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Shoprite turnover up 10.2% for September quarter
Shoprite turnover up 10.2% for September quarter

Shoprite Holdings‚ Africa's biggest retail group‚ reported that its turnover had increased by 10.2% in the three months to September.

29 Oct 2013 09:59

Distell sees cider as means to quench thirst for growth in Africa
Distell sees cider as means to quench thirst for growth in Africa

After two major acquisitions in international cognac and whisky brands‚ Stellenbosch-based liquor group Distell will now be prioritising the global growth of its highly-profitable cider brands.

By Marc Hasenfuss 18 Oct 2013 09:56

Quick meals for Africa
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

Crunch time for fruit exports
Crunch time for fruit exports

After 23 years in SA's R6bn fruit industry, many of them as managing director of Tru-Cape Fruit Marketing - SA's biggest producer of apples and pears - Charles Hughes is retiring without having fulfilled his ambition of gaining access to China's vast market. He blames it on the SA government.

16 Sep 2013 08:59

Nearly time to buy shares
Nearly time to buy shares

Massmart's chief executive Grant Pattison has long cautioned against expecting short-term wonders from the SA retailer's acquisition by Walmart. The reality of his warning kicked in with a vengeance in June, sending Massmart's share price diving by a third.

2 Sep 2013 10:24

Retailers hit sweet spot in Africa
Retailers hit sweet spot in Africa

Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.

By Zeenat Moorad 26 Aug 2013 07:54

Shoprite earnings rise 11% in 'challenging' year
Shoprite earnings rise 11% in 'challenging' year

In what it described as a challenging year‚ Shoprite Holdings‚ reported an 11.3% increase in headline earnings per share for the year to June‚ to of 675c.

By Zeenat Moorad 21 Aug 2013 09:00

Africa lifts SA fruit and veg retailers
Africa lifts SA fruit and veg retailers

African markets to the northern parts of SA are proving lucrative for local fruit and vegetable retailers, with business accounting for at least 10% of turnover for the sector.

By Shannon Sherry 16 Aug 2013 11:15

Africa's demand for services growing
Africa's demand for services growing

Growing sophistication in African markets outside SA is creating demand for specialist consultants that bring together clients and communications agencies.

5 Aug 2013 10:08

IMF forecasts "solid growth" for Africa
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

Nampak optimistic over Africa growth
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

Nampak plan to box clever pays off
Nampak plan to box clever pays off

Nampak announced that for the year ended 30 September 2010, its operating profit increased by 126% following good turnarounds in the paper businesses in South Africa and Europe and the sale or closure of a number of loss-making businesses.

24 Nov 2010 09:51

GM restructures African business, seeking growth
GM restructures African business, seeking growth

General Motors (GM) has announced a new strategy for African business, which it hopes will allow GM to capitalise on the growing opportunities around the continent.

By Michael Bratt 23 Nov 2010 12:36

SABMiller Angola appoints March Networks for security
SABMiller Angola appoints March Networks for security

OTTAWA, CANADA: March Networks, a global provider of IP video solutions, on Thursday, 12 August 2010, announced that SABMiller Angola is deploying the company's VideoSphere portfolio in its new facility located in the capital city of Luanda.

12 Aug 2010 10:40

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