Thursday, 8 December 2022
LUNEX SPORT MANAGEMENT MASTERS STUDENTS JOINS WEBEX TO LEARN THE BASICS OF WEBSITE DESIGN
Monday, 10 June 2019
African Union Youth Volunteer Corps 2019
Africa needs you!
Are you passionate about serving the continent?
Do you have a qualification from an accredited institution?
Do you want to give your time to serve the continent for a year in another country?
Then the African Union Youth Volunteer Corps is for you.
- Living Condition: Your living condition may vary extremely between rural and urban communities. Availability of running water, internet and electricity in your house or even a small rural hut . However AU-YVC ensures minimal standards for modest living conditions enabling a healthy lifestyle with access to clean water, sanitation and health care.
- Living Expense: AU-YVC would provide you with a living allowance that would enable you cover all your expenses during your deployment and provide you with a medical insurance and a plane ticket to country of deployment and back home. The monthly allowance could vary greatly from country to country and within a given country itself. The guiding principle remains however, whereas volunteers are not expected to make any financial gains, they shall at the same time not incur any financial losses
Eligibility
Applicants have to meet the following criteria:
- Citizen of AU Member State or African Diaspora;
- Aged between 18 and 35 years;
- Have at least a post-secondary education certified training and qualifications, from the equivalent of a Bachelor’s degree
- Available to dedicate 12 (twelve) months for volunteer work;
- Willing to live and work in another AU Member State;
- Be proficient in at least one official AU language (Arabic, English, French, Portuguese);
- Have at least one year verifiable experience as a volunteer and or one year of professional work experience
Thursday, 16 March 2017
Ahmad elected as new Caf president
Madagascar Football Association chief Ahmad has been elected Confederation of African Football president, ending Issa Hayatou's 29-year reign.
Ahmad won 34 of the 54 votes in the election, which was held in Ethiopia's capital Addis Ababa on Thursday.
The result means a change in eadership for the first time since Cameroonian Hayatou took charge in 1988.
Saturday, 4 March 2017
YILLE SKILL ACQUISITION AND ENTREPRENEURSHIP WORSHOP
Tuesday, 21 February 2017
Meet the most Beautiful Woman in Namibia
Thursday, 22 December 2016
MEET THE MOST POPULAR FUCKBOY IN NAMIBIA
Tuesday, 20 October 2015
APPLICATION FOR STERLING BANK SOCIAL MEDIA INTERN
Being a social media intern is fun, exciting, and gives you a great opportunity to showcase your talents, learn more while boosting your CV with work experience.
Want to be a part of Sterling Bank’s Social Media Team? We are Hiring!
Our parameters for qualification:
1. Applicant must be resident in Lagos
2. Applicant must be an undergraduate or graduate of a tertiary institution
3. Applicant must be very Social Media Savvy
4. Applicant must be between 18 – 25 years old
5. Applicant must have great communication skills
6. Applicant must have some writing skills
Please send your CVs (including your social media handles/accounts) to socialmedia@sterlingbankng.com
Saturday, 17 October 2015
World Bank Group Winter Internship- Washington, D.C., USA
Deadline: October 31, 2015
The World Bank Group Internship is now accepting applications for the Winter season (December-March). The World Bank Internship is offering highly motivated and successful individuals an opportunity to improve their skills while working in a diverse environment. Interns generally find the experience to be rewarding and interesting.
Costs
The Bank pays an hourly salary to all Interns and, where applicable, provides an allowance towards travel expenses. Interns are responsible for their own living accommodations. Most positions are located in Washington, DC (some positions are offered in country offices) and are a minimum of four weeks in duration.
Eligibility
To be eligible for the Internship,
Candidates must possess an undergraduate degree and already be enrolled in a full-time graduate study program (pursuing a Master’s degree or PhD) with plans to return to school in a full-time capacity
. Generally, successful candidates have completed their first year of graduate studies or are already into their PhD programs
. This Internship typically seeks candidates in the following fields: economics, finance, human development (public health, education, nutrition, population), social science (anthropology, sociology), agriculture, environment, private sector development, as well as other related fields.
