The new line has created jobs for 14 people, mostly women, and another 40 people are expected to get jobs when it operates at full capacity. South African Breweries (SAB) and AB InBev Africa today launched a R438 million production line at its Ibhayi Brewery based in Port Elizabeth.
South Africa faces both an opportunity and threat from the looming deluge of waste that will be generated on the continent. If recent projections prove to be correct, Africa’s municipal solid waste by 2025 will be nearly double the 2012 levels. This is according to a United Nations Environment Programme (UNEP) report, which states that 244 million tonnes of municipal solid waste will be produced across Africa within the very near future. This is due to rapid population and consumer-led growth, which leads to greater urbanisation.
Africa’s most advanced economy held investments steady at 29 projects in 2017. EY’s latest Africa Attractiveness report, which analyses foreign direct investment (FDI) into Africa, shows that South Africa and Morocco are the joint top destinations for FDI on the continent.
Discovery held its Leadership Summit in Sandton on Thursday (1 November). One of the recurring themes among the business leaders in attendance was the irrefutable case for economic growth. They argued that this is central to turning around the country since the 2008 financial crisis and the challenges associated with state capture.
Ridesharing company Uber says it is working on "a whole generation of transport modalities" – one of which is Uber Air, an urban aviation ride sharing product that could see shoppers being picked up or dropped off at skyports.
NAIROBI - Hilton Worldwide Holdings plans to more than double its hotels in Africa in the next five years by mainly striking deals with existing hotels for conversion into its brand, its chief executive said.
The Mother City has been labeled the African city of opportunity in a recent research report by PricewaterhouseCoopers (PwC).
The Infrastructure Africa Business Forum 2018 has announced the launch of DealRoom, its new business matchmaking and networking platform. This initiative serves to assist participants and esteemed members of the infrastructure community in fostering valuable stakeholder liaisons with financiers and business partners, who are actively in search of projects to invest in. Furthermore, various countries around Africa will engage in Project Presentations, demonstrating the latest opportunities presented by the field of project development.
As one of the few companies in the world with specialised direct laying equipment for installing national backbones of optical fibre cables, Raubex Infra has recently completed large-scale projects around Africa.