The Investment Management community of West Africa

Beer sales keep SABMiller's profits flowing

Fri, 24 May 2013 07:51:00 +0200

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.
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Mr Price pays dividend of 398c a share

Thu, 23 May 2013 08:02:00 +0200

Retailer Mr Price on Wednesday (22 May) reported a 26% rise in diluted headline earnings per share to 584.8c - up from 464.5c in the previous year - for the 52 weeks ending in March.
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Obama's itinerary for his Africa trip

Tue, 21 May 2013 11:32:00 +0200

WASHINGTON USA: President Barack Obama will leave on a first African tour next month, visiting Senegal, Tanzania and South Africa, but his itinerary released on Monday (20 May) bypasses Kenya, an ancestral homeland.
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Hilton plans to boost African presence

Thu, 16 May 2013 08:38:00 +0200

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.
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AngloGold's focus on cutting costs

Tue, 14 May 2013 12:30:00 +0200

AngloGold Ashanti is gearing up to sell a second mine as the company deepens its focus on delivering value to shareholders in a difficult gold market‚ new chief executive Srinivasan Venkatakrishnan said on Monday (13 May).
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Time to unlock Africa's travel potential

Tue, 14 May 2013 11:56:00 +0200

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).
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State should own 50% of all Africa's mines

Mon, 13 May 2013 14:21:00 +0200

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.
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Cote D'Ivoire to evaluate MTN licence

Wed, 08 May 2013 10:17:00 +0200

MTN's shares was down as much as 2% on Tuesday (7 May) after Ivory Coast's government named it as one of five companies that risked losing their operating licences because of poor levels of service.
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MTN now has 195m subscribers

Fri, 26 Apr 2013 07:25:00 +0200

Mobile phone operator MTN has increased its subscriber numbers by 3.2% in the first quarter 2013 and now has 195.4m users of its service in 22 countries across Africa and the Middle East.
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Investment Africa launches in Nigeria

Thu, 25 Apr 2013 10:03:00 +0200

ABN Productions successfully hosted 'Investment Africa Nigeria', which took place at the Radisson Blu Anchorage Hotel in Lagos on 17 April 2013. The event saw captains of industry throughout Nigeria in attendance.
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