African Business News

Mining boom shifts in Africa

Many of the 7,500 delegates at the recent Investing in African Mining Indaba in Cape Town City said investors are starting to look elsewhere in Africa for new opportunities, as the future of big mining in South Africa seems shaky due to the issues in 2012 that negatively affected production.

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SA still top FDI haven in Africa

WHILE some analysts and stakeholders in business called on President Jacob Zuma to help make South Africa an investment destination of choice in his state of the nation address, others whipped out charts and graphs this week to prove that the South African glass is still half full.

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Every Indian company wanting to expand globally is looking at Africa

With Africa emerging as the destination of choice for many overseas companies, India’s trade and investment interests in this vast continent are on the rise – currently more than 200 major companies are doing busi­ness there.

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Research and development to revive SA economy

SOUTH Africa has relaxed its tax laws to stimulate research and development (R&D) in oil, gas and mineral exploration at a time when new reserves are being discovered in sub-Saharan Africa almost on a daily basis.

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