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Archive for February 2012

Posted by: acbnews on: February 26, 2012

Business and Finance: We’ve redesigned our finance section to provide our signature top 10 coverage on important finance news in Africa.  Read More…   HBSABC 8 days to the conference! Don’t forget to rock your African formal or Evening attire to the banquet! tinyurl.com/6x9gzno #hbsabc 2 days ago · reply · retweet · favorite NYC [...]

By Jeff Kizzilah,Editorial Staff The 6th edition of the AITEC Banking & Mobile Money COMESA conference will be held at the KICC over 7th to 8th March.  This is a premier convention for senior bankers and this year it is coming at a time when bankers in the region are faced with a multiplicity of [...]

Comesa readies itself for more uptake

Posted by: acbnews on: February 21, 2012

 21 February 2012With the support of the ACP Business Climate Facility – Bizclim, COMESA RIA and the Seychelles Investment Board held a fruitful sensitization workshop on the 24th and 25th of January in Victoria, Seychelles, on “Preparing the set-up of a Virtual One-Stop-Shop, connecting all business regulatory authorities in Seychelles”. The workshop succeeded in promoting [...]

Beware of the Dragon? A Debate on China and Africa

Posted by: acbnews on: February 21, 2012

by Jeff Kizzilah Editorial Staff Share this article: | PRINT The relationships among the countries of Africa with China are diverse, sometimes contentious, and sometimes economically beneficial. Leaders of many Africa countries are at continual odds as to whether or not associations with China will lead to long-term economic stability. In the meantime, China has [...]

EABL posts strong Half Year Results,

Posted by: acbnews on: February 21, 2012

 36% top-line growth  for period ended 31 December 2011 . East African Breweries , a unit of Britain’s Diageo, posted a 9 percent growth in first half pretax profit to 6.67 billion shillings ($80.31 million), from the year ago period. The Group weathered a late year economic slowdown to deliver net revenue growth of 36% [...]

CIC INSURANCE NEW SHAREHOLDING STRUCTURE

Posted by: acbnews on: February 15, 2012

CIC Insurance Group ltd, has today announced a new shareholding structure ahead of the firm’s planned listing at the Nairobi Securities Exchange. Co-operative Societies that form a bulk of the shareholders with over 74 percent stake in the company will now be moved to the Co-operative Insurance Society Limited, and issued with new certificates under [...]


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