ARTICLES RELATING TO AFRICA

It's boom time for African stock markets

2013-05-22 19:33

With US treasuries now paying so little, investors are putting their money in Africa with several stock markets on the continent seeing huge returns this year.

Mining wealth 'must benefit all Africans'

2013-05-10 13:54

Africa needs transparent mining strategies that would plough profits back into education and health, says a panel chaired by former UN chief Kofi Annan.

Gordhan: An African revolution looms

2013-05-09 20:21

Africa offers great potential to the global economy and is going to present new answers to boost growth, says Finance Minister Pravin Gordhan.

'Money drives SA to act when unrest hits'

2013-05-08 20:13

Business interests play a vital role in determining South Africa’s interventions in conflict-stricken African states, an industry expert says.

Germany to invest more in Africa

2013-04-29 18:49

Germany is seeking new opportunities to increase economic investments in South Africa and other African states, Foreign Affairs Minister Guido Westerwelle says.

DHL reveals strangest deliveries

2013-04-22 21:50

It is becoming increasingly common to transport everything from lions to livers to specially prepared food and lifesaving medicines across Africa, says DHL.

Taxes to drain African airlines' profits

2013-04-18 20:47

Africa's airlines are set to earn $100m this year, but face heavy taxes with fuel costs that are way above the global average, the industry's body chief says.

Get tough on China, says Zim minister

2013-04-17 14:11

Africa must learn to dictate its own terms when dealing with China and stop blaming colonialism for its economic woes, Zimbabwe's deputy prime minister says.

Africa urged to make better China deals

2013-04-12 22:00

For more than a decade Africa has rolled out the red carpet for Chinese investors, but the continent is urged to hammer out better deals at the bargaining table.

SABMiller to lure drinkers with cheap beer

2013-04-10 14:46

SABMiller says it wants to gain an edge over rivals like Diageo and Heineken in Africa by luring consumers who drink cheap locally-made home brew.

Toyota targets growing African market

2013-04-09 10:32

Toyota is increasing its focus on African consumers as private sector growth reduces its dependence on government business, Toyota Africa CEO Johan van Zyl says.

African growth lures trading houses

2013-03-28 18:08

Firms are expanding aggressively in Africa as they look to benefit from a continent achieving some of the highest economic growth rates in the world.

China vows $20bn credit line to Africa

2013-03-25 18:08

China's leader has committed to providing a $20bn credit line to African nations over the next two years, in a bid to strengthen relations with the continent.

Chinese firms urged to invest in Africa

2013-03-18 16:08

A top official has urged Chinese businesses operating in Africa to follow local laws and put long-term benefits ahead of short-term gains.

SA must renew focus on Africa - Gigaba

2013-03-14 18:54

South Africa must renew its business interests in African economies to grow its export destinations, says Public Enterprises Minister Malusi Gigaba.

Bad press hinders tourism, says minister

2013-02-11 14:20

Under-performance in the tourism field stems from negative reporting of Africa, says Deputy Tourism Minister Tokozile Xasa.

Africa private equity deals grow to $1bn

2013-02-06 08:09

Private equity funds completed $1.16bn worth of deals in sub-Saharan Africa in 2012, a near 10% increase from the previous year, a survey shows.

Turkey to bolster trade with Africa

2013-01-07 19:55

Turkey aims to more than double its trade with Africa to $50bn over the next two years and increase its diplomatic presence on the continent.

Council to help US compete in SA

2012-12-11 07:57

A leading US business group is creating a new body as part of a broader effort to respond to increased competition in SA, from China, Europe and others.

New oil

2012-12-07 07:38

All indicators show that Africa’s emerging middle class is its new engine of growth, writes Malcom Sharara.

Africa's birth rate booming – UN

2012-11-21 08:57

Shifting population trends mean that one in three children born by 2050 will be African, the UN Children’s Fund says.

Africa needs 900 new airliners

2012-11-19 16:08

Africa will need 900 new planes by 2031 to cope with growth, says Boeing Commercial Airplanes vice-president Van Rex Gallard.

Africa fastest growing mobile market

2012-11-13 15:05

The number of Africa's mobile subscriptions will reach 761 million this year, making it the fastest growing market in the world, claims a research group.

 

SA tourism indaba to focus on Africa

2013-05-12 12:42

The SA tourism Indaba should expand its platform by attracting even more exhibitors and buyers from Africa, Tourism Minister Marthinus van Schalkwyk says.

