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BizNis Africa BizNis Africa is an independent online trade and investment news website that focuses on Africa's ma
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BizNisAfrica (www.biznisafrica.com) is an independent online trade and investment news website that focuses on Africa’s 3 major business economic sectors – ICT (Information and Communications Technology), Mining and Energy. The aim of the website is to cover Africa’s untold business news and expose its vast opportunities. Africa has the potential to be a major story of the next decade as it is sti

ll underdeveloped but growing at an alarming rate. BizNisAfrica.com aims to showcase Africa as an ideal global investment hub. The website offers its readers high quality, reliable and valuable information. It provides deep insights on Africa’s business investment news and the latest business research. Innovation and Entrepreneurship have often been described as major contributors to Africa’s business advancement. In Africa, the importance and opportunities for entrepreneurs cannot be overlooked. BizNisAfrica.com aims to unpack relevant global news to its readers by providing valuable content, videos and photos. The website covers other relevant business sectors including Entrepreneurship, Business Leadership, Business Profiles, Company Rankings, Research, Commodities, Trade and Investment. Africa remains an attractive, emerging market and an ideal investment for global investors. BizNisAfrica.com promises to:

- Deliver rigorous debate on the business and financial markets

- Meet global business reporting standards

- Act as a free information network for connecting Africa’s professionals and experts

- Engage with diverse business professionals

Africa Investment

The African business community faces challenging times of change and uncertainty. The current global economic climate has resulted in corporate businesses being cautious about investment and growth. This turbulent period has lead to a majority of global companies focusing on emerging markets, including Africa. Global Investors are seeking certainty and clearly defines business policies. On a global scale, the major challenge is the current volatile markets. Africa’s current political, economic, social and regulatory forces can directly impact on the way in which the continent’s businesses operate. BizNis Africa forecasts that:

- Africa should position itself as an investor friendly continent
- The emergence of the BRICS (Brazil, Russia, India, China and South Africa) nations presents an opportunity for businesses to source new clients for products and services
- African businesses are being forced to connect to a new client base using digital platforms
- Africa is competing with both emerging and developed markets for investment
- Africa is positioning itself to become the gateway for global investors

BizNis Africa categories:

Business

Africa is the most sought after global investment destination. The continent is currently experiencing high growth and improved trading conditions. There are 54 countries in Africa, each offering unique business opportunities and challenges. BizNis Africa will provide key insights on key African markets. Technology

Africa is experiencing an invasion of new technology, especially mobile phones. The technology section will investigate how accessible is technology across the African continent. Mining

Mining in Africa is no longer about extracting minerals. The mining section will cover news that can help to unlock the true value of mining through sustainable operation and technology innovation. African mining companies are struggling to ramp up production and keep pace with the boom. Energy

The energy section will cover Africa’s electricity production, consumption importing or exporting in Africa. Energy usage and infrastructure development varies widely across the continent. Digital Media

Digital media and the Internet are increasingly part of the African media landscape. Mobile phone technology is driving media innovation in Africa, surpassing the Internet and transforming communications across the continent. This section will share insights on the latest digital media trends . Business Leadership

The business leadership section profiles executives who posses great power and influence in Africa’s business and economy. Company Rankings

The company rankings section will cover Africa’s wealthy companies across all business sectors. The company rankings are based on extensive research results from leading companies and analysts. Entrepreneurship

The entrepreneurship section profiles start-ups and SMEs that are making a difference across the African continent. BizNis Africa will profile smart individuals with innovative ideas. Africa has to create an environment that is conducive for doing business. BizNis Africa provides the ultimate platform for providing Africa’s business investment news.

05/02/2019
Jim Ovia - Nigeria on growth trajectory - BizNis Africa

Jim Ovia (CON), Zenith Bank Chairman has lauded the federal government’s economic team for pulling the economy out of economic recession, acknowledging that the country’s economic outlook shows that it is now on a growth trajectory. Giving his goodwill message at the Deloitte in Dialogue Nigeria Economic Outlook 2019 event on Thursday, January 31, 2019 at the Civic Centre in Lagos, the Chairman of Zenith Bank, Jim Ovia focused on two key points – ease of doing business, and the nation’s inflation rate. [ 151 more words ]
https://www.biznisafrica.com/jim-ovia-nigeria-on-growth-trajectory/

Jim Ovia (CON), Zenith Bank Chairman has lauded the federal government’s economic team for pulling the economy out of economic recession, acknowledging that the country’s economic outlook shows that it is now on a growth trajectory. Giving his goodwill message at the Deloitte in Dialogue Nigeria...

