Times of Zambia (Ndola)-BANC ABC, which is one of the emerging commercial banks in Zambia, has opened a new branch in Livingstone with a pledge to support tourism and other economic activities in the country's tourist capital. … [Read more...]

[ANGOP] Caála - Power supply to Caála Municipality, Huambo Province, has been facing shortage, due to production incapacity from the three generators, says a source of the sector. … [Read more...]

Biz-Community (Cape Town)-According to a Business Report report, a multi-million plan to build a supply base to service oil rigs at Saldanha Bay has been scuppered, after Transnet National Ports Authority changed the conditions for the shipping firm wanting to build it. … [Read more...]

[Daily Trust] The House of Representatives Committee on Power yesterday expressed displeasure over what it described as the refusal of the Nigerian Electricity Regulatory Commission (NERC) to employ candidates the committee sent to it two years ago. … [Read more...]

[Daily Trust] Efforts towards ensuring grassroots development would be thwarted if the Federal Government fails to resuscitate the rural electrification scheme, the Senate has said. … [Read more...]

Biz-Community (Cape Town)-Umuntu Media and Tracks4Africa - major players in the Southern African hospitality industry - have teamed up to bring powerful, multi-platform listings offers to the Southern African hospitality industry. … [Read more...]

Biz-Community (Cape Town)-According to a Mail & Guardian report, three top executives in Absa have announced that they will be leaving the banking group. Alfie Naidoo, the group's chief operating officer, Happy Ntshingila, chief marketing and communications manager, and Daphne Motsepe, head of unsecured lending will be leaving Absa. … [Read more...]

Biz-Community (Cape Town)-Cape Business News reports that - in a move that has sent positive ripples through the local clothing sector - Cape Town-based credit retailer The Foschini Group (TFG), has bought Prestige Clothing - its longstanding clothing manufacturing supplier. It is planned that Prestige Clothing will be streamlined and grown to manufacture exclusively for TFG. … [Read more...]

New Era (Windhoek)-Agribank yesterday tried to pour cold water over its controversial appointment of Erenstine Kalomo as company secretary four years ago and its decision last year to increase her salary from N$458000 to a whopping N$800000. … [Read more...]

New Era (Windhoek)-With the start of the new academic year 2012, Telecom Namibia yesterday handed bursaries valued at N$3.4 million, as well as other financial student assistance, to 20 disadvantaged Namibians to pursue their studies at tertiary institutions. … [Read more...]

Leadership (Abuja)-Radix Capital Partners Limited is leading other firms like FBN Capital Limited, FCMB Capital Markets Limited, Fidelity Bank Plc, Longterm Global Capital Limited, Skye Financial Services Limited, Stanbic IBTC Bank Plc, Standard Chartered Bank and Union Capital Markets Limited to package the Ondo State N27billion bond. … [Read more...]

[Daily Trust] Makurdi - The Power Holding Company of Nigeria (PHCN), Makurdi Business Unit, has flagged off the pre-paid billing system at Kwararafa quarters in Makurdi, the Benue State capital. … [Read more...]