Africa growth high on Billion's agenda
Africa growth high on Billion's agenda

The Billion Group, a property developer that is also the asset manager of JSE-listed Rebosis Property Fund, has several significant developments underway in SA, and is simultaneously targeting retail developments on the rest of the continent, which may eventually be listed separately.

By Nick Hedley

Hotels moving in on Africa's potential
Hotels moving in on Africa's potential

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.

By Zeenat Moorad

Africa must make better use of resources
Africa must make better use of resources

Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May).

By Mariam Isa

Hilton plans to boost African presence
Hilton plans to boost African presence

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.

AngloGold's focus on cutting costs
AngloGold's focus on cutting costs

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).

By Allan Seccombe

Billions must be spent on railways in Africa
Billions must be spent on railways in Africa

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.

IMF forecasts "solid growth" for Africa
IMF forecasts "solid growth" for Africa

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).

Africa needs economic integration
Africa needs economic integration

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).

By Mariam Isa

Shoprite plans 136 new stores in Africa
Shoprite plans 136 new stores in Africa

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.

By Zeenat Moorad

Anglo American earnings down 55%
Anglo American earnings down 55%

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.

Sanlam's sub-Saharan fund launches soon
Sanlam's sub-Saharan fund launches soon

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.

By Nick Hedley

UCT hopes its study will foster employment
UCT hopes its study will foster employment

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.

KFC plans to add even more stores in Africa
KFC plans to add even more stores in Africa

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).

By Zeenat Moorad

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