Category archives for: Investing

Mining sector central to Nigeria economic revival

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From EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – AN expert is optimistic the solid minerals sector can play a pivotal role in diversifying Nigeria’s under pressure economy. Cyril Azobu, the expert, optimism if the right steps were taken and the current momentum sustained, the sector in Nigeria can contribute up to 3 percent […]

Disruptive technology at Connecting Africa Digital Week

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From DION HENRICK in Cape Town, CAPE TOWN, (CAJ News) – THE Connecting Africa community and leading series of African technology, media and telecommunications events has officially been launched. It is the largest online event dedicated to tracking disruptive technologies across Africa.Scheduled for September 4-8, the week-long agenda of digital events will encompass the biggest […]

Massive mining job cuts leave SA on the edge

South African mine workers face bleak future

by SAVIOUS KWINIKA JOHANNESBURG, (CAJ News) – SOUTH Africa is sitting on a ticking time bomb with the loss of thousands of jobs in the mining sector due to the economic recession. Recently, 21 000 miners lost their jobs in a country whose credit status has been rated as junk. During the period, Sibanye Gold has […]

Historic bakery reignites Mozambique bread wars

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from BERTA MADIME in Maputo, Mozambique MAPUTO, (CAJ News) – THE imminent launch of the first bread factory in Mozambique has been a divisive issue pitting government and the owners against traditional bakeries in the beleaguered and volatile industry. The government of President Filipe Nyusi, which has previously clashed with bakeries over plans by the […]

Software firm Sapiens expands Africa insurance footprint

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By MTHULISI SIBANDA JOHANNESBURG, (CAJ News) – SAPIENS International Corporation, the global provider of software solutions for the insurance industry, has increased its investment in South Africa with the establishment of a new office.This is in line with the Israeli-headquartered company’s drive to grow presence in the financial services sector.Roni Al-Dor, President and Chief Executive […]

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