HARARE: Zimbabwe's finance minister on Thursday slashed the 2015 growth forecast from 3.2 percent to 1.5 percent after a slump in farm produce due to drought.
3 Aug 2015 09:22
HARARE: Zimbabwe's economy is showing no signs of recovery after adverse weather, low exports and election year uncertainty shattered growth prospects, the International Monetary Fund said Friday, 7 November.
10 Nov 2014 14:27
Sun International says it will sell a portion of its interests in its African assets to a foreign subsidiary of Thailand-listed Minor International Public Co (Mint) for R664m.
19 Aug 2014 10:22
South Africa and Africa in general benefitted immensely from the recent US-Africa Leaders' Summit held in Washington last week, Trade and Industry Minister Rob Davies said on his return.
13 Aug 2014 08:27
South Africa's largest minibus financier, SA Taxi, is looking for opportunities to expand its minibus lending business into other African countries and could direct R100m to its domestic finance project.
12 Jun 2014 10:21
Small- and medium-sized engineering companies must create niche markets for themselves to supply Transnet with parts for the locomotives that the freight logistics company envisages building within the next two to three decades.
By Amanda Visser 9 Jun 2014 11:03
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 11:02
If there is one industry where everything is in flux and companies have to re-jig their shapes and formats all the time, it is SA's packaging manufacturers. Apart from constantly changing industry conditions, not least from encroaching rivals, each firm has specific obstacles to get over.
By Mark Allix 2 Jun 2014 09:30
Transnet has pleaded with Southern African Development Community (SADC) countries to invest more on railway infrastructure to improve intra-regional trade.
By Mpho Sibanyoni 29 May 2014 11:37
Famous Brands, which owns Steers‚ Wimpy and Debonairs, plans to open 243 new restaurants in the coming year after reporting record turnover and profit for the year. It is also planning to enter Angola and Ghana.
By Zeenat Moorad 20 May 2014 06:29
Grand Parade, the company responsible for bringing Burger King to SA‚ said it bought a further 32.9% stake in Mac Brothers for R42,79 million‚ to achieve cost efficiencies and gain greater access to the African markets.
20 May 2014 10:51
JSE investors will gain access to the dollar-based returns generated by shopping centres, offices, warehouses and hotels in countries such as Morocco, Mozambique, Kenya, Ghana and Nigeria when Sandile Nomvete's Delta Property Fund brings the first outright African real estate offering to the market next month.
By Joan Muller 20 May 2014 06:12
Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.
8 May 2014 10:57