State should own 50% of all Africa's mines

[Paul Vecchiatto] African governments should own at least a 50% of any new mining venture in order to ensure that the country gets more of the revenue from mining projects. 13 May 2013 14:21

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

Agriculture offers real growth potential

[Helmo Preuss] Although structural impediments such as poor logistics render the search for new avenues of deeper intra-African trade challenging‚ there is an immediate and compelling growth potential in the trade of agricultural products‚ Standard Bank research analyst Simon Freemantle said last week. 22 Apr 2013 13:24

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

BlackBerry wants SA app developers

BlackBerry is investigating opportunities to support local mobile software applications (apps) developers in Africa, in a bid to attract more customers and claw back market share, the local company claims. 2 Apr 2013 07:23

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

GE eyes Transnet tender for diesel locomotives

[Siseko Njobeni] General Electric (GE) Transportation‚ which manufactures equipment for the railroad‚ marine‚ mining‚ drilling and energy generation industries‚ is eyeing Transnet's tender for 465 diesel locomotives‚ Tim Schweikert‚ GE Transportation chief executive for sub-Saharan Africa and China said this week. 14 Nov 2012 13:35

Beer sales keep SABMiller's profits flowing

[Zeenat Moorad] Prospering from emerging markets such as Africa‚ SABMiller on Thursday (23 May) reported a 10% increase in group revenue to US$34.5bn for the year to March. 24 May 2013 07:51

Ugandans get 4G connections

[Thabiso Mochiko] MTN said last week it had launched its long-term evolution (LTE) or 4G network in Uganda, making it the first mobile operator in that country to do so. 29 Apr 2013 11:03

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

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

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

Spurred by 35.3% earnings growth

Franchise restaurant group Spur Corporation last week reported diluted headline earnings per share of 89.91c for the six months ended December‚ up 35.3% from the previous period. 11 Mar 2013 06:59