Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region.
19 Jun 2013 11:34
[Mark Allix] BSI Steel's headline earnings per share plummeted 51% in the year ended March 31 amid declining steel consumption in the South African market.
18 Jun 2013 07:14
[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
Expansion into Africa by the world's biggest law firms gathered steam on Monday (3 June) with the official tie-up between Norton Rose and Fulbright & Jaworski to form Norton Rose Fulbright.
4 Jun 2013 10:12
TOKYO, JAPAN: Japan has pledged at least US$10bn in aid to Africa for the next five years as Tokyo prepares to host a major development conference for the resource-rich continent.
3 Jun 2013 10:26
[Zeenat Moorad] Following its acquisition of a stake in Zam Chick from Zambian agricultural producer Zambeef‚ Rainbow Chicken on Thursday (30 May) said it had reached an agreement with Zambeef to establish a joint hatchery operation for the supply of day-old chicks.
31 May 2013 09:07
[Mark Allix] Rapid growth in the rest of Africa's markets led Nampak's results for the six months to March as the company reported an increase in trading profits of 39% and margins in Africa, excluding SA‚ rose to 15.9%.
30 May 2013 09:30
[Mariam Isa] Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May).
28 May 2013 10:31
[Zeenat Moorad] Prospering from emerging markets such as Africa‚ SABMiller on Thursday (23 May) reported a 10% increase in group revenue to US$34.5bn for the year to March.
24 May 2013 07:51
[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
[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
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
[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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