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Business in Africa

SBS Tanks

By: Zandile Mavuso     4th August 2017 As a proudly ISO 9001:2008 accredited company, tank manufacturer SBS Tanks is truly an industry leader in liquid storage not only in sub-Saharan Africa, but in the rest of the continent as well. 

Company expands in key African markets

By: Robyn Wilkinson     5th May 2017 Despite challenging macroeconomic headwinds causing a slowdown in consumer spending in many African markets in 2016, packaging company Nampak remains confident of the demographic fundamentals underpinning long-term packaging growth on the continent. 

Company expands in key African markets
ANDRE DE RUYTER Nampak aims to uphold good relationships with all relevant authorities and contribute meaningfully to the manufacturing sector in the African countries in which it operates

Report identifies key areas for growth in Africa

By: Robyn Wilkinson     5th May 2017 Well-balanced economies that have shown steady performance over an extended period present key opportunities for growth and development in Africa, while those with high political risk will continue to fail to instill confidence in foreign direct investors, says trade credit insurer Coface. 

Intra-African trade and investment to drive long-term development

By: Robyn Wilkinson     5th May 2017 While the current reality is that many African countries have become reliant on foreign direct investment (FDI) to implement their development plans, the longer-term goal should be for these countries to become self-sufficient, says Thomson Reuters Africa corporates and partnerships head Kamal... 

Intra-African trade and investment to drive long-term development
PROMOTING ECONOMIC GROWTH African countries need to become more self-sufficient, relying on a network of neighbouring countries and regional trade blocks to support their growth

Company to extend financial services into East and West Africa

By: Robyn Wilkinson     5th May 2017 As part of its strategic ambition to position itself as a leading Pan-African financial services leader, specialised financial services group Alexander Forbes is exploring opportunities for expansion in East and West Africa, as well as further afield in greenfield countries such as Morocco. 

Economic uncertainty affects African imports

By: Robyn Wilkinson     5th May 2017 As global economic volatility places pressure on importers in many African countries, more businesses are investigating the option of trade finance, currently regarded as a broader import finance solution rather than just a transactional one, says South African import transaction specialist... 

Economic uncertainty affects African imports
ADAM ORLIN Companies cannot afford to fall into a routine when it comes to the latest market developments

Wireless communication to drive economic growth in Africa

By: Robyn Wilkinson     5th May 2017 Large-scale information communication technology (ICT) investment can play a crucial role in fuelling gross domestic product growth through increased economic activity, innovation and productivity, but government, the private sector, donors and civil society need to take bolder steps to... 

Wireless communication to drive economic  growth in Africa
IMPROVED CONNECTIVITY Foreign direct investment and improvements to telecommunications infrastructure have spurred a boom in information communication technology spending in Africa

High potential for investments in Africa

By: Simone Liedtke     14th October 2016 The African continent, as an emerging and relatively underdeveloped market, displays a significant lag in investment, particularly in primary sectors such as infrastructure. This presents a unique opportunity for investors with a focused approach wanting to generate superior returns, says private... 

High potential for investments in Africa
INFRASTRUCTURE INVESTMENT Africa displays a significant lag in investment, particularly in primary sectors such as infrastructure

Growing demand in Africa for knowledge & education

By: Simone Liedtke     14th October 2016 SUSE Enterprise Linux is in the process of training and educating its African region partners, such as South Africa, Nigeria, Kenya and Botswana, to apply new open-source technologies efficiently in Africa. 

Growing demand in Africa for knowledge & education
SANDER HUYTS The SUSE Linux system is operational and secure so that all enterprises can use it

Innovation to provide solutions for African businesses

By: Simone Liedtke     14th October 2016 Businesses in Africa are facing a variety of challenges, which has led professional services firms like KPMG to constantly invest in innovative products to provide solutions for businesses. 

Innovation to provide solutions for African  businesses
BENSON MWESIGWA To date, KPMG has delivered 85 000 l of water as part of Operation Hydrate

Hard currency availability a challenge for cross-border trade in Africa

By: Simone Liedtke     14th October 2016 An issue that has come into sharp focus for businesses in Africa is the shortage of available hard currency as most capital projects on the continent tend to be funded in US dollars although they may generate their revenue in local currency, says Export Credit Insurance Corporation of South... 

Hard currency  availability a challenge for cross-border  trade in Africa
MANDISI NKUHLU The company enables export trade from South Africa to the rest of the world and also supports cross-border investments

Wireless infrastructure prominent growth enabler for African continent

By: Simone Liedtke     14th October 2016 With noticeable developments regarding unified policies in the African Union, wireless vendor Ruckus Wireless believes that the key goal of an Africa-wide standardised telecommunications policy should be to stimulate growth by springboarding Africa into a position that would allow for much easier... 

