Franchise sales up 16.8% for Famous Brands

Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region. 19 Jun 2013 11:34

Tourism growth outlook looks strong

[Helmo Preuss] Auditing firm PwC on Thursday (13 June) projected total room revenue in SA would grow at a compound annual rate of 9.2% between now and 2017 after overall spending on rooms in all categories rose by 13.4% in 2012 to R15.2bn‚ reflecting an increase in stay-unit nights and a 5.3% rise in the average room rate. 14 Jun 2013 07:54

Half of Ivory Coast's press suspended in 'clean up'

ABIDJAN, IVORY COAST: More than half of the Ivory Coast's press industry have been suspended, the regulatory authority announced on Monday as it promised to "clean up" the sector. 12 Jun 2013 09:16

Hotels moving in on Africa's potential

[Zeenat Moorad] With limited opportunities for expansion in SA, a slew of hospitality companies are eyeing the rest of the continent, for future growth as there is an under-supply of quality hotels and upbeat economic prospects. 10 Jun 2013 11:39

Africa must implement open skies policy

[Nicky Smith] Improving safety‚ cutting fuel taxes and liberalising regulation to allow for greater connectivity between African countries are some of the key issues that must be tackled to boost aviation on the continent‚ International Air Transport Association's chief executive Tony Tyler said on Tuesday, (4 June) 5 Jun 2013 10:54

Africa is focus for international law firms

Expansion into Africa by the world's biggest law firms gathered steam on Monday (3 June) with the official tie-up between Norton Rose and Fulbright & Jaworski to form Norton Rose Fulbright. 4 Jun 2013 10:12

Japan offers US$10bn to Africa

TOKYO, JAPAN: Japan has pledged at least US$10bn in aid to Africa for the next five years as Tokyo prepares to host a major development conference for the resource-rich continent. 3 Jun 2013 10:26

197m people paying MTN for services

Telecommunications group MTN said on Tuesday (28 May) that the group had increased its subscriber base by 4% in the four months to April 30 to 197.4m mobile subscribers across its operations. 29 May 2013 08:31

Africa must make better use of resources

[Mariam Isa] Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May). 28 May 2013 10:31

Appy birthdays

Côte D'Ivoire may be one of the few places where birther conspiracies run hotter than in America. For decades, opponents of the president, Alassane Ouattara, have accused him of hailing from neighboring Burkina Faso. They successfully exploited the controversy to keep him off the ballot in the 1995 and 2000 presidential elections. When he triumphed in the 2010 election, supporters of the incumbent, Laurent Gbagbo, blamed their man's defeat on hordes of "non-Ivorian" Ouattara voters. 24 May 2013 12:03

Orange inaugurates a new campus in Dakar

With the creation of a new Orange Campus site in Senegal, the France Telecom-Orange Group, which is present across 20 African countries, reaffirms its commitment to strengthening its worldwide managerial community and to supporting managers in their daily responsibilities. 20 May 2013 11:46

Car manufacturing - Nigeria seeks guidance

[Alexander Parker] Nigeria is looking to South Africa's advanced motor sector for expertise and technical assistance as it seeks to create a new-car market in the continent's second-biggest economy. 9 May 2013 07:58

Germany praises SA's role in Africa

Germany's Foreign Affairs Minister Guido Westerwelle praised South Africa on Monday (29 April) for its interventions in strife-torn countries on the African continent. 30 Apr 2013 10:02

Cocoa plundered by Ivorian warlords

NEW YORK, USA: - Warlord military commanders in Ivory Coast are making hundreds of millions of dollars by plundering the country's exports of cocoa and other resources, according to a report by UN experts. 29 Apr 2013 10:06