SA, Qatar strengthen relations

Infrastructure development between South Africa and Qatar is set to intensify in the future. This emerged after a meeting between President Jacob Zuma and Sheikh Hamad bin Khalifa Al-Thani in Doha during a visit by Zuma, who stopped over in Qatar earlier this week while en route to the World Economic Forum, set to take place in Davos. 26 Jan 2012 08:16

Uncertainty about transfer pricing rules in Africa a concern for foreign companies

Companies doing business in Africa face several uncertainties, including how tax authorities will handle transfer pricing (TP). It is vital that organisations prepare comprehensive documentation to demonstrate their application of the arm's length principle and the procedures followed. 5 Apr 2011 12:05

WTC Africa Initiative and Italy join hands in trade

Following a trade agreement reached between the World Trade Center Africa Initiative and Italy, business between Africa and Europe is set to receive a significant boost. The agreement will see business leaders from 12 African countries meet their Italian counterparts in on-site deal rooms next year, at the inaugural Afritalia Commerce Exchange. 12 Oct 2011 13:52

Asia's 2011 optical industry looking good

SINGAPORE: Over 90% of optical retailers across six Asian markets are optimistic that the industry will continue to do well, if not better next year. 3 Nov 2010 11:19

China puts its mark on Malawi

[Claire Ngozo] Driving through Malawi's capital, Lilongwe, it is difficult to miss the imposing building under construction in the city centre. It's the country's first five-star hotel, US$90 million worth of well-appointed rooms, a state-of-the-art conference centre and 14 opulent presidential suites. 28 Apr 2011 09:47

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

Shared battery technology may up demand for electric cars

The McGill Daily reports that Hydro-Québec, a Montreal-based, government-owned public utility that is responsible for the generation, transmission and distribution of electricity across Quebec, and Technifin, a subsidiary of the South African Council for Scientific and Industrial Research (CSIR), have agreed to share the intellectual property (IP) rights to their respective lithium-based technologies. 2 Nov 2011 07:05

Branded pharmaceutical websites drive conversions among prospects and patients

RESTON, US: comScore, Inc, a leader in measuring the digital world, has released results from its fifth annual Online Marketing Effectiveness Benchmarks for the Pharmaceutical Industry. The study supports previous findings that exposure to online display advertising and branded websites provides a positive lift in awareness and favourability toward pharmaceutical brands. Visitation to branded websites also continues to provide the most significant lifts in prospect conversion and patient refills. 22 Mar 2011 08:55

SABMiller buys Argentine brewer

SABMiller on Wednesday announced its entry into the Argentine market after agreeing to buy CASA Isenbeck from German rival Warsteiner Group for an undisclosed sum. 25 Nov 2010 11:38

Bajaj launches new ultra-low-cost car

NEW DELHI, INDIA: Indian manufacturer Bajaj Auto unveiled an ultra-low-cost car on Tuesday 3 January, its first foray into the four-wheel market, pitching the vehicle as a solution to urban pollution and congestion. 6 Jan 2012 08:41

SA crude steel production falls 13.7%

South African crude steel production fell 13.7% year on year in November to an estimated 550 000 metric tons, latest figures from the World Steel Association reveal. 6 Jan 2012 07:25

Kaspersky Lab announces TAG Heuer partnership

Kaspersky Lab, a leading developer of secure content and threat management solutions, has announced a new collaboration with TAG Heuer, the Swiss luxury watchmaker, which, in cooperation with ModeLabs Manufacture, has launched its first luxury touchscreen smartphone TAG Heuer LINK, operating on Android. 1 Dec 2011 11:54

World Economic Forum on Africa poised for take off

GENEVA, SWITZERLAND / CAPE TOWN, SA: The World Economic Forum has announced that more than 900 participants from 60 countries will participate in the 21st World Economic Forum on Africa in Cape Town, South Africa, 4-6 May 2011. Jacob G. Zuma, president of South Africa, will host the meeting, where participants will gather to deliberate under the theme From Vision to Action, Africa's Next Chapter. 29 Apr 2011 10:40