Dilemma X

France to invest 12 billion euros (US $15.45 billion) by 2017 to aid competitiveness of domestic companies Xinhua PARIS- France planned to invest via its Public Investment Bank, 12 billion euros (15.45 billion U.S. dollars) by 2017 to inject new breathe into the competitiveness of the domestic companies, a bank official said Wednesday. Addressing the […]

Johannesburg to invest R110 billion (US$11.9 billion) in infrastructure Speaking at the Wits University’s School of Education, Tau said that in the 2013/2014 financial year alone, the City would spend R7.3 billion (US$789.84 million) on infrastructure, a 37% increase compared with the current year’s infrastructure spend of R4.6 billion (US$497.710 million). Expenditure on the maintenance […]

2013 World Economic Forum on Africa closes with call for action World Economic Forum (Geneva) Cape Town, South Africa, 10 May 2013 — Calling for investment to consolidate and make more inclusive recent African growth, leaders from across the continent gathered to close the 2013 World Economic Forum on Africa. “We’ve had a couple of […]

Where do the world’s richest people live? RT The old Russian proverb that ‘all money goes to Moscow’ has been validated by the most recent global billionaire hot spot poll, which places Europe’s largest city at number two. Research firm WealthInsight’s report has ranked the top 20 cities where billionaires reside. The 2012 date puts […]

Drilling of Port of Miami Tunnel completed The Associated Press MIAMI — The drilling of a $1 billion tunnel connecting the Port of Miami with nearby expressways is finished, but it won’t open to traffic for another year. A $45 million drill nicknamed “Harriet” began its underground journey on Watson Island off downtown Miami in […]

2nd African Congress of Accountants comes to Accra, Ghana in May 2013 The Institute of Chartered Accountants Ghana (ICAG) announce it will be hosting the second Africa Congress of Accountants (ACOA) at the Accra International Conference Centre under the auspices of the Pan Africa Federation of Accountants (PAFA). The convention will take place from May 14-16th, […]

Influx of Chinese goldminers sparks tensions in Ghana Illegal small-scale mines are an opportunity for poor Chinese immigrants – but are blamed for environmental destruction Afua Hirsch Guardian UK Huang Ren Zhong’s striped parasol stands out against the muddy cliff of excavated earth. The horizon is fringed with the tall trees of the Ghanaian rainforest, […]

U.S. to finalize $10 billion Middle East weapons deal Chuck Hagel, US defense secretary, says arms deal with Israel, UAE and Saudi Arabia sends “clear signal” to Iran. Al Jazeera A $10bn arms deal is under discussion between the United States and its Arab and Israeli allies that will send a “very clear signal” to […]

Russia vows to keep healthy growth despite global slowdow Xinhua MOSCOW– Russia strives to maintain healthy and crisis-proof growth amid global economic woes, Prime Minister Dmitry Medvedev said Wednesday. “The first months of this year demonstrates that the global economy slowdown trend persists. This bears serious risks,” Medvedev told the State Duma, or lower house […]

South Africa: New film studio for Cape Town BIZCommunity.com A new boutique film studio, Narrative Truth, has opened in Cape Town. Headed by Bauke and Candice Brouwer, its motto is ‘We do Story’, expressing its passion to bring stories to life through film. From online content to viral, documentaries and commercials, the philosophy is story […]