4 \ Contents \ July 2012
www.GatewayToAfrica.com
REGULARS
30 Zimbabwe auto industry taps middle class
High-end models from Mercedes Benz and Chevrolet were on display at the recent Zimbabwe Motor Show,
GatewayToAfrica.com is a multi-platform title for businesses looking to take part in expansion opportunities in Sub-Saharan Africa Editor: Irene Madongo Publisher: Gordon Glyn-Jones Art Director: Jackie Lampard Sub-Editor: Paul Christopher Daniels Researcher: Nicole Holgate Contributors: Pete Guest, Phumzile Tshuma, Rose Nankabirwa, Tanzeel Akhtar and Daniel Harder Illustrator: Bianca Bird Directors: P Atherton, J Durrant, N Durrant and R Phillips
MEDIA PROFILE Magazine: Monthly readership - 50 000 Enewsletter: Monthly readership - 20 000 Digital Edition: Monthly readership - 5 000 Africa Online Network: Monthly viewers - 150 000
• To Advertise: Email: advertise@GatewayToAfrica.com Tel: +44 (0) 845 456 4910 Account Directors: Bryce Lowry, Gordon Glyn-Jones, Dominic Young, Patrick Atherton
• TO Subscribe: Email: subscriptions@GatewayToAfrica.com Tel: +44 (0) 845 456 4910
PUBLISHED BY BLUESKY PUBLICATIONS Tel: +44 (0) 845 456 4910 Email: info@GatewayToAfrica.com UK Address: Unit 7C, Commodore House Battersea Reach, London, SW18 1TW South Africa Address: 3rd Floor, Sunclare Building, 21 Dreyer Street, Claremont, 7708 Printed by: Mortons of Horncastle Ltd Content Disclaimer
The information contained in this publication has been obtained from sources Blue Sky believe to be correct. However, no legal liability can be accepted for any errors or omissions. Unless otherwise stated, copyright of all original materials is held by Blue Sky Publications Ltd. The printed and online opinions of writers, reader commentators and advertisers are theirs and are not necessarily shared by Blue Sky Publications Ltd and affiliates.
NEWS ANALYSIS
06
BRICS set to take eurozone slack
09
ANC shies away from nationalisation talk
22
Country focus: Mali
26
South Africa’s contemporary masters
South Africa’s trade focus is set to shift towards its BRICS partners as the long-term effects of the eurozone crisis pan out, explains Rob Davies, South Africa’s Minister of Trade and Industry.
Investors are keeping a close eye on South Africa’s business environment, as the ANC’s perceived closeness to trade unions and debates over nationalisation raise concerns.
Life is starting to move on and business is picking up in the West African state. Randgold CEO Mark Bristow, a South African, is the country’s biggest investor. He talks about how a business can survive political turmoil and reap profits in challenging environments.
The South African art market, currently valued at £100m, is benefiting from an appetite for cultural expression.
entrepReneurs
18
Sole Rebels
19
Wilderness Foundation
20
Ghana Home Loans
21
Nairobi Java House
An Ethiopian start-up has taken traditional sewing skills to create an African footwear brand that is on shelves in Europe, America and Asia.
A South African social enterprise has turned conservation education into an industry, preparing young people for jobs in tourism.
Entrepreneurs Dominic Adu, Kojo Addo Kufuor and Ellis Atekpe have taken a model for housing finance from South Africa to Ghana.
Kenya’s emerging middle class has boosted trade for coffee shop chain Java house.
Official Partner Organisations:
BREAKFAST
INDABA The South African Business Network
Blue Sky Also Publishes: