On the day Bennie Coleman lost his house, the day armed U.S. marshals came to his door and ordered him off the property, he slumped in a folding chair across the street and watched the vestiges of his 76 years hauled to the curb. Movers carted out his easy chair, his clothes, his television. Next came […]
Kenya – the world’s newest tax haven?
From Al Jazeera.com Is Kenya being prepped to become Africa’s flagship tax haven? If anyone ever doubted the sheer scale of corporate greed, they had the unedifying spectacle of Tim Cook, CEO of Apple, to enlighten them last week. In already infamous evidence to a Senate Committee, he demonstrated there is no limit on what corporations will take […]
The first Brazil-Ethiopia-Djibouti-South Sudan Investment and Trade Seminar
A two-day Brazil-Ethiopia-Djibouti-South Sudan Investment and Trade Seminar opened today (June 6th) in Addis Ababa. Organized by the Embassy of Brazil in Ethiopia, the Seminar aims to provide an opportunity for business and investment networking between governments and companies from Brazil, Ethiopia, Djibouti and South Sudan.It also aims to encourage strategic information-sharing on potential investment […]
Tanzania has completed the digital transition
Tanzania has become the first mainland African country to declare that it has completed the digital transition New channels are now available to free-to-air viewers on their set-top boxes. This provides an interesting opportunity for the delegates to the Broadcast, Film and Music Africa Conference taking place at the end of the month to look […]
Billionaires dumping stocks
Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast. Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool […]
Africa’s top 30 under 30 entrepreneurs
Mfonobong Nsehe, lists 30 under 30 African entrepreneurs to keep your eye on. They are blazing a path. Young entrepreneurs are changing the face of Africa. I set out to produce a list of the 30 Africans under 30 years old who are making the most dramatic impact across the continent. To do so, in […]
Grand plan: East African Monetary Union
Who’s afraid of the euro crisis? How East Africa can create a Monetary Union that works Click here to read the column by Dr Richard Sezibera is Secretary General of the East African Community.