News : Industry

Lesotho:Thabane Ventures Into Diamonds

[Lesotho Times] A LOCAL mining company led by Prime Minister Thomas Thabane's son, Potlako, is in the final stages of prospecting for gems and expects to begin full scale diamond mining operations at Ha Mosuoe, Quthing, before the end of the year. (AllAfrica)

Ethiopia:Ethiopian Airlines Now Flying to Argentina

[East African] Ethiopian Airlines launched its inaugural trip from Addis Ababa to Buenos Aires, Argentina, on Wednesday with an all-female crew. (AllAfrica)

Zimbabwe:Roads Parastatal to Float Diaspora Bond

[The Herald] The Zimbabwe National Road Administration Authority will be floating a diaspora infrastructure bond after successfully raising $105 million from the previous infrastructure bond floated last year. (AllAfrica)

Malawi:Managers Cause Havoc At Standard Bank

[Nyasa Times] All is not well at Standard Bank following the arrival of two foreign managers who are believed to have been yielding too much power than local executive managers although the two managers hold 'lower' positions, Nyasa Times understands. (AllAfrica)

Tanzania:We're Fine, Tazara Contractors Say

[Daily News] The contractor executing the much awaited TAZARA flyover project is optimistic that he will hand over accomplished works to the Tanzania Roads Agency (TANROADS) come October 31, 2018. (AllAfrica)

Tanzania:Firm Starts Making Chemicals Locally

[Daily News] BASF has commissioned a production site for construction of chemicals plant in Dar es Salaam. (AllAfrica)

South Africa:Did Warning Signs for the #Listeriosis Outbreak First Appear in 2016?

[Bhekisisa] Long before red flags were raised, this family fell victim to listeriosis. And this week, tragedy has struck again. (AllAfrica)

Namibia:Govt Gambles With Telecoms Giant

[Namibian] Namibia's communications regulator was pressurised into approving the sale of the private shareholding in MTC Namibia to Namibia Post and Telecommunications Holdings. (AllAfrica)

Zimbabwe:Global Platinum Production to Fall 4%

[The Herald] Global refined platinum production is forecast to fall by four percent to 5 850 ounces in 2018 mainly driven by reduced output from the world's biggest producers, Russia, South Africa and Zimbabwe. (AllAfrica)

South Africa:MTN Multimillion-Dollar Spend On ICT Upgrades

[CAJ News] Johannesburg -MTN Group, the continent's biggest mobile operator by subscriber base, has invested over R31,4 million (US$2,6 million) in rolling out network and information technology (ICT) across its markets over the past year. (AllAfrica)

South Africa:Scorpio - Acsa Gets Five Days to Account for Failure to Suspend Its CEO

[Daily Maverick] The board of the Airports Company of South Africa has been given five days within which to explain why it has failed for a full year to suspend and initiate disciplinary action against the state-owned company's CEO, Bongani Maseko. By JESSICA BEZUIDENHOUT for SCORPIO. (AllAfrica)

Zimbabwe:NetOne Appoints New CEO

[Financial Gazette] Mobile telecommunications operator, NetOne, has appointed Lazarus Muchenje as its new chief executive officer (CEO) with effect from April 1 2018. (AllAfrica)

South Africa:Scorpio - Acsa Wastes R600,000 On Double Payment

[Daily Maverick] The Airports Company of South Africa is splashing out R200,000 a month on a consultant whose fees, in part, are already covered as a "full time resource" under a different contract that the parastatal has with a US consulting firm. By JESSICA BEZUIDENHOUT for SCORPIO. (AllAfrica)

Zimbabwe:Who Is Lazarus Muchenje? the New NetOne CEO

[263Chat] State-owned Mobile Network Operator, NetOne recently confirmed the appointment of Lazarus Muchenje as its new substantive Chief Executive Officer, taking over from Brian Mutandiro who has been holding the position on an interim basis. (AllAfrica)

Tanzania:Global Cement Maker to Set Up Plant in Tanzania

[Citizen] Dar es Salaam -World's leading cement manufacturer, CRH Plc, which has no presence in Africa, now plans to establish its cement and building materials manufacturing plant in Tanzania, a move that might prove a game changer industry in the country. (AllAfrica)

Tanzania:Tanzania - Cement Maker Given Two Weeks to Address Dust Pollution

[Citizen] Dar es Salaam -The government has instructed Twiga Cement to control dust emissions from its facilities so that people living in the neighbourhood would not be affected. (AllAfrica)

