Hilton Worldwide has expanded its product offering in SA over the past six months and the US-based group intends to increase its presence in Africa‚ according to vice-president of operations for Africa and the Indian Ocean‚ Jan van der Putten.
16 May 2013 08:38
[Edward West] Cargo Carriers (CRG) raised its dividend 76.5% for the year to February after its logistics and transport related operations performed well in an operating environment of low economic growth and industrial relations interruptions.
16 May 2013 08:07
The South African Tourism Indaba should expand its platform by attracting even more exhibitors and buyers from the African continent, Tourism Minister Marthinus Van Schalkwyk said on Sunday (12 May).
14 May 2013 11:56
[Paul Vecchiatto] African governments should own at least a 50% of any new mining venture in order to ensure that the country gets more of the revenue from mining projects.
13 May 2013 14:21
Mobile phone operator MTN has increased its subscriber numbers by 3.2% in the first quarter 2013 and now has 195.4m users of its service in 22 countries across Africa and the Middle East.
26 Apr 2013 07:25
In line with its growth strategy‚ Tsogo Sun has announced an investment of US$100m to be used to expand the group's hotel network in Africa.
25 Apr 2013 08:02
Pick n Pay has reported a 21.7% drop in diluted headline earnings per share to 109.61c despite a 7.1% rise in turnover to R59.3bn. Dividends fell by 35.8% to just 84 cents a share.
24 Apr 2013 06:48
[Helmo Preuss] Although structural impediments such as poor logistics render the search for new avenues of deeper intra-African trade challenging‚ there is an immediate and compelling growth potential in the trade of agricultural products‚ Standard Bank research analyst Simon Freemantle said last week.
22 Apr 2013 13:24
[Bekezela Phakathi] Government policies towards aviation in Africa tend to see it as an "elite" product‚ rather than as a critical component of the continent's economic infrastructure.
22 Apr 2013 07:51
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
A global management shakeup at Toyota Motor Corporation has hit African shores, with local Toyota chief Johan van Zyl called in to head the new position of chief executive of Toyota's operations across Africa
9 Apr 2013 10:56
[Mariam Isa] African countries must integrate their economies in order to support a new wave of industrial development across the continent‚ Department of Trade and Industry Minister Rob Davies said Tuesday (26 March).
27 Mar 2013 09:40
[Thabiso Mochiko] The growth of mobile money will continue at a rapid rate this year‚ global mobile industry body GSMA said in a recently released report entitled
The Economy of Mobile 2013.
20 Mar 2013 07:09
[Phakamisa Ndzamela] Global legal practice Norton Rose has advised South African insurers expanding into other African countries to look beyond the sector-specific regulatory requirements in the jurisdictions they are entering as failure to do so could undermine their investments.
20 Mar 2013 09:25
[Schalk Mouton] Although Africa made huge strides in increasing human development in the past decade, gains could - with hundreds of millions of people being pushed into extreme poverty - easily be reversed should "significant progress" not be made in halting global warming.
20 Mar 2013 10:37
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