June 25, 2018
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June 25, 2018

Wealthy Tanzanian citizens and firms have invested more than Sh5 billion in Kenya over the past two years, reversing the predominant one-way flow of capital between Nairobi and Dar es Salaam.

The cross-border investors have made their bets in Kenya’s stock market, consumer goods, petroleum and financial services sectors.

The latest entrant is Village Supermarket, a Tanzanian-owned"...

June 25, 2018

The South African government will continue to prioritize maths and science to address skills deficiency and innovation, Deputy President David Mabuza said on Saturday.

At the Youth Walk into Economic Opportunities Expo in Ermelo, 210 km east of Johannesburg, Mabuza said the government is committed to embracing the Fourth Industrial Revolution, Xinhua reported.

“As we strive"...

June 25, 2018

Resolve has been confirmed as a lanyard sponsor for the highly anticipated Digital Transformation Congress.

The event is set to take place on 26 July 2018 at the Gallagher Convention Centre in Midrand, Johannesburg and promises to assemble the finest selection of industry leaders and executives as they discuss the tools required"...

June 25, 2018

South African healthcare provider Ascendis Health said on Monday it plans to dispose of smaller local non-core businesses as part of a strategic review aimed at improving cash generation and enhancing profitability.

Ascendis, which generates 60 percent of its profit outside South Africa, said it will sell its sports nutrition business, its direct selling and network marketing business as well a production plant in Johannesburg.

These"...

June 25, 2018

Africa’s small and medium-sized enterprises (SMEs) must work with their partners to fast-track cloud technology adoption in Africa, software development company, SAP Africa has affirmed.

The call to action comes just as the continent’s SMEs are facing unprecedented disruption.

“While large global disruptors have claimed most of the news headlines, SMEs face"...

June 25, 2018

Kenya Coach Industries (KCI), the appointed dealer for vehicle company, Isuzu East Africa (Isuzu EA), has opened a state-of-the art facility in the capital of Nairobi to fabricate the chassis and bodies of buses, as well as sell and service Isuzu motor vehicles.

The facility was officially opened this week by Kenya’s Cabinet Secretary for the Ministry of Transport, Infrastructure, Housing and Urban Development, Mr James Macharia.

Built"...