Market News Page No. 279| Africa Business News | Afrotrade

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South Africa: Cancellation of R1.5 Million Luxury Mayoral Car a Victory for Accountability

The DA in Mpumalanga welcomes the decision by eMalahleni Municipality to reverse the purchase of a R1.5 million luxury vehicle for its new Mayor, Cllr Lindiwe Ntshalintshali. This decision comes after the DA publicised this wasteful expenditure and called on Cllr Lindiwe Ntshalintshali, to reject the car. The money for this luxury vehicle was to be sourced from service delivery budgets. This is not only a victory for the.... Read more »

Posted on : Thursday , 15th September 2016

New blood test developed to tackle major livestock disease in Africa

The University of Dundee and the Global Alliance for Livestock Veterinary Medicines (GALVmed) have partnered to develop a simple and effective device that tests for a cattle disease that is endemic in 40 African countries and accounts for up to a 50 percent loss in milk and meat production in the continent. The device, less than 3 inches long and similar in format to a pregnancy test, can identify within 30 minutes whether or not.... Read more »

Posted on : Thursday , 15th September 2016

China�s Mindray advancing medical technologies to Africa

It is now apparent that African governments and health systems must do more to prepare for extreme health crises. The enormous amount of developmental aid pouring into Africa in recent years combined with dramatic health care gaps is focusing more attention on quality and sustainable improvements to health systems. To assist in addressing this, Mindray Medical International Limited has intensified advanced medical technologies in.... Read more »

Posted on : Thursday , 15th September 2016

$30 Billion to Benefit Farmers, Strengthening Africa's Agriculture

Weiteithye Farmers Group in Mwala, Eastern Kenya, comprises about 100 small-scale farmers struggling with crop production, value addition and marketing of their produce. Like other smallholder farmers in Africa, the Weiteithye group lacks access to inputs, financial services and skills in agri-business, efficient machinery for processing produce, market information, new technology, among others. David Mutiso, the group’s.... Read more »

Posted on : Thursday , 15th September 2016

Kenya launches digital platform to boost social protection

The Kenyan government and multilateral partners on Wednesday launched an electronic platform to enhance delivery of cash, food and medical care to the vulnerable population. During the ceremony, Deputy President William Ruto said Kenya became the second African country after South Africa to launch an electronic portal to revolutionize social protection for disadvantaged groups like the elderly, disabled and orphaned.... Read more »

Posted on : Thursday , 15th September 2016

Agribusinesses to benefit from new global standards tool

A consortium of agribusiness organisations has launched a platform that will support professionalisation of agriculture in East Africa and generate businesses intelligence for the sake of better decisions. This will enable cooperative societies and small scale agribusinesses in EA to work using globally recognised standards. "The professionalisation begins with farmer organisations being rated using SCOPE assessment.... Read more »

Posted on : Thursday , 15th September 2016

Social Media week to show technology as a complementary tool

Technology is sometimes referred to as the fifth factor of production considering how it has helped transform business around the world. Social media as a complimentary technology tool is now being used to help businesses realize their return on investment. .... Read more »

Posted on : Thursday , 15th September 2016

Feasibility study completed for Ngaka project

Sinohydro Corp. has released the commercial and technical feasibility study for the Ngaka minemouth power plant project in southeast Tanzania. The project is owned by Intra Energy Corp. Financial evaluation of the project is expected to be released in early October. According to the feasibility study, there is potential for a commercially viable 270 MW power plant, comprising 2 x 135 MW PCI boilers with super-high.... Read more »

Posted on : Thursday , 15th September 2016

Tanzania Entrepreneurship and Competitiveness Centre Officially Launched

Tanzania officially launched the Tanzania Entrepreneurship and Competitiveness Centre (TECC) to promote entrepreneurial innovation and competitiveness in the country. TECC aims to promote entrepreneurship and competitiveness in Small and Medium Enterprises (SMEs) in Tanzania through: Skills development in entrepreneurship, innovation and competitiveness Promoting local economic development using the triple helix cluster approach.... Read more »

Posted on : Thursday , 15th September 2016

Tanzania: CTI Study Roots for Expertise Sharing to Industrialise Tanzania

Dar es Salaam — Industrialists have advised the government to strengthen the Small Industries Development Organisation (Sido) and support small and medium-size enterprises (SMEs) to form business groups and clusters. They have said by so doing such parties will share expertise vital for industrialisation. Confederation of Tanzania Industries (CTI) chairman Samuel Nyantahe said the organisation had prepared a report on.... Read more »

Posted on : Thursday , 15th September 2016

African Fabric Month promotes artistic use of fabrics

Cultured Expressions is celebrating a new venture called African Fabric Month to promote artistic and practical uses of African fabrics. The company wishes to honour African cultures that create authentic fabrics by encouraging DIY audience to participate in fun, educational and culturally relevant activities during this month-long celebration in September. Cultured Expressions has sponsored the venture to put the spotlight on some of the.... Read more »

Posted on : Wednesday , 14th September 2016

Debunking the myths of solar energy

If your residential complex wants to get on solar here’s why the cost to install it may not matter…. “Solar is expensive” It really depends on how you look at solar. If you talk about solar panels, boxes and wires ‘the technology’, this is true. The initial upfront cost is high. As a simple rule, installing a solar system will cost around 8-10 times the annual electricity bill you want.... Read more »

Posted on : Wednesday , 14th September 2016

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