05/02/2019
Air Traffic and Navigation Services (ATNS) appoints new HR Executive - BizNis Africa

Air Traffic and Navigation Services (ATNS) SOC Limited is proud to announce the appointment of Lulekwa Ngcwabe, as its new Human Resources (HR) Executive. She has over 10 years Senior Management experience and joins ATNS from the City of Johannesburg’s Metrobus entity, where she was General Manager responsible for Corporate Services. Prior to that, she was employed at Road Traffic Infringement Agency (RTIA) as Senior Executive Manager, Corporate Services. [ 276 more words ]
https://www.biznisafrica.com/air-traffic-and-navigation-services-atns-appoints-new-hr-executive/

Air Traffic and Navigation Services (ATNS) SOC Limited is proud to announce the appointment of Lulekwa Ngcwabe, as its new Human Resources (HR) Executive. She has over 10 years Senior Management experience and joins ATNS from the City of Johannesburg’s Metrobus entity, where she was General Manage...

05/02/2019
African mining shows steady progress in an uncertain world - BizNis Africa

Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, Standard Bank’s mining team anticipates that 2019 will see miners continue to cautiously pursue emerging pockets of opportunity across the continent. Over the last 18 months, the focus in the mining sector has been on debt reduction and balance sheet repair. The results of this consolidation have been largely successful, with a few miners paying dividends for the first time in some years. [ 704 more words ]
https://www.biznisafrica.com/african-mining-shows-steady-progress-in-an-uncertain-world/

Despite escalating trade wars keeping commodity prices in check as well as increased regulatory challenges across the continent generally, Standard Bank’s mining team anticipates that 2019 will see miners continue to cautiously pursue emerging pockets of opportunity across the continent. Over the ...

05/02/2019
Consultants to embrace new auditing processes - BizNis Africa

As modern businesses continue to evolve and embrace digitalisation, companies are increasingly expected to improve the efficiency and speed of their corporate reporting. For this reason, it is now more important than ever to make combined assurance a part of the auditing process for organisations. This is according to Terry Ramabulana, Mazars Public Sector Head, who says that especially in light of the fact that many of the processes within businesses have become automated, businesses and consultants need to embrace new approaches to auditing and assessing their companies. [ 508 more words ]
https://www.biznisafrica.com/consultants-to-embrace-new-auditing-processes/

As modern businesses continue to evolve and embrace digitalisation, companies are increasingly expected to improve the efficiency and speed of their corporate reporting. For this reason, it is now more important than ever to make combined assurance a part of the auditing process for organisations. T...

05/02/2019
Digitalisation boosts productivity in mining sector - BizNis Africa

Innovation and technology are playing increasingly valuable roles in boosting performance and sustainable efficiency in mines throughout Africa. Schneider Electric, which has been partnering with mining companies for more than four decades, has a dedicated Mining, Metals and Minerals (MMM) Division and a digital technology platform that is positively impacting productivity in the mining sector. Marc Ramsay, Vice President of the Anglophone Africa Mining, Metals and Minerals Industry Business Unit at Schneider Electric SA, says that of all the trends impacting the mining industry currently, none is likely to be as critical as digitalisation for the over-arching impact it is beginning to have on every aspect of the industry operation, while also offering significant potential for improving operational efficiency. [ 214 more words ]
https://www.biznisafrica.com/digitalisation-boosts-productivity-in-mining-sector/

Innovation and technology are playing increasingly valuable roles in boosting performance and sustainable efficiency in mines throughout Africa. Schneider Electric, which has been partnering with mining companies for more than four decades, has a dedicated Mining, Metals and Minerals (MMM) Division....

02/02/2019
MTN slashes prepaid out of bundle rates by up to 75% - BizNis Africa

MTN today announced it has slashed its out of bundle (OOB) data rate by up to 75% for prepaid customers and that it will be doubling selected prepaid voice and data bundles for the next two months. Prepaid customers currently not making use of data bundles will pay just 29c per megabyte for their data usage, while customers that do purchase data bundles will pay 49c per megabyte for their OOB data usage. [ 394 more words ]
https://www.biznisafrica.com/mtn-slashes-prepaid-out-of-bundle-rates-by-up-to-75/

MTN today announced it has slashed its out of bundle (OOB) data rate by up to 75% for prepaid customers and that it will be doubling selected prepaid voice and data bundles for the next two months. Prepaid customers currently not making use of data bundles will pay just 29c per megabyte for their da...

