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.
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.
Property and cement set to remain good investments in East Africa Published by Imara Africa Securities team on 14 July 2010 A report by HassConsult states that Kenyan housing prices have largely remained stable even as the global economy struggled and the country experienced political turmoil at home.
New mining investment picking up in Zimbabwe Published by Staff Writer on 13 July 2010 Despite investor concerns about impending indigenisation legislation in Zimbabwe, investment in the troubled nation’s mining sector is starting to pick up, notes Imara, the pan-African investment group.
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.
Mauritius: Feasible opportunities in agriculture sector Published by Staff Writer on 13 July 2010 The Mauritius Board of Investment (BOI) is inviting investors to invest in the country’s agriculture sector.
South African firm invests in Zambia poultry facility Published by Staff Writer on 13 July 2010 Astral Foods, a South African integrated poultry producer, has opened a new state-of-the-art broiler breeding farm and hatchery in Zambia.
Fresh milk a hard sell in Nigeria Published by Staff Writer on 13 July 2010 The Zimbabwean farmers who relocated to Nigeria are struggling to sell their fresh milk products due to a preference for powdered milk in the country.
Produce cut flowers in Ghana Published by Staff Writer on 13 July 2010 Investors have the opportunity to invest in the production of flowers in Ghana. The country’s floriculture industry is at an infant stage of development relative to Africa’s major flower producers.
Challenges and benefits of “going green” in Nigeria Published by Alitheia Capital on 12 July 2010 Nigeria is confronted with several peculiar challenges which make a green agenda appear unattainable. Top of these include the solutions that have been adopted because of the inefficiencies in the energy and transportation systems, as well as waste management. The building industry also has its peculiar handicaps.
Interview: Selling electronics and home appliances in Zambia Published by Jaco Maritz on 12 July 2010 Radian Stores Ltd. is the authorised distributor in Zambia for Philips and LG Electronics. Jaco Maritz spoke to the company’s director, Abhilash Bajpai.
Leasing of land to foreign investors unpopular in Cameroon Published by Staff Writer on 12 July 2010 Rural people in several parts of Cameroon are protesting a government policy that allows the government to sell or lease arable land to foreign investors.
What is the investment outlook for Africa? Published by Staff Writer on 10 July 2010 There is a growing realisation that Africa’s resources must be tapped if the needs of China, India and other fast-growing emerging markets are going to be met.
