30-10-2014 23:52:00 | by: Default Admin User | hits: 4299211 | Tags:

[Zimbabwe] Spar promises more expansion in 2017
16-01-2017 | 14:25:36
Retail store SPAR Zimbabwe will this year open new stores and partner with independent retailers to grow the brand
FNB Namibia invests in modern technology to protect customers’ transactions
16-01-2017 | 14:21:00
In a bid to protect customers’ transactions, FNB Namibia has increased security technology. Security in the online banking space has two points where enhanced security is needed
[Column] Wim van der Beek: How technology can create new pathways for inclusive growth in Africa
16-01-2017 | 11:00:36
The “Africa Rising” narrative is increasingly giving way to that of “Aspiring Africa”, as the Base of the Pyramid (BoP) shrinks and the new middle class burgeons, says Wim van der Beek, founder and managing partner of Goodwell Investments.
Probax launches data centre in South Africa
16-01-2017 | 09:47:48
Probax, a cloud backup provider, has announced its expansion to Africa by making cloud storage available for local Managed Service Providers.
Christopher Forlee appointed CEO of the National Energy Regulator of South Africa
12-01-2017 | 14:30:00
South Africa’s Minister of Energy Tina Joemat-Pettersson has appointed Christopher Forlee as CEO of the National Energy Regulator of South Africa (Nersa)
[South Africa] Phumelela Gaming and Leisure in cash call to finance Supabets
12-01-2017 | 11:04:00
Horse racing and betting group Phumelela Gaming and Leisure has announced plans to raise $20.6 million through an offer of 16.3 million shares at $1.2 a share in a bid to finance its 50 percent stake in fixed odds sports betting operator, Supabets, the company said
FNB Namibia awaiting regulatory approval to acquire Pointbreak and Ebank
12-01-2017 | 08:06:00
Namibia’s largest commercial bank FNB Namibia is awaiting regulatory approval to acquire investment firm PointBreak and Ebank as it seeks to solidify its portfolio in the country.
Zambia receives $286 million from India to decongest capital
12-01-2017 | 08:04:00
Zambia has received $286 million for from the Indian government meant to improve infrastructure and decongest the capital Lusaka.
[South Africa] Oil Trader Gunvor Suing Cerberus Over Failed Chevron Bid
10-01-2017 | 10:23:00
Oil trader Gunvor Group is suing Cerberus Capital Management, alleging that the private-equity firm is refusing to pay its share of costs incurred when the two companies made a failed $650 million bid for Chevron Corp. assets in South Africa.
[Zimbabwe] George Manyanya appointed NetOne Public Relations and Special Projects Executive
09-01-2017 | 16:38:39
Zimbabwe's second largest mobile-telecommunication company by subscribers, NetOne has appointed George Manyaya as its Public Relations and Special Projects Executive.
[Zimbabwe] CBZ Holdings suspend use of visa cards for local transactions on cash crunch
09-01-2017 | 11:04:59
Zimbabwe’s largest bank CBZ Holdings has suspended the use of Visa cards for local transactions informed by the country’s crisis in handling cash shortage.
[South Africa] Fastjet cedes 28 per cent stake to Solenta
06-01-2017 | 16:10:00
Budget airline Fastjet has decided to sell 28 percent stake to South African carrier Solenta. The low cost carrier would also raise at least $28.8 million through a share placement.
Postal and Telecommunications Regulatory Authority of Zimbabwe sets minimum charges for voice and data
06-01-2017 | 16:00:00
Telecommunication regulator Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has set floor prices for voice and data for bundled services including promotional packages.
[Angola] The Savings and Credit Bank cements national foothold with two new branches in capital
06-01-2017 | 13:10:14
The Savings and Credit Bank (BPC) has opened two new branches in Angola’s capital Luanda bringing its total to 444 branches spread across the country.
[South Africa] Bauba reopens chrome mine on improved prices
06-01-2017 | 10:07:56
South Africa mining company Bauba says it has re-opened its wholly-owned chrome mine Moeijelijk after placing it under care and maintenance.
