Kenyan banks to migrate to EMV Chip cards

The effort by card industry stakeholders pushing the adoption of EMV Chip and PIN cards by Kenya banks has received a boost after Kenya Bankers Association (KBA) which had earlier issued a guideline for compliance to the standard for ATMs, supported the campaign urging banks to also issue consumers with EMV Chip and PIN cards. 14 May 2013 13:31

Somali pirate with references seeks work

MOGADISHU, SOMALIA: For a fearsome pirate, even one in self-declared retirement, there is a notable lack of what literature has led one to expect: cutlass, eye-patch, hook or even a parrot. 6 May 2013 08:01

Agriculture offers real growth potential

[Helmo Preuss] Although structural impediments such as poor logistics render the search for new avenues of deeper intra-African trade challenging‚ there is an immediate and compelling growth potential in the trade of agricultural products‚ Standard Bank research analyst Simon Freemantle said last week. 22 Apr 2013 13:24

Norton Rose tells insurers to tread carefully in Africa

[Phakamisa Ndzamela] Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments. 20 Mar 2013 09:25

Hackers pose threat to Africa's governments

Hackers have claimed the scalp of the South African Ministry of State Security's Twitter account, underlining concerns that Africa may be the soft underbelly of global cyber security. 6 Mar 2013 09:15

Rainbow Chicken tickles investors' taste buds

A new-look Rainbow Chicken is taking shape amid enthusiasm from investors who have boosted its share price by a third since November. Driving the change is Rainbow's R1bn acquisition of Foodcorp and a R3,9bn rights issue, setting the scene for more positive developments. 4 Feb 2013 08:12

Airlines object to Fastjet's bid for 1time

[Nicky Smith] Almost all of SA's large airlines are formally objecting to the threat posed by UK-based Fastjet's attempts to enter the local market by taking over the operations of 1time Airline‚ which is in provisional liquidation‚ Business Day reports. 23 Jan 2013 10:32