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Aircraft management company AXIS Aviation launches in South Africa
AXIS Aviation will now manage two South African entities in Johannesburg and Cape Town, each with its own FBO facility.
MTN selects M&C Saatchi Abel as its global marketing partner
M&C Saatchi Abel was selected following a meticulous process for their expertise in fostering growth and enhancing brand value for multinational corporations.
[South Africa] Johannesburg Stock Exchange proposes amendments to listing requirements
As part of its continued commitment to creating an enabling environment for listed companies, the JSE has announced the proposed amendments to its Listings Requirements to introduce the Market Segmentation Project aimed at the smaller issuers on the Main Board of the exchange.
The Radisson brand enters Cape Town with the newly rebranded Radisson Hotel Cape Town Foreshore
Radisson Hotel Group brings the renowned Radisson brand to South Africa's "Mother City" with the rebranding of Park Inn Cape Town Foreshore to Radisson Hotel Cape Town Foreshore.
[South Africa] Volkswagen announces R4 billion investment in Kariega plant
The changes being made in preparation for the production of the new SUV also affords training and upskilling opportunities for Volkswagen Group Africa’s production employees.
Global asset manager Rohatyn Group sells South Africa-based Portfolio Company BevCo to Varun Beverages
The company operates five manufacturing facilities across South Africa with an installed capacity of 3,600 bottles per minute
South African used car platform WeBuyCars lists on the Johannesburg Stock Exchange
WeBuyCars, a prominent and recognised brand within the pre-owned motor vehicle market, established over 23 years ago, has listed on the Main Board of the Johannesburg Stock Exchange (JSE) under the share code "WBC."
Global merchandising firm SPAR Group announces sale of interest in South Africa
These transactions have been approved by the SPAR Board of Directors and are expected to close in the second quarter.
Heineken invests R2.3bn in its returnable bottling programme in South Africa
The move, which will see the Heineken beer brand move into returnable glass, aligns to the company’s global ambition of net zero carbon by 2040 as per the Dutch Brewers’ “Brew a Better World” strategy.
[South Africa] Adenia Partners acquires last mile delivery services company The Courier Guy
Through the acquisition, Adenia will look to capitalise on the significant growth opportunities within South Africa's last-mile delivery sector, driven by the exponential growth of e-commerce.
[South Africa] Volkswagen Group Africa unveils R20 million airbag deployment centre
The new facility will boost the plant’s airbag testing capacity to 150% of its previous output.
[South Africa] Sasol and Transnet announce rail transport partnership
Under the five-year agreement, Transnet will deliver ammonia from Sasol’s Secunda and Sasolburg facilities to the company’s customers through a dedicated fleet of 128 ammonia tankers. In turn, Sasol will fund Transnet’s maintenance and repair programme for the fleet.
CPS and African School of Economics join forces to establish University and Research Labs in Fumba Town
CPS to announce its partnership with the African School of Economics (ASE), spearheaded by Prof Leonard Wantchekon, the esteemed President and Founder.
[Column] Natasha Koli-Muhire: Housing financiers have vital role in promoting housing recovery post disaster
Many countries have constitutions that recognize the right to accessible and adequate housing and to reasonable standards of sanitation under their Bill of Rights. This right to adequate housing is critical more so within the context of disasters.
[East Africa Business Week] Bob Koigi: Harnessing the potential of African intermediary cities
Africa’s urbanization rate has reached a record high with the continent being the most urbanized globally.
[Column] Roger Long: Divergent trends in property values across Africa
The onset of the COVID-19 pandemic not only affected people and communities, but also impacted commercial property values across the world. This report looks at the effect of the pandemic on property values in Africa.
Radisson Hotel Group opens first Zambian resort near Victoria Falls
Radisson Hotel Group to announce the opening of Radisson Blu Mosi-oa-Tunya Livingstone Resort, Zambia and is a key step towards its goal of reaching 150 hotels in operation and under development in Africa by 2025.
Radisson Hotel Group continues to strengthen its presence in Africa
Radisson Hotel Group plans to strengthen its already impressive presence in Africa. The Group has ambitious plans to reach 150 hotels and 25,000 rooms within the next five years across the continent, making Africa a key region for growth.
Radisson Group pose la première pierre d’un complexe hôtelier à Yaoundé
Le groupe hôtelier international Radisson Blu a posé la première pierre de son complexe hôtelier à 56,5 millions $ à Yaoundé, la capitale du Cameroun.
Turkish firm to build three luxury hotels in Rwanda
Prime Minister Edouard Ngirente receives Ferit Şahenk, the chairman of Doğuş Group, who is currently in the country to look for potential areas of investment, in Kigali, Şahenk announced that Rwanda will be their headquarters with plans to grow further to other African countries in the future.