Health strategy envisions African expansion

     29th April 2016 The global public health (GPH) strategy of multinational medical and global public health organization Johnson & Johnson (J&J) will be implemented in South Africa from where it will be taken further into Africa. 

Health strategy envisions African expansion
CAPE TOWN The first J&J public health operation facility in Africa has been built in Cape Town, in South Africa

Africa’s growth potential showing consistency

     29th April 2016 Economic growth in Africa is expected to average over 4% in the next five years, according to accountancy and finance body the Institute of Chartered Accountants in England and Wales (ICAEW).  

Volvo transfers Moroccan operations to SMT

     29th April 2016 Vehicle manufacturer Volvo Construction Equipment (Volvo CE) has announced that it is separating its business within Volvo Maroc SA to a long-standing West and Central Africa distribution partner SMT group. 

Job creation, energy cost reduction key to achieving AU vision

     29th April 2016 In order to achieve the African Union’s (AU’s) vision of an integrated, prosperous and peaceful Africa, driven by its own citizens and representing a dynamic force in the global arena by 2063, it is imperative to source innovative means to reduce the costs of sustainable energy and mobility and,... 

Job creation, energy cost reduction key to achieving AU vision
PPC CEMENT The modernisation of the industry will help drive growth in Africa

Barloworld expands into Southern Africa

     29th April 2016 Machinery and global brands distributor Barloworld Equipment group has invested $14-million in its equipment operations in the city of Kitwe, in Zambia.  

S African suppliers penetrate African market

     29th April 2016 Global flooring tile producer Interface is using the resources of its South African suppliers to spearhead an intensified marketing drive into sub-Saharan Africa, says Interface director Julien Fanton. 

S African suppliers penetrate African market
JULIEN FANTON Interior designers are using Interface floor tiles when working in Africa

SA quantity surveyors should look to Africa for new projects

     29th April 2016 Project management company Synergy Property Solutions (Synergy) says South African quantity surveyors should expand their operations to include African countries, as there are vast business opportunities in Africa, and it can assist them overcome the cyclical slumps in the South African economy. 

Business opportunities in Africa outweigh risks – JCCI

By: Pimani Baloyi     8th May 2015 The opportunities for companies to prosper in Africa far outweigh the risks associated with doing business on the continent, says Johannesburg Chamber of Commerce and Industry (JCCI). This is because several African countries are showing commitment to addressing challenges, such as infrastructure... 

Business opportunities in Africa  outweigh risks – JCCI
FAY MUKADDAM Companies need to understand the business environment of a prospective African country in which they aim to conduct business

Agriculture-equipment suppliers shift focus north of South Africa

By: Pimani Baloyi     8th May 2015 In the past six to twelve months, there has been an increase in international and South African agriculture-equipment suppliers establishing branches in many sub-Saharan African countries, as opposed to catering for the continent from South Africa, says international credit insurer Coface. Coface... 

Agriculture-equipment suppliers shift focus north of South Africa
Photo by Bloomberg
AGRO-ECOLOGICAL POTENTIAL Africa boasts one-quarter of the world’s arable land

Industry expo includes waste and recycling tracks to 2015 programme

By: Pimani Baloyi     8th May 2015 Exhibition Management Services (EMS), organiser of the 2015 South African Industry and Technology Fair (Indutec) that will take place at the Gallagher Convention Centre, in Midrand, from May 20 to 22, says the event promises to attract the largest number of visitors and delegates, as Waste and... 

Industry expo includes waste and recycling tracks to 2015 programme
JOHN THOMSON EMS has introduced a free business matchmaking app to enhance the benefits of attending Indutec

Manufacturer looking to open plant in South Africa

By: Pimani Baloyi     8th May 2015 Chinese pipes and valves manufacturer Youfumi Valve and Pipe (Youfumi), which will showcase its products to the Southern African market at the 2015 South Africa Industrial and Technology Fair (Indutec), tells Engineering News that plans to investigate the viability of opening a manufacturing... 

Manufacturer looking to open plant in South Africa
LOCAL BASE Youfumi is focused on finding ways to grow its market share in Southern Africa

Nigeria water association makes Indutec debut

     8th May 2015 The Nigeria Association for Water Condition Improvement will this year make its debut appearance at the Watertec Africa expo that is part of the 2015 South Africa Industry and Technology Fair (Indutec) that will take place at the Gallagher Convention Centre, in Midrand, from May 20 to 22.... 

