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 South African tourism group, Thebe Tourism Group have announced the signing of a shareholders' agreement between its subsidiary FX Africa and global foreign exchange providers Travelex. FX Africa has operated a Travelex Retail Foreign Exchange Travelex franchise in Southern Africa for over four years.
6 Dec 2011 11:52
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
Southern Africa's premier paper, The Southern Times, a joint venture between Zimbabwe Newspapers (1980) Limited and New Era of Namibia, was officially relaunched on Thursday, 3 November 2011, in Harare, Zimbabwe.
7 Nov 2011 10:47
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
Following a trade agreement reached between the World Trade Center Africa Initiative and Italy, business between Africa and Europe is set to receive a significant boost. The agreement will see business leaders from 12 African countries meet their Italian counterparts in on-site deal rooms next year, at the inaugural Afritalia Commerce Exchange.
12 Oct 2011 13:52
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
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
Pan-African consumers can now vote for their most admired and valued brands in the inaugural Brand Africa 100 Awards, which coincides with the second annual Brand Africa Forum. The continent's most valued brands will be revealed at an awards ceremony on Thursday, 29 September 2011 at Sandton Convention Centre, Johannesburg, South Africa .
15 Sep 2011 14:25
The award-winning gangster thriller feature film "Viva Riva!", directed by Congolese Djo Tunda wa Munga, is set to open in South Africa, Botswana, Lesotho and Swaziland on 7 October 2011.
14 Sep 2011 12:20
Despite having 3% of the population earning an income viable for mortgage and 10.8% earning between US$10-20 per day, the UN Habitat says about 40.3% of Africans still live in slums. Inadequate and overcrowded dwellings, mostly without clean water, electricity and proper sanitation, line the streets of major cities as the population grows, banks close their doors on the poor and corruption infests the housing sector.
By Issa Sikiti da Silva: @sikitimedia 12 Sep 2011 12:18
Africa's economy is rising, creating jobs in cities, driving people from rural to urban areas, helping to grow its middle class but creating a serious housing crisis on the continent, which is now the world's highest urbanised region. According to a study conducted by FinScope and presented at the African Union for Housing Finance conference it was found that the continent is in serious need of housing finance.
By Issa Sikiti da Silva: @sikitimedia 7 Sep 2011 13:30
Western Union, the multinational company specialised in money transfer, is celebrating its 160th anniversary by launching a global online network - a Facebook-linked platform meant to hunt for the most networked person in the world. The South African launch took place yesterday, Thursday 4 August 2011, in Rosebank simultaneously with Ghana, Kenya and Morocco.
By Issa Sikiti da Silva: @sikitimedia 5 Aug 2011 12:05
eBotswana, a sister company to South Africa's e.tv, was in court, Thursday, 28 July 2011, arguing an application against the South African signal distributor, Sentech in the South Gauteng High Court for failing to take all reasonable steps necessary to prevent pirate viewing of SABC channels in Botswana.
28 Jul 2011 10:51
The Clicks Group announced on Thursday, 7 July 2011, the opening of its first store in the country. Du Toit Britz, finance executive at Clicks, was in Gaborone's Game City for the launch of Clicks.
8 Jul 2011 12:15
As two technology giants in Google and Facebook position themselves to dominate the social networking space, an information and communications technology expert has warned against complacency, in particular from market leader Facebook.
8 Jul 2011 10:01
Neo@Ogilvy's global CEO, New-York based Nasreen Madhany, has been visiting South Africa for a corporate summit, where she talked up the role emerging markets will play in the future profitability of her company.
By Herman Manson: @marklives 5 Jul 2011 13:30
The events and developments of the past six months in Africa have demonstrated that the rise of social media has not only revolutionised the business environment, but also redefined the political scene by shaking the foundation of dictatorship, lack of service delivery and corruption for the first time since the dawn of independences.
By Issa Sikiti da Silva: @sikitimedia 5 Jul 2011 10:14
"African people - like me - are completely disillusioned with the performance of their leaders because of what they have done and what they are doing, and for me these people should not be called leaders, but rather the elite," Moeletsi Mbeki, brother of former South African president Thabo Mbeki and chairman of the SA Institute of International Affairs, said, speaking at the CNN-MultiChoice media forum currently taking place in Bryanston, Johannesburg, on Friday, 24 June 2011.
By Issa Sikiti da Silva: @sikitimedia 24 Jun 2011 11:56
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
CAPE TOWN: The first phase of setting up a free trade area across 26 countries in Africa is expected to come into effect in three years, trade and industry minister Rob Davies said on Monday, 13 June 2011.
14 Jun 2011 12:00
GABORONE: Orange's mobile money service, Orange Money, was launched Monday, 6 June 2011 in Botswana. The service aims to provide Orange's mobile customers with access to basic financial services wherever they live and even if they do not have a bank account.
7 Jun 2011 07:38
JOHANNESBURG: InMobi, the independent mobile ad network, has released its April 2011 Mobile Insights Report for Africa providing insights on mobile advertising trends on the continent. Data from the report shows that InMobi now serves 4.2 billion impressions a month in Africa, up 21% from 3.5 billion in January 2011.
6 Jun 2011 12:11
Africa Business News (ABN) Events and CNBC Africa have announced the launch of the inaugural Africa Business Leaders Awards (ABLA), to be hosted in Johannesburg, South Africa, on 21 October 2011. CNBC Africa will be the official broadcast partner of ABLA, which aims to recognise the most prominent business leaders in Africa.
6 Jun 2011 10:57
JOHANNESBURG / LAGOS: MTV base today, 6 June 2011, launches its new mini-documentary series, Touching Base. The series aims to present a new generation of "Afro-cool" in African urban culture. The documentary series aims to highlight talented young individuals from Africa.
6 Jun 2011 10:29
South Africa has emerged as the most valuable nation brand on the African continent in 2011, scoring a value of US$149.7 billion, distantly followed by Egypt (US$79.2 billion) and Nigeria (US$56 billion) in third place, while MTN is voted Africa's most valuable corporate brand, according to a UK-based Brand Finance study's findings released today, Wednesday 25 May 2011, in Johannesburg by the Brand Leadership Academy.
By Issa Sikiti da Silva 25 May 2011 13:45
After months of behind-the-scenes activity, we're thrilled to unveil a revamped, Bizcommunity 2011, featuring a host of new features and an expanded set of self-promotional tools. What hasn't changed, however, is our commitment to quality news, carefully edited, curated and aggregated daily by the biz editorial teams from specialist journalists, our communities of industry leaders, other news sources and press releases you submit.
23 May 2011 14:51
South Africa's Institute for the Advancement of Journalism (IAJ) and the International Institute for Journalism (IIJ) in Berlin, Germany, of the GIZ - Deutsche Gesellschaft für Internationale Zusammenarbeit - are inviting mid-career journalists to apply for a two-week training course on Reporting regional integration - the history, politics and economics of SADC.
23 May 2011 11:11
The Standard Bank Group, through its Corporate and Investment Banking Division, has acted as lead arranger for the Morupule Expansion project. The signing ceremony was held on 20 May 2011 in Palapye, Botswana. The P1.2 billion-loan raised will be part of the contribution in bank and shareholder loans for the P1.7 billion required to expand output at the coal mine.
23 May 2011 09:55
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