Africa Brief: Business News from around the continent

Automotive Manufacturing Plants prepare to expand in Africa While the South African automotive market looks like it’s in trouble due to high labour costs and a volatile energy sector, to the north of the continent things look better. In Nigeria, almost a dozen new manufacturing plants prepare to launch by the end of the year, […]

Read full story Comments { 0 }

Power [electricity] in Africa: current state of Africa’s Power sector

Africa’s largest economies produce significantly more energy than other African peers. Also, the oil-producing nations record substantial energy surpluses, but similar to other African countries with energy surpluses, a substantial amount of energy is exported without domestic demand being widely satisfied. Rising fuel and electricity prices also continue to impact Africa’s manufacturing sector adversely. In […]

Read full story Comments { 0 }
Strengthening Access to Finance for Micro, Small and Medium Enterprises (MSMEs) in Nigeria

Pricing: Defining the Right Strategy

During the economic downturn, companies competed for market share and volume, which meant frequent price promotions and markdowns. While many markets have since recovered from the recession, corporations still find themselves stuck in a cycle of recession-driven discounting. Robert Browne, Partner, Strategy Group at KPMG in the UK, says that companies need to now rethink […]

Read full story Comments { 0 }

Global healthcare: same diagnosis, similar remedies

A global view of what works in Healthcare that can also be adapted in Africa It is becoming increasingly evident that healthcare systems around the developed world are facing many similar challenges – higher quality for less cost. Although healthcare is primarily organized within national geographies, the market trends are truly global. Changing demographic profiles, […]

Read full story Comments { 0 }
LNG industry venturing into new territory

Market Update: Oil & Gas – March 2015

Oil benchmarks remained volatile in February and early March as competing market fundamentals continued to drive fluctuating price movements. New York Mercantile Exchange (NYMEX) West Texas Intermediate (WTI) futures increased through mid-February, rising to 54.24 US dollars (US$) per barrel (b), followed by a 14 percent slump to US$46.67/b by the end of the month. […]

Read full story Comments { 0 }

Africa Brief: Business News from around the continent

Ecobank eyes new CEO and Nedbank tie-up Pan-African bank Ecobank is expected to appoint a new group CEO within the next three months as Albert Essien reaches the mandatory retire­ment age. A new group CEO is expected to give direction on how the banking group is to address issues such as high costs. The bank’s […]

Read full story Comments { 0 }
Rwandan Bond and stocks

Economic Growth in Africa: The Past, Present and Future

Africa’s economic growth and performance has improved greatly since the turn of the century, leading to notable gains in GDP per capita and lower levels of poverty. During 2000-2012, the Sub-Saharan Africa’s economy grew at an average rate of 5.5% p.a. in real terms, compared to 2.54% p.a. during the previous 13-year period. This meant […]

Read full story Comments { 0 }

Education in Africa: How do we get it right?

It is no news that education in Africa faces several obstacles; there are scarcity of schools and teachers, basic supplies are not met and the aspect of hunger which makes it very difficult for pupils to learn. From Lagos to Johannesburg and throughout Sub-Saharan Africa, what is wrong with the state of education in Africa? […]

Read full story Comments { 0 }

Economic Snapshot: Focus on Ghana (Q4, 2014)

Inflation – According to the Ghana Statistical Service (GSS), inflation remained stable in December, effectively bringing an end to a 15-month streak of consecutive higher readings. More specifically, the headline figure remained stable at 17% y-o-y in December, with an increase in food inflation offset by a decline in non-food inflation. Although inflation is expected […]

Read full story Comments { 0 }
Famous Brands, the owner of brands such as Debonairs and Steers, has ambitious expansion plans for oil-rich African countries such as Nigeria, Ghana and Angola.

Africa Brief: Business News from around Africa

Joint move on Adcock underlines shift at PIC THE Public Investment Corpo­ration (PIC) and Bidvest Group yesterday said they were looking at a tie-up to give them joint con­trol of Adcock Ingram, under-lining a strategic shift in the PIC’s approach to investment. If the deal goes through, Bid-vest will manage the ailing pharmaceuticals firm although […]

Read full story Comments { 0 }
Key findings from the 2014 Africa CFO Survey

Exchange Rates & its role in Ensuring a Stable Macro-Economy: A Focus on East Africa

By Elvis Ongeti Different countries have different currencies. There exists a need to purchase goods and services across borders especially with the vast extent of international trade in the twenty first century. The world has indeed become flat. Exchange of currencies is hence important in achieving goals of international trade. Most foreign firms bill their […]

Read full story Comments { 0 }

John Veihmeyer, Global Chairman of KPMG speaks on business prospects in Africa

Global Chairman, John Veihmeyer, speaks to CNN’s Marketplace Africa about the firm’s expanding presence in the continent and the opportunities, including tax, M&A and business transformation, highlighting the strength of KPMG’s Africa Practice, such as its entrepreneurial spirit and local expertize. John also discusses the challenges facing some countries, highlighting geopolitical risk and health issues. […]

Read full story Comments { 0 }