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Jobs crisis: Can this task team cut it?

Jobs crisis: Can this task team cut it?

11/08/2015 - 11:08
South Africa’s mining sector faces a “perfect storm” that poses a massive challenge to emergency talks by trade unions, the department of mineral resources and the Chamber of Mines, according to the chamber’s CEO, Roger Baxter. read more
SA unemployment is the economy’s fault: Zuma

SA unemployment is the economy’s fault: Zuma

17/06/2015 - 12:20
President Jacob Zuma says that many young graduates are without work because of a stagnating economy. read more
Best places to get a job in South Africa

Best places to get a job in South Africa

17/04/2015 - 09:11
New data shows that labour market conditions in South Africa have improved following the economic crisis as the number of employed persons increased between 2008 and 2014 from 14.6 million to 15.1 million. read more
SA’s informal sector sheds 65,000 jobs between 2008 and 2014

SA’s informal sector sheds 65,000 jobs between 2008 and 2014

06/02/2015 - 10:45
SA’s informal sector, which mostly employs the unskilled and those with little education, shed jobs between 2008 and last year while the formal sector added jobs, Statistics SA said in a labour report on Tuesday. read more
Fastest Growing Industries for 2015

Fastest Growing Industries for 2015

03/02/2015 - 15:57
While it’s hard to say with certainty exactly what 2015 has in store, a review of the past year paints a pretty good picture of what’s to come for job seekers.  read more
Uber creates 2 000 jobs in South Africa

Uber creates 2 000 jobs in South Africa

22/01/2015 - 13:38
Uber, the app that connects riders with drivers, says it has already created over 2 000 jobs across South Africa since launching in late 2013. read more
Minimum wage a ‘political game’

Minimum wage a ‘political game’

10/11/2014 - 09:36
Cape Town - The start of public hearings on a possible national minimum wage yesterday turned into something of a political spat, with the DA calling the process a “political game” on the part of the ANC.  read more
More jobs and better pay are vital to create a more equal SA

More jobs and better pay are vital to create a more equal SA

07/11/2014 - 11:03
SA’s tax and government spending policies do the most to redistribute wealth from the rich to the poor compared to other middle-income countries, says a new World Bank study. Yet SA remains the most unequal society among them. read more
Unemployment data offer jobless little joy

Unemployment data offer jobless little joy

03/11/2014 - 11:37
Unemployment was largely flat in the third quarter as the economy managed to create a small number of jobs while people gave up actively seeking work. read more
22 000 jobs created, data shows

22 000 jobs created, data shows

31/10/2014 - 09:40
Pretoria - 22 000 jobs have been created between the second and third quarters of this year, Statistics SA said on Thursday. read more
Unemployment data put jobs in spotlight

Unemployment data put jobs in spotlight

30/10/2014 - 08:59
Jobs — or rather the lack of them — will come into focus on Thursday when Statistics SA releases unemployment data for the third quarter. read more
Warning against fake traffic jobs

Warning against fake traffic jobs

20/10/2014 - 12:16
Polokwane - Job seekers have been warned against a bogus circular advertisement for traffic posts in Limpopo. read more
Economy creates more formal-sector jobs

Economy creates more formal-sector jobs

03/10/2014 - 10:02
The number of formal-sector jobs increased by 155, 000 to 8.666-million in the second quarter, Statistics SA’s quarterly employment statistics (QES) showed on Monday. read more
More jobs but fewer skills

More jobs but fewer skills

16/09/2014 - 13:00
Johannesburg - The rate of employment creation has increased since 1994 with black people benefiting the most, the presidency said on Monday. read more
Job prospects look better for fourth quarter, says survey

Job prospects look better for fourth quarter, says survey

11/09/2014 - 10:37
Employment prospects for the fourth quarter of this year have improved, although employers will not significantly increase staff levels due to subdued economic growth. read more
Ramaphosa: Game farmers create jobs

Ramaphosa: Game farmers create jobs

08/09/2014 - 10:32
Johannesburg - Deputy President Cyril Ramaphosa has defended the right of private game breeders to own South African land. read more
Footwear sector shows promising jobs growth

Footwear sector shows promising jobs growth

01/09/2014 - 10:46
Johannesburg - Employment in the footwear and leather sector has grown by 5% between 2012 and 2014, Trade and Industry Minister Rob Davies Sunday. read more
Massmart to reinstate retrenched workers