. Fluency in English is required. Prior relevant work experience, computing skills, as well as knowledge of languages such as French, Spanish, Russian, Arabic, Portuguese, and Chinese are advantageous.
How to Apply
You will be asked to register for an account and provide an email address.
You must complete your application in a single session and will be able to submit it only if you have uploaded all the required documents and answered all the questions (all questions marked with an asterisk-*- are mandatory).
Provide the most current contact information.
Ensure that you have correctly spelled out your email address, since this will be our main channel of communication with you regarding your candidacy.
Remember to enter your complete phone number (country code + city code + number).
Please attach the following documents (mandatory) before submitting:
Curriculum Vitae (CV)
Statement of Interest
Proof of Enrollment in a graduate degree
For more information, visit World Bank Internships.
Sunday, 13 September 2015
Meet The HIMBA - The most beautiful people in Africa
The Himba people are descendants of a group of Herero herders,they are normadic pastoralists kaokoland area of Namibia. The Himba women are noted for their hairstyles and traditional jewellery.The Himba wear lot of leather jewelry. They often combine it with shells. Western style of fashion appears too but only on men. Both men and women walk topless. They wear skirts or loincloths made of animal skin. Adult women wear beaded anklets. They are used to protect them from snake bites.
Both boys and girls are circumcised before reaching puberty. During the circumcision boys should be silent and girls are encouraged to scream. The Himba believe that this act makes them ready for wedding. As soon as the girl is born, her future husband is decided. They get married when the girl is between 14 and 17 years old.
Himba women have a special way to make them smell nice,they slowly burn aromatic plants and resins and they use the smoke created to perfume and clean themselves.
ume.jpg"> click here to watch a video of the Himba people
Saturday, 12 September 2015
HOW TO PREPARE ALGERIAN KEFTA (Meatballs)
This simple meatball dish is delicious,rich and fresh.
RECIPE :
1 pound lean ground beef
4 cloves garlic, minced, divided
1/4 cup finely chopped onion, divided
salt and pepper to taste
3 roma (plum) tomatoes, diced
1 teaspoon dried parsley
1/2 teaspoon ras el hanout (optional)
1/2 cup water
DIRECTION :
Combine the ground beef with half of the minced garlic and a tablespoon of chopped onion.
Mix with your hands until fully incorporated. Shape the meat mixture into 1 1/2-inch oblong patties; you should have 12 to 14 meatballs.
Heat a skillet over medium-high heat.
Brown the patties in batches until they are crispy on both sides and are no longer pink in the center, about 10 minutes.
Set the meatballs aside in a rimmed serving dish and repeat with the remaining patties.
Reduce the heat to medium and stir in the remaining chopped onion.
Add salt and pepper.
Cook the onions in the drippings, stirring constantly, until the onion has softened and turned translucent, about 5 minutes.
Stir in the remaining half of the garlic and cook for 30 seconds.
Stir in the roma tomatoes, dried parsley, ras el hanout, and water.
Cook until the tomatoes are soft, about 5 minutes.
Pour the tomato sauce over the meatballs and serve.
Note : This dish is popular in Algeria and North African countries...Give it a try and tell us how it tastes.
Tuesday, 8 October 2013
The Richest People In Africa 2013
Nigeria, South Africa and Egypt lead the pack with the highest number of billionaires at 20, nine and eight respectively. Algeria, Angola, Zimbabwe and Swaziland only have one billionaire each. In all, there are 10 African countries represented on the list. Three women made it into the rankings. The richest of them is Folorunsho Alakija, a Nigerian fashion designer and oil tycoon worth some $7.3 billion by our estimates. Isabel Dos Santos, an Angolan investor and the daughter of Angolan President, Eduardo Dos Santos, together with Mama Ngina Kenyatta, the widow of Kenya’s first President, also made the cut. The youngest billionaires are Mohammed Dewji of Tanzania and Igho Sanomi, a Nigerian oil trader. They are both 38 years old. See full list below
1.
