Tag Archives: Market
Market: Latest News
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.
Ishay Govender-Ypma, 7:17 am
The narrow cobbled streets are alive with the colors, smells, and essential rawness of market life. Vendors hawk breakfast breads, olives and live chickens. But we are late for our cooking class at Clock Café, and cannot linger. Donkeys and mules laden with pails of milk are led slowly through the streets. In the gentle lilt of Moroccan Arabic, the donkey minders shoo us out the way. Men and women in plain djebella are buying their breakfasts. It’s a rhythm of the everyday here in Fez. Food is bought fresh. The customers know the vendors by name.
Peter Pedroncelli, 7:50 am AFKI Original
The transfer window is always a busy time for European soccer, and this particular pre-season window will be no different, with numerous African transfer targets set to attract a great deal of attention. We take a closer look at 10 of the African players who are transfer targets in the market window this summer.
Peter Pedroncelli, 2:00 am AFKI Original
The mid-season transfer window in European football has now closed, with teams having used the month of January to buy and sell players in order to strengthen their squads. With this in mind, we take a look at 8 African footballers who were active during the now closed transfer market window.
Dana Sanchez, 5:12 pm
Just generally, 2015 has been an exceptional year for South African wine. The number of wine producers is shrinking in South Africa, but they’re making better quality wines. The grape harvest was early and the quality excellent. SA wine doubled market share in China by mid year. SA wines are the surprise of the year, critics say.
Dana Sanchez, 1:38 pm
South Africa’s residential property market is outperforming the general economy. While house price inflation averages 5.8 percent, homes in the Western Cape have averaged 10.1 percent. Atlantic Seaboard homes are even higher, with prices growing by 25 percent for the last year. “It’s not in a ‘bubble,’” a stakeholder said. “The market is nowhere near that.”
Staff, 3:33 pm
In Nigeria, Chinese missile-drones are apparently helping the government beat a militant slavery ring that the U.S. also wants to defeat. “We shouldn’t be surprised to see (Chinese drones) popping up in more and more war zones around the world,” an expert said. Some U.S. officials worry that Chinese drones could beat out American models on the world market and give authoritarian regimes access to the same high-tech capabilities Washington would prefer to belong only to America’s closest allies.
Peter Pedroncelli, 4:33 am AFKI Original
Cote D’Ivoire international Max Gradel has put pen to paper on a deal which sees him move to English Premier League new boys Bournemouth from Ligue 1 side Saint-Etienne. The striker’s deal with the EPL club involved an undisclosed fee paid to his former French team, and the 27-year-old signed a four-year contract after passing a medical.
Peter Pedroncelli, 3:11 am
English Premier League club West Ham United are set to make an offer to Turkish club Fenerbahce for the services of Senegalese striker Moussa Sow. The Senegal international has been a transfer target for a number of clubs during the current market window, due to his excellent performances in attach for the Turkish giants.
Peter Pedroncelli, 7:23 am
Ghana international Asamoah Gyan had kind words for former employers Al Ain as he departed the United Arab Emirates on his way to join Chinese Super League club Shanghai SIPG. On Wednesday the striker was in China to complete a medical and finalise the details concerning his deal with the Shanghai club.
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