Brazilian firm views South Africa as important market Published by Staff Writer on 27 July 2010 WEG, a Brazil-based industrial-machinery maker, has acquired control of South Africa’s Zest Group.
How safe is it to fly in Africa? Published by Jaco Maritz on 27 July 2010 The recent death of 11 people, including well-known Australian businessman Ken Talbot and other executives of Sundance Resources, when their plane crashed in the Republic of the Congo has again turned attention to air safety in Africa.
Africa not just a China play as India makes inroads Published by Imara Africa Securities team on 26 July 2010 Much has been written about the role China has played in increasing FDI into the African continent, driven in particular by its almost insatiable requirement for natural resources to prop up its fast growing economy.
New laws for tourism operators in Lagos State Published by Staff Writer on 26 July 2010 Lagos State Governor, Babatunde Fashola last week signed into law a bill for the regulation and standardisation of the tourism sector in the state.
African success stories show need to think from the ground up Published by Dianna Games on 23 July 2010 In 1993, Equity Building Society in Kenya was declared technically insolvent; in 2010 it claims more than half of Kenya’s banked population as its customers.
Sudan cement plant a ‘challenging’ project Published by Dinfin Mulupi on 23 July 2010 “Although we are accustomed to working in remote locations and to dealing with intense heat, the challenges at Takamol were compounded by the fact that the two banks of the Nile were only recently connected by a bridge.”
Globacom to start operations in The Gambia Published by Staff Writer on 21 July 2010 Nigeria-based African telecommunications firm, Globacom, has won a licence to operate telecom services in The Gambia.
South Africa must play by Africa’s business rules Published by Dianna Games on 20 July 2010 Are South African companies damaging relationships with other African countries by not playing by the rules?
Liberia becoming more popular as investment destination Published by Boakai Fofana on 20 July 2010 In the latest of several major investment deals, the Liberian government has signed a $3 billion agreement with mining giant BHP Billiton.
Restaurant group cashed in during World Cup Published by Staff Writer on 19 July 2010 Famous Brands, the company behind restaurants such as Steers, Wimpy and Mugg & Bean, reported a boost in sales during the World Cup period.
Japanese firm to acquire South Africa’s Dimension Data Published by Jaco Maritz on 18 July 2010 Japan-based Nippon Telegraph and Telephone Corporation (NTT), one of the largest global telecommunications service providers, on Thursday announced it will buy South Africa’s Dimension Data.
Africa’s most expensive cities Published by Claude Harding on 17 July 2010 Luanda in Angola is the world’s most expensive city for expatriates, according to the latest Cost of Living Survey from Mercer.
Vale to invest in Zambian copper mine Published by Staff Writer on 15 July 2010 Brazilian mining firm, Vale, plans to invest US$400 million in the Konkola North copper project, which is expected to start production by 2013.
Strong foreign interest in Kenya stock exchange Published by Jaco Maritz on 13 July 2010 The Nairobi Stock Exchange is increasingly gaining prominence among investors. Jaco Maritz asked Andre DeSimone, executive director of Kestrel Capital about foreign interest in the NSE and what the future holds for the exchange.