Nigeria water association makes Indutec debut
Photo by Duane Daws
WATER SOLUTIONS The Watertec Africa expo will introduce equipment and solutions for water challenges facing West and East Africa

Sub-Saharan Africa sees surge in long-term FDI

By: Pimani Baloyi     8th May 2015 There has been a surge of foreign direct investment (FDI) and interest in starting new projects and investing in infrastructure development in sub-Saharan Africa, says privately owned research company Whitehouse and Associates. Whitehouse and Associates director Duncan Bonnett tells Engineering... 

Sub-Saharan Africa sees surge in long-term FDI
PROPERTY DEVELOPMENT South Africa should be the leading service provider as more cities are being constructed in Africa

Mugabe says Zim open to foreign investment  

By: Pimani Baloyi     8th May 2015 Despite media reports and fears that Zimbabwe’s indigenisation policy – which stipulates that Zimbabweans must own 51% of foreign-owned companies – implied that the country was not open to foreign investment, Zimbabwe was open to foreign-owned businesses, Zimbabwean President Robert Mugabe last... 

Mugabe says Zim open to foreign investment
Presidents Jacob Zuma and Robert Mugabe discuss the need to strengthen intra-continental trade in Africa.

Emerging financiers increase African investment

     15th August 2008 Emerging financiers China, India and a few Middle Eastern Gulf nations investment commitments, funding infrastructure projects in Africa, jumped from less than $1-billion a year before 2004 to $8-billion a year in 2006 and $5-billion a year in 2007. This signals a growing trend in cooperation... 

Oil, gas company's Egypt office an SA first

By: Fatima Gabru     15th August 2008 South African national oil and gas company PetroSA opened a representative office in Cairo in July, becoming the first South African energy company to own and operate an oil concession pursuing exploration and production opportunities in Egypt. 

African infrastructure development takes priority

     15th August 2008 The New Partnership for Africa’s Development (Nepad) Business Foundation (NBF) has established a project management office (PMO) to facilitate private sector participation in infrastructure development in Africa. 

Cost of insurance could increase by up to 15%, practitioner warns

By: Dennis Ndaba     18th July 2008 Alexander Forbes Insurance MD Gari Dombo predicts that 2008 will see an average increase in the cost of insurance in South Africa of 10% to 15 %. 

Direct correlation between thieving and economic hardship

By: Leandi Kolver     11th July 2008 There is an increasing trend of senior executives abusing their powers and circumventing key controls, mostly for the purpose of committing fraud, says Deloitte Tip-offs Anonymous CEO Guy Brazier. 

Maturing market does not spell the end of opportunity

By: Leandi Kolver     27th June 2008 Although South Africa is a maturing market, it has a couple more years of good growth ahead in the telecommunications industry, says outgoing Vodacom CEO Alan Knott-Craig.  

Future crisis planning emerging as a key success factor for business

By: Leandi Kolver     13th June 2008 "South Africans tend to talk themselves into a crisis around crime, politics, electricity, fuel and all other problems we are facing, but hindsight, the opportunities exist for us to produce better skilled resources. We should look beyond the crisis, and not feel intimidated by these... 

Hopes high for lower bandwidth pricing as African cable projects accelerate

By: Leandi Kolver     23rd May 2008 Within a relatively short time span, fibre-optic cables for telecommunications have become the preferred means of communication between countries. Unfortunately, Africa is still especially disconnected and still extensively employs expensive satellite systems to communicate with other countries. 

World Bank seeks to improve service model for middle-income African countries

By: Leandi Kolver     16th May 2008 The World Bank is reducing the nonfinancial costs of doing business with it and expanding the products and services it offers to improve the service it offers to middle-income countries (MICs) in Africa. 

Copper should be declared a precious resource – Minister 

By: Leandi Kolver     7th March 2008 “We have to look into declaring copper as precious, or our economy will not be able to grow,” said the Minister of Communications, Dr Ivy Matsepe-Casaburri, at the official opening of black-empowerment cable manufacturer Malesela Taihan Electrical Cable’s new telecommunications... 

Growing African economy still faces challenge

By: Esmarie Swanepoel     17th August 2007 Advisory service PricewaterhouseCoopers expects the economy of Africa to see substantial growth in the next two years, far exceeding global growth forecasts. 

Infrastructure, finance hinder Africa�s global

     17th August 2007 African businesses could become far more competitive if African governments and their international partners improve the continent's access to finance and infrastructure and strengthen Africa's institutions, reports The African Competitiveness Report 2007. 

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