Nigeria automobile sector to contribute 4.5% of 2016 global sales

 Nigeria’s automobile sector may contribute at least 4.5 per cent of 2016 global automobile sales as a result of the country’s increased investment in the automobile sector in 2015,  Read More..

Posted on : 30 Dec,2015

South Africa Open for Business

 South Africa remains a reliable investment destination which is open for business, writes Dr Rob Davies the Minister of Trade and Industry. Much has been said about the flight of capital from  Read More..

Posted on : 29 Dec,2015

Boom in lubricants segment attracts foreign players

 Petrol and diesel prices have been deregulated but it is the lubricants segment that those in the oil marketing sector find attractive and are preparing to fight over.   In the past  Read More..

Posted on : 26 Dec,2015

South African Airways Agrees to Treasury-Backed Airbus Deal

 South African Airways accepted a Finance Ministry instruction to lease five wide-body planes from Airbus Group SE, abandoning an alternative plan by the state-owned carrier’s chairwoman  Read More..

Posted on : 24 Dec,2015

SA Bike Festival to be held at Kyalami

 The inaugural South Africa Bike Festival, powered by Discovery Channel, will be held at the newly rejuvenated Kyalami Grand Prix Circuit in Gauteng from Friday, 27 May to Sunday, 29 May  Read More..

Posted on : 23 Dec,2015

Local plant manager to head up GM manufacturing in Africa

 Current general manager for GM manufacturing operations in South Africa, Clayton Whitaker, has been appointed VP, Manufacturing GM Africa.   He will expand his scope to oversee all  Read More..

Posted on : 21 Dec,2015

Africa’s huge potential draws the automakers attention towards investments

 As expansion opportunities on other markets are being increasingly limited, Africa could be the last frontier for carmakers to conquer.   The Russian market was until recently an  Read More..

Posted on : 18 Dec,2015

“Africa’s Un-Motorized Population” Is Last Frontier for Carmakers Eyeing Growth

 When Nigeria first unveiled incentives for carmakers to set up plants its auto industry had ground to a standstill.   Fast forward two years, and there are at least 36 automakers with  Read More..

Posted on : 16 Dec,2015

China announces $60 billion ‘funding support’ for Africa

While identifying with the laudable objectives of FOCAC in cultivating, fostering and deepening political, economic, technological, social and other forms of relations between China and Africa,  Read More..

Posted on : 14 Dec,2015

Tyrexpo Africa to Deliver a More Holistic Event with New Segments and Side Events for 2016

 SINGAPORE, Dec. 9, 2015 /PRNewswire/ -- Following a successful Tyrexpo India 2015 in Chennai in July, SingEx Exhibitions turns its attention to the sixth Tyrexpo Africa in Johannesburg next  Read More..

Posted on : 10 Dec,2015