Shipping vital for international trade

[Helmo Preuss] Two conferences held in Cape Town last week highlighted the fact that about 90% of all trade between countries is shipped by sea. 22 Apr 2013 10:00

Billions must be spent on railways in Africa

Africa will need to spend more than US$50bn in the next decade on building 4,000km of additional rail infrastructure to unlock the mineral resource potential on the continent. 22 Apr 2013 07:35

IMF forecasts "solid growth" for Africa

Economies in sub-Saharan Africa will ride out the bumpy global recovery in the next few years to post growth rates not seen outside Asia, the IMF said in its latest economic forecasts Tuesday (16 April). 17 Apr 2013 09:47

Van Zyl to head Toyota's Africa drive

A global management shakeup at Toyota Motor Corporation has hit African shores, with local Toyota chief Johan van Zyl called in to head the new position of chief executive of Toyota's operations across Africa 9 Apr 2013 10:56

Africa's growth driven by SA

[Schalk Mouton] Although Africa made huge strides in increasing human development in the past decade, gains could - with hundreds of millions of people being pushed into extreme poverty - easily be reversed should "significant progress" not be made in halting global warming. 20 Mar 2013 10:37

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

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

Huawei, Microsoft for Africa

NEW YORK, USA: Microsoft announced on Tuesday (5 February) that it had teamed up with Chinese manufacturer Huawei to launch an affordable smartphone across Africa. 6 Feb 2013 06:48

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

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

Lagarde says global uncertainty limits Africa growth

[Ntsakisi Maswanganyi] Continued global uncertainty‚ coupled with internal factors such as drought and associated food shortages‚ threaten Africa's economic growth prospects‚ warns International Monetary Fund's (IMF) managing director Christine Lagarde. 8 Jan 2013 10:48

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