The Retail community of Ghana

Consumer Confidence Survey: Economy again top global concern

Wed, 09 Nov 2011 09:36:00 +0200

NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
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Africa's five major trends for potential growth

Fri, 07 Oct 2011 09:56:00 +0200

Population growth, rapid urbanisation, adoption of new technologies, unlocking of abundant resources and the deepening of the financial sector are the five major trends that are set to drive Africa's economic growth, Simon Freemantle, Standard Bank Africa senior analyst, told a media roundtable in Johannesburg, South Africa, yesterday, Thursday 6 October 2011.
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Ching ching for Zim's Nandos, Chicken Inn

Mon, 12 Sep 2011 12:42:00 +0200

Cash is proving to be king for fast food operator, Innscor Africa, which runs franchise outlets for Nando's, Chicken Inn and Steers counters mainly in Zimbabwe, Zambia, Kenya and Ghana.
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Retail giants pioneer shopping mall culture in Africa

Fri, 08 Jul 2011 09:46:00 +0200

New retail precincts across Africa are not only changing consumers' buying behaviour but also changing their social behaviour. Malls provide a venue for consumers to congregate and they're doing this in preference to other social activities.
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Dulcé Café pushes into Africa

Tue, 14 Jun 2011 10:41:00 +0200

With the need for resources from developing countries such as China and India, coupled with the discovery of oil within more and more African countries, the economies of African countries are set for major short and medium-term growth. Based on this growth, Dulcé Café is currently launching an expansion of the franchise chain into Saudi Arabia, Ghana, Nigeria, Tanzania, Botswana and Angola.
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Intelsat wins new contracts

Thu, 14 Apr 2011 10:56:00 +0200

LUXEMBOURG: Intelsat SA, one of the world's leading providers of fixed satellite services, recently announced a series of new contracts with media customers using the company's leading video neighbourhoods.
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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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Kraft Foods 'double in five' plan looks to Africa

Tue, 29 Mar 2011 08:42:00 +0200

Kraft Foods SA on Monday, 28 March 2011, said it had invested R160 million in a pilot skills programme in its sub-Saharan African operations as it positioned itself to double its revenue in five years in an increasingly competitive fast-moving consumer goods (FMCG) market.
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Judging panel announced for 2011 Diageo Awards

Tue, 15 Mar 2011 10:37:00 +0200

LONDON: The panel of judges has been announced for the eighth Diageo Africa Business Reporting Awards set to take place on 30 June 2011. The annual awards aims to encourage more prolific reporting of economic opportunities in Africa and to celebrate excellence in business journalism.
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Shoprite competition closes in

Mon, 28 Feb 2011 09:30:00 +0200

"Shoprite has taken advantage of the strong rand to invest in a lot of real estate in Africa by opening 16 additional stores in Nigeria this year and planning three new stores in Ghana," says Shoprite CEO Whitey Basson.
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