Thursday 18 December 2014
 
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South Africa

Aramex buys S.Africa's PostNet franchise for $16.5m

Aramex has bought the master franchise for South African retailer PostNet for $16.5 million from OneLogix Group, the Dubai-based courier firm said on Sunday as it expanded its presence in Africa. PostNet provides courier, printing

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Abraaj buys into South Africa consumer goods firm

UAE-based Abraaj Group, a leading investor operating in global growth markets, has acquired a majority stake in one of the largest unlisted food and personal care manufacturers in South Africa. Abraaj completed the buyout of Liber

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Abraaj buys into South Africa consumer goods firm

UAE-based Abraaj Group, a leading investor operating in global growth markets, has acquired a majority stake in one of the largest unlisted food and personal care manufacturers in South Africa. Abraaj completed the buyout of Liber

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Falcon 7X jet joins South African air show

Dassault Aviation, a French aircraft manufacturer of military, regional, and business jets, is showcasing its large cabin, long range business jet, Falcon 7X, at the Africa Aerospace & Defence (AAD) expo in Gauteng, South Africa. Th

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South Africa hopes to resume Iran oil imports

South Africa is looking to resume oil imports from Iran, once its biggest supplier of crude, and hopes to resolve "sanction issues" that have blocked purchases within the next three months, its deputy foreign minister said.

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South Africa set for debut $500m Islamic bond

The South African government plans to raise at least $500 million in its first issue of Islamic bonds, a Treasury official indicated. "South Africa is looking to issue a benchmark-size sukuk and the tenor will be in line with

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South Africa to begin marketing debut sukuk

The Republic of South Africa will begin marketing its debut sukuk from September 8. The roadshow will begin in London, before heading to Dubai and Abu Dhabi on September 9, Riyadh on September 10 and Qatar on the following day.

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Etihad changes S Africa flight schedule

Etihad Airways, the national airline of the UAE, has announced changes to its schedule between Abu Dhabi and Johannesburg in South Africa. The change in the flight schedule, effective October 26, will provide travellers with improved op

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Ford, Toyota halt some S African output due to strike

US motor company Ford has suspended production at one of its South African plants and Japanese car-maker Toyota plans to follow suit as a manufacturing workers' strike hits suppliers of car components. The two-week-old strike

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353-room Southern Sun Abu Dhabi opens

South Africa's Tsogo Sun group has opened its new Southern Sun Abu Dhabi hotel, offering 353 rooms designed within a stylish contemporary architectural setting. The hotel offers a strong line-up of leisure facilities, includin

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