Category: Business

Absa Bank Limited refinances and upsizes Harmony Gold Limited’s existing Term Debt Facility

Absa Bank Limited refinances and upsizes Harmony Gold Limited’s existing Term Debt Facility

By Calvin Mashigo  Absa Group Media Relations 011 350 4663, 076 400 9349 Email: Calvin.Mashigo@BarclaysAfrica.com PRmedia@Absa.co.za   The transaction was oversubscribed with the debt syndicated to a total of 8 Lenders, including 3 new Lenders   JOHANNESBURG, South Africa, August 18, 2017/ — Absa Bank (www.Absa.co.za) has successfully refinanced and upsized Harmony Gold Limited’s existing USD 250,000,000 Term Debt to a 3 year USD 350,000,000 facility. Absa Bank acted as Bookrunner, Co-ordinator and Mandated Lead Arranger. The transaction was oversubscribed with the debt syndicated to a total of 8 Lenders, including 3 new Lenders. This allowed Harmony to broaden its...

Protect yourself from Ransomware, prods Standard Bank’s Acting Head of Marketing Sigrid Tjijorokisa

Protect yourself from Ransomware, prods Standard Bank’s Acting Head of Marketing Sigrid Tjijorokisa

By Commerce & Industry Review Magazine An insurmountable number of organizations and individuals around the globe have come under attack in recent months by ransomware, designed to cripple these organizations/individuals in exchange for cash. As the name suggests, malicious software is installed in various digital devices, corrupting the owners’ files, rendering them unreadable and/or inaccessible, unless the owners of the devices pay a ransom. Within organisations where the digital devices share a network, the ransomware can spread. “Cyber criminals have perfected the art of tricking people into unknowingly participating in scams. With ransomware, they typically send an email containing a...

API Summit & Expo 2017 Presenting a New Chapter for African Real Estate

API Summit & Expo 2017 Presenting a New Chapter for African Real Estate

By Africa Property Investment (API) Summit & Expo Multimedia content   ASK your questions LIVE   JOHANNESBURG, South Africa, August 22, 2017/ — A new reality for the African real estate industry, which has faced a number of geo-political and economic challenges over the last few years, is starting to emerge, and investors and developers have already started to look into how they can best redefine this new property landscape.   Key Questions Covered in Press Conference:   Leonard Michau, Head – sub-Saharan African Operations at Broll Property Group   Once the darling of African real estate, the sentiment for...

Africa Oil Week 2017 Announces Dynamic, Forward-Looking Programme

Africa Oil Week 2017 Announces Dynamic, Forward-Looking Programme

Africa Oil Week 2017 Announces Dynamic, Forward-Looking Programme The 24th Africa Oil Week incorporates the 17th Africa Independents Forum (23 Oct), the 24th Africa Upstream (24-27 Oct), the 5th Africa Local Content Forum (23 Oct) and the 5th Young Professionals in Oil, Gas & Energy session (26 Oct) LONDON, United Kingdom, August 18, 2017/ — ITE (www.ITE-Exhibitions.com), organiser of top international oil and gas events, is pleased to announce details of the programme for the 24th Africa Oil Week, the world’s longest running oil and gas conference on the African continent, to be held in Cape Town, South Africa, from...

Absa Bank Limited and China Development Bank Conclude a $100 million Agreement

Absa Bank Limited and China Development Bank Conclude a $100 million Agreement

By Lerato Matsaneng  Absa Group Media Relations 064 757 4716 Lerato.Matsaneng@Absa.co.za PRmedia@Absa.co.za   This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises (SME) JOHANNESBURG, South Africa, August 18, 2017/ — Absa Bank Limited (www.Absa.co.za), a subsidiary of the Barclays Africa Group (BAGL) (www.BarclaysAfrica.com), has successfully concluded a five year $100 million Special Facility Agreement with the China Development Bank (CDB). This is the first major transaction between the two lenders and is geared towards providing funding to Small and Medium Enterprises (SME). This will also benefit BAGL’s existing...

