Laine Barnard
The story of the African consumer

Trying to define the average African consumer is near impossible. Tastes and shopping habits are unique to each country, with differences found between regions and even cities within a country.

By Laine Barnard

Gregory Gondwe
Malawi asks US to soften AGOA conditions

Malawi's position paper presented at the 10th African Growth and Opportunity Act (AGOA) forum in Lusaka, Zambia has asked the US government to simplify its import approval procedures - without in any way sacrificing safety - in order to facilitate greater trade from Africa.

By Gregory Gondwe

Intelsat wins new contracts
Intelsat wins new contracts

LUXEMBOURG: Intelsat SA, one of the world's leading providers of fixed satellite services, recently announced a series of new contracts with media customers using the company's leading video neighbourhoods.

Entries invited: Travel and Tourism Film & Video Awards
Entries invited: Travel and Tourism Film & Video Awards

Southern Africa's Travel and Tourism Film & Video Awards is in full preparation mode. The organisers are calling for entries from southern African film and video makers as well as from travel and tourism product owners.

Kraft Foods 'double in five' plan looks to Africa

Kraft Foods SA on Monday, 28 March 2011, said it had invested R160 million in a pilot skills programme in its sub-Saharan African operations as it positioned itself to double its revenue in five years in an increasingly competitive fast-moving consumer goods (FMCG) market.

By Zeenat Moorad

Judging panel announced for 2011 Diageo Awards
Judging panel announced for 2011 Diageo Awards

LONDON: The panel of judges has been announced for the eighth Diageo Africa Business Reporting Awards set to take place on 30 June 2011. The annual awards aims to encourage more prolific reporting of economic opportunities in Africa and to celebrate excellence in business journalism.

Unemployment, inflation worries hit consumer confidence
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.

The Banker names Standard Bank best in Africa
The Banker names Standard Bank best in Africa

The Banker, a global banking and finance industry journal, has named Standard Bank 2010's Best Bank in Africa and best bank in South Africa, Lesotho, Malawi, Uganda and Zimbabwe.

GM restructures African business, seeking growth
GM restructures African business, seeking growth

General Motors (GM) has announced a new strategy for African business, which it hopes will allow GM to capitalise on the growing opportunities around the continent.

By Michael Bratt

Refugees can now own bank accounts
Refugees can now own bank accounts

Refugees and asylum permit holders in South Africa will from now on be able apply for bank accounts in the country, the Home Affairs Department announced on Thursday, 11 November 2010.

Hope for full global economic recovery in 2010 diminishes
Hope for full global economic recovery in 2010 diminishes

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.

Game still in the pink of health
Game still in the pink of health

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.

SAITEX business briefing conference

SAITEX (The Southern African International Trade Exhibition) is offering a half-day workshop that is a business briefing for suppliers of goods and services looking to enter the southern and eastern African markets, as well as interested investors for these markets. The briefing takes place on 27 July 2010 at the Gallagher Convention Centre, Midrand.

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