Business
Aug 28,
2016
The Zuma-linked controversial business family, the Guptas have announced their plans to sell all their South African businesses including share and leave the country for good. Atul Gupta was nonexecutive…
Aug 26,
2016
Anheuser-Busch InBev expects to cut about 3% of its enlarged workforce in the three years after its takeover of SABMiller as it seeks to maximise savings from the combination of…
Aug 22,
2016
SA's worst drought in decades has cost the country billions of Rands in lost export revenue, data showed on Friday. The country's agricultural exports declined in 2015 for the first…
Aug 18,
2016
Coca-Cola Beverages Africa, a bottling joint venture between the U.S. soft drink giant and brewer SABMiller Plc, will reconsider its spending and other commitments made to the South African government…
Aug 17,
2016
Dangote Cement Ghana Limited has initiated a number of incentive packages for their drivers that would ply long journeys in Ghana and the West African sub-region. Dangote Cement The package…
Aug 16,
2016
Chinese provinces are increasingly taking an interest in exploring African markets for their investments and help firms on the continent increase production capacity. The venturing into Africa by the Chinese…
Aug 14,
2016
The South African rand has regained its position as Africa's top currency, leapfrogging the Nigerian naira this week. This comes after four major events in recent months: the Brexit vote,…
Aug 10,
2016
There is a business case to have women in leadership. According to the McKinsey Women Matter report for Africa, released recently, there is a link between companies which perform better…
Aug 09,
2016
Tanzania's current account deficit shrunk by 55 percent in the year to May, central bank data showed on Tuesday, as the country benefited from a jump in tourist arrivals and…
Aug 06,
2016
Nigerian investor Aliko Dangote's plans for US$1 billion worth of investment in Zimbabwe could go up in smoke after the country's Immigration Department denied visas to aides he wanted to…
Aug 05,
2016
Africa’s Richest man and President of the Dangote Group, Alhaji Aliko Dangote, has increased the refinery capacity of his company to process 650, 000 barrels per day. President of the…
Aug 04,
2016
It is a cliched image. Passengers lined up at the check-in desk for various flights back to African capitals, trolleys overloaded and suitcases straining at the weight limit. A Jumia…
Aug 03,
2016
Firestone Diamonds announced that it has extended the date by when all conditions for the disposal of its Botswana operations to Tango Mining Limited, IDEX Online reports. The sale has…
Aug 01,
2016
Hungary is exploring the renewal energy, water management, IT, waste management, agriculture and food processing sectors in Ghana, in order to build strong investment projects in the country. Mr Andra's…
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