Top Regional Business and Finance News

STANBIC BANK UGANDA LIMITED (SBU) LISTS ON THE USE

Uganda Securities Exchange - 25 Jan, 2007

Trading today at the Uganda Securities Exchange witnessed the official listing of Stanbic Bank Uganda Limited, with its share price opening at Ushs 150 per share, oscillating to a high of Ushs 240 per share before closing the session at Ushs 205 per share. The counter recorded a total turnover of Ushs 4,718,169,

STANBIC BANK UGANDA LIMITED (SBU) LISTS ON THE USE

Uganda Securities Exchange - 25 Jan, 2007

Trading today at the Uganda Securities Exchange witnessed the official listing of Stanbic Bank Uganda Limited, with its share price opening at Ushs 150 per share, oscillating to a high of Ushs 240 per share before closing the session at Ushs 205 per share. The counter recorded a total turnover of Ushs 4,718,169,

3G introduction in SA could soon reduce phone bills

afrol - 18 Mar, 2005

Africa's biggest mobile phone operator MTN recently announced a multi-million dollar software deal with global billing firm Intec with the aim of launching 3G (third generation) mobile communications in South Africa. This deal is a significant win for many reasons - and not just for the companies involved. It could soon provide South Africans with cheap basic local calls.

3G introduction in SA could soon reduce phone bills

afrol - 18 Mar, 2005

Africa's biggest mobile phone operator MTN recently announced a multi-million dollar software deal with global billing firm Intec with the aim of launching 3G (third generation) mobile communications in South Africa. This deal is a significant win for many reasons - and not just for the companies involved. It could soon provide South Africans with cheap basic local calls.

Angola stock exchange to open this year

afrol - 21 Feb, 2005

The government of Angola has announced its plans to fast-track the planned opening of its Stock Exchange. Angola is one of the few countries in the Southern African region that still does not have its own stock market, despite the fact that the country is turning into one of the main economies of the region. The bourse is expected to boost investments in the country.

Angola stock exchange to open this year

afrol - 21 Feb, 2005

The government of Angola has announced its plans to fast-track the planned opening of its Stock Exchange. Angola is one of the few countries in the Southern African region that still does not have its own stock market, despite the fact that the country is turning into one of the main economies of the region. The bourse is expected to boost investments in the country.

Next West African cocoa harvest "without slave labour"

afrol - 14 Feb, 2005

West Africa's cocoa plantations have long been ill-reputed for their use of forced labour and child labour, giving chocolate a bitter taste. In 2001, however, the global chocolate and cocoa industry bowed into pressure and promised to improve the poor labour conditions, particularly in Côte d'Ivoire and Ghana. Already this year, monitoring and certificates are set to show results.

Next West African cocoa harvest "without slave labour"

afrol - 14 Feb, 2005

West Africa's cocoa plantations have long been ill-reputed for their use of forced labour and child labour, giving chocolate a bitter taste. In 2001, however, the global chocolate and cocoa industry bowed into pressure and promised to improve the poor labour conditions, particularly in Côte d'Ivoire and Ghana. Already this year, monitoring and certificates are set to show results.

Volkswagen to build assembly plant in Angola

afrol - 04 Feb, 2005

Volkswagen and its Angolan partner ANCAR have announced that they are to build an assembly plant in the outskirts of Angola's capital, Luanda. ANCAR will invest US$ 48 million to build an assembly line for the production of VW and Škoda model vehicles, a central parts store, a training centre and an Angola-wide dealer network.

Volkswagen to build assembly plant in Angola

afrol - 04 Feb, 2005

Volkswagen and its Angolan partner ANCAR have announced that they are to build an assembly plant in the outskirts of Angola's capital, Luanda. ANCAR will invest US$ 48 million to build an assembly line for the production of VW and Škoda model vehicles, a central parts store, a training centre and an Angola-wide dealer network.

Ghana's ICT sector is up to speed

afrol - 03 Feb, 2005

Despite competing against continental heavyweights South Africa and Egypt, Ghana managed to come out tops to the host of the Africa Regional Conference of the World Summit on the Information Society (WSIS), currently being held here in Accra. Ghana's accelerating communication technology sector had shown the way ahead.

