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
School infrastructure across Africa has, since the dawn of independence, been deteriorating at a faster pace as maintenance is almost non-existent and building of new facilities stalls. This, coupled with high teacher-pupil ratio, corruption and nepotism, lack of qualified teaching staff and basic teaching material, have pushed the African education system into the doldrums and plunged it into absolute chaos.
By Issa Sikiti da Silva 9 May 2011 10:07
"Shoprite has taken advantage of the strong rand to invest in a lot of real estate in Africa by opening 16 additional stores in Nigeria this year and planning three new stores in Ghana," says Shoprite CEO Whitey Basson.
By Stafford Thomas 28 Feb 2011 09:30
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
ACCRA: Google announced yesterday, 2 December 2010, the launch of Google Trader for Ghana highlighting the entrepreneurial opportunities presented by the internet. Trader is a free online classifieds service that allows Ghanaians to buy and sell products and services, as well as search for jobs among other things.
3 Dec 2010 10:32
Ghana plans to enforce a ban on the sale of second-hand underwear beginning in February, an official said on Monday (29 November 2010), citing the health risks involved in the hawking of the garments by street vendors.
30 Nov 2010 13:45
Retailer Mr Price is eying Nigeria, a market it says could host up to 100 stores, if it could only end its ban on the import of clothing.
By Michael Bleby 22 Nov 2010 11:00
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
The Parts Trader website, an online automotive directory in the US and Europe has launched in Ghana making available its processing server to customers and car parts suppliers in Africa
4 Oct 2010 10:46
The fully tenanted Princess Crossing Mall, situated in Ondekkers Road, Roodepoort, has been sold for close to R300 million to a West African investor - via a private property fund based in the Western Cape.
20 Aug 2010 08:39
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 08:43
JOHANNESBURG: APRM Capital and a grouping of Ghanaian investors plan to, in March 2010, launch APRM Ashanti Capital Money Transfers, a money transfer facility allowing Ghanaians living in South Africa a better method of sending money home.
25 Jan 2010 11:11
ACCRA: When you meet Naomi Aframea, 60, in the streets of Accra, you could take her for any other Ghanaian woman going about her business. But step into her stall at Agbobloshie Market, one of the capital's satellite markets, and amidst stacks of the wooden crates used to ship tomatoes, you sense her power.
8 Jul 2009 15:39
ACCRA: It looks like someone is not telling it as it is as far as meeting Ghana's Millennium Development Goals (MDG) on water supply is concerned.
By Francis Kokutse 11 May 2009 12:15
ACCRA: With cross-border price-undercutting, mounting debt and a lack of buyers, many tomato farmers in Ghana's Upper East Region are turning to suicide.
20 Apr 2009 10:23
A programme dubbed: ‘National Services Export Strategy', has been launched with the aim of exporting consultancy services, medical tourism, travel and leisure, education and other non-tangible and invisible services provided by Ghanaians abroad.
18 Nov 2008 11:23
The Ghanaian government, backed by the World Bank, is expanding a cash handout programme to help families hit hardest by global food price hikes. But some local development experts question whether the approach has lasting benefits.
30 Oct 2008 06:01
Olu Sawyerr, partner and leader, financial services industry, Deloitte West and Central Africa, has told Ghanaian banks that they risk possible extinction if they do not transform themselves into big players in the industry.
13 Oct 2008 11:05
The Ghana Export Promotion Council (GEPC) and the Centre for the Promotion of Imports from developing countries (CBI) of the Netherlands have signed a pact to boost non-traditional exports to countries in the European Union.
12 Feb 2008 06:29
The United States government plans to boost its trade links with Ghana and help the nation improve its education system, under the US President's Special Initiative on Educational Programmes.
22 Jan 2008 14:01
African leaders met recently in Accra for a three-day summit where they promoted the idea of a “Unitary Government for Africa”.
4 Dec 2007 11:39
The Managing Director of ARP Apex bank, Mr Emmanuel Kwapong has urged rural banks to employ persons with the requisite academic and moral back ground to management positions to meet the challenges of the banking industry.
28 Nov 2007 11:58
The government of President Umaru Yar'Adua says it is serious about tackling the root causes of violence and poverty in Nigeria's troubled Niger Delta with a ‘master plan' to develop the region and provide basic services.
20 Nov 2007 10:50
Ghanaians to have a taste of an electronic Visa credit card to carry out transactions.
By Emily Nyarko 10 Aug 2007 13:40
Ghana and the rest of Africa can make significant progress in developing high-tech export products' industry to boost trade if attention is given to the development of scientific and industrial research base.
By Emily Nyarko 10 Aug 2007 13:37
Only one African retailer other than those out of South Africa has achieved a world ranking - and that retailer is in Kenya.
By Carole Kimutai 20 Jun 2007 11:47
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