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Famous Brands half-year earnings up 20% to 180c

Fast food group Famous Brands reported a 20% increase in headline earnings per share to 180c for the six months to August.

29 Oct 2013 10:34

Truworths slows drive into Africa

Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.

By Zeenat Moorad 30 Sep 2013 11:38

Quick meals for Africa

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.

By Zeenat Moorad 16 Sep 2013 09:21

Thales keeps an eye on safety

To paraphrase from the iconic Star Trek, Africa is the "next (as opposed to the final) business frontier". And judging from exceptional recent economic growth, wealth in natural resources and sheer international business interest on the continent, it seems no-one has trouble believing this.

19 Aug 2013 11:46

Africa must implement open skies policy

Improving safety‚ cutting fuel taxes and liberalising regulation to allow for greater connectivity between African countries are some of the key issues that must be tackled to boost aviation on the continent‚ International Air Transport Association's chief executive Tony Tyler said on Tuesday, (4 June)

By Nicky Smith 5 Jun 2013 10:54

Japan offers US$10bn to Africa

TOKYO, JAPAN: Japan has pledged at least US$10bn in aid to Africa for the next five years as Tokyo prepares to host a major development conference for the resource-rich continent.

3 Jun 2013 10:26

Africa must make better use of resources

Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May).

By Mariam Isa 28 May 2013 10:31

Wind power to change Africa

Private investors smell profit in beefing-up the continent's over-stretched power grids and swarms of new wind turbines are soon expected to start going up.

28 May 2013 10:49

Beer sales keep SABMiller's profits flowing

Prospering from emerging markets such as Africa‚ SABMiller on Thursday (23 May) reported a 10% increase in group revenue to US$34.5bn for the year to March.

By Zeenat Moorad 24 May 2013 07:51

IMF forecasts "solid growth" for Africa

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 09:47

Van Zyl to head Toyota's Africa drive

A global management shakeup at Toyota Motor Corporation has hit African shores, with local Toyota chief Johan van Zyl called in to head the new position of chief executive of Toyota's operations across Africa

9 Apr 2013 10:56

KFC plans to add even more stores in Africa

YUM! Restaurants International continues to expand the footprint of its KFC brand on the African continent, with plans to add stores in Tanzania, Uganda and Zimbabwe this year, the company said on Monday (14 January).

By Zeenat Moorad 16 Jan 2013 09:19

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