Monday, 20 February 2017

Citibank to pay R69 million in banks collusion saga

By BUSINESS REPORTER JOHANNESBURG, (CAJ News) – CITIBANK N.A will pay a fine of over R69,5 million ( USD 5,3 million ) following a settlement agreement with the Competition Commission over the bank’s involvement in a forex trading cartel. The Commission found that from at least 2007, Citibank N. and its competitors had a general […]

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Stephen named Sasol GTC 2016 champion

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – MICHAEL Stephen has emerged the overall winner of the Sasol Global Touring Car (GTC) Championship. Stephen scored 619 points compared to Gennaro Bonafede 508 points, and Hennie Groenewald’s points at a total of 262 points. Speaking at the Sasol GTC Championship Inaugural Awards at Hyde Park, Johannesburg last […]

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Huge growth in money transfers to Tanzania

From ALLOYCE KIMBUNGA in Arusha, Tanzania ARUSHA, (CAJ News) – DIGITAL money transfer service, WorldRemit, is consolidating its rapid expansion into Tanzania. It is supporting the growing demand for instant remittances to the country from over 4 million expatriates living abroad. The company achieved a new record of 10 000 unique transactions completed in the […]

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Over 100 Nigerians reported dead after SA xenophobia

From EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – SOME 116 Nigerians have been killed during xenophobic attacks in South Africa over the past two years, a figure that a government official has denounced as “unacceptable” to the government of the West African country. Abike Dabiri-Erewa, Senior Special Assistant to President Muhammadu Buhari on […]

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Scammers revel at growth of digital banking

By GIFT NDOLWANE JOHANNESBURG – CONSUMERS have been urged to be more vigilant and familiarize themselves with the different types of online banking fraud, in the wake of a surge of cybercriminals. The culprits are making the most of the access to banking services through digital channels continuing to grow. Yolande Steyn, Head of Innovation at […]

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Funding secured to accelerate MTN growth in Iran

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – IRAN’S leading internet company has announced the closing of a funding round led by MTN Irancell, an entity of the South African-based mobile network operator. The Iran Internet Group (IIG), with several million unique and paid transactions every month, whose ventures include the by far market-leading car hailing […]

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No sign of ceding power as Mugabe turns 93

from MARCUS MUSHONGA in Harare, Zimbabwe HARARE – ZIMBABWEAN President Robert Mugabe has insisted he would not be ceding power despite his advanced age, protests from the opposition and infighting within his Zanu (PF) party. Ahead of his 93rd birthday today (Tuesday), the veteran leader claimed he would have resigned long back there were millions […]

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Sunday, 19 February 2017

No trace of Sudanese abducted in Kenya

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – NEIGHBOURS Kenya and South Sudan have been ordered to reveal the fate of a Sudanese human rights activist and humanitarian official abducted in Kenya last month. Dong Samuel Luak, the rights campaigner who had been given refugee status in Kenya, and Aggrey Idri Ezibon, chair […]

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Bloody month for crisis-torn DRC

From JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) – MORE than 150 people have been killed in the Democratic Republic of Congo this month as the militancy spreads from the east to the rest of the country and assumes complicated dimensions. Armed groups, security forces and tribal fanatics are all responsible for the incessant […]

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Striking doctors paralyse Zimbabwe health sector

From MARCUS MUSHONGA in Harare, Zimbabwe HARARE, (CAJ News) – ZIMBABWE’S crippled heath sector has been plunged into further crisis as a strike by state doctors shows no sign of abating. Doctors are demanding the broke government pays them US$700 (over R9 000) a month. The professionals are also demanding improved working conditions. Government gynaecologists […]

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Friday, 17 February 2017

Sundowns optimistic ahead of super cup

Sports Reporter JOHANNESBURG -AFRICAN CHAMPIONS , Mamelodi Sundowns have expressed desire for more  glory ahead of their clash  against  Confederations Cup winners TP Mazembe at the Loftus Versfeld Stadium on Saturday evening. This is the view of nippy midfielder and Zimbabwe international  Khama Billiat ahead of this, what should be an epic battle between two great […]

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Saab inks multi-million tech transfer with Hindustan