2. Allan Gray $8.5 billion Industry: Financial services Country Of Citizenship: South Africa Age: 75 Marital Status: Married This media-shy South African moneyman controls two investment companies that collectively manage over $50 billion in assets. After Gray received an MBA from Harvard, he worked for eight years at Fidelity Management and Research in Boston before returning to Cape Town in 1973, when he founded Allan Gray Limited, now the largest privately owned asset manager in South Africa. It is also the most successful with assets under management at approximately $30 billion. According to inside sources at the company, Allan Gray’s global mandate share portfolio has achieved an average annual return of 28 percent since 1974. Keys to success include rigorous research and the consistent application of Allan Gray’s ages-old and time-tested investment approach of buying heavily into companies whose share price is less than their intrinsic value. Gray is also the founder of Orbis, an asset manager in Bermuda, which he founded in 1989. Orbis has over $21 billion under management. Gray’s son, William, is President of Orbis and equally serves as portfolio manager of the Orbis Funds. Gray and his family are the controlling shareholders of Allan Gray Limited and Orbis. In 2007, Gray endowed his Allan Gray Orbis Foundation with $130 million, the single largest charity gift in Southern Africa at the time. The foundation funds scholarships for poor but promising South African high school students. Mike Adenuga
3. Mike Adenuga $8 billion Industry: Oil, telecoms Country Of Citizenship: Nigeria Age: 60 Marital Status: Married Nigeria’s second richest man made his first fortune in his mid-twenties by distributing lace fabrics and Coca- Cola, and by handling lucrative government contracts during the regime of former Nigerian military President, Ibrahim Babangida. In the early nineties he founded Conoil Producing, an indigenous oil exploration and production outfit that was the first Nigerian company to strike oil in commercial quantities. Today, Conoil Producing’s assets produce more than 100,000 barrels of crude a day. Adenuga’s other holdings include Globacom, a Nigerian mobile telecommunications network that boasts more than 25 million customers in Nigeria and Republic of Benin. He also owns a 74-percent stake in Conoil PLC, a petroleum marketing outfit listed on the Nigerian Stock Exchange.
5. Nicky Oppenheimer $6.5 billion Industry: Mining, investments Country Of Citizenship: South Africa Age: 68 Marital Status: Married Diamonds are not forever. In November 2011, Nicky Oppenheimer made the momentous decision to sell off his family’s stake in De Beers, the world’s largest diamond producer, to mining behemoth Anglo American. The landmark $5.1-billion deal ended the Oppenheimer family’s eight-decade control of De Beers, which began when Nicky’s grandfather, Sir Ernest Oppenheimer, took over the firm in 1927 and consolidated the company’s global monopoly over the world’s diamond industry. In 2011, E Oppenheimer & Sons, the family-owned investment firm which Nicky controls, partnered with Temasek, the investment firm of the Government of Singapore, to form Tana Africa Capital, a $300-million private equity fund that invests in the fast moving consumer goods (FMCG) and agriculture sectors. 6. Johann Rupert $6.1 billion Industry: Luxury goods and retail Country Of Citizenship: South Africa Age: 63 Marital Status: Married Johann Rupert is the chairman of Swiss-based luxury goods company, Compagnie Financière Richemont SA, which owns premium brands such as Cartier, Dunhill, IWC Schaffhausen, Piaget and Vacheron Constantin, among many others. It is the sixth largest company on the Swiss stock exchange and the third largest luxury goods company in the world. Johann’s father, Anton Rupert, founded a small cigarette manufacturing operation, Rembrandt, in his garage in 1941 with a £10-investment. Rembrandt became incredibly popular among young South African smokers and by the 1950s, was already one of the leading tobacco firms in the continent. Anton, ever the visionary, diversified from tobacco into the industrial and luxury branded goods sectors, splitting Rembrandt into two divisions: Remgro (an investment company with financial, mining and industrial interests) and Richemont (the Swiss-based luxury goods group). Johann is chairman and the largest individual shareholder in both companies. He also owns two of South Africa’s best-known vineyards, Rupert & Rothschild and L’Ormarins, and founded the Franschhoek Motor Museum, which houses his personal collection of over 200 antique motor vehicles. 