Yum growth needs to be Streetwise too

[Nick Hedley] YUM Restaurants International is establishing a steady platform for its KFC brand on the African continent from which it intends to grow "exponentially" in the future, according to Bruce Layzell, the group's general manager of new African markets. 10 Jun 2013 08:34

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

Spurred by 35.3% earnings growth

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 06:59

Nampak optimistic over Africa growth

Packaging conglomerate Nampak's share price has stuck fairly close to its 12-month high in spite of increasing evidence of tempered consumer demand for fast-moving consumer goods. 25 Feb 2013 10:12

[2013 trends] Africa poised for a great future

[Nandkishor Buty] As 2013 commences, afro-pessimism seems to cede to afro-optimism. There is a global consensus: Africa is poised for a great future. What will be the impact of Africa's growth on our industry? What will be the major trends of the year? In the business world, predicting the future is a crucial exercise. 30 Jan 2013 12:39

SABMiller taking Chibuku beer to rest of Africa

[Billy Tawanda Karombo] SABMiller has taken its traditional African beer brand‚ Chibuku - which is manufactured using either maize or sorghum - into ten other continental countries‚ a move the company says is motivated by its "affordability" and "product innovation" strategies. 11 Oct 2012 10:35

GM restructures African business, seeking growth

[Michael Bratt] General Motors (GM) has announced a new strategy for African business, which it hopes will allow GM to capitalise on the growing opportunities around the continent. 23 Nov 2010 12:36

Travelstart opens in Tanzania

South African company Travelstart has opened an operation in Tanzania to take advantage of Tanzania's emerging online capability, together with its increasing popularity as a destination. 23 Nov 2010 09:30

Mr Price takes aim at Nigerian market

[Michael Bleby] Retailer Mr Price is eying Nigeria, a market it says could host up to 100 stores, if it could only end its ban on the import of clothing. 22 Nov 2010 11:00

Game still in the pink of health

Game Stores has come a long way since it opened its first store in Durban in 1970 in cramped premises in the city's CBD, ringing up sales of R78 000 in its first month of trading. Its founders believed that shopping had become a tedious and boring pastime. They wanted to create a fun shopping environment and so conceptualised retailing as a game. The signature bright pink prevails to this day. 19 Jul 2010 08:43

SABMiller settles dispute with East African Breweries

Global brewing giant SABMiller said on Thursday, 25 February 2010, that group companies SABMiller Africa BV and Tanzania Breweries Limited (TBL) have agreed an amicable settlement of their dispute with East African Breweries Limited (EABL), a member of the Diageo plc group, relating to the Tanzanian beer market. 25 Feb 2010 21:11

To be the toast of Tanzania

Alcohol producer and distributor Distell is spearheading a viticultural initiative in Tanzania expected to enable wine farmers in the Dodoma highlands to double their crops within three to five years — and may yet be developing a feasible model for rolling out vineyard productions across sub-Saharan Africa. 18 Aug 2009 13:41