THE rock lobster industry at Lüderitz is on the verge of collapse unless drastic steps can be taken before the start of the new season next month. During the 2008-2009 season, market prices for lobster plummeted because of the global

Ahead of its third anniversary scheduled for Friday 30 October 2009, Arik Air is celebrating with a special one-day fare promotion discounting on its domestic fares by N3000 for flights within Nigeria.

COMMUNICATION company, Uganda Telecom, will not renew their sponsorship with Uganda's most successful club SC Villa, a source in the company has revealed.

Nokia, the world leader in mobility has begun its Christmas Promotion in Nigeria . The Nokia Christmas Promotion which was announced to the media at the "Its All About Sharing" event early October, will see consumers go home with fantastic

Consumer insight is the bedrock of Microsoft business. This informed the recent official launch in Lagos of Microsoft Windows 7. The latest device which delivers better quality, cost effective and time saving services is for installation on new computers and

To excite consumers with trendy packaging solutions that meet dynamic consumer preferences, the Nigerian Bottling Company (NBC), bottlers of Coca-Cola brands has unveiled the new Ultra glass Coke bottles in Lagos. The multinational beverage bottler introduced the bottles to dealers

The Management of Shell Ghana has instituted an award scheme to build the capacity of auto mechanics to facilitate the reduction of motor accidents.

In line with the Coastal and Inland Shipping Act 2003, FinBank Plc has financed the purchase of a new vessel for Jevkon Oil & Gas Limited, a leading indigenous maritime transport company in Nigeria.

ASX-listed gold explorer Perseus Mining has initiated a A$58.5 million capital raising, which would underpin the development of its flagship Ayanfuri gold project, in Ghana.

NEWS from the interim board that assistance to the cash-strapped SABC will not end with the R200m announced by Finance Minister Pravin Gordhan in the medium- term budget policy statement yesterday was met with relief.

TRANSNET said yesterday the recession had restricted its revenue growth to 3% -- it came to R17,3bn in the six months to September. Earnings before interest, taxation, depreciation and amortisation (ebitda) rose 1,4% to R6,6bn against a backdrop of the

MAN Truck & Bus Africa said yesterday it expected to nearly double its production when it started to assemble Volkswagen SA's trucks and buses at its plant near Durban.

Ten years after increased business opportunities for indigenous oil firms to participate in the petroleum industry, spirited efforts in mustering the required capacity to cover the grounds yielded by crumbling state monopoly have distinguished players in the industry according to

Rahamaniyya Airlines has revealed plans to launch a low fares carriers on domestic scene in 2010. The Managing Director of the airline Alhaji Mohammed Tukur said the proposal is subject to the final approval of its Airline Operating Certificate (AOC)

As part of efforts to expand initiative in its operations to boost the aviation business in the country, Arik Airline has announced plan to introduce into its operations a new Bombardier Q400 aircraft.

As the 2009 comes to an end with Sallah and Christmas at corner, intending travellers in and around the globe can now enjoy the Qatar Airways great value for their money.

Readers may recall that in January this year, some Gamtel telephone subscribers, in interviews with this reporter, had complained that most of their telephone lines were not in good working order.

At least 300 workers of Africana Clays last week staged a strike demanding salary arrears, forcing the factory managers to temporarily suspend daily operations. The workers vowed not to resume work unless their arrears are cleared.

Nine companies dealing in the horticulture business have signed recognition agreements with Uganda Horticultural and Allied Workers Union committing themselves to uphold workers rights and enhance their salaries.

Leading Global System for Mobile communications (GSM), MTN Nigeria Communications Limited, has finalized plans to showcase its Internet service products at the forthcoming forum on Internet Governance: Creating Opportunities for all Nigerians, which kicks off next month in Lagos.