| Headlines | Online advertising boosts Ugandan publisher's earnings Zimbabweans up in arms after price of beer rockets Nigerian central bank raises interest rate Ugandan science and technology researchers to get $2.2 million Zimbabwe: Informal markets boom with homemade commodities Table Mountain Declaration now on the web MTN Nigeria awarded US$2bn loan facility The battle to stem the demise of global banking brands Zimbabwe: Promise of full shop shelves met with scepticism
| | Marketing | | AFRICA FORTUNE International editor discusses the 2007 Global Forum FORTUNE International editor Robert Friedman participated in a Q&A about the world's premier summit for chief executives, The FORTUNE Global Forum 2007, which will bring together more than 300 global participants in New Delhi, India from 29 - 31 October 2007.
| Advertising | | UGANDA Online advertising boosts Ugandan publisher's earnings Increased website advertising revenue played a major role in pushing up profits of newspaper publisher the Vision Group, by 17%. The printing and publishing small-cap equity posted a profit before tax of Ushs4.7 billion this year up from over Ushs3.6 billion in 2006.
SOUTH AFRICA Emerging agency attempts to save the world - Afrofusion Communications Afrofusion Communications, a young agency led by owner and MD, Antoinette Prophy, recently launched its first TV commercial for South Africa's Environmental Campaign, Indalo Yethu. After winning the pitch, the challenge was to launch with a limited budget but a massive objective.
| Branding | | ZIMBABWE The battle to stem the demise of global banking brands The planned indigenisation of banking institutions in Zimbabwe has created grave economic concerns, centred on what appears to be a crusade by Minister of Indigenisation and Empowerment, Paul Mangwana's crusade for the demise of international brands in the financial sector.
| Digital | | KENYA Hewlett Packard to support digital schools [Joyce Joan Wangui] Technology company Hewlett Packard Eastern Africa has teamed up with a US non-governmental organisation known as Build African Schools to set up four digital schools in Kenya.
| Eventing | | EAST AFRICA Ethiopia to host ICT Africa in 2008 [Joyce Joan Wangui] A high level Information, Communication and Technology event dubbed ICT Africa 2008 is set to take place in Addis Ababa, Ethiopia from 13 - 15 February 2008.
| Media | | AFRICA Table Mountain Declaration now on the web The World Association of Newspapers recently launched a new website to support the Declaration of Table Mountain, which calls on African nations to abolish all laws that restrict freedom of expression.
| Mobile | | NIGERIA Celtel introduces 0708 combination [Remmy Nweke] Celtel Nigeria has introduced a new mobile access code 0708 into the industry, with a target of another 10 million subscribers.
NIGERIA MTN Nigeria awarded US$2bn loan facility MTN Nigeria has received a new loan facility of US$2 billion from a consortium of 21 foreign and Nigerian banks and financial institutions. This is believed to be the largest loan syndication to any telecoms company in Africa, is coordinated globally by the Standard Bank Group of South Africa. The agreement was formalised at a signing ceremony held on 3 October 2007.
KENYA Court throws out Safaricom IPO suit [Zachary Ochieng] The much-touted sale of the Kenyan government's 25% shares in Safaricom will go on after all; following the High Court Judge Justice Joseph Nyamu's decision to throw out the suit filed by three opposition legislators, seeking to bar the government from selling the shares until the Privatisation Act 2005 comes into force.
| Research | | UGANDA Ugandan science and technology researchers to get $2.2 million [Walter Wafula] Institutional research teams have an opportunity to be in line for at least $2.2 million (over Ushs3.8 billion) in grants, for writing excellent scientific and technological research proposals that can help Uganda achieve a science and technology-led growth, instead of agriculture.
| Retail | | ZIMBABWE Zimbabweans up in arms after price of beer rockets Days after Zimbabwe's central bank governor said low beer prices were turning the country into “a nation of drunkards”, the country's main beer supplier increased prices by more than 200 percent on Friday, sparking uproar from imbibers.
NIGERIA Nigerian central bank raises interest rate The Nigerian central bank has raised its benchmark interest rate MPR from 8% to 9% because of rising inflation, officials said on Thursday, 4 October.
ZIMBABWE Zimbabwe: Informal markets boom with homemade commodities Unable to get their hands on scarce and often expensive essentials, Zimbabweans are settling for food items such as cooking oil that are cheap, often substandard, and sometimes dangerous, that are now flooding the informal markets.
ZIMBABWE Zimbabwe: Promise of full shop shelves met with scepticism Predictions by Zimbabwe's Reserve Bank Governor, Gideon Gono, that empty supermarket shelves will soon be packed with goods are being received somewhat sceptically by Zimbabweans.
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