London- and JSE-listed insurer Old Mutual grew the number of customers in its operations in the rest of Africa by 590,000 in 2013 as it continues to focus on emerging markets to achieve growth.
By Gillian Jones 3 Mar 2014 07:10
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 08:40
Edcon will start retrench staff at its core Edgars chain in May‚ in a bid to reduce operating costs.
By Zeenat Moorad 19 Feb 2014 09:23
Grindrod‚ a JSE-listed freight and logistics service provider‚ through its wholly owned subsidiary Grindrod Mauritius‚ will work with Zambia's Northwest Rail Company to build‚ operate and maintain a new 590km Cape gauge railway from Chingola in the Zambian copperbelt to the Angolan border.
By Mark Allix 5 Feb 2014 07:37
US hotel giant Marriott announced it had finalised a deal to buy the Protea group, Africa's largest hotel chain, for US$186m.
23 Jan 2014 10:24
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 07:53
Zimbabwe is planning a second auction of its Marange diamonds next February‚ buoyed by the interest in and sale of more than 279‚000 carats of diamonds in Antwerp‚ Belgium. The sale raked in US$10.7m.
By Ray Ndlovu 24 Dec 2013 08:49
HARARE, ZIMBABWE: Angry depositors forced their way into a banking hall and attacked a manager in the Zimbabwean capital after the bank ran out of cash, witnesses said.
18 Dec 2013 08:54
Sanlam and short-term insurer Santam will work together in emerging markets as the group expands into the rest of Africa‚ and South-east Asia.
By Gillian Jones 13 Dec 2013 09:59
Hyprop Investments will buy 87% of the issued shares of African Land Investments for R768m. African Land owns the Manda Hill shopping centre in Lusaka, Zambia.
29 Nov 2013 06:33
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
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