02/02/2019
King Shaka Airport records double-digit international passenger growth - BizNis Africa

King Shaka International Airport (KSIA) in Durban ended 2018 on a record high by growing international passenger numbers by 13% in December. This, together with strong domestic passenger growth of more than 6% for 2018, saw KSIA retaining its position as South Africa’s fastest growing major airport for a second year. The December peak season performance follows an 11% increase in international passenger numbers for November, compared to November 2017. [ 693 more words ]
https://www.biznisafrica.com/king-shaka-airport-records-double-digit-international-passenger-growth/

King Shaka International Airport (KSIA) in Durban ended 2018 on a record high by growing international passenger numbers by 13% in December. This, together with strong domestic passenger growth of more than 6% for 2018, saw KSIA retaining its position as South Africa’s fastest growing major airpor...

02/02/2019
Eskom concludes ZAR15 billion loan facility with a consortium of lenders - BizNis Africa

Eskom has concluded a R15 billion credit facility with a consortium of local and international banks. The government guaranteed facility will form part of the financing of Eskom’s current capital expenditure programme. “We have made significant progress in transitioning the business and securing funding. We are pleased that lenders have elected to continue partnering with Eskom on our journey to complete the capital expansion programme for the benefit of South Africa’s economy. [ 112 more words ]
https://www.biznisafrica.com/eskom-concludes-zar15-billion-loan-facility-with-a-consortium-of-lenders/

Eskom has concluded a R15 billion credit facility with a consortium of local and international banks. The government guaranteed facility will form part of the financing of Eskom’s current capital expenditure programme. “We have made significant progress in transitioning the business and securing...

02/02/2019
Drone technology will revolutionise the human experience - BizNis Africa

In the late eighties, very few people had heard of the internet, and even fewer could appreciate the impact it was about to have on every day’s activities. Similarly, drones are still fairly new to the public to date, and even unheard of in most of the African continent. However, thanks to their robotic capabilities, it is very likely that they will infiltrate just about every aspect of life as we know it; from simple household duties such as monitoring a toddler to more complex endeavours such as autonomous parcels’ delivery. [ 460 more words ]
https://www.biznisafrica.com/drone-technology-will-revolutionise-the-human-experience/

In the late eighties, very few people had heard of the internet, and even fewer could appreciate the impact it was about to have on every day’s activities. Similarly, drones are still fairly new to the public to date, and even unheard of in most of the African continent. However, thanks to their r...

14/01/2019
Africa has to become digital - BizNis Africa

Isabel dos Santos spoke recently at the European Parliament about the emerging technology in Africa and the importance of technological development applied to the diversification of economy and the growth of sectors such as Banking and Agriculture. “A huge challenge for Africa is to know how is it going to be digital. We still don’t have that answer. To be competitive, we need to use technology and, above all, we need to educate people so they can use that technology." [ 736 more words ]
https://www.biznisafrica.com/africa-has-to-become-digital/

Isabel dos Santos spoke recently at the European Parliament about the emerging technology in Africa and the importance of technological development applied to the diversification of economy and the growth of sectors such as Banking and Agriculture. “A huge challenge for Africa is to know how is it...

02/12/2018
South African e-commerce hits its stride - BizNis Africa

Despite the lackluster macro-economic indicators, South African tenacity showed itself once again as retailers – especially smaller stores – cashed in on the online space over the Black Friday and Cyber Monday weekend says Payment Service Provider, DPO PayGate. The annual shopping mega events of Black Friday and Cyber Monday, which take place immediately after the North American Thanksgiving holiday, have quickly grown into one of the most important retail events in South Africa. [ 619 more words ]
https://www.biznisafrica.com/south-african-e-commerce-hits-its-stride/

Despite the lackluster macro-economic indicators, South African tenacity showed itself once again as retailers – especially smaller stores – cashed in on the online space over the Black Friday and Cyber Monday weekend says Payment Service Provider, DPO PayGate. The annual shopping mega events of...

02/12/2018
Global Citizen Festival honours Mandela 100 celebration - BizNis Africa

International advocacy organization Global Citizen is hosting the Global Citizen Festival: Mandela 100 at FNB Stadium in Johannesburg, South Africa, today 2 December 2018. The Festival featured headlining performances by Beyoncé, JAY-Z, Black Coffee, Cassper Nyovest, D'banj, Ed Sheeran, Eddie Vedder, Femi Kuti, Kacey Musgraves, Pharrell Williams & Chris Martin, Sho Madjozi, Tiwa Savage, Usher, and Wizkid. The event was hosted by Trevor Noah, with co-hosts including Naomi Campbell, Sir Bob Geldof, Danai Gurira, Gayle King, Bonang Matheba, Tyler Perry, Nomzamo Mbatha, Anele Mdoda and Dave Chapelle. [ 54 more words ]
https://www.biznisafrica.com/global-citizen-festival-honours-mandela-100-celebration/

International advocacy organization Global Citizen is hosting the Global Citizen Festival: Mandela 100 at FNB Stadium in Johannesburg, South Africa, today 2 December 2018. The Festival featured headlining performances by Beyoncé, JAY-Z, Black Coffee, Cassper Nyovest, D’banj, Ed Sheeran, Eddie Ved...

02/12/2018
Standard Bank partners with United Nations Women's HeForShe movement - BizNis Africa

Dr Phumzile Mlambo-Ngcuka, United Nations (UN) Under-Secretary-General and Executive Director of UN Women, met with Standard Bank Group Chief Executive, Sim Tshabalala to discuss the bank’s commitment to concrete actions towards gender equality. On behalf of Standard Bank Group, Tshabalala is one of the global “Thematic Champions” in the UN Women’s HeForShe movement. These champions have committed to providing a systematic approach to enable people of all genders to engage and become change agents towards the achievement of gender equality. [ 137 more words ]
https://www.biznisafrica.com/standard-bank-partners-with-united-nations-womens-heforshe-movement/

Dr Phumzile Mlambo-Ngcuka, United Nations (UN) Under-Secretary-General and Executive Director of UN Women, met with Standard Bank Group Chief Executive, Sim Tshabalala to discuss the bank’s commitment to concrete actions towards gender equality. On behalf of Standard Bank Group, Tshabalala is one ...

21/11/2018
SA Competition Tribunal approves the Lonmin acquisition - BizNis Africa

Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) is pleased to announce that the South African Competition Tribunal (the Competition Tribunal) has approved the proposed acquisition of Lonmin Plc (Lonmin)(the Transaction), subject to specific conditions. In addition to the conditions agreed between Sibanye-Stillwater and the Competition Commission (details of which were provided in the announcement on 18 September 2018), a further condition has been imposed by the Competition Tribunal, namely: [ 277 more words ]
https://www.biznisafrica.com/sa-competition-tribunal-approves-the-lonmin-acquisition/

Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) is pleased to announce that the South African Competition Tribunal (the Competition Tribunal) has approved the proposed acquisition of Lonmin Plc (Lonmin)(the Transaction), subject to specific conditions. In addition to the conditions agreed betwe...

21/11/2018
Technology is the next natural step in our evolution - BizNis Africa

A majority of technology expects participating at the 14th Eastern Cape ICT Summit currently underway in East London agree that technology will help bring about change in the country in various aspects of society and the industry. In fact, delivering his presentation on 5G as a Driver of Economic Inclusion at the Summit, Chief Officer for Vodacom Business Enterprise Group, William Mzimba amongst other aspects shared that he is confident that the convergence of the 5G and the Internet of Things (IoT) technologies will help create a positive impact on society and on people’s lives if and when it is embraced. [ 394 more words ]
https://www.biznisafrica.com/technology-is-the-next-natural-step-in-our-evolution/

A majority of technology expects participating at the 14th Eastern Cape ICT Summit currently underway in East London agree that technology will help bring about change in the country in various aspects of society and the industry. In fact, delivering his presentation on 5G as a Driver of Economic In...

14/11/2018
Africa Investment Forum 2018 vision remains capital flows - BizNis Africa

“Vision is the art of seeing what is invisible to others,” a saying goes. When African Development Bank (www.AfDB.org) President Akinwumi Adesina laid out his vision to tilt the flow of capital into Africa by convening the first transaction-based investment forum, many did not see what was coming ahead. One year down the road, the verdict is undisputed. The three-day Africa Investment Forum ended November 9th in the South African capital exceeding the expectations of its conveners – The African Development Bank. [ 632 more words ]
https://www.biznisafrica.com/africa-investment-forum-2018-vision-remains-capital-flows/

“Vision is the art of seeing what is invisible to others,” a saying goes. When African Development Bank (www.AfDB.org) President Akinwumi Adesina laid out his vision to tilt the flow of capital into Africa by convening the first transaction-based investment forum, many did not see what was comin...

