Hotel investment in Africa made progressive strides, new hotels launched in cities across the continent, and new opportunities and challenges presented itself in 2016 amid economic and political events...
18 Apr 2017
The Nnamdi Azikiwe International Airport, Abuja, has formally reopened for operations after six weeks of closure with an Ethiopian Airlines Airbus A350-900, the first plane to land at the repaired runway....
19 Apr 2017
Quantum Global's Hotel Fund Acquires Mövenpick Ambassador Hotel Accra…
12 Jan 2017
Currently MH has a portfolio of 27 properties in operation in seven countries in Southern and East Africa, with a further pipeline of two new resorts under development in North Africa...
1 Sep 2016
Huge advances in mobile technology and the proliferation of smartphone apps have made travel easier, but choosing the right app for your next trip...
24 Jun 2016
In SA, Famous Brands produces 265,000 cups of specially blended coffee a day. With 2,175 restaurants, the company, whose brands include Wimpy, Steers and Mugg & Bean, also makes 77m ice-cream cones a year. It's the big daddy of SA franchising, with a R9,7bn market capitalisation, and it wants to repeat its local success in the rest of Africa.
Zeenat Moorad 16 Sep 2013
Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region.
19 Jun 2013
Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April).
17 Apr 2013
Franchise restaurant group Spur Corporation last week reported diluted headline earnings per share of 89.91c for the six months ended December‚ up 35.3% from the previous period.
11 Mar 2013