A billion Africans and 50 million bank accounts. In South Africa, credit cards are used by only 16.5% of the population (2008). No African country comes close to 1% of total retail spend spent online - the magic figure which constitutes the tipping point for digital retail growth. No wonder, then, that the ecommerce market in Africa hasn't bloomed.
By Herman Manson 12 May 2011 18:55
Zambia's Finance and National Planning Minister, Ng'andu Magande has down-played fears that the death of the country's President Levy Mwanawasa could derail the country's economic prosperity.
By Gregory Gondwe 1 Sep 2008 12:10
A 60-member strong team, drawn from various sectors of economy in Zambia, were last Friday, gathered at Solwezi Provincial city to see how best they can explore trade and investment opportunities in the country.
By Gregory Gondwe 1 Sep 2008 11:38