[Zimbabwe] Local tyre manufacturers decry foreign currency shortage, warn of ripple effects
05-01-2017 | 14:08:00
Local tyre manufacturers are decrying shortage of foreign currency warning that the deficit has limited local manufacturers from benefiting from import restrictions placed on some products which could further fuel shortages, they warned
[South Africa] CyberLogic trains eyes on expansion following successful acquisition
05-01-2017 | 13:53:12
Cape Town-based IT services firm CyberLogic is set to refresh its brand, expand its footprint and take new services to market in 2017, following its successful acquisition of Stellenbosch-based IT services firm Space Age Technologies last year.
Social impact bonds– an option to address Africa’s most pressing challenges
05-01-2017 | 11:15:00
The number of foreign direct investments (FDI) projects into Africa increased by 6% in 2015, according to the FDI report 2016. Africa also recorded 156 more FDI projects than the Middle East in 2015, a figure that has widened by 98% compared with 2014.
Reserve Bank of Malawi projects 5.6 per cent economic growth on robust agricultural sector
05-01-2017 | 10:29:51
The Reserve Bank of Malawi has expressed optimism that the economy will rebound in 2017, predicting domestic economic activity to grow by 5.6 per cent.
Seven predictions for South Africa’s economy in 2017
03-01-2017 | 12:46:52
Research and market analysis firm Nomura is predicting a relatively quiet first half of the year for South Africa, but expects things to shake up in the second half of the year as the ANC’s elective conference comes into view.
South Africa growth weak, but stronger than 2016
03-01-2017 | 10:55:00
South African asset prices should perform "ok", but mainly because there are more negative peers to compare to - especially Turkey - emerging markets economist Peter Attard Montalto of Nomura said on Thursday.
Education app, Cognition Online, goes live in South Africa
02-01-2017 | 10:29:00
Cognition Online, a new mobile app for booking and paying tutors, has gone live in South Africa to connect tutors and pupils. The app was announced as a winner in the Samsung Launching People- Mixed Talents competition.
[Column] Jens Ischebeck: 10 trendy Online Course topics in 2017
27-12-2016 | 07:30:00
Education, it has been said, is the key to success. One easy to access education tool are online courses. Online courses are available for nearly every topic.
[Namibia] FNB concludes deal to acquire Pointbreak and Ebank
23-12-2016 | 12:10:00
FNB Namibia has successfully concluded a deal to acquire 100% of Pointbreak and Ebank according to Simonis Storm Securities.
[South Africa] Liquid Telecom gets regulatory go ahead to acquire Neotel
22-12-2016 | 13:50:00
Pan African telecoms group, Liquid Telecom, has received unconditional approval from the Independent Communications Authority of South Africa (ICASA) to acquire 30 per cent stake in South African based converged communication network operator Neotel.
[South Africa] Vodacom One Net Business enables communications across devices
22-12-2016 | 08:08:29
Vodacom has launched One Net Business, a cloud-based unified communications solution that converges fixed and mobile telephony services across any device.
Malawi and Tanzania ink deal on key River Basin development programme
22-12-2016 | 06:05:00
Malawi has signed a memorandum of understanding with Tanzania government on Songwe River Basin Development Programme (SRBD).
[Column] Anton van Heerden: A checklist for your annual December holiday shutdown
21-12-2016 | 15:45:00
If you’re the owner or manager of a Small & Medium Business outside the retail and hospitality industries, you’re probably looking forward to the annual break.
[Column] Tamara Dini: An overview of competition law developments in Africa in 2016
20-12-2016 | 10:36:00
Competition law in Africa is becoming increasingly active and, in certain respects, complex. The number of competition regimes, and the relationships between them, is on the increas
[Column] Virusha Subban: Comparisons between sugar tax policy in South Africa and the United Kingdom
19-12-2016 | 10:29:00
SA legislators may look to provisions in the UK draft bill for guidance on how to structure some of the aspects of the SA tax, but the UK tax differs from the current SA proposals in several significant ways.
