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World Economic Forum News

Power in Africa – Mind The Gap!

29/05/2015 16:26:46

Neil Van Niekerk, from StanChart writes how Africa has a very large shortfall in its power infrastructure.

Reimagining Africa’s Future

29/05/2015 12:18:11

Elsie Kanza, Head of Africa at the World Economic Forum share's her views on the outcomes from this years meeting.

Reimagining Africa’s Future: 25th World Economic Forum on Africa Will Be Largest Yet

29/05/2015 12:05:17

This years forum will be the largest one yet.

The Devil Is In The Detail

27/05/2015 17:06:11

Chris Bishop, Managing Editor at Forbes Africa shares his views on the 25th Annual World Economic Forum on Africa with us.

Special Report

FIFA sponsors could lose $100 bln in brand value

29/05/2015 12:41:53

FIFA scandal could cost top brands up to 100 billion US dollars in brand value loss.

Think hard Mr President

29/05/2015 12:18:45

Forbes Africa editor, Chris Bishop believes it’s time for Nigerian President Muhammadu Buhari to be bold and decisive.

Impact of Nigeria’s fuel crisis on the Buhari administration

29/05/2015 11:21:39

Nigeria's new President Muhammadu Buhari will face many challenges including the country's oil crisis.

Spain charges Boko Haram militant chief with crimes against humanity

29/05/2015 08:16:45

Spain's state prosecutor charged the leader of Nigerian Islamist militant group Boko Haram, Abubakar Shekau, with crimes against humanity.

Southern Africa

S.Africa’s tourism sector could lose billions due to new visa policy

29/05/2015 17:17:55

South Africa’s new immigration regulations could cost the tourism sector billions of rand in revenue.

S.Africa's petrol pump price to rise by 3.6%

29/05/2015 16:18:49

The retail price of petrol in South Africa will rise by 3.6 per cent from June 3.

S.Africa's Eskom says Medupi power plant unit produces 800 MW

29/05/2015 10:12:07

South Africa's coal-fired Medupi plant produced 800 megawatts of electricity this week.

South Africa's April credit growth quickens to 9.35 % y/y

29/05/2015 08:04:56

South Africa's private sector credit demand increased to 9.35 per cent year-on-year in April.

Western Africa

Buhari sworn in as Nigeria’s President

29/05/2015 11:00:09

Nigeria's Muhammadu Buhari has been sworn in as Nigeria's President.

Nigeria’s internet expansion is a feasible possibility

26/05/2015 13:24:58

Nigeria targets 30 per cent broadband penetration by 2015, as the ICT industry has been described as “viable”.

IFC, Ecobank inject US$110 mln in fragile states

26/05/2015 10:18:32

IFC and Ecobank have partnered on a US$110 mln risk-sharing facility meant to increase access to finance for SMEs in conflict regions.

Nigerian oil producers end strike after fuel shortage affects big business

25/05/2015 13:50:32

Severe fuel shortages in Nigeria hit the services of Africa's largest mobile telecoms operator, MTN, on Monday.

East Africa

Tanzania to spend $2 bln to unclog its commercial capital

28/05/2015 11:16:05

Tanzania is set to build new roads and a bus rapid transit system in its commercial capital, Dar es Salaam.

Kenya gives Kenya Airways loan as Ebola, tourism slump hit revenue

28/05/2015 08:12:31

Kenyan Airways has received a 4.2 billion shillings loan from the state.

US hails Ethiopian elections, warns of restrictions on media

28/05/2015 07:22:13

US blasts Ethiopia for failing to allow more space for civics and media.

Tanzania agrees to buy back Bharti Airtel's stake in state telecom

27/05/2015 11:20:36

Tanzania's government has agreed a deal to buy back a 35 per cent stake from Bharti Airtel.


S.Africa rates may have to rise to curb inflation: Groepe

27/05/2015 11:03:35

South Africa's central bank may have to raise interest rates to deal with a deteriorating inflation outlook.

Joburg residents to pay more

26/05/2015 12:36:29

The cost of living in the country's economic hub will rise substantially as of July 1.

S.Africa's rand weakens ahead of GDP, unemployment data

26/05/2015 08:25:33

S.Africa's rand weakened to a two-week low against dollar early on Tuesday, with traders cautious ahead of local growth data.

S.African MPC holds repo rate

21/05/2015 15:12:33

The South African Reserve Bank’s monetary policy committee (MPC) has left the interest rate unchanged.


Lewis aims to attract high-income consumers

27/05/2015 10:50:12

Lewis plans to use the business it bought from failed Ellerine Holdings to increase its appeal to customers from higher income groups.

Illovo Sugar's FY earnings not so sweet

25/05/2015 10:30:22

Illovo Sugar said its full-year profit fell 8 per cent due to softer global prices.

Tsogo Sun may list property unit separately, posts flat H1 profit

21/05/2015 11:18:35

Tsogo Sun is considering listing its property portfolio worth 30 billion rand separately.

Investec full-year profit up

21/05/2015 10:41:26

Investec reported a 10.2 per cent rise in full-year profit on Thursday.

Special Reports

Africa’s innovative minds given a platform to thrive

29/05/2015 12:45:30

The AIF seeks to catalyse the innovation spirit in Africa with the aim of cultivating needs-based inventions.

Global Investment Trends

21/05/2015 15:18:48

There are many exciting global investment themes creating incredible change and investment opportunities in the market today.

Agri sector struggles to deal with transformation challenges

13/05/2015 12:22:47

South Africa’s agriculture sector has struggled with deal with transformation challenges.

FinMin Nene calls for broader participation to realise NDP goals

13/05/2015 12:12:41

South Africa’s Finance Minister Nhlanhla Nene has called for an improved nature of investment in the country.


Opening Pandora’s Box: The bitter harvests of xenophobia

24/04/2015 16:04:29

It is a supreme irony that, exactly 30 years later, the troops are back on the streets of Alexandra.

Please beat the count Ali

24/10/2014 12:54:21

There are many Africans who are praying that Muhammad Ali will beat the count and rise from the hospital bed where he lies critically ill.

The rise of the island paradise

03/10/2014 11:32:19

From the moment you step on the plane you know Mauritius means business.

TB Joshua Lagos church collapse: the cheapness of life in Africa

19/09/2014 14:41:52

As a journalist, it makes me sick.

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    Financial 1516,588.00
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JSE All Share Index52,271.00Down-1.02%
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JSE Industrial 2566,206.00Down-1.36%
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Brent Crude Oil64.3Up3.48%
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Platinum USD/oz1,114.9  %




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