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The managing director of the Kenya Broadcasting Corporation (KBC) David Waweru has been sacked. var params873540 = {}; var attributes873540 = {}; var flashVars873540 = {}; swfobject.embedSWF("/blob/view/-/873540/app/175033/-/3p002h/-/Microsoft468x60a.swf", "flash873540", "468", "60", "9.0.0", false, flashVars873540, params873540, attributes873540); Alternative text.... Read Africa News article at Daily Nation - Related articles Approval by the Capital Markets Authority (CMA) for the issue and listing of a Sh10 billion bond by Housing Finance is poised to give the mortgage financier the impetus it seeks to benefit from the growing demand for housing in urban and rural areas. Related Stories CMA approves Sh10bn ... Read Africa News article at Daily Nation - Related articles By vision reporter UGANDA is pushing for a continental framework that creates mechanisms for strengthening the capacity of agricultural development in Africa. Dr. Silim Nahdy, the chairman of African Forum for Agricultural Advisory Services, said a continental synergy in agricultural research and extension was key in promoting the ... Read Africa News article at The New Vision - Related articles Submit your comment South African public sector workers, on strike for nearly a month, may soon return to work but continue talks on whether to accept an increased government wage offer, union sources said on Monday. The strike is now in its fourth week and has seen 1.3 million ... Read Africa News article at IOL BusinessReport - Related articles Farmers will not be deducted Sh5 to go towards construction of two satellite factories, Kapkoros Tea Factory Company Limited has said, in an effort to dispel rumours doing the rounds.The factory unit manager, Mr Isaiah Kiget, said that during the company"s last annual general meeting at Tirgaga tea factory, more ... Read Africa News article at Daily Nation - Related articles By Patrick Jaramogi TWENTY-year-old Tina Bukenya, a hair dresser at Kitega in Mukono, knew her financial end had come when she dropped out of school a couple of years ago. Sharon Nakalega, another school dropout, only heard about value-addition during her economics class before the lack of school ... Read Africa News article at The New Vision - Related articles
Submit your comment South Africa"s ongoing public sector strike is starting to hurt, denting business confidence, slowing the pace of economic recovery and damaging the country"s reputation overseas, according to economists. While the strike has not scared away foreign portfolio investors just yet and has not derailed President Jacob ... Read Africa News article at IOL BusinessReport - Related articles Kenya"s only operating local loop operator, Flashcom Ltd, has joined the telephony market price war frenzy, by cutting its calling and internet rates.The introduction of the unified licensing framework (ULF) by the industry regulator, the Communications Commission of Kenya, gave the firm a fighting chance, rendering the local loop operator ... Read Africa News article at Daily Nation - Related articles The proposed new cane pricing system based on sucrose content as opposed to cane tonnage will only be implemented if a planned pilot project proves successful, the Kenya Sugar Board (KSB) has said. Related Stories KACC wants new body set up before sale of sugar firms ... Read Africa News article at Daily Nation - Related articles
Political parties are gearing up for titanic battles as by-elections for the Makadara and Starehe parliamentary seats scheduled for September 20 draw near. Related Stories It"s battle of the titans in city polls Political parties put to task over nominations IIEC sets date for Starehe, Wajir South ... Read Africa News article at Daily Nation - Related articles
Submit your comment Sasol Nitro intends to sell five of its fertiliser blending plants before August 2011, in line with an undertaking it made to the Competition Commission. The division of Sasol Chemical Industries was looking to sell the Bellville, Durban, Kimberley, Potchefstroom and Endicott plants as going concerns, ... Read Africa News article at IOL BusinessReport - Related articles By Carol Batenga SOME bosses can be abusive, while others think it is their God-given right to make the life of their subordinates hard. Because some managers want to be seen as "real bosses", they use unorthodox means to put their juniors under their thumb. Of course, ... Read Africa News article at The New Vision - Related articles By Emojong Osere UGANDAN exporters can sigh with relief after President Mwai Kibaki rejected the controversial Price Controls Bill, which would have given the Kenyan Treasury powers to fix prices of primary consumer commodities. The introduction of The Price Controls (Essential Goods) Bill, 2009 faced criticism from the ... Read Africa News article at The New Vision - Related articles HR INSIGHT - With Paula Kyabaggu Mukama WE are emotional beings, and all our actions and reactions are determined by our emotions. That is where emotional intelligence comes in. Emotional intelligence is not about being nice or being able to unleash our emotions. It is about being aware ... Read Africa News article at The New Vision - Related articles Submit your