Indigenisation demands don’t apply to DHL, says Zimbabwe minister

DHL, a unit of German Post, has been operating in Zimbabwe since independence in 1980. Logistics firm DHL International says it will expand its operations in Zimbabwe after receiving government assurance that key provisions of the controversial indigenisation policy had been scrapped. The Minister of ICT, Postal and Courier Services Supa Mandiwanzira told journalists after a […]

Is ‘Old Mutual’ the Next Big Thing?

L-R: President, Nigerian Council of Registered Insurance Brokers (NCRIB), Mr. Kayode Okunoren; Commissioner for Insurance, Alhaji Mohammed Kari; Chief Executive Officer, Old Mutual General Insurance Company, Mrs. Rachel Emenike; and Chief Executive Officer, Old Mutual Life Nigeria Assurance Company, Mr. Keith Alford during the 2016 CEO’s Retreat of NCRIB in Ilesa, Osun State…recently Aviation School […]

Inside 4Di Capital’s new R256m fund

MMI Holdings has committed hundreds of millions of rand to investing in and nurturing the next-wave of health and financial technology start-ups, both in South Africa and worldwide. By Duncan McLeod. Justin Stanford MMI Holdings, the JSE-listed parent of Momentum and Metropolitan, has committed hundreds of millions of rand to investing in and nurturing the […]

Mall of Africa taking shape with H&M, Zara, Tommy Hilfiger booking space

The Mall of Africa development in Midrand. Atterbury Property’s Mall of Africa development is on track for its opening next year, with more heavyweight international fashion retailers announced at the R3.2 billion shopping centre. Located on both sides of the N1 between Midrand and Sandton, the mall is slowly taking shape for its completion on […]

Nigerian Chamber of Commerce lobbies for lower interest rates from 13% to single digits

Lagos — The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has made an appeal to the incoming government of General Muhamadu Buhari and on the Central Bank of Nigeria to do everything possible to reduce the Monetary Policy Rate (MPR) to a single digit number from the 13 percent it presently […]

Does African pushback over xenophobic attacks highlight the regional decline of South Africa?

From a position of strength, post-apartheid South Africa has steadily lost its shine. It may need saving once again. South Africa’s Nkozazana Dlamini-Zuma is congratulated by president Jacob Zuma after being sworn in as the African Union Commission chair in July 2012. South Africa has lost much of its regional lustre. (Photo/AFP) BRAND South Africa is […]