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Business

Mar 10, 2016
Beverages manufacturer, Mutare Bottling Company (MBC) which is part of the Coca-Cola system in Zimbabwe, says it has started importing sugar from Malawi to mitigate against expected shortages in the…
Mar 07, 2016
Dangote Group, the company owned by Africa’s richest man, Aliko Dangote, has said that there are plans to buy phosphate from Morocco and potash from Congo-Brazzaville to feed a planned…
Mar 07, 2016
South Africa’s petro-chemical giant, SASOL has confirmed it will be investing over $1 billion in the exploitation of light oil for gas and energy production in Inhassoro district of the…
Mar 03, 2016
The launch of Nielsen’s second Africa Prospects Indicators (APi) report has given existing and potential investors an unprecedented and even deeper comparative view of the country opportunities across the continent,…
Mar 01, 2016
King Mswati III's share of the just-reopened Lufafa Gold Mine at Hhelehhele in the Hhohho region of Swaziland could be worth up to US$149 million. The King, who rules Swaziland…
Feb 26, 2016
Sagaci Research, a market research and intelligence firm published a new comparative study of Consumers purchasing power using different currencies on the continent vis-a-vis the pricing in the US. The…
Feb 25, 2016
Kenya is among the most attractive target countries for merger and acquisition activity in Africa according to a new report by a business risk consultancy. Control Risks also names South…
Feb 24, 2016
Hopes are fading that Africa’s bond and equity markets will draw more than the most adventurous. A toxic cocktail of plunging commodities prices, policy mismanagement and stubborn corruption have exposed…
Feb 23, 2016
Zimbabwe ordered diamond mining firms to stop operations immediately on Monday and leave the Marange fields as their licences have expired but denied the government was seizing the mines. The…
Feb 22, 2016
Botswana retailer Choppies Enterprises has begun recruiting employees for its Kenya operations, signalling an imminent conclusion of its ongoing buyout of Ukwala Supermarkets. A branch of Ukwala Supermarket in Nairobi.…
Feb 20, 2016
A strong African GDP growth, an increasingly urban and growing middle class, and a strong consumption drive in the African economy, presents opportunities for manufacturers who face declining markets in…
Feb 19, 2016
The Chief Financial Officer of the struggling De Beers, Gareth Mostyn has sounded an optimistic note that although the diamond industry went through torrid times last year, it has the…
Feb 16, 2016
Atlas Development & Support Services (ADSS) is set to raise $5 million by selling new shares to investors. The company, which is dual listed on the London Stock Exchange and…
Feb 15, 2016
South Africa’s manufacturing production rebounded in December after two consecutive months in which it fell, new figures have shown. There was increased output in both monthly terms, with a seasonally-adjusted…

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