Strong sell-off as Egyptian stock exchange reopens Published by Imara Africa Securities team on 25 March 2011 The Egyptian stock exchange finally reopened on Wednesday this week after having been closed for approximately seven weeks following political upheaval in that country.
Asset management firms attracted to the Cape Town lifestyle Published by Jaco Maritz on 22 March 2011 Cape Town’s favourable lifestyle is one of the major reasons why many of South Africa’s asset management firms are based in the city as opposed to the economic hub Johannesburg.
Three Nigerian banks to announce recapitalisation deals Published by Staff Writer on 22 March 2011 Business Day reports that three of the nine Nigerian banks that were rescued in a bailout in 2009 will announce recapitalisation agreements with investors in the next week.
Financial groups eye Africa’s growing middle class Published by Imara Africa Securities team on 22 March 2011 “Africa’s financial services industry may continue to grow at an average annual rate of 15% to 2020, outpacing gross domestic product growth.”
How Japan’s earthquake will affect Africa Published by Claude Harding on 22 March 2011 Africa should brace itself for a decline in aid and trade flows with Japan following the devastating earthquake last week that hit the world’s third-largest economy.
Ugandan seed company focusing on more than just profits Published by Jaco Maritz on 22 March 2011 In just seven years Victoria Seeds managed to grow from nothing to one of the largest seed companies in Uganda. How we made it in Africa talks to Josephine Okot, founder and managing director of the company.
Zain cautious on southern Sudan expansion Published by Staff Writer on 21 March 2011 Mobile phone operator Zain is carefully considering expansion plans in southern Sudan’s relatively untapped market.
Insight Angola: New opportunities opening up Published by Roger Ballard-Tremeer on 21 March 2011 More than ever before the Angolan market is presenting high return on investment opportunities for traders and investors.
Investments moving away from raw materials Published by Staff Writer on 20 March 2011 Investments, both local and foreign, on the African continent are gradually shifting from raw materials to manufacturing, services, communication and tourism, despite poor infrastructure and low skills levels.
Corporate Zimbabwe should give direction to politicians Published by Tawanda Karombo on 20 March 2011 “We are all politicians, the only difference being some are full-time and some are part-time,” says Johannes Mudzengerere, chairman of the Institute of Directors, Zimbabwe.
Tullow and Ugandan government find resolution to disputes Published by Staff Writer on 20 March 2011 After many months of discussions around tax disputes Tullow Oil, has signed a memorandum of understanding with the Government of Uganda.
Africa not a hopeless continent, says Christo Wiese Published by Jaco Maritz on 18 March 2011 South African businessman Christo Wiese says he is an Afro-optimist and sees great potential in the African continent.
Parmalat pushing into Africa; powdered milk remains a challenge Published by Jaco Maritz on 18 March 2011 Dairy producer Parmalat is experiencing an increase in demand for its products from the African continent.
How financing is enabling subsistence farmers to ramp up their game Published by Claude Harding on 18 March 2011 Through innovative financing solutions, Africa’s subsistence farmers are slowly but surely transforming themselves into commercial producers of crops.