Bridging the divide | Exposing Opportunity
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The American network chose to remain tight lipped about the reason Koinange, 41, lost his job giving no more than a “he is no longer employed at CNN, and we are not commenting beyond that,” statement from CNN spokeswoman Christa Robinson who added that “there are several different people who will fill in for the [...]
The quest by Nigerian banks for the top positions in Africa, under the guidance of Chukwuma Soludo, is going well on the capital front, but remains very shaky on the technology leg.
First forced into mergers and recapitalisation by Soludo, governor of the Central Bank of Nigeria (CBN), the banks have made great progress on the [...]
Microsoft has beaten out rival Google in a battle to invest in socializing Web site Facebook, agreeing to pay $US240 million for a stake in the Web phenomenon and expand a deal to sell advertising.
Google and Microsoft, now rivals for Internet-based audiences and applications, each expressed interest in a minority stake in Facebook for its [...]
De Beers and its diamonds are entering cyberspace.
This month, De Beers Diamond Jewelers, the joint venture between South African mining firm De Beers SA and luxury conglomerate LVMH Moët Hennessy Louis Vuitton, is launching e-commerce on its Web site at debeers.com.
E-commerce will be exclusive to the U.S. market and will offer diamond jewelry ranging from [...]
Naspers Limited (JSE:NPN) today announced it has made a strategic investment in MFD Mobiles Fernsehen Deutschland (MFD), Germany’s pioneering mobile television company for an undisclosed amount. MFD’s mobile TV service, watcha, comprises five television channels and one visual radio channel. The company has established a broadcasting network in 16 metropolitan areas across Germany.
Naspers has been [...]
Mitec Telecom Inc. announced a new contract to provide its Very Small Aperture Satellite Terminal product, also known as a VSAT Block up Converter for a major cellular network operator in Africa. Financial terms were not disclosed
The initial order is expected to be the first in a series of orders in support of a [...]
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