Massmart to reinstate retrenched workers

19/08/2014 - 11:34
Johannesburg - Massmart has initiated a plan to reinstate employees who were retrenched in 2009 and 2010, the Competition Commission said on Monday. read more
WeChat SA to launch 100,000 micro-jobs

WeChat SA to launch 100,000 micro-jobs

08/08/2014 - 10:12
South African companies including TomTom, 1Life, and Hippo, through Telesure, have collaborated with new micro-jobbing platform M4JAM (money for jam) to make over 100,000 micro-jobs available at launch next week. read more
Joblessness will remain intractable

Joblessness will remain intractable

29/07/2014 - 14:24
The days of high unemployment in South Africa were far from over and the creation of jobs will not be as quick as desired, because of the country’s below-potential economic growth, Reserve Bank governor, Gill Marcus said on Friday. read more
Cocoa Farmers to be paid via E-zwich

Cocoa Farmers to be paid via E-zwich

11/07/2014 - 11:23
In the coming months, cocoa farmers would receive payment for their produce via E-zwich. The Ghana Interbank Payment and Settlement Systems are spearheading this after discussions with COCOBOD. The initiative aims to enhance and revolutionize the purchasing process in the cocoa industry. read more
Union launches Telkom race campaign

Union launches Telkom race campaign

09/07/2014 - 11:34
Johannesburg - Solidarity intends using social media and court action to stop what it says are race-based retrenchments at Telkom, the trade union said on Tuesday.  read more
SA government offering incentives to keep whites out of jobs

SA government offering incentives to keep whites out of jobs

27/06/2014 - 15:02
Public service managers are being encouraged to keep posts vacant rather than fill them with whites, an SA Institute of Race Relations (SAIRR) consultant said in a newsletter this week. read more
SA formal employment rises

SA formal employment rises

25/06/2014 - 12:09
Year-on-year employment in South Africa increased by 42,000 between March 2013 and March 2014, new data showed on Tuesday. read more
Zuma put up for sale in ad

Zuma put up for sale in ad

25/06/2014 - 11:16
Johannesburg - President Jacob Zuma was put up for sale in a tongue-in-cheek advert on classifieds website, Gumtree, The Star reported on Monday. read more
Wal-Mart former chief retiring from board

Wal-Mart former chief retiring from board

25/04/2014 - 12:11
Bentonville, Ark. -- Wal-Mart Stores, Inc.has announced that its former president and CEO Lee Scott will not seek re-election to the company’s board of directors. read more
Hangala Group sets sights on new commercial and retail investment, Namibia

Hangala Group sets sights on new commercial and retail investment, Namibia

23/04/2014 - 11:29
With a mixed residential property valued at approximately N$60 million, the Hangala Group has set its sights on Otavi. The property will consist of general residential erven, a retail centre, a private hospital, a filling station, business and light industrial parks in conjunction with the Namibia Development Corporation, aimed at housing carpenters, plumbers and electricians, to mention but a few. read more
China shoe strike spreads

China shoe strike spreads

23/04/2014 - 11:14
Shanghai - One of China's biggest strikes in years stretched into a second week on Monday and spread from a huge shoe production complex in southern Guangdong province to a facility owned by the same company in the neighbouring Jiangxi province.  read more
Kenya's Village Market embarks on retail upgrade

Kenya's Village Market embarks on retail upgrade

17/04/2014 - 11:12
Nairobi's prime shopping and recreation complex, Village Market, is set to undergo a major redevelopment starting next month after securing a Sh5 billion loan. read more
Superior Milling Company to launch new maize products, Zambia

Superior Milling Company to launch new maize products, Zambia

17/04/2014 - 10:43
Superior Milling Company, which has resolved to buy 80,000 tonnes of maize from local farmers this harvest season, will soon launch new maize meal products on the local market. read more
Namibian canned fish brand to fully penetrate market

Namibian canned fish brand to fully penetrate market

16/04/2014 - 11:12
Efuta has made significant strides, notching 36 months of shelf life, a first for a truly Namibian horse mackerel canned product. Efuta was presented to members of parliament ahead of the Ministry of Fisheries and Marine Resources budget submission at the Parliament Gardens earlier this month. read more
SABMiller SA to cut 1 400 jobs

SABMiller SA to cut 1 400 jobs

15/04/2014 - 09:04
Johannesburg - A spokesperson for the Food and Allied Workers Union (Fawu) says it has called an urgent meeting after hearing that SABMiller is considering cutting 1 400 jobs. read more
Kuseni Dlamini appointed non-executive chairman of Massmart

