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
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.
By Herman Manson: @marklives 12 May 2011 18:55
CAIRO: The exodus of migrants streaming out of Libya due to ongoing unrest has highlighted the heavy dependence of some countries on remittances from their citizens working abroad. In several countries this flow has now become choked.
By Simba Russeau 15 Apr 2011 10:42
CAIRO: Workers at Egypt's largest factory have suspended a strike in support of the revolt that toppled strongman Hosni Mubarak but will continue to press for higher wages, they told AFP on Sunday (13 February 2011).
15 Feb 2011 07:25
CAIRO: The Egyptian Central Bank announced on Monday, 31 January 2011, that it would be closed for a third day on Tuesday amid unrest in the country.
1 Feb 2011 09:08
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
So what we can expect to see in 2011? The industry is always changing and new trends are constantly developing and therefore it is crucial to keep the following top of mind.
By Adene van der Walt 18 Jan 2011 15:13
The recent global recession has changed our world forever. In a new digital age, characterised by oversupply and too many product types in almost every market, the challenge for companies will be to locate and capture pools of high-profit demand and be able to move with speed and flexibility to take advantage of them. Here are 11 trends for 2011.
By Gisele Wertheim Aymes 18 Jan 2011 14:17
If 2010 could be summed up as soccer, vuvuzelas and national pride, 2011 will be all about the hard work of restoring the economy to sustainable growth, paying attention to environmental concerns and mastering the technologies that are changing the world. Here are a few trends to watch in 2011.
By Janice Spark 17 Jan 2011 15:27
I am a good example of a connected, discerning customer who already has done most of his research even before entering a store and I usually shop around looking for the best deals from different vendors. Therefore, I was armed with all the information I needed and I knew the different offerings from the two major outlets selling the new Apple iMac. I was setting the outlets up for a bit of healthy competition by visiting both just before making my decision where to lay down my credit card.
By Daniel Silke 29 Dec 2010 16:25
Walmart's offer to acquire 51% of Massmart has put SA in the display case for retailers intent on global expansion.
By Sasha Planting 28 Dec 2010 09:15
ZURICH, SWITZERLAND: World football's governing body FIFA said on Thursday, 23 December 2010, that it feared the financial impact of the collapse of its main product licensing agent, Singapore-based Global Brands Group (GBG).
24 Dec 2010 09:42
CAIRO: Egypt has launched a national project to protect its population from vitamin deficiencies, with production beginning this week of vitamin-enriched vegetable oil. The project is in partnership with the United Nations World Food Programme (WFP) and the Global Alliance for Improved Nutrition (GAIN).
5 Nov 2010 07:51
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
CAIRO: Opportunistic food traders have been blamed for soaring food prices across the Middle East that have added a financial burden on families observing the Islamic holy month of Ramadan.
By Cam McGrath 18 Aug 2010 09:50
The United Kingdom's minister for Africa pledged on Monday (26 July 2010) to increase bilateral trade with Sudan during his first official visit to the country.
29 Jul 2010 08:26
Yara International ASA, one of the world's leading chemical companies that convert energy, natural minerals and nitrogen from the air into essential products for farmers and industrial customers, has won the 'Best Global Business in Africa' award. Other nominees were BMW, Barclays, Anglo American and Diageo.
23 Jun 2010 08:46
KARTHOUM: The US government, acting through the United States Agency for International Development (USAID), on Tuesday, 19 May 2010, launched a new agricultural program in partnership with the Sudan government.
18 May 2010 10:35
The eruption of Iceland's Eyjafjallajökull volcano had a massive impact on many spheres - from the airlines, to events, to travel, to health, import and exports, and more, and its impact is likely to be felt for a long time - and that's even should the eruption cease completely - which it hasn't!
By Rod Baker 29 Apr 2010 09:00
The 2010 FIFA World Cup is slowly but surely edging closer to a full stadium syndrome, with 2.2 million tickets sold so far. The remaining 500 000 tickets will go on sale on 15 April 2010 during the last ticket sale phase, which includes over-the-counter sales at designated FIFA ticketing centres nationwide, the organisers announced today, Friday, 9 April.
By Issa Sikiti da Silva 9 Apr 2010 13:30
MUSCAT: The Autumn Trade Fair (ATF) in Oman will take place from 24 March to 2 April 2010 at the Oman International Exhibition Centre. ATF 2010 currently has over 400 confirmed exhibitors from countries including Pakistan, Syria, UAE, Egypt, Yemen, Kuwait and Malaysia.
3 Feb 2010 09:48
FIFA has agreed to create a new participating member associations (PMAs) sales phase between 9 February and 7 April 2010, it announced on Friday, 15 January 2010. Only one such phase had previously been planned, which closed on 13 January 2010.
18 Jan 2010 06:11
ROME: Libya and the FAO plan to work closely together over the next five years to strengthen food security and sustainable development in the country.
23 Nov 2009 07:29
CAIRO: A new report released by the World Bank's Middle East and North Africa (MNA) region, From Privilege to Competition: Unlocking private-led growth in the Middle East and North Africa, has found that the private sector is not yet generating enough jobs and sustaining higher growth in the region.
9 Nov 2009 07:21
Modified irrigation practices have decreased water usage for crops by 40% in the Beni Mellal region of Morocco, while increasing wheat crop yields by 50% to 80% since 2004.
By Amy Lieberman 31 Aug 2009 10:44
China's expansion programme into the African market is helping its companies grow their presence on the continent.
By Hopewell Radebe 26 Aug 2009 13:00
Water scarcity left 1.4 billion people living in “closed basin” regions in 2008, though that number is expected to grow to 1.8 billion by 2025, according to Worldwatch Institute, an independent research organisation that focuses on global sustainability issues.
By Amy Lieberman 20 Aug 2009 12:09
CAIRO: Egypt receives some of the highest annual solar radiation in the world, yet the desert country remains heavily dependent on fossil fuels.
By Cam McGrath 30 Jul 2009 08:10
NIAMEY: Low rainfall has disrupted the planting season throughout Niger as farmers who sowed seeds in May are forced to replant when their first crops died, according to the national association of farmers.
17 Jul 2009 11:37
The annual Makhulu Polane t-shirt design competition is open for entries from Thursday, 16 July 2009. This local initiative was started by Big Blue in 2006 in a quest to discover and support fresh home-grown talent.
15 Jul 2009 09:33
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