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Asanko Gold records $62.6 million revenue in Ghana
Asanko Gold  announces production results for the fourth quarter...
Entrepreneur gets new South African Premier Business Awards judging role
One of the judges of the 2017/18 South African...
Naguib Sawiris leads Orascom team to Afreximbank for business dicsussions
The President of the African Export-Import Bank (Afreximbank), Dr...
Nhlanhla Nene to speak at Raging Bull Investment Summit
The Raging Bull Awards, which honour members of South...
Nigeria’s Real Estate Investment Trust (REITs) market worth $151 million
The globally recognised real estate-focused West African Property Investment...
Steinhoff in discussions with potential funders for liquidity
Steinhoff, which is still grappling with a liquidity crunch...
African Development Bank calls for Africa’s industrialization
Akinwumi Adesina, African Development Bank President has made a...
Tshimologong and BCX launch disruptive digital innovation programme
Wits University’s, Tshimologong Digital Innovation Precinct, has announced the...
Otis South Africa business management scholars graduate
The year 2017 ended on a positive note for...
Célestin Monga
Dr Célestin Monga is the African Development Bank Group Vice...
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BizNis Africa is an independent online trade and investment news website

BizNis Africa focuses on Africa’s 3 major business economic sectors – ICT (Information and Communications Technology), Mining and Energy.
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Wits University’s, Tshimologong Digital Innovation Precinct, has announced the launch of the BCX Innovation...

WhereIsMyTransport has partnered with Facebook for Developers to host the CONNECT Hackathon Series, with the first...

MTN has invested more than ZAR30 billion (about $2.4 billion) over the past three...

  • Asanko Gold  announces production results for the fourth quarter and full year of 2017 from the Asanko Gold Mine (AGM), located in Ghana, West Africa. “The Asanko Gold Mine delivered another solid quarterly performance, producing 51 550 ounces and achieving 2017 revised guidance with full year production of 205 047 ounces,” says Peter Breese, Asanko Gold President and Chief Executive […]

  • One of the judges of the 2017/18 South African Premier Business Awards (SAPBA), Mr Sylvester Chauke says he was inspired by his contribution in identifying and selecting the cream of this country’s business excellence. The work done by the 13-member panel of judges will be on display at a gala dinner that will take place […]

  • The President of the African Export-Import Bank (Afreximbank), Dr Benedict Oramah in Cairo received a delegation from Orascom Telecom Media and Technology Holding (OTMT), led by company Chairman Naguib Sawiris, for discussions on areas of possible collaboration between the two organisations in promoting trade across Africa. In his comments during the meeting, held at the […]

  • The Raging Bull Awards, which honour members of South Africa’s unit trust industry, will for the first time this year run concurrently with an investment summit, organisers said. The awards were established 22 years ago to recognize the managers of retail unit trust funds that consistently earn good returns for local investors. The inaugural investment […]

  • The globally recognised real estate-focused West African Property Investment (WAPI) Summit, which recently took place between the 28th and 29th of November 2017 provided delegates with insight into a real estate sector that is set to rebound strongly in 2018. During the summit, two of the continent’s foremost real estate analysts presented a collaborative white […]

  • Steinhoff, which is still grappling with a liquidity crunch after accounting irregularies caused investors to flee, said on Friday it was in discussions with potential funders to provide liquidity facilities, including existing creditors and investors. The company said it expected to be in a position to pay cash interest on all its existing financial debt […]

  • Akinwumi Adesina, African Development Bank President has made a compelling case for accelerating Africa’s industrialization in order to create jobs, reduce poverty and promote inclusive economic growth. Citing data from the Bank’s 2018 African Economic Outlook launched in Abidjan, Côte d’Ivoire, on 17 January 2018, Adesina said infrastructure projects were among the most profitable investments any society […]

  • Wits University’s, Tshimologong Digital Innovation Precinct, has announced the launch of the BCX Innovation Programme and are inviting technology start-ups to apply. Tanye ver Loren van Themaat, Tshimologong Incubator and Accelerator Manager says the programme is part of BCX and Telkom Innovation Programme, and is an exciting opportunity to grow and develop innovative digital start-ups […]

  • The year 2017 ended on a positive note for six disabled learners who graduated with an NQF Level 4 certificate in Business Management. Otis South Africa inducted six interns who were working across a number of disciplines ranging from Human Resources, Marketing, Finance and Engineering, as well as Learner Lift Mechanics who were part of […]

  • Célestin Monga

    January 19th, 2018

    Célestin Monga

    Dr Célestin Monga is the African Development Bank Group Vice President and Chief Economist. He has held various board and senior executive positions in academia, financial services, and international development institutions, serving most recently as Managing Director at the United Nations Industrial Development Organization (UNIDO), and Senior Economic Advisor-Director at the World Bank. Prior to these […]

