Africa


Plan to boost trade between SA and Kenya

2015-02-17 12:00

Businesspeople in SA and Kenya need to work on the synergies that would give life to political commitments, says the dti.

Obama's Power Africa joins Africa Utility Week

2015-02-10 10:35

Power Africa, President Barack Obama’s initiative to improve access to power in sub-Saharan Africa, is the country partner of the upcoming Africa Utility Week.

Orange 'eyes' Bharti, Millicom assets in Africa

2015-02-05 12:57

The French telecoms group may consider merging its African assets with those of Bharti's, thereby completing the creation of 'Orange Africa', according to a report.

AU unit developing epidemic insurance

2015-02-03 14:12

A unit of the African Union says it is developing outbreak and epidemic insurance for African sovereigns following the Ebola outbreak.

Strong growth in Namibia's hospitality industry

2015-01-30 13:45

The hospitality industry of Namibia has experienced a record growth in room and bed occupancy last year, according to new statistics.

Eating consumers push SA retailers to top spots

2015-01-29 12:39

South African retailers have performed very well in Africa and the Middle East, according to the latest Deloitte Global Powers of Retailing survey.

PPC achieves positive cement sales

2015-01-27 15:00

The operating environment in SA remains tough due to weak economic growth, power shortages and increased competitor activity, says PPC.

Africa's mobile money transactions top $656m

2015-01-20 12:34

Researchers say the value of mobile money transactions in the region could also more than double to $1.3bn in the next four years.

Madagascar's economy shows signs of recovery

2015-01-18 12:21

Madagascar's economy has shown early signs of recovery, but political instability, weak institutions and weak governance are hurting prospects, says the IMF.

JP Morgan could remove Nigeria from bond index

2015-01-18 11:19

JP Morgan says it would assess Nigeria's suitability to remain in a key emerging currency bond index it manages.

 

Aveng posts drop in earnings

2015-02-17 11:12

Aveng has reported a drop in half-year profit, hit by a slowdown in public building projects and spending in the mining sector as well as labour disruptions.

E-commerce in the spotlight

2015-02-06 14:57

Despite being a new player, the e-Commerce Africa Confex surpassed expectations according to the organisers.

Libya tries to overcome flour shortages

2015-02-04 19:45

Libya's internationally recognised government says it has started tapping into its strategic wheat reserves to ensure bread supplies.

Testing times for Africa

2015-02-02 07:52

African economies need to adjust if they are to sustain prosperity, says Daniel Silke.

Don't cling to power, UN chief tells African leader

2015-01-30 12:46

The UN Secretary General Ban Ki-moon has told African leaders gathered for an annual summit to not cling to power and respect the wishes of their people.

Surge in dollar-debt leaves African nations bare

2015-01-28 11:21

A surge in foreign debt issuance by African nations has left some fragile economies exposed to the risk of billions of dollars in foreign exchange related losses.

Businesses save Kalahari elephant

2015-01-22 15:31

Local business people in Namibia have stepped in to save an elephant bull roaming commercial farms and having been branded a "problem animal" to be killed.

Tunisia strong prospect if investments come

2015-01-18 19:30

Tunisia is seen as a rare regional success story, but its prospects hinge on reforms and foreign investment.

Egypt has enough wheat until mid-May - minister

2015-01-18 11:45

Egypt's stock of wheat for its subsidised bread programme will last until the middle of May, says Supplies Minister Khaled Hanafi.

Tullow writes off billions due to oil price fall

2015-01-15 16:00

Africa-focused oil and gas explorer Tullow Oil has written off $2.3bn in relation to exploration work and some of its assets in 2014.

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