South Africa: Latest News
Peter Pedroncelli, 3:45 am AFKI Original
Business magnate Sol Kerzner, 81, is the innovative property developer of Atlantis mega resorts in the Bahamas and Dubai, but it was South Africa’s Sun City that first propelled him to international fame. The legendary hotel and resort developer sold his family interests in Kerzner International Holdings to a Dubai firm in 2014, but it still bears the founder’s name. Kerzner International Holdings expects to manage its first U.S. resort — also an Atlantis property — in Hawaii. Here’s how he became a global icon.
Dana Sanchez, 2:53 pm
Sentebale means “forget me not” in in Sesotho, the language of Lesotho. That’s the name of Prince Harry’s charity, which helps the littlest victims of Lesotho’s HIV/AIDS epidemic. Harry stars in a new documentary about Lesotho. On his first visit, he was struck by Lesotho’s raw beauty, but also by the many children whose lives were shattered by HIV. Lesotho is often overlooked by travelers to Africa, but once people venture within its borders, they fall in love with the country, writes Lucy Corne for AFKTravel.com.
Dana Sanchez, 12:45 pm
Coca-Cola and AB InBev are the world’s largest makers of soft drinks and beer, respectively. Africa is important for Coke because soft drink consumption continues to grow on the continent. Coke has not said why it decided to buy back the stake, but it might be in its best interest to avoid partnering with AB InBev, which has no experience in Africa. With little room left for AB InBev to grow meaningfully in beer, bankers speculate the deal-hungry mega brewer may eventually move into soft drinks. That could put Coke at the top of its list.
Dana Sanchez, 11:43 am
Disruption is expected to pick up in South Africa’s real estate industry in 2017, a stakeholder says. South African homeowners increasingly want to earn income from their real estate investments. Airbnb — a website that lets homeowners rent out space in their homes — is making it easier to do so. This is expected to impact how people buy property as they look for homes that will double as vacation rentals.
Peter Pedroncelli, 3:58 am AFKI Original
Much like in the United States, rewards and loyalty programmes are popular in South Africa, with numerous retail and business giants structuring schemes that benefit loyal consumers as they understand the value of building a relationship with their customers. There are many well-structured loyalty programmes currently running in South Africa, with millions of consumers enjoying benefits, earning points and taking up offers that these plans afford them.
Peter Pedroncelli, 3:39 am AFKI Original
South Africans will be able to enjoy a number of international artists and events in 2017, with the likes of Justin Bieber and the Blue Man Group touching down in the country next year. We take a closer look at 12 international artists and events that South African audiences will be able to look forward to during 2017.
Dana Sanchez, 2:09 pm
Grace bought a $1.4 million diamond ring from a Dubai dealer and paid for it from her Zimbabwe account at the Commercial Bank of Zimbabwe. She changed her mind and demanded a refund to her bank in Dubai. The country’s economy is crippled by cash shortages and a forex crisis. President Robert Mugabe is immune from prosecution while in office. Grace is not immune. Many Zimbabwean lawyers won’t risk taking on Grace, but the diamond ring case is the second time Beatrice Mtetwa has gone head-to-head with the first lady.
Dana Sanchez, 9:39 am
The Kenyan production facility will be Volkswagen’s third on the continent. Volkswagen hasn’t assembled cars in Kenya since the 1970s when it manufactured the Beetle model. Kenyans overwhelmingly buy second-hand imports. Used car sellers account for about 80% of total vehicle sales. VW is expanding in Africa to tap the enormous growth potential of the African new car market. The cars will be assembled in Kenya using vehicle kits imported from VW’s South African plant.
Peter Pedroncelli, 5:37 am
Telecommunications giant Orange has concluded a new long-term partnership deal as official sponsors for the Confederation of African Football (CAF) flagship competition. The new eight-year deal will see the France-based company confirmed as an official sponsor of five major CAF competitions from 2017 to 2024, beginning with the 2017 Africa Cup of Nations (AFCON) in Gabon this January.
Peter Pedroncelli, 2:30 am AFKI Original
While much of the focus inevitably falls on the African Player of the Year accolade, the various nominees for other soccer award categories have been revealed by CAF ahead of the gala event in January. The additional categories included Women’s Player of the Year, club and national teams of the year, coach of the year and accolades for promising young players.
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