Finance

Resourceful, flexible and responsive - growth for Africa

Growth for African businesses means overcoming infrastructure challenges – and focusing on sustainability issues.

Satellite photos show urban growth west of Mogadishu

Before: Afgooye corridor – satellite images of the Ceelasha area in October 2007

Satellite imagery from a UN refugee agency assessment on forcibly displaced civilians from Mogadishu shows that a virtual new city is growing up to the west of the Somali capital in the so-called Afgooye corridor.

Central and Eastern European banks lead innovation

New study from Infosys and Efma recognises customer focused innovation, especially in the area of mobile and payments, as a clear focus for banks.

Maintenance order from Egyptian airline

Rolls-Royce, the global power systems company, has won an order worth $350m from Egyptair for extended TotalCare long-term services for 12 Airbus A330 aircraft. Egyptair currently operates eight A330s and four are due to be delivered in 2010 and 2011.olls-Royce, the global power systems company, has won an order worth $350m from Egyptair for extended TotalCare long-term services for 12 Airbus A330 aircraft. Egyptair currently operates eight A330s and four are due to be delivered in 2010 and 2011.

Retirement planning should maintain standard of living

Based on recent research, only 12 per cent of people in South Africa who are members of retirement funds succeed in maintaining their standard of living in retirement.ased on recent research, only 12 per cent of people in South Africa who are members of retirement funds succeed in maintaining their standard of living in retirement.