Interview: Massmart CEO talks about Wal-Mart offer Published by Staff Writer on 27 September 2010 Grant Pattison, Massmart CEO, talks about the proposed Wal-Mart deal.
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.
Richard Branson encourages investment in Zimbabwe Published by Sandra Nyaira on 26 September 2010 British entrepreneur Richard Branson has announced a new venture that aims to help put Zimbabwe back on its feet.
Protea Hotels to build 15 new hotels in Zambia Published by Staff Writer on 26 September 2010 Protea Hotels Zambia is to construct 15 new hotels in Zambia, according to a report in the Times of Zambia.
Interview: Financing cocoa in Ghana Published by Staff Writer on 25 September 2010 Stanbic Bank Ghana this week confirmed that a record number of commitments have been secured for Ghana Cocoa Board’s 17th annual pre-export finance facility.
African tax practices – the key is to do your homework Published by Claude Harding on 23 September 2010 Africa is not an easy place in which to do business. However, significant groundwork by those looking to invest in the continent can assist with avoiding the various pitfalls that may lie ahead.
Safaricom continues to look at ways to defend market share Published by Imara Africa Securities team on 22 September 2010 As the price wars in the Kenyan mobile sector intensify, Safaricom last week slashed the cost of SMS’s by as much as 94%.
African air travel expected to grow steadily over next 20 years Published by Claude Harding on 22 September 2010 Boeing forecasts that carriers in Africa will experience steady growth over the next 20 years as air travel on the continent continues to grow with the economy.
Banking sector uncertainty continues to plague Nigeria Published by Imara Africa Securities team on 21 September 2010 The major driver of Nigeria’s stock exchange, the banking sector, has continued to wallow in the doldrums, steadily heading lower and lower.
How to acquire land for agriculture in Uganda Published by Staff Writer on 20 September 2010 Question: I’m thinking of establishing a large-scale organic agriculture project in Uganda. What is the process involved in acquiring land for this? Submitted by D.K. Ross, United Kingdom
Executive remuneration: Issues to consider when placing people in Africa Published by Claude Harding on 19 September 2010 “There are a variety of issues organisations need to consider when placing senior people in African countries, particularly in terms of executive remuneration and the structuring thereof.”
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.
Second-hand clothing hurting Kenya’s textile industry Published by Cathy Majtenyi on 16 September 2010 The sale of second-hand clothing is widespread in Kenya. But while it may benefit the pocketbooks of many people, critics say it harms the country’s domestic textile industry.