Today We Draw Line, Hate Speech Will No Longer Be Tolerated – Acting President Osinbajo

Today We Draw Line, Hate Speech Will No Longer Be Tolerated – Acting President Osinbajo

By Laolu Akande Senior Special Assistant on Media & Publicity to the President Office of the Acting President   It’s an act of terrorism, he warns Prof Yemi Osinbajo   ABUJA, Nigeria, August 17, 2017/ — Opening Remarks by His Excellency The Acting President, Prof Yemi Osinbajo, San, Gcon, At The National Economic Council, NEC, National Security Retreat, at the Banquet Hall of The State House, Abuja, 17 August 2017:   I am delighted to welcome you to this special session of the National Economic Council, focusing on Security. As you’re all aware, the Buhari administration came into office on...

Vic Falls Carnival

Vic Falls Carnival

https://www.facebook.com/JamesonVicFallsCarnival/videos/992879340853603/ Experience a bucket-list New Year’s at One of the Seven Wonder’s of the World with Africa’s biggest artist, Black Coffee!! The unforgettable line-up includes Mi Casa, Ammara Brown, The Kiffness, MAMPI QUEEN DIVA, Tresor, Rubber Duc, Jason Le Roux, Flying Bantu, DJ Francis and many more! @tag and share with your friends so they don’t miss out! GET YOUR TICKETS HERE: http://vfc.nutickets.co.za/ JOIN THE EVENT HERE: http://bit.ly/VFCEvent **Black Coffee and Mi Casa are performing on 30th Dec and you must have a 2 Day or 3 Day ticket to attend. In partnership with : Zambezi Lager, Love for Africa,...

PF Govt fighting poverty, vows Rev. Dr. Howard Sikwela

PF Govt fighting poverty, vows Rev. Dr. Howard Sikwela

      By Bryan Chafilwa “|It is a miracle for some Zambians to have three meals per day, while some of us are having six meals a day Community and Development and Social Services Permanent Secretary Howard Sikwela has lamented. Reverend Sikwela said Zambia has some of the highest poverty levels in Africa, with most of its citizens not able to have three meal’s a day. The Permanent Secretary however, said government has put measures in place to help alleviate poverty levels. He said one way of reducing poverty among the citizens is a partnership that the Ministry of...

Ministry of Community Development and Social Services  Permanent Secretary Rev. Dr. Howard Sikwela  Monday 21ST AUGUST, 2017  SCT-ZAMPOST speech

Ministry of Community Development and Social Services Permanent Secretary Rev. Dr. Howard Sikwela Monday 21ST AUGUST, 2017 SCT-ZAMPOST speech

  AT THE SIGNING CEREMONY OF THE SOCIAL CASH TRANSFER (SCT) ZAMPOST PAYMENT SYSTEM OF THE BENEFICIARIES OF THE SOCIAL CASH TRANSFER PROGRAMME HELD AT PAMODZI HOTEL   Monday 21ST AUGUST, 2017   THE MINISTRY OF FINANCE, REPRESENTATIVE, THE POST MASTER GENERAL, THE ZAMPOST DELEGATES, THE COOPERATING PARTNERS PRESENT, DIRECTORS PRESENT, SENIOR GOVERNMENT OFFICIALS PRESENT, MEMBERS OF THE PRESS, MAY I SIMPLY SAY LADIES AND GENTLEMEN,   I AM HONOURED AND DELIGHTED TO OFFICIATE AT THIS SIGNING CEREMONY OF THE SOCIAL CASH TRANSFER ZAMPOST PAYMENT PARTNERSHIP FOR THE SOCIAL CASH TRANSFER PROGRAMME. MY MINISTRY IS COMMITTED TO ENSURING THAT THE...

Professor Enala Mwase showers praise on ‘She Inspires’ Mazyopa township donation

  By Thomas Kabwe Mulenga http://rainbownewszambia.com/…/professor-enala-mwase-showe…/ An organisation formed and led by some University of Zambia students known as “She inspires” donated assorted items to the underprivileged Mazyopa Township people in Lusaka’s Munali Constituency on Saturday 19th August 2017. Mandevu Constituency is under the jurisdiction of Member of Parliament (MP) Ms. Jean Kapata, who is Land and Natural Resources Minister. ‘She Inspires’ Good Samaritan’ donation included mealie meal, cooking oil, soap, clothes, to name but four items”. “She inspires” founder Musanje Maggie Bukowa, a third year student of media and communication studies said the organisation was moved by the main...

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