Archive In BusinessRead the latest news for Business in Africa

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  Management

  Why Your Budget Doesn’t Work. A vast majority of people use an already prepared spending plan. According to a Gallup poll, only about a third of Americans prepared a detailed household budget in 2013.
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  Strategies & Solutions

  BHP Billiton Has Increased Production By Almost 10%. JSE-listed resources firm, BHP Billiton, on Wednesday said production increased 9 percent during the December 2014 half year with records achieved for eight operations and five commodities.
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  Mining & Construction

  DRDGold Expects 6% Gold Production Growth This Year. JSE-listed gold miner, DRDGold, on Wednesday said it is likely to increase gold production 6 percent for the six months ended 31 December 2014.
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  Telecommunication

  MTN May Cut More Jobs This Year. Multinational telecommunication company, MTN Group, says it plans to reorganise its enterprise business unit in South Africa, as revenues dwindle due to competition. “We are reorganising to enhance our customer service and market differentiation.
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  Economic Development & Policies

  Why Foreign Investors Are Having A Rethink About Ghana’s Real Estate Market. An old school friend once told me in 1999 that Ghana would one day become the ‘Jewel in the Crown’ of West Africa.
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  Economic Development & Policies

  Rwanda Showcases Tourism Potentials In The Netherlands. The tourism juices of Rwanda have consistently improved in taste, and with the country’s recent participation at the annual Vakantiebeurs tourism exhibition, a high-profile event in the Netherlands, more potentials could just be seen from...
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  Finance

  MIRCROmega Chairman Dave King Moves To Clear Air Over Tax Allegations. Dave King, the executive chairman of MICROmega, the JSE-listed investment holding company, on Thursday moved to make clear his position around his 2013 tax settlement with South Africa’s tax man, the South African Revenue Services...
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  Advisor Network

  What Drives FDI Towards Africa? “1:5 – it is estimated that in 30 years’ time, one in every five children will live in Africa, and the continent will have the largest working-age population.
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  Energy

  Swala Energy Hires UK Financial Advisor Over Sale Of East African Oil Assets. Australian oil firm, Swala Energy Limited, has appointed London-based FirstEnergy Capital LLP as financial adviser to the Company as it mulls over sale of some of its interests in East Africa.
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  Strategies & Solutions

  Ecobank To Petition $15m Compensation Ruling For Ex-CEO. Pan-African banking group, Ecobank Transnational Incorporated (ETI), has revealed that it will challenge the ruling by a commercial bank directing it to pay former Chief Executive, Thierry Tanoh, $15 million.