Rainbow Chicken raises R3,9bn

[Zeenat Moorad] Rainbow Chicken successfully raised R3.9bn through a rights issue‚ the company said on Monday, 4 March 2013. 5 Mar 2013 06:44

Mobile money could encourage savings

[Helmo Preuss] Research in northern Ghana funded by SWIFT (Society for Worldwide Interbank Financial Telecommunication) showed that mobile money can help foster a savings culture and address financial exclusion. 27 Feb 2013 07:33

Nampak optimistic over Africa growth

Packaging conglomerate Nampak's share price has stuck fairly close to its 12-month high in spite of increasing evidence of tempered consumer demand for fast-moving consumer goods. 25 Feb 2013 10:12

Shoprite plans 136 new stores in Africa

[Zeenat Moorad] Shoprite Holdings is steamrolling ahead with its African expansion - the retailer has 136 stores in the pipeline as it eyes fast growing oil-rich markets like Nigeria and Angola. 20 Feb 2013 07:43

MoneyGram remittance costs are just 5%

MoneyGram remittance costs are 5% or less depending on the size of the transaction‚ MoneyGram's Vice President for Africa Hervé Chomel told a media roundtable on Thursday (7 February). 8 Feb 2013 10:45

Rainbow Chicken buys stake in Zam Chick

[Zeenat Moorad] Rainbow Chicken will buy a 49% stake in Zambian chicken producer, Zam Chick - owned by Zambeef - for US$14.25m‚ the company said on Monday (4 February). 5 Feb 2013 06:50

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

Zambia takes three zeros off notes

LUSAKA, ZAMBIA - Zambians on Tuesday (1 January) woke up to a new year and new bank notes, which lop off three zeros in a bid to address high inflation that made the currency cumbersome to work with. 2 Jan 2013 11:48

Bizcommunity.com

Biz Charity Challenge: let's all help together

[Issued by Bizcommunity.com] With the festive season fast approaching, Bizcommunity.com would like to challenge our readers, clients and partners to think of those less fortunate. Help us raise funds, bedding and toys for our two chosen charities and the company raising the most will be given two free press office releases for the festive season, in the industry of your choice, to promote whatever you like. 1 Nov 2012 08:22

Business opportunities for Africa

Africa, previously the poster child for poverty, famine, disease, decaying infrastructures, corruption, conflict, crime and brutal violence, is now a continent where wise investments can offer high rates of return, as the 54 different nations that inhabit it enjoy a prolonged spurt of economic growth. Its vast mineral wealth, together with the infrastructural developments taking place, have made Africa increasingly attractive to foreign investment. 31 Oct 2012 09:53

Bizcommunity.com

How to contribute to Bizcommunity, from op-ed pieces to news

[Issued by Bizcommunity.com] Bizcommunity.com has now expanded its operations into 16 new sectors and will soon venture into another 17, providing a whole new range of target audiences for advertisers. The most critical aspect of this is the quality of content and this is a formal invitation to you to become a recognised contributor on Bizcommunity. 3 Oct 2011 14:57

Investment conference focus on development on Africa

The 6th Columbia International Investment Conference, entitled "The Resource Boom and FDI in Africa: new players, new opportunities, a new agenda for development", will take place at Columbia University, New York, from 26-27 October 2011. 26 Sep 2011 10:38

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