This month BRALIRWA, a beer and beverages producer in Rwanda, and Donavant Zambia Ltd, were commended and given certificates by Global Business Coalition (GBC) on HIV/AIDS, Tuberculosis and Malaria.

Celtel Tanzania has joined its sister companies in Africa and the Middle East in adopting the brand name Zain as part of rebranding the entire African operations from Celtel.

Shell Petroleum Development Company (SPDC) Limited, has announced that it has entered into an agreement for the supply of gas to the National Integrated Power Plants(NIPP) by third quarter of 2009.

JOHANNESBURG's Glen Shopping Centre, which is 75,15% owned by Hyprop Investments, is undergoing a n expansion at a cost of R370m.

GOLD producer Gold Fields boosted production in the June quarter in line with market expectations after power-related disruption in the March quarter, but warned on Friday that output would be hit over the next six months by a number of

PETROCHEMICALS group Sasol will hedge 30% of its planned South African synfuel production in the next financial year to cushion itself against a fall in crude oil prices.

GRINDROD, the shipping and logistics group, has acquired the remaining 50% stake it did not already own in Oreport, an industrial raw material procurement specialist, for an undisclosed amount.

UMEME'S battle against electricity theft is far from over as billions of shillings worth of power are stolen.

It was truely a defining moment in the history of Ugandan telecommunications, as the country's first mobile service telecomunication company, Celtel rebranded to Zain at a mega concert that was headlined by international Haitian-born singer and producer Wycleff Jean and

After many months of speculations, Celtel Nigeria changed its name yesterday to Zain. At a press briefing, which took place at Tafawa Balewa Square, Lagos the company's management, led by its Chief Executive Officer, Mr Bayo Ligali, officially unveiled the

Guards at a security firm, Intersec, have accused leaders of their savings association of diverting their funds for personal enrichment, Sunday Times has learnt.

CRESTA Hospitality has terminated its management contract with Royale Accra in Ghana over unpaid management fees and lease agreements disputes.

Xerox, a global provider of office solutions has made a comeback into Uganda seven years after closing shop. "We shall do anything to support our business for many decades to come," the Group Managing Director, Rob Abraham said.

After yet another successful year of trading in which Housing Finance Bank made a profit of close to Shs6 billion, the Annual General Meeting of shareholders approved a 50 per cent dividend pay out of the net profit.

TN Bank, a new entrant in the financial services sector, has pushed its historic opening to the public to October following its delayed capital raising initiative.

Africa's only listed cash loan company has officially opened shop after almost a year of inconspicuous trading in Namibia.

CELTEL Zambia is among 14 African countries that yesterday successfully re-branded to Zain.

In an encouraging sign for investors who had been apprehensive about the continued decline of the Nigerian stock market, First City Monument Bank (FCMB) and INTL Consilium LLC Florida, USA, recently announced a partnership to launch a US$100 million hedge

Friday was a very fruitful day for the maiden Federation of Uganda Football Associations (Fufa) Awards Gala as two companies committed Shs37m to the August 22 festival.

Integrated energy solutions provider, Oando PLC, has announced the appointment of Dr Raphael Awoseyin as its Group Head, Infrastructure; as well as Mr Tunde Ogunnaike as the new Chief Executive Officer of its subsidiary, Oando Exploration and Production Limited (OEPL).