Vodacom says it may sell DRC unit Published by Claude Harding on 15 January 2011 South African mobile operator Vodacom Group may consider selling its Democratic Republic of Congo (DRC) business, Bloomberg reported today.
Should South Africa be a BRIC country? Published by Claude Harding on 15 January 2011 Jim O’Neill, chairman of Goldman Sachs Asset Management, says it is not entirely obvious to him why the other BRIC nations should have agreed to the inclusion of South Africa in the grouping.
UAC and Tiger Brands conclude joint venture deal Published by Staff Writer on 15 January 2011 UAC of Nigeria (UACN), a Nigerian diversified company, and Tiger Brands, a South African fast-moving consumer goods firm, have concluded a deal to form a strategic partnership.
Toshiba targeting African market with new manufacturing plant in Egypt Published by Claude Harding on 14 January 2011 Japanese electronics group Toshiba Corporation is aggressively targeting the African market with its range of TV models.
Airlines benefiting from high demand for flights to southern Sudan Published by Claude Harding on 14 January 2011 Business Daily yesterday reported that Kenya’s airlines are benefiting from more traffic to southern Sudan as the country’s week-long referendum drives demand.
Norwegian fertiliser firm betting on growth in Tanzania’s agriculture sector Published by Claude Harding on 13 January 2011 Norwegian-based global fertiliser company Yara International has announced a US$20 million investment into a new fertiliser terminal at the port in Dar es Salaam, Tanzania.
Mozambique set to continue showing solid GDP growth Published by Imara Africa Securities team on 12 January 2011 While its stock exchange has not developed at a rate one would have like, Mozambique’s overall economy has continued to show strong growth.
Malawian insurer to benefit from Sanlam’s expertise Published by Claude Harding on 11 January 2011 South African financial services group Sanlam is to buy a 49% stake in Malawi’s NICO Life Insurance Company Limited.
Looking to do business in Zimbabwe? Read Imara’s 2011 outlook Published by Imara Africa Securities team on 11 January 2011 The “talk” of elections in 2011 will be the main theme in political and business circles.
Investors eyeing opportunities in southern Sudan Published by Jaco Maritz on 10 January 2011 “Smart investors, savvy analysts and individuals familiar with emerging markets know that southern Sudan is poised to become Africa’s next best bet.”
Fly540 launches flights in Angola Published by Claude Harding on 5 January 2011 Fly540 Angola, the country’s first ICAO registered privately owned commercial airline, has started with operations.
Swedish telecoms infrastructure company opens Nairobi office Published by Claude Harding on 3 January 2011 Sweden-based Flexenclosure, a supplier of environmentally friendly telecom base station site solutions, has announced the opening of a new office in Kenya.
Eye on North Africa: December 2010 Published by Francois Conradie on 3 January 2011 North Africa specialist Francois Conradie looks at the region’s most important business and politics stories for the month of December 2010.
DRC exports could suffer because of AGOA decision Published by Claude Harding on 2 January 2011 The Democratic Republic of Congo (DRC) has lost its status as a beneficiary country under the African Growth and Opportunity Act (AGOA), effective 1 January 2011.
