message capacity, the deployment of transmissions in various parts of the country and the replacement of the central switching equipment with a next generation architecture. (AllAfrica)
Tanzania: Time to Come Clean on Bio-Fuel Threat
Something fishy is going on in the whole issue of biofuel farming in the country. (AllAfrica)
South Africa: Union Queries Timing of Investec Trades
TRADE union Solidarity has asked the Financial Services Board (FSB) to investigate purchases of shares by two directors of London-listed Investec before the international investment bank claimed last week that inflation figures for SA might have been calculated wrongly. (AllAfrica)
South Africa: Venfin Seeks Brilliance
VENTURE capital funds of R50m have been earmarked to support world-beating ideas being developed in SA by investment house VenFin. (AllAfrica)
Angola: U.S. Engaged in Attracting Investments
United States of America's under-secretary of State for Economic, Energy and Agriculture, Ruben Jeffery, on Tuesday reiterated his country's willing of attracting investments into Angola, essentially in agriculture sector. (AllAfrica)
South Africa: Country, European Union to Strengthen Relations At Summit
South Africa and the European Union are to strengthen relations and address shared bilateral, regional and global interests at the SA-EU Summit that kicks-off on Friday in Bordeaux, France. (AllAfrica)
Zimbabwe: Firms Urged to Take Advantage of Chinese Fair
LOCAL companies have been called upon to take advantage of the forthcoming 12th China International Fair for Investment and Trade, which takes place from September 8 to 11, to promote their products and businesses. (AllAfrica)
Kenya: Bamburi to Invest Sh500 Million In System
Bamburi Cement has announced that it is investing 4.9 million Euros (about Sh514.5 million) in a fleet management programme. (AllAfrica)
Kenya: Nakumatt Invests Sh20 Million in New Bill Payment System
Nakumatt Supermarket, the retail chain has invested Sh20 million in a new information technology switching system. (AllAfrica)
South Africa: Private Equity Firm Seeks Openings in Country
PRIVATE equity investment firm Kingdom Zephyr Africa Management said yesterday it was scouting for investments in SA with a potential to yield high returns for its shareholders, who include Saudi billionaire Prince Alwaleed bin Talal bin Abdulaziz. (AllAfrica)
South Africa: Investment Property Sours on Investors
GLOOM in the residential property market deepened yesterday with new figures showing that 10% of investment properties placed back on the market for sale are being sold for less than the purchase price, a situation described by an economist as a "shocker". (AllAfrica)
Nigeria: Divesting From the Country
ONE of the few recent news items that should concern government and citizens alike is the increasing rate of divestment from Nigeria by leading multi-nationals in the petroleum and other sectors of the economy. (AllAfrica)
Africa: Inga Electric Project Talks on
Roundtable talks on the construction of the World's second largest and Africa's largest power project on the River Congo kickoff today in the DR Congo capital Kinshasa. (AllAfrica)
Uganda: 70 Percent New Vision Extra Shares Taken
OVER 18 million New Vision rights were traded during the initial week of trading at the Uganda Securities Exchange (USE), representing 70% of rights on offer. (AllAfrica)
South Africa: Rally Stalls But Experts Still Find Value in Banks
THE bounce in banking stocks has proved to be short lived, with the JSE's banking index shedding about 4% of its value yesterday. (AllAfrica)
Namibia: NWR Gets Private Partners
Namibia Wildlife Resorts (NWR) has entered into business agreements with five private companies to upgrade and manage some of the parastatal's resorts. (AllAfrica)
Angola: New Infrastructures Needed to Lure Investors Into Luanda Fair
The need for the creation of new infrastructures as a means to attract exhibitors of major technological and financial capacity, particularly big multinationals into investing in Angola, was highlighted Monday in Luanda. (AllAfrica)
Nigeria: Thailand Consortium Proposes $2 Billion Investment in Country
A consortium of Thailand companies made up of Rainbow Energy Limited, PTT public company and Transglobal Energy Funds (TRC) has set aside $2 billion to be invested in Nigeria's energy sector if Federal Government approves their proposal. The targeted areas are the power sector, gas, petrochemical, and agriculture. (AllAfrica)
Liberia: IFC Investment in Salala Rubber to Help Boost Agribusiness, Increase Rural Employment
IFC, a member of the World Bank Group, will provide long-term financing to Salala Rubber, one of Liberia’s leading rubber companies, to help rehabilitate and expand its plantations, optimize processing capacity, and increase employment. The $10 million, 11-year loan is IFC’s largest agribusiness investment to date in this post-conflict country. (AllAfrica)
Ethiopia: Indian Investment Reaches $1.8 Billion - Tata Inernational Opens Office in Addis
The total investment in Ethiopia by 351 Indian companies has become 1.8 billion USD as at April 2008, in a sign of marked surge in number and size of investment from the emerging economy. (AllAfrica)
Rwanda: Pharmacist to Go East African
After investing in health machines in Rwanda, a Rwandan pharmacist is forging partnerships to spread wings to Uganda, Kenya and Burundi. (AllAfrica)
East Africa: Tourism Industry Could Do Better
Several bottlenecks are still dogging the tourism industry in East Africa despite the region having some of the world's leading attractions. (AllAfrica)
Nigeria: Maryam Babangida Harps on Investment in Education
The former First Lady of Nigeria, Dr Maryam Babangida, yesterday in Minna said "Provision of sound education to pupils is the most expensive but profitable venture in the society". (AllAfrica)
Kenya: Demystify Book Building Process
We unapologetically revisit the Safaricom initial public offering (IPO) because the issue must not be swept under the carpet: not least because it is the largest sale of a public asset in Kenya's history. (AllAfrica)
Africa: Private Investment is Transforming Development
Private capital investment in Africa now exceeds the region’s level of official development assistance and that is transforming the African development process, a senior U.S. Treasury official told the seventh annual African Growth and Opportunity Act (AGOA) Forum. (AllAfrica)
South Africa: Making Strategic Equity Investments - the Long and the Short of It
I OFTEN deal with the subject of asset allocation, investment time spans and risk aversion. (AllAfrica)
Angola: Portuguese Entrepreneurs Urged to Continue Investing in Country
The Portuguese prime minister, José Sócrates on Thursday here encouraged his country's businessmen to continue investing in Angola, so as to contribute to the reciprocal development of both states, Angola and Portugal. (AllAfrica)
Uganda: Welcome Investors
THE Uganda Investment Authority has just reported that about 63,000 jobs will be created from the planned investments licensed this year. This is an improvement from the 54,000 jobs from the investments licensed last year. (AllAfrica)
Zimbabwe: Frontier Markets - a Refuge for 'Burning' Investors?
IT is almost a year now since the onset of the global stock markets "bloodshed" and investors are increasingly looking to frontier markets for cover. (AllAfrica)
Kenya: Safaricom Foreign Sell Orders Force Shilling to Lose Ground
The privatisation of Safaricom may have put the Kenyan capital market on the world map, but this close attention by global hedge funds and security traders is coming at a heavy price. (AllAfrica)
