South Africa: Latest News
Makula Dunbar, 9:07 am
Farmers in 20 African countries will soon benefit from an agricultural initiative that will double their incomes and increase yields of four crops including corn, cassava, wheat and rice by 20 percent.
Dana Sanchez, 4:34 pm
In October, Kraft Foods split into two Nasdaq-listed companies: Kraft Foods, the mature North American grocery business; and Mondelez International, a global snack food company. Kraft Foods South Africa changed its name to Mondelez South Africa at the end of July. Mondelez International has earmarked $100 million for investment in emerging markets this year.
Makula Dunbar, 3:22 pm
Samsung and Blackberry’s mutual confidence in each others’ brands is the foundation of the established deal in which Samsung will promote Blackberry’s BBM for Android app in the Glalaxy app store. Though BBM will now come installed on Samsung Android phones in Africa, the app will also be available for free download via Google Play, ZDNet reported.
Dana Sanchez, 3:15 pm
This is an integrated solution used in modern railway management systems that gives real time information on multiple dimensions of the railway line and rolling stock, a rail software developer said.
Dana Sanchez, 11:54 am
More than 1.6 billion people lack access to lights and 30 percent of those live in Africa, says Sumesh Rahavendra, head of marketing for DHL Express. “Using solar powered technology to give access to light is not just sustainable but also healthy, compared to conventional fuel sources.”
Dana Sanchez, 10:29 am
Bullion’s 23 percent drop this year made 60 percent of gold operations in South Africa, the world’s sixth-largest producer of gold, unprofitable and means companies can’t afford to give employees above-inflation wage increases, South Africa’s Chamber of Mines industry lobby has said.
Steven J. Smith, 9:00 am
“Our customers are saving up to half a week’s wages when they use our service to send goods back to their family members,” says moWoza founder and South African, Suzana Moreira. “I see a better world where technology can bridge some of the gaps that are currently found if one lives in a village. You can even say it will be a highway into rural villages.”
Makula Dunbar, 5:19 pm
Media outlets and journalists across Africa are often victims of scrutiny — and punishment when it comes to publishing stories about conflict, government, officials and supposed facts. Now, a new site, Africa Check is helping citizens and media outlets move toward promoting truth by trumping questionable statements, Voice of America reported.
Dana Sanchez, 3:33 pm
Targeting the burgeoning ATM market among low-income shoppers, London-based private equity firm Actis plans to buy the electronic payment and ATM business of South Africa’s Transaction Capital for $95 million. Actis is betting those shoppers will soon begin using plastic debit cards.
Dana Sanchez, 12:28 pm
Nigeria has a life insurance penetration of less than 2 percent, “so we’ve seen huge untapped market in the most populous country in Africa,” says South Africa’s Sanlam Group CEO for emerging markets.
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