African Business News

Imara opens door to Africa share bonanza

ASSET management and securities trading company Imara SP Reid Stockbrokers on Tuesday launched an investment platform enabling its retail clients to make investments in any stock market in Africa without the need for multiple brokers in various jurisdictions.

The platform

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SA business is blooming in Africa

Talk about foreign direct investment (FDI) in Africa has become the mode du jour and the South African private sector appears to be putting its money where its mouth is.

Last year South Africa invested in more new FDI projects in Africa than any other country in the world,

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Obama Promotes Sub-Saharan Ties

President Barack Obama Thursday called for broader commercial engagement with Africa, but also touched on the continent's more sensitive issues such gay rights and the failing health of former South African leader Nelson Mandela.

"The reason I came to Africa is because

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Chinese electronics manufacturer opened industrial park in South Africa

Hisense, Chinese white goods manufacturer, has opened a new 100,000 square-metre industrial park near Cape Town, tightening its grip over the region’s electronics market.
The park, located in Atlantis, Western Cape, is said to be the most important electronics and home appliance base

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