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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 07:45

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 07:44

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 09:02

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 09:05

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 06:01

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 11:37

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 12:53

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 06:54

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 06:07

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 06:25

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 10:07

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 10:25

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 11:46

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 09:45

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 13:24

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 13:08

Countries are barriers to infrastructure projects

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).

18 Jul 2013 09:48

Gigaba's warning over China's investment in Africa

Public Enterprises Minister Malusi Gigaba has called for greater scrutiny of funding that comes from Brics countries such as China when it comes to infrastructure investment in Africa.

By Nicky Smith 17 Jul 2013 13:01

Steel market doldrums hurt BSI

BSI Steel's headline earnings per share plummeted 51% in the year ended March 31 amid declining steel consumption in the South African market.

By Mark Allix 18 Jun 2013 07:14

Hotels moving in on Africa's potential

With limited opportunities for expansion in SA, a slew of hospitality companies are eyeing the rest of the continent, for future growth as there is an under-supply of quality hotels and upbeat economic prospects.

By Zeenat Moorad 10 Jun 2013 11:39

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