Gemfields in search for more rubies

AIM-listed Gemfields announced on Friday (7 December) that it has entered into a conditional agreement to acquire a controlling interest in an additional ruby deposit located adjacent to the company's Montepuez ruby mine‚ in the Montepuez district of the Cabo Delgado province in Mozambique. 10 Dec 2012 09:18

More gas found for Maputo

MAPUTO, MOZAMBIQUE: Italian energy company, ENI announced on Wednesday (5 December) a new gas finds off the eastern coast of Mozambique, the third this year, entrenching the country's position as a major emerging gas producer. 6 Dec 2012 08:01

ARM looking to buy distressed mines

[Allan Seccombe] African Rainbow Minerals (ARM) is looking for opportunities in distressed mineral sectors such as platinum‚ while also casting an eye over the South African manganese mining business for growth. 27 Feb 2013 08:07

Derailment suspends Maputo coal exports

Coal of Africa said on Thursday (28 February) that it had been advised by Transnet Freight Rail (TFR) of a derailment of 10 wagons on the Maputo (Matola) rail corridor last week that led to all rail traffic between Komatipoort and Maputo being suspended. 1 Mar 2013 06:16

Mobile money could encourage savings

[Helmo Preuss] Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion. 27 Feb 2013 07:33

DHL Express triples network in sub-Saharan Africa

DHL Express, the global international express services provider, has expanded its network of DHL Service Points in sub-Saharan Africa from the initial 300 to over 1 000, in just a few short months. 25 Feb 2013 12:28

Nampak optimistic over Africa growth

Packaging conglomerate Nampak's share price has stuck fairly close to its 12-month high in spite of increasing evidence of tempered consumer demand for fast-moving consumer goods. 25 Feb 2013 10:12

Search for bravest women journalists

WASHINGTON, US: The International Women's Media Foundation (IWMF) is seeking nominations for its 2013 Courage in Journalism Awards and Lifetime Achievement Award. 22 Feb 2013 10:33

Africa sales boost SA vehicle exports

[Alexander Parker] Vehicle exports from South Africa into the rest of Africa grew almost 20% last year‚ more than making up for a decline in sales to traditional‚ recession-hit markets in the European Union and the US. 20 Feb 2013 08:11

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

More people flying in Africa

[Helmo Preuss] Intra-Africa passenger numbers increased by 9.4% year-on-year (y/y) in January the International Air Transport Association (IATA) said on Wednesday (6 March). 7 Mar 2013 10:12

Can you hear your brand?

[Lars Deutsch] Audio Branding comes to Africa... Audio branding, also known as sound branding or sonic branding, is the use of sound to reinforce brand identity. Sound branding is increasingly becoming a vehicle for conveying a memorable message to consumers by taking advantage of the powerful memory sense of sound. 16 Apr 2012 12:08

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