Thebe Tourism Group signs shareholder agreement

The South African tourism group, Thebe Tourism Group have announced the signing of a shareholders' agreement between its subsidiary FX Africa and global foreign exchange providers Travelex. FX Africa has operated a Travelex Retail Foreign Exchange Travelex franchise in Southern Africa for over four years. 6 Dec 2011 11:52

Southern Sun opens StayEasy Lusaka

Southern Sun Hotels has announced the latest addition to its hotels in Africa, the StayEasy Lusaka. The new StayEasy Lusaka hotel caters for the business traveller who value expediency and convenience and is centrally located in the newly developed, Levy Business Park in Lusaka. 30 Nov 2011 12:27

Consumer Confidence Survey: Economy again top global concern

NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy. 9 Nov 2011 09:36

TransUnion expands into Africa

[Gregory Gondwe: @Kalipochi] TransUnion, a global credit and information management organisation, has acquired majority shareholding in CRB Holdings Limited, signifying its bold expansion steps into Africa. 28 Oct 2011 11:19

Fresh Living now available in Mauritius

Fresh Living, the food magazine on South African shelves, continues to expand on its African footprint as it goes on sale this month in Mauritius. 10 Oct 2011 11:27

Brand Africa Forum to present first Brand Africa 100 awards

Pan-African consumers can now vote for their most admired and valued brands in the inaugural Brand Africa 100 Awards, which coincides with the second annual Brand Africa Forum. The continent's most valued brands will be revealed at an awards ceremony on Thursday, 29 September 2011 at Sandton Convention Centre, Johannesburg, South Africa . 15 Sep 2011 14:25

Cutting Edge PR get appointed by FNB Zambia

FNB Zambia announced yesterday, 6 September 2011, that it will again partner with Cutting Edge PR to handle its communication affairs in Zambia. The agency will guide and assist FNB in all its local strategic communications issues, internally and externally and will include media relations management on behalf of FNB in the country. 7 Sep 2011 11:32

Milk for Schools pilot programme launches in Zambia

Tetra Pak has partnered with Parmalat Zambia, the World Food Programme (WFP), the Zambian Ministry of Livestock and Fisheries Development and the Swedish International Cooperation Development Agency (Sida) to bring milk to 15 000 school children in 39 schools in Zambia's Eastern Province in a bid to stem malnourishment and poor school attendance. 23 Aug 2011 12:46

Davies maps route for free trade area

CAPE TOWN: The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, trade and industry minister Rob Davies said on Monday, 13 June 2011. 14 Jun 2011 12:00

[Netprophet 2011] African ecommerce market has a long way to go

[Herman Manson: @marklives] A billion Africans and 50 million bank accounts. In South Africa, credit cards are used by only 16.5% of the population (2008). No African country comes close to 1% of total retail spend spent online - the magic figure which constitutes the tipping point for digital retail growth. No wonder, then, that the ecommerce market in Africa hasn't bloomed. 12 May 2011 18:55

Out of the fire, into the frying pan for Shoprite

[Zeenat Moorad] SA's biggest grocer, Shoprite, told I-Net Bridge/BusinessLIVE on Tuesday (29 March 2011) that as far as it was aware there was never a formal investigation by Zambian competition authorities regarding allegations that it was threatening to delist its suppliers who entered into agreements with Pick n Pay. 31 Mar 2011 09:27

Fitch awards Zambia B+

LUSAKA: Internationally-recognised credit ratings agency Fitch has assigned Zambia a B+ sovereign rating in recognition of the economic strides the country has taken under President Rupiah Banda. Zambia received the fourth-highest non-investment grade rating supported by a "stable" outlook from Fitch. 4 Mar 2011 10:01

Unemployment, inflation worries hit consumer confidence

NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers. 27 Jan 2011 11:00

Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index. 27 Oct 2010 06:22