SA’s Pick n Pay denies rumours about Tesco deal Published by Staff Writer on 13 June 2011 South African supermarket group Pick n Pay has denied speculations about a deal with UK retailer Tesco.
“Zain now smells like Bharti,” says Airtel boss Published by Staff Writer on 10 June 2011 Indian mobile operator Bharti Airtel’s strategy in Africa is to lower tariffs, expand its market share and make money through economies of scale.
Is China pulling out of Africa? Published by Staff Writer on 9 June 2011 Chinese companies might be thinking of pulling out of Africa if a recent article by the IPS news service is to be believed.
Nigerian banks seeking funds in London Published by Staff Writer on 6 June 2011 Some of the Nigerian banks that were bailed out in 2009 might list on the London Stock Exchange to raise money before a recapitalisation deadline.
Transport and logistics firms see potential in Kenyan market Published by Staff Writer on 5 June 2011 Transport and logistics companies are battling it out for market share in Kenya.
All’s well in The Gambia, says IMF Published by Staff Writer on 1 June 2011 The Gambia’s long-term economic outlook is generally positive, says the International Monetary Fund.
Nigerian banks forced to establish agric desks Published by Staff Writer on 30 May 2011 In an effort to boost lending to the agriculture value chain, the Central Bank of Nigeria (CBN) has ordered commercial banks to establish agricultural desks within six months.
World’s cheapest car might come to Mozambique Published by Staff Writer on 29 May 2011 Plans are underway to build a Tata vehicle assembly plant in Mozambique’s Zambezia province.
Portraits of the African middle class Published by Staff Writer on 28 May 2011 The Other Africa is photographic project by Philippe Sibelly that started in 2005. It is a visual document studying the emergence of a middle class on the continent.
Why it is unlikely that an African will head up the IMF Published by Staff Writer on 27 May 2011 It is highly unlikely that South Africa’s Trevor Manuel will land the job as head of the IMF, writes Chipo Musoko in an opinion piece for Zimbabwe’s The Herald newspaper.
West Africa: Free trade at last? Published by Staff Writer on 24 May 2011 Nigeria’s Business Day newspaper today wrote in an editorial piece that the Economic Community of West African States (ECOWAS) is expected to scrap all tariffs, restrictions and quotas in an effort to boost trade within the region.
M-Pesa struggling to take off in South Africa Published by Staff Writer on 23 May 2011 Despite its success in East Africa, mobile money transfer service M-Pesa is struggling to take off in South Africa.
Battery firm might close Kenyan factory, blaming cheap imports and high costs Published by Staff Writer on 23 May 2011 Battery manufacturer Eveready East Africa might close its Kenyan factory to cut costs as “cheap” imports from Asia had eaten into the firm’s market share.
SABMiller sees good beer sales from Africa Published by Staff Writer on 20 May 2011 SABMiller, the world’s second largest brewer by volume, saw a 13% increase in lager sales in Africa (excluding South Africa) over the past year.
