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Tue,23May2017

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 Waldo Swiegers/Bloomberg via Getty Images

Christoffel Wiese is a South African businessman and billionnaire who built Shoprite Holidings Ltd., a supermarket retailer, from the ground up. Waldo Swiegers/Bloomberg via Getty Images.

By: Marcia Klein

One of South Africa’s richest business leaders talks exclusively to The Africa Report about his commercial successes and failures, the debates about race and economics in South Africa and his criticism of the government

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Nestlé: “We invest continuously, good times or bad”

Kais Marzouki is the Head of West and Central Africa for Nestlé. Despite tougher economic times in Africa, the company sees value in the continent.

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Puma Energy enters Ghana's fuel storage, retail market

Global mid and downstream petroleum company, Puma Energy, has entered Ghana's fuel and storage markets after entering into partnerships with two local firms.

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Old Mutual to split up, asset management sale eyed

Photo©ReutersAnglo-South African financial services group Old Mutual Plc said on Friday it would split up into its four main businesses, strengthening expectations of the sale or listing of its UK asset management arm.

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Old Mutual considering options for strategic review

File photo©ReutersOld Mutual, an Anglo-South African financial services company, said on Monday it was considering all options as part of a strategic review it announced in November, but that it had not yet made any decision.

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Insurance: South Africa's insurer MMI moots exit from some African markets

South Africa's No.3 insurer MMI Holdings could exit some markets elsewhere in Africa, its spokeswoman said on Friday, the latest company to scale back on the continent once at the heart of executives' expansion plans.

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Ecobank Ghana boss to head regional operations

Samuel Ashitey Adjei, Ecobank Transnational Incorporated's new managing director for the newly created division comprising of subsidiaries in central, eastern and southern AfricaEcobank Transnational Incorporated has appointed the current head of its Ghana operations as the new managing director for the newly created division comprising of subsidiaries in central, eastern and southern Africa.

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