Category archives for: Investing

Cloud of despair hovers over Paris climate meeting

US President Donald Trump

from EMEKA OKONKWO in Abuja and SAVIOUS KWINIKA in Johannesburg ABUJA, (CAJ News) – AS world leaders gather again in Paris on Tuesday (12th December) to mark the anniversary of a climate deal signed in the city two years ago, there is little sign of the $100 billion pledged to help developing countries meet their […]

EXCLUSIVE: Zimbabwean permit applicants fret at closure of SA bank

Capitec

by SAVIOUS KWINIKA Editor-In-Chief JOHANNESBURG, (CAJ News) – AFTER some torturous months of uncertainty surrounding their stay in South Africa as their permits neared expiry, thousands of Zimbabwean nationals in the country are now contending with threats by local banks to freeze their accounts by end of the month when the permits elapse. Some 250 […]

Kenya reaches 4G 1 million users milestone

Kenyan flag

from MARIA MACHARIA in Nairobi, Kenya NAIROBI, (CAJ News) – KENYA has achieved the milestone of 1 million active 4G customers on the back of an expanding 4G network, increased affordability of 4G smartphones and more affordable data bundles. According to Safaricom, the milestone has been achieved in November. “The country has consistently stood out […]

Zim’s budget rekindles economic hope

Zimbabwe's finance minister Patrick Chinamasa and his wife Monica before the 2018 budget presentation

from DANAI MWARUMBA & MARCUS MUSHONGA in Harare, Zimbabwe HARARE, (CAJ News) – ZIMBABWE’S Finance Minister, Patrick Chinamasa on Thursday presented a whopping $5.1 billion (about R76 billion) budget for 2018, which seeks to make a huge economic turnaround for the country’s comatose economy. The budget presentation, which was attended by President Emmerson Mnangagwa, cabinet minister, diplomatic corps and […]

Buoyant Ethiopian Airlines outline expansion plans

Ethiopian Airlines

by SAVIOUS KWINIKA  JOHANNESBURG, (CAJ News) – ETHIOPIAN Airlines, rated Africa’s largest and profitable airline group, will launch a new daily service to South Africa in 2018, which is set to be a pivotal year for the company. The third daily flight between Johannesburg and the bustling city of Addis Ababa, the Ethiopian capital, will […]

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