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.
Africa’s top 5 destination cities revealed Published by Claude Harding on 13 June 2011 Cairo, Johannesburg, Casablanca, Nairobi and Tunis have been ranked as the top five destination cities in Africa.
Land for a bottle of whisky? Rethinking land grab in Africa Published by Claude Harding on 13 June 2011 Unregulated land purchases by foreign investors are forcing millions of African smallholder farmers off their land in order to make room for export commodities such as cut flowers and biofuels.
East Africa to see slowdown in economic growth Published by Imara Africa Securities team on 13 June 2011 Bloomberg last week reported that Kenya, Tanzania and Uganda had outlined plans to increase spending on roads and power plants as they struggle to maintain economic growth.
Why Pepsi is interested in African agriculture Published by Jaco Maritz on 10 June 2011 PepsiCo, one of the world’s largest food and beverages companies, is actively looking at engaging Africa’s agriculture sector as it transforms itself into a healthy foods company.
“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.
“Age and success are not always related,” says 33-year-old Intel head Published by Karimi Kiambi on 10 June 2011 In the second part of our interview with Videsha Proothveerajh, the country manager for Intel South Africa, she shares her experience on how to effectively manage a career.
Walmart and Barrick Gold deals show Africa is ready for large investments Published by Imara Africa Securities team on 10 June 2011 The recent approval of the Walmart-Massmart deal in South Africa is an important milestone in that it demonstrates Africa’s readiness to attract new investment flows.
We need more women in senior management, says Intel boss Published by Karimi Kiambi on 9 June 2011 Karimi Kiambi asked Videsha Proothveerajh (33), Intel’s country manager for South Africa, how more women professionals can land top jobs.
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.
Tito Mboweni on doing business in Africa Published by Claude Harding on 7 June 2011 “Africa is an exciting place to do business, it is also a hell of a difficult place,” says Tito Mboweni, former governor of the South African Reserve Bank and currently chairman of AngloGold Ashanti.
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.
17 African countries with good investment potential Published by Claude Harding on 6 June 2011 In its recently published 2011 Africa attractiveness survey, Ernst & Young identified a selection of African countries with good potential for foreign direct investment (FDI) over the next five years.
Skills shortage remains a problem for Kenyan IT companies Published by Claude Harding on 6 June 2011 A lack of skilled workers in the information technology (IT) sector is forcing Kenyan software firms to outsource work internationally or to train fresh graduates.