The Building & Construction community of Ghana

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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Billions must be spent on railways in Africa

Mon, 22 Apr 2013 07:35:00 +0200

Africa will need to spend more than US$50bn in the next decade on building 4,000km of additional rail infrastructure to unlock the mineral resource potential on the continent.
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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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Anglo American earnings down 55%

Mon, 18 Feb 2013 10:27:00 +0200

Resources group Anglo American PLC reported a 55% decline in underlying earnings per share to US 2.26 cents for the year ended December from 5.06 cents a year ago.
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Sanlam's sub-Saharan fund launches soon

Tue, 12 Feb 2013 08:42:00 +0200

Financial services group Sanlam is due to launch its sub-Saharan Africa Real Estate Fund at the end of March‚ which it intends to list on the Stock Exchange of Mauritius.
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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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KFC plans to add even more stores in Africa

Wed, 16 Jan 2013 09:19:00 +0200

YUM! Restaurants International continues to expand the footprint of its KFC brand on the African continent, with plans to add stores in Tanzania, Uganda and Zimbabwe this year, the company said on Monday (14 January).
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