Recently added articles from African Business:
Retrieving our wealth.(A them-and-us summit)(Letter to the editor)
Jun 01, 2009; ... In his review of the G20 summit (African Business, May 2009 issue), Anver Versi makes mention of the contribution tax havens have had to hindering Africa's development. If I might put it another way, the so-called 'wealth' of the African elite is a significant factor in the current global ...
Who are the real victims?(The pirate menace)(Letter to the editor)
Jun 01, 2009; ... I was very interested in Tom Nevin's article Pirates, high costs, hammer Egypt (African Business, April 2009 issue). Now that nearly 30% of the Indian Ocean, or around 2.5m sq km of its waters, is considered a high risk shipping region with the Somali-based pirates becoming ever bolder and ...
Telling it like it is, internet style.(internet in Africa)(Letter to the editor)
Jun 01, 2009; ... Your East African correspondent Wyc-liffe Muga's (African Business, April 2009 issue) experience in journalism must have given him a very wide understanding of the media but perhaps it has sheltered him from the reality of the ordinary person. We look forward to the day when the internet ...
Encourage domestic investment.(The fallacy of foreign investment)(Letter to the editor)
Jun 01, 2009; ... Once again, in the March issue of African Business, Omari Issa has provided us with a clear and succinct analysis of the economies of the African nations. I take my hat off to him. His article on FDI expresses very clearly the actions that need to be taken at home in order to benefit from ...
The democratic privilege.(SA expats can now vote)(Letter to the editor)
Jun 01, 2009; ... I would like to add my comments to the article in African Business, March 2009 issue, that described the strange anomaly of prisoners in South Africa being allowed to vote, but until recently, not South African citizens living as expats overseas. [ILLUSTRATION OMITTED] ...
Capital flight concerns.(Africa's top companies 2009)(Letter to the editor)
Jun 01, 2009; ... What a comprehensive assessment of the comparative standing of the pillars of Africa's business community appeared in your April issue (African Business, April 2009 issue). Yet it seemed to me as I leafed through your numerous pages with a growing sense of unease, that basing your index on ...
A call for leadership.(Francis Fukuyama)(Letter to the editor)
Jun 01, 2009; ... Congratulations to African Business on your interview with such a world-class figure (African Business, May 2009 issue). As Francis Fukuyama makes clear, if we cannot learn from history, then we are condemned to repeat it. The Washington Consensus is now largely discredited and we are on ...
Angola, Senegal invest in new refineries.(Oil)(Brief article)
Jun 01, 2009 ... Senegal and Angola have commissioned new oil refining projects to increase petroleum capacity and tap into regional demand. Angola, which imports 70% of its gasoline needs from the US, is to build a $8bn, 200,000 barrels a day facility near the port of Lobito. The plant is due for ...
SADC ready for single payment settlement system.(Finance)(Southern African Development Community )(Brief article)
Jun 01, 2009 ... The central banks of the Southern African Development Community (SADC) are installing systems designed to deliver a single payment and settlement means for the 15-state organisation. Dave Mitchell, head of the national payment system department at the South African Reserve Bank, ...
South African wine floods EU.(Trade)(Brief article)
Jun 01, 2009 ... The UK and continental markets are awash with cut-price South African wine, riding on the weakness of the rand against the euro. The flow of export wine comes at a time when South African producers face lagging sales at home caused by the global credit crunch knock-on, high interest rates, ...
East African leaders end property standoff.(Regional integration)(East African Community)(Brief article)
Jun 01, 2009 ... An agreement by East African Community (EAC) presidents has broken a long-running impasse bogging down finalisation of a regional common market. A major sticking point hinged upon whether or not EAC residents should have the right to own property in any EAC territory, comprising ...
Corridor will boost trade income.(Logistics)(Brief article)
Jun 01, 2009 ... A project that aims to upgrade infrastructure and untangle customs and regulatory procedures along trading routes through Botswana, South Africa, Zimbabwe, Tanzania, Malawi and Mozambique could soon be launched. When it is in place exporters using the corridor could see transport cost ...
Africa to grow by 2%.(Economy)(Brief article)
Jun 01, 2009 ... The African region's economy will grow at 2.0% in 2009 and 3.9% in 2010, according to the IMF's latest World Economic Outlook. The report says "hard-won economic gains in Africa are being threatened by relatively weak financial linkages with advanced economies". The main shock ...
Maputo to host 2011 All-Africa Games.(Sport)(Brief article)
Jun 01, 2009 ... The Mozambican capital, Maputo, will host the 2011 edition of the All-Africa Games, after Zambia pulled out saying it could not afford to stage the event. The decision was made by the general assembly of the Supreme Council of Sports for Africa. Football is one of as many as 24 sporting ...
Kibaki blasts Comesa telecom efforts.(ICT)(Mwai Kibaki)(Brief article)
Jun 01, 2009 ... Eastern and Southern African countries have failed to enhance communications in the region, says Kenyan President Mwai Kibaki, also the chairman of the Common Market for Eastern and Southern Africa (Comesa). [ILLUSTRATION OMITTED] Branding their efforts to develop ...
New rapid rail system for Kenya.(Transport)(Kenya Railways Corp.)(InfraCo )(Brief article)
Jun 01, 2009 ... A public-private venture between Kenya Railways Corporation (KRC) and private infrastructure development company InfraCo will develop a rapid transport commuter system in Nairobi, increasing the number of rail commuters from the current 19,000 a day to over 100,000 in the next three and a ...
Journeys to inspire walking tall.
Jun 01, 2009; ... LEONEL DA ROCHA PINTO Angola FROM REFUGEE CAMP TO BOARD DIRECTOR The story of an astonishing journey 1976: A refugee camp on the border between Angola and Namibia. A bleak, desolate area not far from the Namibian town of Rundu is now ...
The Zuma era begins a practical, pragmatic cabinet: President Zuma has revealed a pragmatic approach in naming his new cabinet. His creation of new ministries, splitting of others and the individuals he has appointed has been broadly welcomed both in South Africa and abroad. Farhiya Ali Ahmed, reporting from Johannesburg, has the details.(Cover story)
Jun 01, 2009; ... South Africans and the international community have in the main greeted President Jacob Zuma's cabinet appointments as an appropriate response to public calls and concerns. President Jacob Zuma named his new cabinet at a media conference the day after his inauguration, announcing the ...
I am not a great man--I am a man of the people.(Interview)
Jun 01, 2009; ... South Africa's new President Jacob Zuma has endured an unenviable spotlight throughout his political ascendancy, a period which has seen him bear the brunt of lawsuits, acrimony and a barrage of negative media coverage during his nerve-tingling wait for what was his destiny--the presidency ...
Zuma--the man inside: just who is the real Jacob Zuma? This biography of Zuma by Jeremy Gordin slays some myths but raises others, as one of the most controversial and charismatic leaders in Africa takes over at the helm of one of the South's biggest and strongest economies.(Zuma: A Biography)(Book review)
Jun 01, 2009; ... As president of the ANC, Jacob Zuma's victory in South Africa's April general election completed an unlikely transition--from a herds-boy tending the family's livestock to president of the most economically powerful country on the continent. But just who is Jacob Gedleyihlekisa Zuma? What ...