Friday, 24 November 2017

Category: Markets

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Ford invests R3-billion for production expansion in SA

Ford invests R3-billion for production expansion in SA

Ford Motor Company of Southern Africa on Friday announced that it was investing $220-million to expand production capacity at its South African manufacturing operations in order t ...

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Uganda commissions first 10MW photovoltaic system Solar Plant

Uganda commissions first 10MW photovoltaic system Solar Plant

Uganda will now be able to add 16 GWH of power each year to her national grid following the recent commissioning of 10MW photovoltaic system Tororo North Solar Plant in the Easter ...

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MTN reports drop in subscribers

MTN reports drop in subscribers

MTN, Africa’s mobile giant reported a 0.7% decline in subscriber numbers in the September quarter. The company said that group subscribers declined marginally by 0.7% quarter-on-q ...

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South Africa’s accelerating skills shortage

South Africa’s accelerating skills shortage

South Africa is grappling with an acute skills shortage in a number of key economic sectors. Various studies and commentaries point to a growing, serious mismatch between the skil ...

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Angola’s new president, Lourenco, orders review of oil and mining sectors

Angola’s new president, Lourenco, orders review of oil and mining sectors

Angola’s new president has ordered a 30-day review of the nation’s oil industry to address the “significant” challenges it faces, his first expedition into the key business since ...

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Kenya electoral standoff hits property sales around Nairobi

Kenya electoral standoff hits property sales around Nairobi

Real estate players have reported a sharp drop in sale of land and developed properties that has delayed return on investments for the industry. Letas Developers managing director ...

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Rwanda hotel sector up by 8.8%

Rwanda hotel sector up by 8.8%

The Rwandan hotel investment market has improved strongly over the last 8 years. According to the African Hotel Report 2017 by Hotel Partners Africa, that will be released tomorro ...

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Fuel price hike likely for November – SA

Fuel price hike likely for November – SA

South African motorists look set to face another fuel price increase in November, although petrol is only likely to increase marginally. Based on mid-month fuel price data from th ...

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World Bank upholds South Africa’s economic growth

World Bank upholds South Africa’s economic growth

The World Bank today maintained South Africa’s economic growth this year at 0.6% despite citing that economic activity expanded at a faster-than-expected rate in the second quarte ...

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China-SA host small business enterprises fair

China-SA host small business enterprises fair

South Africa will co-host the China International Small and Medium Enterprises Fair (CISMEF) which aims to unlock markets for small businesses and cooperatives. The 2017 edition o ...

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