South Africa

M-PESA launched in South Africa

Published by Staff Writer on 1 September 2010

South African mobile operator, Vodacom, and the country’s fourth largest bank, Nedbank, have announced the launch of the M-PESA money transfer service, utilising technology developed by the Vodafone Group.

Bright spots in South African economy despite growth slowdown

Published by Arthur Kamp on 25 August 2010

South Africa experienced a material slowdown in growth to 3.2% in the second quarter from 4.6% in the first quarter. Gross domestic product (GDP) excluding agriculture advanced just 2.7%.

Chinese firm in talks to build high-speed rail project in South Africa

Published by Staff Writer on 24 August 2010

China Railway Group is in talks with South Africa’s government to build a US$30 billion high-speed rail project.

HSBC close to a deal for controlling stake in South African bank

Published by Staff Writer on 23 August 2010

HSBC is set to win the auction for a controlling stake in Nedbank, South Africa’s fourth-largest lender.

Famous Brands acquires Keg and McGinty’s

Published by Staff Writer on 10 August 2010

South African restaurant group Famous Brands has acquired the franchise agreements, trademarks and intellectual property of the Keg and McGinty’s brands.

Absa’s Nigerian office ‘not a late entry’

Published by Claude Harding on 9 August 2010

South Africa-based bank Absa is opening a representative office in Nigeria in a move CEO Maria Ramos says is not a late entry into Africa’s most populous nation.

a team from Zest and WEG successfully commissioned the longest VSD-driven conveyor in Africa for Anglo Thermal's Zibulo Coal Mine near Witbank in Mpumalanga.

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.

Low cost carrier introduces competition on Maputo route

Published by Staff Writer on 26 July 2010

South African low cost carrier, 1time airline, last week announced it will operate five flights a week between Johannesburg and Maputo, Mozambique, commencing 12 August 2010.

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?

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.

Absa’s bid to acquire Namibian bank rejected

Published by Staff Writer on 7 July 2010

The Bank of Namibia, the country’s central bank, has rejected South Africa-based Absa Group’s application to acquire a majority stake in Bank Windhoek.

A look at South African consumer confidence

Published by Cees Bruggemans on 23 June 2010

One frequently hears a speech extolling confidence in this beautiful country, willing it to be so, as if words alone can make this come true.

South Africa’s high-speed train opens for public

Published by Staff Writer on 14 June 2010

South Africa’s first high-speed train service, the Gautrain, last week officially opened for the public, just in time for the World Cup kick-off.

South Africa

M-PESA launched in South Africa

Bright spots in South African economy despite growth slowdown

Chinese firm in talks to build high-speed rail project in South Africa

HSBC close to a deal for controlling stake in South African bank

Famous Brands acquires Keg and McGinty’s

Absa’s Nigerian office ‘not a late entry’

Brazilian firm views South Africa as important market

Low cost carrier introduces competition on Maputo route

South Africa must play by Africa’s business rules

Restaurant group cashed in during World Cup

Japanese firm to acquire South Africa’s Dimension Data

Absa’s bid to acquire Namibian bank rejected

A look at South African consumer confidence

South Africa’s high-speed train opens for public

How this French serial entrepreneur started investing in Africa

What it takes to build a logistics network from scratch in West Africa

Building a restaurant chain in Nigeria: The story of Toasties

Where this investor sees the best opportunities in Africa

Gyms in Nigeria: ‘We could be a thousand times larger’

Sell first, produce later

From beverage cans to gyms: Verod’s investment playbook for West Africa

‘All businesses are hard,’ says Tanzanian entrepreneur

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