Kuseni Dlamini appointed non-executive chairman of Massmart

11/04/2014 - 14:40
Johannesburg – Massmart-Walmart today announced that Mr Kuseni Dlamini has been appointed as the independent Non-Executive Chairman of the Board of Massmart. Mr Dlamini takes over from Mark Lamberti with effect from 10 April 2014, who was recently appointed CEO of Imperial Holdings Limited. read more
Massmart CEO, Grant Pattison, to step down

Massmart CEO, Grant Pattison, to step down

11/04/2014 - 09:58
Johannesburg – Massmart today announced Grant Pattison’s decision to step down as CEO, effective 1 June 2014. Guy Hayward, currently Chief Operating Officer, has been named as his successor. The appointment is in line with the Group’s succession plan, enabling a smooth leadership transition. read more
Shoprite opens in Kano, northern Nigeria

Shoprite opens in Kano, northern Nigeria

11/04/2014 - 08:39
KANO (AFP) – South African retailer Shoprite on Thursday opened its first outlet in northern Nigeria, as part of an aggressive expansion drive and defying wider concerns about security in the region.  read more
Kroger senior VP to retire

Kroger senior VP to retire

09/04/2014 - 08:36
Cincinnati -- The Kroger Co. announced that senior VP Robert "Pete" Williams plans to retire in May after 37 years with the company. read more
Exporting companies buckle under pressure, Zimbabwe

Exporting companies buckle under pressure, Zimbabwe

08/04/2014 - 08:38
HARARE - More than half of Zimbabwe’s exporting companies are facing stiff competition from Chinese and South African firms. read more
Eastmatt retail chain opens new CBD outlet, Kenya

Eastmatt retail chain opens new CBD outlet, Kenya

07/04/2014 - 10:43
Retailer chain Eastmatt Supermarkets has opened a new outlet in Nairobi’s CBD in space previously occupied by a Tuskys branch next to the fire station. read more
Meatco revises its strategy: unexpected increase in cattle numbers

Meatco revises its strategy: unexpected increase in cattle numbers

07/04/2014 - 09:07
Following a decision to lay off seasonal workers in July 2013 because of a decline in cattle numbers marketed, Meatco has opted to revise the decision following an uptake in the number of cattle marketed.  read more
Walmart names president of health and wellness

Walmart names president of health and wellness

04/04/2014 - 09:34
Bentonville, Ark. -- Walmart named Labeed Diab senior VP and president health and wellness, filling a position previously held by Dr. John Agwunobi, who has left the company. read more
Adcock shares mute on CEO's appointment

Adcock shares mute on CEO's appointment

04/04/2014 - 08:13
Johannesburg - Adcock Ingram [JSE:AIP] named Kevin Wakeford as its new chief executive on Thursday, an appointment aimed at turning around the fortunes of the country's No.2 drugmaker.  read more
Dairibord in plant closure, Zimbabwe

Dairibord in plant closure, Zimbabwe

03/04/2014 - 15:03
HARARE - Listed Dairibord Holdings Limited (Dairibord) plans to shut down its Gweru plant as part of strategies to contain costs and rationalise operations. read more
13 new investors get EPZA nod, Tanzania

13 new investors get EPZA nod, Tanzania

02/04/2014 - 13:49
Dar es Salaam. A total of 13 new investors have been issued with licences by the Export Processing Zone Authority (EPZA). read more
Beer prices increase, Zambia

Beer prices increase, Zambia

31/03/2014 - 09:16
Zambian Breweries (ZB) Plc has increased prices of clear beer and other alcoholic beverages with effect from last week.  read more
Weetabix East Africa investment to double

Weetabix East Africa investment to double

26/03/2014 - 12:17
Cereal manufacturer Weetabix East Africa plans to double its investment in the region to Sh200 million this year. Speaking during a media tour at the Weetabix plant in Nairobi, managing director Ahsan Manji said the demand of cereals has increased tremendously to 8.5 million kilograms this year from 1.5m kilograms last year. He said they have an 81 per cent control of the Kenyan market with a 99 per cent spontaneous recall rate on brand awareness. read more
Ericsson South Africa announces BEE deal

Ericsson South Africa announces BEE deal

26/03/2014 - 11:21
Ericsson South Africa has announced that Ringgold Consortium has acquired a 25.1% equity stake in the company, as its Broad Based Black Economic Empowerment (BBBEE) partner. read more
UK: Morrisons suffers payroll data theft

