Insufficient financial inclusion, unbanked masses and financial literacy are increasingly attracting investors
Kingsley Ighobor 7 Jun 2017
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
Ilse van den Berg 30 May 2017
CNBC Africa hosted a Building Africa debate as part of its coverage of the 2017 World Economic Forum currently under way in Davos, Switzerland
Rwanda's commitment to using information and communications technology (ICT) for financial services was made as it officially joined the Better Than Cash Alliance, an initiative that works with governments, the development community, and the private sector to adopt the use of electronic payments.
Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.
Phakamisa Ndzamela 6 Jun 2014
Liquor group Distell has reported a 21% rise in diluted headline earnings per share from 415.8c a year ago to 503.0c for the six months to December .
PPC said on Monday (10 February) advanced plans are in place to enter the Algerian cement market‚ through a partnership with Algerian private sector investors‚ in Hodna Cement.
Allied Electronics Corporation's (Altron) subsidiary‚ Altech‚ is to dispose of its 8.6% stake in Liquid Telecommunications Holdings‚ the company said.
Five east African countries have signed a protocol to establish a monetary union, in a first step towards creating a single, common currency.
Truworths has adopted a cautious and incremental approach to store expansion plans outside SA in order to gain a better understanding of the operating environment and the market potential, the fashion retailer said in its annual report, released last week.
Zeenat Moorad 30 Sep 2013
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.
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.
Zeenat Moorad 16 Sep 2013
The biggest barrier to implementing regional infrastructure projects in Africa are the countries themselves, the Infrastructure Africa conference heard in Sandton on Tuesday (16 July).
Mobile services group Vodacom on Thursday (18 July) reported a 3% rise in group revenue to R17.5bn for the June quarter.
Nyanza Light Metals, a company jointly owned by Arkein International and Evraz Highveld Steel and Vanadium, said it would build a R4.2bn titanium dioxide pigment production plant in SA, following a favourable prefeasibility study.
Alistair Anderson 9 Jul 2013
Africa will not rely on funds from former colonial powers to support the establishment of an interim rapid reaction force to respond to coups on the continent, President Jacob Zuma said on Wednesday (19 June).