7. Nassef Sawiris $5.2 billion Industry: Construction Country Of Citizenship: Egypt Age: 53 Marital Status: Married Nassef Sawiris is the youngest of the three sons of Egyptian billionaire and founder of the Orascom conglomerate, Onsi Sawiris. He heads Orascom Construction Industries (OCI), one of the largest companies in the North Africa region. In January this year, Nassef announced that OCI was exchanging all global depositary receipts of the company for newly issued shares of OCI NV on the NYSE Euronext in Amsterdam or in exchange for cash. A consortium of investors, including Microsoft founder Bill Gates, provided the $1 billion in fresh capital required to pay off investors. The overwhelming majority of the shareholders accepted the buyout offer, which subsequently led to the company’s delisting on the EGX. Nassef also serves as a director at Lafarge, the French cement giant, and the Dubai international Financial Exchange. 8. Gilbert Chagoury & Family $4.2 billion Industry: Construction Country Of Citizenship: Nigeria Age: 67 Marital Status: Married The Nigerian-Lebanese industrialist and diplomat is a co-founder of the Chagoury Group, a large, multi-faceted Nigerian conglomerate with interests in manufacturing, construction, real estate, hospitality and healthcare. Gilbert was born in 1946 in Lagos by Lebanese immigrant parents. After studying at the College des Freres Chretiens in Lebanon, he returned to Nigeria where he kick-started his business career. In 1971 he started GrandsMoulins du Bénin Flour Mills, a milling company in Cottonou, Republic of Benin, which formed the foundation of the Chagoury Group. Today, the Chagoury Group owns five flour-milling companies in Nigeria and Republic of Benin. Chagoury’s milling operations collectively produce over 3,700 metric tonnes of wheat flour every day. The Chagoury Group also owns a glass bottle manufacturing plant and a plastic bottle manufacturing operation. Other assets include Eko Hotel, a five-star Hotel in Lagos, and Hotel Presidential, a five-star hotel in Port Harcourt. One of the newer companies within the group is South EnergyX, a real estate development company that is developing Eko Atlantic, a new $6-billion metropolis on land reclaimed from the Atlantic Ocean. When completed, Eko Atlantic is expected to provide residential accommodation for up to 250,000 people. Chagoury’s property portfolio also includes Ocean Parade, a series of 14 tower blocks overlooking a lagoon in Banana Island, Nigeria’s priciest residential community. Gilbert Chagoury’s career has not been without controversy. In 2001, in a British court, he admitted to helping the family of deceased Nigerian dictator, Sani Abacha, transfer $300 million into foreign accounts. He returned the money and was indemnified of charges. 9. Nathan Kirsh $3.6 billion Industry: Real Estate, Distribution Country Of Citizenship: Swaziland Age: 82 Marital Status: Married Nathan Kirsh made his first fortune after he founded a successful corn milling business in Swaziland. He deftly reinvested his profits in food distribution and real estate. The bulk of his fortune is held in various property and distribution companies. His investment company, Kirsh Holding Group, owns a 50-percent stake in Swazi Plaza Properties – the company that owns the largest shopping mall in Swaziland. He also owns a 29-percent stake in Minerva, a London-based property developer, and a 63-percent stake in Jetro Holdings, which operates Jetro Cash and Carry stores and Restaurant Depots in the New York City area. Jetro enjoys a near monopoly in supplying wholesale goods to small stores and restaurants in the New York City area and had revenues of over $6 billion in 2013. Kirsh is also the largest individual shareholder in Magal Security Systems, a developer and supplier of control systems and intruder detection systems. 10. Christoffel Wiese $3.4 billion Industry: Retail Country Of Citizenship: South Africa Age: 72 Marital Status: Married The South African businessman is the chairman and greatest individual shareholder of Shoprite, Africa’s largest discount retailer. After studying Law at the University of Stellenbosch, Wiese took up a job as an executive director at Pep Stores, a discount clothing chain his parents co-founded. In 1979, Pep Stores diversified into groceries through its acquisition of Shoprite, a small South African retail chain. When Wiese became chairman of the company in 1981, he changed the company’s name to Pepkor and made a series of acquisitions including Ackermans, a prominent clothing chain. He went on to list Shoprite on the Johannesburg Stock Exchange. He owns a 15-percent stake in the $7-billion (market cap) company. While his Shoprite stake remains his biggest asset, he also owns significant stakes in other Johannesburg Stock Exchange-listed companies, including Invicta Holdings, PSG Holdings, Tradehold, and private equity firm, Brait. Other assets include a private game reserve in the Kalahari and Lourensford Wine Estate.
