News

Kenyan Family Businesses Optimistic On Future Growth, Pwc Survey

03-21-2019 | 09:01:53
PwC Kenya’s latest report “The values effect: PwC 2018 Family Business Survey” shows that family businesses in Kenya have plans to grow over the next 5 years.

WCP assists 1 000 companies and saves 50 000 jobs, Productivity South Africa report

03-21-2019 | 06:43:00
The CEO of Productivity South Africa has reported that the Workplace Challenge Programme (WCP) has to date assisted 1 000 companies and successfully led to the retention of more than 50 000 jobs since its inception in 1998.

Africa set to be the next big mobile market, Jumia report

03-20-2019 | 06:57:45
Africa is judiciously positioned to be the next big mobile market, enviously eyed by global investors for her enormous growth opportunities according to a Mobile Report for Africa released by Jumia.

AfDB, Portugal and Mozambique sign MOU for private sector development

03-18-2019 | 15:26:00
The African Development Bank and the governments of Mozambique and Portugal have signed a Mozambique-specific Memorandum of Understanding for the implementation of the Lusophone Compact.

Port Louis named Africa’s top city for expats in Mercer’s quality of living ranking

03-14-2019 | 10:11:00
Trade tensions and populist undercurrents continue to dominate the global economic climate.

Africa’s Smartphone Market Sees First Growth Since 2015 Despite Downturn in Global Market, IDC report

03-14-2019 | 07:45:27
Africa's smartphone market grew 2.3% in 2018 to total 88.2 million units, according to the latest figures announced by IDC.

[Egypt] Mobile phone market shows signs of recovery, IDC report

03-14-2019 | 07:20:32
Egypt’s mobile phone market saw shipments totaling 14.4 million units in 2018, according to the latest insights from International Data Corporation (IDC).

[Kenya] Affordable entry-level devices key driver of smartphone adoption, Jumia Report

03-13-2019 | 05:16:13
According to the Jumia White Paper, the smartphone industry has remained a truly competitive landscape throughout the years, with Chinese brands dominating both Kenyan and African markets.

South Africa stands a big opportunity to expand small businesses and create jobs, IFC, World Bank study

03-07-2019 | 07:49:00
South Africa’s financial institutions and policymakers have a big opportunity to create jobs by expanding financial services in a stronger business environment for smaller businesses, according to a new study by IFC and the World Bank.

[South Africa] Sanlam remains resilient amid challenging operating environment, Sanlam annual results

03-07-2019 | 07:10:00
Sanlam’s 2018 annual results provides testimony to its resilience amid challenging operating conditions and negative investment markets as it announced its operational results for the 12 months ended 31 December 2018.

[South Africa] MTN increases its subscriber base by 16 million to 233 million customers across 21 African markets and the Middle East.

03-07-2019 | 06:04:04
MTN Group has increased its subscriber base by 16 million to 233 million customers across 21 markets in Africa and the Middle East.

Formalizing South Africa’s SMEs offers opportunities for jobs, economic contribution, IFC study shows

03-07-2019 | 06:00:00
South Africa’s financial institutions and policymakers have a big opportunity to create jobs by expanding financial services in a stronger business environment for smaller businesses.

[Morocco] Casablanca's stable real estate market attracts more investment, JLL report

03-06-2019 | 06:44:49
Performance across Casablanca's real estate market remained relatively stable throughout 2018 with the announcement of new projects also enhancing investor sentiment across all sectors.

Improved distribution, rising demand deepen renewable energy uptake in SADC region, report

03-06-2019 | 06:40:00
The Southern African Development Community (SADC) region is seeing a significant increase in the number and quality of its renewable energy and energy efficiency policies, according to a new status report.

Kenya, Zimbabwe seed companies outperform multinational peers in serving smallholder farmers, Index

03-05-2019 | 09:31:05
Two homegrown African seed companies top the 2019 Access to Seeds Index for Eastern and Southern Africa, for playing a key role in raising smallholder farmer productivity.
 