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) - INDIA’S Hindustan Aeronautics Limited’s (HAL’s) Avionics Division will deliver transfer of technology (ToT) to South Africa’s Saab Grintek Defence (SGD). This follows a contract valued at ZAR112 million (USD8.5 million), confirmed on Friday. The agreement will see the transfer of technology for in-country maintenance of Saab’s Integrated Defensive […]

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New air pact links SA and Seychelles

By BUSINESS REPORTER JOHANNESBURG, (CAJ News) – SOUTH African Airways (SAA) and Air Seychelles have signed a new code-share route from the islands country to Durban. Air Seychelles will be introducing direct services between Seychelles and Durban effective March 30, to operate on Thursdays and Saturdays. “We look forward to strengthening this partnership and creating […]

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Hi-speed internet boost for Kenya SMEs

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – SMALL and medium-sized enterprises southwestern Kenya are set to benefit from high-speed internet launched by Safaricom. Dubbed “fibre for business”, the service has been launched in Kisii town as part of the mobile operator’s ‘Ready Businesses’ initiative. Safaricom’s Head of Western/Nyanza region, George Ndhiwa said […]

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Energy, technology added to industry awards

TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – THIS year’s African Utility Week Industry Awards will be bigger than ever following the addition of five more categories. These are Small-Scale Sustainable Energy Project, Innovative Technology of the Year, Deal of the Year, ICT Excellence Award and Gas-to-Power Project of the Year. The fourth edition of the annual African […]

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Remittances to increase from Spain to Nigeria

From OKORO CHINEDU in Lagos ,Nigeria LAGOS, (CAJ News) – NIGERIANS in Spain can now send money back home thanks to the launch of cross-border remittances between the two countries. TerraPay, a mobile-first international payment network, MoneyTrans, a leading money transfer company established in Europe and Africa and Paga, Nigeria’s pioneering payments and financial services company, […]

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Thursday, 16 February 2017

Thousands trapped in Moza, Zim border

From MARCUS MUSHONGA in Harare, Zimbabwe HARARE, (CAJ News) - SOME 1 900 Mozambicans are stranded at the border with Zimbabwe after fleeing the banditry by opposition forces in their country. The MozambiqueNational Resistance (Renamo) is blamed for the terror, which has continued despite assurances by government leaders a truce was within reach with the […]

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Yellow fever ends after thousands of deaths

From LUCAS PEDRO in Luanda, Angola LUANDA, (CAJ News) – THE World Health Organisation (WHO) has declared the end of the yellow fever that has killed over 400 people in the neighbouring Angola and the Democratic Republic of Congo. Since the outbreak in December 2015, Angola reported a total of 4 306 suspected cases and 376 deaths. […]

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Rival rebel groups kill CAR civilians

From JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) - TENSIONS between rebel groups in the troubled Central African Republic have left scores dead in recent days. Rights groups confirmed rebels from the Union for Peace in the Central African Republic (UPC), recently executed 25 people in Bakala after calling them to a school for […]

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Cycle of terror condemns millions in DRC

From JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) – THE multiplication of violence and hunger has affected more than 6,7 million people in the Democratic Republic of Congo with fears more will be affected this year following a deadlock by political rivals. Among these are 2 million displaced by militancy, including 500 000 children […]

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Soldiers massacre dozens in DRC clashes

from JEAN KASSONGO in Kinshasa, DRC KINSHASA –THE Armed Forces of the Democratic Republic of the Congo (FARDC) this week killed over 100 people during clashes with members of a local militia in the central parts of the country. Some 39 women are reported to have been caught in the crossfire and are among the […]

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BREAKING: Consequences for SA from Zim ticking time bomb

from MARCUS MUSHONGA in Harare, Zimbabwe HARARE, (CAJ News) – ZIMBABWE, whose implosion will affect South Africa greatly, is on the brink of a military coup as divisions afflicting President Robert Mugabe’s party filter through to the country’s national army. European Interagency Security Forum says the Zimbabwe National Army (ZNA) has been sucked into the […]

