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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
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
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
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
Huawei, Microsoft for Africa
NEW YORK, USA: Microsoft announced on Tuesday (5 February) that it had teamed up with Chinese manufacturer Huawei to launch an affordable smartphone across Africa. 6 Feb 2013 06:48
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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International news
KFC sales plummet on bird flu fears
SHANGHAI CHINA: Sales of fast food KFC in China slumped an estimated 36% in April, according to parent Yum! Brands, as consumers shunned chicken due to the H7N9 bird flu outbreak in humans. 14 May 2013 08:43


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