Business in Africa Magazine, September 2002<base target="_self"><script async src="//static.getclicky.com/101337835.js"></script><body alink="#000000" link="#000000" bgcolor="#ccffff"><div style="text-align: center;"><a href="https://www.solaroad.nl/" style="padding: 5px 10px;">Beste Online Casino Nederland</a></div> <table cellspacing="0" cellpadding="0" width="206" align="left" border="0"> <tr valign="top" align="left" bgcolor="#f2bb9d"> <th nowrap bgcolor="#cc0808"> <center><font face="Arial, Helvetica, sans-serif" color="white" size="2">Business in Africa - December</font></center> </th> </tr> <tr bgcolor="#f2bb9d"> <td bgcolor="#ccffff"> <p align="center"></p> </td> </tr> <tr bgcolor="#f2bb9d"> <th bgcolor="#cc0808"> <font face="Arial, Helvetica, sans-serif" color="white" size="2">CONTENTS:</font></th></tr> <tr bgcolor="#f2bb9d"> <td bgcolor="#ffffff"> <p class="MsoNormal"><font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080">HOW CORRUPT IS AFRICA?</font><br> Transparency International says Africa is by far the most corrupt place on earth. Business in Africa magazine asked Ernst and Young forensic accountants to justify these worrying perceptions.<br> <br> <font color="#000080">SA’s cash conundrum<br> </font>South African white farmers own close to 86 percent of the land. White people constitute no more than 10 percent of the population. How long can this skewed land ownership be sustained?<br> <br> </font><font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080">Unleashing potential</font><br> Ethiopia is refocusing its economy towards previously untapped prospects <br> <br> </font><font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080">Nigeria on the verge<br> </font><font face="Arial, Helvetica, sans-serif" size="1">Nigeria is on the threshold of restructuring its decaying telecoms sector<br> <br> </font></font><font face="Arial, Helvetica, sans-serif" size="1"><font face="Arial, Helvetica, sans-serif" size="1"> <font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080">Farmer's Bonanza<br> </font><font face="Arial, Helvetica, sans-serif" size="1">Wild price swings in the international cocoa market since a September military uprising in Ivory Coast, the world’s biggest producer, has raised the stakes for farmers, traders and chocolate manufacturers worldwide</font></font><br> </font> <br> </font><font face="Arial, Helvetica, sans-serif" size="2"><b>BANKING </b></font> <font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080"> <br> Financing Headache</font><br> Ghana's bankers and industrialists recently met in Accra to discuss the difficulties of finding finance for projects</font> </p> <p><font face="Arial" color="#000080" size="1">New pastures<br> </font><font color="#000000"><font face="Arial" size="1">Ghana's bankers and industrialists recently met in Accra to discuss the difficulties of<br> finding finance for projects<br> <br> </font></font><font face="Arial, Helvetica, sans-serif" size="2"><b>CONFERENCE </b> </font><font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080"> <br> AU discusses terror</font><br> Africa's demonstration of intent to join the global war against terrorism<br> <br> </font><font face="Arial, Helvetica, sans-serif" size="2"><b>POLITICS </b></font> <font face="Arial, Helvetica, sans-serif" size="1"> <br> <font color="#000080">Lessons for Africa</font><br> Botswana is Africa’s true success story<br> <br> <font color="#000080">Promise of peace</font><br> Peace talks aimed at ending conflict in the Congo show positive signs<br> <br> <font color="#000080">Fighting famine</font><br> Will Malawi ever achieve food security? </font><font face="Arial, Helvetica, sans-serif" size="2"> <b><font face="Arial, Helvetica, sans-serif" size="2"><b> <br> <br> INVESTMENT<br> </b></font></b></font><font size="1"><font face="Arial"><font color="#000080">The Business of Africa</font><br> An investor narrates his experience of the continent<br> </font></font><font face="Arial, Helvetica, sans-serif" size="2"><b><font face="Arial, Helvetica, sans-serif" size="2"> <b><font face="Arial, Helvetica, sans-serif" size="2"><b> <br> TRADE<br> </b></font></b></font><font size="1"><font face="Arial"><font color="#000080">Rock and ruin</font><br> A new diamond certification scheme is launched<br> <br> </font></font><font size="1"><font face="Arial, Helvetica, sans-serif" size="2"><b><font face="Arial, Helvetica, sans-serif" size="2"> <b><font