East African banks have lost US$48mn to fraud in an 18-month period that ended June 2012, according to a Deloitte report
Commerce
Econet seeks entire shareholding in TN Bank
Zimbabwean mobile phone operator, Econet, has revealed it plan to acquire the entire shareholding of TN Bank through a share swap deal
Globacom to set up four Gloworld shops
Nigerian telecoms operator Globacom has launched three new Gloworld shops in the country and has revealed plans to open four more retail outlets in January 2013
HP EliteBook Revolve to arrive in Africa by 2013
Hewlett-Packard (HP) has revealed plans to expand its tablet portfolio by introducing its convertible tablet, the HP EliteBook Revolve, to its African market by 2013
MTN to launch global brand campaign
MTN has announced the imminent launch of its ‘Welcome to the New World’ campaign in selected countries across Africa