UK: Morrisons suffers payroll data theft

17/03/2014 - 08:21
London - Morrison, Britain's No. 4 grocer, suffered a major theft of data from its staff payroll system, including bank account details, on the same day it issued a huge profit warning, it said on Friday. read more
Cross-listing of Kenyan supermarket meets hurdle

Cross-listing of Kenyan supermarket meets hurdle

13/03/2014 - 12:00
Dar/Nairobi. A technical challenge is delaying the cross-listing of Uchumi Supermarket at the Dar es Salaam Stock Exchange (DSE), BusinessWeek has learnt.  read more
Zambian Breweries to invest $35.2m in MFEZ malting plant

Zambian Breweries to invest $35.2m in MFEZ malting plant

12/03/2014 - 11:18
Zambian Breweries Plc has signed a lease agreement with the Lusaka South Multi Facility Economic Zone (MFEZ) Limited for the construction of a US$35.2 million malting plant. read more
Construction on 77 On Independence retail complex to begin in 2014, Namibia

Construction on 77 On Independence retail complex to begin in 2014, Namibia

12/03/2014 - 09:24
The Ohlthaver & List Group announced earlier last month that construction of ‘77 on Independence’ will start during the second quarter of 2014. This new CBD development in Windhoek is a joint venture between Ohlthaver & List Group of Companies and Howard Chamberlain Architects. read more
Construction sector to drive Namibian growth in 2014

Construction sector to drive Namibian growth in 2014

12/03/2014 - 08:47
Prospects for growth are higher on account of a construction boom, an IPPR overview of expected economic performance, released earlier last month, stated.  read more
Distell pays out to BEE shareholders

Distell pays out to BEE shareholders

12/03/2014 - 08:02
Stellenbosch - Distell has paid out in excess of R600m after tax to about 4 000 employees as part of the company’s employee share ownership plan (Esop), the company said on Monday. read more
NRF: Retail employment drops 6,700 in February, United States

NRF: Retail employment drops 6,700 in February, United States

10/03/2014 - 07:52
Washington, D.C. – The National Retail Federation (NRF) calculated retail employment was down 6,700 in February 2014, yet up 205,500 year-over-year. The biggest job losses were seen in electronics and appliance stores, and sporting goods, hobby, book and music stores.  read more
Target CIO resigns; chain to overhaul info security

Target CIO resigns; chain to overhaul info security

06/03/2014 - 14:37
New York -- Target Corp.’s chief information office, Beth Jacob, is resigning, effective Wednesday, as the retailer continues to deal with the fallout from its widespread data breach. The resignation came as Target said it is overhauling its information security practices. read more
 Zambia concerned with the trade barriers South Africa has imposed on its products

Zambia concerned with the trade barriers South Africa has imposed on its products

28/02/2014 - 09:25
Government says it is concerned with the trade barriers South Africa has imposed on some Zambian products and has led to trade imbalances between the two countries, with earnings standing at K5.65 billion per annum. read more
Kenyan retailer, Tuskys, locks horns with its workers again

Kenyan retailer, Tuskys, locks horns with its workers again

25/02/2014 - 10:07
Staff at supermarket chain Tuskys are likely to stage a second major strike after the management reportedly sacked over 100 employees citing "redundancy," union officials told the Star.  read more
EABL raises concern over Senator Keg levy

EABL raises concern over Senator Keg levy

24/02/2014 - 11:45
There are concerns of job losses in the beer industry following shut down of distributorship and outlets dealing in East African Breweries low-end beer Senator.  read more
KBL faces uncertain future, potential move to South Africa

KBL faces uncertain future, potential move to South Africa

24/02/2014 - 11:04
Local Batswana beverages giant, Kgalagadi Breweries Limited (KBL), is understood to have reached a tipping point in its struggles with the rising alcohol levy and tough beer regulations, with reports that further levy adjustments could force a relocation to South Africa. read more
Textile exports to US collapse, Botswana

Textile exports to US collapse, Botswana

24/02/2014 - 10:46
Textile and apparel exports from local manufacturers to the United States crumbled last year, falling 45% to US$5.86 million (P53 million) as a cocktail of adverse factors kept the local sector out of the lucrative market.  read more
Adcock up after chairman resigns

