Japan offers US$10bn to Africa

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

Rainbow looking for Zambia's pot of gold

[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

Africa must make better use of resources

[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

Agriculture offers real growth potential

[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

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

Africa needs economic integration

[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

Rainbow Chicken raises R3,9bn

[Zeenat Moorad] Rainbow Chicken successfully raised R3.9bn through a rights issue‚ the company said on Monday, 4 March 2013. 5 Mar 2013 06:44

Rainbow Chicken buys stake in Zam Chick

[Zeenat Moorad] Rainbow Chicken will buy a 49% stake in Zambian chicken producer, Zam Chick - owned by Zambeef - for US$14.25m‚ the company said on Monday (4 February). 5 Feb 2013 06:50

UCT hopes its study will foster employment

The University of Cape Town (UCT) has launched a three-year, pan-African study on how to foster youth entrepreneurship in order to tackle the scourge of youth unemployment on the continent. 4 Feb 2013 08:46

Rainbow Chicken tickles investors' taste buds

A new-look Rainbow Chicken is taking shape amid enthusiasm from investors who have boosted its share price by a third since November. Driving the change is Rainbow's R1bn acquisition of Foodcorp and a R3,9bn rights issue, setting the scene for more positive developments. 4 Feb 2013 08:12

Regional plan to boost copper exports

[Nicky Smith and Mark Allix] Transnet Freight Rail hopes to finalise an agreement next month on rail co-operation between South Africa‚ Zambia‚ Zimbabwe and the Democratic Republic of Congo‚ allowing the copper-rich countries to increase exports through Durban. 14 Jan 2013 11:32