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South Africa

South Africa's Comair holds the British Airways licence

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South Africa: Comair vows to go after SAA settlement

Comair, the regional and local airline operator, is feeling the heat from South African Airways’ (SAA’s) financial woes. ...

New Bottle, Old Pop

Naspers still a discounted venture capital fund after Prosus listing

The listing by South African media conglomerate Naspers of assets including part of its Tencent stake via the new Prosus vehicle in Amsterdam ... in September was heralded as a way to reduce the deep discount to net asset value (NAV) at which Naspers shares trade.

South African President Cyril Ramaphosa waits to deliver his State of the Nation address at parliament in Cape Town

worst case

South Africa’s cliff scenario: an early prognosis

The writing is on the wall. If South Africa’s economy does not take a turn for the positive coupled with some tough economic reforms, the country ... could face an Argentina-like future.

Noodle Neo-Bank

Tolaram bets on consumer goods network to crack digital banking

Noodles to digital banking? Singapore family-owned Tolaram, which has built its presence in Africa through cereals, noodles and infrastructure, ... believes it can make the jump.

World Bank clashes with AfDB

cheap talk

Trump’s World Bank boss critical of African Development Bank

According to the World Bank President David Malpass, the AfDB “lends too quickly”, thus aggravating the countries' debt problems. “Untrue ... and unfounded,” retorted the pan-African institution.

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hubs not hype

Tech hubs across Africa to incubate the next generation

Africa has more than 600 tech hubs and rising, ranging from incubators and accelerators to co-working sites. While the startup game is about ... survival of the fittest, it is also one where community is power.

green sprint

Climate change is here: time to use all the whole financial toolkit

From bushfires in Australia and floods in Venice, to Cyclones Idai and Kenneth which wrought devastating havoc to Southern Africa last year, ... the effects of climate change have materialised.

ghana oil transnet south africa

rolling north

Ghana alive with possibilities for South Africa’s Transnet

A Transnet deal to develop a stretch of railway along Ghana’s Western region is not just good for the rail operator, but could have spill-over ... benefits for other South African companies.

Roads Less Travelled

Accor Hotels targets South Africa for expansion as arrivals slow

Accor Hotels wants to increase its presence in South Africa, Rwanda, Nigeria and Cameroon as it banks on the rise of Africa’s middle class, ... Mark Willis, CEO for Africa and the Middle East, told The Africa Report.

wanted, trade champions

African Union: behind-the-scenes battle for leadership of the AfCFTA

Although security issues are set to dominate talks in Addis Ababa, ministerial delegations on Friday focused on the African Continental Free ... Trade Area (AfCFTA) and disagreed over who would become the organisation’s future secretary general.

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