Africa's new middle class driving growth

2013-05-10 12:55

After years of headlines about Africa's poverty, its emerging middle class is now grabbing attention as a driver of growth and democracy.

Africa must focus on integration - study

2013-05-09 17:22

Despite its promising economic growth, Africa must focus on regional integration and boost its talent, according to a study on the continent's competitiveness.

Germany to invest more in Africa

2013-04-30 09:40

Germany is to increase its economic investment in South Africa and other African states, says Foreign Affairs Minister Guido Westerwelle.

Africa still too dependent on resources

2013-04-26 19:05

Africa's brisk economic growth over the past decade has been consumer driven, a trend masking the uncomfortable fact that it remains over-reliant on commodities.

End crisis, rich nations urged

2013-04-22 08:26

African finance ministers have urged their rich nation counterparts to work harder to kick-start their economies to avoid a prolonged slump.

Mutambara: Africa must be tough on China

2013-04-17 15:30

Africa must dictate its own terms when dealing with China and stop blaming Beijing, apartheid or colonialism for its economic woes, Zimbabwe’s deputy prime minister says.

World Bank calls Africa to action

2013-04-15 15:03

Sub-Saharan Africa's economic growth should accelerate to more than 5% over the next three years, but the region must do more to reduce poverty, the World Bank says.

More Africans buying new cars

2013-04-11 15:07

Vehicle sales in Africa will rise nearly 20% in the next two years to hit the 2 million mark as the continent's burgeoning middle class trades up, General Motors says.

Now could be Africa's time - economist

2013-04-09 14:50

Africa could be a dominant force in the world's economic landscape for decades to come if the continent gets its act together, a Goldman Sachs economist says.

Visas for Africa

2013-04-02 07:40

Wise up on what's needed before taking that business trip on the continent.

Zuma: SA will represent Africa at Brics

2013-03-25 18:45

President Jacob Zuma says South Africa will represent all of Africa's emerging economies at the Brics summit which meets in Durban this week.

Africa, China trade ties in the spotlight

2013-03-24 14:18

Chinese President Xi Jinping faces growing calls from policymakers and economists in Africa for a more balanced trade relationship between the continent and China.

Fitch: Africa expansion may boost banks

2013-03-15 17:07

Looking to Africa rather than abroad for expansion could enhance the earnings prospects of SA's big four banks‚ Fitch Ratings says.

$1 trillion mobile industry sees boom

2013-02-25 12:52

The $1.0-trillion global mobile industry is predicted to hit the four billion-subscriber mark by 2018, with Africa showing the fastest growth.

City of Gold is losing its glitter

2013-02-10 11:58

Accra outshines commercial giants Johannesburg, Lagos and Cape Town as the African city with the greatest potential for future growth, an index shows.

Rail puts brakes on Africa's mineral boom

2013-01-30 22:10

Africa will need to spend $50bn in the next decade to bolster rail infrastructure in order to unlock the continent's vast mineral resources, Standard Bank says.

Africa gets its first woman billionaire

2013-01-24 16:18

Isabel dos Santos, the eldest daughter of Angola's president, is Africa's first woman billionaire, according to Forbes magazine.

US army teams head to Africa

2012-12-24 14:07

A US army brigade will begin sending small teams into as many as 35 African nations early next year, part of an intensifying Pentagon effort to train countries to battle extremists.

Fastjet agrees to buy 1time for R1

2012-12-20 12:50

Low-cost airline Fastjet has signed an option agreement to acquire the defunct 1time Airlines, which could see it operating domestic and regional flights in SA.

JSE: African bourses must link-up

2012-12-07 19:03

Africa's stock markets must better collaborate to make the most of historic levels of investor interest in the continent, the head of the JSE says.

Luxury brands snub Africa

2012-11-25 18:36

Africa has more millionaires than Russia, but for many wealthy Africans shopping for designer handbags or luxury watches means travelling to New York or Europe.

Anglicans ordain Africa's 1st woman bishop

2012-11-20 07:47

The Anglican Church of Southern Africa has ordained the first woman bishop on the African continent, officials say.

World's private equity eyes Africa

2012-11-15 10:47

Carlyle's debut deal in Africa shows private equity houses are swapping buyout deals in Europe and the US for the continent's booming consumer market.

Gordhan: Africa is hope of the world

2012-11-12 17:02

Africa brings a glimpse of hope to the unstable global economy, says Finance Minister Pravin Gordhan.

 
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