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LATEST Africa  

Mozambique millionaires seen leading growth of Africa’s rich

3 Aug 2015 /  Janice Kew, Bloomberg  
South Africa is expected to remain home to most of the continent’s wealthy.

The changing face of asset management in Africa

31 Jul 2015 /  Ingé Lamprecht  
PwC expects AUM in 12 markets to reach $1.1trn by 2020.

Ecobank’s H1 profit advances

30 Jul 2015 /  Emele Onu, Bloomberg  
As the lender continues cost cutting.

Zimbabwe misses H1 tax target

29 Jul 2015 /  MacDonald Dzirutwe, Reuters  
Mining royalties plunge.

Mzi’s Back!!

29 Jul 2015 /  Lawrie Williams  
Mzi Khumalo has developed Metallon into Zimbabwe’s largest gold miner and is on the road to a London listing.

Obamba warns that Africa’s political leaders are falling short

28 Jul 2015 /  Mike Dorning and Margaret Talev, Bloomberg  
Says the continent's economic progress rests on 'a fragile foundation'.

Africa woos private equity funds with milk, roses

27 Jul 2015 /  Joe Brock, Reuters  
Money flows spreading beyond SA. Investors focus on rising middle-class consumers.

Sub-Saharan African bond rush goes on

22 Jul 2015 /  Karin Strohecker, Reuters  
Despite risks to borrowers, investors.

Zimbabwe says foreign investments up

21 Jul 2015 /  MacDonald Dzirutwe, Reuters  
But empowerment law a hurdle.

SABMiller’s Zim unit plans job cuts

16 Jul 2015 /  Godfrey Marawanyika, Bloomberg  
As lager volumes decline.

Eskom’s Uganda unit plans $16m upgrade

16 Jul 2015 /  Bloomberg  
Investing in fibre optic lines linking two plants, as well as upgrading equipment.

European Investment Bank plans Africa expansion as economy grows

15 Jul 2015 /  David Malingha Doya, Bloomberg  
Aims to open offices in four more African cities as it strengthens its foothold on the continent.

Zambia’s mining industry says new tax rules will scare away investors

15 Jul 2015 /  Chris Mfula, Reuters  
Glencore , Barrick Gold, Vedanta Resources and First Quantum Minerals among foreign mining companies in Zambia.

Africa should lure Bangladesh’s garment industry

10 Jul 2015 /  Megan McArdle, Bloomberg  
If Africa wants to get rich, a good place to start is probably the garment trade.

Church run by Nigeria’s TB Joshua should be prosecuted over building collapse – coroner

8 Jul 2015 /  Reuters  
Says poor construction work and weak foundations led to the disaster.
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