Finance & economy

July 22, 2019

1

Naspers head Van Dijk takes home almost R2bn

JOHANNESBURG - JSE giant Naspers chief executive Bob van Dijk took home close to R2billion in incentives, salary, shares appreciation rights and vested share options in the year to March, in a year he described as a “standout year for Naspers.”

Van Dijk, according to the multinational company’s annual report earned $12.8million (R177.93m) in total remuneration.

He"...

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July 22, 2019

2

Pioneer shares soar 32% on JSE on PepsiCo buyout bid

JOHANNESBURG - Pioneer Foods and PepsiCo have teamed up to create a potentially leading food and beverage company in Africa after the world's third-largest food and drink company made an offer to acquire all of the outstanding shares of the South African packaged goods company for $1.7billion (R23.63bn).

PepsiCo has offered to pay R110 a share for the acquisition, representing a 56percent premium to the 30-day volume weighted average price prior"...

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July 22, 2019

3

ECA and OCP sign agreement on innovation and agriculture investments

The Economic Commission for African (ECA) and the OCP S.A. (formerly known as the Cherifien Office of Phosphates) signed an MoU aimed at strengthening collaboration on innovations and investments in agriculture using science and technologies.

The agreement includes support to the African Continental Free Trade Agreement - AfCFTA and women’s economic empowerment in Africa.

The"...

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July 22, 2019

4

UNDP launches regional stabilization facility for Lake Chad

The United Nations Development Programme (UNDP) has launched the Regional Stabilization Facility for Lake Chad, a multi-million dollar fund to scale up the range of stabilization intervention in areas of Lake Chad Basin.

The four Lake Chad Basin countries have warmly welcomed this joint initiative, as part of their own ongoing efforts to secure and stabilize the region.

The"...

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July 22, 2019

5

GIA Organises Retail Sales Associate Training Programme for Malabar Gold & Diamonds in Dubai

To help retail sales staff communicate effectively, GIA Dubai recently organised retail sales associate training programmes for Malabar Gold & Diamonds at their stores in Dubai, UAE. Since 2018, GIA Dubai has trained more than 200 staff of Malabar Gold & Diamonds in Dubai and Bahrain.

The training programme includes information about GIA, the 4Cs (Color, Clarity, Cut and Carat Weight) of Diamond Quality, the International Diamond Grading"...

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July 21, 2019

6

Fenix reaches 500,000 customers in 6 African markets, announces new leadership team

Fenix International, a company of ENGIE, offering Solar Home Systems across Africa has appointed co-founder and current COO Brian Warshawsky to the role of CEO to drive the next phase of the company’s ambitious growth plans.

Warshawsky is succeeding Lyndsay Handler who has been with the company for 7 years and served as CEO since 2016. Warshawsky is well-placed to lead the company, having previously spent 5 years at Apple as part of the iPod"...

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July 21, 2019

7

East African Business and Innovation Leaders Meet in Nairobi to Highlight Intelligent Enterprise Opportunities at SAP Innovation Day

East African business, innovation and technology leaders gathered in Nairobi this week to discuss innovation opportunities for corporate and public sector organisations in the digital economy.

The agenda was part of SAP Kenya Innovation Day a high profile affair that featured an estimated 600 attendees, including a line-up of local and global SAP experts who hosted interactive sessions focused on key business and technology trends that are shaping"...

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July 21, 2019

8

Sharjah Finance Department strengths ties with Japan finance industry

A delegation from Sharjah Finance Department (SFD) visited Tokyo, Japan and met with key Japanese finance officials to discuss various possibilities that can help bolster relationships between the two sides.

The meetings were held at the Japan Bank for International Cooperation (JBIC) and was attended by Sharjah’s delegation headed by HE Waleed Al Sayegh, Director General of Sharjah Finance Department, Tom Koczwara and Abdellatif Al Ali from"...

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July 19, 2019

9

Secure-D Releases the First Ever Mobile Malware Analytics Platform

Secure-D, mobile security platform by leading technology company Upstream, launched a new mobile malware center that reports suspicious Android applications it detects and blocks around the world. The information on the Secure-D Index, currently in beta, allows anyone to easily find what apps pose a threat to their privacy and pocket, in one place, for free. Data is openly available to the whole mobile industry, from app developers, ad networks and publishers, to media, advertisers and mobile network operators that all fall prey to mobile ad fraud. The Secure-D Index includes an aggregated list of Android applications that have been identified as suspicious by Upstream’s security platform. For each app the Secure-D Index center features pertinent information such as number of downloads, market infection rate and markets where the app is active. Data is currently available for 17 markets,......

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July 19, 2019

10

Swrve Named a Leader in 2019 Gartner Magic Quadrant for Mobile Marketing Platforms

Swrve, the world leader in real-time, relevant customer engagement, today announced it has been positioned by Gartner, Inc. as a Leader in the 2019 Magic Quadrant for Mobile Marketing Platforms 1. Swrve was one of 18 vendors evaluated in the report. This is the second consecutive year that Swrve has been placed in the Leaders quadrant. Swrve is a real-time marketing and customer engagement platform that enables the world’s largest brands to scale communications to millions of customers, and meet the exact needs of each customer wherever they are, and regardless of channel. Swrve’s real-time relevant engine allows marketing, customer success, and business intelligence departments to process highly granular and contextual customer data, including geo-location, media and streaming preferences, and app usage. Leading brands rely on Swrve for a full picture of relevant customer experiences, engagement, revenue and loyalty, including Ryanair, Emirates, Condé Nast, NETGEAR, Mastercard, Sony Pictures Television, The Movember Foundation, Playrix, and more.......

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