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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
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


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
Nampak Bevcan opens beverage can factory in Angola
The official opening of Nampak Bevcan's US$160 million beverage can factory, Angolata took place late last month. The factory is situated in the Viana Industrial Zone in Angola's capital, Luanda. 5 Jul 2011 13:57
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
[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
SABMiller Angola appoints March Networks for security
OTTAWA, CANADA: March Networks, a global provider of IP video solutions, on Thursday, 12 August 2010, announced that SABMiller Angola is deploying the company's VideoSphere portfolio in its new facility located in the capital city of Luanda. 12 Aug 2010 10:40
Angola: Drilling ever deeper, hoping for the best
[Louise Redvers] LUANDA: While BP struggles to contain an oil spill that US government estimates indicate is now the largest ever in the Gulf of Mexico, questions are being asked about how well-prepared Africa's oil-producing countries are for a similar incident. 6 Jul 2010 09:39
New war in Angola
[Sasha Planting] Angola is shaping up as the next battle ground in Africa's beer wars. With an estimated GDP per capita of almost US$5200 in 2008, Angolan consumers are now richer than their regional counterparts — though wealth is unevenly distributed. 19 Jan 2010 10:10
Diageo, Unicer launch Guinness in Angola
LONDON, PORTO: Diageo and Unicer yesterday, 30 November 2009, announced their partnership in launching Guinness Original, a new variant on the brand, into the Angolan market. Guinness Original is based on the Dublin Extra Stout Original recipe. 1 Dec 2009 07:18
Standard Bank granted Angola banking licence
JOHANNESBURG: Standard Bank has been granted a banking licence in Angola. It plans to start operating as a full-service bank in Angola by mid-2010. The banking licence was granted by the Angolan Council of Ministers at the weekend. Standard Bank has been waiting for a banking licence since May 2008. 30 Nov 2009 13:02
IMF to loan millions to Angola
The International Monetary Fund has drawn up a preliminary agreement with Angola to grant up to US$890 million in loans. The deal, announced on Tuesday, 29 September 2009, will help alleviate the country's immediate cash flow pressures, the IMF said. 1 Oct 2009 07:32
BDA bank funds construction of rural shops
Over six million Angolan kwanzas (about R600,000) were made available by the Angola Development Bank (BDA), for the implementation of a project for the construction of five rural shops, in Andulo district, at 130km to the north of Kuito city, capital of the southern Bié Province. 9 Dec 2008 12:40

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