14/11/2018
Afreximbank launches facility to fastrack Bankability of African Projects - BizNis Africa

The African Export-Import Bank (Afreximbank) has launched a project preparation facility aimed at increasing the availability of viable well-prepared projects in Africa and at making such projects bankable and attractive to investors. The Afreximbank Project Preparation Facility (APPF), launched in Johannesburg, South Africa, on 8 November on the sidelines of the Africa Investment Forum, will provide technical and financial support to early stage companies in the preparation and development of projects from conceptual stage to bankability stage, the point at which such projects can attract interest from equity investors and debt financiers. [ 297 more words ]
https://www.biznisafrica.com/afreximbank-launches-facility-to-fastrack-bankability-of-african-projects/

The African Export-Import Bank (Afreximbank) has launched a project preparation facility aimed at increasing the availability of viable well-prepared projects in Africa and at making such projects bankable and attractive to investors. The Afreximbank Project Preparation Facility (APPF), launched in....

14/11/2018
Africa’s first infrastructure performance index set to launch in 2019 - BizNis Africa

RisCura has partnered with Africa Investor to launch Africa’s first infrastructure performance index in early 2019. “For years one of the main constraints for institutional investment into infrastructure in Africa has been the lack of a benchmark,” says Heleen Goussard, RisCura Head of Unlisted Investment Services. “We believe the introduction of this index will enable increased investment into this asset class, as indices and benchmarks play a critical role in investment management,” says Goussard. [ 409 more words ]
https://www.biznisafrica.com/africas-first-infrastructure-performance-index-set-to-launch-in-2019/

RisCura has partnered with Africa Investor to launch Africa’s first infrastructure performance index in early 2019. “For years one of the main constraints for institutional investment into infrastructure in Africa has been the lack of a benchmark,” says Heleen Goussard, RisCura Head of Unliste...

14/11/2018
Africa Forum to take place in Sharm El-Sheikh - BizNis Africa

he Ministry of Investment and International Cooperation of Egypt and COMESA Regional Investment Agency today confirmed dates for the Africa 2018, a high-level forum offering participants an unparalleled platform for promoting trade and investment within the continent. The Forum will be held under the High Patronage of H.E. President Abdel Fattah Al Sisi, President of the Arab Republic of Egypt on 8-9 December 2018, in Sharm El Sheikh, Egypt. [ 301 more words ]
https://www.biznisafrica.com/africa-forum-to-take-place-in-sharm-el-sheikh/

he Ministry of Investment and International Cooperation of Egypt and COMESA Regional Investment Agency today confirmed dates for the Africa 2018, a high-level forum offering participants an unparalleled platform for promoting trade and investment within the continent. The Forum will be held under th...

14/11/2018
Africa50 signs deal to develop Kigali Innovation City - BizNis Africa

Africa50, the pan-African infrastructure investment platform, has signed an agreement with the Republic of Rwanda to develop and finance a “Digital Innovation Precinct”, including commercial and retail complexes, as part of Kigali Innovation City (KIC). The announcement was made at a signing ceremony organized by Africa50 during the Africa Investment Forum in Johannesburg on Wednesday. Under the terms of the agreement Africa50 was appointed co-sponsor and partner of the project. [ 305 more words ]
https://www.biznisafrica.com/africa50-signs-deal-to-develop-kigali-innovation-city/

Africa50, the pan-African infrastructure investment platform, has signed an agreement with the Republic of Rwanda to develop and finance a “Digital Innovation Precinct”, including commercial and retail complexes, as part of Kigali Innovation City (KIC). The announcement was made at a signing cer...