Energy News ››

  • Steinhoff in discussions with potential funders for liquidity

    Steinhoff, which is still grappling with a liquidity crunch after accounting irregularies caused investors to flee, said on Friday it was in discussions with potential funders to provide liquidity facilities, including existing creditors and investors. The company said it expected to be in a position to pay cash interest on all its existing financial debt

    Steinhoff in discussions with potential funders for liquidity
  • JSE continues to lag behind global markets

    Over the past five years, local markets returned just above 75% in ZAR terms, which is comparable to the Johannesburg Stock Exchange (JSE) long-term average. However, when taking into account that over this same period the currency weakened by almost 50% to the US dollar, the JSE’s hard currency return – in real comparable terms

    JSE continues to lag behind global markets
  • Ramaphosa talks tough against corruption ahead of WEF

    South Africa’s deputy president and new leader of the ruling ANC party Cyril Ramaphosa said on Thursday the country was on a new positive trajectory in rooting out corruption and dealing with state capture. Speaking at a breakfast event prior to leading a South African delegation to the World Economic Forum (WEF) next week, Ramaphosa

    Ramaphosa talks tough against corruption ahead of WEF
  • African Economic Outlook 2018 officially launched in Côte d’Ivoire

    The African Development Bank (AfDB) has officially launched the 2018 African Economic Outlook (AEO) report at the bank’s headquarters in Abidjan, Côte d’Ivoire. The African Economic Outlook bridges a critical knowledge gap on the diverse socio-economic realities of African economies through regular, rigorous, and comparative analysis. It provides short-to-medium term forecasts on the evolution of

    African Economic Outlook 2018 officially launched in Côte d’Ivoire
  • How to make the tax act work for you

    South Africa has a highly favourable tax environment for investors but a good awareness of the legislation is required in order to make the Tax Act work for you. Always do your research to ensure you’re getting the full advantage of the provisions made in the Act and consult a tax practitioner for major decisions

    How to make the tax act work for you
  • Shoprite Group increases turnover in Africa by 6.3%

    The Shoprite Group increased turnover by 6.3% for the six months to December 2017. Supermarkets RSA, the Group’s primary business, increased sales by 7.8% during a period when internal inflation decreased to 0.4% for the six months compared to the corresponding period’s 7.4% driven mainly by a reduction in the price of basic commodity items.

    Shoprite Group increases turnover in Africa by 6.3%

Recent Viewpoints ››

Marine Economy ››

  • During the third quarter of 2017, the total import and export container trade market experienced consistent 10% year-on-year growth, a similar result as in previous quarters, which on face value is remarkable growth. The main hallmark of South African...

  • Agility, APM Terminals, Borderless Alliance, Dole South Africa, DP World Maputo, Dube TradePort, ICTSI DRC and Walvis Bay Corridor Group are among the latest confirmed to join the pan-African trade debate at inaugural TOC in Durban. Sihle Zikalala, MEC...

  • The future state and role of the heavy haul rail network in Africa is a critical discussion if we are to increase intra-African trade. This is according to Brian Monakali, Deputy Chairman of the International Heavy Haul Association (IHHA)...

  • Oceana today released a new report highlighting unlawful fishing activities, authorized by four European countries, in the waters of The Gambia and Equatorial Guinea between April 2012 and August 2015. Using data from Global Fishing Watch, an online technology tool that...

  • The future of the heavy haul industry, a crucial cog in the global logistics chain, remains on shaky ground in light of adverse global market conditions that continue to threaten the profitability and sustainability of heavy rail operators around...

  • Railway infrastructure development is an important building block to improving trade across the Southern Africa Hinterland Territories, which comprises three landlocked countries; Malawi, Zimbabwe and Zambia. This is according to Emmanuel Ntshangase, Country Manager of Maersk Line Hinterland Territories...

  • Although South Africa’s engineering sector is making progress in attracting women in both technical and leadership roles, the journey ahead remains a long and challenging one, especially in the defence industry. According to statistics by South African NGO Women in Engineering (WomEng), women...

  • A conference taking place in Durban from 9 to 11 October 2017 is set to explore South Africa’s aspirations to build an energy hub for gas cooperation with international partners along the value chain. The International Gas Cooperation Summit...

  • The President of the African Development Bank Group (AfDB), Akinwumi Adesina, laid the foundation stone of the Lom Pangar Dam power plant in the département of Lom-et-Djerem in eastern Cameroon. The visit to Lom Pangar included top government officials, ministers of...

  • By deciding to hold over for trial the matter of the phosphate cargo vessel Cherry Blossom, which was seized in South African waters in April after an unscheduled stop, the South African court has rendered a transparently political opinion...

Profiles ››

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