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Zim opposition in crisis before polls

from MARCUS MUSHONGA in Harare, Zimbabwe HARARE, (CAJ News) – THE crisis bedeviling the opposition Zimbabwe People First (ZimPF), initially touted as the biggest threat to President Robert Mugabe’s rule, has taken a new twist after elders of the party reacted to their expulsion by ousting party leader Joice Mujuru. The so-called elders that founded […]

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Wednesday, 15 February 2017

New savings, loan offering for Rwandans

From PHYLLIS BIRORI in Kigali, Rwanda KIGALI, (CAJ News) – MTN Rwanda, in partnership with Commercial Bank of Africa (CBA) has launched a ground breaking savings and loans product enabling registered MTN Mobile Money customers to save and earn interest and to take loans on a short term basis using their phones. Dubbed MoKash, it […]

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Banks face sanctions over collusion

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – THE Competition Commission seeking the prosecution of a number of banks in South Africa for alleged collusion. Inducted banks include Bank of America Merrill Lynch International Limited, BNP Paribas, JP Morgan Chase & Co, JP Morgan Chase Bank N.A, Investec Ltd, Standard New York Securities Inc., HSBC Bank […]

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FNB notes five-fold increase in ADTs use

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – First National Bank (FNB) has reported a rapid growth in the number of consumers doing their banking outside the normal banking hours. Between August and November 2016, it saw a five-fold increase in the number of bank statements printed via ADTs across nearly 1 700 FNB Automated Deposit […]

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Global tech firm to change military veterans’ lives

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – MORE than 1 000 entrepreneurs, small and medium business owners and Sage business partners from Africa and the Middle East will converge in South Africa next month for the Sage Summit Tour. Sage, the market and technology leader for integrated accounting, payroll, and payment systems, is organising the […]

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World Bank rates SA as suistanable energy leader

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – AN increasing number of developing countries, including South Africa, are emerging as leaders in sustainable energy with robust policies to support energy access, renewables and energy efficiency. However, there is huge room for improvement across every region in the world and particularly in Sub-Saharan Africa. This is according […]

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NGOs under siege in Kenya poll runup

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – KENYA has incurred the wrath of the international community following a systematic crackdown on civil society groups ahead of national elections in August. Organisations which challenge governmental policies, educate voters, investigate human rights abuses and uncover corruption are on the receiving end the onslaught by […]

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Hundreds killed in Angola malaria outbreak

From LUCAS PEDRO in Luanda, Angola LUANDA, (CAJ News) – A raging malaria outbreak has killed more than 700 people in Angola as the disease-prone Southern African country battles to thwart illnesses. Head of department of public health and control of endemics, Isaías Sambunga Cambissa, disclosed the figures as he gave an update on the […]

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Thousands expelled in Tanzania schools pregnancy crisis

From ALLOYCE KIMBUNGA in Dar-es-Salaam, Tanzania DAR-ES-SALAAM, (CAJ News) – SOME 8 000 girls are dropping out of school in Tanzania every year owing to rampant pregnancy. This is blamed on exposure to widespread sexual harassment at schools while in some cases, teachers lure girls into relationships with the false promise of marriage. Officials rarely […]

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Glorify the Creator, not that feeble pastor

True Gospel with SAVIOUS-PARKER KWINIKA JEHOVAH God has given creation the power to choose between good and bad. Unfortunately, many among us are choosing badly. They are choosing darkness ahead of light. This manifests itself at the churches where we worship today, as a majority of pastors and church founders compete for personal glory with […]

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HUAWEI: Technology envisaged to end Africa’s road carnage

By SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – PUBLIC safety and efficiency in the transport sector are set for a major improvement following the introduction of the intelligent transportation system (ITS) solution for buses.  Huawei, a leading global information and communications technology (ICT) solutions provider, has launched the first-of-its-kind system in Africa at the i-Transport and […]

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New savings, loan offering for Rwandans

From PHYLLIS BIRORI in Kigali, Rwanda KIGALI, (CAJ News) – MTN Rwanda, in partnership with Commercial Bank of Africa (CBA) has launched a ground breaking savings and loans product enabling registered MTN Mobile Money customers to save and earn interest and to take loans on a short term basis using their phones. Dubbed MoKash, it […]