[Column] Partnering for impact: How government and the private sector can advance skills development in Africa
19-12-2016 | 10:13:00
Private sector participation needs to be viewed as not only valuable to education and skills development but as integral to it. At a national level, the private sector should be considered an essential partner in education planning and as advisors to Ministries of Education.
[South Africa] Vodacom expands international prepaid data roaming footprint
19-12-2016 | 10:00:00
Ahead of the festive season travel rush, Vodacom has broadened its international prepaid data roaming footprint from 10 countries to 64.
China invests $11 million in South African manufacture of fibre optic cables
16-12-2016 | 11:25:00
South Africa has received $11 million investment from China which is meant to spruce up local capacity in the manufacturing of fibre optic cables at Dube Trade Port
[Zimbabwe] Victoria Falls Airport upgrade attract two new airlines
16-12-2016 | 11:18:00
Victoria Falls Airport is set to welcome two new airlines in the next half of next year thanks to its latest upgrade. The upgrade was made possible through a $150 million loan that the Exim Bank of China extended and it expanded the runway, taxiways and a new terminal
[South Africa] Department of Labour releases status of South African industrial strikes report
16-12-2016 | 06:20:00
The department of Labour has launched an industrial action report that provides an analysis of strike activities in the South African labour market using the Department of Labour strike database.
[Zimbabwe] CBZ Holdings targets smallholder farmers with $70 million credit facility
15-12-2016 | 16:19:33
CBZ Holdings has set aside $70 million for the 2016/17 summer cropping season targeted at small-scale and large-scale farmers in a bid to transform the agriculture sector through the provision of accessible loans.
FNB South Africa and Sterling Bank Nigeria win global award
15-12-2016 | 08:52:25
FNB has won the title of Excellence in Mobile Banking at the Lafferty Global Awards in Cape Town, jointly with Sterling Bank of Nigeria.
[Mozambique] Border posts extend operations to cater for foreigners
15-12-2016 | 08:52:00
The border posts linking neighbouring Mozambique and Swaziland have extended their operations to twenty four hours.
Angola bets on 44 logistical platforms to spur agriculture and manufacturing
15-12-2016 | 08:50:00
Angola is counting on the construction of 44 logistical platforms to boost agriculture and provide facilities to the manufacturing industries.
[Namibia] Three right holders acquire 15 per cent stake in Seawork Fish Processors
15-12-2016 | 08:11:51
Three Namibian right holders have acquired a 15 percent stake worth $5.4 million in the fishing company Seawork Fish Processors that is based at Walvis Bay. Seawork prior to the agreement was fully owned by North Quay Properties.
Africa Development Bank commits $75 million to Mozambique- Tanzania road revamp
14-12-2016 | 10:42:00
The African Development Bank Group (AfDB) has approved $71.8 million grant and $3.1 million loan to the Government of Mozambique for the construction of an asphalted 70km road section in Northern Mozambique, to improve connectivity with Tanzania.
SAP Africa appoints Dr. Gilbert Saggia as East Africa MD
13-12-2016 | 10:39:00
Kenya-born Dr. Saggia completed a degree in Medicine and Surgery at the University of Nairobi before embarking on a highly successful career in the ICT sector, where over the past 18 years he held various senior positions.
Sharp Increase in the Activity of Moroccan and French Companies in Sub-Saharan Africa
12-12-2016 | 11:19:48
Aware of the unprecedented impetus of African economies and of the potential offered by the various national and sub-regional markets, Moroccan and French companies are demonstrating new ambitions in Africa, which are expressed in their development strategies on the continent.
[Zimbabwe] Econet Wireless turns to South African Rand as cash shortage bites
09-12-2016 | 15:29:07
Econet Wireless Zimbabwe has launched the EcoCash Rand Wallet on its mobile money platform to give an alternative currency in the wake of cash shortages prevailing in the market.
