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Africa is generally less competitive than its main Developing and Transition Economy competitors Africa needs […]
Global Talent Competitiveness Index (GTCI) 2017 Talent competitiveness measures a country’s capability to compete for […]
Increasingly over the past decade, and now with the adoption of the UN’s Sustainable Development […]
The vastness of Africa’s potential has been evident for centuries. Blessed with ample resources, rapidly […]
Automotive Manufacturing Plants prepare to expand in Africa While the South African automotive market looks […]
Joint move on Adcock underlines shift at PIC THE Public Investment Corporation (PIC) and Bidvest […]
Global Chairman, John Veihmeyer, speaks to CNN’s Marketplace Africa about the firm’s expanding presence in […]
The biggest issue facing business today is how to grow in a low growth economy. This is the challenge facing the G20 leaders when they meet in Brisbane later this week. Against that backdrop, corruption has a staggering impact on economic growth. At $3 trillion or around 5 percent of global GDP, if corruption were an industry, it would be the world’s third largest.
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. The Economist Intelligence Unit predicts that by 2030, Africa’s top 18 cities could have a combined spending power of $1.3-trillion.
Standard Bank-owned asset manager Stanlib has set up operations in Ghana through the acquisition of the Stanbic Investment Management Services division. It is also pursuing an asset management acquisition in Nigeria, which it hopes to close in the first half of 2015.
South African banks and construction companies have been expanding activities in the rest of Africa, where energy is one of the fastest-growing sectors. The $900m of debt and equity project finance for the Kpone Independent Power Plant and associated infrastructure in Ghana was closed by financiers and industrialists, including several South African banks.
The return of Pizza Hut has a lot of potential to grow says analysts. It has just opened a store in honeydew and is planning on expanding to Boksburg, Midrand and Soweto. Many analysts say that by increasing the competition pizza companies won’t do as well anymore however they are all positive about growth says one analyst so they still will see returns.
Zimbabwe’s efforts to revive the economy using proceeds from the tourism industry has failed as tourist arrivals stagnated in the first half of the year, with arrivals only increasing by 1 percent compared with the prior year. This growth was supported by the increase in arrivals from Europe, Germany and the UK.
Western Union launched Nigeria’s first outbound remittance payment service, which is expected to boost business growth in the country.
Exports of South African produced vehicles into Africa is declining due to import levies by some countries on the continent.
A meeting of Nigeria-South Africa Chambers of Commerce to be hosted in Lagos will discuss Africa’s competitiveness and ways of boosting intra-African trade
Mobile technology which allows clients to send cash with their telephones, has transformed business In East Africa and is now spreading to Europe.
Delta International Property Holdings, the first JSE listed property fund offering investors direct access to high growth markets in Africa, is targeting properties in Ghana and Nigeria, with an acquisition pipeline of $200m having been identified.
Negotiators for southern African states had agreed a new trade pact with the EU that would give the countries a bigger market for food exports, South Africa’s Trade and Industry Department said on Friday.
French beverage giant Castel, which bottled its first batch of Ethiopian wine this year, is helping change the way outsiders view the country.
Africa Brief: Mwana Africa mulls restarting diamond mine, Farming output key to African progress and more…
Mwana Africa was studying the viability of restarting underground operations at the Klip-springer diamond mine in South Africa as it broadened its resource portfolio and expanded its gold and nickel operations in Zimbabwe, the company said yesterday.
Cameroon has cut some of its costly fuel subsidies, a move that will please international donors calling for reforms, although similar moves have been reversed in the past due to the threat of protests against subsequent price rises.