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Posted on June 5, 2012 at 10:30am
Africa has a significant contingent of social entrepreneurs making social impact. This same group is also a significant asset for business. Social entrepreneurs understand Africa, and this is something businesses need to enter African markets successfully points out Nassir Katuramu, Program Manager for Venture and Fellowship in East Africa for Ashoka, the pioneering support…Continue
Posted on April 10, 2012 at 12:40pm
South African supermarket chain Shoprite Holdings said it will raise up to $1 billion by issuing new shares and convertible bonds to strenghten its balance sheet and help fund potential acquisitions.
Shoprite, which has been ramping up operations in African countries beyond its home market, said in a statement it plans to issue up to 27.2 million new shares, equal to about 5 percent of its current shares.
The grocer said it would also issue 4.5 billion rand of convertible…
Posted on March 22, 2012 at 1:54pm
THE increasing focus on SA’s unemployment dilemma runs the risk of muddying the waters. There are too many proposals doing the rounds. What we really need to achieve is a sustainable solution is to identify a…Continue
Posted on March 20, 2012 at 9:29am