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Transnet wants to 'industrialise railways'
Transnet wants to 'industrialise railways'

Small- and medium-sized engineering companies must create niche markets for themselves to supply Transnet with parts for the locomotives that the freight logistics company envisages building within the next two to three decades.

By Amanda Visser 9 Jun 2014

Sanlam looking to invest in Africa, South-East Asia
Sanlam looking to invest in Africa, South-East Asia

Sanlam says it has R3bn in discretionary capital that is earmarked for growth opportunities mainly in Africa and South-East Asia.

By Phakamisa Ndzamela 6 Jun 2014

Packaging in SA is always changing shape
Packaging in SA is always changing shape

If there is one industry where everything is in flux and companies have to re-jig their shapes and formats all the time, it is SA's packaging manufacturers. Apart from constantly changing industry conditions, not least from encroaching rivals, each firm has specific obstacles to get over.

By Mark Allix 2 Jun 2014

Nampak earnings up 7.4% to 114.3c
Nampak earnings up 7.4% to 114.3c

Nampak's interim results for the six months to March saw the rest of Africa markets markedly contributing as the group as it grew overall trading income by 10%.

By Mark Allix 28 May 2014

Tiger Brands earnings from operations reach R8.56
Tiger Brands earnings from operations reach R8.56

Tiger Brands reported "satisfactory" results for its six months to March‚ with headline earnings per share from continuing operations up 7% to R8.56.

By Nick Hedley 22 May 2014

Grand Parade ups its stake in Mac Brothers
Grand Parade ups its stake in Mac Brothers

Grand Parade, the company responsible for bringing Burger King to SA‚ said it bought a further 32.9% stake in Mac Brothers for R42,79 million‚ to achieve cost efficiencies and gain greater access to the African markets.

20 May 2014

Famous Brands revenue up 12%, expands further in Africa
Famous Brands revenue up 12%, expands further in Africa

Famous Brands, which owns Steers‚ Wimpy and Debonairs, plans to open 243 new restaurants in the coming year after reporting record turnover and profit for the year. It is also planning to enter Angola and Ghana.

By Zeenat Moorad 20 May 2014

Zimbabwe central bank has 'no tools' to fix economy
Zimbabwe central bank has 'no tools' to fix economy

Zimbabwe's new central bank chief said the country's economy was weakening and the bank did not have the tools to fix it.

8 May 2014

SABMiller's Africa sales slow growth
SABMiller's Africa sales slow growth

SABMiller's (SAB) fourth-quarter revenue growth fell short of analysts' expectations‚ sending the global brewing company's share price down by 2.21% on the JSE on Tuesday (15 April).

By Nick Hedley 17 Apr 2014

Ford's sub-Saharan drive may benefit SA plants
Ford's sub-Saharan drive may benefit SA plants

As Ford's only manufacturing operation in the Middle East and Africa‚ Ford Southern Africa is in pole position to benefit from the group's decision to intensify marketing and production in sub-Saharan Africa‚ says Stephen Odell‚ president of Ford's European‚ Middle East and African operations.

By David Furlonger 11 Apr 2014

Grindrod moots 'much cheaper' trains
Grindrod moots 'much cheaper' trains

Grindrod's diesel-electric locomotive‚ which the company said was the cheapest in the world‚ could pit the logistics group as a competitor against state rail utility Transnet and global rolling stock manufacturers such as General Electric and Electro-Motive Diesel.

By Razina Munshi 28 Mar 2014

SAB seeks African growth via larger maltings plant
SAB seeks African growth via larger maltings plant

The local arm of SABMiller (SAB)‚ South African Breweries' maltings division is looking to supply product to other African countries following its investments to expand capacity‚ according to the unit's general manager Thinus van Schoor.

By Nick Hedley 13 Mar 2014

Grindrod, Northwest Rail to develop copper railway in Zambia
Grindrod, Northwest Rail to develop copper railway in Zambia

Grindrod‚ a JSE-listed freight and logistics service provider‚ through its wholly owned subsidiary Grindrod Mauritius‚ will work with Zambia's Northwest Rail Company to build‚ operate and maintain a new 590km Cape gauge railway from Chingola in the Zambian copperbelt to the Angolan border.

By Mark Allix 5 Feb 2014

Ocean Basket eyes growth in foreign markets
Ocean Basket eyes growth in foreign markets

Ocean Basket, the seafood restaurant famous for serving meals in frying pans, has aggressive plans to expand globally over the next three years.

By Zeenat Moorad 29 Jan 2014

Zimbabwe takes heart from Antwerp trial sale of gems
Zimbabwe takes heart from Antwerp trial sale of gems

Zimbabwe is planning a second auction of its Marange diamonds next February‚ buoyed by the interest in and sale of more than 279‚000 carats of diamonds in Antwerp‚ Belgium. The sale raked in US$10.7m.