face="Arial, Helvetica, sans-serif" size="2"><b>TELECOMMUNICATIONS<br> </b></font></b></font><font size="1"><font face="Arial"><font color="#000080">Mobile momentum</font><br> Mobile technology is growing apace across the continent<br> <br> </font></font></b></font></font>TECHNOLOGY<br> </b></font><font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080"> Open-source software</font><br> Many end-users are reluctant to embrace open-source software as part of their IT strategies because they wrongly believe that it is poorly supported<br> <br> </font><font face="Arial, Helvetica, sans-serif" size="2"><b>MANAGEMENT<br> </b></font><font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080"> Entrepreneurial Back-up</font><br> One entrepreneur believes Back Office Support is vital to managing a successful small business<br> <br> </font><font face="Arial, Helvetica, sans-serif" size="2"><b>INFOTECH<br> </b></font><font face="Arial, Helvetica, sans-serif" size="1"><font color="#000080"> Information is power, but is it so in Africa?</font><br> The talk about democracy in Africa is overlooking the real transformative power of information <br> <br> </font><font face="Arial, Helvetica, sans-serif" size="1"><font face="Arial, Helvetica, sans-serif" size="2"> <b>ARTS<br> </b></font>Larger than life</font> </p> </td> </tr> <tr> <td></td> </tr> </table> <table id="Table3" cellspacing="2" cellpadding="2" width="409" border="0">  <tr> <td valign="top" align="middle" width="399" bgcolor="#0000ff" colspan="2" height="20"><b><font face="Arial, Helvetica, sans-serif" color="#ffffff" size="2"><span style="FONT-SIZE: 10pt; FONT-FAMILY: InfoText-Normal; mso-ansi-language: EN-GB; mso-fareast-font-family: Times; mso-fareast-language: EN-US; mso-bidi-language: AR-SA; mso-bidi-font-family: 'Times New Roman'">HOW CORRUPT IS AFRICA?</span></font></b> </td> </tr> <tr> <td valign="top" width="232" bgcolor="#ccffff"> <p class="MsoNormal" align="left"></p> </td> <td valign="top" width="141" bgcolor="#ccffff"> <p><span lang="EN-GB"><b><font face="Verdana, Arial, Helvetica, sans-serif" size="2"><span style="FONT-SIZE: 10pt; FONT-FAMILY: InfoText-Normal; mso-ansi-language: EN-GB; mso-fareast-font-family: Times; mso-fareast-language: EN-US; mso-bidi-language: AR-SA; mso-bidi-font-family: 'Times New Roman'">Transparency International says Africa is by far the most corrupt place on earth. Business in Africa magazine asked Ernst and Young forensic accountants to justify these worrying perceptions.</span></font></b></span></p> <p><font face="Verdana, Arial, Helvetica, sans-serif" size="1"><span lang="EN-US"><a href="../December/corruption.html" target="Current Issue"><font color="#000080"><b>Read more ... </b></font></a> </span></font></p> </td> </tr> <tr> <td valign="top" align="middle" width="399" bgcolor="#0000ff" colspan="2" height="21"><b><font face="Arial, Helvetica, sans-serif" color="#ffffff" size="2">SA’S CASH CONUNDRUM</font></b> </td> </tr> <tr> <td valign="top" width="399" colspan="2" height="21"> <table id="Table1" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td> <p align="center"><img height="124" src="../December/Images/sa%20cash1.gif" width="119"></p> </td> <td> </td> <td> <p class="MsoNormal"><font face="Verdana, Arial, Helvetica" size="2"><b><span style="FONT-SIZE: 10pt; FONT-FAMILY: InfoText-Normal; mso-ansi-language: EN-GB; mso-fareast-font-family: Times; mso-fareast-language: EN-US; mso-bidi-language: AR-SA; mso-bidi-font-family: 'Times New Roman'">South African white farmers own close to 86 percent of the land. White people constitute no more than 10 percent of the population. How long can this skewed land ownership be sustained?</span> </b></font> </p> <p class="MsoNormal"><a href="../December/Conundrum.html" target="Current Issue"><font face="Verdana, Arial, Helvetica, sans-serif" size="1"><b><font color="navy">Read more...</font></b></font></a></p> </td> </tr> </table> </td> </tr> <tr> <td valign="top" align="middle" width="399" bgcolor="#0000ff" colspan="2" height="21"><b><font face="Verdana, Arial, Helvetica" color="#ffffff" size="2">UNLEASHING POTENTIAL</font> </b> </td> </tr> <tr> <td valign="top" width="399" colspan="2" height="21"> <p align="center"><b> <table id="Table2" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td> <p align="center"> </p> </td> <td><img height="84" src="../December/Images/ethiopia2.gif" width="117"> </td> <td> <p><font face="Verdana, Arial, Helvetica" size="2"><b>Ethiopia is refocusing its economy towards previously untapped prospects </b></font> </p> <p><b><a href="../December/Unleashing.html" target="Current Issue"><font face="Verdana, Arial, Helvetica, sans-serif" color="navy" size="1">Read more...