SOUTH AFRICA

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MTN says Nhleko to step down as CEO by 2011

Phuthuma Nhleko, Chief Executive Officer of South African mobile phone group MTN (MTNJ.J), will step down as CEO and group president in March 2011, the group said on Monday.
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Heineken sees difficult 2010 after in-line 2009

Heineken NV , the world's third-largest brewer, forecast lower beer consumption in many regions, limited price increases and few cost benefits this year after reporting 2009 results broadly in line with expectations.
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Microsoft releases software in 67 local languages

Microsoft announced on Monday its bid to help local languages to be integrated online more effectively. As part of their Unlimited Potential program, Microsoft is offering its software in 67 local languages.
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E-Waste threatens developing nations: UN

Waste produced by old computers, cell phones, and other electronics threaten to choke developing nations with mountains of hazardous e-waste, according to a new report on Monday.
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Bloodied buyout firms sit tight for IPO return

Private equity firms are putting floatation candidates back in the box after receiving knock backs from angry fund managers, and will try again in a couple of years when they hope the market will be more receptive.
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Zain eyes big gains, Bharti shares fall further

Kuwaiti telecoms firm Zain said it would pocket around half of the proceeds from its planned $10.7 billion sale of African assets to Bharti Airtel and use the rest to pay off debt, sending its shares soaring.
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Bharti eyes Africa in $11 bln bid for Zain assets

Bharti Airtel is in exclusive talks to buy most of Kuwaiti telecom group Zain's African business, the firm's third attempt at gaining a foothold in a continent that offers a last opportunity for major subscriber growth.
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Bharti confirms $10.7 bln bid for Zain Africa assets

Bharti Airtel is in exclusive talks to buy for $10.7 billion in cash most of Kuwaiti telecom group Zain's African cellular assets, the Indian firm's third attempt at gaining a foothold in a continent that offers a last opportunity for major subscriber growth.
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How to Impress Guys from Around the World

There are many things you'll want to take as souvenirs from your time exploring the world - tie-dye clothing that looked cool in India, paintings created by talented elephants, novelty booze that tasted good in the right setting, or exquisite carvings that seemed like a bargain until you worked out the exchange rate.
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Sweden beats U.S. to top tech usage ranking

Sweden took the number one spot from the United States to top the annual rankings on the usage of telecommunications technologies such as networks, cellphones and computers, a report released on Thursday shows.
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De Beers cuts debt, cautious after 2009 loss

Top diamond producer De Beers bolstered its balance sheet on Thursday with a $1 billion rights issue and bank refinancing as it swung to a annual $220 million underlying loss after demand plummeted for luxury goods.
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Deadlock could drive World Cup online in Singapore

Singapore's telecommunications giants SingTel and Starhub could be cut out of broadcasting the soccer World Cup, forcing fans to view matches live on the internet unless a deadlock over rights fees can be resolved.

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