Category archives for: Finance

EU investment to decongest port of Mombasa


From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – THE capacity of Mombasa, East Africa’s principal port, will soon increase after an investment of €1,46 billion by the European Investment Bank (EIB) to cut time lost in traffic jams and congested ports. The funding announced in Luxembourg on Thursday will also improve sustainable local […]

Southern Africa benefits from enhanced Cloud offerings

South Africa Cloud migration

by AKANI CHAUKE JOHANNESBURG, (CAJ News) MICROSOFT and Zensar are set to make inroads in the growth areas of cloud, digital, big data, analytics, cyber-security and ecommerce in Southern Africa. This follows Zensar’s extension of its managed partner relationship with Microsoft in South Africa in the Global Systems Integrator (GSI) market. Indian firm Zensar is a […]

Metallon dismisses externalisation charge in Zimbabwe

Metallon Corporation

By AKANI CHAUKE JOHANNESBURG, (CAJ News) – SOUTH Africa’s Metallon Corporation has refuted media reports it externalised US$31 million from its operations in Zimbabwe. The allegations have been made through Zimbabwe’s biggest daily publication. Mzi Khumalo, Metallon chairman, said contents of the newspaper were “false” and “thoroughly misleading.” He said neither he nor the company […]

GSMA Kenya expansion extends benefits of mobile

GSMA Kenya

From MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – GLOBAL System for Mobile Communications, commonly referred to as GSMA, has opened new offices in Kenya to work closely with members and other industry stakeholders in the continent. The office in the capital Nairobi is to enable industry and stakeholders continue to extend the reach and […]

Visa fosters Sub-Saharan fintech entrepreneurship


By AKANI CHAUKE JOHANNESBURG, (CAJ News) – VISA has expanded to Sub-Saharan Africa its global innovation programme for start-ups to solve future commerce challenges, enhance their product propositions and provide visionary solutions for Visa’s partners. Entrants in the Everywhere Initiative will have the opportunity to compete for a chance to win up to US$50 000, […]

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