comment Sasol Nitro intends to sell five of its fertiliser blending plants before August 2011, in line with an undertaking it made to the Competition Commission. The division of Sasol Chemical Industries was looking to sell the Bellville, Durban, Kimberley, Potchefstroom and Endicott plants as going concerns, ... Read Africa News article at IOL BusinessReport - Related articles Submit your comment Australian mining entrepreneur Ed Nealon would develop a new iron ore mine and pig iron plant in Limpopo, which would be listed on the JSE next April, Miningmx reported on Friday. The news website said Nealon had started the Kroondal platinum mine, which grew into ... Read Africa News article at IOL BusinessReport - Related articles By Vique`-Ocean Kahinju BEING a business owner with a team of employees, you are a business leader. Good leaders understand the link between happy and fulfilled employees and satisfied customers. “Your employees can be a "goldmine" of great ideas and creative energy. They are also your strongest resource, ... Read Africa News article at The New Vision - Related articles Submit your comment South African public sector workers, on strike for nearly a month, may soon return to work but continue talks on whether to accept an increased government wage offer, union sources said on Monday. The strike is now in its fourth week and has seen 1.3 million ... Read Africa News article at IOL BusinessReport - Related articles By Roy Cokayne Submit your comment An application by Imperial Crown Trading (ICT) for a partial right over Kumba Iron Ore"s mine at Sishen "fraudulently misrepresented various facts" to the Department of Mineral Resources (DMR), Kumba alleged. Kumba, a unit of Anglo American, also claimed ICT was given unlawful ... Read Africa News article at IOL BusinessReport - Related articles Submit your comment Textile company Da Gama was retrenching 761 workers, 60 percent of its workforce, the Dispatch Online reported last week. The company, known for producing the Shweshwe print, blamed higher operational costs and cheap foreign imports. The Southern African Clothing and Textile Workers Union ... Read Africa News article at IOL BusinessReport - Related articles Submit your comment Richards Bay Minerals (RBM), a Rio Tinto and BHP Billiton titanium joint venture, on Friday resumed full production after workers ended a week-long pay strike, a company official said. Spokeswoman Nthabiseng Motsepe said the 586 workers represented by the National Union of Mineworkers (NUM) at ... Read Africa News article at IOL BusinessReport - Related articles By Samantha Enslin-Payne |and Roy Cokayne Submit your comment Public sector unions affiliated to Cosatu and the Independent Labour Caucus will meet today to decide on whether to continue to strike after consulting their members over the weekend on the latest offer. Public Servants Association deputy general manager Manie ... Read Africa News article at IOL BusinessReport - Related articles By David Watkins|Tokyo Submit your comment A showdown between Japanese Prime Minister Naoto Kan and the contender for his job threatens to erode confidence in Japan"s ability to address a faltering economy and the world"s largest debt, analysts say. Kan faces controversial veteran power broker Ichiro Ozawa in a ... Read Africa News article at IOL BusinessReport - Related articles Submit your comment Gallo Africa, which owns rights to the musical Umoja, cannot rely on South African courts to sue other parties for infringement of copyright of its work in foreign countries, the Supreme Court of Appeal ruled last week. Gallo wanted to sue Sting Music, two other companies ... Read Africa News article at IOL BusinessReport - Related articles By INGI SALGADO Submit your comment A solar plant powering a game reserve in the Western Cape was launched by Germany"s Concentrix Solar last week to demonstrate its technology ahead of a planned 50 megawatt grid-connected solar facility in the area. The 60-kilowatt concentrated photovoltaic (PV) plant at Aquila ... Read Africa News article at IOL BusinessReport - Related articles By Samantha Enslin-Payne |and Roy Cokayne Submit your comment Public sector unions affiliated to Cosatu and the Independent Labour Caucus will meet today to decide on whether to continue to strike after consulting their members over the weekend on the latest offer. Public Servants Association deputy general manager Manie ... Read Africa News article at IOL BusinessReport - Related articles By Sibusiso Nkomo |and Florence de Vries Submit your comment Indian drug maker Cipla"s planned acquisition of a 25 percent stake in the manufacturing unit of South Africa"s Cipla Medpro would benefit both companies, experts said at the weekend. The South African unit is expected to benefit in research ... Read Africa News article at IOL BusinessReport - Related articles
