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Flights resume as NCAA certifies Abuja airport

The Nnamdi Azikiwe International Airport, Abuja, has formally reopened for operations after six weeks of closure with an Ethiopian Airlines Airbus A350-900, the first plane to land at the repaired runway.

19 Apr 2017

Africa must look for partnerships

Africa needs to form partnerships with the developed nations in order to realise the continent's goal to industrialise, International Relations and Cooperation Minister Maite Nkoana-Mashabane said .

By Chris Bathembu 5 Aug 2014

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

Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014

Edcon to begin retrenching at Edgars from May

Edcon will start retrench staff at its core Edgars chain in May‚ in a bid to reduce operating costs.

By Zeenat Moorad 19 Feb 2014

Altech to sell its non-core stake in Liquid for US$55m

Allied Electronics Corporation's (Altron) subsidiary‚ Altech‚ is to dispose of its 8.6% stake in Liquid Telecommunications Holdings‚ the company said.

16 Jan 2014

Crunch time for fruit exports

After 23 years in SA's R6bn fruit industry, many of them as managing director of Tru-Cape Fruit Marketing - SA's biggest producer of apples and pears - Charles Hughes is retiring without having fulfilled his ambition of gaining access to China's vast market. He blames it on the SA government.

16 Sep 2013

Quick meals for Africa

In SA, Famous Brands produces 265,000 cups of specially blended coffee a day. With 2,175 restaurants, the company, whose brands include Wimpy, Steers and Mugg & Bean, also makes 77m ice-cream cones a year. It's the big daddy of SA franchising, with a R9,7bn market capitalisation, and it wants to repeat its local success in the rest of Africa.

By Zeenat Moorad 16 Sep 2013

Retailers hit sweet spot in Africa

Africa's scope for investment is steadily increasing and demand for more formal retail options from shoppers is following suit.

By Zeenat Moorad 26 Aug 2013

Truworths diluted earnings up 8.4% to 560.7c

Fashion retailer Truworths International boosted fully diluted headline earnings per share by 8.4% from 517.1c to 560.7c for the year to June.

23 Aug 2013

Thales keeps an eye on safety

To paraphrase from the iconic Star Trek, Africa is the "next (as opposed to the final) business frontier". And judging from exceptional recent economic growth, wealth in natural resources and sheer international business interest on the continent, it seems no-one has trouble believing this.

19 Aug 2013

Goodyear's many good years in Mozambique

Tyre manufacturer Goodyear on Tuesday (6 August) said Mozambique was the key African country for its growth strategy on the continent.

By Alistair Anderson 7 Aug 2013

Vodacom's quarterly revenue of R17,5bn

Mobile services group Vodacom on Thursday (18 July) reported a 3% rise in group revenue to R17.5bn for the June quarter.

18 Jul 2013

Vodacom Business wants to grow fast

Within five years‚ Vodacom Business could account for 25% of Vodacom South Africa's service revenue according to new plans revealed by Vuyani Jarana‚ chief executive of the company

5 Jul 2013

E-commerce poised to support Africa's massive consumer boom

E-commerce in Africa has grown dramatically over the past year‚ and is poised to support the massive consumer boom on the continent‚ according to Robin Philip of payment services provider PayGate.

By Thabiso Mochiko 4 Jul 2013

Franchise sales up 16.8% for Famous Brands

Famous Brands has reported that its franchise sales increased 16.8% in the March to May quarter with a 16% improvement in South Africa and a 27.2% improvement in the rest of Africa region.

19 Jun 2013

197m people paying MTN for services

Telecommunications group MTN said on Tuesday (28 May) that the group had increased its subscriber base by 4% in the four months to April 30 to 197.4m mobile subscribers across its operations.

29 May 2013

Africa must make better use of resources

Africa's agricultural‚ mining and energy resources could be better used to boost the continent's pace of economic growth and pave the way for a breakthrough in human development‚ according to a report released on Monday (27 May).

By Mariam Isa 28 May 2013

Beer sales keep SABMiller's profits flowing

Prospering from emerging markets such as Africa‚ SABMiller on Thursday (23 May) reported a 10% increase in group revenue to US$34.5bn for the year to March.

By Zeenat Moorad 24 May 2013

Sharp drop in Pick n Pay's earnings

Pick n Pay has reported a 21.7% drop in diluted headline earnings per share to 109.61c despite a 7.1% rise in turnover to R59.3bn. Dividends fell by 35.8% to just 84 cents a share.

24 Apr 2013

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