London, April 28, 2018 (AltAfrika)-The week ending April 28, 2018 produced some eye-catching news in the African business circle. AlternativeAfrica.com presents some of the highlights for your weekend delight usually with the help of our friends at Africa.com
Lessons for Doing Business in Volatile Environments
Yaw Nsarkoh, Executive Vice President of Unilever Ghana and Nigeria gives advice about the challenges and opportunities of operating in a volatile, uncertain, complex and ambiguous (VUCA) environment.
Africa’s largest mobile operator by subscribers is catching up to Vodacom, and fast. Eight out of every ten of its mobile financial services subscribers come from five markets: Ghana, Uganda, Côte d’Ivoire, Nigeria and Cameroon.
President Cyril Ramaphosa will meet officials from the labour ministry. Several thousand union members marched in Johannesburg, Cape Town, Durban and other cities on Wednesday to voice their opposition to the R20 an hour minimum wage, which they have called “starvation wages”.
Vincent Bolloré Is Being Probed for Bribing Public Officials in Africa
French prosecutors are looking to determine whether the advertising agency Havas, a subsidiary of the Bolloré Group, offered discounted communications services to Guinea’s president Alpha Condé and Togo’s president Faure Gnassingbé during the elections in exchange for lucrative licences to operate ports in both countries
After a slowdown in recent years, growth is returning to Africa with projections of 3.1 percent growth in 2018, and 3.6 percent in 2019-20. The regression has stopped and, for the first time since 2016, per capita GDP growth has been positive.
In an effort to cut down on “long waiting times” for shipments, Egypt will keep its ports running for 24 hours a day. The increase to 24 hours up from 16 should help the country tackles an issue that has cost it millions of dollars.
To diversify, the country is looking to turn itself into a start-up hub. Ivory Coast’s national distance learning center has joined with telecom giant Orange — which controls a quarter of the country’s mobile phone market — to increase access to vocational education and mid-career training.