Features

[Nigeria Business Week] Industries partner to reach common goals

01-10-2019 | 10:57:00
The sectors are revving up to keep up momentum as the 2019 opens new doors for Nigeria’s stride toward economic balance.

[SA Business Week] Key sectors appointments and a busy air route

10-05-2018 | 16:19:00
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.

[Nigeria Business Week] With Construction, Agribusiness, Oil and Gas and startup hubs, Nigeria leaves no sector behind

05-24-2018 | 13:15:00
Two years ago Nigeria was as good as drowning in debts, unemployment, reduced investment and general widespread discontent. Today, though still a work in progress, the country has exited recession and is fast regaining its momentum.

[Startup Interview] Renaldo Bothma, Managing Director, HomeFixer, South Africa

05-21-2018 | 11:34:00
Renaldo Bothma is a professional rugby player and founder of a new app, Homefixer, an app to help fix any household related issue at the push of a button.

[Column] Gilbert Saggia: Data - the fertilizer that will feed Africa's agricultural transformation

03-27-2018 | 13:27:00
Everywhere we look, technology is being touted as the enabler of a new era of African agricultural prosperity. The exciting world of possibilities offered by blockchain, IoT and machine learning has made companies, governments and policy-makers sit up.

[Column] Benjamin Coetzer: Combating cloud’s biggest security risk - the user

03-20-2018 | 10:54:00
Cloud is coming into its own. Forrester says that public cloud platforms, business services, and applications will reach $236B by 2020.

Nigerians seek next level shopping experience - Nielsen findings

10-16-2017 | 07:45:00
Despite Nigeria’s retail sector being dominated by independent formats like Open Markets and Kiosks in terms of absolute store numbers, modern trade formats like Supermarkets and Hypermarkets are stepping up to fulfil the needs of consumers.

[Column] Frances Okosi: The rise of renewable energy across Africa

06-01-2017 | 10:12:00
The extent of the power deficit across Africa is well documented and increasing electricity generation across the continent is the focus of a number of initiatives at both national and supra-national level.

Africa presents a mixed foreign direct investment picture - EY Africa Attractiveness report

05-03-2017 | 07:33:00
According to EY’s latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.

[Column] Brett Parker: Between East & West, Africa's economic transformation will create a third centre of global power

04-19-2017 | 10:06:00
What a difference a century makes. If we stepped back in time to a hundred years ago we'd find a primitive China; a Middle East that had yet to discover the riches of oil and most of Southeast Asia consisted of countries that were barely distinguishable from medieval societies.

Casablanca and Nairobi rank leading destinations for Fortune 500 companies establishing international headquarters

04-18-2017 | 09:44:00
The Middle East Africa (MEA) region has become increasingly important for the majority of global Fortune 500 companies, according to a new report released by Infomineo, a global business research company specialising in Africa and the Middle East.

Powering Africa's Transformation - Tony Elumelu, Aliko Dangote, Carlos Lopes

04-14-2017 | 07:34:00
Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.

Economic growth in East Africa remains strong despite drought - Report

04-14-2017 | 07:17:00
East Africa's economy has continued to grow despite the adverse effects of drought being felt across the region according to ICAEW's (the Institute of Chartered Accountants in England and Wales) latest report.

[Column] Jaco Lotz: Growth in middle class drives private education boom in Africa

04-04-2017 | 12:38:00
Private universities and schools are mushrooming across Africa, as parents increasingly seek a quality education for their children outside of the state offering - a move which is largely attributable to the rapid growth of the middle class on the continent.

The Global Gig Economy and its Implications for African Digital Workers - Professor Mark Graham

03-27-2017 | 09:18:24
Oxford professor Mark Graham, addressing the 4th UNI Africa Conference in Dakar, Senegal, warned of the danger of ‘parasitic capitalism’ where digital companies give little back to the places where they are embedded and platform workers are left to fend for themselves.