Business

The Tanzanian Shilling, also known as Shillingi is the official currency in use in the East African country of Tanzania although the use of the American Dollar is also widespread and acceptable. While this currency may not be as popular as other world currencies, there exist some interesting facts worth knowing about it. These facts have to do with its history, the transition of bank notes, coins denomination, exchange rates...

Uganda as a country is located in the Eastern part of Africa. She was colonized by the British and got her Independence in 1962. Uganda practices a Democratic system of government and ranked to be among the fastest growing economies in Africa. Geographically, the southern part of Uganda includes a substantial portion of Lake Victoria, one of the most remarkable lakes in Africa, shared by Kenya and Tanzania. The Ugandan Shilling...

It's not uncommon to hear about business people who started from the little start-up fund they could raise and ended up building a thriving firm, or about seasoned business owners who took over a decades-old enterprise and transformed it into a bigger business empire. These stories are all inspiring, and what is more motivational is hearing about people who started with just nothing, as you can see on this...

News could now be published and read all over the world through the internet. It could be available at the fingertips of online users any time of the day and wherever they are. South African newspapers provide a sure way to stay updated on all the latest news and information on South Africa. The limitations placed on newspaper circulation has almost completely been lifted as more and more South...

Ethiopia is an East African country with many activities going on ranging from economic to political and social activities. Getting all the latest news from Ethiopia can sometimes be challenging, however, Ethiopian newspapers are beginning to make a shift to satisfy the increasing need for news lovers in the online community. There are not so many Ethiopian newspapers but the availability and reach of these newspapers can be greatly...

Apart from offering one of the best safari tours and destinations in the world, the Country of Tanzania is surrounded by quite a lot of news events and activities and as such is only expected that a lot of newspapers go for circulation every day or weekly. Tanzanian newspapers are mostly published in either of the two major and official languages spoken in the country: the English or Swahili...

Ghana newspapers are published in different formats and style. There is no certain protocol or news reporting style that is followed by newspaper companies in Ghana. This is why you need to make a choice of what newspaper to select. News today is not only accessible on printed media, but also online which is even a lot cheaper to set up. Online newspapers in Ghana have benefited from the...

The internet provides everyone access to a lot of information from science and technology, news and politics and to kind of topic possible. During the time when the internet was not yet that popular in Kenya, a good source of information regarding latest local and international news were Kenyan newspapers. Today, technology has even made these newspapers to become accessible online and are even becoming more popular and reaching...

The Daily Nation newspaper is an independent and the most widely read Kenyan newspaper published by Nation Media Group (NMG) Limited; a media company founded in 1959 by Aga Khan IV. It has grown to become the largest private media house in the entire East and Central Africa and has been listed and trading on the Nairobi Stock Exchange since the early 1970s. Facts About Nation Media Group and Daily Nation Newspaper See Also: 100 Most Influential Africans 1. The...

Kenya is a sovereign state in East Africa which lies on the equator with the Indian Ocean to the south-east, Tanzania to the south, Uganda to the west, South Sudan to the north-west, Ethiopia to the north and Somalia to the north-east. The radio and TV media of Kenya comprises of over 90 FM stations, over 15 TV stations, and a number of print newspapers and magazines. Most of these publications mainly use English as their primary language of communication but there are still some...

Previously, prior to modern banking in Kenya, people used to exchange goods and services by direct contact - You give me what you have, I give you what I have which is generally known as trade by barter. Trading was mainly controlled by the forces of demand and supply, there was no policy guidance or Central bank to formulate guidelines and fiscal policies. If nobody is interested in what...

Angel Investors are a group of individuals or companies that have pulled their resources with the purpose of investing in startup businesses in exchange for a convertible debt or an equity in the new business. Africa is fast becoming the next land of opportunities and we have seen a lot more startups being formed in the recent 5 years compared to the corresponding earlier 5-year term. The challenge faced...

Africa is a highly resourceful continent with a great return on investments if you can be able to strategize and tap into the huge market. With a population that is almost equal to 1 billion people, your market cannot be bigger. The problem, however, being faced by a lot of people is knowing the right African business idea to invest in. It may be a bit more challenging for those who...

Nigeria is always on the news: if not for kidnapping, then it is bribery and corruption but recently Nigeria was on the news for winning the African Cup of nations once again and it was a moment of jubilation for one of the most diverse countries with quite a large pool of talents. How do you stay updated on Nigerian news since the era of waking up in the...

In the international community, African Banks are beginning to compete better in terms of capitalization. In as much as most of them would not be compared with some of the well-financed banks in America and the United Kingdom, they can favorably stand at par with a lot of others. These banks which are top in Africa (N.B Each bank's audited annual financial statement was used for the comparison and...

Africa is a continent where women are generally not allowed the freedom to exercise their experience and ideas when compared to their western counterparts. However, through the influx of higher standards of education, African women are beginning to experience freedom and embrace the opportunity to become more enterprising. There are ten women who have proven their worth, standing out to become the top 10 richest women in Africa and employers...

Nigeria is a country with a population of more than 180 million people, and there is a great need for very strong and trustworthy banks to serve the huge population. There are about 22 licensed commercial banks in Nigeria. These banks emerged much stronger and diverse after consolidation than they were before. In the process of carrying out their functions as the safe keeper for valuables and cash, they...

The banking industry is not "a one size fit all" industry. Each territory has it's own intricacies that can either make or mar the active players depending on how they engage. Moreover, the saying "It is not how far but how well" aptly describes the Nigerian situation as new generation banks appear to be taking center stage in the scheme of things in today's Nigeria. The Nigerian banking sector is...

Life can be unpredictable and most times, things might not always go according to plan, assumption, and aspiration. The major reason most people get insured is to transfer their risks and fears to a second-party - and also have a buffer in case something unplanned happens. Insurance companies over the years have taken the brunt of damages to lives and properties, paying quality compensations to registered clients in the...