Tightening the Screw African insurance penetration threatened by rising reinsurance rates Short-term progress in increasing insurance penetration in Africa will be a victim of pressure from the “Big Six” global reinsurers to increase ... prices, says Ryan Phillips, chief operating office at Afro-Asian Insurance Services.
TILL EYE VIEW South Africa: The Covid plan for Woolworths, Clicks and Pick n Pay The impact of COVID-19 on consumer choices is starting to take shape, and some South African retailers are taking drastic steps to retain market ... share.
Bricks and Mortar Old Mutual wants to create an African affordable housing fund Old Mutual Alternative Investments (OMAI) hopes to launch a new pan-African affordable housing fund towards the end of 2021, joint CEO Paul Boynton ... tells The Africa Report.
In the driver's seat AfCFTA key in driving auto sector investment momentum on the continent – Nissan boss “We see Africa as a big opportunity,” says Guillaume Cartier, senior vice-president and chairman for Africa, the Middle East and India region ... at car maker Nissan.
Breaking Free Africa: Siemens Energy on mission to tackle renewable energy Siemens Energy plans to use its new status as a standalone company to target African markets for wind, solar and hydrogen power solutions, Thabo ... Molekoa, CEO for South Africa, tells The Africa Report.
lucky strike South Africa: Total finds new ‘significant’ gas deposit offshore French energy group Total have hit a new deposit off the South African coast. It is the second discovery in recent times, after the major Brulpadda ... field. The finds could help fuel gas-fired power plants, and help a transition away from coal.
no place like home Sasol, Woolworths, Old Mutual: Why South African firms fail when they leave Africa A string of high-profile failures in Western markets has highlighted the brighter prospects that lie in continental expansion for many South ... African corporates. From property, to retail through finance and telecoms, most big South African companies find success in Africa, and failure beyond.
Future of Retail South African retailer Pick n Pay banks on discount stores to grow South African retailer Pick n Pay may double the number of its Boxer stores to 600 within five years to target underserved low and middle-income ... shoppers, David North, head of strategy and corporate affairs, tells The Africa Report.
RISE AND SHINE Africa: Pandemic could be dawn of a new day for the continent In Africa, the impact of COVID-19 is not only widespread, but it is also devastating and has the potential to have a deeper and longer-term impact ... on the growth trajectory of the continent, investment banker Yvonne Ike tells The Africa Report.
Customising Tech GE bets on digital solutions for growth in African renewables GE is seeking local partners in renewable energy and healthcare as it seeks to use digitalisation to deliver customised solutions in Africa, ... Nyimpini Mabunda, CEO of GE Southern Africa, tells The Africa Report.
