Wal-Mart applies to operate in Zambia Published by Staff Writer on 17 January 2011 US-based retailer Wal-Mart Stores has applied to Zambia’s Competition and Consumer Protection Commission to buy Massmart Holdings’s operation in the southern African country, Bloomberg reported.
Dangote Group president outlines reasons for its investment in Zambia Published by Staff Writer on 17 January 2011 Zambia’s high level of urbanisation as well as the government’s efforts to reduce dependence on copper, has motivated Nigeria’s Dangote Group to build a cement factory in the country.
Vodacom says it may sell DRC unit Published by Claude Harding on 15 January 2011 South African mobile operator Vodacom Group may consider selling its Democratic Republic of Congo (DRC) business, Bloomberg reported today.
Should South Africa be a BRIC country? Published by Claude Harding on 15 January 2011 Jim O’Neill, chairman of Goldman Sachs Asset Management, says it is not entirely obvious to him why the other BRIC nations should have agreed to the inclusion of South Africa in the grouping.
UAC and Tiger Brands conclude joint venture deal Published by Staff Writer on 15 January 2011 UAC of Nigeria (UACN), a Nigerian diversified company, and Tiger Brands, a South African fast-moving consumer goods firm, have concluded a deal to form a strategic partnership.
Toshiba targeting African market with new manufacturing plant in Egypt Published by Claude Harding on 14 January 2011 Japanese electronics group Toshiba Corporation is aggressively targeting the African market with its range of TV models.
Nigeria: Goodluck Jonathan wins PDP’s presidential primaries Published by Staff Writer on 14 January 2011 Nigerian President Goodluck Jonathan early this morning defeated his closest rival and former vice president Atiku Abubakar to emerge as the Peoples Democratic Party (PDP) presidential candidate for the April elections.
Airlines benefiting from high demand for flights to southern Sudan Published by Claude Harding on 14 January 2011 Business Daily yesterday reported that Kenya’s airlines are benefiting from more traffic to southern Sudan as the country’s week-long referendum drives demand.
Norwegian fertiliser firm betting on growth in Tanzania’s agriculture sector Published by Claude Harding on 13 January 2011 Norwegian-based global fertiliser company Yara International has announced a US$20 million investment into a new fertiliser terminal at the port in Dar es Salaam, Tanzania.
Airtel to launch 3G services in Kenya Published by Staff Writer on 13 January 2011 Bharti Airtel will start offering third-generation telecommunication services in Kenya by the end of March, Bloomberg reports.
South Africa’s most affordable cities for home buyers Published by Staff Writer on 13 January 2011 Johannesburg and Port Elizabeth are the most affordable cities for home buyers in South Africa, Fin24 today reported, citing a property group.
Political crisis getting worse in Ivory Coast Published by Staff Writer on 13 January 2011 Ivory Coast’s commercial capital Abidjan has seen a second day of clashes between supporters of President-elect Alassane Ouattara and security forces loyal to rival President Laurent Gbagbo.
Tanzania’s broadband backbone to be completed by end of year Published by Staff Writer on 13 January 2011 Construction of Tanzania’s broadband backbone is expected to be completed by the end of the year.
Mozambique set to continue showing solid GDP growth Published by Imara Africa Securities team on 12 January 2011 While its stock exchange has not developed at a rate one would have like, Mozambique’s overall economy has continued to show strong growth.
