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Showing posts from January, 2013

New BlackBerry must remember its strengths

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By Jim Clancy (CNN) -- BlackBerry's loss of market share in the U.S. is the stuff of legends. Last fall, it was estimated only about 2% of American phone users were still carrying their BlackBerry mobile with its iconic keypad. But consider this: sub-Saharan Africa is expected to add 175 million new mobile users in just the coming 3 years . That's according to the GSMA, which represents the world's mobile operators. "Mobile has already revolutionized African society and yet demand still continues to grow by almost 50 percent a year," said Tom Phillips, Chief Government and Regulatory Affairs Officer, GSMA. That could be good news indeed for BlackBerry. Research in Motion, the maker of BlackBerry, estimates it holds a 70% market share in countries like South Africa. The company's new phones, announced this week, are not the ones some of its best customers in emerging markets would like to buy. They're too expensive. But Research...

Angola president's daughter 'Africa's first female billionaire'

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(CNN) -- Businesswoman Isabel Dos Santos, daughter of long-serving Angolan president Jose Eduardo Dos Santos, is Africa's first female billionaire, according to business publication Forbes . The 40-year-old's investments in publicly traded companies in Portugal, including shares in a cable TV firm, as well her assets in at least one Angolan bank, "have pushed her net worth over the $1 billion mark," said the magazine, known for its annual rich lists. Her first business endeavor was in 1997 when she opened a restaurant in Angola's capital, Luanda, according to the magazine. Since then, she's expanded her business interests to a number of industries, sitting on the boards of several Angolan and Portuguese companies. A former Portuguese colony, Angola is the second largest oil producer in the continent. Over the last decade, the southwestern African country has emerged from the wreckage of a 27-year civil war to become one of the continent...
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(CNN) -- Businesswoman Isabel Dos Santos, daughter of long-serving Angolan president Jose Eduardo Dos Santos, is Africa's first female billionaire, according to business publication Forbes . The 40-year-old's investments in publicly traded companies in Portugal, including shares in a cable TV firm, as well her assets in at least one Angolan bank, "have pushed her net worth over the $1 billion mark," said the magazine, known for its annual rich lists. Her first business endeavor was in 1997 when she opened a restaurant in Angola's capital, Luanda, according to the magazine. Since then, she's expanded her business interests to a number of industries, sitting on the boards of several Angolan and Portuguese companies. A former Portuguese colony, Angola is the second largest oil producer in the continent. Over the last decade, the southwestern African country has emerged from the wreckage of a 27-year civil war to become one of the continent...