27/10/2018
Africa CEO Forum plans to attract over 700 executives in 2019 - BizNis Africa

More than 700 African and international CEOs attend the AFRICA CEO FORUM each year. Coming from 70 countries, they represent the key economic sectors that drive Africa’s growth including finance, energy, health, infrastructure, telecommunications, education and agribusiness. Some of our previous high-level participants including Kuseni Dlamini, Chairman of Massmart Holding Ltd., South Africa, Tonye Cole, CEO, Sahara Group, Nigeria, Tewolde Gebremariam, CEO, Ethiopian Airlines, Ethiopia, Abdul Samad Rabiu, Chairman and CEO of BUA Group, Nigeria, Toyin Sanni, CEO, Emerging Africa Group, Nigeria, explain the reasons why the AFRICA CEO FORUM is a not-to-miss event. For more information log on www.africaceoforum.com Why an African CEO should be attending this event? Why is this event important to you?
https://www.biznisafrica.com/africa-ceo-forum-plans-to-attract-over-700-executives-in-2019/

More than 700 African and international CEOs attend the AFRICA CEO FORUM each year. Coming from 70 countries, they represent the key economic sectors that drive Africa’s growth including finance, energy, health, infrastructure, telecommunications, education and agribusiness.   Some of our previou...

27/10/2018
Mining Journalism Training 2018 held in Johannesburg - BizNis Africa

Menar concluded a successful second instalment of the Mining Journalism Training program on the 22nd of October 2018, at the Turbine Hall in Johannesburg with a site visit to an operating mine, Phalanndwa Colliery in Delmas, which was scheduled for the 23rd of October 2018. The training had 20 attendees from various institutions such as SABC news, Reuters, Tiso Blackstar, City Press newspaper, Mining Review Africa, SABC TV news, SABC Channel Africa, Mpumalanga Press, University of the Witwatersrand, SARB, Help2Read (NPO) and Civil Society Organisations Extractive Industries Technical Group Monthly magazine called CSO-EITI Bulletin seeking in-depth knowledge of the mining economy. [ 92 more words ]
https://www.biznisafrica.com/mining-journalism-training-2018-held-in-johannesburg/

Menar concluded a successful second instalment of the Mining Journalism Training program on the 22nd of October 2018, at the Turbine Hall in Johannesburg with a site visit to an operating mine, Phalanndwa Colliery in Delmas, which was scheduled for the 23rd of October 2018. The training had 20 atten...

27/10/2018
South African Women in Property Awards held in Sandton - BizNis Africa

The South African Women in Property Awards (SAWIPA) were hosted at the Inanda Club on the 23rd October 2018. Amongst those who attended the awards were women in the property industry, members of the Women’s Property Network (WPN) as well as representatives of corporates and industry bodies. The awards recognise women who continue to influence and change the landscape of the property industry. [ 501 more words ]
https://www.biznisafrica.com/south-african-women-in-property-awards-held-in-sandton/

The South African Women in Property Awards (SAWIPA) were hosted at the Inanda Club on the 23rd October 2018. Amongst those who attended the awards were women in the property industry, members of the Women’s Property Network (WPN) as well as representatives of corporates and industry bodies. The aw...

24/10/2018
MTBPS aims to steer South Africa in right direction - BizNis Africa

South African Finance Minister Tito Mboweni delivered his maiden Medium-Term Budget Policy Statement (MTBPS) to Parliament on 24 October 2018. Entitled “South Africa at a Crossroads”, the document admitted that the country’s economic structure is not conducive to high growth and job creation. The rand and bond yields reacted negatively to the statement. Quoting author Charles Dickens, Minister Mboweni sees the present as the best of times and the worst of times in South Africa. [ 1,488 more word ]
https://www.biznisafrica.com/mtbps-aims-to-steer-south-africa-in-right-direction/

South African Finance Minister Tito Mboweni delivered his maiden Medium-Term Budget Policy Statement (MTBPS) to Parliament on 24 October 2018. Entitled “South Africa at a Crossroads”, the document admitted that the country’s economic structure is not conducive to high growth and job creation. ...

18/10/2018
Nigerian business wins Nutrition Pitch Competition - BizNis Africa

A Nigerian business is celebrating after winning a competition involving some of the continent’s most exciting enterprises working to improve access to nutritious foods. Kennie-O Cold Chain Logistics from Kwarah State was crowned champion of the first Africa edition of the Scaling Up Nutrition Pitch Competition held at the Nutrition Africa Investor Forum in Nairobi, Kenya. Kennie-O Cold Chain Logistics was established in 2014 to provide reliable cold chain solutions for Nigeria’s food industry, thereby reducing post-harvest losses. [ 444 more words ]
https://www.biznisafrica.com/nigerian-business-wins-nutrition-pitch-competition/

A Nigerian business is celebrating after winning a competition involving some of the continent’s most exciting enterprises working to improve access to nutritious foods. Kennie-O Cold Chain Logistics from Kwarah State was crowned champion of the first Africa edition of the Scaling Up Nutrition Pit...

