I&M Bank Plans to Fundraise for Regional Expansion.

I&M Bank Ltd., plans to raise money in the next year to fund its regional expansion, Chief Executive Officer Arun Mathur said. This comes as I&M Bank is set to being trading at the NSE this month. The bank plans to begin operations in Uganda in the next 12 months, possibly by acquiring an existing lender, before venturing into South Sudan and Zambia, Executive Director Sarit Raja-Shah said in an interview to Bloomberg news. I&M already operates in Tanzania, Rwanda and Mauritius. “We are still thinking of how to raise money,” Mathur,...

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10 Great Hidden Careers for 2013 and Beyond

Most people limit their career choices to the well-known: doctor, lawyer, or engineer. Here are 10 professions that are not only underappreciated, but that offer advantages over the more traditional careers. Here are ten careers that you might want to re-look again and advise someone to pursue. 1. Kindergarten-ECD- teacher. Parents are forking gazillions for their children to study in top notch private kindergarten schools. Whilst in our generation nursery school wasn’t something our parents thought much about, these days it’s different. The fee...

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The Most Overlooked Part of Your Data Security.

Organizations constantly replace outdated computers, servers, laptops, copiers, and countless other types of electronic devices to keep up with technology and enhance worker productivity. This rush to upgrade, however, creates a challenge: large numbers of excess electronics must be managed and disposed of properly. During a recent IT asset disposal project for a large New York bank, a chain-of-custody audit revealed three computers were untracked. An IT director was suspected of taking them. Soft Underbelly of Data Security Without question,...

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Mombasa port falls behind Durban port in African trade.

Transporting goods by sea remains the most common way to trade globally, but in Africa cargo spends an abnormally long time in ports before it is moved inland, presenting a serious obstacle to the successful integration of sub-Saharan economies in worldwide trade networks. A World Bank study, titled ‘Why does cargo spend weeks in sub-Saharan African ports?’ shows. Lessons from six countries, found the average cargo waiting time to be 20 days and that more than half of the time needed to transport cargo from ports to ­hinterland cities in landlocked...

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Doing Business in Africa, Critical to Global Growth - U.S.

The United States government yesterday stressed the need and importance for foreign investors in the country and across the world to do businesses in the African continent. Speaking at ongoing African-US Trade Exhibition held at the Baltimore Convention Center, the Governor of Maryland State, Mr. Martin O'Malley, maintained that doing businesses with Africa w...

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