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Shedding light on retail in Africa For retailers wanting to know how best to enter sub-Saharan Africa, a new study by global strategy consultancy firm A.T. Kearney shows that Rwanda, Nigeria, Namibia, Tanzania and Gabon occupy the top five places of the inaugural A.T. Kearney African Retail Development Index (ARDI). The ARDI is described as a useful framework for retailers because it not only identifies the markets in Africa most attractive for retail expansion today, but those that offer the most potential for the future. I guess it's true that two are better than one with a couple of new partnerships being established recently. In Nigeria, Smile Communications has partnered with Ericsson and has announced the launch of a 4G/LTE network on 800MHz spectrum in Ibadan and Lagos, while MTN has joined forces with Ecobank, enabling MTN Mobile Money users to withdraw cash from Ecobank ATMs as well as transfer money between their Mobile Money and Ecobank accounts. Finally, Hilton Rose reckons a company is worth more than just the sum of its physical assets in his piece Goodwill hunting - Building the value of your brand. Have a great week! Cheers! PS Take a look at the latest ads in the Ornico ad showcase.Comment online in our ed's column archive. Go mobile with apps and m.bizcommunity.com. Engage with us on Twitter, Facebook, LinkedIn and Google+. Subscribe to YouTube and via RSS. Send all your African marketing and media news and event invitations to africanews@bizcommunity.com, exclusive opinion pieces to contributors-africa@bizcommunity.com and international news to internationalnews@bizcommunity.com. Read "How to contribute to Biz, from op-ed pieces to news". | Today's top stories |
A new study designed to help large, organised retailers determine where and how to best enter sub-Saharan Africa's rapidly growing retail sector has been published by global strategy consultancy firm, A.T. Kearney. Read more >> | Paul Adepoju Smile Communications in Nigeria has announced the launch of a 4G/LTE network on 800MHz spectrum in Ibadan and Lagos, with Ericsson as the primary vendor. Read more >> | Hilton Rose Measuring the worth of a brand is more difficult than, let's say, the worth of your intellectual capital. So how do you do it? How much is your brand worth? Read more >> |
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 | Thabiso Mochiko MTN Business‚ is set to open more data centres in key markets where it operates as it rolls out its cloud services and video-conferencing to more markets. Read more >>
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 | This year's eLearning Africa, 28-30 May in Kampala, Uganda, will explore how technology is revolutionising learning and training across the continent, under the theme "Opening Frontiers to the Future". Read more >>
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 | The first five juries have been announced for the 61st Cannes Lions International Festival of Creativity, 15-21 June 2014, Palais des Festivals, Cannes, France. Read more >>
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 | With the new partnership between MTN and Ecobank, MTN Mobile Money users, who are also Ecobank customers in 12 African countries, will soon be able to withdraw cash from Ecobank ATMs as well as transfer money between their Mobile Money and Ecobank accounts. Read more >>
|  | Net1 Mobile Solutions (N1MS) and Supa Pesa has expanded its Advance Airtime African footprint with the launch of TeleKom Networks Malawi ("TNM") airtime credit service, Pasavute. Read more >>
|  | Issued by Channel Mobile Africa is open for business, and this, by all accounts, bodes well for players within the mobile marketing space. As a leading South African brand, Channel Mobile is leading the way by developing innovative platforms for real engagement across the African continent. Read more >>
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 | Analogue television sets could reportedly soon be phased out as the 17 June 2015 deadline for migration to digital broadcasting approaches. Read more >>
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|  | TOKYO, JAPAN: Japan's Toshiba has slapped South Korean rival SK Hynix with a lawsuit seeking damages claiming that it received sensitive trade secrets from a Japanese engineer. Read more >>
|  | WASHINGTON - US regulators conditionally cleared AT&T's US$4bn deal for Leap Wireless, which gives the telecommunications company more spectrum and the Cricket prepaid phone franchise. Read more >>
|  | PARIS, FRANCE: French consortium Vivendi said it was entering exclusive negotiations with Numericable to sell the cable operator its telecommunications unit SFR, shrugging aside France's industrial renewal minister's bid to scupper the cable operator's bid. Read more >>
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More International
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|  | The Howard G. Buffett Foundation; the Nature Conservation Trust (NCT); and South African National Parks (SANParks) have announced a R255 million, three-year initiative to combat rhino poaching in the Kruger National Park and test anti-poaching tactics that can be applied in other regions of Africa, where poaching can be a source of funding for armed groups. Read more >>
|  | Market expectation of a further 200 basis points increase in the repo rate this coming year is overdone, says Reserve Bank Governor Gill Marcus. Read more >>
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More Government news
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|  | Brian Berkman When I first heard that Orient-Express had rebranded as Belmond my immediate reaction was what a crazy and misguided waste of brand equity. When I think Orient-Express, I think Agatha Christie, Lalique art decor crystal panels, and the elegance and romance of a bygone area. Read more >>
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| The 4th ITI/Broadband Africa Summit will address the next infrastructure milestones in Africa and the means of shaping alternative strategies for organisations in areas with limited bandwidth. Read more >>Media ethicsInstitute for rhe Advancement of Journalism - 28 May 2014 Johannesburg | |
| Michael Korda "One way to keep momentum going is to have constantly greater goals." |
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