4. Folorunsho Alakija $7.3 billion Industry: Oil Country Of Citizenship: Nigeria Age: 62 Marital Status: Married Africa’s richest woman sits atop Famfa Oil, a Nigerian oil company that owns a 60-percent stake in OML 127, one of Nigeria’s most prolific oil blocks located at Nigerian offshore Agbami deepwater field. Daily production at OML 127 stands at over 200,000 barrels per day. Alakija studied fashion design in England in the eighties, returning to Nigeria to found Supreme Stitches, a Nigerian fashion label which enjoyed patronage from the more successful women in Nigerian high society. One of her clients was Maryam Babangida, the wife to former Nigerian military President, Ibrahim Babangida. Alakija is believed to have ridden on the crest of this relationship to acquire an oil block in 1993 at a relatively inexpensive price. Famfa immediately entered into a joint venture agreement with Star Deep Water Petroleum (a subsidiary of Chevron and Brazil’s Petrobas), ceding a 40-percent stake to the two companies. Famfa owned a 60-percent interest in the block until 2000, when the incumbent Nigerian president, Olusegun Obasanjo, forcefully acquired a 50-percent stake in the block, transferring it to the Nigerian National Petroleum Corporation – a government-owned oil company. Famfa Oil immediately went to court to challenge the acquisition in a case that dragged on for 12 years. In May 2013, the Nigerian Supreme court reinstated the 50-percent stake to Famfa Oil. Alakija also owns $200-million of real estate in the United Kingdom.
Wednesday, 25 September 2013
A British national has been detained in the Kenyan capital of Nairobi, the UK Foreign Office has confirmed
A British national has been detained in the Kenyan capital of Nairobi, the UK Foreign Office has confirmed.
A spokeswoman said the FCO was "making contact to offer standard consular assistance".
It comes after reports in the Daily Mail that a man was stopped at Jomo Kenyatta Airport on Monday.
The paper said the man, who was stopped by passport officials, had bruising to his face.
Tuesday, 24 September 2013
#Kenya: Business Activities Dip After Westgate Attack
Thursday, 19 September 2013
Egypt Spends $40m On International Tourism Campaigns
AFRICAN MAIL – Marred by a protracting political crisis, Egypt has set aside $40 million yearly to internationally market its resilient tourism industry which contributes about 6 percent of its GDP.
Since January 2012, the Ministry of Tourism has spent $10 million to drive publicity for the industry though the recent tensions and socio-political volatility aggravated by Morsi’s ouster have forced the Ministry to stop the release of fresh campaigns till the end of the year.
According to Daily News Egypt, newly elected tourism minister Hisham Zaazou had disclosed that the Ministry plans to attract 13.8 million tourists by the end of 2013, but lamented that meeting the target has become increasingly difficult since the overthrow of former President Mohamed Morsi in July.
In the month, Egypt witnessed a 24.5 percent year-on-year decline in tourism, with primary indicators increasing to 75 percent in August, according to report.
To rebound, Zaazou pledged in a strategic meeting with officials of UK-based holiday charter airline Thomas Cook, and Discover Egypt, that the Ministry would assist foreign organizations with their Egypt tourism marketing campaigns.
“We are studying the directives of Zaazou to support international companies with their marketing campaigns for Egyptian tourism, in addition to asking the Minister of Civil Aviation to decrease take off and landing fees at airports used for tourism,” said an official of General Authority to Stimulate Tourism.
The annual $40 million international marketing budget is funded by the private sector-created Tourism Fund.
Source : Ventures Africa
Wednesday, 18 September 2013
Nigerian wins World Muslim beauty pageant
JAKARTA (AFP) – A Nigerian woman tearfully prayed and recited Koranic verses as she won a beauty pageant exclusively for Muslim women in the Indonesian capital Wednesday, a riposte to the Miss World contest that has sparked hardline anger.
