American firm to buy South Africa’s Pannar Seed Published by Staff Writer on 4 October 2010 Pioneer Hi-Bred, a US-based agricultural business, and Pannar Seed, a South African-based seed company, recently announced an agreement for Pioneer to purchase a majority share of Pannar.
South African exchange controls – still relevant to foreign investors Published by Staff Writer on 4 October 2010 There is ongoing speculation as to whether, and exactly when, South Africa will completely abolish exchange control (excon) regulations.
Citigroup involved in Africa trade finance transaction Published by Staff Writer on 3 October 2010 US-based financial services company, Citigroup, has partnered with the AfDB Group and the IFC to provide US$175 million in trade financing for exporters and importers in Africa.
Can micro hydro boost economic development in rural Africa? Published by Staff Writer on 1 October 2010 Micro hydro power systems have the potential to spur economic development in rural Africa. How we made it in Africa interviewed Wim Jonker Klunne, senior researcher at the CSIR.
Actis foremost UK inward investor into Nigeria Published by Staff Writer on 1 October 2010 Actis, a private equity investor focused solely on emerging markets, has been named the foremost UK inward investor into Nigeria.
Nigeria: Local governments get green light for independent power projects Published by Staff Writer on 29 September 2010 Nigeria’s National Economic Council (NEC) on Tuesday gave local governments the green light to establish independent power projects.
Africa ’15 years behind Asia’ Published by Staff Writer on 28 September 2010 “Africa is about 15 years behind Asia but you can superimpose its own pattern of growth on Africa. Companies such as the Indian telecoms group Bharti Airtel have already identified this opportunity.”
Interview: Massmart CEO talks about Wal-Mart offer Published by Staff Writer on 27 September 2010 Grant Pattison, Massmart CEO, talks about the proposed Wal-Mart deal.
Wal-Mart makes offer for South Africa’s Massmart Published by Staff Writer on 27 September 2010 US-based retailer Wal-Mart Stores announced today that it has made a proposal which could, if successful, lead to Walmart making a cash offer to acquire South Africa’s Massmart Holdings Limited.
Protea Hotels to build 15 new hotels in Zambia Published by Staff Writer on 26 September 2010 Protea Hotels Zambia is to construct 15 new hotels in Zambia, according to a report in the Times of Zambia.
Interview: Financing cocoa in Ghana Published by Staff Writer on 25 September 2010 Stanbic Bank Ghana this week confirmed that a record number of commitments have been secured for Ghana Cocoa Board’s 17th annual pre-export finance facility.
How to acquire land for agriculture in Uganda Published by Staff Writer on 20 September 2010 Question: I’m thinking of establishing a large-scale organic agriculture project in Uganda. What is the process involved in acquiring land for this? Submitted by D.K. Ross, United Kingdom
Mercedes Benz could boost investment in South Africa Published by Staff Writer on 19 September 2010 Mercedes Benz South Africa has proposed a new investment in the country’s automotive industry which could see the creation of 2000 new jobs.
Business Advice: Opening an M-PESA outlet Published by Staff Writer on 14 September 2010 I would like to open an M-PESA outlet, may you please send me details of relevant people to contact? I tried Vodacom and Nedbank but I did not receive positive responses.
