SABMiller reports growth in Africa beer sales Published by Claude Harding on 18 October 2010 SABMiller, the world’s second largest brewer by volume, today said in a statement that lager volumes in Africa grew by 11% on an organic basis during the six-month period ended 30 September 2010.
African exchange controls – almost everywhere you go Published by Claude Harding on 18 October 2010 Most countries on the African continent have some form of exchange control regulations.
Kenya eyes 1.2 million tourists Published by Regina Ekiru on 18 October 2010 Kenya’s tourism sector seems to be on the recovery path following the 2007 post election violence and global recession which threatened to bring the sector to its knees.
Tanzania: Mining company infiltrated by crime syndicate Published by Claude Harding on 14 October 2010 African Barrick Gold today said that it has uncovered organised and systematic onsite fuel theft at its Buzwagi mine in Tanzania.
Wal-Mart and what it means for Africa Published by Jaco Maritz on 12 October 2010 How we made it in Africa looks at how Wal-Mart’s entry into Africa might affect the continent’s retail landscape
Large scale wind farm to be built in Cape Verde Published by Claude Harding on 10 October 2010 A large scale onshore wind farm of more than 28 megawatts is to be established on four islands in the Cape Verde archipelago.
Kenyan banking sector still has plenty of room for growth Published by Imara Africa Securities team on 8 October 2010 Reuters last week reported that Kenyan banks are set for consolidation to meet a deadline to boost minimum core capital and cut costs in a lower interest rate environment.
Interview: Actis acquires African fabric manufacturer Published by Staff Writer on 8 October 2010 Private equity firm, Actis, recently bought 100% of Vlisco Group, the market leader in designer wax fashion fabrics aimed at the west and central African market.
Interview: Growing an agriculture business in Africa Published by Staff Writer on 8 October 2010 Nick Goble, Pannar Seed’s regional manager for Africa, talked to How we made it in Africa about the company’s operations and how to successfully invest in the continent’s agriculture sector.
Pakistani footwear company opens Kenyan subsidiary Published by Regina Ekiru on 6 October 2010 Pakistan’s leading footwear manufacturer and exporter, Servis Group, has opened a subsidiary, Servis Shoe Africa, in the Kenyan market.
Running a thriving money transfer business from Somalia Published by Jaco Maritz on 5 October 2010 Somalia, a country that has over the years mostly made headlines for violent civil unrest and piracy, is an unlikely birthplace for one of Africa’s largest money transfer companies.
Namibian mobile company utilises wind power Published by Claude Harding on 5 October 2010 Namibian mobile operator, MTC, has inaugurated its first fully-funded wind-powered solution to power its equipment in an area not served by the national electricity grid.
Mauritius top ranked country in 2010 Ibrahim Index Published by Staff Writer on 4 October 2010 Mauritius ranks 1st out of 53 African countries in the newly released Ibrahim Index, an assessment of governance on the continent.
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.