Devices, data boost Vodacom growth

Strong device sales and service revenues – including data – boosted Vodacom’s growth in the South African market for the year ended 31 March. Group revenue grew strongly at 6,3% to R86,4-billion; normalised growth, excluding currency translation...

Agriculture could power economic growth

Transforming agriculture can become a stimulus for economic development across the continent. This is according to a study by the Africa Centre for Economic Transformation (ACET), launched at a high-level event on 13 May during the UN Economic Commission for...

EWC comment extension an ‘insult’, says FMF

The Free Market Foundation believes that the two-week extension granted for comments on Expropriation without Compensation (EWC) is an insult. The undue haste smacks of electioneering and public participation in bad faith, the organisation writes in this statement....

FarmCoin aims to finance unbanked farmers

A new alliance will see the creation of investment opportunity via the listing of FarmCoin Venture, an asset-backed investment coin, to help develop a pan-African financial and commodities ecosystem. Block Commodities and Financial & Commodities Ecosystem...

Smartphone fatigue sets in …

Smartphone fatigue hit Europe in Q1 2018, as shipments fell 6,3% year on year, the biggest ever drop in a single quarter. Western Europe bore the brunt, down 13,9% with 30,1-million units shipped. Central and Eastern Europe, though a smaller market, remained a growth...
African prospects bright for SA’s retailers

African prospects bright for SA’s retailers

South Africa’s retail sector is well-developed compared to the rest of the continent, and still has the edge over international competitors when it comes to expansion into Africa. The Euromonitor International report, “Shifting Market Frontiers: Africa...