Adcock up after chairman resigns

20/02/2014 - 08:47
Johannesburg - Adcock Ingram, South Africa’s biggest maker of hospital products, rose the most in more than three months after chairman Khotso Mokhele resigned following demands from the two biggest shareholders. read more
Botswana retail set for growth says analyst

Botswana retail set for growth says analyst

18/02/2014 - 11:51
Botswana has emerged to be the best new market for global retailers in Sub-Saharan Africa; and the retail sector is expected to witness modest growth and more competition in 2014. read more
Fishing rights appeal deadline looms

Fishing rights appeal deadline looms

12/02/2014 - 08:52
Cape Town - The deadline for appeals by the public in the long-term fishing rights allocation process is next Friday, the fisheries department said.  read more
SA's factory output up 2.5%

SA's factory output up 2.5%

12/02/2014 - 08:40
Johannesburg - South Africa's manufacturing output rose 2.5 percent year-on-year in volume terms in December after a 0.3 percent increase in November, Statistics South Africa has said. read more
New BEE codes “not just about ticking boxes”

New BEE codes “not just about ticking boxes”

11/02/2014 - 10:13
A lack of understanding of how the revised Broad-Based Black Economic Empowerment Codes of Good Practice will practically be implemented and measured within smaller companies is holding them back in their compliance efforts. read more
World Bank says fish offers future food security

World Bank says fish offers future food security

11/02/2014 - 07:56
Aquaculture and fisheries will provide future food security which will be critical in feeding the growing population beyond 2030, a World Bank study shows. read more
Meatco expands micro-feedlot procurement strategy, Namibia

Meatco expands micro-feedlot procurement strategy, Namibia

11/02/2014 - 07:30
Meatco announced that it has implemented a dynamic new Livestock Procurement approach that will include adopting a stronger policy of backwards integration and taking a more aggressive role in the different ways the corporation buys cattle. The meat producer said it will shift value adding further to the start of the cattle production chain and will be to the benefit of producers.  read more
Tanker Owners express concern over cedi's free fall, Ghana

Tanker Owners express concern over cedi's free fall, Ghana

06/02/2014 - 11:57
The Tanker Owners Association has expressed concern over the free fall of the local currency, the Cedi, a situation the association says is seriously affecting the operations of its members. read more
Investor to build Madiba Mall in Kenya

Investor to build Madiba Mall in Kenya

06/02/2014 - 00:08
Investor Githinji Kinyanjui, launched the construction of a Sh700 million shopping mall in Nyeri town. The ceremony was attended by senior government officials and all Nyeri county MPs.  read more
Topshop to open Fifth Avenue flagship; four other U.S. stores

Topshop to open Fifth Avenue flagship; four other U.S. stores

06/02/2014 - 00:04
London – Trendy British retailer Topshop/Topman plans to open a 40 000-square foot flagship store on Fifth Avenue in New York. The new Manhattan store will be located on the corner of 49th Street, and is adjacent to Rockefeller Centre.  read more
Report: RadioShack to close about 500 stores, U.S.

Report: RadioShack to close about 500 stores, U.S.

05/02/2014 - 07:56
New York -- RadioShack Corp. will close about 500 stores within months as part of its ongoing restructuring, the Wall Street Journal has reported.The retailer, which is due to report results for the fourth quarter later this month, has about 4,500 locations.  read more
Dangote decries low investment flow to Africa

Dangote decries low investment flow to Africa

04/02/2014 - 09:21
President and Chief Executive of Dangote Group, Aliko Dangote, has decried the negative perception of socio-political situation in African countries, saying it was responsible for the low level of inflow of investment into the continent. He said recently at the World Economic Forum in Davos, Switzerland.  read more
Apapa Mall, Lagos, to be ready in first quater of 2014

Apapa Mall, Lagos, to be ready in first quater of 2014

04/02/2014 - 08:05
Shoppers in Apapa area of Lagos and its environs will soon have their shopping experiences enhanced as Apapa Shopping Mall, being built by Wemabod Estate, a subsidiary of the Odu’a Group of Companies, will be ready for use by the end of the first quarter of the year. read more
Kroger completes acquisition of Harris Teeter

Kroger completes acquisition of Harris Teeter

31/01/2014 - 08:06
Cincinnati -- The Kroger Co. said it has completed its acquisition of Harris Teeter Supermarkets for about $2.5 billion. Under the terms of the merger agreement, Harris Teeter shareholders will receive $49.38 per share of Harris Teeter common stock. read more
Kenyan retailer, Tuskys, settles part of its workers outstanding wages