Consumer act implications for franchisees "not a factor" September 6, 2010By Florence de Vries Submit your comment Retail giant Woolworths has denied that provisions in the Consumer Protection Act (CPA) were the reason it would cease its local franchising business, but experts warn that the act may see a number ... Read Africa News article at IOL BusinessReport - Related articles By Bloomberg Submit your comment Anglo American is seeking an acquisition that may more than double existing output of steelmaking coal to meet rising demand from India and China. Anglo was looking for assets with potential annual output of as much as 20 million tons in Russia, Mongolia, Indonesia ... Read Africa News article at IOL BusinessReport - Related articles Report says more openness, policy needed September 6, 2010By Steve Slater|London Submit your comment Banks have acknowledged they need to be more open about the size of their bonus pools and the methodology for paying star bankers after making progress in other areas of reforming pay structures. More ... Read Africa News article at IOL BusinessReport - Related articles Submit your comment US toy maker Mattel filed a lawsuit last week alleging MGA Entertainment fraudulently transferred $430 million (R3 billion) to keep creditors, including Mattel, from collecting. The lawsuit alleges MGA transferred dividends and assets to its chief executive Isaac Larian and his family between 2004 and ... Read Africa News article at IOL BusinessReport - Related articles By Roy Cokayne Submit your comment An application by Imperial Crown Trading (ICT) for a partial right over Kumba Iron Ore"s mine at Sishen "fraudulently misrepresented various facts" to the Department of Mineral Resources (DMR), Kumba alleged. Kumba, a unit of Anglo American, also claimed ICT was given unlawful ... Read Africa News article at IOL BusinessReport - Related articles Submit your comment THE RAND hit a fresh twoand-a-half-year year high against the dollar on Friday, gaining momentum to challenge the key R7.15 technical level, and local stocks gained. By 5pm on Friday, the rand was bid at R7.1833 to the dollar, 4.94c stronger than Thursday"s bid. Earlier in ... Read Africa News article at IOL BusinessReport - Related articles Submit your comment BP revealed on Friday it had so far spent $8 billion (R57.4bn) to battle the Gulf of Mexico oil spill disaster, as its crews retrieved key evidence from the seabed. Robotic submarines recorded the delicate operation as engineers raised a failed blowout preventer from the ... Read Africa News article at IOL BusinessReport - Related articles Colliery drops BEE supplier September 6, 2010By Donwald Pressly Submit your comment The leadership team at Eskom appears before a parliamentary committee tomorrow to face questions about their financial record as new questions arise about the cost of its coal-fired power stations. Eskom - which was last year plunged ... Read Africa News article at IOL BusinessReport - Related articles Top officials to hear gripes September 5, 2010By SLINDILE KHANYILE Submit your comment Efforts to resolve the stand-off over the payment of the minimum wage between the National Bargaining Council for the Clothing Manufacturing Industry and factory owners will begin on Monday when all the parties meet with national government ... Read Africa News article at IOL BusinessReport - Related articles
By Terry Bell Submit your comment Whatever the decision on Monday of the combined public sector unions considering the government"s improved pay offer, the lasting legacy of the present strike will be one of bitterness. It will be directed by trade unionists not so much at the government, but ... Read Africa News article at IOL BusinessReport - Related articles Former Minister of Mines Fanie Botha died in Pretoria on Saturday morning at the age of 88, his family said. "He was in a care unit in Pretoria and left behind five children, 13 grandchildren and one great grandchild," his son Henie Botha told Sapa in a telephone interview.top.DisplayAds("MPUAV",17,552); ... Read Africa News article at IOL BusinessReport - Related articles Angry reactions have met Harambee Stars" false start to the 2012 Africa Cup of Nations campaign after losing 1-0 away to lowly ranked Guinea Bissau on Saturday.With the team expected to arrive at 5am this morning, the ball of contention will be the divided leadership at Football Kenya Limited (FKL) ... Read Africa News article at The Standard - Related articles
Landowners are upset by energy company plans to start exploration of shale September 5, 2010By Bianca Capazorio A battle is brewing between local people and major energy companies looking to exploit possible sources of shale gas in the Karoo. And at the heart of the conflict will be the ... Read Africa News article at IOL BusinessReport - Related articles By Pali Lehohla Submit your comment The non-financial census of municipalities for the 2009 financial year was published on Monday, with municipal information related to the provision of water, electricity, gas, sewerage systems, sanitation and solid waste management to households. The results of the survey provide a basis for analysing ... Read Africa News article at IOL BusinessReport - Related articles Top officials to hear gripes September 5, 2010By SLINDILE KHANYILE Submit your comment Efforts to resolve the stand-off over the payment of the minimum wage between the National Bargaining Council for the Clothing Manufacturing Industry and factory owners will begin on Monday when all the parties meet with national government ... Read Africa News article at IOL BusinessReport - Related articles |
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