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Archive for September, 2008

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State Bank Mauritius’ Profits reach an all time high

Friday, September 26th, 2008

As SBM celebrates its 35 years of existence this year, the Group’s net profit for the year ended June 30, 2008 reached an all time high of Rs 2.1Bn, representing a growth of 41% compared to the previous year.

Ecobank is CIMG bank of the year in Ghana again

Friday, September 26th, 2008

Out of a total of 23 banks surveyed in all of Ghana, Ecobank came out tops of the awards at the 19th CIMG Marketing Awards held at the Banquet Hall of the State House in Accra recently.

Safaricom’ acquisition of One Comm to boost its data service business

Friday, September 26th, 2008

Safaricom’s acquisition of One Communications Ltd (‘One Comm’), an internet service company signaled its intention to become a major player in the data market. This is a move is by large expected to set the stage for more fierce competition in the data market and on the pricing front.

Mobile phone companies engage in tariff competition

Friday, September 26th, 2008

The second largest mobile operator in Kenya, Zain Kenya (‘Zain’) has announced a 60% reduction on call costs across all the local networks. The company has introduced a new tariff, vuka, which charges a flat rate of Kshs 8.00 per minute for calls to any local network.

Sasol cracks Dow Jones sustainability world index list

Thursday, September 25th, 2008

Sasol has been listed on the Dow Jones Sustainability World Index (DJSI). This index comprises the leading 10% of the largest 2,500 global companies in terms of corporate sustainability and provides a platform to encourage corporate progress towards sustainability and long-term business success.

Africa investor and Standard Bank launch Chinese investment magazine in Beijing

Tuesday, September 23rd, 2008

Africa investor, a leading international investment communications group and Standard Bank, today launched a dedicated bi-monthly Chinese language pan African investment magazine.

Africa investor launches SRI Index with NEPAD and the UN

Friday, September 19th, 2008

Africa investor (Ai), a leading international investment research and communications group, announced the launch of its Socially Responsible Investment (SRI) Index Series (the Africa investor SRI 50 & Africa investor SRI 30) at the United Nations in New York

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