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Banks face sanctions over collusion

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – THE Competition Commission seeking the prosecution of a number of banks in South Africa for alleged collusion. Inducted banks include Bank of America Merrill Lynch International Limited, BNP Paribas, JP Morgan Chase & Co, JP Morgan Chase Bank N.A, Investec Ltd, Standard New York Securities Inc., HSBC Bank […]

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FNB notes five-fold increase in ADTs use

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – First National Bank (FNB) has reported a rapid growth in the number of consumers doing their banking outside the normal banking hours. Between August and November 2016, it saw a five-fold increase in the number of bank statements printed via ADTs across nearly 1 700 FNB Automated Deposit […]

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Global tech firm to change military veterans’ lives

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – MORE than 1 000 entrepreneurs, small and medium business owners and Sage business partners from Africa and the Middle East will converge in South Africa next month for the Sage Summit Tour. Sage, the market and technology leader for integrated accounting, payroll, and payment systems, is organising the […]

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World Bank rates SA as suistanable energy leader

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – AN increasing number of developing countries, including South Africa, are emerging as leaders in sustainable energy with robust policies to support energy access, renewables and energy efficiency. However, there is huge room for improvement across every region in the world and particularly in Sub-Saharan Africa. This is according […]

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Tuesday, 14 February 2017

NGOs under siege in Kenya poll runup

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – KENYA has incurred the wrath of the international community following a systematic crackdown on civil society groups ahead of national elections in August. Organisations which challenge governmental policies, educate voters, investigate human rights abuses and uncover corruption are on the receiving end the onslaught by […]

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Hundreds killed in Angola malaria outbreak

From LUCAS PEDRO in Luanda, Angola LUANDA, (CAJ News) – A raging malaria outbreak has killed more than 700 people in Angola as the disease-prone Southern African country battles to thwart illnesses. Head of department of public health and control of endemics, Isaías Sambunga Cambissa, disclosed the figures as he gave an update on the […]

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Thousands expelled in Tanzania schools pregnancy crisis

From ALLOYCE KIMBUNGA in Dar-es-Salaam, Tanzania DAR-ES-SALAAM, (CAJ News) – SOME 8 000 girls are dropping out of school in Tanzania every year owing to rampant pregnancy. This is blamed on exposure to widespread sexual harassment at schools while in some cases, teachers lure girls into relationships with the false promise of marriage. Officials rarely […]

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Glorify the Creator, not that feeble pastor

True Gospel with SAVIOUS-PARKER KWINIKA JEHOVAH God has given creation the power to choose between good and bad. Unfortunately, many among us are choosing badly. They are choosing darkness ahead of light. This manifests itself at the churches where we worship today, as a majority of pastors and church founders compete for personal glory with […]

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Ghana: Giving SMEs a Helping Hand - AllAfrica.com


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HUAWEI: Technology envisaged to end Africa’s road carnage

By SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – PUBLIC safety and efficiency in the transport sector are set for a major improvement following the introduction of the intelligent transportation system (ITS) solution for buses.  Huawei, a leading global information and communications technology (ICT) solutions provider, has launched the first-of-its-kind system in Africa at the i-Transport and […]

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Tribunal endorses Huawei, Growthpoint transaction

By GIFT NDOLWANE JOHANNESBURG, (CAJ News) – THE South African Tribunal Commission has recommended the approval, without conditions, of the transaction between Huawei Technologies SA and Growthpoint Properties Ltd in respect of Harrowdene Office Park. In the proposed transaction the primary target property is the Harrowdene Office Park, Grade A Office Space situated in Woodmead, […]

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East Africa startup Bamba secures investments

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – BAMBA, the data collection startup, has closed its first seed investment round after raising US$1,1 million (KSh 110 million) in investment funds, making it one of the largest and most successful seed rounds completed by an East African startup. The global investor base spans Silicon […]

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Auto firm donates to charities

