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South Africa: Starbucks opens up Shop

On its first day in sub-Saharan Africa, Starbucks supplied blankets and umbrellas along with free coffee samples to its new customers who lined up in at her opening day. It has taken Starbucks years to get to South Africa, but some consumers have taken the coffee giant’s entry into the local market as a reaffirmation of […]

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Africa: Malaysia permitted to use Mozambique, South Africa waters in MH370 search

The Republic of Mozambique and South Africa have agreed to allow Malaysia to use their waters to continue the search for the vanished Malaysia Airlines (MAS) Flight MH370 jetline. Transport Minister Liow Tiong Lai said the Malaysian government, however, was still waiting for more debris to be found before despatching a search team there. “At […]

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South Africa: New US$ Bond Oversubscribed

South Africa has successfully issued a US$ 1.25billion 10-year bond in the international capital market to help finance its foreign currency commitments over the medium term, the Treasury said recently. In a statement, the Treasury said the dollar bond, with a coupon of 4.875%, had been more than two times oversubscribed with an investor base […]

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South Africa: Zero malaria Cases targeted by 2018

South Africa’s Department of Health said the government has plans to eliminate malaria by achieving zero cases of locally transmitted malaria in the country by 2018.This year’s World Malaria Day, themed “End Malaria for Good,” is being commemorated to highlight successes for controlling malaria and the plight of the disease around the world. The Department […]

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Africa: Skygistics SA acquired by ORBCOMM

Skygistics is a long-time partner of SkyWave, a subsidiary of ORBCOMM, and a distributor of SkyWave’s satellite connectivity products. Satellite connectivity is used widely in Africa for cost-effective, mission-critical cross-border security monitoring and asset management applications. “The acquisition of Skygistics supports ORBCOMM’s long-term strategy of becoming a leading global, full-service provider in the Internet of Things,” said […]

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South Africa: Broadband Infraco to be acquired by Vodafone

Vodafone Group Plc’s South African unit is considering a bid for unprofitable state-owned Internet company Broadband Infraco, as the country works toward the privatization of some government assets. The potential sale of Broadband Infraco would follow a report commissioned by President Jacob Zuma that showed South Africa should consider selling stakes in state-owned companies to private entities […]