</font></a></b><span lang="EN-GB" style="FONT-FAMILY: Verdana"><a href="../December/Unleashing.html" target="Current Issue"><font color="#0000ff"> </font></a> </span></p> </td> </tr> </table> </b> </p> </td> </tr> <tr> <td valign="top" align="middle" width="399" bgcolor="#0000ff" colspan="2" height="20"><b><font face="Verdana, Arial, Helvetica" color="#ffffff" size="2">NIGERIA ON THE VERGE</font></b> </td> </tr> <tr> <td valign="top" width="399" colspan="2" height="69"> <table id="Table4" cellspacing="0" width="100%" border="0"> <tr> <td valign="top" width="214"><img height="101" src="../December/Images/nigeria%20telecoms.gif" width="206"></td> <td valign="top" width="71%"> <p><font face="Verdana, Arial, Helvetica" size="2"><b>Nigeria is on the threshold of restructuring its decaying telecoms sector<br> </b></font> </p> <p><b><a href="../December/nigeria.html" target="Current Issue"><font face="Verdana, Arial, Helvetica, sans-serif" color="navy" size="1">Read more...</font></a></b> </p> </td> </tr> </table> </td> </tr> <tr> <td valign="top" align="middle" width="399" bgcolor="#0000ff" colspan="2" height="20"><b><font face="Verdana, Arial, Helvetica" color="#ffffff" size="2">FARMER'S BONANZA</font></b> </td> </tr> <tr> <td valign="top" width="399" colspan="2" height="76"> <table id="Table5" height="128" cellspacing="0" width="100%" border="0"> <tr> <td valign="top" width="42%" height="126"><img id="IMG1" height="178" src="../December/Images/west%20africa%20cocoa.gif" width="198"></td> <td valign="top" width="58%" height="126"><font face="Verdana, Arial, Helvetica" size="2"><span style="mso-ansi-language: EN-US"><b><span style="FONT-SIZE: 10pt; FONT-FAMILY: InfoText-Normal; mso-ansi-language: EN-GB; mso-fareast-font-family: Times; mso-fareast-language: EN-US; mso-bidi-language: AR-SA; mso-bidi-font-family: 'Times New Roman'">Wild price swings in the international cocoa market since a September military uprising in Ivory Coast, the world’s biggest producer, has raised the stakes for farmers, traders and chocolate manufacturers worldwide</span></b></span><b><br> </b></font> <span lang="EN-GB"> <b><font face="Verdana, Arial, Helvetica" size="2"> <br> </font></b> </span><b><a href="../December/Farmer.html" target="Current Issue"><font face="Verdana, Arial, Helvetica, sans-serif" color="navy" size="1">Read more...</font></a></b> </td> </tr> </table> </td> </tr> <tr> <td valign="top" align="middle" width="399" bgcolor="#0000ff" colspan="2" height="20"><b><font face="Verdana, Arial, Helvetica" color="#ffffff" size="2">FINANCING HEADACHE</font></b> </td> </tr> <tr> <td valign="top" width="399" colspan="2" height="132"> <table id="Table6" height="124" cellspacing="0" width="100%" border="0"> <tr> <td valign="top" width="44%"> <p align="left"><img height="115" src="../December/Images/ghana%201.gif" width="160"></p> </td> <td valign="top" width="56%"><font face="Verdana, Arial, Helvetica" size="2"><b>Ghana's bankers and industrialists recently met in Accra to discuss the difficulties of finding finance for projects<br> </b></font> <span lang="EN-GB"> <b><font face="Verdana, Arial, Helvetica" size="2"> <br> </font></b> </span><b><a href="../December/Financing.html" target="Current Issue"><font face="Verdana, Arial, Helvetica, sans-serif" color="navy" size="1">Read more...</font></a></b> </td> </tr> </table> <p> </p> </td> </tr> </table> <div align="left"> <table id="Table7" cellspacing="0" cellpadding="3" width="409" bgcolor="#ffffff" border="0"> <tr> <td width="50%" bgcolor="#cc0808"> <p align="center"><font face="Arial, Helvetica, sans-serif" color="white" size="2"><strong>REGULARS</strong></font></p> </td> </tr> <tr> <td width="50%" bgcolor="#c0c0c0"><font face="Arial, Helvetica, sans-serif" size="1">Editorial Comments<br> Jottings from Johannesburg<br> Letter from Lagos<br> Nairobi notebook<br> Business Briefs <br> Companies<br> Business Shop <br> Sub-Saharan Stock Markets<br> Books</font></td> </tr> <tr> <td width="50%"><font face="Arial, Helvetica, sans-serif" color="#cc0808" size="1">Editorial opinions expressed in Business in Africa Magazine are not necessarily those of the publisher. Copyright Goldcity Communications (Pty) Ltd. 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