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Strategies & Solutions
Nigerian Entrepreneur Appointed To The East African Business Network Board.
Managing Director of Lagos-based, business management consultancy firm, Courteville Business Solutions, Bola Akindele, has been selected to join the board of directors of the East Africa Business Network (EABN).
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AgriBusiness
Why Dumping Local Diet For Foreign Cuisine Is Dangerous For Africa.
“Africans are eating like the rest of the world, but what they are eating isn’t necessarily good for them,” writes Carlos Lopes, the Executive Secretary of the Economic Commission For Africa in his blog.
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Energy
Cairn Energy Announces Exploration Programme In Senegal.
Cairn Energy, among Europe’s leading independent oil and gas explorers, is poised to deliver a multi-well appraisal and exploration programme in Senegal this year, Group CEO, Simon Thomson, said on Tuesday.
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Retail & Manufacturing
Truworths International Posts 5.2% Increase In Retail Sales.
Leading clothing retailer, Truworths International, on Tuesday said group retail sales for the first 26 weeks ended December 28 2014 increased by 5.2 percent to R6.2 billion ($537.9 million) over the previous corresponding period.
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AgriBusiness
Can Falling Oil Prices Reduce Global Hunger?
percent in a fashion that is simply unprecedented. While this has been devastating for a number of entities including highly oil dependent economies like Venezuela and Nigeria, there are some gains to be counted, nonetheless.
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Media & Entertainment
SuperSport, Zuku Sport Seal Broadcast Deals For Super Bowl.
The global appeal of the NFL has found its way to the continent of Africa as Supersport and Zuku Sport have confirmed deals to broadcast next month’s Super Bowl across Africa.
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Finance
Mobinil, Vodafone, Telecom Egypt Agree On $2bn Infrastructure-Sharing Deal.
Telecom Egypt, the North African country’s fixed like operator, had signed a $2 billion contract to provide infrastructure and global calling services to mobile operators Mobinil and Vodafone, it emerged on Tuesday.
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Finance
Shoprite’s Sales Hit $4.9bn In Six Months.
JSE-listed food retailer, Shoprite, on Wednesday said turnover for the six months to December 2014 soared 12.5 percent from R51.1 billion ($4.4 billion) to R57.5 billion ($4.9 billion).
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Finance
SWIFT Extends Sanctions Screening To Support All Financial Transaction Formats.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has announced the extension of its Sanctions Screening service to support all messages used in financial transactions, regardless of format or financial network.
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Finance
Massmart’s Annual Sales Surge 10.4%.
JSE-listed general retailer, Massmart, on Wednesday said total sales for the 52 weeks to December 2014 surged 10.4 percent to R78.2 billion ($6.7 billion).