Category archives for: Investing

MTN appoints Karl as new procurement head

MTN

From TINTSWALO BALOYI, JOHANNESBURG, (CAJ News) – THE MTN Group has appointed Dirk Karl to head up group procurement and supply chain management.The company said the appointment is effective “no later than 1 November 2017.”The appointment comes as the organisation continues to focus on delivering earnings before interest, tax, depreciation and amortization (EBITDA)growth in its key […]

Immigration issues costing Botswana investment inflows

Immigration issues

from KATLEGO SIBANDA in Gaborone, Botswana GABORONE, (CAJ News) – STRICT immigration laws are forcing international companies to halt or downsize operations in Botswana while expatriate employees are shunning the country that is gradually losing its standing as an investment and employment destination of choice. Potential investors, long-time foreign business owners and foreign workers have raised […]

Blue Label seals acquisition of 3G Mobile

Blue Label

By TINTSWALO BALOYI JOHANNESBURG, (CAJ News) – BLUE Label Telecoms has concluded an agreement with 3G Mobile and its shareholders to acquire 100 percent of 3G’s issued share capital for R1,9 billion (US$ 146,98 million). The shares will be acquired in two stages, with the initial acquisition by The Prepaid Company Proprietary (TPC) of 47,37 […]

Brexit affecting supply chains between Africa, UK

brexit parachute

By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – SUB-Saharan Africa is feeling the impact of Britain’s exit from the European Union (Brexit) with almost a third of companies in the region with suppliers in the United Kingdom reporting the prospect of the exit had already made their supply chains more expensive because of currency fluctuations. Negotiations […]

Safaricom connects farmers to agro businesses Web service transforms Kenya smallholder farming

saf

NAIROBI, (CAJ News) – THOUSANDS of Kenyan farmers have signed up for a web based service Safaricom, the mobile operator, has launched to link the farmers to agricultural processing businesses.Connected Farmer is a partnership between Safaricom and Mezzanine Ware, a company that specializes in developing mobile enabled solutions for businesses.The launch follows a six month […]

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