The Manufacturing community of North Africa

World Economic Forum on Africa poised for take off

Fri, 29 Apr 2011 10:40:00 +0200

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.
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SABMiller invests $15m more in Southern Sudan ops

Tue, 12 Apr 2011 13:57:00 +0200

Global brewing group SABMiller announced on Monday, 11 April 2011, that its subsidiary company, Southern Sudan Beverages (SSBL), was to invest an additional US$15 million in its operations in Southern Sudan to increase production capacity and build on the strong performance of its local brand portfolio.
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Uncertainty about transfer pricing rules in Africa a concern for foreign companies

Tue, 05 Apr 2011 12:05:00 +0200

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.
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Unemployment, inflation worries hit consumer confidence

Thu, 27 Jan 2011 11:00:00 +0200

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.
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GM restructures African business, seeking growth

Tue, 23 Nov 2010 12:36:00 +0200

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.
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Hisense builds sales in Africa

Wed, 26 Aug 2009 13:00:00 +0200

China's expansion programme into the African market is helping its companies grow their presence on the continent.
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