By MOTORING REPORTER JOHANNESBURG, (CAJ News) – VOLKSWAGEN South Africa has donated R2 million (over US$150 000) to 13 charities and non-profit organisations in the Nelson Mandela Metropolitan area. The donation is part of the Volkswagen for Good initiative. The beneficiaries include Adopt a Smile, Inter Church Local Development Agency, Share, Masikhonzane Pre-School, Phaphamani Rape […]

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Monday, 13 February 2017

Internet shutdown latest violation on English Cameroonians

From ROSY SADOU in Yaoundé, Cameroon YAOUNDE, (CAJ News) -CAMEROON is under international pressure to restore internet services to predominantly English-speaking parts of the country cut off since January following anti-government protests. Police have reacted with brutality to the English speakers who have long reported that they face discrimination and marginalization. Cameroon has two official […]

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Death toll rises in DRC militia, military clashes

From JEAN KASSONGO in Kinshasa, DRC KINSHASA, (CAJ News) – ESCALATING clashes between the Kamuina Nsapu militia and government forces have in recent days resulted in the deaths of 50 more people in the Kasai regions of the Democratic Republic of Congo. The persistent conflict is marked by violent atrocities committed by the militia loyal to the […]

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Oracle prepare scholars for tech driven economy

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – ORACLE, the computer technology corporation, has provided US$3,3 billion (R44 billion) in resources globally to help prepare students for life and work in the modern technology-driven economy. Dorian Daley, Executive Vice President, General Counsel and Secretary at Oracle, disclosed the figures on Monday in Midrand, South Africa at […]

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CashlessAfrica 2017 set for Lagos

From OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – THE CashlessAfrica 2017 awards set for Nigeria next month will reward individuals and companies for creativity, commitment and excellence in the digital financial services industry across Africa. The awards honor the best of the breed across all sectors and segments covering financial technology providers, mobile […]

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Heroes sparkle amid gloom in Nigeria’s refugee camps

from AHMED OBAFEMI in Maiduguri, Nigeria MAIDUGURI, (CAJ News) – FROM the greatest of adversities in the crisis sparked by the Islamic militant Boko Haram terror group in Nigeria have emerged heroic acts of selflessness. Among the millions displaced by the insurgency are qualified professionals who are volunteering their time and expertise to cushion fellow […]

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Future leaders to emerge from ex-child soldiers

From HASSAN ONYANGO in Kampala, Uganda KAMPALA, (CAJ News) – IN a volatile region that continues suffering the prevalence of child soldiers, it is critical that stakeholders teach, train and empower the next generation of leaders to build a bright future for themselves and their countries. It is against this background a Qatar-based nongovernmental organisation […]

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First Pan-African fibre player is born

By SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – LIQUID Telecom, majority owned by Econet Global, has announced an agreement to acquire South African communications network operator Neotel in what is hailed as the creation of the first Pan-African fibre player. The shareholders of Neotel –Tata Communications of India and minority shareholders led by Nexus Connexion (Nexus) […]

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African e-learning providers boost education access

From JENS ISCHEBECK in Neuried, Germany South Africa Leading in Adoption of Online Learning HIGH speed internet, proliferation of smart devices and ubiquitous computing has impacted the landscape of all known ways of human life today. Every one year sees the computing power and speed of devices double as predicted by an electronic engineer called […]

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Sunday, 12 February 2017

Hooligans a terrible advert for SA football

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – CRISIS-torn Orlando Pirates risks hefty sanctions from the Premier Soccer League (PSL) after hooliganism marred their drubbing at the hands of champions Mamelodi Sundowns in Pretoria on Saturday. What had been expected to be a thriller relapsed into a one-sided affair that Sundowns won 6-0 at the Loftus […]

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Saturday, 11 February 2017

Boko Haram ambushes army, 7 soldiers killed

from AHMED OBAFEMI in Maiduguri, Nigeria MAIDUGURI, (CAJ News) – SEVEN soldiers have been killed in battle with the Boko Haram in Borno State. The battle following an ambush by the insurgents along Ajiri-Dikwa road claimed the lives of 19 terrorists. Lieutenant Colonel Kingsley Samuel, Deputy Director Army Public Relations 7 Division, said troops encountered […]

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Muslim Brotherhood planning deadly terror in Nigeria

