|
African Lakes Company
The African Lakes Corporation plc was a British company originally set-up in 1877 by Scottish businessmen to co-operate with Presbyterian missions in what is now Malawi. Despite its original connections with the Free Church of Scotland, it operated its businesses in Africa on a commercial rather than a philanthropic basis. It had political ambitions in the 1880s to control part of Central Africa and engaged in armed conflict with Swahili traders. Its businesses in the colonial era included water transport on the lakes and rivers of Central Africa, wholesale and retail trading including the operation of general stores, labour recruitment, landowning and later an automotive business. The company later diversified, but suffered an economic decline in the 1990s and was liquidated in 2007. One of the last Directors of the company kindly bought the records of the company and donated them to Glasgow University Archive Services, where they are still available for research. Formation and ac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malawi
Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south and southwest. Malawi spans over and has an estimated population of 19,431,566 (as of January 2021). Malawi's capital (and largest city) is Lilongwe. Its second-largest is Blantyre, its third-largest is Mzuzu and its fourth-largest is its former capital, Zomba. The name ''Malawi'' comes from the Maravi, an old name for the Chewa people who inhabit the area. The country is nicknamed "The Warm Heart of Africa" because of the friendliness of its people. The part of Africa now known as Malawi was settled around the 10th century by migrating Bantu groups . Centuries later, in 1891, the area was colonised by the British and became a protectorate of the United Kingdom known as Nyasaland. In 1953, it became ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shire Highlands
The Shire Highlands are a plateau in southern Malawi, located east of the Shire River. It is a major agricultural area and the most densely populated part of the country. Geography The highlands cover an area of roughly 7250 square kilometers. the plateau varies in elevation from 600 to 1100 meters, with various hills and mountains rising higher. The highest peak is Zomba Mountain at 2087 meters. The highlands are bounded on the west and south by the valley of the Shire River, an extension of the African Rift Valley. The Phalombe Plain slopes gently towards Lake Chilwa to the northeast, and separates the highlands from the taller Mulanje Massif to the east. Streams originating in the highlands drain west, south, and southeast towards the Shire River, or northeast into the closed basin of Lake Chilwa. The highlands have a cooler climate and more rainfall than the surrounding lowlands, and are home to distinct forests, woodlands, and grasslands that make up the South Malawi montane ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa Online
Africa Online Holding Ltd., sometimes abbreviated to AFOL, is the largest Internet Service Provider (ISP) in Africa. Based in Nairobi, Kenya, it offers Internet access and operates in ten African countries, including Cote d'Ivoire, Ghana, Namibia, Eswatini, Tanzania, Uganda and Zimbabwe. Services provided by Africa Online include dial-up Internet access, leased line services, e-mail accounts, VSAT connectivity, DSL, Wide area network, WAN and VPN for private and business customers. In 2007 it has become a subsidiary of Telkom South Africa.Company overview Bloomberg Businessweek History The company was started in 1994 by Ayisi Makatiani, Karanja Gakio and Amolo Ng'weno, three Kenyans who met each other while students in Cambridge, Massachusetts, Cambridge, Massachusetts. Ma ...[...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Advance Corporation Tax
In the United Kingdom, the advance corporation tax (ACT) was part of a partial dividend imputation system introduced in 1973 under which companies were required to withhold tax on dividends before they were distributed to shareholders. The scheme was similar to the way banks were required to withhold an amount at a set rate on interest earned on bank deposits before it is paid to the account holder. In general, this payment meant that the recipients of the dividend were considered to have already paid basic rate tax on the dividend income. Non-taxpayers, such as pension funds, who would not otherwise have paid income tax on the dividend income, became entitled to claim a refund of the ACT amount, or after 1993 a lesser amount. The refund of ACT for non-taxpayers was scrapped in 1997, and in 1999 the ACT was itself scrapped, effectively making dividend income of non-taxpayers tax-free again. The amount of ACT paid by a company could also be offset against the company's profits reduc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beira, Mozambique
Beira is the capital and largest city of Sofala Province, where the Pungwe River meets the Indian Ocean, in the central region of Mozambique. It is the fourth-largest city by population in Mozambique, after Maputo, Matola and Nampula. Beira had a population of 397,368 in 1997, which grew to 530,604 in 2019. A coastal city, it holds the regionally significant Port of Beira, which acts as a gateway for both the central interior portion of the country as well as the land-locked nations of Zimbabwe, Zambia and Malawi. Originally called Chiveve after a local river, it was renamed Beira to honour the Portuguese Crown prince Dom Luís Filipe (titled Prince of Beira, itself referring to the traditional Portuguese province of Beira), who had visited Mozambique in the early 1900s. It was first developed by the Portuguese Mozambique Company in the 19th century, supplanting Sofala as the country's main port. It was then directly developed by the Portuguese colonial government from 1947 until ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Central Africa Protectorate
