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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
Hard roads for Cargo Carriers
[Edward West] Cargo Carriers (CRG) raised its dividend 76.5% for the year to February after its logistics and transport related operations performed well in an operating environment of low economic growth and industrial relations interruptions. 16 May 2013 08:07
AngloGold's focus on cutting costs
[Allan Seccombe] AngloGold Ashanti is gearing up to sell a second mine as the company deepens its focus on delivering value to shareholders in a difficult gold market‚ new chief executive Srinivasan Venkatakrishnan said on Monday (13 May). 14 May 2013 12:30
Transnet on the hunt for foreign contracts
[Nicky Smith] Transnet Engineering (TE), a unit of the state-owned freight and logistics company, is exploring new narrow-gauge markets in Latin America, South-east Asia and Australia in a bid to meet its growth targets, according to strategy and marketing general manager Thoba Majoka. 6 May 2013 07:41
Tsogo Sun spending US$100m in Africa
In line with its growth strategy‚ Tsogo Sun has announced an investment of US$100m to be used to expand the group's hotel network in Africa. 25 Apr 2013 08:02
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
Shoprite plans 136 new stores in Africa
[Zeenat Moorad] Shoprite Holdings is steamrolling ahead with its African expansion - the retailer has 136 stores in the pipeline as it eyes fast growing oil-rich markets like Nigeria and Angola. 20 Feb 2013 07:43
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
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