Taaleri Plc trains eyes on East and South African real estate projects with $100 million investment
09-12-2016 | 15:05:30
Finland based private equity fund and financial services group Taaleri has set its eyes on the growing East and South African real estate projects with an offer of $100 million.
Fastjet mulls expansion to South Africa routes
09-12-2016 | 06:24:07
Low cost carrier Fastjet is exploring the option of diversifying its route to South Africa region as it looks at new ways to grow and make profit in the wake of dwindling fortunes.
PTA Bank rebrands to Trade and Development Bank as it targets increased financing
09-12-2016 | 06:21:20
The Eastern and Southern African Trade and Development Bank, commonly known as PTA Bank, has changed its official brand name to TDB (Trade and Development Bank) as it seeks to increase financing.
[South Africa] Onyx Connect to launch smartphone manufacturing factory
08-12-2016 | 16:27:44
South Africa’s company Onyx Connect has announced plans to launch a smartphone manufacturing factory in the country that will build phones and tablets from scratch.
Compliance with procedural requirements essential when dealing with South African Customs - Bowmans Law
08-12-2016 | 12:08:23
The Pretoria High Court in South Africa (sitting as three judges) recently decided on an appeal case that involved a dispute with Customs. The case outlined the repercussions of non-compliance with procedural requirements when litigating against Customs.
[South Africa] Johannesburg startup, Onyx Connect, set to become first manufacturer of smartphones in Africa
08-12-2016 | 11:17:00
A Johannesburg startup is set to become the first company ever to manufacture smartphones in Africa, taking advantage of low costs and growing local demand to build handsets, tablets and other devices based on Google Inc.’s Android system.
[South Africa] MTN Group Announces Senior Management Appointments
08-12-2016 | 10:53:08
Pursuant to the SENS announcement of 31 October 2016, MTN Group is pleased to advise that as part of reviewing and finalising the permanent senior management team, the Company has made further appointments of the following executives:
[Seychelles] Air Seychelles set to fly to Durban early next year
08-12-2016 | 06:55:04
Republic of Seychelles national carrier Air Seychelles has announced plans to fly direct to Durban starting March next year, marking its second route in South Africa after Johannesburg where it flies five times a week.
[Zambia] Ecobank taps into technology in its growth strategy
07-12-2016 | 14:51:27
Ecobank Zambia has embarked on a strategic plan to focus on growing its business through innovation and technology as it moves towards embracing the digital platform as the next banking frontier.
Mozambique to miss digital migration deadline
07-12-2016 | 14:45:11
Mozambique will miss its latest deadline for the transition from analogue to digital broadcasting, according to its Transport and Communications Minister Carlos Mesquita.
[Zimbabwe] Industrial consumers to pay in advance for imported power
07-12-2016 | 14:36:10
Zimbabwe's state electricity distribution company, Zesa Holdings Ltd, has asked industrial customers to pay in advance in foreign currency for power imported from South Africa and Mozambique as generation from the Kariba South hydro power plant slumps and because of a dollar shortage in the country.
Air Madagascar to fly to China through joint codeshared flights with Air Austral
07-12-2016 | 14:33:46
Air Madagascar and Reunion based Air Austral are early next year set to begin a joint codeshared flight from both Antananarivo and St. Denis to Guangzhou in China which will operate twice a week, leaving the islands every Wednesday and Sunday and returning the following day, that is Thursday and Monday.
IMF extends credit facility programme for Malawi
07-12-2016 | 06:05:23
The International Monetary Fund (IMF) has approved that Malawi government authorities be granted more time to achieve the Extended Credit Facility (ECF) programme objectives for which it borrowed $146.7 million.
Zimbabwe government acquires Telecel for $40 million
06-12-2016 | 15:53:00
The Zimbabwe government has completed the acquisition of Global Telecom Holdings’ (GTH) entire shareholding in Telecel International for $40 million.
