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How emerging markets have changed over time

Stephen Dover, managing director and chief investment officer of Templeton Emerging Markets Group and Franklin Local Asset Management, shares his view of how emerging markets have changed over time, how he thinks investors should think about them, and where he sees potential opportunities ahead. I think emerging markets are appropriately named – they are indeed emerging and have changed over time. With these changes, I believe the way people both think about and invest in the asset class also should evolve. One example of the evolution we have seen is…

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Africa Business Economy Education Entrepreneurship Featured General Social 

Facebook’s Chief Product Officer in Nigeria to speak at Social Media Week and meet local entrepreneurs and creatives

LAGOS, Nigeria, February, 2017/ — Chris Cox, Chief Product Officer at Facebook is in Nigeria today, to speak at Social Media Week in Lagos about the future of media, and to meet with Nigerian entrepreneurs and content creators. Nigeria is the first stop on a week-long trip to West Africa where Chris will visit Nigeria, Ghana and Senegal to learn about the challenges and opportunities people in the region face so that Facebook can better serve the region’s content creators, entrepreneurs and developers. Inspiration for content creators at Social Media…

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Africa Business Economy Education Featured General 

Africa’s 1st Shared Value Summit To Showcase a Future-Proof Business Strategy: Profit With a Purpose

Throughout Africa, businesses are adopting the Creating Shared Value (CSV) business model to ensure that society benefits while business profits. The concept, first shared with business leaders and marketers by Harvard Business School’s Prof Michael Porter in 2006, is gaining momentum and picking up traction – but not quickly and forcefully enough. For too long, companies have relied on CSR and CSI programmes to balance their focus on maximising profits. Shared Value is now challenging the status quo. The first Africa Shared Value Summit (www.AfricaSharedValueSummit.com) will raise awareness and advocate…

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Cross-border e-commerce considered a growth rocket for Sub Saharan Africa retailers

CAPE TOWN, South Africa, February, 2017 Cross-border online retail predicted to grow at twice the rate of domestic e-commerce (CAGR: 25%) until 2020 Retailers can grow 60% faster with a premium service offering DHL Express (www.dpDHL.com), the world’s leading international express services provider, has published research highlighting the significant growth opportunity for retailers and manufacturers with an international online product offering. The report – The 21st Century Spice Trade: A Guide to the Cross-Border E-Commerce Opportunity – looks in detail at the markets and products that offer the highest growth…

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Africa Economy Featured General Social 

Merck empowers Ugandan infertile women for the second year through ‘Merck More than a Mother’ in partnership with Uganda Ministry of Health

KAMPALA, Uganda, February , 2017/ — Through ‘Empowering Berna’ project, “Merck More than a Mother” empowers infertile women socially and economically. “Merck More than a Mother” aims to improve access to information, education, healthcare and change of mind-set to break the stigma around infertility. Merck (www.MerckGroup.com), a leading science and technology company, today continues their commitment for the second year to empower infertile women in Uganda through improving access to information, health, change of mind-set and economic empowerment. Through ‘Empowering Berna’, Merck in partnership with Uganda Ministry of Health inaugurates today…

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From Baker to Maker

“Never give up.” That’s the advice 26 year old Enricko Smith offers youngsters wanting to carve a career in the technology sector by becoming coders. “Look at me,” Smith says. “I went from baking to technology. This is a complete jump, an absolute change in direction. No one would even think such a thing is possible. Yes, landing your dream job is tough and life can be difficult. But learn as much as you can, and get as much experience as you can, and doors will open to you. Business…

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CONTINENTAL SIGNS COLLABORATIVE AGREEMENT WITH CATERPILLAR

Continental and Caterpillar Inc. have signed an agreement to equip Cat Off-Highway-Trucks (model series 770 to 775) with Continental RDT-Master tyres in sizes 18.00R33, 21.00R33 and 24.00R35. The agreement also calls for the two companies to collaborate on designing new tires for two other Cat products: medium wheel loaders and articulated dump trucks. “We are happy to announce the cooperation with Caterpillar on top of the launch of our new tyre lines in the mining and construction segments. This cooperation underlines the significance that Caterpillar places in innovative technology, the…

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Africa Business Economy Featured General Technology 

New Samsung Soundbar Delivers Incredible Sound and less clutter

CAPE TOWN, South Africa, February 24, 2017/ — In keeping with its focus on delivering only the highest quality user-driven home audio-visual technology, in products that are both sleek and simplistic in design, Samsung (www.Samsung.com) is proud to announce the new MS750 Soundbar. “Samsung has over ten consecutive years of market leadership in home audio and video technology and we always strive to deliver more. In this case, the MS750 Soundbar supplies a crisp and immersive sound, wherever you are in your home,” says Lance Shaun Berger, Business Unit Head:…

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Caterpillar To Open New Parts Distribution Facility in South Africa to Enhance Customer Support

JOHANNESBURG, South Africa, February 24, 2017/ — Caterpillar Inc (NYSE: CAT) (www.Caterpillar.com) today announced plans to consolidate its parts distribution centers in Isando, South Africa into a new parts distribution facility near Johannesburg at about 20 kilometers (12 miles) from the existing centers. The new facility is expected to become operational in the second quarter of 2017. The consolidation provides several advantages including enabling the company to work more efficiently, while increasing the capability to provide unmatched parts availability to customers in Africa. “This investment in our new and more…

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