The Peter Drucker management aphorism, “You can’t manage what you can’t measure,” is a favorite of Yannick Lefang, the founder of Kasi Insight, an integrated marketing research firm operating in seven African countries.
Shoprite Holdings Ltd., the South Africa-based supermarket chain, is our single largest holding in the retail industry in our Africa investment strategy.
South Africa has fallen into recession for the first time in eight years after economic growth shrank by 0.7% between January and March.
While the continent’s major economies were hit by the fall in commodity prices in 2016, Africa retained its position as the second-fastest growing continent globally recording an average of 2.2% GDP growth.
Barclays has been given regulatory approval for the sale of its remaining stake in its Barclays Africa Group, according to a unit of the business.
South Africa’s main opposition party, the Democratic Alliance, suspended Helen Zille, its former leader and premier of the Western Cape province.
His dream is to show the world the glories of Ethiopian cuisine, to preserve its rich traditions and to make his fellow citizens eat better.
Zimbabwean billionaire Strive Masiyiwa’s Econet Wireless Global Ltd. unit Liquid Telecom has appointed former Vodafone Group Plc executive Kyle Whitehill to head up South African internet provider Neotel and oversee the company’s expansion plans.
It was only a year ago that Uber declared that its Lagos market was potentially bigger than its London market.
He has a staggering seven nominations at the Billboard Music Awards and will come to the UK to headline festivals this summer.
Microsoft will soon deliver cloud services from datacenters located in Cape Town and Johannesburg, South Africa.
One of South Africa’s richest business leaders talks about his commercial successes and failures, the debates about race and economics in South Africa and his criticism of the government.
Africa looks set for a bright future on the private equity front with activity on the rise, according to a new report which predicts that around a billion dollars could be invested in the next five years.
On the internet, Nigerians are opting for more global identities through web addresses.
Southern African telecoms giant Vodacom Group will buy a 34.94% stake in Kenyan operator Safaricom – known for its ground-breaking M-Pesa mobile money system.
Safaricom is planning to take its successful mobile money service M-Pesa across Africa after building a dominant home base in Kenya and presence in its East African neighbors.
The leader of South Africa’s opposition Democratic Alliance, Mmusi Maimane, said on Friday it could win the 2019 election with the help of other parties as the African National Congress becomes increasingly divided under President Jacob Zuma.
Given the continued global search for yield and growth in an increasingly low-yield world, debt markets in Africa should and will attract increasing attention from institutional investors.
Africa could have as many as 10 teams competing at the 2026 World Cup after the allocation for places at the expanded 48-nation competition was ratified by the FIFA Council during their meeting in Bahrain.
South Africa finance minister says only ANC can decide on Zuma. Opposition parties have called for no-confidence motion.
Sub-Saharan African economic growth is expected to pick up in 2017 after reaching the lowest level in 22 years in 2016.
The number of exits achieved by PE firms in Africa is trending upwards, evidenced by a record number of exits in 2016.
First-quarter sales rose 7.1 percent boosted by Nigeria and Iran. Carrier still has ‘work to do’ to meet full-year targets
With support from prominent African investment groups, XL Africa will help 20 selected startups attract early stage capital of between $250,000 and $1.5 million.
Botswana is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2016 by Quantum Global’s independent research arm, Quantum Global Research Lab.
Pizza Hut is set to open three outlets in Ethiopia this year, becoming one of the first international restaurant chains to enter Africa’s second-most populous country.
After the U.S. election in November, many Africa investors became concerned that a move toward a more isolationist trade policy in the U.S. would hinder business, trade and capital flows to and from Africa.
Higher-paid African expatriates sending cash to home countries. Money-transfer company has Facebook backer Accel as investor.
Naspers, Africa’s biggest ecommerce and digital company, has just invested R960 million (about $69.4 million) in Takealot Online, South Africa’s largest ecommerce company.
Late last month, South Africa’s increasingly unpopular president, Jacob Zuma, unceremoniously sacked his well-regarded Finance Minister, Pravin Gordhan.
East African property markets have demonstrated desirable levels of resilience over the past few years.
Ratings agency Fitch downgraded South Africa’s credit rating to sub-investment grade on Friday.
Credit rating agency Standard and Poor’s (S&P) has downgraded South Africa’s rating to junk status.
Major cabinet reshuffle comes as calls for South African president to quit grow.
South African president Jacob Zuma faced a widening public backlash from senior members of the ruling African National Congress including his deputy, Cyril Ramaphosa.
Family businesses seek sales amid growth in buyout groups in the region
Last month the romantic comedy The Wedding Party became the first movie from Nigeria’s growing film industry to break 400 million naira ($1.3 million).