The British Central Africa Protectorate (BCA) was a British protectorate proclaimed in 1889 and ratified in 1891 that occupied the same area as present-day Malawi: it was renamed Nyasaland in 1907. British interest in the area arose from visits made by David Livingstone from 1858 onward during his exploration of the Zambezi area. This encouraged missionary activity that started in the 1860s, undertaken by the Universities' Mission to Central Africa, the Church of Scotland and the Free Church of Scotland, and which was followed by a small number of settlers. The Portuguese government attempted to claim much of the area in which the missionaries and settlers operated, but this was disputed by the British government. To forestall a Portuguese expedition claiming effective occupation, a protectorate was proclaimed, first over the south of this area, then over the whole of it in 1889. After negotiations with the Portuguese and German governments on its boundaries, the protectorate w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union-Castle Line
The Union-Castle Line was a British shipping line that operated a fleet of passenger liners and cargo ships between Europe and Africa from 1900 to 1977. It was formed from the merger of the Union Line and Castle Shipping Line. It merged with Bullard King and Clan Line in 1956 to form British & Commonwealth Shipping, and then with South African Marine Corporation (commonly referred to as Safmarine) in 1973 to create International Liner Services, but maintained its separate identity throughout. Its shipping operations ceased in 1977. Predecessor lines The Union Line was founded in 1853 as the Southampton Steam Shipping Company to transport coal from South Wales to Southampton. It was renamed the Union Steam Collier Company and then the Union Steamship Company. In 1857, renamed the Union Line, it won a contract to carry mail to South Africa, mainly the Cape Colony. The inaugural sailing of the ''Dane'' left Southampton on 15 September. Meanwhile, Donald Currie had built up ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Concession (territory)
An international zone is any area not fully subject to the border control policies of the state in which it is located. There are several types of international zones ranging from special economic zones and sterile zones at ports of entry exempt from customs rules to concessions over which administration is ceded to one or more foreign states. International zones may also maintain distinct visa policies from the rest of the surrounding state. Special economic zones A special economic zone (SEZ) is an area in which the business and trade laws are different from the rest of the jurisdiction within which it is located. SEZs are generally established in order to increase foreign direct investment or facilitate export-oriented manufacturing. Depending on its purpose, an SEZ typically has less strict border control policies with regard to customs. An export processing zone will typically allow for goods manufactured for export to be exempt from excise tax and for capital goods and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinde
Chinde is a town of Mozambique, and a port for the Zambezi valley. It is located on the Chinde River, and is an important fishing center. It exports copra and sugar, and had a population of 16,500 in 1980. Chinde lies in Chinde District of Zambezia Province. History The small town of Chinde, located approximately 40 miles south of Quelimane, developed as the main point of entry for passengers and goods for the British Central Africa Protectorate which was proclaimed in 1891. Because of its favourable location on the Chinde River, part of the Zambezi River delta, it had potential for growth, and superseded both Quelimane and Conceição as the most suitable port of entry . Until the third quarter of the 19th century, Quelimane, which was linked to the Zambezi river by a shallow channel, was the main port giving access to Central Africa. The Congress of Berlin in 1884 established free navigation of the Zambezi and its tributary rivers, and a number of British missionaries and trade ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Zambezi River
The Zambezi River (also spelled Zambeze and Zambesi) is the fourth-longest river in Africa, the longest east-flowing river in Africa and the largest flowing into the Indian Ocean from Africa. Its drainage basin covers , slightly less than half of the Nile's. The river rises in Zambia and flows through eastern Angola, along the north-eastern border of Namibia and the northern border of Botswana, then along the border between Zambia and Zimbabwe to Mozambique, where it crosses the country to empty into the Indian Ocean. The Zambezi's most noted feature is Victoria Falls. Its other falls include the Chavuma Falls at the border between Zambia and Angola, and Ngonye Falls near Sioma in western Zambia. The two main sources of hydroelectric power on the river are the Kariba Dam, which provides power to Zambia and Zimbabwe, and the Cahora Bassa Dam in Mozambique, which provides power to Mozambique and South Africa. Additionally, two smaller power stations are along the Zambezi Ri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British South Africa Company
The British South Africa Company (BSAC or BSACo) was chartered in 1889 following the amalgamation of Cecil Rhodes' Central Search Association and the London-based Exploring Company Ltd, which had originally competed to capitalize on the expected mineral wealth of Mashonaland but united because of common economic interests and to secure British government backing. The company received a Royal Charter modelled on that of the British East India Company. Its first directors included The 2nd Duke of Abercorn, Rhodes himself, and the South African financier Alfred Beit. Rhodes hoped BSAC would promote colonisation and economic exploitation across much of south-central Africa, as part of the "Scramble for Africa". However, his main focus was south of the Zambezi, in Mashonaland and the coastal areas to its east, from which he believed the Portuguese could be removed by payment or force, and in the Transvaal, which he hoped would return to British control. It has been suggested that R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
