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Lesotho Highlands scheme gets the nod
[Linda Ensor] The R12bn phase two of the Lesotho Highlands Water Project (LHWP), which will secure a continued supply of water for SA and hydroelectric power for Lesotho, was approved in principle by the two countries this week. 17 May 2013 12:29
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
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
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
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
Transnet on the hunt for foreign contracts
[Nicky Smith] Transnet Engineering (TE), a unit of the state-owned freight and logistics company, is exploring new narrow-gauge markets in Latin America, South-east Asia and Australia in a bid to meet its growth targets, according to strategy and marketing general manager Thoba Majoka. 6 May 2013 07:41
SA's labour militancy hurts Botswana
[Nicholas Kotch] President Ian Khama of Botswana says labour militancy in South Africa and port congestion at Durban are putting bilateral trade in jeopardy. 16 Feb 2013 13:03
Africa needs economic integration
[Mariam Isa] African countries must integrate their economies in order to support a new wave of industrial development across the continent‚ Department of Trade and Industry Minister Rob Davies said Tuesday (26 March). 27 Mar 2013 09:40
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

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