Business

Mon,16Jul2018

Business

Kenya Airways seeks to run main Nairobi airport to boost earnings

AP photoKenya Airways is close to winning approval to run the country's main airport in Nairobi, looking to copy a model that has enabled rivals to overtake it, its chairman said on Monday.

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We’re not going to try and fight the Chinese: Christian Combes, Africa director, Eiffage Infrastructures

 

Photo: APEiffage has created a sizeable niche in the African construction market, working with French multinationals and seeking out other opportunities for growth

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INTERVIEW: Andualem Admassie Abate, CEO Ethio Telecom

Andualem Admassie Abate, Chief executive officer, Ethio Telecom
INTERVIEW:  Andualem Admassie Abate, CEO Ethio Telecom

The second transformation

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Offshore investor interest in South African equities at risk as "Ramaphoria" wanes

President Cyril Ramaphosa, center, and Baleka Mbete, right, arrive at parliament in Cape Town, South Africa, Friday, Feb. 16, 2018. Photo: Nasief Manie/AP/SIPASouth Africa needs tangible economic growth to entice more offshore investors to invest in its bourse after a good start to the year thanks to improved sentiment following the election on a new president, analysts said.

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Uganda's telecoms regulator to probe MTN on mobile money policies

People buy MTN accessories on a street in Lagos, Nigeria Thursday, Nov. 5, 2015. Photo: Sunday Alamba/AP/SIPAUganda's telecommunications regulator said on Wednesday it was setting up a committee to investigate the local unit of South Africa's MTN Group after uproar on social media about its mobile money policies.

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Coca-Cola Co's Africa distributor to invest $100 mln in Kenya over next 5 years

A kiosk is seen on a street corner in Nairobi, Monday, May 28, 2007. On thousands of street corners across Africa, tiny wooden kiosks peddle everything from mobile phone cards to glass bottles of Coca-Cola. Photo: SAYYID AZIM/AP/SIPACoca-Cola Beverages Africa (CCBA), the continent’s largest soft drinks bottler, said on Wednesday it would invest $100 million in Kenya over the next five years to improve infrastructure and launch new products.

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S.Africa's SPAR Group eyes Sri Lanka expansion amid challenges at home

30052018SouthAfricaSouth African retailer and wholesaler SPAR Group Ltd plans to open two more stores in Sri Lanka, it said on Wednesday, after warning that fuel price hikes and currency weakness could affect its home market.

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