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11 November 2008 year (time zone GMT 00:00)  Number of sources in English: 4957
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South Africa: Lewis Beats Odds With Sound Credit Strategy

11.11.2008 20:47    allafrica.com
LEWIS's interim results, released yesterday, show that the furniture retailer has bucked the trend despite tough trading conditions. Analysts have warned these conditions could extend well into next year as cash-strapped consumers revise their spending habits .


South Africa: Cadiz Profit Dips 71 Percent But Firm Still Positive

11.11.2008 20:47    allafrica.com
CADIZ Holdings became yet another financial services firm feeling the pain of falling markets when it released its interim results to September yesterday which showed its profit for the period fell 71,3% to R16,2m.

South Africa: Acquisitions Bring Joy to Raubex

11.11.2008 20:47    allafrica.com
CONSTRUCTION group Raubex yesterday reported a strong performance for the first half of the year, boosted largely by its recent trail of acquisitions.

South Africa: Lewis Expanding Despite Tough Times Ahead

11.11.2008 20:47    allafrica.com
RETAIL group Lewis yesterday said it would cautiously expand its operations despite difficult trading conditions as consumers struggle with mounting household debt.


Nigeria: PCRC Leader Commends 7Up, Others

11.11.2008 20:47    allafrica.com
The chairman of the Police Community Relations Committee (PCRC), Life Camp Police Division, Abuja, has commended 7up Bottling Company and other corporate institutions in the area for supporting the police with two patrol vans to enhance police operations.

Namibia: Telecom Takes Scrap Metal Dealers to Task

11.11.2008 20:47    allafrica.com
TELECOM Namibia has lost close to N$6 million so far this year as a result of copper wire theft.

Rwanda: Artel Targets High Speed Internet Connectivity for Rural Areas

11.11.2008 20:47    allafrica.com
Last year Artel had 130 operating sites in rural areas, each served with adequate bandwidth depending to the sites' needs and had connected most government agencies in rural areas to their servers

South Africa: Weak Demand and Low Prices Force Xstrata to Cut Capacity

11.11.2008 20:47    allafrica.com
THE world's largest producer of ferrochrome said yesterday it would suspend 29% of capacity, a sign of growing concern about prices amid a slowdown in the global stainless steel industry.

Namibia: FMD Scare at Meatco

11.11.2008 20:47    allafrica.com
ALL slaughtering activities at Meatco's Windhoek abattoir were halted for 12 hours last week after two cattle with walking difficulties were detected, raising fears of a possible foot-and-mouth disease (FMD) infection.

Nigeria: Shell to Resume Operations in Closed Area

11.11.2008 20:47    allafrica.com
THE Relations Manager (West) of the Shell Petroleum Development Company (SPDC), Mr. Donald Ovberedjo says the company is planning to resume operations in some areas that were closed due to Niger Delta crisis, while appealing for closer working relationship with

Nigeria: Kumho Tyres Appoints New Distributor

11.11.2008 20:47    allafrica.com
Kumho, a tyre manufacturing company has returned to the Nigerian market following the appointment of Super Tyres and Motors Limited as the brand's envoy and marketers.

Tunisia: Start-Up Signs Five Billion Dollar Contract in Madagascar

11.11.2008 20:47    allafrica.com
Tunis, November 10, 2008- According to the daily Le Quotidien, BFI, a Tunisian start- up, specialized in computer solutions for the banking sector, has recently signed a 5 billion dollar contract with the Madagascan government.

Namibia: Iway Falls Prey to Hackers

11.11.2008 20:47    allafrica.com
Computer criminals hacked into Iway's Internet website Sunday morning, totally replacing the website with a blank website and a rather catchy signature message of their criminal work of art.

Tanzania: Bank of Africa Opens Branch in Arusha

11.11.2008 20:47    allafrica.com
Bank of Africa Ltd (BOA), which entered into Tanzania's banking industry early last year has opened a branch in Arusha town. The state of the art branch which is housed at the Arusha Co-operative Union (ACU) building was officially launched

Nigeria: Niger-Delta Crisis - Oil Companies Owe Host Communities N11.8 Billion

11.11.2008 20:47    allafrica.com
THERE may be no end in sight yet to the crisis trailing the oil-rich Niger-Delta region unless the the sum of $100 million (about N11.8 billion) compensation owed host communities in the region by the oil companies operating in the

Nigeria: Turkish Airlines Cut Fares to Europe, Far East From Lagos

11.11.2008 20:47    allafrica.com
Turkish Airlines has introduced a promotional fare of N47,880 ($399) to Europe and N83,880 ($699) to Asia and Far East beginning from November 1, 2008.

Nigeria: MTN Gets Continental Recognition for Supporting MDGs

11.11.2008 20:47    allafrica.com
MTN Foundation, the corporate social investment (CSI) implementing vehicle of MTN Nigeria, has bagged an award for its exemplary commitment to the realisation of the Millennium Development Goals in Nigeria . The award was conferred on the Foundation by Africa

Nigeria: Zain's Saad Al-Barrak Ranked Top Global Ict CEO

11.11.2008 20:47    allafrica.com
Dr. Saad Al Barrak, the Group Chief Executive Officer of the global telecommunication giant, Zain, has been ranked as one of the most influential telecom executives it the wotld.

Liberia: Firestone Natural Rubber Extends Cargo Donation Program

11.11.2008 20:47    allafrica.com
Firestone Natural Rubber Company, LLC announced today that it will extend its cargo donation program through 2009.

Namibia: Koep & Partners Joins Top US Legal Outfit

11.11.2008 20:47    allafrica.com
Law firm Koep & Partners pipped all other Namibian legal practices when it was chosen to join the prestigious US-based Lex Mundi, a leading global association of independent law companies.

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