June 17 –Former South African president Nelson Mandela is “doing very well,” said his daughter to reporters on Monday, amidst news of his declining health as well as at least two false death announcements over the past week.According to reports, Zenani Mandela-Dlamini confirmed that he …

June 12 – Huajian Shoes, one of the largest shoe manufacturers in China, announced last week it is planning a multi-million dollar factory expansion in Ethiopia. The specific amount has been undisclosed.The company made the move to Ethiopia last year due to rising labour costs …

June 12 – iROKO Partners, distributors of Nigerian film and music, announced on Monday it will be entering into the South African DVD market with the sale of 10,000 new Nigerian movie DVDs.Nigeria’s movie industry, colloquially known as ‘Nollywood’ is the second largest film industry …

June 9 – Former South African President Nelson Mandela is in hospital for the third time this year, once again dealing with a serious lung infection. The 94-year-old Mandela was admitted to a hospital in Pretoria on Saturday afternoon. Churchgoers throughout …

June 7 – Analysts are anticipating that Kenya’s lending rate will be reduced in order to encourage more economic growth. Kenya’s benchmark 91-day Treasury bill yield fell about 6.7 per cent at an oversubscribed sale from 7.56 per cent last week. Such …

June 7 – Lobbyists are urging the Nigerian government to be more proactive in bridging the gap between local and international markets in order to encourage local farmers to invest more in cocoa production. “On the average the price is a little …

June 7 – According to government figures, Ethiopia’s economic growth has been an impressive 10 per cent this fiscal year, led by strong gains in agriculture and far exceeding expectations of the International Monetary Fund.  Agriculture accounts for nearly half Ethiopia’s …

June 5 – Financial services and investment company Sanlam says its new business volumes were up 30% to R49 billion for the first four months of 2013. Meanwhile, Personal Finance experienced a 28% gain in new business sales. Sanlam Group Chief Executive, …

June 5 – The bumpy, uncertain ride for the international mining industry continues, with the predominant sentiment on stock markets still skittish at best. Now comes a just-released report from PricewaterhouseCoopers that indicates there is a lot of uncertainty about the …

May 29 – South African mobile operator MTN announced it has topped the list as the highest ranked African brand in the prestigious Millward-Brown Brandz Top 100 Most Valuable Global Brands 2013 survey. This year’s listing, released last week, shows that MTN moved up nine …