Archive for December 30th, 2009

source: allAfrica
New Vision (Kampala)
Ibrahim Kasita
28 December 2009

Kampala — BUSINESS in Africa will remain profitable and growing throughout 2010, a survey has shown. According to Africa Practice’s annual business survey, business leaders predicted a positive outlook for 2010, with 95% of the respondents expecting to expand their businesses over the coming year.

Africa practice is a strategic communications consultancy with a network of branches across Africa.

The survey findings support the growing belief that Africa is beginning to recover from the effects of financial crisis.

“All the respondents (100%) said they anticipated foreign direct investment (FDI) to increase in 2010, with the majority expected to come from China,” the report indicated.

“This represents a much-improved outlook when compared to last year’s survey in which 69% of respondents predicted a reduction in [continue reading]

source: IOL
December 29 2009 at 10:59PM

President Jacob Zuma was set to marry his fifth wife, a relative said in Nkandla on Tuesday afternoon.

Inkosi Bhekumuzi Zuma said Zuma would tie the knot with Thobeka Madiba next Monday.

He said Zuma’s other fiancee, Gloria Bongi Ngema from Durban, had presented “umbondo” gifts to the Zuma family on Monday. Umbondo is the last Zulu traditional ceremony before the wedding. It is done after Ilobolo has been paid. It was not known when Zuma would tie the knot with Ngema.

Zuma married Nompumelelo Ntuli-Zuma, his third wife, two years ago during a traditional wedding at his Nkandla home.

Thobeka Madiba has attended many official events with [continue reading]