Beer sales keep SABMiller's profits flowing

[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

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

Van Zyl to head Toyota's Africa drive

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

BlackBerry wants SA app developers

BlackBerry is investigating opportunities to support local mobile software applications (apps) developers in Africa, in a bid to attract more customers and claw back market share, the local company claims. 2 Apr 2013 07:23

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

Africa's growth driven by SA

[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

Bigger is better says motor industry

Growing affluence in emerging markets is good news for manufacturers of gas-guzzling vehicles. 11 Mar 2013 07:32

Spurred by 35.3% earnings growth

Franchise restaurant group Spur Corporation last week reported diluted headline earnings per share of 89.91c for the six months ended December‚ up 35.3% from the previous period. 11 Mar 2013 06:59

Asia-Pacific region drives Aspen's revenue growth

[Tamar Kahn] SA's biggest drug manufacturer Aspen Pharmacare expects its Asia-Pacific business to generate the biggest share of the company's revenue by the end of the year‚ its chief executive Stephen Saad said at the release of its interim results for the six months to December. 8 Mar 2013 08:25

Minister "made mistake" says Mugabe

Zimbabwe President Robert Mugabe said his minister in charge of indigenisation, Saviour Kasukuwere, had made a "mistake" in striking an R8.3bn empowerment deal with Impala Platinum and he questioned whether the company should be paid for transferring a 51% stake to local owners. 5 Mar 2013 11:10

Nampak optimistic over Africa growth

Packaging conglomerate Nampak's share price has stuck fairly close to its 12-month high in spite of increasing evidence of tempered consumer demand for fast-moving consumer goods. 25 Feb 2013 10:12

Africa sales boost SA vehicle exports

[Alexander Parker] Vehicle exports from South Africa into the rest of Africa grew almost 20% last year‚ more than making up for a decline in sales to traditional‚ recession-hit markets in the European Union and the US. 20 Feb 2013 08:11

Anglo American earnings down 55%

Resources group Anglo American PLC reported a 55% decline in underlying earnings per share to US 2.26 cents for the year ended December from 5.06 cents a year ago. 18 Feb 2013 10:27

Zimbabwe to seize land from mining company

The Zimbabwean government will seize nearly 28ha of land leased by platinum miner Zimplats, in a fresh drive to re-allocate assets to local business, the mining minister, Obert Mpofu, said on Tuesday (12 February). 13 Feb 2013 11:20