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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
Egyptians want to ban booze sales
CAIRO, EGYPT: Egypt's liquor stores are under growing pressure to stop selling alcohol, they say, but the pressure is not from the country's Islamist government, but from society itself. 20 May 2013 09:23
Hilton plans to boost African presence
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
MTN now has 195m subscribers
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
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
Standard Bank is cleanest and greenest
Standard Bank, the country's biggest banking group in terms of assets‚ has been ranked the 12th 'greenest' bank in the world and the cleanest in Africa by Bloomberg Markets. 12 Apr 2013 10:35
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
SA to develop its aquaculture farms
[Linda Ensor] Trade and Industry Minister Rob Davies launched an aquaculture development and enhancement programme last week‚ which he hopes will boost growth in an industry that is very small in both global and continental terms. 2 Apr 2013 07:49
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
Nestle needs to do more for its farmers
CASABLANCA, MOROCCO: Nestle has admitted it can do more to improve its suppliers' livelihoods, after an Oxfam report accused the Swiss food giant of failing to address the plight of farmers in the world's poorest countries. 29 Mar 2013 11:35
Norton Rose tells insurers to tread carefully in Africa
[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
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
Mobile money could encourage savings
[Helmo Preuss] Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion. 27 Feb 2013 07:33
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
MoneyGram remittance costs are just 5%
MoneyGram remittance costs are 5% or less depending on the size of the transaction‚ MoneyGram's Vice President for Africa Hervé Chomel told a media roundtable on Thursday (7 February). 8 Feb 2013 10:45
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