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Business

Feb 13, 2015
THE Minister for Energy and Minerals, Mr George Simbachawene, has given greenlight for acquisition of TanzaniteOne Mining Limited by Sky Associates Group. State Mining Corporation (STAMICO) Acting Managing Director, Eng…
Feb 12, 2015
The diverse turnout of delegates at this year’s Investing in African Mining Indaba, held in Cape Town this week, was an indication of the appetite for mining in Africa from…
Feb 11, 2015
Despite the challenges faced by the mining industry in Africa, mining continues to be the most important channel for foreign investment for several countries on the continent. “Well-considered investment provides…
Feb 10, 2015
Investors in industrial commodities may need to batten down the hatches in the year ahead, while precious metals could show improved signs of growth over the next three years, says…
Feb 10, 2015
Across the world, football teams have become increasingly lucrative entities given the passionate support fans across the world have for the sport. As such, associations with these entities have become…
Feb 09, 2015
The management of Dangote Group has said that its focus is now to develop its multi-billion dollars new businesses to appreciable level this year to meet its completion timelines. The…
Feb 09, 2015
All eyes were firmly on Africa at the France-Africa forum, which ended on Friday. Business leaders and heads of state gathered in Paris to thrash out new ways of sharing…
Feb 07, 2015
Morocco have been banned from the next two African Nations Cups and fined $1m (£656,000) for pulling out of hosting this year’s competition, the Confederation of African Football has announced.…
Feb 06, 2015
Access Infra Africa is a new investment entity for developing clean, renewable energy in Africa. Below is an interview with Reda El Chaar, Chairman of Access Power MEA. 1. Press…
Feb 03, 2015
Randgold Resources is looking at the development of a third underground mine at its Loulo-Gounkoto gold mining complex in Mali while at the same time expanding its footprint elsewhere in…
Feb 02, 2015
Nigeria and Kenya frequently feature as the top investment destinations in Africa, with Nigeria being the clear front runner. Investors, however, are starting to view East Africa as a combined…
Feb 02, 2015
The past few years have seen several malls come up in suburbs in Nairobi, Kenya's capital as Kenyans' love for shopping soars. Both low-income and high-ends suburbs have not been…
Feb 01, 2015
There's a new Barbie in town. She's a queen, she's black, she wears traditional African costumes — and she's not actually a Barbie. Created by a Nigerian man, Taofick Okoya,…
Jan 30, 2015
New-truck sales in South Africa ticked up 2.04% in 2014, compared with the previous year, to 31 554 units. The local truck market delivered yet another “dynamic performance”, says UD…
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