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Water shortage cuts commercial banana production

Mozambique's major commercial banana producer, Bananalandia, in the Boane district, has seen production levels fall by half due to a lack of water for irrigation...

23 hours ago

2017 global food prices highest since 2014 despite December decline

According to the latest FAO Food Price Index, global food prices declined in December. However, the index averaged 174.6 points in 2017, up 8.2% from 2016 and reaching the highest annual average since 2014...

12 Jan 2018

Obtala Limited announces MOU with FundInvest SA

Obtala Limited, the Africa-focused agriculture and forestry group, announces a non-binding MOU with FundInvest SA to combat illegal logging by facilitating the processing and export of sustainable, legal timber...

11 Jan 2018

How Africa can negotiate an effective continental free trade area agreement

African countries are forging ahead to complete negotiations for a continental free trade area between 55 countries by early next year...

By Calestous Juma 2 Jan 2018

Mali hopes to revive industry and increase exports

The shops in Mali are full of imported goods from Europe, the Middle East and Asia. This, Mali's captains of industry maintain, is not necessary...

By Bram Posthumus 29 Dec 2017

Africa's first digital free trade area for rollout in 2018

Businesses within the Common Market for Eastern and Southern Africa (Comesa) could save up to $450 million in clearance documentation once the bloc adopts blockchain technology...

By Julius Barigaba 28 Dec 2017

Government bans livestock, agriculture imports from South Africa over Listeriosis

The Ministry of Agriculture and Animal Resources has banned the importation of meat, dairy products, vegetables and fruits from South Africa over Listeriosis, a viral disease also known as Kaba.

By Eddie Nsabimana 25 Dec 2017

Ultra-modern fruit drying machine opens export markets for hundreds of Kenyan smallholder farmers

Over 500 smallholder farmers in Eastern Kenya have found ready market for their horticultural produce, thanks to an automated air drier

14 Dec 2017

Ethiopia: Institute says textile, garment market expanding

The Ethiopian Textile Industry Development Institute said the foreign currency generated from the textile sector has been steadily growing...

By Abebe Wolde Giogis 13 Dec 2017

European market could offer diversification for SA's SMEs

According to the 2017 Ventureburn Startup Survey, only 5% of South African startups focus their attention on the European market despite South Africa's TDCA with the EU...

13 Dec 2017

Kraft Heinz extends 100% cage-free egg commitment to Africa and Asia

Kraft Heinz extended their cage-free egg policy commitment to Asia and Africa, commits to global 100% cage-free egg supply chain by 2025...

8 Dec 2017

MoU unites African countries against chicken dumping, fights for level playing field

The heads of the Ghanaian and South African poultry industries were among the signatories to a Memorandum of Understanding opposing the "pernicious trade practice of dumping and predatory pricing."

6 Dec 2017

Angola-South Africa visa-free exemption opens doors for trade and foreign direct investment

The South African and Angolan governments' decision to exempt each other's ordinary passports from visa requirements is set to have a positive effect on business and leisure tourism, open doors for future trade and foreign direct investment...

24 Nov 2017

Strengthening of trade, investment ties at Africa ASEAN Business Expo

A delegation from South Africa's Black Business Council recently held talks in Johannesburg with business leaders from Singapore and Malaysia on potential investment...

16 Nov 2017

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International

Untrustworthy memories make it hard to shop ethically

Imagine a shopper, Sarah, who is concerned about child labour and knows about groups like the Fair Wear Foundation that certify which brands sell ethically produced clothing. Hours after learning that fashion giant H&M reportedly sells clothing made by children in risky workplaces in Burma, she goes shopping. Completely forgetting about what she just heard, she buys an H&M dress.

By Rebecca Walker Reczek, Daniel Zane and Julie Irwin 15 minutes ago

H&M 'racist' ad adds to company's woes

STOCKHOLM - A racism scandal at H&M is the latest indication of management problems at the Swedish clothing giant, once the darling of shoppers but now struggling to make the switch to e-commerce, analysts say.

21 hours ago

Steinhoff investors ask to join Dutch lawsuit

The Dutch Investors Association (VEB) says it has been approached by many South African-registered Steinhoff shareholders interested in participating in its class action against Steinhoff.

By Ann Crotty 12 Jan 2018

Woolworths adds Balmain brand

Clothing and food retailer Woolworths is looking to bolster sales in the struggling Australian unit by adding the Balmain brand to its offerings.

By Michelle Gumede 11 Jan 2018

NRD Capital acquires Mike's Kitchen restaurant chain

NRD Capital, a US-based private equity firm that specialises in franchise investments, has cemented its entry into the African market with its acquisition of the 45-year-old South African family restaurant chain, Mike's Kitchen. The deal marks the company's first acquisition on the African continent.

10 Jan 2018

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