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Archive In BusinessRead the latest news for Business in Africa
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Finance
Data Revenue Now 17% Of MTN’s Total Turnover.
JSE-listed emerging market mobile operator, MTN, has revealed that data revenue now contributes as much as 17 percent of the company overall returns.
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Strategies & Solutions
People Are Fundamental To Successful Integrated Business Planning.
Companies that do Integrated Business Planning (IBP), and do it well, are more efficient, more effective, and make more money than those who don’t.
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Telecommunication
MTN Subscriber Growth Struggles Under Stiff Competition.
Africa’s largest mobile operator, MTN Group, has cited stiff competition and tougher regulation in its key Nigerian market as reasons for its uninspiring 2 percent subscriber rise in the third quarter of 2014 ended September...
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Finance
GTBank’s Pre-tax Profit Falls Again .
Top tier Nigerian lender Guaranty Trust Bank continued its trend of mixed results as it reported a pre-tax profit drop against a rise in revenue in the third quarter of 2014 ended September 30.
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Media & Entertainment
Millicom Links Up With Deezer On Tigo Music Launch.
Millicom, an international telecommunications company has teamed up with music streaming service Deezer, to launch Tigo Music in five markets in Africa.
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Telecommunication
MTN Trims Planned 850 Managerial Lay Off By Half.
MTN Group disclosed today it plans to lay off about half of its 850 managerial staff in South Africa, its home market.
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Investors
Imperial Acquires 70% Stake In Netherlands-based Imres.
JSE-listed auto dealer and logistics group, Imperial Holdings, on Thursday said it had acquired 70 percent stake in Imres BV, the Netherlands-based wholesaler of pharmaceutical and medical supplies to NGOs, hospitals and retailers targeting emerging...
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Finance
Juhayna To Post Better Results Next Year After Poor Showing.
Juhayna is likely to post a better set of numbers in the next financial year (2015), Egypt’s biggest maker of packaged juice and dairy products, said this week.
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Pharma & Healthcare
Ebola: UEFA And CAF In Bitter Spat Over AFCON 2015.
The current questions hanging over AFCON 2015 as a result of the scourge of the Ebola Virus Disease could lead to a full blown spat between continental football governing bodies, Europe’s UEFA and Africa’s CAF.
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Finance
Nigeria’s Apex Bank Develops Consumer Protection Framework.
The apex bank of Africa’s largest economy (CBN) has initialized processes that will see the development of an effective consumer protection framework to provide default standards for consumer service, market discipline and fair treatment of...