Last year may have been a difficult year for retail in Africa but consumers still came in droves to Shoprite, which reported double-digit sales growth on the continent in the six months to December…
While Ethiopia's Rift Valley wine is targeting more experienced wine drinkers, foreigners and high-end restaurants, its Acacia range is aimed at an emerging Ethiopian wine-drinker…
Here are some of the key findings of The 2017 Global Online Consumer report by KPMG...
The MTN Group last week announced that its MTN Mobile Money service will now be available through the MTN agent network and BancABC branch network in Zambia, improving accessibility to financial services via mobile telephony for thousands of customers in Zambia.
Warid Congo S.A, a telecommunication operator in Congo, on Wednesday, 15 February 2012, announced the launch of Warid Mobicash across its network. This offer is based on the Mobile Money technology from Mobicash.
17 Feb 2012
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
Southern Sun Hotels has announced the latest addition to its hotels in Africa, the StayEasy Lusaka. The new StayEasy Lusaka hotel caters for the business traveller who value expediency and convenience and is centrally located in the newly developed, Levy Business Park in Lusaka.
30 Nov 2011
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
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
Bizcommunity.com has now expanded its operations into 16 new sectors and will soon venture into another 17, providing a whole new range of target audiences for advertisers. The most critical aspect of this is the quality of content and this is a formal invitation to you to become a recognised contributor on Bizcommunity.
Bizcommunity.com 3 Oct 2011
Bizcommunity.com - South Africa's largest online B2B publisher - is set to grow even more with the introduction of 16 new content channels, with weekly newsletters, as from last week Tuesday, 20 September 2011.
Bizcommunity.com 20 Sep 2011
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
Bharti Airtel, a global telecommunications company with operations across Asia and Africa, has been awarded a license by the Rwanda Utilities Regulatory Agency to operate 2G and 3G GSM mobile services in Rwanda.
9 Sep 2011
FNB Zambia announced yesterday, 6 September 2011, that it will again partner with Cutting Edge PR to handle its communication affairs in Zambia. The agency will guide and assist FNB in all its local strategic communications issues, internally and externally and will include media relations management on behalf of FNB in the country.
7 Sep 2011
Tetra Pak has partnered with Parmalat Zambia, the World Food Programme (WFP), the Zambian Ministry of Livestock and Fisheries Development and the Swedish International Cooperation Development Agency (Sida) to bring milk to 15 000 school children in 39 schools in Zambia's Eastern Province in a bid to stem malnourishment and poor school attendance.
23 Aug 2011
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
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.
Herman Manson: @marklives 12 May 2011
SA's biggest grocer, Shoprite, told I-Net Bridge/BusinessLIVE on Tuesday (29 March 2011) that as far as it was aware there was never a formal investigation by Zambian competition authorities regarding allegations that it was threatening to delist its suppliers who entered into agreements with Pick n Pay.
Zeenat Moorad 31 Mar 2011
LUSAKA: Internationally-recognised credit ratings agency Fitch has assigned Zambia a B+ sovereign rating in recognition of the economic strides the country has taken under President Rupiah Banda. Zambia received the fourth-highest non-investment grade rating supported by a "stable" outlook from Fitch.
4 Mar 2011
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
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.
Adene van der Walt 18 Jan 2011
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.
Gisele Wertheim Aymes 18 Jan 2011
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.
Janice Spark 17 Jan 2011
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.
Daniel Silke 29 Dec 2010
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
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
A London-based campaign group plans to sue the United Kingdom government for allegedly failing to tell the UN about companies and individuals involved in the trade of "conflict minerals" from the Democratic Republic of Congo.
28 Jul 2010
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
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
Proposed oil deals between foreign companies and the Democratic Republic of Congo would cut the government's revenues by over 10 billion US dollars, an advocacy organisation claims. London-based group Platform published a report on Wednesday (12 May 2010) criticising leaked confidential contracts for UK oil companies Tullow and Heritage to jointly operate on the DRC side of Lake Albert.
17 May 2010