Why African Investors Fear Funding In Local Tech Startups

June 21, 2015 The proponent of African startups and Executive Producer of Demo Africa who have travelled the continent to identify innovative local companies at their earliest stages, have identified reasons African investors do not invest in technology companies. Harry Hare, chief executive officer of African eDevelopment Resource Centre, franchise owner of Demo Africa, a

Social media intern

June 10, 2015 THE ECONOMIST is seeking an intern to help with the newspaper’s social media. The internship is available for at least six months and can be extended for up to a year. A stipend of £2,000 a month will be paid to the successful candidate, who may also opt in to The Economist‘s

USA JOBS: Working for America

Job Title:BORDER PATROL AGENT Department:Department Of Homeland Security Agency:Customs and Border Protection Job Announcement Number:BPA 15-5 SALARY RANGE: $39,400.00 to $50,016.00 / Per Year OPEN PERIOD: Monday, May 11, 2015 to Sunday, May 31, 2015 SERIES & GRADE: GL-1896-05/09 POSITION INFORMATION: Full Time – Permanent PROMOTION POTENTIAL: 12 DUTY LOCATIONS: Many vacancies in the following

Unemployment in South Africa climbs to 11-year high

May 27, 2015 South Africa’s unemployment rate has surged to 26.4 percent as power blackouts, extensive hopelessness and drought took their toll on the country’s economy. According to official figures released on Tuesday, this unemployment rate is an 11-year in the long struggling economy. South Africa’s economy grew 1.3 percent in the first quarter of this

Running a start-up with a full-time job? Hard work, but not impossible

May 20, 2015 Many believe they have to give up formal employment and a stable salary to pursue their entrepreneurial dreams. But Kenyan entrepreneur Alex Mwaura Muriu (27) has proven it is possible to do both. Muriu is the founder of Farm Capital Africa, a new crowdfunding model that enables investing in small-scale African agri-preneurs. This

How a Nigerian is now regarded as unemployed

May 19, 2015 In Nigeria, if you work for less than 40 hours a week, you are regarded as unemployed. This has been the formula employed by the National Bureau of Statistics (NBS) for computing unemployment statistics. However, this has now been modified to comply with the International Labour Organisation (ILO)’s definition of employment. According

Job cuts in mining industry worry SA government

May 18, 2015 Retrenchments that have been pronounced in South Africa’s mining industry recently were a serious cause for concern for the government, Minister of Mineral Resources, Ngoako Ramatlhodi, admitted on Tuesday. He was more worried about the fact that these retrenchments were going to add woes to the already ailing South African economy. Last

Xenophobia: MTN Nigeria warns of 6,000 job losses

April 21, 2015   Corporate Service Executive, MTN Nigeria, Wale Goodluck MTN Nigeria on Monday warned that should there be attacks on its facilities, it might be forced to close shop and 99 per cent of its over 6,000 workforce in the country, who are Nigerians, would be thrown into the labour market. It also

More Nigerians are Underemployed Than Unemployed – World Bank

VENTURES AFRICA – Contrary to popular belief that a large number of Nigerians are unemployed, fresh facts from the World Bank’s ‘Nigeria Economic Report’ reveals the country’s employment challenge is lays more in line with underemployment than unemployment. World Bank’s Acting Country Manager, Mr. John Litwack, explained that a large number of Nigerians are engaged

Nigerian Army dismisses 203 soldiers after secret night trial

January 02, 2015 The Nigerian Army has dismissed 203 soldiers after a secret court martial held in the dead of the night, for allegedly disobeying a direct order from their commanding officer. According to an online journal, Premium Times, one of the sacked soldiers, who spoke on condition of anonymity, said the soldiers were dismissed