Kenyan retailer, Tuskys, settles part of its workers outstanding wages

29/01/2014 - 11:03
Tuskys workers are waiting to see whether they were paid 50 per cent of wage arrears owed to them by the company after the expiry of the December 31 deadline. read more
Two senior appointments at Pick n Pay

Two senior appointments at Pick n Pay

27/01/2014 - 12:03
[Cape Town, 27 January 2014] Paulo Peereboom has joined Pick n Pay as a member of its Group Executive, responsible for the company’s Food Buying and Supply Chain Divisions. Paulo, who replaces Peter Arnold in this position, has 18 years of retail and manufacturing experience having worked for both Mars and Royal Ahold in six different countries on ten international assignments.  read more
Walmart in cost-cutting move - report

Walmart in cost-cutting move - report

27/01/2014 - 07:48
New York - Walmart will lay off about 2 300 workers at its Sam's Club warehouse unit, The Wall Street Journal said on Friday, the latest in a string of job losses at US retailers. read more
Davos: Mexico lures $6bn in investments

Davos: Mexico lures $6bn in investments

27/01/2014 - 07:42
Davos - Pepsico and Nestle on Friday announced major investments worth a combined $6bn in Mexico, where the government has just pushed through a series of economic reforms that aim to boost foreign investment and growth. read more
SABMiller's $110m expansion in Nigeria

SABMiller's $110m expansion in Nigeria

24/01/2014 - 10:13
Cape Town - SABMiller's Nigerian subsidiary, Intafact Beverages, announced the expansion of its brewery in Onitsha, South Eastern Nigeria, the company said in a statement. read more
Cobra products in shortage in Zimbabwe after firm closes

Cobra products in shortage in Zimbabwe after firm closes

23/01/2014 - 10:11
HARARE - Products of global consumer hygiene and health manufacture, Reckitt Benckiser (RB), such as ‘Cobra’, are in short supply in most retail chains following the closure of its local factory. read more
Zambia’a Kafubu Mall contributes to economic development

Zambia’a Kafubu Mall contributes to economic development

22/01/2014 - 10:56
Construction of the US$20 million Kafubu Mall in Ndola is nearing completion and the trading facility is expected to create more than 300 permanent jobs once completed.  read more
Zambia's Foreign Direct Investment increases

Zambia's Foreign Direct Investment increases

22/01/2014 - 10:24
Zambia's Foreign Direct Investment (FDI) hit slightly below US$2 billion in 2013, up from the US$1.6 billion recorded the previous year, Finance Minister Alexander Chikwanda has said. read more
J.C. Penney to close 33 stores by May, United States

J.C. Penney to close 33 stores by May, United States

16/01/2014 - 10:03
Dallas -- J. C. Penney Company announced that as part of its turnaround efforts it will close 33 underperforming stores across the country. The closings, which will result in the elimination of about 2,000 positions, are expected to result in an annual cost savings of approximately $65 million, beginning in 2014. read more
Nigeria looks to increase domestic fish production

Nigeria looks to increase domestic fish production

14/01/2014 - 07:37
Minister of Agriculture, Dr Akinwumi Adesina, has said the Federal Government is putting in place policies and programmes to stimulate and stabilise fish production in the country, saying spending huge resources on fish importation is unacceptable to a country with potential and resources capable of producing fish that could feed the world. read more
Namibia's Agra posts results supportive of intended expansion

Namibia's Agra posts results supportive of intended expansion

13/01/2014 - 09:00
Agra’s first annual report as a public company shows the former cooperative is in a financial position strong enough to support its expansion programme. CEO Peter Kazmaier announced that Agra achieved satisfactory financial results for the year ending 31 July 2013, despite very difficult circumstances.  read more
Drop in currency spurs cocoa smuggling

Drop in currency spurs cocoa smuggling

13/01/2014 - 08:04
Abidjan - Smugglers have trafficked around 40 000 tons of Ghanaian cocoa beans into top grower Ivory Coast since November to take advantage of a drop in Ghana's cedi currency, exporters and merchants say. read more
Poultry producers to feel pinch

Poultry producers to feel pinch

09/01/2014 - 08:52
Some increase in poultry prices is inevitable as the industry battles with a sharp spike in the price of yellow maize due to dry weather and stock shortages.  read more
Cambodian garment workers return

