CNBC Africa opens office in Mozambique

CNBC Africa, a CNBC International franchise owned by Africa Business News, has entered into a joint venture with Mozambique's state broadcaster, Televisão de Moçambique (TVM), and will open a bureau in Maputo. CNBC Africa's country bureau representative will be Sunnyboy Mshengu. 24 May 2012 11:35

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. 27 Oct 2010 06:22

Emerging markets pay dearly for broadband

[Published by Ovum, part of the Datamonitor group] LONDON, UK: Consumers living in emerging markets are paying up to three times more for broadband than their mature market counterparts, according to Ovum. 20 Sep 2010 10:11

African investment in Princess Crossing Mall

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

Worldwide web... it's a woman's world

RESTON, US: comScore, Inc yesterday, 29 July 2010, released a global report on women's online usage titled, Women on the Web: How Women are Shaping the Internet, which provides an in-depth analysis of the female Internet user, highlighting key trends by Internet activity, worldwide region and digital channel. 29 Jul 2010 10:46

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. 19 Jul 2010 08:43

Global mobile advertising industry grows by 61% in Q2

SINGAPORE: BuzzCity, the global mobile media company, on 6 July 2010 released the results of its Global Mobile Advertising Index for Q2 2010, with South Africa in fourth place, sporting an impressive 65% increase in ad banners served, while Kenya reported a massive 243% increase for the period. The Kenya growth, while impressive was the third largest growth percentage after Vietnam, which reported a 273% increase. Meanwhile Ghana showed a massive 654% growth rate, although it was off a low base. 7 Jul 2010 13:16

Fuel retailer blames government inefficiency for losses

[Imon Mundy] NIGERIA: Oando, Nigeria's biggest fuel retailer, blamed government inefficiency for a 15% decline in turnover in the year to December, as “uncertainties” surrounding deregulation exacerbated the effect of higher borrowing costs. 13 Apr 2010 12:30

Censoring kids' advertising

[Vivian Warby] Retailers, manufacturers and fast food outlets will, by mid next month, have a self regulatory policy in place when it comes to advertising their products to children. 25 Jul 2007 09:21

Learn tourism from Nigeria, Mozambique, Angola at HICA

Hospitality Investment Conference Africa (HICA) will take place from 4 - 6 November 2009 at the Sandton Sun and, among other topics, is supposed to offer new and unique insights into some key African destinations: Mozambique, Nigeria and Angola. 14 Oct 2009 10:34

Perils of branding internationally: NIGAZ blunder

[Darren Olivier] Thinking of taking your business international? Take a moment to consider the latest brand blunder caused by the name the new joint venture between Russian energy giant Gazprom and the Nigerian state oil company - to be called NIGAZ, and then contact your branding advisors. 20 Jul 2009 08:41

MTN launches Mobile Money offering in Ghana

MTN on Thursday, 23 July 2009, said it has launched its Mobile Money offering in Ghana. 24 Jul 2009 14:36

High import tariffs holds up growth

[Michael Appel] High import tariffs, trade barriers and a culture of protectionism impedes economic growth, says Department of Trade and Industry Director General Tshediso Matona. 28 Jul 2008 12:35