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  • Kenya: M-Pesa Registers Sh2.5 Trillion in Transactions at Safaricom\'s Half Year Results

    Posted on :Friday , 6th November 2015

    Safaricom's money transfer service M-pesa transacted Sh2.5 trillion in the last six months.

     
    The firm's CEO Bob Collymore made the announcement during the half year financial results release at the Michael Joseph Center in Nairobi on Thursday.
     
    Collymore attributed the 24 per cent spike in revenue from M-pesa to an increase of customers . . .

  • Tanzania: Panasonic Banks On New Smart Devices

    Posted on :Friday , 6th November 2015

    Panasonic Corporation is betting on 12 of its new smart gadgets to drive its sales in the Middle East and Africa Region.

     
    The gadgets have been deliberately designed to improve the way Panasonic's business partners conduct their daily undertakings, the Panasonic Marketing Middle East and Africa (PMMAF) Managing Director, Mr Shinichi Wakita, said at the just ended- Gu. . .

  • Africa Growth, UK Business Boost Old Mutual Sales

    Posted on :Friday , 6th November 2015

    Old Mutual [JSE:OML] on Wednesday posted strong third quarter results with gross sales up 31% to R172.53bn.

     
    Investors initially cheered the news, sending the share price up over 3% to reach a new record high of R47.15. However, by 16:30 the shares were changing hands up only 0.57% at R45.89 from the previous close.
     
    Old Mutual Emerging . . .

  • FASTER IMPORTS CLEARANCE AS STATE EXPANDS PRE-SHIPMENT SCRUTINY LIST

    Posted on :Thursday , 5th November 2015

    The pace and efficiency of import cargo clearance at the various ports of entry is expected to improve following a move by the government to expand the list of goods inspected at the point of origin before shipment into the country.

    “Having more goods in the pre-shipment inspection arrangement is good for us because we will have lesser work here in terms of inspection. Good. . .

  • Namibia: Stevens Trading Opens Garment Factory in Okahandja

    Posted on :Thursday , 5th November 2015

    Stevens Trading and Manufacturing, which produces safety-wear and corporate clothing, on Monday opened a new garment factory in Okahandja to compliment their already existing factory in Swakopmund, their retail outlet in Ongwediva and their headquarters in Windhoek.

     
    The husband and wife team of Lukas and Natalie Steven invested approximately N$750 000 into the new f. . .

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