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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…
Added by Isaac Twumasi-Quantus on March 22, 2012 at 1:54pm — No Comments
The competition is open to women entrepreneurs of all African countries who have created a business plan, which fulfills the eligibility…Continue
Added by Bas Vlugt on March 20, 2012 at 6:55pm — No Comments
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
Added by Isaac Twumasi-Quantus on March 20, 2012 at 9:29am — No Comments
By Des Latham, Johannesburg Area, South Africa - Online Editor, BDFM at AVUSA
Is social networking not just a group of digital silos where mutual admiration societies loaf together mentally? Do you follow people you hate? Do you allow yourself to see or even accept that other argument? Particularly the ideological purists and religious zealots, and social fundamentalists? Do you go to AbortionR Us if you’re a…Continue
Added by Isaac Twumasi-Quantus on March 20, 2012 at 9:00am — No Comments
Institutions, in many cases foreign, that offer instant academic qualifications ‘at the touch of a button’ are on the increase and these ‘qualifications’ have little or no practical value in the marketplace. Experts within the credentials verification market say consumers should treat these so-called ‘degree or qualification mills’ with the utmost caution.
Ina van der Merwe, CEO, Managed Integrity Evaluation (Pty) Ltd. (MIE), says the online medium lends itself to learning because…
Added by Isaac Twumasi-Quantus on March 20, 2012 at 8:59am — No Comments
All business sectors are welcomed to Gabon this year
With the new government run by Mr. Ali Bongo Ondimba, many opportunities are open for new investors in the sector of: Wood, Mining, New Technologies, Construction and many more... Our agency will help and facilitate your experience.
Get ahead of the competition and don't miss out, with Sir William Consulting.
Added by Mr William on March 15, 2012 at 10:00am — No Comments
It will be three years this October since Ghana joined the AU/NEPAD-sponsored Comprehensive Africa Agriculture Development Program (CAADP), and 2013 will be exactly a decade since CAADP – but one probably would not know it.
I even wonder whether people know there is a dedicated website detailing almost…Continue
Added by Isaac Twumasi-Quantus on March 13, 2012 at 2:34pm — No Comments