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Ascent Africa private equity fund eyes $60 million by mid-2015

26/01/2015 16:07:56

Ascent Capital wants to increase its East Africa fund to 60 million dollars by mid-2015 from 50 million dollars it has raised so far.

Bidvest and Avis to operate separately in S.Africa

26/01/2015 15:47:09

Bidvest Car Rental and Avis Budget Group have decided to operate under separate brands in the Southern African vehicle rental market.

Aggreko extends Ivory Coast power project

26/01/2015 15:06:00

Aggreko has announced a three-year contract extension on its 200 megawatt (MW) gas-fired power project in the Ivory Coast.

Senegal reopens land border with Ebola-hit Guinea

26/01/2015 14:57:15

Senegal reopened on Monday its land border with Guinea, the Interior Ministry said.


PPC Africa expansion on schedule

26/01/2015 12:12:54

PPC has said that construction is underway in Rwanda, Zimbabwe, Ethiopia and the DRC as it looks to continue its expansion into Africa.

Anglo American Platinum HEPS set to drop

23/01/2015 06:31:43

Anglo American Platinum’s says the group’s headline earnings per share for 12 months ending December 31 are set to drop.

BHP Billiton production up 9%

21/01/2015 05:49:04

BHP Billiton has reported a nine per cent surge in the group production for the half year ending 31 December 2014.

S.Africa's Woolworths H1 sales rise 55%, shares up

15/01/2015 09:59:13

South African high-end retailer Woolworths Holdings reported a 55 per cent jump in sales over the first half of the year.

Special Reports

WEF necessary to bring attention to conflict in Virunga

23/01/2015 15:45:32

Conflict in Virunga in eastern Congo may be tied to the illegal extraction of natural resources in the region.

Africa’s geopolitical issues exploited by terror groups

23/01/2015 15:08:49

Africa’s geopolitical issues are severely impacting the continent’s economies, allowing terrorist groups to take advantage.

Socioeconomic problems abound as rich get richer

23/01/2015 15:03:22

Inequality increases as the world’s wealthiest one per cent gets wealthier, leading to many social and economic difficulties.

BRICS continues to hold long-term investment potential

23/01/2015 13:04:49

While the BRICS nations may have hit an economic slowdown recently, they continue to hold great investment potential.


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.

Farewell to a brave journalist: Steven Sotloff

05/09/2014 16:33:11

I never read any of his work, yet this week I mourn the gentle soul that was lost to journalism this week.

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JSE All Share Index50,338.00Up0.92%
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JSE Resources 1040,596.00Down-2.79%
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Brent Crude Oil48.4Down-1.24%
GOLD USD/oz1,280.0Down-1.21%
Platinum USD/oz1,255.3Down-1.84%