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Archive In BusinessRead the latest news for Business in Africa
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General
This Organisation’s Best Director Leaves, And Its Employees Are ‘Jubilant’.
The just-departed Managing Director of Nigeria’s Security and Exchange Commission (SEC), Arunma Oteh, revamped the country’s exchange regulatory body into a more reputable organisation both locally and internationally.
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Management
Why Mentoring Matters.
Confidence is a precious thing in business.
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Telecommunication
East Africa’s One Network Area Is Picking Up Steam.
As part of ongoing regional integration efforts, the East African Community (EAC), last year, agreed to harmonize telecommunications services within the region such that all calls between member countries will be billed as though they...
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International
Helios To Sell Half Its Stake In Kenya’s Equity Bank.
Kenya’s Equity Bank said on Friday that Africa focused investment firm, Helios, will sell half of its stake in the lender to Norfininvest AS.
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Pharma & Healthcare
Operations Head Of South African Pharmaceutical Heavyweight Will Step Down In March.
JSE-listed health and beauty products retailer, Clicks, on Friday said its chief operating officer (COO), Keith Warburton, had resigned effective March 31 this year after nearly two years at the helm of the firm.
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Telecommunication
Five Ways African Telcos Can Boost Network Quality.
The Mobile revolution in Africa has become one of the spectacular success stories of the ongoing 21st century.
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Finance
Zambia-Tanzania Railway Reopens After Workers End Strike Action.
with Tanzania-Zambia Railway have agreed to call off their strike action over a pay dispute, ending a four-day standoff that has blocked copper exports from landlocked Zambia. “The suspension of operations, which was announced on Monday 12...
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International
Foschini Pays $216m For UK-based Women Clothing Retailer.
JSE-listed clothing retailer, Foschini Group, on Friday said it had acquired 85 percent of the UK-based women clothing retailer, Phase Eight, for R2.5 billion ($216.8 million).
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Energy
Oando Rights Issue Extended By Two Weeks.
Leading Nigerian energy company, Oando, has extended its offer on the rights issue to January, 28th 2015 as opposed to the initial date of January 14th 2015.
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AgriBusiness
Boko Haram’s Latest Attack Shows Rising Threat To Nigeria’s Food Security.
It is less than a month to Nigeria’s crucial presidential election, but while the aspirants tour the country to woo electorates, somewhere in the country’s northeast, hundreds of bodies are littered across two towns as...