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Mutual & Federal announces key African appointment
Short-term insurer Mutual & Federal, a member of the Old Mutual Group (OML), has appointed Marcelina Gaoses to the position of managing director of Mutual & Federal Namibia, effective 1 March 2012. 22 Feb 2012 10:03
FNB's mobile money grows in Africa
Mobile banking is set to take off in Africa, with FNB recording a 150% jump in transaction growth for its cellphone banking service and 1384% growth for eWallet for the month of December 2011 when compared to December 2010. 15 Feb 2012 13:21


Retail rewind - a year in review 2011
[Zeenat Moorad] The approval of the Wal-Mart/Massmart deal will go down as the highlight of the retail sector in 2011. 6 Jan 2012 08:19
Thebe Tourism Group signs shareholder agreement
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
Standard Bank wins Bank of the Year in Africa
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
Consumer Confidence Survey: Economy again top global concern
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
TransUnion expands into Africa
[Gregory Gondwe: @Kalipochi] TransUnion, a global credit and information management organisation, has acquired majority shareholding in CRB Holdings Limited, signifying its bold expansion steps into Africa. 28 Oct 2011 11:19
Fresh Living now available in Mauritius
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
Brand Africa Forum to present first Brand Africa 100 awards
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
Clicks expands to Botswana
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
Davies maps route for free trade area
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
Stanbic Bank Botswana signs Morupule debt financing agreement
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
[Netprophet 2011] African ecommerce market has a long way to go
[Herman Manson: @marklives] A billion Africans and 50 million bank accounts. In South Africa, credit cards are used by only 16.5% of the population (2008). No African country comes close to 1% of total retail spend spent online - the magic figure which constitutes the tipping point for digital retail growth. No wonder, then, that the ecommerce market in Africa hasn't bloomed. 12 May 2011 18:55
Unemployment, inflation worries hit consumer confidence
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

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