ABUJA – THE Federal Government has alleged plans by a Boko Haram affiliate, Muslim Brotherhood Cell in Kogi State, to carry out terror attacks in Nigeria. They have allegedly acquired bomb-making chemicals and high-calibre weapons to blow banks, arms depots and prisons. Segun Adeyemi, Spokesperson of the Ministry of Information and Culture, disclosed the alleged […]

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Lagos Marathon attracts 10 000 athletes

from OKORO CHINEDU in Lagos, Nigeria LAGOS – A TOTAL of 10 000 athletes from 27 countries are set to take part in the second Access Bank Lagos Marathon on Saturday. A majority of them Nigerians, they will participate at the event scheduled to start from the National Stadium in Surulere and terminate at Eko […]

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Friday, 10 February 2017

Mystery over Mnangagwa’s private visit to SA

by TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – ZIMBABWE’S Deputy President Emmerson Mnangagwa privately jetted in and out of South Africa on Friday where he is alleged to have conducted deals with a Jewish businessman. The Zimbabwe deputy head of state was spotted at the Lanseria Airport, west of Johannesburg, in the afternoon when he received […]

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Liquid Telecom quenches Tanzania internet demand

From MARCUS MUSHONGA in Harare, Zimbabwe HARARE, (CAJ News) – DEMAND for internet in Tanzania is soon to be addressed after Liquid Telecom acquired Raha, the East African country’s leading internet service provider. The acquisition will see Liquid Telecom, the Econet Group’s data, voice and internet protocol- providing entity, increase penetration’s presence in Tanzania through the newly […]

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EcoCash, TransferTo partner to promote remittances

From MARCUS MUSHONGA in Harare, Zimbabwe HARARE, (CAJ News) – EcoCash customers in Zimbabwe can now receive money from South Africa directly into their mobile wallets to pay for bills, goods and other services without having to travel long distances to access their money. This follows a partnership sealed by Econet Wireless and business-to-business (B2B) […]

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Closing the software development skills gap in SA

By Craig Terblanche IN CNN Money’s 2017 job rankings, mobile app developers came out on top, beating in-vogue, emergent fields like data science, virtual reality, and artificial intelligence, as well as literally every other profession from other industries. And it’s certainly not the only survey that has pegged mobile app development as one of the […]

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Thursday, 9 February 2017

Deadly disease combination claims thousands in Angola

From LUCAS PEDRO in Luanda, Angola LUANDA, (CAJ News) – RAGING yellow fever and malaria outbreaks claimed more than 15 000 lives in Angola over the past year. Speaking in the capital Luanda, the health minister, Luís Gomes Sambo, disclosed there were with 4,2 million cases of malaria, leading to the death of 15 000 […]

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Court halts Kenya plans to close refugee camp

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – THE High Court in Kenya has blocked the government from closing the world’s largest refugee camp, thereby securing the future of 260 000 Somali refugees seeking sanctuary in the neighbouring country. In a landmark judgment yesterday (Thursday), Justice John Muting’a Mativo said orders by government […]

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CAJ News receives further Pan-African recognition

by TINTSWALO BALOYI JOHANNESBURG – THE continent’s premier news agency, Centre for African Journalists (CAJ) News Africa, has done it again! The Johannesburg-based media house has been honoured by organizers of the Miss Africa for promoting unity, investment and trade while championing pan-Africanism, the ideals that organizers of the pageant are also committed to. ProAct […]

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Naira forecast to recede further against Dollar

From OKORO CHINEDU in Lagos, Nigeria LAGOS, (CAJ News) – THE Naira is projected to close the year at 375 to the United States despite some recovery in the oil price and subsequent rise in foreign exchange reserves. It is forecast to drop from current levels of just over 300. Nigeria’s foreign exchange reserves have […]

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Japanese entity in lucrative East Africa investment

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – IN what has been announced as the biggest acquisition in Africa to date, Kansai Plascon Africa Limited (KPAL) has acquired Paints’ operations in East Africa. The operations are in Burundi, Kenya, Tanzania, Uganda and Zanzibar. The completion of the transaction is subject to regulatory approvals and other customary […]

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