The Finance & Insurance community of Egypt

Hotels moving in on Africa's potential

Mon, 10 Jun 2013 11:39:00 +0200

With limited opportunities for expansion in SA, a slew of hospitality companies are eyeing the rest of the continent, for future growth as there is an under-supply of quality hotels and upbeat economic prospects.
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Africa must implement open skies policy

Wed, 05 Jun 2013 10:54:00 +0200

Improving safety‚ cutting fuel taxes and liberalising regulation to allow for greater connectivity between African countries are some of the key issues that must be tackled to boost aviation on the continent‚ International Air Transport Association's chief executive Tony Tyler said on Tuesday, (4 June)
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Africa is focus for international law firms

Tue, 04 Jun 2013 10:12:00 +0200

Expansion into Africa by the world's biggest law firms gathered steam on Monday (3 June) with the official tie-up between Norton Rose and Fulbright & Jaworski to form Norton Rose Fulbright.
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Japan offers US$10bn to Africa

Mon, 03 Jun 2013 10:26:00 +0200

TOKYO, JAPAN: Japan has pledged at least US$10bn in aid to Africa for the next five years as Tokyo prepares to host a major development conference for the resource-rich continent.
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Wind power to change Africa

Tue, 28 May 2013 10:49:00 +0200

Private investors smell profit in beefing-up the continent's over-stretched power grids and swarms of new wind turbines are soon expected to start going up.
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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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Egyptians want to ban booze sales

Mon, 20 May 2013 09:23:00 +0200

CAIRO, EGYPT: Egypt's liquor stores are under growing pressure to stop selling alcohol, they say, but the pressure is not from the country's Islamist government, but from society itself.
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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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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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Taxes hammering Africa's aviation

Mon, 22 Apr 2013 07:51:00 +0200

Government policies towards aviation in Africa tend to see it as an "elite" product‚ rather than as a critical component of the continent's economic infrastructure.
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