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Posts Tagged ‘economy’

  • Telecom Tower

    Africa’s telecoms market to be worth $65bn by 2018

    August 26, 2014 • Mobile and Telecoms, Top StoriesComments Off on Africa’s telecoms market to be worth $65bn by 2018

    The African telecoms market is set to be one of the main growth success stories for the telecoms sector in the next 5 years. This is according to a new report entitled Sub-Saharan Africa telecoms market: trends and forecasts 2013–2018 from telecoms...

  • The February Jobs Report in Two Simple Charts

    April 8, 2013 • Top StoriesComments Off on The February Jobs Report in Two Simple Charts

    The U.S. economy added 236,000 jobs in February, beating expectations, and the unemployment rate fell to 7.7%, its lowest level since December 2008. Here’s the breakdown of employment status for all Americans age 16 and above...

  • IBM expanding African operations

    March 16, 2012 • Top StoriesComments Off on IBM expanding African operations

    Multinational technology and consulting corporation IBM, has announced the opening of a new office on the island nation of Mauritius. According to a press statement released on Wednesday, the new office is meant to “strengthen IBM’s ability to provide...

  • AITEC East Africa attracts 100 German delegates

    September 26, 2011 • EventsComments Off on AITEC East Africa attracts 100 German delegates

    The 2nd AITEC East Africa ICT Summit, an event that brings the world to Kenya in a discussion of current issues in ICT, will be held on2-3 November 2011 in Nairobi, Kenya. The theme of the conference is: “We have the bandwidth. Now what?” reflecting a...

  • Africa is a hub for telecoms growth

    August 22, 2011 • Mobile and Telecoms, Top StoriesComments Off on Africa is a hub for telecoms growth

    Africa – no longer regarded as an impassable continent. It has been suggested that 7 of the 10 fastest-growing economies will come from sub-Saharan Africa in the next 5 years. What’s more, the Secretary-general of the International Telecommunications...

  • IBM, Nigeria collaborate on IT infrastructure

    July 21, 2011 • Mobile and TelecomsComments Off on IBM, Nigeria collaborate on IT infrastructure

    Net Solutions Limited, a Nigerian information and communications technology solutions provider, and IBM are collaborating on the development of business infrastructure that would empower local businesses and provide adequate return on investment (ROI). Dr....

  • Nigerian engineers appeal for IT investment

    July 14, 2011 • Mobile and TelecomsComments Off on Nigerian engineers appeal for IT investment

    Nigerian engineers are pleading with President Goodluck Jonathan of Nigeria to invest in broadband Internet connectivity and other information technology infrastructures in his strategy to improve the nation’s economy and achieve Nigeria’s vision. Edet...

  • ITU calls for Nigerian broadband policy

    July 1, 2011 • Mobile and TelecomsComments Off on ITU calls for Nigerian broadband policy

    The International Telecommunications Union (ITU) has urged Nigeria to commence the process to formulate a policy on broadband to prevent any possible disconnection in the emerging global broadband explosion. ITU Secretary-General, Dr Hamadoun Tourégave, says...

  • Dajcom creates jobs in Nigeria

    June 30, 2011 • Top StoriesComments Off on Dajcom creates jobs in Nigeria

    Dajcom Limited, an official Samsung electronic distributor in Nigeria, has created more employment opportunities for citizens living in the country by hiring over 1 000 Nigerians across 36 Nigerian states. Dajcom’s Marketing and Communications Director,...

  • Virtualisation – Can Africa benefit from it?

    June 24, 2011 • OpinionComments Off on Virtualisation – Can Africa benefit from it?

    Virtualisation is widely regarded as a major emerging technology. How does it apply to Africa, and can the continent benefit socially and economically from growth in this sector? The term ‘virtualisation’ is little more than a buzzword for the abstraction...

  • ICT key to Kenya’s growth

    June 17, 2011 • Mobile and TelecomsComments Off on ICT key to Kenya’s growth

    ICT is key to a continued economic growth for Kenya. This is the sentiment of the World Bank’s top Kenya representative Johannes Zutt. Zutt was addressing official delegates during the opening of a new Media Lab, funded by the bank. Zutt says a combination...

  • Over 65 Nigerian telecom companies shut down

    June 9, 2011 • Mobile and TelecomsComments Off on Over 65 Nigerian telecom companies shut down

    ABOUT 65 Nigerian telcos have closed shop in recent times due to the prevailing harsh business environment in the country. President of the Association of Telecom Companies of Nigeria (ATCON), Titi Omo-Ettu, says the Nigerian government and international...

  • Nigeria’s GDP up 6.9% on telecom industry growth

    March 16, 2010 • Mobile and Telecoms, Top StoriesComments (1)

    The Nigerian economy grew by 6.9% last year following the expansion of the telecommunications industry in the country, this according to the Nigerian Bureau of Statistics...

  • More layoffs at Nokia

    May 19, 2009 • Mobile and TelecomsComments Off on More layoffs at Nokia

    As part of its previously announced plans described as streamlining of operations, Nokia today announced plans to lay off a further170 employees working in logistics, production management and production support around the world...

  • SA companies encouraged to look for tech solutions locally

    May 4, 2009 • Hardware, SoftwareComments (1)

    In the current economic downturn and with frequentforeign exchange rate fluctuations raising the cost of international technologies by 25% and more, South African companies may see locally developed products as an attractive, logical solution...

  • SAP records first quarter losses

    April 30, 2009 • SoftwareComments Off on SAP records first quarter losses

    Leading business software provider SAP has released its results for the first quarter of this year, during which it recorded losses in revenue and income...