The Building & Construction community of Central Africa

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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Hard roads for Cargo Carriers

Thu, 16 May 2013 08:07:00 +0200

Cargo Carriers (CRG) raised its dividend 76.5% for the year to February after its logistics and transport related operations performed well in an operating environment of low economic growth and industrial relations interruptions.
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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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Transnet on the hunt for foreign contracts

Mon, 06 May 2013 07:41:00 +0200

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.
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Tsogo Sun spending US$100m in Africa

Thu, 25 Apr 2013 08:02:00 +0200

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.
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IMF forecasts 'solid growth' for Africa

Wed, 17 Apr 2013 09:47:00 +0200

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).
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Africa needs economic integration

Wed, 27 Mar 2013 09:40:00 +0200

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).
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Shoprite plans 136 new stores in Africa

Wed, 20 Feb 2013 07:43:00 +0200

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.
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UCT hopes its study will foster employment

Mon, 04 Feb 2013 08:46:00 +0200

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.
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Burundi gets $2bn from donors

Tue, 06 Nov 2012 11:17:00 +0200

GENEVA - Burundi has secured $2bn in aid from international donors after asking for help in financing its development programmes due to be completed over the next four years, the United Nations said this week.
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