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FNB customers will be able to check balances, purchase products, and view Lotto results using Facebook. (flowcomm/Flickr)

South Africas First National Bank (FNB) has introduced banking via social networking site Facebook

The fund invests in projects at early exploration stages across Africa. (Image source: NitinKirloskar/Flickr)

The second New Africa Mining Fund (NAMF II) has said it will make its first investment in the African mining sector within three months

The Nigerian movie industry is acknowledged as the third largest after Hollywood and India’s Bollywood. (Image source: Elvert Barnes/Flickr)

Online distributor of African movies, Iroko Partners, has received US$2 million funding from a Swedish firm, which it has said it will use to take its service to cable and satellite TV partners in the US and Europe

Tax experts believe the drafters have recognised commercial realities in South Africa while drawing up the bill. (Image source: Heather Dowd/Flickr)

Experts have welcomed proposals on double taxation in the Taxation Laws Amendment Bill released by the South African National Treasury to aid the countrys multinational companies do business across the African continent

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