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Walking wine trail offers new experience in Central Otago

In Central Otago – New Zealand’s pinot noir heartland – you can stroll the vineyards on a new walking wine trail that visits four premium wine tasting rooms. Cromwell’s new walking wine trail offers new wine experience The 4 Barrels Walking Wine Trail is the latest way to navigate around four of Central Otago’s premium […]
Business – New Zealand Travel

US economy growth revised

us economy growth

WASHINGTON – The US second quarter economy,  grew  faster than expected, showing its fastest pace in over two years, however the momentum will probably slow in the third quarter as Hurricanes Harvey and Irma temporarily curbed activity. [Read more…]

SAP Recommends Dividend

SAP software

WALLDORF, Germany, Feb. 23, 2017 – The Executive Board and the Supervisory Board of SAP SE (NYSE: SAP) recommend that shareholders approve a dividend of €1.25 per share for the fiscal year 2016 at the Annual General Meeting of Shareholders. [Read more…]

G20 leaders pledge boost for economic recovery

G20 leaders economy boost

The Group of 20 (G20) leaders have called for more collective action to achieve strong, sustainable and balanced growth that can be universally beneficial for economic recovery. [Read more…]

NISABA, Agribusiness in Sub-Saharan Africa

Louis Dreyfus

Agribusiness in Sub-Saharan Africa – Bamboo Finance, a private equity firm specializing in investing in business models that benefit low-income communities in developing economies and Louis Dreyfus Holding, which owns a controlling stake in leading global agribusiness Louis Dreyfus Commodities, announced today a partnership to launch and jointly manage NISABA, a US$50 million impact investment fund project with a focus on small- and medium-sized agribusiness enterprises (SMEs) in Sub-Saharan Africa. As project sponsor, Louis Dreyfus Holding will invest US$10 million to seed NISABA. [Read more…]

Why Global Economic Growth Is Sluggish

Economic Growth

There’s bullish talk about a coming pick-up in global economic growth, but for the moment, the signals are negative. Trends in the global economy look increasingly ominous. [Read more…]

Gloves are off for the global mining industry

Miners

JOHANNESBURG, South-Africa, June 4, 2015/ — 2014 was expected to be a tough fight for the global mining industry with commodity prices down and short-term volatility increasing. The initial scorecard for the largest 40 miners was mixed and now the gloves are off for the industry with widespread government intervention, internal industry conflicts and rising shareholder activism, according to PwC’s annual Mine report released today [Read more…]

Solar Power plan for Robben Island

Cape Town – Tourism Minister Derek Hanekom says Robben Island, one of the world’s top tourist attraction spots, will soon generate its power from solar panels. The island, which once held the likes of former President Nelson Mandela and struggle stalwarts Walter Sisulu and Ahmed Kathrada, amongst others, will be a pilot site for the […]

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All Africa Business Leaders Awards

all africa business awards

The 2014 winners of the CNBC Africa All Africa Business Leaders Awards Presented by Johnnie Walker Blue Label (AABLAs) were announced at the Sandton Convention Centre in Johannesburg on Friday, 14 November. [Read more…]

Bond Yields Fall to a 500-Year Low

Jeffrey Gundlach

Jeffrey Gundlach, the American fund manager who correctly forecast the surge in bond prices this year, contrary to the overwhelming majority of the experts who got it wrong, remains fundamentally pessimistic about economic growth in the US. [Read more…]