Zambia Consolidated Copper Mines Investments has disclosed an operating profit of US$100.7mn in 2011 from 8.9mn in 2010 as a result of a favourable economic environment and high commodity prices
Finance
World Bank projects five per cent growth for Kenya's economy
Kenya’s economy will grow at an average of four per cent and attain a strength of five per cent subject to the outcome of the March 2013 election, the World Bank has stated in a new report
Global hotel chains invest millions in Kenya’s hospitality industry
International hotel chains are investing millions of dollars in Kenya and the wider East African region to cash in on the expanding hospitality industry
African diasporan MBA students plan to return after graduation
A recent survey by Jacana Partners has revealed that 70 per cent of African diasporan MBA students from Western business schools said they would return to work in Africa after graduation
African Union and US meet to discuss increased investment
US Secretary of State, Hillary Clinton, and African Union chair, Nkosazana Dlamini-Zuma, have held a series of meetings in Washington, with private sector economic growth forming a key focal point