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AfricaMoney | May 1, 2017

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South Africa

Opportunity for Mauritius as gateway to Africa as sub-Saharan Africa`s middle class set to boom.

August 29, 2014 | The study which uses a proven methodology widely employed in South Africa reported that the combined GDPs of the 11 measured economies has grown subsequently since 2000, up from 4.6 million, and 2.4 million in 1990. (Image: MRead More

Africa: Financial services market on lookout for asset management experts

May 20, 2014 |

The Society of Trust and Estate Practitioners (STEP) worldwide is preparing to organise its next international conference in Mauritius in March 2015. (Image: STEP)

The STEP South Africa Conference, organised by th...
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International law firm Eversheds to expand into Mauritius, South Africa

December 5, 2013 |

London-based law firm Eversheds, with lawyers at 50 offices in 29 countries worldwide, has announced a tie up with Mahons Attorneys, which is present in Johannesburg, Cape Town and Port Louis. (Image: Legal Week)

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Mauritius, South Africa show ‘very high’ prevalence of tobacco usage

November 28, 2013 | Africa is likely to face a severe health threat in the form of a smoking epidemic from the fast-growing increase in tobacco use, according to a report by the American Cancer Society. (Image: Shutterstock) With the recent rise in duty on tobacco products by 5% under Budget 2014, i...
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Mauritius tops Sub-Saharan Africa in Doing Business report

October 29, 2013 | Mauritius, Rwanda and South Africa have emerged as the top three regional performers in the World Bank’s 2014 Doing Business report. Mauritius, Rwanda and South Africa have emerged as the top three regional performers in the World Bank’s 2014 Doing Business report. Ranked glo...
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Southern African borderless trading to boost Mauritius

October 10, 2013 |

For small island nations like Mauritius, regional integration can alleviate problems of connectivity to the mainland and global markets, according to a recent report by the African Development Bank. (Source: Read More

UK internet-based lender to extend credit to SA small businesses

October 2, 2013 |

Wonga Finance SA CEO Kevin Hurwitz (Source:

UK-based lender Wonga is exploring the possibility of offering loans to small and medium enterprises (SMEs) in South African in the coming year. The int...
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South Africa: UK’s gateway to the African continent

October 1, 2013 |

Of all the countries comprising the BRICS (Brazil, Russia, India, China and South Africa) bloc, South Africa is of particular interest to UK businesses. For those wondering why, the answer lies in the social and cultural similarities between the two geographically dis...
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SA casual dining chain set for African expansion

October 1, 2013 |

Spur CEO Pierre van Tonder at a Spur restaurant. (Source: FINANCIAL MAIL)

South African casual dining chain Spur, which is listed on the JSE, recently said that it would adopt an Africa focus in its expansion drive...
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Kenya, SA shining: building bridges, nurturing innovation

October 1, 2013 |

Kenya’s ambassador to South Africa, Patrick Wamoto, recently wooed investors, leading a business delegation to the East African commerce hub, to illustrate its importance as a gateway to commerce in the region.

Wamoto said the co...
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BBC to launch Africa Business TV Show

August 23, 2013 | The BBC World News has announced this week that as from the 5th October it will launch the Africa Business Report, and which w will be presented by South African business expert and former World Service broadcaster Lerato Mbele, reports African Business Review. Presented by South Afric...
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SA property firm targets growing retailer interest in Kenya

August 19, 2013 |

 South African property management firm Broll has entered the Kenyan market in an effort to benefit from the growing number of foreign retailers seeking space to conduct business in the East African country

Fellow South African fi...
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Coega exceeds jobs target

August 5, 2013 |

The Coega Development Cooperation (CDC), South Africa, has exceeded its jobs target by creating 13 596 direct and indirect jobs in the 2012/13 financial year, the state-owned company said recently.

