Business

Jun 22, 2017
As the ride-hailing company Uber lurched from one clumsy mess to the next, it had appeared that CEO Travis Kalanick would somehow ride out the storm. His recent resignation is…
Jun 21, 2017
Atlas Mara Ltd., the company co-founded by former Barclays Plc head Bob Diamond, plans to sell a 35 percent stake to Fairfax Africa Holdings Corp. so it can increase its…
Jun 20, 2017
On 28 September 2016, the shareholders of South African born international brewer, SABMiller, approved the company’s acquisition by Anheuser-Busch InBev for $104 billion (R1.5 trillion). The deal paved the way…
Jun 08, 2017
Clothing retail chain Edgars Stores’ profit-after-tax nearly trebled to $1 million in the year-to-date, from $35,000 last year and 200 percent above budget due to lower costs. In a trading…
Jun 03, 2017
The Chamber of Commerce in Democratic Republic of Congo has complained to the government about a worsening business climate in the country's copper-mining region, including what it says are unjustified…
May 29, 2017
Over the past decade there’s been a steady rise across Africa in the attention given to the responsible use of the oceans to contribute to economic growth – or what’s…
May 26, 2017
Uganda and Tanzania signed an agreement on their proposed $3.55 billion crude export pipeline on Friday, a key milestone for the project which is expected to start pumping Ugandan oil…
May 24, 2017
The country earned more from exporting non-traditional products to other West African countries than to the European Union (EU) and other developed countries in 2016, the first in many decades…
May 23, 2017
In theory, the world of entrepreneurship should be gender-blind. Start-up businesses are judged on whether they survive or die, and you might have thought that the same stark definition was…
May 22, 2017
The Zimbabwean government says it will lift a ban on some imported products from South Africa, a year after it was first imposed. The ban triggered angry demonstrations, some of…
May 19, 2017
Key global consumer themes are now also evident and relevant in Africa. Combined with new technologies this presents Africans with a real opportunity to participate – as producers and suppliers…
May 11, 2017
Growing youth unemployment remains a socio-economic challenge in Africa. Several initiatives, including foreign development aid programmes, are being deployed to address this. Many come with noble intentions. But they are…
May 08, 2017
Africa's biggest gold miner AngloGold Ashanti reported a 16 percent drop in first-quarter profit on Monday following a decline in South African production, sending its shares down nearly 5 percent.…
Apr 25, 2017
The role of “white monopoly capital” in post-apartheid South Africa has been in the news lately. In the South African context, it can be understood as the white population’s extensive…

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