Subscribe to industry newsletters

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

#Davos17: Closing Africa's infrastructure gap

CNBC Africa hosted a Building Africa debate as part of its coverage of the 2017 World Economic Forum currently under way in Davos, Switzerland...

19 Jan 2017

Rwanda partners with Better Than Cash Alliance

Rwanda's commitment to using information and communications technology (ICT) for financial services was made as it officially joined the Better Than Cash Alliance, an initiative that works with governments, the development community, and the private sector to adopt the use of electronic payments.

3 Nov 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

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

PPC looks to seal big Africa deals

PPC's chief executive, Ketso Gordhan says the group is looking at concluding one or two big deals in Africa in a bid to double earnings by 2018.

By Nick Hedley 25 Feb 2014

Distell Group's earnings up 21% to 503c

Liquor group Distell has reported a 21% rise in diluted headline earnings per share from 415.8c a year ago to 503.0c for the six months to December .

24 Feb 2014

PPC prepares to enter Algerian cement market

PPC said on Monday (10 February) advanced plans are in place to enter the Algerian cement market‚ through a partnership with Algerian private sector investors‚ in Hodna Cement.

11 Feb 2014

Altech to sell its non-core stake in Liquid for US$55m

Allied Electronics Corporation's (Altron) subsidiary‚ Altech‚ is to dispose of its 8.6% stake in Liquid Telecommunications Holdings‚ the company said.

16 Jan 2014

East Africa seeks to establish a monetary union

Five east African countries have signed a protocol to establish a monetary union, in a first step towards creating a single, common currency.

2 Dec 2013

Fast-track fund for food security

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

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

Crunch time for fruit exports

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

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

Countries are barriers to infrastructure projects

The biggest barrier to implementing regional infrastructure projects in Africa are the countries themselves, the Infrastructure Africa conference heard in Sandton on Tuesday (16 July).

18 Jul 2013

Vodacom's quarterly revenue of R17,5bn

Mobile services group Vodacom on Thursday (18 July) reported a 3% rise in group revenue to R17.5bn for the June quarter.

18 Jul 2013

EY Africa eager to spend US$40m

Professional services firm EY Africa says it has about US$40m to spend on acquisitions in SA, Angola and Nigeria and is also looking to increase its investments in skills development.

By Phakamisa Ndzamela 16 Jul 2013

R4.2bn titanium dioxide plant on the cards

Nyanza Light Metals, a company jointly owned by Arkein International and Evraz Highveld Steel and Vanadium, said it would build a R4.2bn titanium dioxide pigment production plant in SA, following a favourable prefeasibility study.

By Alistair Anderson 9 Jul 2013

Africa to fund rapid response forces

Africa will not rely on funds from former colonial powers to support the establishment of an interim rapid reaction force to respond to coups on the continent, President Jacob Zuma said on Wednesday (19 June).

20 Jun 2013

Show more