The Finance & Insurance community of Southern 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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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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Lesotho Highlands scheme gets the nod

Fri, 17 May 2013 12:29:00 +0200

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.
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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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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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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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The importance of strong passwords

Fri, 03 May 2013 05:04:00 +0200

The dangers of using weak passwords have been illustrated time and time again, not only for home users but in corporate environments also. Social networking sites are often the first point of contact between users and companies, and special care should be taken to strengthen the security of social media accounts.
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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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People pay more to stay in hotels

Tue, 23 Apr 2013 12:33:00 +0200

People spent more on hotel and bed-and-breakfast accommodation in February and as a result, the total income for SA's tourist accommodation sector rose by 8.8% year-on-year according to Statistics SA's (Stats SA) tourist accommodation survey released on Monday (22 April).
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