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IMF calls for Mozambique to come clean on debts

MAPUTO - Mozambique must fill in "critical information gaps" over $2bn of secret government loans, the International Monetary Fund said...

21 Jul 2017

Rights offer pays off for Mara Delta

Mara Delta, the only pan-African property fund listed on the JSE, is set to be worth close to R8bn following a well-supported rights offer, according to CEO Bronwyn Corbett...

30 Jun 2017

Tabech wins Seedstars Mozambique round

Mobile insurance startup Tabech has been selected as the winner of the Mozambique round of Seedstars World for its Móvelcare product. It was also announced that the annual Seedstars Africa Regional Summit will take place in Mozambique...

22 Jun 2017

Three South African startups advance to Seedstars national finals

Seedstars has selected three startups to advance to the Seedstars South Africa grand final. In addition, the 12 startups to pitch at Seedstars Mozambique have been announced...

13 Jun 2017

Africa's quest for a cashless economy gains momentum

Insufficient financial inclusion, unbanked masses and financial literacy are increasingly attracting investors...

By Kingsley Ighobor 7 Jun 2017

#AfricaMonth: Internal trade barriers show signs of falling

While the road ahead may still present significant challenges, some of Africa's most long-standing internal trade barriers are beginning to show signs of falling. We interview David Williams, Maersk Line Africa chief executive and global head of Safmarine to find out more...

By Ilse van den Berg 30 May 2017

Santam introduces seamless insurance solution to Mozambique

Santam Specialist Business has launched a seamless insurance solution which offers comprehensive risk protection for mega-projects across Africa...

16 Oct 2015

African ICT Infrastructure Fund closes at $200 million

Convergence Partners announced the successful close of its Convergence Partners Communication Infrastructure Fund (CPCIF), with capital of over $200 million, making it one of the largest funds dedicated solely to ICT infrastructure in Africa...

29 Jul 2015

Taxation of capital gains earned in Mozambique by non-residents

In this article we briefly discuss the taxation of capital gains earned in Mozambique by non-resident taxpayers, with specific focus on the petroleum and mining sectors and the legislation regulating these sectors...

By Tânia Santhim 16 Apr 2015

Delta International expands Mauritius Stock Exchange listings

Delta International, the first Africa-dedicated property fund listed on the JSE's AltX bourse, has been given permission to list up to 29-million additional ordinary shares on the Stock Exchange of Mauritius (SEM) as it looks to continue its growth across Morocco and Mozambique...

By Alistair Anderson 9 Apr 2015

UK-based Tradehold growing foothold in Africa

UK-based property and financial services group Tradehold said on Monday that work had started on its R480-million regional shopping centre, located in the harbour town of Walvis Bay, Namibia...

24 Mar 2015

Could Africa become like China?

Africa's changing demographic over the next three-and-a-half decades could transform the continent into the next China, but only if its youthful population is educated and entrepreneurial.

By Jana Marais 19 Aug 2014

Sun International sells some African assets

Sun International says it will sell a portion of its interests in its African assets to a foreign subsidiary of Thailand-listed Minor International Public Co (Mint) for R664m.

19 Aug 2014

Postive results likely from US-Africa summit says Davies

South Africa and Africa in general benefitted immensely from the recent US-Africa Leaders' Summit held in Washington last week, Trade and Industry Minister Rob Davies said on his return.

13 Aug 2014

AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

Renewable energy needs guarantees for investors

The slow pace with which renewable energy projects have been rolled out across Africa may prove to be an advantage in a few years.

By Charlotte Mathews 21 Jul 2014

SA Taxi's cash pile opens new frontiers

South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.

12 Jun 2014

Transnet wants to 'industrialise railways'

Small- and medium-sized engineering companies must create niche markets for themselves to supply Transnet with parts for the locomotives that the freight logistics company envisages building within the next two to three decades.

By Amanda Visser 9 Jun 2014

Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014

Santova seeks to expand trade corridors

Supply chain management specialist Santova‚ could look to push into busy African markets in the financial year ahead.

By Marc Hasenfuss 5 Jun 2014

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