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Zambia Mine Workers Fear Job Loss As Gov’t Is Pressured To Reverse Tax Hike
Barrick Gold Corp and First Quantum Minerals Ltd — two Canadian mining companies —are holding their breath as the Zambian government is being asked to reverse a royalty mine hike. The companies are two...
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Aliko Dangote Invests Additional $2 Bln In Nigerian Refinery
Written by Felix Omondi | From Innov8tivEconomists predict a slowdown in Nigeria’s economy, but this is not about to slow down Africa’s richest entrepreneur Aliko Dangote. He is gearing up to invest an...
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New York Of Africa: Work Begins On South Africa’s $7.2B Smart City
From SouthAfrica.info Construction has begun on a Chinese-financed R84-billion ($7.24 billion) city in Modderfontein, eastern Johannesburg, The Star reported last week. Work on the first set of 300...
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Guide To Gauteng Province, South Africa
Gauteng – which means “place of gold” in the Sotho language – started out as a small gold mining town in the late 1800s, and since has grown to a thriving province of more than 12 million people from...
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Rising African Film Industries: The Nollywood-South Africa Axis
Africa’s movie industry has grown tremendously in recent years led by increased commercial production in Nigeria and South Africa. While South Africa boasts more dynamic relationships with the world’s...
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Tunisia Joins African Debt Train With $1.75B Bonds, Sukuks In 2015
From Reuters via Ventures Africa Tunisia has announced today that it will issue $1.75 billion of dollar-denominated bonds and Islamic sukuks in 2015 as it seeks funds to revive economic growth. “We...
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AngleHub Ventures Invests $1.7M In Five S.A. Startups In 2014
Written by Tom Jackson | From Disrupt Africa South African venture capital (VC) fund AngelHub Ventures invested almost ZAR20 million (US$1.7 million) in five startups in 2014 despite appearing to have...
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Will Private Investors Save South Africa From Power Blackouts?
South Africa’s business competitiveness came under pressure in the third quarter of 2014 as the country’s state owned electricity company Eskom announced that it will initiate a rolling blackout...
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African Business Flops Where Investors Lost Their Shirts In 2014
From Mail&GuardianLAST year countries across Africa managed to successfully complete a handful of economically significant projects which we covered a couple of weeks ago. But where some rise, some...
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How Kenya Airways Is Stepping Into SME Entrepreneurship
From Standard Media National carrier Kenya Airways has opened a ultra-modern retail shop at Nairobi’s populous downtown Tearoom in a bid to deepen its sales base. The new shop is expected to ease...
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12 Golf Courses In South Africa That The Pros Made (Or Played)
So you’ve decided to take a trip to South Africa and play some golf. South African golf pro Gary Player won nine major golf tournaments including 24 total PGA Tour wins. Golfers Bobby Locke, Ernie Els,...
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Why Activists Kicked Off The “Where Is PayPal” Campaign In Tunisia
Online shopping, an activity which is enjoyable and simplistic for most with an internet connection presents an unlikely hurdle for shoppers in Tunisia. With the Tunisian Dinar being a closed currency...
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Retailer Choppies Eyes Zambia, Tanzania In 2015 Expansion Strategy
Botswana based multinational grocery and general merchandise retailer Choppies, which has stores in three Southern Africa countries, is looking to expand into Zambia and Tanzania in 2015, its Chief...
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Kenya’s New Car Sales At Record High As Middle Class Demand Grows
From Business Daily Rising demand for luxury cars and increased orders for commercial vehicles pushed new motor vehicles sales to a record high last year, reflecting wealthy Kenyans’ growing penchant...
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Africa M&A Deal: Ethiopian Airlines Eyes Stakes In Rwanda, Congo Carriers
Written by Aaron Maasho | From Reuters Ethiopian Airlines is in talks with Rwanda and the Democratic Republic of Congo to purchase stakes in their carriers and manage them, its chief executive told...
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Mauritius-Based New Frontier Properties Eyes Listing On Johannesburg Exchange
From MoneyWeb JSE-listed property investors will soon get access to developing markets outside South Africa, as the Mauritius-based New Frontier Properties (New Frontier) eyes a listing on the local...
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Huge Election Spending Expectations Push Ugandan Debt Yields Higher
By Elias Biryabarema | From Reuters Expectations that Uganda will spend more than planned in the run up to an election due in early 2016, pose risks for investors who are demanding higher returns to...
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African Entrepreneurs Cash In On Growing Consumer Demand
A crop of new generation entrepreneurs are reaping from the increasing consumer demand across the continent as driven by a growing middle class. CCTV Africa looks at a number of business ventures that...
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Off The Radar: Western Madagascar’s Top Three Fly-In Resorts
Grab a map of the Western Madagascar coast between Mahajanga in the south and Diego Suarez in the far north, and you’ll see just how empty this portion of the island’s indented coastline is. This is a...
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World’s Biggest Maker Of SIMs, Gemalto Expands In Africa
International digital security company Gemalto plans to open an office in Abidjan, Côte d’Ivoire, adding to offices and partnerships it has in Burkina Faso, Gabon, Ghana, Kenya, Morocco, Nigeria and...
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