Political Parties should put SMEs high on Agenda as Ghana casts presidential votes - Sage
06-12-2016 | 10:30:00
The party that emerges as the winner of Ghana’s general election, to be held on 7 December, should seize the opportunity to drive economic growth by creating policies and a legislative environment where business builders can thrive.
World’s largest ice cream specialty shop to open store in South Africa
06-12-2016 | 09:55:42
The world’s largest chain of ice cream specialty shops, Baskin Robbins is set to launch a franchise in Cape Town South Africa as the demand soars.
Africa is still a difficult region for paying taxes - PwC report
05-12-2016 | 10:00:00
Economies around the world continue to make progress in simplifying and reducing the burden of tax compliance on business, according to the latest edition of Paying Taxes 2017, a report by the World Bank Group and PwC.
[South Africa] Swisatec and The Green Cab set to push the Green Transport innovation agenda in Cape Town
05-12-2016 | 09:15:00
The Green Cab and Swisatec (Blue Rock Village) are set to gear up and redefine the contemporary urban mobility landscape and change how developers plan and design security estates in the future.
[Column] Tom Pegrume: What does successful digital transformation look like?
02-12-2016 | 11:32:00
The business world is changing. Historically, businesses were "analogue" in that they had a bricks-and-mortar store where customers would interact with real people and things were dealt with on a personal level.
[South Africa] Barclays, Techstars open global applications to fintech entrepreneurs
02-12-2016 | 11:00:00
Applications have opened for the Barclays Accelerator programme, powered by Techstars, an initiative aimed at uncovering the next M-Pesa or Paypal by working with exceptional fintech entrepreneurs innovating Africa's financial services industry.
[South Africa] Horse exports poised for massive growth for potential R1 billion industry
02-12-2016 | 09:30:00
AHS has affected South African horse exports since the 1960s and key stakeholders in the industry have been working to find long term solutions to these challenges.
[South Africa] Norilsk Nickel launches legal action against BCL over non-payment for African asset sale
02-12-2016 | 09:15:00
Norilsk Nickel Mauritius and Norilsk Nickel Africa Pty Ltd announce that they have filed legal claims against BCL Limited and BCL Investments Proprietary Limited in the Botswanan courts and in the London Court of International Arbitration to recover the USD 271.3 million.
[Morocco] New olive harvesting technology boosts job creation among youth
01-12-2016 | 15:05:54
New technologies for the efficient harvest of olives and olive oil have made it possible for Moroccan youth to continue the work of family farms without compromising their economic prospects, according to a new report by Reuters.
Namibia bets on new aviation authority to improve standards
01-12-2016 | 15:03:09
THE launch of the Namibia Civil Aviation Authority (NCAA) early this month has brought renewed hope that aviation standards will improve for the better.
What Trump victory means for South Africa pharma industry
01-12-2016 | 11:30:00
Pharmaceutical stocks in Europe and the USA performed well following newly elected Donald Trump’s presidential victory and it’s likely that Trump's proposed healthcare plan has contributed to the good run in pharma stocks.
[South Africa]Business confidence wanes threatening gains in economic boom
01-12-2016 | 07:29:51
Business confidence in South Africa as an investment hub dropped in the fourth quarter, a development that puts to risk efforts at boosting economic growth and avoiding a downgrade in rating.
[Mozambique] Fourteen companies express interest in natural gas project
30-11-2016 | 15:50:43
Fourteen companies have expressed interest in developing projects using natural gas from the Rovuma Basin in northern Mozambique.
[Zimbabwe] Old Mutual pionners listing on alternative trading platform in indigenization move
30-11-2016 | 15:50:38
Old Mutual Zimbabwe is set to be the first company to trade its empowerment shares on the Financial Securities, FINSEC, Alternative Trading platform as it seeks to endorse government’s indigenization programme.
