A mega-project in East Africa, comprising roads, railways, port and pipelines, will link Kenya, Ethiopia, Uganda and South Sudan
Famous Brands on Wednesday, 9 April 2014, said it had established a strong platform for growth in the Middle East and North Africa regions with the signing of a master license agreement for Saudi Arabia‚ Lebanon‚ Morocco‚ Iran and Egypt.
Zeenat Moorad 11 Apr 2014
GENEVA, SWITZERLAND: An Ethiopian Airlines flight en route to Rome was hijacked on Monday (17 February) and forced to land in Geneva, where the hijacker has been arrested, police said.
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
WASHINGTON, USA: Two genes that are resistant to fungal wheat disease may help ward off a growing epidemic of stem rust that threatens crops in Africa, the Middle East and beyond, researchers said.
Rivalry between African ports may not be a reality for some time to come, with demand almost always exceeding supply. But the pace of new transhipment port developments has increased, which may give Transnet's Ngqura port in the Eastern Cape something to be concerned about.
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.
NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.