14 Sep 2009

 

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Light at the end of Zim tunnel

Politics in Zimbabwe is still highly volatile with the new Unity Government not quite on amicable terms and accusations being thrown back and forth as a low-key power struggle continues. Business in Zimbabwe, however, is picking up and potential investors are seeing great prospects for the country. There is suddenly light at the end of the tunnel with Mutare Board and Paper Mills back in business; three daily newspapers set to launch in the near future provided government plays ball and mobile penetration has risen with Telecel Zimbabwe adding 350,000 more lines to the network. The big one, however, announced late last week, is the acquisition of both Shell Zimbabwe and BP Zimbabwe by South Africa's Engen Petroleum and African petroleum marketing company, Kenolkobil. While the agreement still remains subject to approval, both entities have confidence in the Zimbabwean market. Is this the right time to invest in a country that's been only associated with doom and gloom for the past decade? One can't be entirely sure, but if it is, then late-starters will definitely find themselves facing stiff competition.

Cheers! Sindy Peters, Content manager
Send all your Africa marketing news to africanews@bizcommunity.com.

Today's top stories



Editorial news

2010 FIFA World Cup


AFRICA
Airports gear up for 2010 influx
JOHANNESBURG: South Africa's airports are gearing up to receive an estimated half-a-million visitors for the 2010 FIFA World Cup with improved facilities through a US$35-million IT programme. Read more >>

SOUTH AFRICA
New Sony Ericsson fan website for 2010
Earlier this month, Sony Ericsson launched the action-packed Extra Man website for all 2010 FIFA World Cup fan content needs. Read more >>

Advertising


SOUTH AFRICA
Design cube campaign for Art Directors' Club, Nissan
NEW YORK: The Art Directors Club and Nissan North America last week announced a partnership to launch the inaugural ADC-Nissan Student Brief Competition. It is open globally to students currently enrolled in undergraduate or graduate-level programs in advertising, graphic design, photography, illustration and new media. Read more >>

Digital


KENYA
Kenya: e-Commerce is here, finally
[Carole Kimutai] The arrival of the East African Marine Systems (TEAMs) fibre optic cable in Kenya has heralded a new era of better and faster internet connection. Business expectations have risen as well. Carole Kimutai spoke to Information and Communication Permanent Secretary Dr. Bitange Ndemo on how this translates into better business. Read more >>

Media


SOUTHERN AFRICA
Swaziland media urged to speed up self-regulation process
MBABANE: Swaziland High Court judge, Justice Thomas Masuku has urged the Swazi media to speed up the process of self-regulation. The judge said this while speaking at the MISA Press Freedom Awards 2009 gala dinner held at Ezulwini Sun Convention Centre early last week. Read more >>

Mobile


AFRICA
Mobile TV in Africa: Alcatel-Lucent's solution
[Sylvain Beletre] In Africa, and just as preparations for the 2010 FIFA World Cup tournament are gathering momentum in most African countries, a few African mobile telephone operators signaled their intention to lead the market in the Mobile TV area. Some service providers across Africa have launched or are in the process of rolling out Mobile TV as a way to complement their multimedia audience and revenues. Read more >>

Printing


ZIMBABWE
Zim: Newsprint producer bounces back
[Dumisani Ndlela] Zimbabwe's sole paper producer Mutare Board and Paper Mills (MBPM), which stopped production last year, has bounced back ahead of the launch of at least three daily newspapers in the country. Read more >>

Radio


CENTRAL AFRICA
Joy Radio wins case against state
[Gregory Gondwe] Courts have cleared Malawi's privately-owned Joy Radio which was shut down by government during the 19 May 2009 elections for allegedly airing campaign material during polling day contrary to the law. Read more >>

Retail


SOUTHERN AFRICA
Engen, Kenolkobil acquire Zim Shell, BP ventures
Engen Petroleum, South Africa's refined petroleum products company, and Kenolkobil, an indigenous African petroleum marketing company in the East and Central African region, have signed a sale and purchase agreement to jointly acquire all the shares in Shell Zimbabwe (private) and BP Zimbabwe (private). Read more >>

TV


AFRICA
Multichoice secures capacity on Intelsat 20
PEMBROKE, BERMUDA: Multichoice have signed a long-term, multi-transponder agreement for satellite capacity with Intelsat, a worldwide provider of fixed satellite services. The agreement extends and expands MultiChoice's existing contract on the Intelsat 7 satellite at 68.5ยบ E to the follow-on satellite, Intelsat 20 (IS-20), which is slated to be launched in early 2012. Read more >>


Company news

2010 FIFA World Cup


SOUTH AFRICA
Fresh stories from Africa on the road to 2010 and the World Cup - Africa Media Online
This month not only saw the first African qualification for Africa's first FIFA World Cup, but the first of what will be hundreds of multilingual articles, photographs and audio recordings made available through an ambitious programme to help the rest of the world see through African eyes. Read more >>


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Events to diarise
  • Creative writing for the media PRISA - Broederstroom, 18 September
  • 4th World Summit on Arts and Culture National Arts Council - Johannesburg, 22 September
  • Africa Skills Development & HCM Summit 2009 Kishima Productions - Johannesburg, 28 September
  • Corporate Social Media Marketing Conference Customised Skills Development - Johannesburg, 29 September
  • Media Expo Uganda Royalway Media Ltd - Kampala Uganda, 24 October
  • Freedom and Responsibility in the Media Institute for the Advancement of Journalism (IAJ) - Johannesburg, 9 November

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