Wal-Mart confirms offer to acquire 51% of Massmart Published by Staff Writer on 29 November 2010 US-based retailer Wal-Mart Stores announced today that it has offered to acquire 51% of the shares of South Africa’s Massmart.
Interview: Doing business in South Africa’s power sector Published by Nermin Musovic on 22 November 2010 Salvador von Neuberg, CEO of Bilfinger Berger Power Holdings, says South Africa’s power sector holds good growth potential.
Immigrant township traders becoming a force to be reckoned with Published by Jaco Maritz on 10 November 2010 Immigrant traders operating in South Africa’s townships are becoming more competitive, said Gill Mkhasibe, managing director of The Alternative Consultancy.
M-PESA registers 21,000 users in South Africa Published by Staff Writer on 8 November 2010 M-PESA currently has 21,000 registered users in South Africa, Vodacom CEO Pieter Uys said in a radio interview with Moneyweb.
Is the newfound confidence in Africa sustainable? Published by Patrice Rassou on 5 November 2010 The announcement that HSBC had terminated talks to purchase 70% of Nedbank was likened to being hit for six by an English batsman; it was quite unexpected and still difficult to rationalise after an extensive due diligence process.
Telkom launches 8ta mobile network in South Africa Published by Staff Writer on 14 October 2010 South African telecommunications company, Telkom, launched its new mobile brand 8ta on Thursday evening.
Telkom to launch new mobile network this week Published by Staff Writer on 10 October 2010 South African fixed-line operator, Telkom, will launch its long-awaited mobile network on Thursday, according to a report by the Sunday Times.
Indian wind power company sets up shop in South Africa Published by Staff Writer on 6 October 2010 Indian wind turbine supplier, Suzlon Energy Limited, has announced that it will establish an office in South Africa.
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.
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.
Rudderless SA may miss out on new scramble for Africa Published by Dianna Games on 26 September 2010 If South Africa does not wake up to the benefits of having a proper multi-stakeholder Africa strategy it will be left out in the cold in the new scramble for the continent.
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.
South Africa most competitive country in Africa – report Published by Claude Harding on 16 September 2010 South Africa has been ranked as the most competitive African country in The Global Competitiveness Report 2010–2011 index.
