International Finance

Category : Economy

Economy

Kenya rings in competition

From price wars, buy outs to intrigues over thin SIM technology. Has the telecom sector finally come of age? Amoxers Wachira October 6, 2014: Over the last few months , Kenya’s telecom sector has been buzzing with activity. From mobile network operators  taking their price wars to court, to cut throat competition, which has prompted...
Economy

Rainbow Nation’s energy sector is getting greener

Since the 2008 energy crisis, South Africa has been trying to reduce dependency on coal Miriam Mannak October 3, 2014: Africa’s second largest economy is a land of abundance, boasting vast reserves of coal, platinum, and gold. The country’s natural wealth isn’t, however, confined to the depths below the earth’s surface. She is also blessed...
Economy

Visa to open tech centre in India

International Finance Desk
The move will create over 2,000 jobs globally IFM Correspondent September, 26, 2014: Visa Inc, the global card payment system provider, will open a new technology centre in India in 2015. This will create over 2,000 full-time technologist positions all over the world.  These include conversion of contractor positions to full time positions within the...
Economy

Businesses have to become environment-friendly

International Finance Desk
It will be difficult, but participants at the UN climate summit agreed there is no alternative Kamilia Lahrichi September 25, 2014: Hundreds of Chief Executive Officers from Fortune 500 companies, pension funds and the insurance sector discussed financial incentives to tackle climate change and committed to taking concrete action, at the United Nations Climate Summit...
Economy

Scottish referendum: Businesses breath a sign of relief

International Finance Desk
The surprise was the comfortable margin of victory for those favouring staying in the UK Tim Evershed September 19, 2014: Global markets and British business leaders responded positively to the news that Scotland had voted to stay part of the UK in its referendum on independence. The Better Together campaign triumphed with over 55% of...
Economy

Trina Solar in power project in Chile

International Finance Desk
Will Supply 70MW high efficiency modules September 10, 2014: Trina Solar Limited (NYSE: TSL), a global leader in photovoltaic (PV) modules, solutions, and services, on Wednesday announced it has agreed to supply 70MW high efficiency modules to a large-scale solar power project in Chile. Under the terms of the agreement, Trina Solar will deliver TSM-PC14...
Economy

Shanggu to hold online property auctions

International Finance Desk
It has begun displaying inventory on Alibaba Group’s Taobao.com September 10, 2014: IFM Investments Limited (NYSE: CTC), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, on Wednesday announced that its subsidiary Shanggu has begun displaying property inventory on Alibaba Group’s Taobao.com, China’s leading B2C e-commerce platform. In addition...
Economy

In Nigeria, doctor treating Ebola patient dies

This is the first death related to the disease reported from outside Lagos Samuel Okocha September 3, 2014: Last week, Nigeria reported its first Ebola death outside Lagos. A doctor died of the disease in the southern oil-rich city of Port Harcourt. The doctor was treating an Ebola patient who escaped quarantine from Lagos. The...
Economy

Argentina’s electoral campaign kicks off

Six presidential pre-candidates spelled out their political and economic program during Industry Day on September 1 in Buenos Aires Kamilia Lahrichi September 3, 2014: More than one year ahead of Argentina’s general elections in October 2015, six presidential pre-candidates spelled out their political and economic program during Industry Day on September 1 in Buenos Aires....