Topic: Business

ECOWAS / Stakeholders Express Concern At Prevalence Of Divisive Politics In The Region

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ABUJA – West Africa is still plagued by politics defined by the “use of ethnicity, gender, religion and other differences as instruments of politics”, and would need to move in the direction of promoting ‘gender equality, inclusiveness and equity”, participants at a two-day meeting that examined the state of political parties have said. A communiqué released at the end of the meeting on 23rd July 2010 in Abidjan said “the participants expressed concern at the persistence of ethnicity, religious and gender discrimination and sectarianism that plague party organization and practice in the religion”. The participants, who were drawn from political... Continue Reading

Africa Launches Continetal Programme For Infrastructure Development

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KAMPALA – The Programme for Infrastructure Development in Africa (PIDA) was officially launched on Saturday in Kampala, on the sidelines of the XV African Union Summit in Uganda. Previous African Union Summits, particularly those of January 2009 on the development of Transport and Energy and January 2010 on the development of Information and Communication Technologies, supported the strengthening of infrastructure in Africa and notably endorsed PIDA as a program for integrating all regional and continental initiatives. The official launch was a formal event highlighting PIDA and contributing to disseminate information to political organs and leaders as well as to the... Continue Reading

The World’s Largest Hotel Chain Opens In Ghana, Nigeria

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Best Western International expands its presence in Africa with the opening of three new hotels, including the Best Western Premier Accra Airport Hotel in Accra, Ghana, the Best Western Island Beach Hotel in Lagos, Nigeria, and the Best Western Port Harcourt Hotel in Port Harcourt, Nigeria. “Best Western membership is a great option for hotel developers in Africa, who want to retain local character in their properties, yet leverage the sales, marketing and brand recognition of a strong global brand,” said Suzi Yoder, Vice President of international operations. “We see great potential for continued growth in South Africa and Sub... Continue Reading

Gold Field To Release Q4 F2010 Results On 5 AUGUST 2010

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By Shout-Africa – Johannesburg – Gold Fields Limited (“Gold Fields”) (NYSE, JSE, DIFX: GFI) will publish its Q4 F2010 results on the company’s website www.goldfields.co.za at 08:00 am SA time on Thursday, 5 August 2010. Gold Fields management will host a live results presentation and simultaneous audio and video webcast on Thursday, 5 August 2010, from 09:45 for 10:00 at Summer Place 69 Melville Road, Hyde Park in Johannesburg The simultaneous audio and video webcast will be available on the Gold Fields website www.goldfields.co.za at 10:00 (SA time) on 5 August 2010. A simultaneous Live Results broadcast will be available... Continue Reading

AstroTech Says South African Government Needs To Devalue Rand

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By Shout-Africa – JOHANNESBURG – AstroTech, one of South Africa’s top corporate trainers says, the Government of South Africa needs to devalue rand to push exports and job creation potential Exporters are supporting a likely government move to devalue a strong rand that has hammered export growth. “We track opinions in the import/export industry through a course we run on importing and exporting and there is a very strong view that the rand needs to be devalued to relieve constraints on exports, which in turn are hitting an already weakened manufacturing sector – which is a primary employer,” Liza van... Continue Reading