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Rags, not riches, defining Africa's urban explosion

Anarchic architecture, unchecked pollution and high costs of living are the lot of African city dwellers, experts warn, as living standards fail to keep pace with rapid urban growth on the continent...

2 days ago

Low water levels aid plans for rehabilitation of Kariba Dam

In the months ahead, the Kariba Dam hydroelectric scheme must deal with the twin challenges of not holding enough water on the one hand and too much of it on the other...

By Tom Nevin 18 Jan 2017

Zimbabwe responding to limitations of hydro power

There are parts of Zimbabwe where consistent drought is putting intolerable pressure on local communities...

By James Shepherd 15 Dec 2016

Big business opportunities ahead for Africa - McKinsey

Africa's overall growth has slowed but new research shows long-term fundamentals are strong and there are big business opportunities ahead...

16 Sep 2016

Zimbabwe company inks USD1.1bn thermal power deal with China

A Zimbabwean company on Thursday, 23 July 2015, signed a $1.1bn agreement with the China State Construction Engineering Corporation (CSCEC) to build a 600-megawatt thermal power plant, a move expected to ease power cuts in the country...

27 Jul 2015

PPC cements African growth plan with new Zimbabwe plant

PPC is spending $200m on expanding its production facilities in Zimbabwe by 2020 as the nation's cement market evolves from mostly cash-in-hand sales for home building and renovation to renewed maintenance spending on national infrastructure...

By Mark Allix 7 Jul 2015

Zimbabwe power utility in $5bn expansion drive

Zimbabwe's power utility has budgeted $5bn for projects to scale up electricity generation, as the country battles a crippling deficit, an executive said...

20 Apr 2015

Africa strikes back

South African engineers working on mines and at a gas plant in Mozambique have been taken to secure camps after threats of reprisal xenophobic attacks...

By The Times Editorial Team 17 Apr 2015

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

Transnet seeks greater SADC investment in rail networks

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

SAB seeks African growth via larger maltings plant

The local arm of SABMiller (SAB)‚ South African Breweries' maltings division is looking to supply product to other African countries following its investments to expand capacity‚ according to the unit's general manager Thinus van Schoor.

By Nick Hedley 13 Mar 2014

Barloworld plans Africa expansion

Barloworld is targeting six sectors to boost the growth of its business and is busy positioning itself "o expand into west and east Africa‚ according to company chief executive Clive Thomson.

By Nick Hedley 20 Nov 2013

Zuma calls for increased trade between SA, DRC

President Jacob Zuma says South Africa and the Democratic Republic of Congo (DRC) must explore ways to stimulate trade and investment between the two countries.

31 Oct 2013

Africa fund heads for JSE

Three years ago only a handful of formal shopping centres exceeding 10,000m² were scattered across Africa north of SA's borders. And not a single JSE-listed property company had a presence on the continent.

By Joan Muller 16 Sep 2013

Edcon's first quarter retail sales up 3.2%

Retailer Edcon said on Thursday (22 August) that retail sales increased 3.2% to R6.205bn in the first quarter of the current financial year.

23 Aug 2013

Massmart profits fall with consumers under pressure

Walmart-owned Massmart on Thursday (22 August) reported a 9.9% fall in first-half profits‚ as consumers in Africa's largest economy came under pressure.

By Zeenat Moorad 22 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

World Bank provides US$14,7bn to Africa

The World Bank committed a record US$14.7bn in its fiscal year to June to support economic growth and better development prospects in Africa despite uncertain economic conditions in the rest of the global economy.

1 Aug 2013

Second Builders Warehouse for Botswana

Massmart has opened its second Builders Warehouse store in Botswana‚ in line with its African expansion strategy‚ the company said on Monday (29 July).

By Zeenat Moorad 30 Jul 2013

Kansai Paint buys Astra Industries

Kansai Paint has partnered with the management and staff of Zimbabwe group Astra Industries to buy a 63.25% interest in the group from the Finance Trust of Zimbabwe, an investment vehicle of the Reserve Bank of Zimbabwe.

30 Jul 2013

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