By Ray Ndlovu 24 Dec 2013

Edcon to distribute UK brand River Island in SA
Edcon to distribute UK brand River Island in SA

Unlisted retail group Edcon has signed a franchise deal with British high street brand River Island‚ providing the local leading company with sole distribution rights in SA.

By Zeenat Moorad 19 Dec 2013

Woolworths buys back African franchises
Woolworths buys back African franchises

Woolworths said on Tuesday, 5 November, that it had signed agreements to purchase its franchise businesses in Botswana‚ Namibia‚ Swaziland and Ghana.

By Zeenat Moorad 6 Nov 2013

Luxury brands turn attention to Africa
Luxury brands turn attention to Africa

Africa's growing middle class has expensive tastes and research by Bain & Company suggests that luxury goods sales will increase by 11% this year - demonstrating the continent's potential for upmarket goods.

By Zeenat Moorad 5 Nov 2013

Pepkor performance 'outshines listed peers'
Pepkor performance 'outshines listed peers'

It's clear from the latest Brait investment presentation that the delisting of fashion retailing conglomerate Pepkor in 2004 robbed the JSE of an outstanding consumer business.

By Marc Hasenfuss 1 Nov 2013

Famous Brands half-year earnings up 20% to 180c
Famous Brands half-year earnings up 20% to 180c

Fast food group Famous Brands reported a 20% increase in headline earnings per share to 180c for the six months to August.

29 Oct 2013

Shoprite turnover up 10.2% for September quarter
Shoprite turnover up 10.2% for September quarter

Shoprite Holdings‚ Africa's biggest retail group‚ reported that its turnover had increased by 10.2% in the three months to September.

29 Oct 2013

Distell sees cider as means to quench thirst for growth in Africa
Distell sees cider as means to quench thirst for growth in Africa

After two major acquisitions in international cognac and whisky brands‚ Stellenbosch-based liquor group Distell will now be prioritising the global growth of its highly-profitable cider brands.

By Marc Hasenfuss 18 Oct 2013

Spur Corporation ventures out of South Africa
Spur Corporation ventures out of South Africa

Spur Corporation‚ whose brands include‚ Panarottis‚ John Dory's and Captain DoRegos will open new outlets in Swaziland‚ Nigeria‚ Tanzania‚ Namibia and the Seychelles next year.

By Zeenat Moorad 15 Oct 2013

Premier buys Li-Lets to get other FMCG categories says Brait
Premier buys Li-Lets to get other FMCG categories says Brait

The purchase of feminine hygiene brand Lil-Lets Group by Brait company Premier Foods is part of a broader strategy to expand Premier across other fast-moving consumer goods (FMCG) categories according to Brait director Sean Dougherty.

By Nick Hedley 14 Oct 2013

Food producers in high-priced certainty
Food producers in high-priced certainty

Safe-haven investments do not come much safer than food producers. This has made big-name companies such as AVI and Tiger Brands market favourites and driven up the JSE food producers sector rating to a level last seen 19 years ago.

8 Oct 2013

Quick meals for Africa
Quick meals for Africa

In SA, Famous Brands produces 265,000 cups of specially blended coffee a day. With 2,175 restaurants, the company, whose brands include Wimpy, Steers and Mugg & Bean, also makes 77m ice-cream cones a year. It's the big daddy of SA franchising, with a R9,7bn market capitalisation, and it wants to repeat its local success in the rest of Africa.

By Zeenat Moorad 16 Sep 2013

Steinhoff earnings of 394.8c up from 315.4c
Steinhoff earnings of 394.8c up from 315.4c

Steinhoff International Holdings on Tuesday (10 September) said that the prevailing global economic environment remained volatile but it was confident that the diversity inherent in its assets and earnings would continue to protect the group against any prolonged downturn in any one market where it operated.

11 Sep 2013

Thales keeps an eye on safety
Thales keeps an eye on safety

To paraphrase from the iconic Star Trek, Africa is the "next (as opposed to the final) business frontier". And judging from exceptional recent economic growth, wealth in natural resources and sheer international business interest on the continent, it seems no-one has trouble believing this.

19 Aug 2013

Mpact earnings up to 76.2c a share
Mpact earnings up to 76.2c a share

Paper and packaging company Mpact reported diluted headline earnings per share of 76.2c for the six months to June compared with 61.1c a year ago.

By Alistair Anderson 14 Aug 2013

SA among slowest growing African economies
SA among slowest growing African economies

Growth in SA will continue to lag that of other African countries‚ with the latest African Development Bank African Economic Outlook report released on Wednesday (7 August) listing the country among the 10 that will record the slowest growth this year.

9 Aug 2013

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