The 20 finalists, who were all required to wear headscarves, put on a glittering show for the final of Muslimah World, strolling up and down a catwalk in elaborately embroidered dresses and stilettos.
INDONESIA, JAKARTA : The newly crowned the Muslimah World 2013 Obabiyi Aishah Ajibola (C) of Nigeria speaks to audience during the Muslimah World competition in Jakarta on September 18, 2013. The finale of a beauty pageant exclusively for Muslim women was set to take place in the Indonesian capital on September 18, in a riposte to the Miss World contest in Bali that has drawn fierce opposition from Islamic radicals. AFP PHOTO But the contestants from six countries were covered from head to foot, and as well as beauty they were judged on how well they recited Koranic verses and their views on Islam in the modern world. After a show in front of an audience of mainly religious scholars and devout Muslims, a panel of judges picked Obabiyi Aishah Ajibola from Nigeria as the winner. While the event in a Jakarta shopping mall paled in comparison to Miss World on the resort island of Bali, in which scores of contestants are competing, Ajibola was nevertheless overwhelmed. Upon hearing her name, the 21-year-old knelt down and prayed, then wept as she recited a Koranic verse. She said it was “thanks to almighty Allah” that she had won the contest. She received 25 million rupiah ($2,200) and trips to Mecca and India as prizes. Ajibola told AFP before the final that the event “was not really about competition”. “We’re just trying to show the world that Islam is beautiful,” she said. Organisers said the pageant challenged the idea of beauty put forward by the British-run Miss World pageant, and also showed that opposition to the event could be expressed non-violently. Eka Shanti, who founded the pageant three years ago after losing her job as a TV news anchor for refusing to remove her headscarf, bills the contest as “Islam’s answer to Miss World”. “This year we deliberately held our event just before the Miss World final to show that there are alternative role models for Muslim women,” she told AFP. “But it’s about more than Miss World. Muslim women are increasingly working in the entertainment industry in a sexually explicit way, and they become role models, which is a concern.” Hosted by Dewi Sandra, an Indonesian actress and pop star who recently hung up her racy dresses for a headscarf, the pageant featured both Muslim and pop music performances, including one about modesty, a trait the judges sought in the winner. The pageant, which also featured bright Indonesian Islamic designer wear, is a starkly different way of protesting Miss World than the approach taken by Islamic radicals. Snowballing protest movement Thousands have taken to the streets in Indonesia in recent weeks to protest Miss World, denouncing the contest as “pornography” and burning effigies of the organisers. Despite a pledge by Miss World organisers to drop the famous bikini round, radical anger was not appeased and the protest movement snowballed. The government eventually bowed to pressure and ordered the whole pageant be moved to the Hindu-majority island of Bali, where it opened on September 8. Later rounds and the September 28 final were to be held in and around Jakarta, where there is considerable hardline influence. But there are still fears that extremists may target the event — the US, British and Australian embassies in Jakarta have warned their nationals in recent days of the potential for radical attacks. More than 500 contestants competed in online rounds to get to the Muslimah World final in Indonesia, one of which involved the contenders comparing stories of how they came to wear the headscarf. The contest was first held in 2011 under a different name and was only open to Indonesians, Shanti said, but after the media began comparing it to Miss World, it was rebranded as a Muslim alternative to the world-famous pageant. Because of its popularity, organisers accepted foreign contestants this year for the first time, with Iran, Malaysia, Bangladesh, Brunei, Nigeria and Indonesia represented.Saturday, 7 September 2013
Steve Jobs Broke Every Leadership Rule. Don't Try It Yourself
Joe Nocera observes in The New York Times that Steve Jobs
violated every rule of management. He was not a consensus-builder but a dictator who listened mainly to his own intuition. He was a maniacal micromanager. He had an astonishing aesthetic sense, which businesspeople almost always lack. He could be absolutely brutal in meetings: I watched him eviscerate staff members for their “bozo ideas.” . . . He never mellowed, never let up on Apple employees, never stopped relying on his singular instincts in making decisions about how Apple products should look and how they should work.
