South Africa: Latest News
Dana Sanchez, 11:03 am
Fastjet says it hopes to offer flights booked early for about $100 each way between Johannesburg and Dar es Salaam. Launch dates have not yet been announced.
Dana Sanchez, 9:47 am
Libyan investigators approached the South African treasury with evidence that the assets were held by four local banks and two security companies.
Dana Sanchez, 3:59 pm
“Pay-as-you-go, whatever the finance structure behind it, will result in the rapid electrification of much of the world that doesn’t currently benefit from it,” says solar pioneer Danny Kennedy.
Dana Sanchez, 2:14 pm
The Association for Responsible Alcohol Use paid economics experts to study the impact on South Africa’s economy if advertising is pulled back. The study concluded that 11,954 jobs would be “impacted,” the report said.
Dana Sanchez, 1:00 pm
Online travel will benefit from Africa’s growth in cell phone use, where mobile penetration is expected to reach 80 percent this year and smart phone ownership is around 17- to 19 percent.
Dana Sanchez, 12:06 pm
“We have been successful because we are Kenyan, we look at our market and we figure out what is appropriate for our market. We don’t do things from the outside and assume they are just going to work,” says fast food boss Azam Samanani.
Dana Sanchez, 11:02 am
“It’s a very extreme form of tourism and the main problem really is that you are visiting people’s living space and people’s homes…The way the tours are run becomes especially questionable when…none of the profits are put back into the community,” the author says.
Dana Sanchez, 4:49 pm
Africa’s largest asset manager, PIC will consider investing in more companies linked to Aliko Dangote, Africa’s richest man and one of the Forbes list’s 25 richest in the world, as it seeks to tap industries benefiting from economic growth.
Dana Sanchez, 2:11 pm
South Africa has about 25 percent unemployment, with some estimates showing 50 percent of its youth are unemployed or unemployable.
Dana Sanchez, 9:38 am
Business giants like the Johannesburg Stock Exchange left the once-thriving central business district for the northern suburb Sandton, now the continent’s richest square mile.
- Real Estate