Radisson Hotel Group expands its Moroccan portfolio with a new resort in the “Blue Pearl” region
Radisson Hotel Group announced the opening of its fifth hotel in Morocco, and its second Radisson Blu Resort in Saidia.
DLA Piper launches inaugural survey of In-House Lawyers in Africa
DLA Piper Africa, in partnership with The Legal 500, has published its inaugural WIN (What In-house lawyers Need) Insights Report for Africa and associated Benchmarking Report.
Jobomax, Sankofa announce joint venture pilot housing project in Ghana
Sankofa Capital, a Philadelphia-based Real Estate Development Company and Jobomax Global, West Africa's most trusted homebuilder, announced a joint venture pilot housing project in Ghana.
Sotheby's International Realty opens first office in Egypt
Sotheby's International Realty announced the opening of Egypt Sotheby's International Realty, signifying the brand's second office in Northern Africa and its 206th office in the EMEIA region.
Première édition d'un forum international des PPP à Brazzaville les 30 et 31 mai prochain
Le Ministère de la Coopération internationale et de la Promotion du Partenariat Public-Privé du Congo organise un Forum dédié à renforcer les investissements étrangers dans le pays du 30 au 31 mai 2022 à Kintélé.
Increased investment in agribusiness, energy and housing could grow Uganda’s economy, IFC - World Bank report
A report published by the IFC and the World Bank found that Uganda could grow its economy, create jobs, and strengthen its trade position in East Africa by increasing private sector investment in its agribusiness, energy, and housing sectors.
Knight Frank Kenya appoints Mark Dunford as new Managing Director
Real estate management firm Knight Frank Kenya, has appointed Mark Dunford as the new Managing Director.
[Egypt] New El Alamein city sees $4bn investments, housing minister
Projects involved in Egypt’s new El Alamein city have raised 62 billion Egyptian pounds ($4 billion) to date, the minister of housing, utilities and urban communities said.
Homes & Villas by Marriott International launches in South Africa
Homes & Villas by Marriott International announced that almost 300 exclusive Cape Town, Johannesburg and Durban homes have been added to the platform.
Sotheby's International Realty opens first office in Morocco
Sotheby’s International Realty announced the opening of Morocco Sotheby’s International Realty, signifying the brand’s first office in Northern Africa. The addition brings the brand’s total number of affiliated offices in the EMEIA region to nearly 200.
Nigerian Rent4Less raises $1m private placement bond to entrench monthly rental culture in Africa
Nigerian rental scheme company Rent4Less by Alpha Mead, announced it raised a fixed-rate series one $1 million private placement bond to entrench the culture of monthly rental in Africa.
Jobomax launches new housing model to expand options for middle and lower-income buyers in West Africa
Jobomax, West Africa's homebuilder, announced its first model in the $10,000 - $20,000 price range, to expand options for middle and lower-income buyers.
UN-Habitat partners with TAF Africa Global to promote affordable housing in Africa
The UN-Habitat signed a Memorandum of Understanding (MoU) agreement with Pan-African real estate development company TAF Africa Global (TAF), to provide one million affordable housing units in Africa in the next seven years.
Buildher Kenya receives $40,000 from GREA to empower women in construction
Skills development and empowerment of women in construction received a boost as real estate developer Gateway Real Estate Africa (GREA), handed over a donation of $40,000 (KES 4,328,000) to Buildher Kenya.
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COLUMNS.
[Column] Louis Avenant: Trends for African telcos in 2024
Africa’s vibrant telco sector is set for a bumper year in 2024 as it expands operations and broadens service offerings ...read full column here
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[Column] Virodh Sunderlall: What to expect from South Africa’s cybersecurity landscape in 2024
As widely reported last year, South Africa received the most cybersecurity threats on the continent by far ...read full column here
[Column] Stephen Bottger: The power of data analytics to revolutionise public safety
The use of applications, technology and data analytics can play a significant role in public safety globally ...read full column here
INTERVIEWS.
[Interview] Chester Wisniewski, Director of Global Field CTO, Sophos
Chester Wisniewski, the Director of Global Field CTO at Sophos, emphasizes several key trends and predictions for the cybersecurity realm in the coming year … read full interview here
[Interview]: Daniel Otu, Koa’s Production and Operations Director & the factory project lead
Daniel Otu, Koa’s Production and Operations Director & the factory project lead, touched on the challenges faced, the importance of sustainability, the role of local culture, and the lessons that shaped Koa’s future vision … read full interview here
[Interview] Oluwole Eweje, CEO-WATT Renewables Corporation
We provide sustainability for communities, especially communities that have very few businesses … read full interview here