Features | - Part 253

African Telecommunications sector to boost M&A activity

London (Capital Markets in Africa):- Moody’s released a report titled: M&A Activity to Reshape Competitive Environment as Markets Mature and Consolidate, on 14 May 2015, stated that it expects more consolidation within African telecom’s markets as existing operators (especially smaller third or fourth tier companies) are looking for ways to minimise costs and increase their market share. The report highlighted further, that African telecoms market comprised of a mix of local, regional and international operators,…

Positive Outlook for Hospitality industry in South Africa, Nigeria, Mauritius and Kenya

Posted on by The Editorial Team

Johannesburg, South Africa (Capital Markets in Africa):- South Africa’s hospitality industry is prepared to grow further in the next five years, with most growth in the sector expected to be generated in Cape Town, according to a report released by PwC today. Nikki Forster, Hospitality Industry Leader for PwC, Southern Africa, says: “Although South Africa’s economy has weakened, the hotel industry in 2014 has benefited from an increase in foreign visitors and rising room rates.” PwC’s…

Mobius: Africa Offers Best Emerging Opportunities

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London (Capital Markets in Africa):- Emerging market guru Mark Mobius tells investors not to be put off by negative headlines – there are plenty of viable growth opportunities in the African stock markets. Emma Wall: Hello and welcome to the Morningstar Investment Conference. I’m Emma Wall and I’m joined today by Dr. Mark Mobius of Franklin Templeton to talk about the opportunities in emerging markets. Hello Mark. Mark Mobius: Hi, how are you? Wall: So…

Egypt’s GDP expected at 3 pct in second half of fiscal year says Ashraf al-Arabi

Posted on by The Editorial Team

CAIRO (Reuters) – Egypt’s planning minister said on Wednesday the country’s average economic growth was expected to be 3 percent in the second half of the 2014/2015 fiscal year, compared with 5.6 percent in the first half of the year. Ashraf al-Arabi told reporters at a news conference that average economic growth for the current fiscal year would be 4 percent, or slightly above 4 percent.

Transnet says shutting coal export line won’t affect Tonnage

Posted on by The Editorial Team

By Zandi Shabalala JOHANNESBURG (Reuters) – South Africa’s Transnet said it will shut down its coal export line over a 10-day period for annual maintenance but this would not affect tonnages delivered as the halt was factored into its schedule. The state-owned logistics firm said in a statement seen by Reuters on Tuesday that the shut-down is meant to help it catch up on a maintenance backlog and upgrade its railway network. Companies such as…

Africa highlighted as high potential market for technology companies

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Charles Brewer, managing director for sub-Saharan Africa at DHL Express Cape town, South-Africa (Capital Markets in Africa):- DHL, the world’s leading logistics service provider, held its 5th annual Global Technology conference in Dubai last month, featuring a number of key sessions on doing business in Africa. Under the theme of “Connecting Markets, Trends & People”, the conference hosted some 300 delegates, including many DHL customers from leading global technology companies, for a three day program of…

Delivery is critical in e-tail transactions, says DHL

Posted on by The Editorial Team

As e-commerce continues to gain popularity across the African continent, more effort needs to be paid towards facilitating flawless delivery to customers. This is further supported by the Global e-Commerce Logistics 2015(1) report which reveals that e-commerce logistics is rapidly changing to keep pace with this quickly evolving market. This is according to Sumesh Rahavendra, Head of Sales for DHL Express Sub Saharan Africa, who says that the delivery of goods purchased online is one…

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