Ghana's ICT sector is up to speed

afrol - 03 Feb, 2005

Angola notes boom in cellphone use

afrol - 28 Jan, 2005

Angola notes boom in cellphone use

afrol - 28 Jan, 2005

First oil from Bomboco Field in Cabinda, Angola

afrol - 05 Jan, 2005

First oil from Bomboco Field in Cabinda, Angola

afrol - 05 Jan, 2005

Top Regional Economic News

Lesotho reviewing labour code

afrol - 17 Mar, 2005

The government of Lesotho is in the process of reviewing the country's controversial labour code, which currently favours investors rather than workers. Lesotho's Ministry of Employment and Labour has invited all stakeholders to participate in discussions, but the country's chronically weak trade unions are given little chance to influence the outcome.

Lesotho reviewing labour code

afrol - 17 Mar, 2005

The government of Lesotho is in the process of reviewing the country's controversial labour code, which currently favours investors rather than workers. Lesotho's Ministry of Employment and Labour has invited all stakeholders to participate in discussions, but the country's chronically weak trade unions are given little chance to influence the outcome.

Budget presented in Lesotho parliament

afrol - 18 Feb, 2005

Lesotho's budget for the 2005-06 fiscal year this week was presented in parliament. The budget foresees a higher tax threshold "to give a break to low income earners," decentralisation and other reform efforts and more spending on education and the HIV/AIDS pandemic.

Budget presented in Lesotho parliament

afrol - 18 Feb, 2005

Lesotho's budget for the 2005-06 fiscal year this week was presented in parliament. The budget foresees a higher tax threshold "to give a break to low income earners," decentralisation and other reform efforts and more spending on education and the HIV/AIDS pandemic.

IMF gives Zimbabwe another chance

afrol - 17 Feb, 2005

The International Monetary Fund (IMF), which threatened with the "compulsory withdrawal of Zimbabwe" one year ago, yesterday decided to give Harare authorities one last chance to avoid expulsion. The reconciling move by the IMF had come after Zimbabwe had made larger efforts to comply with the Fund's demand during the last year, including down-payments of US$ 16.5 million.

IMF gives Zimbabwe another chance

afrol - 17 Feb, 2005

The International Monetary Fund (IMF), which threatened with the "compulsory withdrawal of Zimbabwe" one year ago, yesterday decided to give Harare authorities one last chance to avoid expulsion. The reconciling move by the IMF had come after Zimbabwe had made larger efforts to comply with the Fund's demand during the last year, including down-payments of US$ 16.5 million.

Large ammonia plant in Egypt financed

afrol - 17 Feb, 2005

A large-scale new ammonia plant is to be built in Egypt's Suez Industrial Zone, further increasing the country's significant ammonia and fertilizer production and exports. American suppliers to the plant today achieved government guarantees to secure their investments here.

Large ammonia plant in Egypt financed

afrol - 17 Feb, 2005

A large-scale new ammonia plant is to be built in Egypt's Suez Industrial Zone, further increasing the country's significant ammonia and fertilizer production and exports. American suppliers to the plant today achieved government guarantees to secure their investments here.

Britain pays part of Ghana's debts

afrol - 15 Feb, 2005

The British government today announced its decision to pay US$ 79.9 million of Ghana multilateral debt between 2005 and 2015. The offer from London is extraordinary in the context of debt cancellation as the British government is taking responsibility over money not owed to London. Ghana's Finance Minister already has signed the agreement that transfers the debt to the UK.

Britain pays part of Ghana's debts

afrol - 15 Feb, 2005

The British government today announced its decision to pay US$ 79.9 million of Ghana multilateral debt between 2005 and 2015. The offer from London is extraordinary in the context of debt cancellation as the British government is taking responsibility over money not owed to London. Ghana's Finance Minister already has signed the agreement that transfers the debt to the UK.

Lesotho hopes for diamond mining investments

afrol - 11 Feb, 2005

The potential viability of Lesotho's Liqhobong diamond mine, currently under construction, "has sparked the interest of European investors," according to the government. Also the Letseng diamond mine, opened in November last year, is showing remarkable results.

