African Business News

Hotel sector recovering steadily in SA

JSE-listed Hospitality Property Fund‚ which invests in hotel and leisure properties‚ is optimistic about the outlook for the hotel sector after a challenging period‚ according to its chief executive Andrew Rogers.
Rogers said at the IPD Property Investment Conference last

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India becomes Kenya's largest Asian trading partner

India, which has a thriving diaspora in Kenya estimated at 100,000, became the East African nation's biggest trading partner in Asia in 2012, surpassing China, a government document says.

India exported to Kenya goods worth $240 million, way ahead of Asia's biggest economy

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Kenyan businesses rated second best in Africa

Kenyan businesses have been rated second-best in Africa — after South Africa — at involving low-income communities in efforts to boost economic growth and sustainable development.A report compiled by the United Nations Development Programme (UNDP) praises

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Thomas Cook reaches exclusive deal on Kenya hotel

Thomas Cook has secured the exclusive booking rights in all main European markets for the popular Ora Resortor Watamu Bay Hotel in Kenya.

The hotel, which is located about 100 miles north of Mombasa, is currently sold in the UK by TUI-owned laterooms.com,

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