[Zimbabwe] Mahindra partners with MBCA bank to ease vehicle purchase for customers
30-11-2016 | 05:58:35
Mahindra Zimbabwe has partnered with MBCA Bank and African Century to allow prospective owners to purchase vehicles at lower prices similar to the cost of an imported vehicle.
[Botswana] Travel Lodge targets business travelers with modern conference facility
29-11-2016 | 15:26:16
Travel Lodge has unveiled a modern conference facility, as it seeks to cement its place in the tourism industry while targeting business travelers.
[Namibia] Paratus Telecom launches first of its kind fibre to home connectivity package
29-11-2016 | 09:19:34
Namibia’s telecommunication operator Paratus Telecom has rolled out fibre to the home connectivity becoming the first country in the region.
MTN trains eyes on Iranian market
29-11-2016 | 08:59:17
Africa’s largest mobile company has set eyes on more expansion to Iran where it is only starting reap profit, as it seeks to grow its foothold in the world.
Bowmans advises on largest commercial settlement in South Africa’s construction industry
29-11-2016 | 08:20:36
A team of specialist litigation and corporate lawyers at Bowmans South Africa has been involved in one of the largest commercial settlements in the history of South Africa’s construction industry.
Namibia tops African countries featured in Global Entrepreneurship Index; Rwanda, Botswana, South Africa fall closely behind
28-11-2016 | 11:00:00
The inaugural Ashish J Thakkar Global Entrepreneurship Index measures entrepreneurial environments around the world and assesses each of its 85 countries against a set of criteria that spans policy, infrastructure, education, entrepreneurial environment and finance.
[South Africa] Nedbank spends over R400k on Africa’s first interactive ATM
28-11-2016 | 10:41:00
Nedbank has launched an interactive teller and banker ATM at its flagship new generation branch in Sandton in Johannesburg. According to the financial services group, it is the only bank in Africa and the second bank in the world to make use of the device.
African Travel Spend expected to rise 24 Percent with Introduction of African Union Passport Introduction in 2018
28-11-2016 | 10:06:37
Travellers from four countries – South Africa, Nigeria, Kenya and Egypt were surveyed, with those having flown in the past 24 months saying they would spend 24 percent more with the introduction of the passport.
Indian government to invest in Zimbabwe SMEs to boost trade between the two countries
28-11-2016 | 05:57:00
The Indian government is set to invest in Zimbabwe’s small-to-medium enterprises (SMEs) to boost trade between the two countries, which has been skewed in favour of the Asian giant.
Malawi to unveil 200 currency note to stem economic crunch
25-11-2016 | 16:30:44
A new Kwacha 2000 new note is set to be unveiled in December according to the Reserve Bank of Malawi, necessitated by economic crisis and devaluation of the Kwacha. “We want to tell Malawians that starting from December end they will be using a new note and that is K2000,” said RBM manager Charles Tchuka
[Botswana] Almaz, first computer assembly company breathes life into manufacturing and ICT
25-11-2016 | 16:27:16
The unveiling of Almaz, a first of its kind computer assembly company in Botswana has come as a welcome relief for its role in expanding electronics manufacturing and catalyzing content development, research and development.
[South Africa]Stor-Age Property set to acquire six properties from Storage South Africa
25-11-2016 | 10:11:00
Development company Stor-Age Property is close to finalizing the acquisition of six properties from Storage South Africa for a total of up to $2.5 million to add 39 500 square metres to the listed self-storage property fund’s portfolio in Gauteng and Cape Town.
[Namibia] Namib Mills expands portfolio and reach as demand for its products soars
24-11-2016 | 16:32:54
Namibia food producer Namib Mills has diversified into new products and set eyes on expansion to the rest of South African countries as demand for its products soars.
[Column] Anton van Heerden: The Pros and Cons of Black Friday for Small Businesses
24-11-2016 | 10:39:00
Black Friday is an American tradition that has quickly taken root in Africa. The large online e-commerce shops and the major retail chains in many parts of the continent will be splashing out with big promotions and marketing campaigns to get consumers to part with their cash.
