R/€ = 15.86 Change: 0.03
R/$ = 14.00 Change: 0.03
Au 1327.20 $/oz Change: 0.92
Pt 841.00 $/oz Change: 10.84


There is room for more ride-hailing services, says Taxify country manager

By: Irma Venter     23rd October 2018 Taxify believes there is room for another electronic ride-hailing service in South Africa. US-based Uber started operations in South Africa in 2013, with Estonia’s Taxify moving into the country in 2016. 

Will intra-Africa trade come of age in 2018?

By: African News Agency      3rd January 2018 Overcoming the barriers for intra-African trade to double in a decade can feel like a Sisyphean task – impossible to complete. But that is the objective of the Boosting Intra-African Trade (BIAT) action plan, which targets to double flows between January 2012 and January 2022. Many individual... 

First secretary-general appointed for African research body

By: Mia Breytenbach     12th August 2016 Vice-Chancellor of the University of Ghana professor Ernest Aryeetey has been appointed as secretary-general of the African Research Universities Alliance (Arua) to drive a collaborative initiative formed by research-intensive universities to strengthen research and postgraduate training on the... 

Kagiso Tiso buys stake in Nigerian healthcare group

By: Natalie Greve     20th July 2015 Looking to leverage off the growing healthcare sector in Nigeria, which remains underpinned by a growing middle class and a reduction in medical tourism, black-owned investment group Kagiso Tiso Holdings (KTH) has secured a “substantial” equity shareholding in Nigerian healthcare diagnostics... 

Pioneer to acquire majority share in Nigerian bakery for $7m

By: Tracy Hancock     3rd March 2015 JSE-listed Pioneer Foods will obtain the majority shareholding in Food Concepts Pioneer Limited (FCPL), for $7-million, allowing the food company to leverage FCPL’s existing infrastructure and brand recognition as a lower risk, route-to-market opportunity to expand its basket. Under the terms of... 

Interswitch Launches Us$10 Million E-Payment Growth Fund

16th February 2015 Interswitch, a leading pan-African integrated payment, processing and transaction switching company, announces the launch of a new US$10 million ‘ePayment Growth Fund’. The fund is intended to serve as a catalyst for funding innovation and disruptive business concepts within the payment industry... 

‘Next 10’ biggest sub-Saharan African cities hold real future opportunity – PwC

By: Leandi Kolver     14th August 2014 Foreign investors were increasingly recognising the untapped potential of sub-Saharan Africa, with Africa expected to have the biggest labour force and faster economic growth than any other region by 2040, PwC’s latest ‘Global Economy Watch’ report has shown. The report stated that while most... 


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