Asia-Pacific region drives Aspen's revenue growth

[Tamar Kahn] SA's biggest drug manufacturer Aspen Pharmacare expects its Asia-Pacific business to generate the biggest share of the company's revenue by the end of the year‚ its chief executive Stephen Saad said at the release of its interim results for the six months to December. 8 Mar 2013 08:25

Chinese companies not favoured in Botswana

[Nicholas Kotch] If Ian Khama has any say in the matter‚ and he most certainly shall‚ Chinese companies may not be collecting many more government contracts in Botswana in the near future. 20 Feb 2013 10:49

Africa sales boost SA vehicle exports

[Alexander Parker] Vehicle exports from South Africa into the rest of Africa grew almost 20% last year‚ more than making up for a decline in sales to traditional‚ recession-hit markets in the European Union and the US. 20 Feb 2013 08:11

Anglo American earnings down 55%

Resources group Anglo American PLC reported a 55% decline in underlying earnings per share to US 2.26 cents for the year ended December from 5.06 cents a year ago. 18 Feb 2013 10:27

UCT hopes its study will foster employment

The University of Cape Town (UCT) has launched a three-year, pan-African study on how to foster youth entrepreneurship in order to tackle the scourge of youth unemployment on the continent. 4 Feb 2013 08:46

Rainbow Chicken tickles investors' taste buds

A new-look Rainbow Chicken is taking shape amid enthusiasm from investors who have boosted its share price by a third since November. Driving the change is Rainbow's R1bn acquisition of Foodcorp and a R3,9bn rights issue, setting the scene for more positive developments. 4 Feb 2013 08:12

Test pilots spread wings to Africa

Test pilots and flight test engineers from Denel Aviation are now taking their skills and experience to clients in countries across Africa. 1 Feb 2013 08:13

Opportunities open up for SA drug companies

[Tamar Khan] Sub-Saharan Africa offers significant opportunities for SA's pharmaceutical manufacturing companies‚ as a growing middle class and an increasing disease burden push up demand for medicines‚ according to research by Frost & Sullivan. 17 Jan 2013 10:13

SA hands over rail wagons to Botswana

Public Enterprises Minister Malusi Gigaba handed over 100 South African-made freight wagons to Botswana Rail on Tuesday (11 December). 12 Dec 2012 07:51

WTC Africa Initiative and Italy join hands in trade

Following a trade agreement reached between the World Trade Center Africa Initiative and Italy, business between Africa and Europe is set to receive a significant boost. The agreement will see business leaders from 12 African countries meet their Italian counterparts in on-site deal rooms next year, at the inaugural Afritalia Commerce Exchange. 12 Oct 2011 13:52

Uncertainty about transfer pricing rules in Africa a concern for foreign companies

Companies doing business in Africa face several uncertainties, including how tax authorities will handle transfer pricing (TP). It is vital that organisations prepare comprehensive documentation to demonstrate their application of the arm's length principle and the procedures followed. 5 Apr 2011 12:05

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

GM restructures African business, seeking growth

[Michael Bratt] 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. 23 Nov 2010 12:36