It also trained 13 607 people, ...
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South Africa’s Zurich mulls great prospects

August 5, 2013 |

Ventures Africa wrote that JSE-listed Zurich said its prospects looked great and it is now concentrating on attaining gainful earnings growth. The short term insurance company said it also planned to turn around its underwriting outcomes, which have been under pressur...
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Funding approved for TASA Gauteng

August 1, 2013 |

According to African Business Review, TASA Gauteng has been awarded R10.6 million from Gauteng Enterprise Propeller (GEP), a government agency, as part of a three-year contract to ...
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Microsoft to deliver White Space Broadband to SA

July 29, 2013 | Software giant, Microsoft Corp. has partnered with University of Limpopo’s Council for Scientific and Industrial Research and local network builder, Multisource to launch a pilot project that will deliver high-speed and affordable broadband to under-served communities using “white spaces” tech...
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First Steers branch open in London

July 8, 2013 |

Ventures Africa reports that the first Steers food store is now operational in Claphma, southwest of London. Steers is owned by Famous Brands, the JSE-listed food retailer based in South Africa.  This followed endless calls from many South Africans living and working...
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ICCI Bank eyes Mauritius, South Africa and Australia

July 4, 2013 | 1 reported this morning that India’s largest private sector lender, the ICCI Bank is on the verge of expanding its activities in the African continent, Mauritius and South Africa, as well as Australia. After a hiatus of three years in the aftermat...
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GII: Mauritius leaves India and South Africa behind

July 3, 2013 |

In the latest report of the Global Innovation Index (GII)released today  for the year 2013, Mauritius has been ranked 53rd. Mauritius is ranked first in Sub-Saharan Africa, made up of a total of 32 countries, South Africa trailing behind, ranked at 58.  Mauritius, a...
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SA Express and SAA to train youth from disadvantaged backgrounds

June 26, 2013 |

South African Airways (SAA) and SA Express announced yesterday a joint effort to train scores of young South Africans to become qualified commercial pilots.  The two state-owned airlines will pull together their resources to create a jointly managed and reso...
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Obama’s visit to SA will strengthen ties- Zuma

June 25, 2013 |

Ventures Africa reported that the United States President Barack Obama’ s visit to South Africa will help strengthen ties between the two countries. Ventures Africa was quoting Jacob Zuma, President of South Africa, this week. “This will present an opportunity to ...
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BEE will help boost economic growth: Davies

June 21, 2013 | The South African Government News Agency reports that the Black Economic Empowerment (BEE) is not only a political and social necessity in redressing the wrongs of the past, but will also help broaden economic participation which will contribute significantly to ec...
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SAA and Air Seychelles announce code share agreement

May 5, 2013 | South African Airways (SAA), Africa’s most awarded airline, announced that it has entered into a codeshare agreement with Air Seychelles, the national airline of the Republic of Seychelles. The first phase of the agreement will see South African Airways place its “SA” code on Air Seychelles’...
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Top Social Media savvy companies in South Africa

April 29, 2013 |

Large corporate brands in Africa’s biggest economy, South Africa have woken up to social media, following in the footsteps of their customers, according to new findings from technology market researchers World Wide Worx and information analysts Fuseware. The South A...
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Impressive growth of 10.2% of tourist to South Africa in 2012

April 28, 2013 |

A total of 9 188 368 international tourists visited South Africa in 2012, 10.2% more than the 8 339 354 tourists who travelled to the country in 2011, President Jacob Zuma announced in Cape Town recently. South Africa’s tourist growth rate in 2012 was more than doub...
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SAA’s new technology set to reduce fuel burn and travel time

April 25, 2013 |

South African Airways (SAA) has received authorization to fly new safety enhancing and fuel saving instrument departure and approach procedures. The approval, which is the first in Africa, paves the way for further developments that could enhance safety and increase ...
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BP to invest more than R5 billion in South Africa

April 24, 2013 |

BP Group's Chief Executive Iain Conn has revealed sweeping plans to upgrade the company's operations in South Africa and Mozambique. BP has announced this week plans to invest in excess of R5 billion in South Africa and Mozambique over the next five years in new and...
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South African SMEs to get $80.5m boost

April 20, 2013 |

As part of its corporate plan, South Africa’s Small Enterprise Finance Agency (Sefa) annonced it will give out over R737 million ($80.5 million) to more than 15 000 small firms – most of which are micro enterprises – to create at least 18,000 jobs. Speaking to t...
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South Africa can be a top tourist destination in 2020

April 19, 2013 |

South Africa’s tourism minister Marthinus van Schalkwyk, has expressed optimism that Africa’s largest economy may become one of the world’s top tourist destinations by 2020. Speaking at an event in New York, van Schalkwyk revealed that the country’s tourism se...
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Aspen to invest in infant nutritional deal with Pfizer 

April 18, 2013 |

Shareholders of Aspen Holdings are advised that Aspen Group companies (“Aspen”) have concluded agreements with Nestlé S.A. in respect of the acquisition of certain rights to intellectual property licenses, net assets and shares in the IN businesses presently cond...
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