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Key strategies to developing Zanzibar into a world-class destination

Dr Ramakrishna Sithanen recently paid a visit to Zanzibar to offer insight into strategies that led Mauritius becoming one of Africa's leading economies

12 Jun 2017

Africa's quest for a cashless economy gains momentum

Insufficient financial inclusion, unbanked masses and financial literacy are increasingly attracting investors

By Kingsley Ighobor 7 Jun 2017

#AfricaMonth: Internal trade barriers show signs of falling

While the road ahead may still present significant challenges, some of Africa's most long-standing internal trade barriers are beginning to show signs of falling. We interview David Williams, Maersk Line Africa chief executive and global head of Safmarine to find out more

By Ilse van den Berg 30 May 2017

Doing business in Mauritius made easy

Besides being a holiday paradise, Mauritius is also ranked as number one by the World Bank for "Ease of Doing Business" in Africa

30 Jan 2017

Pakistan's largest bank HBL issuing UnionPay Debit Card in Seychelles, Kenya and Mauritius

Recently, HBL, Pakistan's largest bank, announced the launch of UnionPay Debit Card in Seychelles, Kenya and Mauritius at Savory Hotel, Seychelles

Issued by UnionPay International 5 Apr 2016

Mauritius needs an options market

Over the past decade, derivative markets in emerging market economies (EMEs) have grown at a rapid pace. In layman terms, a derivative is a contract that derives its value from the performance of an underlying security

By Yvan Byeajee 12 Oct 2015

CGMAs to speak at ACOA 2015

Africa's foremost CGMAs, Chartered Global Management Accountants, will be presenting at the Africa Congress of Accountants from 12-14 May in Mauritius

24 Apr 2015

AECI plans to reduce its reliance on a weak SA

JSE-listed AECI plans to start producing explosives in Australia by year-end‚ as the chemicals and explosives firm looks to reduce its reliance on South Africa's weak mining and manufacturing sectors.

By Nick Hedley 30 Jul 2014

Famous Brands revenue up 12%, expands further in Africa

Famous Brands, which owns Steers‚ Wimpy and Debonairs, plans to open 243 new restaurants in the coming year after reporting record turnover and profit for the year. It is also planning to enter Angola and Ghana.

By Zeenat Moorad 20 May 2014

Grand Parade ups its stake in Mac Brothers

Grand Parade, the company responsible for bringing Burger King to SA‚ said it bought a further 32.9% stake in Mac Brothers for R42,79 million‚ to achieve cost efficiencies and gain greater access to the African markets.

20 May 2014

African fund eyes JSE

JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.

By Joan Muller 20 May 2014

Virtual trading simulation laboratory launched

The University of Technology, Mauritius (UTM) and Bourse Africa have jointly launched a virtual trading simulation laborotory with the aim of fostering financial talent and further development of Mauritian financial markets.

18 Mar 2014

Zimbabwe takes heart from Antwerp trial sale of gems

Zimbabwe is planning a second auction of its Marange diamonds next February‚ buoyed by the interest in and sale of more than 279‚000 carats of diamonds in Antwerp‚ Belgium. The sale raked in US$10.7m.

By Ray Ndlovu 24 Dec 2013

Barloworld plans Africa expansion

Barloworld is targeting six sectors to boost the growth of its business and is busy positioning itself "o expand into west and east Africa‚ according to company chief executive Clive Thomson.

By Nick Hedley 20 Nov 2013

Woolworths buys back African franchises

Woolworths said on Tuesday, 5 November, that it had signed agreements to purchase its franchise businesses in Botswana‚ Namibia‚ Swaziland and Ghana.

By Zeenat Moorad 6 Nov 2013

Luxury brands turn attention to Africa

Africa's growing middle class has expensive tastes and research by Bain & Company suggests that luxury goods sales will increase by 11% this year - demonstrating the continent's potential for upmarket goods.

By Zeenat Moorad 5 Nov 2013

Shoprite turnover up 10.2% for September quarter

Shoprite Holdings‚ Africa's biggest retail group‚ reported that its turnover had increased by 10.2% in the three months to September.

29 Oct 2013

Famous Brands half-year earnings up 20% to 180c

Fast food group Famous Brands reported a 20% increase in headline earnings per share to 180c for the six months to August.

29 Oct 2013

Distell sees cider as means to quench thirst for growth in Africa

After two major acquisitions in international cognac and whisky brands‚ Stellenbosch-based liquor group Distell will now be prioritising the global growth of its highly-profitable cider brands.

By Marc Hasenfuss 18 Oct 2013

Premier buys Li-Lets to get other FMCG categories says Brait

The purchase of feminine hygiene brand Lil-Lets Group by Brait company Premier Foods is part of a broader strategy to expand Premier across other fast-moving consumer goods (FMCG) categories according to Brait director Sean Dougherty.

By Nick Hedley 14 Oct 2013

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