The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011.
By Zeenat Moorad 6 Jan 2012 08:19
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
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
Population growth, rapid urbanisation, adoption of new technologies, unlocking of abundant resources and the deepening of the financial sector are the five major trends that are set to drive Africa's economic growth, Simon Freemantle, Standard Bank Africa senior analyst, told a media roundtable in Johannesburg, South Africa, yesterday, Thursday 6 October 2011.
By Issa Sikiti da Silva: @sikitimedia 7 Oct 2011 09:56
New retail precincts across Africa are not only changing consumers' buying behaviour but also changing their social behaviour. Malls provide a venue for consumers to congregate and they're doing this in preference to other social activities.
8 Jul 2011 09:46
The penetration of mobile phones in many African countries is higher than the world average. Data on the number of mobile subscriptions per 100 people show that penetration rates in Algeria, South Africa, Gabon, Tunisia, Mauritius, Botswana, Morocco and Mauritania are all above the world average of 60%.
23 Jun 2011 10:59
With the need for resources from developing countries such as China and India, coupled with the discovery of oil within more and more African countries, the economies of African countries are set for major short and medium-term growth. Based on this growth, Dulcé Café is currently launching an expansion of the franchise chain into Saudi Arabia, Ghana, Nigeria, Tanzania, Botswana and Angola.
14 Jun 2011 10:41
LUXEMBOURG: Intelsat SA, one of the world's leading providers of fixed satellite services, recently announced a series of new contracts with media customers using the company's leading video neighbourhoods.
14 Apr 2011 10:56
Southern Africa's Travel and Tourism Film & Video Awards is in full preparation mode. The organisers are calling for entries from southern African film and video makers as well as from travel and tourism product owners.
12 Apr 2011 11:49
Companies doing business in Africa face several uncertainties, including how tax authorities will handle transfer pricing (TP). It is vital that organisations prepare comprehensive documentation to demonstrate their application of the arm's length principle and the procedures followed.
5 Apr 2011 12:05
Kraft Foods SA on Monday, 28 March 2011, said it had invested R160 million in a pilot skills programme in its sub-Saharan African operations as it positioned itself to double its revenue in five years in an increasingly competitive fast-moving consumer goods (FMCG) market.
By Zeenat Moorad 29 Mar 2011 08:42
LONDON: The panel of judges has been announced for the eighth Diageo Africa Business Reporting Awards set to take place on 30 June 2011. The annual awards aims to encourage more prolific reporting of economic opportunities in Africa and to celebrate excellence in business journalism.
15 Mar 2011 10:37
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011 11:00
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
Refugees and asylum permit holders in South Africa will from now on be able apply for bank accounts in the country, the Home Affairs Department announced on Thursday, 11 November 2010.
12 Nov 2010 09:42
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
The fully tenanted Princess Crossing Mall, situated in Ondekkers Road, Roodepoort, has been sold for close to R300 million to a West African investor - via a private property fund based in the Western Cape.
20 Aug 2010 08:39
Game Stores has come a long way since it opened its first store in Durban in 1970 in cramped premises in the city's CBD, ringing up sales of R78 000 in its first month of trading. Its founders believed that shopping had become a tedious and boring pastime. They wanted to create a fun shopping environment and so conceptualised retailing as a game. The signature bright pink prevails to this day.
19 Jul 2010 08:43
SAITEX (The Southern African International Trade Exhibition) is offering a half-day workshop that is a business briefing for suppliers of goods and services looking to enter the southern and eastern African markets, as well as interested investors for these markets. The briefing takes place on 27 July 2010 at the Gallagher Convention Centre, Midrand.
30 Jun 2010 09:26
Hoodzpeaks are attachments which fit snugly onto the peak of any regular cap to provide extended protection from the sun. Hoodzpeaks snap onto peak caps, providing additional sun protection for the critical high-risk zones - face and ears.
Issued by Right Stuff 11 May 2010 10:49
With the 2010 FIFA World Cup just around the corner, not to mention glorious summer, the Rapid Kiosk is the natural choice for public events and portable, instant retail solutions.
Issued by Right Stuff 11 Nov 2009 15:41
Free-to-air TV station e.tv this year joined forces with Edcon Group to take the seven-year-old Jet Community Awards to another level - to create awareness around community projects participation and give exposure to those who are working hard under difficult conditions to improve the lives of ‘forgotten' people living in socially-disadvantaged areas of Southern Africa.
By Issa Sikiti da Silva 5 Nov 2009 08:20
Lorato Edith Boakgomo-Ntakhwana has been appointed as chief executive officer of First National Bank of Botswana (FNBB). Boakgomo-Ntakhwana is the first black female to be appointed to this position.
6 Jul 2009 16:00
The Botswana authorities have become the latest of a number of governments around the world to recall Chinese-made dairy products, following the melamine scare.
14 Oct 2008 07:32
Orange, a subsidiary of France Telecom, has signed a new deal with Apple to offer the iPhone to its customers in several parts of Africa, Europe, the Middle East and the Caribbean. The company already has an exclusive deal with Apple to sell the phone in France.
By Rachelle Crum 19 May 2008 06:55
The Jet Community Awards, southern Africa's popular grassroots community awards programme, is open for entries once again to those extraordinary organisations and individuals who dedicate their time and energy to the upliftment of their local communities. Now in its sixth year, there's R1 million in prize money on offer and entries are being accepted from South Africa, Botswana, Namibia, Lesotho and Swaziland.
10 Apr 2008 14:40
An estimated 20,000 people are expected to attend the annual Marula Festival which kicks off in Phalaborwa, Limpopo, today, 29 February 2008.
By Gcina Ntsaluba 29 Feb 2008 06:11
Retailers, manufacturers and fast food outlets will, by mid next month, have a self regulatory policy in place when it comes to advertising their products to children.
By Vivian Warby 25 Jul 2007 09:21
Receive free email newsletter
Tell a friend about us