Many African countries are farming countries, where agriculture is both a major component of gross domestic product growth as well as local employment and food supply.
By Shaun Harris 26 Nov 2013 07:03
Barloworld is targeting six sectors to boost the growth of its business and is busy positioning itself "o expand into west and east Africa‚ according to company chief executive Clive Thomson.
By Nick Hedley 20 Nov 2013 06:54
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
Spur Corporation‚ whose brands include‚ Panarottis‚ John Dory's and Captain DoRegos will open new outlets in Swaziland‚ Nigeria‚ Tanzania‚ Namibia and the Seychelles next year.
By Zeenat Moorad 15 Oct 2013 07:04
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
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
After 23 years in SA's R6bn fruit industry, many of them as managing director of Tru-Cape Fruit Marketing - SA's biggest producer of apples and pears - Charles Hughes is retiring without having fulfilled his ambition of gaining access to China's vast market. He blames it on the SA government.
16 Sep 2013 08:59
Metrofile Holdings is a large company specialising in both physical and digital information and records management in SA, Mozambique and Nigeria. Also, through its CSX Customer Services brand it has contracts in numerous other African countries.
16 Sep 2013 10:38
Massmart's chief executive Grant Pattison has long cautioned against expecting short-term wonders from the SA retailer's acquisition by Walmart. The reality of his warning kicked in with a vengeance in June, sending Massmart's share price diving by a third.
2 Sep 2013 10:24
LAGOS: The European Union said on Wednesday (28 August) that it was increasing security efforts in the Gulf of Guinea, the West African maritime region that has become a global piracy hotspot.
30 Aug 2013 09:07
Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.
By Zeenat Moorad 26 Aug 2013 07:54
Walmart-owned Massmart on Thursday (22 August) reported a 9.9% fall in first-half profits‚ as consumers in Africa's largest economy came under pressure.
By Zeenat Moorad 22 Aug 2013 10:25
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
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