BMW gives thumbs up for company's local operations Business Report | By Roy Cokayne | Submit your comment | BMW of gemany has given the future viability of its operations and investments in South Africa the thumbs up and expressed confidence about the stability of the business and political environment in the country. | Norbert Reithofer, the chief executive...
Africa's illicit money sent to Western banks The Independent | Several African leaders, their relatives and associates used Western banks, including British ones, to move hundreds of millions of dollars out of their countries and into accounts and companies they controlled, according to a US Senate report released late last week. | It says that, in 2007, Pres...
Woman's body found on Fort Huachuca The Examiner Comments SIERRA VISTA, Ariz. (Map, News) - An Army soldier hiking in a wilderness area on Fort Huachuca discovered a woman's body Saturday afternoon. | Post Public Affairs Officer Angela Moncur said the soldier was hiking in Scheelite Canyon in the H...
Debate on nationalising the mines in South Africa Metals Place | A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South Africa to be nationalized. The demand was predicated ...
Fires rage on in the Cape Independent online | Wildfires continued to rage in the southern Cape on Monday with 180 veld and forest fire-fighters on the ground beating back flames at seven different blazes, authorities said. | The head of disaster management in the region, Gerhard Otto, said lat...
Web: German study could help local car dealerships Business Report | By Roy Cokayne | Submit your comment | A number of “shocking” business practices by vehicle dealerships has been uncovered by study of 424 dealerships in Germany. | The results of the survey can provide some pointers to beleaguered dealershi...
The 2010/11 Budget Tightrope All Africa On Monday, Finance and Development Planning Minister, Kenneth Matambo, will take the long walk through the corridors of the National Assembly and enter the august House, to present a Budget observers agree will be more bitter than sweet. | ...
People's Plea to Finance Minister All Africa Newly appointed Finance and Development Planning minister, Kenneth Matambo presents his 2010 Budget Speech on Monday. | ...
WN / james
Egypt seeks Chinese investment China Daily | Egyptian Minister of Investment Mahmoud Mohieldin is paying a three-day official visit to China that began Jan 27 to promote the two countries' trade and attract more Chinese inv...
Egypt restores part of Luxor's "Sphinx Avenue" The Star | CAIRO (Reuters) - Excavations on part of an ancient 2.7 km long avenue of sphinxes that once linked temples in Luxor and Karnak should be completed in March, Egypt's antiquities ...
Tullow looks to China and Total after Heritage Ugandan deal The Guardian | The long running saga of the Ugandan oil assets jointly owned by and Heritage Oil seems to be heading towards a resolution. | Heritage had put its half share of the fields up for sale and accepted a $1.5bn bid from Italy's Eni, before Tullow steppe...
Botswana spending seen tight in 2010 budget Business Report | * Budget deficit seen pushing limit of 10 percent of GDP | Submit your comment | Botswana's government is likely to announce a tough budget on Monday, with Finance Minister Kenneth Matambo struggling to fund development plans while revenues ...
UPDF to Recruit More Skilled People All Africa THE army has announced plans to recruit more people with special skills that are vital in the ongoing professionalisation of the force. | ...
'Abuja Light Rail to Be Ready 2012 Not 2013' All Africa The multi-billion naira Abuja light rail project would be completed and ready for use by the year 2012 not 2013, FCT Minister Senator Adamu Aliero has said. | ...
Melrose Resources strikes oil in Egypt Money Week | Melrose Resources has found oil at its South Damas No.1 exploration well in Egypt. | The company penetrated 76 feet of net gas pay with good reservoir properties after drilling down 4,345 feet in the Sidi Salim formation in the South East Mansoura concession. | A preliminary estimate of the discovered reserves is 30 billion cubic feet of gas equi...
Addressing the food versus fuel debate in Ghana Business Day Online Concerns over energy supply security and oil-price volatility are generating greater interest in alternative energy sources in Ghana. Civil society groups want a comprehensive biofuel policy. Godwin NNANNA in Accra writes that so far the policy has been slow in coming | The lines between energy and agriculture are becoming more blurred. As science ...