THE new head office for Stanbic Bank Tanzania in Dar es Salaam will be completed in November next year at a cost of $8 million.

The World Bank has endorsed key projects for the improvement of infrastructure in East Africa, including the construction of a power line between Nairobi and Arusha in Tanzania, and a road from Mombasa to Malaba in Uganda.

South African companies are well-positioned to capitalise on consultancy opportunities in Africa, but they should transfer skills when they win the contract, writes columnist Andrew Maggs.

Report says political environment and HIV/AIDS are the main problems 

IN the bun-fight for domination of the food retailing business in South Africa, with Whitey Basson's Shoprite chain in one corner, and Sean Summers' Pick 'n Pay in the other, the outcome looks like a hard-fought draw, locally at least, with both groups claiming around 40% of the R50 billion industry.

South Africa's increased growth this year hinges on SA's economic recovery, which is moving at a slow pace.