Research shows that technology improves productivity in SA NGO’s
24-11-2016 | 09:37:17
98% of NGO’s in South Africa believe that technology is essential to their day-to-day operations. This is according to a recent survey conducted by Microsoft, which polled NGO’s across the region.
Africa Code Week trains 427,000 students in one week
24-11-2016 | 09:17:00
SAP's ambitious goal of equipping 5 million African youth with basic coding skills by 2025 took a bold step forward following the release of the results of this year's Africa Code Week.
Angola, South Sudan deepen trade ties with mining protocol
23-11-2016 | 12:34:00
The government of Angola has entered into a mining agreement with South Sudan to deepen exploration and trade between the two countries in the areas of training, laboratory, negotiation of mining contracts and policy.
[Zimbabwe] Lifting of ban on chrome increases exports and revenue
23-11-2016 | 12:31:59
Zimbabwe has recorded an increase in exports and revenue from chrome ore and high carbon ferrochrome following the lifting of an export ban instituted in June last year.
Complimentary report on Africa’s transport infrastructure and maintenance
23-11-2016 | 09:59:00
Road authorities and project owners are dedicating their largest budgets to date to address the poor state of their key infrastructure which continues to hamper the speed and confidence of Africa’s ongoing development efforts.
South Africa hires management firm Bain & Company to save country’s airlines
23-11-2016 | 05:12:51
As South Africa looks to making inroads in turning around the dwindling fortunes of its airline sector, it has hired Boston based Bain & Company to advise on the strategy and corporate structure of the country’s three loss-making state-run airlines to improve the benefit to the state from owning the carriers.
[South Africa] FibreCo appoints Sammy Thamsanqa as Business Development Executive
22-11-2016 | 09:33:55
FibreCo Telecommunications today announced the appointment of Sammy Thamsanqa Mafu as its Business Development Executive.
[Column] Juliet Prowse: Smart Cape Town- using technology to deliver value
21-11-2016 | 10:30:00
Cities are the future, but they will be put under great strain to adapt their infrastructures and services to cope with predicted population growth and increasing urbanisation.
[Zimbabwe] The Spar Group quits distribution business on tough economic environment
21-11-2016 | 10:20:35
Retail merchandising company The Spar Group has left its distribution business in Zimbabwe last saying it would now focus on cost containment and an increase in its own branded products.
[Namibia] Capricorn Group sells stake in insurance firm to Sanlam Namibia Holdings
21-11-2016 | 08:40:32
Capricorn Group and Sanlam Namibia Holdings have successfully concluded a transaction where Capricorn Group has sold 100 per cent of its shareholding in Welwitschia Insurance Brokers to Sanlam Namibia Holdings Group Limited.
[South Africa] Refurbished Menlyn park to become Africa’s largest shopping mall
18-11-2016 | 15:14:02
The refurbished Menlyn park to open next week is set to become Africa’s largest shopping mall catering to different clientele across the continent.
Ericsson sets eyes on burgeoning demand for mobile internet services in Africa to grow revenue
18-11-2016 | 15:03:31
Networking and telecommunications equipment and services company Ericsson has trained its eyes on the burgeoning demand for mobile internet services with the hope that it will also boost its sales.
[Namibia] South African Customs Union launches portal to ease regional trade and economic data access
18-11-2016 | 14:36:22
South African Customs Union has launched a statistical database portal that will make it easier to access economic and trade data on the region. The union which is headquartered in Windhoek Namibia comprises of five countries including Botswana, Lesotho, Namibia, South Africa and Swaziland.
[Zimbabwe] Nhimbe Fresh Exports secures $2.5 million credit to boost production of specialist fruits and vegetables
17-11-2016 | 16:29:19
Zimbabwe’s horticultural company Nhimbe Fresh Exports has secured a $2,5 million loan facility from the Europe-based United Exports, which is aimed at boosting the production of blueberry, raspberry, stone fruit and some vegetables.