Likewise, Adam Lashinsky recalled in Fortune a few months ago the moment in 2008 when Jobs gathered the team that had developed the MobileMe e-mail system and demanded to know
“Can anyone tell me what MobileMe is supposed to do?” Having received a satisfactory answer, he continued, “So why the fuck doesn’t it do that?”
For the next half-hour Jobs berated the group. “You’ve tarnished Apple’s reputation,” he told them. “You should hate each other for having let each other down.”
Lashinsky went on to observe that “to Apple’s legion of admirers, the company is like a tech version of Wonka’s factory, an enigmatic but enchanted place that produces wonderful items they can’t get enough of. That characterization is true, but Apple also is a brutal and unforgiving place, where accountability is strictly enforced, decisions are swift, and communication is articulated clearly from the top. . . . Apple’s ruthless corporate culture is just one piece of a mystery that virtually every business executive in the world would love to understand: How does Apple do it?”
Not according to the usual rules, that’s for sure. In the words of Jeffrey Pfeffer, a Stanford University professor, “Most books about leadership read like the Scout manual: CEOs and top managers should be authentic, considerate, sensitive, and modest, as well as creative, smart, and strategically brilliant. All true –but not very useful in the real world, where the person in the corner office might be as approachable as the junkyard dog. Exhibit A: Steve Jobs.”
There’s a reason Steve Jobs is Exhibit A, and not even B or C. It is because his exceptional and unique vision and certainty of what he saw excused his tyrannical behavior. Or, no, they didn’t excuse it but made it necessary. And the power of his personality and the sweep of what he achieved meant that even after all his punishment of disappointing staff and others, all his berating of many of those around him, people at Apple were heartbroken to see him step down from the chief executive’s job this week.
Go ahead and behave the way he did yourself, as a CEO—as long as you’ve got all of Steve Jobs’ charisma, revolutionary vision, and innovative genius, along with his relentless drive and temper
Source : Forbes
Wednesday, 4 September 2013
Spar Group To Open Shop In Angola
South African retailer Spar Group Limited, says it will partner with an Angolan company in opening a store in the country’s capital, Luanda, in the next six months.
According to the group’s chief financial officer, Mark Godfrey, the group – the third largest retailer in South Africa – would be mostly responsible for product supply and logistics management.
Mr Godfrey said that the group’s board of directors decided that plans to effectively enter other African markets should involve a local partnership, which could offer key intelligence on domestic activities.
“We should make use of local partners without whom we’d be wasting time,” he explained.
The Pinetown-based group already boast a significant presence across Southern Africa with stores in Swaziland, Namibia, Mozambique and Botswana. It also controls 35 percent of Spar Zimbabwe, which is expanding to Zambia.
The South African Retail sector is the largest on the African continent Global Retail Development dominated by retail giants such as Pick n Pay, Shoprite, Woolworths and Spar. However, a margin squeeze on traditional retail products, driven by fierce competition in Africa’s largest economy’s retail industry has forced operators to turn towards neighbouring market in search of new markets.
Source Ventures Africa
CFC Stanbic Keen On Investing In South Sudan
CFC Stanbic, a subsidiary of South Africa-based Standard Bank Group, is keen to establish itself in the South Sudan private sector by providing core banking solutions needed to stimulate economic activities in the growing nation.
The bank which officially commenced operations in the war-ridden country mid last year revealed that its decision to enter the developing market was centred on plans to secure capital –via a rights issue – to fund expansion projects.
“We have a strong and long relationship with the people of South Sudan and its government and see our branch opening in South Sudan as a vote of confidence in the country’s future,” noted Greg Brackenridge, MD of the bank.
According to Sudan Tribune, the bank plans to offer a range of basic banking services, while creating new relationships with customers, organizations and investors as well as solidifying and enhancing existing ones.
CFC Stanbic, which has its roots in Nairobi, Kenya, has had several dealings with South Sudan’s government including occupying a major role in an $11 million credit line deal for state-owned Nile Petroleum Corporation (Nilepet), which enabled the firm to continue its importation of fuel into the country. It also signed a $100 million trade and foreign exchange credit recently with the government to boost economic activities across the country.
