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Hilton plans to boost African presence
Hilton Worldwide has expanded its product offering in SA over the past six months and the US-based group intends to increase its presence in Africa‚ according to vice-president of operations for Africa and the Indian Ocean‚ Jan van der Putten. 16 May 2013 08:38
Time to unlock Africa's travel potential
The South African Tourism Indaba should expand its platform by attracting even more exhibitors and buyers from the African continent, Tourism Minister Marthinus Van Schalkwyk said on Sunday (12 May). 14 May 2013 11:56
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
Stanlib to develop malls in Nigeria, Kenya
Stanlib is planning to open its Stanlib Africa Direct Property Development Fund in May or June, as it seeks to capitalise on Africa's growing retail sector. 26 Mar 2013 08:23
Tsogo Sun spending US$100m in Africa
In line with its growth strategy‚ Tsogo Sun has announced an investment of US$100m to be used to expand the group's hotel network in Africa. 25 Apr 2013 08:02
Truworths profit of R1,9bn in six months
Fashion retail group Truworths International on Wednesday (20 February) reported a 19% increase in diluted headline earnings per share to 324.8 cents for the six months to December. 21 Feb 2013 08:18
KFC plans to add even more stores in Africa
[Zeenat Moorad] YUM! Restaurants International continues to expand the footprint of its KFC brand on the African continent, with plans to add stores in Tanzania, Uganda and Zimbabwe this year, the company said on Monday (14 January). 16 Jan 2013 09:19
Loss of commercial farmers hurts SA
It is "worrisome" that South Africa is losing many of its commercial farmers to countries to the north of it, academic and businesswoman Mamphela Ramphele said on Sunday (24 March). 25 Mar 2013 11:57
Sanlam's sub-Saharan fund launches soon
[Nick Hedley] Financial services group Sanlam is due to launch its sub-Saharan Africa Real Estate Fund at the end of March‚ which it intends to list on the Stock Exchange of Mauritius. 12 Feb 2013 08:42
PPC buys Rwanda cement producer
PPC has bought a 51% stake in cement producer Cimerwa Limited of Rwanda for US$69.4m. Cimerwa‚ in south-western Rwanda‚ has been the country's only cement producer for 28 years‚ PPC said on Wednesday (12 December). 13 Dec 2012 07:55

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