SABMiller's (SAB) fourth-quarter revenue growth fell short of analysts' expectations‚ sending the global brewing company's share price down by 2.21% on the JSE on Tuesday (15 April).
By Nick Hedley 17 Apr 2014 07:58
Africa is the story, actually the big story is Africa*. This was the message from Malcolm Horne, of Broll at the fourth South African Council of Shopping Centres (SACSC) annual research conference.
By Danette Breitenbach 11 Apr 2014 09:35
Investment interest has grown in Africa's frontier markets this year and the region is set to become a key battleground for the luxury goods industry.
By Zeenat Moorad 27 Dec 2013 10:57
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
The Government of Malawi announced that it is joining the Better Than Cash Alliance, committing to transition government cash payments to electronic disbursements.
1 Jul 2013 10:54
Microsoft has announced the opening of 21 web stores for apps and games across several African countries.
18 Dec 2012 12:19
Once again Malawi finds itself in a tight spot. A food crisis set off by erratic rains, rising food prices and economic hardships is slowly unfolding. Sadly and unexpectedly, Malawi has lost its hard-earned status as an agricultural success story. Many are now wondering what went wrong and whether there could be lessons for other African countries.
By Masimba Tafirenyika 18 Dec 2012 10:56
The Malawi Communication Regulatory Authority (MACRA) has changed the rolling out of services of what is expected to be Malawi's fourth mobile phone service company, CELCOM.
By Gregory Gondwe: @Kalipochi 8 Oct 2012 09:28
The National Bank of Malawi (NBM) has challenged Malawi's business journalists to be relevant as Malawi is undergoing economic hardships.
By Gregory Gondwe: @Kalipochi 27 Sep 2012 10:06
Malawian insurance firm, Nico General Insurance, with immediate effect, will start insuring BlackBerry and Samsung mobile phone handsets under an insurance package called Cellsure.
By Gregory Gondwe: @Kalipochi 27 Jul 2012 13:49
Telecoms Networks Malawi (TNM) Limited has announced that it will be increasing base tariff by an average of 19.5% from 1 August 2012 in order to be able to fulfill its plans to expand its coverage and upgrading the older infrastructure by investing more that US$20 million per annum over the next five years.
By Gregory Gondwe: @Kalipochi 26 Jul 2012 10:21
As global businesses begin to turns towards African developing markets, outdoor advertising companies need to understand the different segments in the economies and how best to reach disparate groups of consumers.
14 Jun 2012 13:03
Blantyre Newspapers Limited (BNL) has launched a fifth title after the first issue of an exclusively business newspaper called The Business Times hit the streets last week.
By Gregory Gondwe: @Kalipochi 10 Apr 2012 14:26
Malawi Switch Center Limited (MALSWITCH) which provides and maintains an infrastructure of electronic payment solutions in Malawi, including the system used by the country mobile phone service providers, has rebranded.
By Gregory Gondwe: @Kalipochi 16 Feb 2012 12:14
Malawi's mobile phone service provider, Telekom Networks Malawi (TNM) has partnered with Emitac Mobile Solutions (EMS) to provide BlackBerry services to subscribers in Malawi.
By Gregory Gondwe: @Kalipochi 12 Dec 2011 09:21
Malawi's donors under the Common Approach to Budget Support (CABS) have asked the country to revive its International Monetary Fund (IMF) program or forget their financial assistance.
By Gregory Gondwe: @Kalipochi 8 Dec 2011 13:33
The Banker, a leading journal of the global banking industry, has named Standard Bank as the 2011 Bank of the Year in Africa and Best Bank in Botswana, Lesotho, Malawi and Zimbabwe.
1 Dec 2011 16:01
Reserve Bank of Malawi (RBM) governor, Dr Perks Ligoya clashed with Paladin Africa Limited, a company that mines Uranium at Kayelekera in the country's northern district of Karonga.
By Gregory Gondwe: @Kalipochi 1 Dec 2011 14:49
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
9 Nov 2011 09:36
The International Labour Organisation (ILO) has released a report on Malawi which is trying to establish on how monetary policy instruments can be used to encourage Malawi onto a path of employment-generating growth. The report titled Macroeconomic policy for employment creation: The Case for Malawi released last month has identified three policy areas for consideration.
By Gregory Gondwe: @Kalipochi 2 Nov 2011 12:19
TransUnion, a global credit and information management organisation, has acquired majority shareholding in CRB Holdings Limited, signifying its bold expansion steps into Africa.
By Gregory Gondwe: @Kalipochi 28 Oct 2011 11:19
The Reserve Bank of Malawi (RBM) has sought assistance from established firms or advertising agencies to provide currency public sensitisation service throughout the country on its behalf after the country has been badly hit by fake currency circulation.
By Gregory Gondwe: @Kalipochi 27 Oct 2011 13:05
Fresh Living, the food magazine on South African shelves, continues to expand on its African footprint as it goes on sale this month in Mauritius.
10 Oct 2011 11:27
BLANTYRE, MALAWI: Last week Thusday, 29 September 2011 was a special day for local investors when Old Mutual Malawi launched its new subsidiary company, Old Mutual Unit Trust Company.
By Gregory Gondwe 5 Oct 2011 10:02
Malawi's central bank has issued a warning to the country after being severely hit by counterfeit notes of its biggest bill of 500 kwacha, a situation the Reserve Bank of Malawi (RBM) governor Dr. Perks Ligoya has described as undermining the integrity of the national currency.
By Gregory Gondwe 30 Sep 2011 08:38
One of Malawi's two mobile phone companies, Telekom Networks Malawi Limited (TNM), which is incorporated in Malawi as a licensed mobile telecommunications operator has announced a 23% growth which the company has attributed to various innovative product offerings and promotions.
By Gregory Gondwe 12 Sep 2011 10:14
Mozambique's newest privately-owned full service bank, Banco Único, opened its doors to the public this week as a sign to further confide in foreign investors interest of the country and in southern Africa's growth potential.
1 Sep 2011 13:56
The newly appointed chairperson of the African Association of Central Banks (AACB), Perks Ligoya who is also governor for the Reserve Bank of Malawi (RBM), said he will now fast track the establishment of African Central Bank which has been on the card for some time now.
By Gregory Gondwe 19 Aug 2011 09:38
The President of Malawi, Bingu wa Mutharika's government which had been adamant on devaluing the national currency, the Malawi Kwacha (MK), has finally succumbed to the pressure.
By Gregory Gondwe 10 Aug 2011 11:28
Packaging Industries Malawi (PIM) Limited has been allowed by the commercial court to delist from the Malawi Stock Exchange (MSE) following a decision from the company's minority shareholders to sell their shares to South African-based Transmar Limited. PIM, established in 1969, was listed on the Malawi Stock Exchange in 1998.
By Gregory Gondwe 13 Jul 2011 11:28
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