Mombasa Classified Daily News Kenya Safari Vacant job in Kenya

South African services and solutions provider Dimension Data, recently named global partner of the year by US communications firm Polycom, has now added US IT giant Cisco’s partner of the year award to its trophy cabinet.Global honours for South Africa’s Didata ... Read more

The number of internet users in South Africa accelerated dramatically over the past year, driven by mobile phones, as the internet “finally arrived in the hands of the mass market”, according to the latest Internet Access in South Africa study.SA’s mobile mass market embraces web ... Read more

South Africa outperformed the rest of Africa, as well as its upper middle-income economy peers, in a World Bank survey of trade efficiency, improving its previous performance despite a general slowdown in trade logistics performance in the wake of the global recession.SA climbs trade efficiency rankings ... Read more

For the country to overcome inequality, South Africans must reach consensus on workers’ wages and executive pay and get on with speeding up job creation, Economic Development Minister Ebrahim Patel said during a Parliamentary debate on income inequality.‘Social consensus, jobs’ to cut inequality ... Read more

South Africa must boost support and funding for research and innovation, and strengthen its public-private sector links, if it is to compete with its developing country peers, says Science and Technology Minister Naledi Pandor.Innovation ‘funding, incentives needed’ ... Read more

The Department of Trade and Industry will offer incentives worth R5.75-billion over the next six years to help South Africa’s manufacturing sector become more competitive in an increasingly difficult global environment.R5.7bn incentives for SA manufacturing ... Read more

South Africa’s Anglo American Platinum has launched the prototype of the first fuel cell powered underground locomotive, in a bid to demonstrate the viability of platinum-based fuel cells as an alternative energy source while helping the country meet its energy and job creation challenges.South Africa tests fuel cell powered train ... Read more

Changes to the incentives for foreign film and television productions will enable local post-production companies to attract work that is not necessarily filmed in South Africa, helping to sustain and grow South Africa’s film industry.South Africa adds to film incentives ... Read more

The University of Pretoria’s Gordon Institute of Business Science has taken top ranking among African business schools in the annual UK Financial Times Executive Education survey.SA business school rated Africa’s best ... Read more

The West African Cable System, the fifth submarine cable system to link South Africa to the rest of the world, was formally launched on Friday, promising further improved bandwidth connectivity down the west coast of Africa.South Africa’s fifth undersea cable ... Read more

The key to removing the obstacles hindering intra-African trade lay with the political will and energy of regional leaders, World Trade Organization director-general Pascal Lamy told participants at the World Economic Forum on Africa.Intra-African trade calls for ‘political will’ ... Read more

African agriculture is undergoing a transformation, creating a new era of opportunity for both farmers and investors, according to African and global leaders at the World Economic Forum on Africa.‘Investor, look to African agriculture’ ... Read more

South African trade conditions remained positive in April, the SA Chamber of Commerce and Industry reports.Trade conditions remain positive ... Read more

A small but notable trend is establishing itself in Cape Town, on the KwaZulu-Natal coast, occasionally in Sandton, Johannesburg: British retirees are increasingly looking to South Africa in their golden years. And it’s not just about the great climate or scenery.UK seniors boost South African property ... Read more

South African consumers experienced an improved cash flow in the first quarter of 2012, according to the latest Consumer Financial Vulnerability Index.Consumer cash flow improves ... Read more

Africa’s growth trajectory remains positive despite the current global economic turmoil, with sub-Saharan Africa set to grow at more than 5% over the coming decade, Brand South Africa said as international business and political leaders gathered in Addis Ababa, Ethiopia for the World Economic Forum on Africa.Africa’s growth story ‘only just starting’ ... Read more

South Africa may be able to tap into thousands of megawatts in renewable energy when the massive Inga hydro-electric project in the Democratic Republic of Congo goes live, the Africa-European Union Energy Partnership heard on Wednesday.SA could tap into DRC hydro project ... Read more

South Africa and Germany have committed to growing their partnership in strategic areas, including infrastructure, the two countries said following the 7th South Africa-Germany Bi-National Commission in Berlin on Tuesday.SA, Germany to strengthen partnership ... Read more

Deputy President Kgalema Motlanthe opened the 7th South Africa-Germany Bi-National Commission in Berlin on Tuesday by extending an invitation to the European nation to invest in South Africa’s massive state-led infrastructure drive.SA infrastructure invite for Germany ... Read more

US independent power provider Hydro Alternative Energy is in talks with the City of Durban on plans to develop a world-first project that would harvest hydrokinetic energy from the fast-flowing Agulhas current off South Africa’s KwaZulu-Natal coastline.US firm, Durban talk ocean energy plan ... Read more

International models on how to boost the development of the ICT sector in Africa will come under the spotlight during the inaugural ICT Indaba taking place at the Cape Town International Convention Centre from 4 to 7 June.Spotlight on ICT development in Africa ... Read more

There is currently little room for a cut in interest rates, with South Africa’s inflation at the upper end of its target range, says Reserve Bank Governor Gill Marcus.Little room for interest rate cut: Marcus ... Read more

Mobile services company Oltio, a joint venture between Standard Bank and mobile operator MTN, is looking to change the way South Africans use their mobile phones by turning their handsets into personal point of sale devices.Mobile shopping made easier with payD ... Read more

South African travel technology company Tourism Radio has teamed up with global guidebook specialist Frommer’s to provide “the next generation of travel guides” that begin playing on travellers’ mobiles as they enter their location.SA start-up partners with Frommer’s ... Read more

A safety crackdown reduced the number of fatalities at South Africa’s mines to a record low of three in April – down from an average of 11 or more per month.SA mining fatalities at record low ... Read more

The South African Petroleum Retailers Association believes the fuel price could drop by more than 60 cents in June, if the rand/dollar exchange rate and oil prices remain at current levels.Possible petrol price relief in June ... Read more