Cambodian garment workers return

09/01/2014 - 08:34
Phnom Penh - Tens of thousands of garment workers have returned to work in Cambodia, ending a two-week pay dispute after authorities used deadly force to quell a strike and thwart a protest by their political allies seeking a re-run of a July election. read more
Ghana's Accra Brewery to inject $100m into expansion works

Ghana's Accra Brewery to inject $100m into expansion works

08/01/2014 - 11:43
Accra Breweries Limited, one of the major beverage manufacturing firms in Ghana, is to invest 100 million dollars to expand its operations in the country. read more
Chinese firm to invest over $2 billion in Shama industrial park, Ghana

Chinese firm to invest over $2 billion in Shama industrial park, Ghana

08/01/2014 - 11:16
Chinese firm, Huasheng Jiangquan Group, is indicated it will invest over $2 billion for the construction of an industrial park in Shama in the Western Region.  read more
New shopping mall opens in Botswana

New shopping mall opens in Botswana

08/01/2014 - 10:59
The mall, situated along the A1 road in Botswana, will house amongst other shops, Edgars, JB Sports, Jet, pharmacies, Choppies Supermarket and food outlets which would include Nandos and Wimpy. read more
Liquidity constraints hit OK Zimbabwe supermarket chain

Liquidity constraints hit OK Zimbabwe supermarket chain

07/01/2014 - 09:37
HARARE - Zimbabwe's largest supermarket chain by revenue and outlets, OK Zimbabwe (OK), says post-election uncertainty over policy direction coupled with low foreign direct investment inflows have resulted in increased liquidity constraints.  read more
Revlon drops China business

Revlon drops China business

06/01/2014 - 09:21
New York - US cosmetics company Revlon has announced that it is shutting down its operations in China, which represents about 2% of total sales, which topped $1.4bn worldwide in 2012. read more
Kenyan retailers snap up new buildings as demand for retail space grows

Kenyan retailers snap up new buildings as demand for retail space grows

20/12/2013 - 11:51
Commercial property development in Kitale town is on a roll, with those splurging huge sums reaping big, thanks to growing demand for retail space. - See more at: http://www.the-star.co.ke/news/article-145255/retailers-snap-new-buildings-kitale-town#sthash.8AX5Q0mt.dpuf read more
Kenyan supermarket chain, Uchumi, pushes its rights issue

Kenyan supermarket chain, Uchumi, pushes its rights issue

20/12/2013 - 11:48
Uchumi Supermarkets has pushed forward by a month its rights issue to January after delays in cross-listing on Uganda Securities Exchange and Rwanda's over-the-counter.  read more
SABMiller CEO Graham Mackay dies

SABMiller CEO Graham Mackay dies

20/12/2013 - 08:21
Cape Town - SABMiller [JSE:SABMiller] announced on Wednesday that its chairperson Graham Mackay, who has been with the company for 35 years, has passed away. Mackay was diagnosed with a brain tumour in April 2013.  read more
Liquor plant shut down in Kenya

Liquor plant shut down in Kenya

19/12/2013 - 10:51
A liquor factory that produces second generation brews has been closed down at Kabati estate in Naivasha.  read more
Tuskys Supermarkets closed, Kenya

Tuskys Supermarkets closed, Kenya

19/12/2013 - 10:41
All 52 Tuskys supermarkets branches have been closed after employees downed their tools to protest at management's refusal to honour Collective Bargaining Agreement. - See more at: http://www.the-star.co.ke/news/article-147987/all-tuskys-supermarkets-closed#sthash.EmcTs6TJ.dpuf read more
Pick n Pay: Board gets new non-executives

Pick n Pay: Board gets new non-executives

18/12/2013 - 10:19
Pick n Pay had appointed two new non-executive directors, Audrey Mothupi and David Friedland, the food retailer said yesterday.  read more
Accra Brewery embarks on $100m expansion project

Accra Brewery embarks on $100m expansion project

17/12/2013 - 08:55
Accra Brewery Limited (ABL), a subsidiary of SAB Miller Plc, is embarking on a $100 million expansion project to help double the capacity of production. read more
Kenyan retail giant, Nakumatt, spends Sh86 million on call service

Kenyan retail giant, Nakumatt, spends Sh86 million on call service

17/12/2013 - 08:53
Giant retailer Nakumatt Holdings has invested Sh86 million on new customer service programmes among them a contact centre unveiled Friday. read more