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MTN Group's subscriber base strengthens
MTN Group recorded 170 573 000 subscribers at 31 March 2012. This is a 3,7% increase for the quarter from 164 501 000 subscribers recorded at 31 December 2011. The group delivered a satisfactory performance notwithstanding continued high levels of competition in key markets. 7 May 2012 12:00
2012 African Banker Awards shortlist announced
The African Banker Awards has released the shortlist of nominees for the 2012 competition. The winners will be announced at an awards ceremony on 30 May 2012, which makes its debut in Africa. This year's event coincides with the annual African Development Bank (AfDB) meetings in Arusha, Tanzania 24 Apr 2012 16:14


BNL launches The Business Times
[Gregory Gondwe: @Kalipochi] Blantyre Newspapers Limited (BNL) has launched a fifth title after the first issue of an exclusively business newspaper called The Business Times hit the streets last week. 10 Apr 2012 14:26
Free to air satellite TV vital
[Albert Nhamoyebonde] Reports that millions of viewers of free to air satellite television will not be able to watch their favourite programmes are very disturbing. 12 Mar 2012 12:26
Mutual & Federal announces key African appointment
Short-term insurer Mutual & Federal, a member of the Old Mutual Group (OML), has appointed Marcelina Gaoses to the position of managing director of Mutual & Federal Namibia, effective 1 March 2012. 22 Feb 2012 10:03
MALSWITCH rebrands
[Gregory Gondwe: @Kalipochi] Malawi Switch Center Limited (MALSWITCH) which provides and maintains an infrastructure of electronic payment solutions in Malawi, including the system used by the country mobile phone service providers, has rebranded. 16 Feb 2012 12:14
FNB's mobile money grows in Africa
Mobile banking is set to take off in Africa, with FNB recording a 150% jump in transaction growth for its cellphone banking service and 1384% growth for eWallet for the month of December 2011 when compared to December 2010. 15 Feb 2012 13:21
Global consumer confidence increases 1 point in Q4 2011
NEW YORK, US: Global consumer confidence increased one index point last quarter to 89, while Europe led confidence declines in 24 of the region's 27 measured markets, according to fourth quarter 2011 global consumer confidence findings from Nielsen, a leading global provider of information and insights into what consumers watch and buy. 8 Feb 2012 12:14
Cross-border telephone remittances increase in Africa
[Anna McGovern] More people in Africa's poorest countries have mobile phones than have bank accounts. That reality is spurring mobile service companies to explore how they can capture a share of the potential banking market by enabling migrants from these countries to transfer funds back home to their families. 24 Jan 2012 11:28
Retail rewind - a year in review 2011
[Zeenat Moorad] The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011. 6 Jan 2012 08:19
Tablets, e-readers closing book on ink-and-paper era
SAN FRANCISCO, US: Tablet computers and electronic readers promise to close the book on the ink-and-paper era as they transform the way people browse magazines, check news, or lose themselves in novels. 29 Dec 2011 09:03
Pick n Pay increases shareholding in TM Supermarkets
On 8 December 2011, the shareholders of TM Supermarkets voted unanimously to allow Pick n Pay to purchase an additional 24% of shares, bringing its holdings up to 49%. The Competition and Tariff Commission of Zimbabwe agreed, subject to certain conditions pertaining to labour and local procurement of goods. 12 Dec 2011 10:53
TNM, EMS partnership provides BlackBerry service
[Gregory Gondwe: @Kalipochi] Malawi's mobile phone service provider, Telekom Networks Malawi (TNM) has partnered with Emitac Mobile Solutions (EMS) to provide BlackBerry services to subscribers in Malawi. 12 Dec 2011 09:21
Revive IMF program or no assistance, donors tell Malawi
[Gregory Gondwe: @Kalipochi] Malawi's donors under the Common Approach to Budget Support (CABS) have asked the country to revive its International Monetary Fund (IMF) program or forget their financial assistance. 8 Dec 2011 13:33

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