Archive In BusinessRead the latest news for Business in Africa

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  Markets

  African Markets – Factors to watch on March 7. (Reuters) – The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Wednesday.
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  Retail & Manufacturing

  Namibian government approves the merger between Walmart and Massmart. (BusinessDay SA)- After an almost year-long battle in the Namibian courts, the country’s trade and industry minister has confirmed the approval of the transaction between US retail giant Walmart and Massmart , with similar conditions to those...
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  Pharma & Healthcare

  South Africa: Aspen Pharmacare records increase in Sales. (Reuters) – Aspen Pharmacare , the southern hemisphere’s biggest generic drugs maker, booked a 22 percent rise in first-half profit on Wednesday as strong demand in its Asia-Pacific unit offset higher funding costs on its...
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  Media & Entertainment

  Africa’s largest mobile phone operator records a 43% increase. (Reuters) – MTN Group, Africa’s largest mobile phone operator, posted a 43 percent increase in full-year earnings on Wednesday, after last year’s results were hit by costs from a black empowerment share scheme.
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  Finance

  Are you an African Female Entrepreneur? Check out Cartier Women’s Initiative Awards! The Cartier Women’s Initiative Awards targets and supports women entrepreneurs who are starting their own business. Laureates have come from around the world, Africa included.
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  Strategies & Solutions

  Report: Opportunity Africa Event in Singapore. (Africa Business)- The Singapore Africa Business Club (SABC) is a fully inclusive organization committed to the promotion of high quality business opportunities in Africa.
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  Finance

  How many Africans made the 2012 Forbes World’s Billionaires List? In the 2012 Forbes World’s billionaires list, there are 1,226 billionaires worth $4.6 trillion.
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  Logistics & Transportation

  Has the dispute between Nigeria and South Africa gone beyond Yellow Card? (Reuters) – South Africa and Nigeria are embroiled in a diplomatic spat after the authorities at Johannesburg airport deported 125 Nigerians, alleging their yellow fever vaccination certificates were fakes — the latest twist in a...
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  Markets

  African Markets – Factors to watch on March 8. The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Thursday- Reuters.
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  Retail & Manufacturing

  Starbuck to expand its market in Africa by tailoring products to local tastes. Starbucks Corp, the world’s biggest coffee chain, is planning to boost growth in different continent, including Africa by opening concept stores that tailor products and cafe interiors to local tastes.