Warrior Security unveils polygraph testing services

Arusha: 29th May 2013: Pan-African security company Warrior Security has launched polygraph tests in East Africa, as fraud surges, with reports indicating a 13 per cent increase in global fraud between 2009 and 2011, causing companies losses of more than $5m (KSh420m) in the last year. Kenya and South Africa lead in economic crimes, with 66 per cent and…

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Non-payment threatens writers in Nigeria

By Odimegwu Onwumere: Like a marriage celebrated in heaven, that was how I felt when I saw the report on the Internet: “Farafina Trustholds its 2011 creative writing workshop in Lagos, from June 23 to July 2 2011.” I was so elated when I saw that it was organized by award-winning writer and creative director of Farafina Trust, Chimamanda…

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Launch of GEMS to lure companies to raise funds from the Bourse

Nairobi May 24, 2013……Since its launch in January 2013 by the Nairobi Securities Exchange, the new investment segment has elicited optimism among growing companies who have always struggled to find avenues for raising capital to finance their growth and expansion plans. The segment dubbed GEMS (Growth Enterprise Market Segment) will enable companies to raise substantial capital to drive their…

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Developing world\’s share of global investment to triple by 2030, says new WB report

WASHINGTON, May 16, 2013 – Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank\’s Global Development…

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Developing world\’s share of global investment to triple by 2030, says new WB report

WASHINGTON, May 16, 2013 – Seventeen years from now, half the global stock of capital, totaling $158 trillion (in 2010 dollars), will reside in the developing world, compared to less than one-third today, with countries in East Asia and Latin America accounting for the largest shares of this stock, says the latest edition of the World Bank\’s Global Development…

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Pan-African security company launches in EA mining sector

Sub-Saharan African security company Warrior Security Limited has launched tailored mining security services in East Africa, as finds in oil, gas, niobium, rare earths and gold in Kenya, Uganda and Tanzania expose companies to increasing risks from intruders. “Most mining sites are in remote areas making them vulnerable to attacks by intruders,” said Maj. Tony Sugden, Chief Executive Officer…

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When mines act as magnet for criminals

Dar es Salaam:Speaking during the Great Rift Valley Mining Summit held in Dar es Salaam Thursday 18th April 2013, Warrior Security Ltd, CEO Major Tony Sugden declared the need for mines to have proper security systems with credible, capable staff who can protect not only mines but also the personnel working on site. “Mines and their subcontractors are often…

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Africa Must Become Self-Sufficient Says Zuma

Cape Town, South Africa, 9 May 2013 – The fact that South Africa hosted the recent BRICS summit is an indication of how much Africa has changed, Jacob G. Zuma, President of South Africa, told the opening plenary of the World Economic Forum on Africa. With the support of the Government of South Africa, the meeting opened today in…

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Africa Social Entrepreneurs of the Year Announced

Cape Town, South Africa, 9 May 2013 – Five social entrepreneurs were named today Africa Social Entrepreneurs of the Year at the World Economic Forum on Africa, taking place in Cape Town, South Africa. The awards were conferred by Hilde Schwab, Chairperson and Co-Founder of the Schwab Foundation for Social Entrepreneurship, in the presence of President Jacob G. Zuma,…

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