Analyst therefore believe the NSE-listed bank’s plan to fully enter the baby-economy will not only stimulate growth in the banking industry but also provide the needed skills and resources for diversifying the economy through investments in the Energy, infrastructure and Agricultural sectors
Global Competitiveness Index: Mauritius Beats SA As Africa’s Most Competitive Economy
Mauritius moved up nine places this year out-pacing South Africa in the Global Competitiveness Report 2013-2014, as the most competitive economy in Africa.
The country benefits from relatively strong and transparent public institutions with clear property rights, strong judicial independence, and an efficient government. Financial markets also deepened based on the improved access to different modes of financing and financial services.
Mauritius which ranked 45th globally is followed by South Africa (53rd), Rwanda (66th), Botswana (74th) and Morocco (77th) – as the most competitive economy in Africa.
Seychelles, Tunisia, Zambia, Kenya, Algeria, Libya, Gabon, Senegal, Ghana, Cameroon and Gambia ranks 80, 83, 93,96,100,108, 112, 113,114,115 and 116th positions respectively.
Egypt dropped 11 places from last year’s index, to the 118th spot while Nigeria dropped six placed to the 120th position globally.
Cape Verde, Lesotho, Swaziland, Tanzania, Cote d’Ivoire, Ethiopia, Liberia, Uganda, Benin, Zimbabwe, Madagascar all occupied the 122th to 132nd position accordingly while Mali, Malawi, Mozambique maintained the 135th, 136th and 137th positions.
Burkina Faso and Mauritania ranked 140 and 141 most competitive nation globally while Sierra Leone stands at number 144.
Angola re-enters the Index this year at number 142 while Burundi, Guinea, and Chad (all African countries) were ranked as the least competitive countries of the 148 countries surveyed.
Conversely, among low-income economies, Kenya makes the biggest improvement, rising by ten places while Nigeria continues to be ranked low, highlighting the need for it to diversify its economy.
Although the report indicated that great efforts need to be made to improve Africa’s competitiveness, it says Sub-Saharan Africa continues its impressive growth rate of close to 5 percent in 2012, providing something of a silver lining in an otherwise uncertain global economy.
Globally, Switzerland remains the most competitive country in the world for the fifth consecutive year
Tuesday, 3 September 2013
TOP 10 MOST BANKABLE/RICHEST ARTISTS IN AFRICA by FORBES & CHANNEL O
Channel O and Forbes Africa presents the top 10 most bankable/richest artistes in Africa. This list was put together using factors such as endorsement value, popularity, show rates, Sales, awards, YouTube views, appearance in newspapers, investment, social media presense, Influence and so many other factors.
The list shows the African artistes making the most money in Africa.
Check out the top10 list
1. AKON – CEO of Konvict Music, opened doors with other African artiste
2. DON JAZZY - Producer. CEO Mavin Records, Influential producer, MTN, Samsung and Loyal Milk endorsement. D’Banj, Kanye West, Beyonce and Jay Z on production credit.
3 P SQUARE – Music Duo. Featured on Forbes Africa twice, sold out concert, presidential guest in at least 5 African countries, they fly private jet…
4 D’BANJ – Music Artiste. International music brand, GO D Music deal, Sony Entertainment deal
5. WIZKID – Music Artiste. EME artiste, Starboy CEO, affiliation with Disturbing London, several international collaboration, highest paid Pepsi ambassador in Africa, ambassador of MTN
6. 2FACE IDIBIA – Music Artiste. 10million disc and at least 7million digital sale, multiple ambassador, one campaign… associated with Guinness, Haven Homes, Airtel Worldwide and philantropist – 2face foundation
7... ANSELMO RALPH - Music Artiste Samsung and Coca Cola ambassador, Angola prince, Perfume line, clothing label, multi million dollar tour bus, Sony artiste
8. SARKODIE – Rapper. Presidential youth ambassador Ghana, Sark clothing, Samsung ambassador, fan milk Ghana
9. ICE PRINCE – Music Artiste. Six million downloads, 2 studio owner, one foundation member, Plug N Play ambassador, Zamani foundation
10. BANKY W – Music Artiste. Co owner EME, Samsung Ambassador, Philanthropist, multiple award winner
(Published 01-September 2013) Do you agree with the list? Share your thoughts.