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Hulamin H1 HEPS down 32 per cent

Hulamin H1 HEPS down 32 per cent

South Africa’s aluminium processor Hulamin says 2013 has been a good year so far despite its first half headline earnings per share down 32 per cent.

S.Africa retail online shopping growth on the rise

There are a number of emerging tiers between traditional in-store shopping and online shopping, Gareth Pearson has said.
South Africa's rand

Poor savings culture puts S.Africans at high credit risk

Thirty per cent of South African spenders are living beyond their means due to poor savings patterns and high credit dependence.

AU hails Zimbabwe’s improved electoral system

The African Union says Zimbabwe has made significant strides towards strengthening its electoral system following the contested 2008 elections.

S.Africa’s banking landscape growth hampered by poor economic performance

An increase in bad debt continues to hamper South Africa’s lending and borrowing space amid a struggling rand and economic performance.
Bank of Zambia plans to bank the unbanked

Bank of Zambia plans to bank the unbanked

The Bank of Zambia and the National Savings and Credit Bank have implemented a rural expansion programme to target Zambia’s unbanked.

SMES falling on hard times amid poor economic outlook for S.Africa

The current high level of uncertainty in the South African economy is negatively impacting small businesses.
MTN expects full-year HEPS to rise between 25 to 30 per cent

MTN strengthens its leadership structures

MTN Group Limited has promoted five senior employees into key positions to bolster its leadership structures in Ghana, Nigeria and South Africa.
AU chief arrives in Zimbabwe ahead of elections

AU chief arrives in Zimbabwe ahead of elections

African Union Commission Chairperson Dr Nkosazana Dlamini-Zuma has landed in Zimbabwe ahead of next week’s presidential elections.
S.Africa CPI slowed to 5.5 per cent

S.Africa CPI slowed to 5.5 per cent

South Africa’s June Consumer Price Index (CPI) slowed to 5.5 per cent year on year amid low growth expectations for the year.
Mauritius to establish ocean economy

Mauritius to establish ocean economy

Mauritius has special rights to its extensive ocean and plans to use these marine resources to establish an ocean economy.

No set model for National Development Plan implementation

Implementation of South Africa’s National Development Plan involves dealing with a lot of different dynamics, Trevor Davies has said.
S.Africa’s universities launch forum to foster entrepreneurial innovation

S.Africa’s universities launch forum to foster entrepreneurial innovation

South Africa’s universities have launched the Forum for Entrepreneurship Development Centres to nurture innovation in young South Africans.
Woolworths emphasises market distinctiveness

Woolworths emphasises market distinctiveness

Each African market is unique and you need to understand that market to operate within it, Ian Moir has said.
S.Africa’s gas industry needs infrastructure

S.Africa’s gas industry needs infrastructure

South Africa does not have the necessary gas-receiving infrastructure to advance the natural gas industry, Carlo Matthysen has said.
MTN expects full-year HEPS to rise between 25 to 30 per cent

MTN-South Africa boss quits

MTN's group chief financial officer Nazir Patel has resigned with immediate effect, the company confirmed on Monday.
MTN Nigeria

CFO of South Africa's MTN abruptly resigns, under probe

The chief financial officer of South Africa's MTN Group has resigned with immediate effect, the mobile operator said on Monday.
Diamond industry still buoyant for Rockwell Diamonds

Botswana’s 2012 GDP slowed by 4 per cent

Weak performance in Botswana’s mining sector has prompted GDP to slow down last year to about 4 per cent, according to the IMF.

Worldwide PC shipments down 10.9 per cent in Q2

Worldwide PC shipments once again dropped 10.9 per cent during the second quarter, marking the performance its fifth straight decline.
Tower Property Fund lists on Johannesburg Stock Exchange

Tower Property Fund lists on Johannesburg Stock Exchange

The Tower Property Fund listed on the JSE on Friday and will be the first property fund to list under the new REIT structure.
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