Zimbabwe:Key Diamond Miner Says Ground Taxi Anti-Investment

[New Zimbabwe] Murowa diamonds have appealed to legislators to repeal a statutory instrument on ground rentals which the company claims is dispelling investment. (AllAfrica)

Tanzania:Voda Out to Save Premature Babies Lives

[Daily News] MORE than 250 preterm babies have received essential state-of-the-art medical equipment and supplies from the women staff of Vodacom Tanzania as part of an initiative to provide lifesaving support. (AllAfrica)

Africa:A24Media Dedicates $1,000,000 Investment Fund for Disruptive & Innovative Media Technology Developers

[A24] A24Media, Africa's leader in content creation and aggregation is proud to announce a $1 Million Media Technology Investment Fund. This is to support technology developers focused on revenue generating content distribution platforms. A24Media boasts of 15,000 hours of an exclusive content portfolio with the figure poised to rise to at least 16,000 hours by December 2018. (AllAfrica)

Zimbabwe:Telecoms Giant Compensates Customers

[The Herald] Mobile Telecommunications giant NetOne on Monday compensated subscribers on its OneFusion package, who were affected by challenges relating to bundles offered on the popular offering in recent months. The affected subscribers have received 150MB of pure data, valid for 30 days with SMS confirmation notifications on over 177 000 customer handsets. The company said the move was clear testimony of its resolve to provide value for money services to customers. (AllAfrica)

Zimbabwe:NetOne Compensates One Fusion Customers

[Financial Gazette] Mobile Telecommunications giant NetOne on Monday compensated subscribers on its One Fusion package who were affected by challenges relating to bundles offered on the popular offering in recent months. (AllAfrica)

Zimbabwe:Kwes Brings the Best in College Basketball

[Financial Gazette] Kwes TV, will broadcast exclusive coverage of basketball's biggest college tournament, the popular National Collegiate Athletic Association (NCAA) March Madness tournament starting on March 11, 2018. (AllAfrica)

Zimbabwe:NetOne Compensates Subscribers for 'Disappearing Data'

[Financial Gazette] NetOne has disclosed that they compensated 177 000 OneFusion customers for the disruptions faced last month. (AllAfrica)

Tanzania:Dar es Salaam Cement Firm Issued With Two-Month Ultimatum to End Dust Pollution

[Citizen] Dar es Salaam -The government has issued a two-month ultimatum for the Dar es Salaam-based Tanzania Portland Cement Company Limited (TPCCL) - which trades as Twiga - to control dust pollution or face ban. (AllAfrica)

Lesotho:Vodacom Launches New App

[Lesotho Times] VODACOM Lesotho Managing Executive, Rashid Tar-Mahomed, has said the organisation is committed to ensuring that Basotho access world class technology and services with every product introduced in the country. (AllAfrica)

Kenya:KCB Group Maintains Profit of Sh19.7bn in 2017

[Capital FM] Nairobi -KCB Group has posted a profit of Sh19.7 billion for the year ended 2017, a flat growth having posted the same amount in 2016. (AllAfrica)

Tunisia:One Dead After Maersk Line Vessel Catches Fire in Arabian Sea

[Tunis Afrique Presse] A crew member died and four others went missing after fire broke out on a new Maersk Line container vessel in the Arabian Sea, the company said. (AllAfrica)

Namibia:Telecom Threatens to Suspend Accounts

[Namibian] Telecom Namibia has once again threatened to close accounts of clients who are in arrears, should they not be paid up by Sunday, 11 March. (AllAfrica)

Namibia:Govt to Scrap Preferential Tax

[Namibian] Manufacturers in Namibia will no longer get special treatment of paying less tax than everyone else as the policy will be reviewed in an attempt to phase out the preferential tax system. (AllAfrica)

South Africa:Scorpio - McKinsey's Double Jeopardy Conundrum Over R1 Billion Payback to Eskom

[Daily Maverick] McKinsey & Co's offer to pay back that controversial R1-billion to Eskom is not quite as clear-cut as the global consulting firm has made out. It has a catch - one that sounds more like a get-out-of-jail free card. By JESSICA BEZUIDENHOUT for SCORPIO. (AllAfrica)

South Africa:Striking Gupta Mineworkers Demand Answers About Their Future

[News24Wire] Striking mineworkers at Gupta-owned Optimum Coal Mine have demanded to know the "truth of the sale" of the mine. (AllAfrica)