18/10/2018
Africa's youngest Billionaire still missing in Tanzania - BizNis Africa

Africa’s youngest billionaire Mohammed Dewji has been kidnapped by masked gunmen in Tanzania’s main city Dar es Salaam, police say. Dewji, who is reportedly worth 1.5 billion dollars, has been kidnapped since 11 October 2018. Police have arrested 20 people in relation to the kidnapping. The family of kidnapped Tanzanian billionaire has offered almost $500 000 in reward money for any information leading to his whereabouts.
https://www.biznisafrica.com/africas-youngest-billionaire-still-missing-in-tanzania/

Africa’s youngest billionaire Mohammed Dewji has been kidnapped by masked gunmen in Tanzania’s main city Dar es Salaam, police say. Dewji, who is reportedly worth 1.5 billion dollars, has been kidnapped since 11 October 2018. Police have arrested 20 people in relation to the kidnapping. The fami...

16/10/2018
Technology and innovative finance key to reaching end users in Africa - BizNis Africa

New technology and blended finance will help to bridge the last mile of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank during a session at the Global Infrastructure Forum 2018. This year’s forum themed “Unlocking Inclusive, Resilient, and Sustainable Technology-driven Infrastructure,” took place October 13, 2018, on the sidelines of the World Bank/International Monetary Fund annual meetings. [ 401 more words ]
https://www.biznisafrica.com/technology-and-innovative-finance-key-to-reaching-end-users-in-africa/

New technology and blended finance will help to bridge the last mile of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank during a session at the Global Infrastructure Forum 2018. This...

16/10/2018
Pick n Pay Group turnover up by 6.4% - BizNis Africa

Pick n Pay today, 16 October 2018, published its financial results for the six months ended 26 August 2018. Headline earnings per share grew 80.5%, with diluted HEPS up 80.4%. Normalised headline earnings per share and normalised diluted headline earnings per share, removing the impact of voluntary severance costs in the prior year, are up 17.0% year-on-year. Turnover grew 6.4%, and 3.8% like-for-like. [ 502 more words ]
https://www.biznisafrica.com/pick-n-pay-group-turnover-up-by-6-4/

Pick n Pay today, 16 October 2018, published its financial results for the six months ended 26 August 2018. Headline earnings per share grew 80.5%, with diluted HEPS up 80.4%. Normalised headline earnings per share and normalised diluted headline earnings per share, removing the impact of voluntary....

16/10/2018
Renewable energy and food security trends in Africa - BizNis Africa

Sub-Saharan Africa is a hungry place. In 2016, 224 million people were undernourished in the region. That is 46 million more than went hungry in 2000. Despite progress made in alleviating undernourishment—reducing it from 28,1 percent in 2000 to 20 percent in 2010—the figure has begun to creep up again to 22,7 percent in 2016. At current growth rates, Africa is expected to be able to feed only 13% of its population with its own resources by 2050. [ 743 more words ]
https://www.biznisafrica.com/renewable-energy-and-food-security-trends-in-africa/

Sub-Saharan Africa is a hungry place. In 2016, 224 million people were undernourished in the region. That is 46 million more than went hungry in 2000. Despite progress made in alleviating undernourishment—reducing it from 28,1 percent in 2000 to 20 percent in 2010—the figure has begun to creep u...

16/10/2018
Africa’s debt capital markets resilient in a sea of global change - BizNis Africa

Activity in Africa’s debt capital markets remains remarkably resilient despite global trade wars, Brexit concerns and high interest rates in a resurgent United States economy which is translating into emerging market jitters. Even as concerns around African sovereign debt mount, increasing global integration and the internal capability of the continent’s debt capital markets looks set to sustain Africa’s ability to import capital and manage debt through the current global cycle. [ 806 more words ]
https://www.biznisafrica.com/africas-debt-capital-markets-resilient-in-a-sea-of-global-change/

Activity in Africa’s debt capital markets remains remarkably resilient despite global trade wars, Brexit concerns and high interest rates in a resurgent United States economy which is translating into emerging market jitters. Even as concerns around African sovereign debt mount, increasing global ...

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