Inward investment into Africa has more than doubled over the last decade as investor perceptions of the continent have begun to shift, but a significant perception gap still remains to be closed, according to Ernst & Young’s second African Attractiveness Survey.Africa investment perceptions ‘shifting’ ... Read more

The Cabinet has approved a plan to capture and store carbon dioxide in deep geologic formations as South Africa moves to reduce its contribution to global warming.South Africa approves CO2 capture plan ... Read more

Southern Africa’s biggest tourism showcase, Indaba 2012, takes place at Durban’s International Convention Centre from 12 to 15 May, with more than 13 ... Read more

South Africa and India are set to reach $15-billion in trade ahead of their targeted 2014 deadline, President Jacob Zuma told the South Africa-India Business Forum in Pretoria on Thursday.SA, India ‘on course’ for $15bn in trade ... Read more

Port operator Transnet Port Terminals will spend R33-billion (US$4.3-billion) over the next seven years on upgrading and expanding South Africa’s ports, as part of a massive state-led infrastructure drive aimed at boosting the country’s economic growth.R33bn upgrade for South Africa’s ports ... Read more

Mobile Money Africa 2012, the largest industry gathering of its kind on continent, takes place in Johannesburg from 14 to 17 May, promising the latest angles on a highly competitive and fast-developing market in which South African companies are closely involved.Mobile Money Africa comes to Joburg ... Read more

The National Treasury has allocated R800-million over the next two years for South Africa’s Green Fund, which aims to provide finance for high-quality, high-impact, job-creating green economy projects around the country.R800m for South Africa’s Green Fund ... Read more

Richard Branson’s Virgin Galactic has appointed its first accredited agent to sell space flights in South Africa. For R1.5-million or thereabouts, the company will treat Earthlings to sub-orbital flights reaching more than 100km above the planet – with zero gravity time and astronaut training thrown in.From South Africa to space on Virgin ... Read more

President Jacob Zuma, in talks with visiting Indian President Pratibha Devisingh Patil on Wednesday, extended an invitation to the Asian nation to invest in South Africa’s massive, state-led infrastructure drive.India urged to invest in SA infrastructure ... Read more

Canadian miner Platinum Group Metals has announced the discovery of potentially rich platinum deposits in a previously unexplored part of the platinum-rich Bushveld Igneous Complex in the Waterberg region of South Africa’s Limpopo province.New platinum potential in Waterberg ... Read more

There is great potential for increased trade and investment between South Africa and Saudi Arabia, International Relations Deputy Minister Ebrahim Ebrahim said during a meeting with his counterpart, Deputy Foreign Minister Prince Abdul-Aziz bin Abdullah, in Riyadh on the weekend.South Africa, Saudi Arabia deepen ties ... Read more

MasterCard has partnered with local mobile-centric financial services company Oltio to bring MasterCard Mobile to the South African market, expanding the platform for online shopping in the country. MasterCard Mobile comes to South Africa ... Read more

The Small Enterprise Finance Agency will have access to R1.4-billion in funding for South African small businesses over the next three years, with input from the Industrial Development Corporation being crucial to its effectiveness, says Economic Development Minister Ebrahim Patel.South Africa’s new small business agency ... Read more

The BRICS grouping of Brazil, Russia, India, China and South Africa has called on the G20 to strengthen its coordination and find ways to improve the multilateral trading system in order to address current global economic uncertainties.BRICS urge G20 to push for fair trade ... Read more

Deputy Trade and Industry Minister Elizabeth Thabethe will lead a group of South African companies to the Zimbabwe International Trade Fair taking place in Bulawayo this week.SA firms head for Zimbabwe trade fair ... Read more

The South African government has formally invited local and international manufacturers to submit bids to build 7 224 commuter rail coaches worth an estimated R123-billion, as the country pushes for a complete overhaul of its passenger rail service.South Africa calls for passenger rail bids ... Read more

The R450-million 2010 Fifa World Cup Legacy Trust, aimed at ensuring that South Africans continue reaping the benefits of hosting Africa’s first Fifa World Cup, is now fully operational.R450m World Cup legacy trust launched ... Read more

Improving global trade conditions for lower-income countries is critical to stimulating the recovery of the global economy, Trade and Industry Minister Rob Davies said ahead of a G20 ministerial meeting in Mexico on Thursday.Fairer trade ‘key to global recovery’ ... Read more

South Africa’s banking confidence has risen above its long-term average levels for the first time in over three years, and the sector looks set for sustained earnings growth, according to a survey by Ernst & Young. South Africa’s banks in upbeat mood ... Read more

Indian IT firm HCL Technologies is to partner with US-based networking giant Cisco in setting up a support centre in Johannesburg that will service the companies’ clients while training local engineers in client support for South Africa and the continent.HCL, Cisco ICT centre for South Africa ... Read more

South African government bonds could be included in Citigroup’s benchmark World Government Bond Index from October. This would draw significant investment inflows and enable state-owned companies to raise billions of rands in funding for the country’s infrastructure programme.Citigroup index boost for SA investment ... Read more

One of Europe’s largest development finance institutions, the German Investment Corporation, has acquired a 10% shareholding in South African agriculture supply chain company Farmsecure Holdings. German group invests in SA agriculture ... Read more

South Africa and Germany have launched a research co-operation initiative that aims to foster local skills development and innovation, while providing a platform for further joint ventures in science between the two countries. German-South African ‘Year of Science’ ... Read more

South Africa’s economic growth is “reasonably stable” but still vulnerable to problems in the eurozone, and the country looks forward “to a far more clear set of actions” from European countries to give certainty to global markets, says Finance Minister Pravin Gordhan.SA calls for ‘clear action’ on eurozone ... Read more