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.
PTA Bank raises $300 million Eurobond Published by Staff Writer on 10 November 2010 The Eastern and Southern African Trade and Development Bank (commonly known as PTA Bank), Standard Bank (the parent bank of CfC Stanbic) and HSBC have raised Ksh24 billion (US$ 300 million) through issuance of a Eurobond.
Zambia: Shoprite investigated over alleged anti-competitive behaviour Published by Staff Writer on 10 November 2010 South Africa’s Business Day newspaper yesterday reported that Shoprite is being investigated by Zambian competition authorities.
Kenyan fuel retailer scouting for opportunities in Zimbabwe, Mozambique Published by Claude Harding on 10 November 2010 Kenyan fuel retailer KenolKobil has finalised plans to open an office in Zimbabwe effective 1 January 2011.
Africa’s top 40 global competitors Published by Staff Writer on 10 November 2010 The Boston Consulting Group has released a report that identifies 40 African challengers – fast growing African companies with global aspirations.
The real risks of private equity investing in Sub-Saharan Africa Published by Peter Schmid on 9 November 2010 The perception of risk continues to exert a strong hold over potential investors in Sub-Saharan Africa.
Data centres hold potential for African property developers Published by Nermin Musovic on 9 November 2010 The construction of data centres is an area with great potential for African property developers, says Charles K. Robertson of South Africa-based Visual International.
Nakumatt boosts its presence in Uganda Published by Regina Ekiru on 9 November 2010 Kenyan supermarket retailer Nakumatt Holdings has opened its second 24 hours store in Uganda and announced that it will invest US$1.2 million in the country as part of an expansion drive.
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.
Pick n Pay moves into Mozambique Published by Staff Writer on 8 November 2010 South African supermarket group Pick n Pay announced today that it had signed a franchise territorial agreement with retail franchising group Retail Masters in Mozambique to further extend its African footprint.
Nigeria: Lagos apparently better than Abuja for business Published by Staff Writer on 8 November 2010 Foreign business people should think twice before deciding to promote their products in Nigeria’s capital Abuja instead of Lagos.
Private players to lead the next phase of Brazil-Africa ties Published by Simon Freemantle and Jeremy Stevens on 8 November 2010 Much like India and in contrast to Russia and China, the overwhelming thrust of Brazil’s current offering in Africa originates from its dynamic private sector.
Could indigenisation laws spark a wave of listings on the ZSE? Published by Imara Africa Securities team on 7 November 2010 While the adoption of a multicurrency regime in Zimbabwe has provided some form of respite for local companies, the key restraint relates to the general lack of liquidity.
How to invest in Africa’s agriculture sector Published by Jaco Maritz on 5 November 2010 Agri-Vie is a private equity fund focused on agribusiness in Africa. Jaco Maritz spoke to Izak Strauss, Agri-Vie’s executive director and chief investment officer, about investing in Africa’s agriculture sector