Markets: Latest News
Dana Sanchez, 6:19 pm
In a continent where road and rail routes are often limited, a growing number of small, privately owned planes and jets are creating new connections in and out of Africa, according to CNN and other reports.
Dana Sanchez, 4:38 pm
South African Tourism Minister Marthinus van Schalkwyk got a little help from Donald Trump and Paul Simon when he came to New York in April,
appearing on “All-Star Celebrity Apprentice” April 21, encouraging consumers and travel sellers to look at South Africa’s art, music and culinary scenes.
Dana Sanchez, 3:26 pm
A spokesman for South Africa’s Government Employees Pension Fund says the fund’s upcoming purchase of a stake in a newspaper group is in line with the government’s mandate to invest in commercially viable projects that deliver both financial and social returns. This will promote black economic empowerment to increase economic participation by the majority in the mainstream economy.
Dana Sanchez, 1:44 pm
Patrick Wainaina owns Jungle Nuts in Kenya, exporting macadamias, cashews and peanuts to the U.S., China and U.K. He plans to expand into the Middle East and bring new products to supermarkets including macadamia nut butter and oil.
Dana Sanchez, 6:47 pm
Some wildlife groups estimate more than 90 percent of ivory sold in China comes from the illegal slaughter of African elephants but it’s unfair to blame China for poaching, China says.
Dana Sanchez, 6:01 pm
With only a handful of women making an impact on Kenya’s robust tech scene, girls from Nairobi’s Mukuru and Kibera slums are trained in computer programming.
Dana Sanchez, 5:26 pm
Government-owned South Africa Express could make money this year and won’t need the bailout its larger sibling, South African Airways is looking at, its CEO, Inathi Ntshanga, said.
Dana Sanchez, 4:35 pm
Breaking into Africa’s luxury market has been tough but there are opportunities, says Cote d”Ivoire-born gourmet tea entrepreneur Swaady Martin-Leke.
Dana Sanchez, 8:50 pm
About 80 percent of Kenyan residents use kerosene in their homes because the national electricity grid does not reach many rural communities and requires a connection fee out of reach for most
Dana Sanchez, 6:43 pm
By adding value to their raw materials locally, African countries could diversify their technological capabilities and expand skills, an expert says.
The continent needs more strong industries that add value to raw materials before exporting them.
- Real Estate