Lesotho hopes for diamond mining investments

afrol - 11 Feb, 2005

Ghana hails Japan's debt cancellation

afrol - 11 Feb, 2005

Ghana hails Japan's debt cancellation

afrol - 11 Feb, 2005

Zambia notes higher than expected growth

afrol - 09 Feb, 2005

Zambia notes higher than expected growth

afrol - 09 Feb, 2005

Angola's Cabinda has more onshore than offshore oil

afrol - 01 Feb, 2005

Angola's Cabinda has more onshore than offshore oil

afrol - 01 Feb, 2005

Morocco-US free trade agreement implemented

afrol - 31 Jan, 2005

Morocco-US free trade agreement implemented

afrol - 31 Jan, 2005

Top Press Releases

BATU

British American Tobacco Uganda Limited - 12 Mar, 2007

BATU

British American Tobacco Uganda Limited - 12 Mar, 2007

UBA, BANK PHB AND OCEANIC TOP BANKING ACTIVITY

United Bank For Africa plc - 29 Dec, 2006

UBA, BANK PHB AND OCEANIC TOP BANKING ACTIVITY

United Bank For Africa plc - 29 Dec, 2006

TransCorp Initial Public Offering Opens Today

Transnational Corporation of Nigeria Plc - 28 Dec, 2006

TransCorp Initial Public Offering Opens Today

Transnational Corporation of Nigeria Plc - 28 Dec, 2006

TRANSNATIONAL CORPORATION OF NIGERIA PLC (TRANSCORP)

Nigerian Stock Exchange - 22 Nov, 2006

TRANSNATIONAL CORPORATION OF NIGERIA PLC (TRANSCORP)

Nigerian Stock Exchange - 22 Nov, 2006

DUNLOP SETS FOR CAPITAL MARKET

Dunlop Nigeria plc - 20 Nov, 2006

DUNLOP SETS FOR CAPITAL MARKET

Dunlop Nigeria plc - 20 Nov, 2006

Other Regional Headlines

Accountant Accused of Sending Cellphone Porn Pics to Girl, 12

All Africa Global Media - 27 Aug, 2006

A CHILD abuse action group is planning to protest at the next court appearance of an accountant who allegedly sent pornographic cellphone images to a 12-year-old girl.

Accountant Accused of Sending Cellphone Porn Pics to Girl, 12

All Africa Global Media - 27 Aug, 2006

A CHILD abuse action group is planning to protest at the next court appearance of an accountant who allegedly sent pornographic cellphone images to a 12-year-old girl.

SA Patients Offered Cut-Price Ops in India

All Africa Global Media - 27 Aug, 2006

SA Patients Offered Cut-Price Ops in India

All Africa Global Media - 27 Aug, 2006

SA opposition refused entry to Zimbabwe

afrol - 18 Feb, 2005

SA opposition refused entry to Zimbabwe

afrol - 18 Feb, 2005

Nigeria considers military action against Togo

afrol - 15 Feb, 2005

Nigeria considers military action against Togo

afrol - 15 Feb, 2005

San eviction trial goes on in Botswana

afrol - 11 Feb, 2005

San eviction trial goes on in Botswana

afrol - 11 Feb, 2005

Zimbabwe opposition to take part in polls

afrol - 04 Feb, 2005

Zimbabwe opposition to take part in polls

afrol - 04 Feb, 2005

South Africa union again expelled from Zimbabwe

afrol - 03 Feb, 2005

South Africa union again expelled from Zimbabwe

afrol - 03 Feb, 2005

"Iran did not buy uranium from Namibia," govt

afrol - 01 Feb, 2005

Malawi President to face impeachment

afrol - 01 Feb, 2005

"Iran did not buy uranium from Namibia," govt

afrol - 01 Feb, 2005

Malawi President to face impeachment

afrol - 01 Feb, 2005

Increased pressure for Tunisia democratisation

afrol - 31 Jan, 2005

Increased pressure for Tunisia democratisation

afrol - 31 Jan, 2005