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Archive for December, 2008

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Safaricom signs ICT deal with JKUAT

Tuesday, December 23rd, 2008

Leading communications provider Safaricom and a local university have entered into a partnership for the enhancement of Information and Communications Technology (ICT) training in Kenya.

Morocco’s Attijariwafa Bank buys French Credit Agricole stakes in Africa

Friday, December 12th, 2008

France’s retail bank, Credit Agricole, signed Tuesday an agreement with Morocco’s Attijariwafa Bank to sell its stakes in some African branches to the Moroccan bank, local MAP news agency reported on Wednesday.

BHP’s Manganese Production Reduction

Thursday, December 11th, 2008

BHP Billiton today announced that it is temporarily cutting manganese production at its 60 per cent owned Samancor (Pty) Ltd operation due to weak market conditions. The cuts are expected to reduce ore production by 21 per cent and alloy production by 23 per cent for FY2009.

SABMiller to create 15,000 jobs through small-scale agriculture

Thursday, December 11th, 2008

SABMiller, one of the world’s leading brewers, today announces its intention to significantly increase its use of local sourcing, as part of a commitment to maximise economic development in the markets where it operates.

Namibia Breweries’ earnings growth above expectations

Wednesday, December 10th, 2008

Leading beverage manufacturer Namibia Breweries Limited (NBL), a member of the Ohlthaver & List Group, today announced its full financial results for the year ended 30 June 2008.

Vodafone, Safaricom and Western union announce partnership

Monday, December 8th, 2008

Vodafone, Safaricom and The Western Union Company announced today that they will partner to pilot a cross-border Mobile Money Transfer (MMT) service between the U.K. and Kenya.

Homeowners and small businesses to benefit as Barclays cuts rates

Friday, December 5th, 2008

Barclays customers are benefiting from the announcement that the Bank of England base rate will decrease by 1 percentage point.

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