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Famous Brands half-year earnings up 20% to 180c

Fast food group Famous Brands reported a 20% increase in headline earnings per share to 180c for the six months to August.

29 Oct 2013 10:34

Quick meals for Africa

In SA, Famous Brands produces 265,000 cups of specially blended coffee a day. With 2,175 restaurants, the company, whose brands include Wimpy, Steers and Mugg & Bean, also makes 77m ice-cream cones a year. It's the big daddy of SA franchising, with a R9,7bn market capitalisation, and it wants to repeat its local success in the rest of Africa.

By Zeenat Moorad 16 Sep 2013 09:21

Hotels moving in on Africa's potential

With limited opportunities for expansion in SA, a slew of hospitality companies are eyeing the rest of the continent, for future growth as there is an under-supply of quality hotels and upbeat economic prospects.

By Zeenat Moorad 10 Jun 2013 11:39

Africa must implement open skies policy

Improving safety‚ cutting fuel taxes and liberalising regulation to allow for greater connectivity between African countries are some of the key issues that must be tackled to boost aviation on the continent‚ International Air Transport Association's chief executive Tony Tyler said on Tuesday, (4 June)

By Nicky Smith 5 Jun 2013 10:54

Angry Internet users hunt down Nile relic vandal

BEIJING, CHINA: A Chinese tourist who defaced an ancient Egyptian monument was hunted down by angry Chinese Internet users who prompted his parents to apologise, state media reported yesterday.

28 May 2013 12:06

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

Taxes hammering Africa's aviation

Government policies towards aviation in Africa tend to see it as an "elite" product‚ rather than as a critical component of the continent's economic infrastructure.

By Bekezela Phakathi 22 Apr 2013 07:51

Cape Town's airport still best in Africa

The Cape Town International Airport has been rated the best in Africa for the third year in a row, Western Cape tourism MEC Alan Winde said on Tuesday (12 March).

13 Mar 2013 08:47

More people flying in Africa

Intra-Africa passenger numbers increased by 9.4% year-on-year (y/y) in January the International Air Transport Association (IATA) said on Wednesday (6 March).

By Helmo Preuss 7 Mar 2013 10:12

'Egypt is back!'

Trafalgar Tours, part of the Travel Corp SA group, has announced Egypt is back on its list of guided tours this year. And to celebrate the brands reintroduction, Trafalgar is offering local holiday-makers a massive discount of up to R1200.

18 Mar 2011 11:04

German holidaymakers avoid Egypt and Tunisia

NUREMBERG, GERMANY: The political unrest in North Africa has had far-reaching consequences for the tourism industry. According to GfK Retail and Technology, the majority of German holidaymakers have postponed any planned trips to Egypt and Tunisia and demand for the summer months also noticeably declined in the first few weeks of the year.

22 Feb 2011 07:09

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

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