Africa

As the vast majority of experts, analysts and economic observers will attest, the mining sector offers the African country of Kenya the highest immediate growth potential, with its development expected to contribute significantly to driving economic growth in various industries including energy, construction, transportation and finance.

The margin of error when it comes to retaining the quality and freshness of perishable fast moving consumer goods (FMCG) in general is minimal wherever you are on the planet. Nevertheless this small margin decreases further still when one is operating in high-temperature zones south of the equator.

The rare stone was recovered by Petra Diamonds at its Cullinan mine, located to the north-east of Pretoria, which is famed for its production of blue diamonds.

Experts believe that the diamond could be worth more than $10 million. Similar finds at the mine in recent years have commanded similarly high prices and the news of the latest discovery has resulted in Petra Diamond’s share price rising.

As the Mining division of IHC Merwede, IHC Mining focuses on integrated solutions for mining houses in onshore, near shore and deep-sea mining. It offers advisory services to determine overall technical and economic project viability. It designs, builds and supplies innovative mining vessels and advanced equipment. During operations the company provides its clients with life cycle support.

As the continent of Africa continues to grow, both economically and in terms of a rising population, the demand for accessible healthcare has never been greater. Amongst a host of rapidly developing countries, Ethiopia is considered to be among the fastest growing African nations. The second most populous country in Africa, Ethiopia is home to more than 84 million people and is now beginning to take its place on the global stage.

From its head office in Dar-es-Salaam, Tanzania, Super Star Forwarders (SSF), has been an ever present within the transportation sector since its establishment in 1991. Initially a small general cargo haulage business, the company has grown considerably in the 22 years since, to the point where it is today recognised as being a major transport logistics solution provider and among the leading hauliers of containers, equipment, fuel and general cargo in the East, Central and Southern Africa regions.

The Bank expects that higher commodities, increasing investment and a general pick-up in the world economy should all boost the continent's growth to more than 5 percent. This comes at a time when global GDP is forecast to grow by an average of 2.4 percent this year.

Foreign direct investment is forecast to reach record levels in the coming years, hitting $54 billion a year by 2015, the Bank said.

Distell has signed a binding agreement with Burn Stewart owners CL World Brands Ltd and Angostura Ltd that will see it take over its three distilleries that are responsible for producing the Tobermory and Black Bottle brands, bottling hall in East Kilbride and its blending and warehousing facilities in Airdrie. It also operates a sales and marketing branch in Taiwan and holds a majority stake in a spirits distribution arm in the USA.

“Over all,” explains Mohammed Akoojee, executive responsible for investor relations and corporate strategy, “our performance over the last 12-to-18 months has been good, with the majority of our core business segments showing strong growth. We just released a report that shows that our earnings during the last six months were up 15 percent, even in the face of some challenging market conditions that we were exposed to during that time period.”