Walmart, the U.S. retail juggernaut, will set up shop in South Africa, according to media reports.
Shareholders of South African retailer, Massmart Holdings Ltd., on Monday voted 98% in favor of selling a 51% stake to Walmart at the equivalent of $21.39 per share or 148 Rand.
The total purchase price will come to US$2 billion.
Shareholders of South African retailer, Massmart Holdings Ltd., on Monday voted 98% in favor of selling a 51% stake to Walmart at the equivalent of $21.39 per share or 148 Rand.
The total purchase price will come to US$2 billion.
For the many self-employed African tailors who dress men and women who cannot afford to purchase imported clothes at retail stores, to the crafty artisans who capture the imaginations of tourists with uniquely crafted jewelry, there is no question that the success of the African fashion industry has a direct correlation to their well-being and livelihood.
Around Sept. 11, 2001, not long after she founded the Islamic Speakers Bureau of Atlanta, Soumaya Khalifa heard from a group whose name sounded like “Bakers Club.” It wanted a presentation.
The address was unfamiliar, but she went anyway. The group turned out to be the Bickerers Club, whose members love to argue. Islam was their topic du jour and their venue was a tavern. Ms. Khalifa laughed, and made the best of it.
The address was unfamiliar, but she went anyway. The group turned out to be the Bickerers Club, whose members love to argue. Islam was their topic du jour and their venue was a tavern. Ms. Khalifa laughed, and made the best of it.
In a world plagued by stolen elections, secret government agendas, and a renewed interest in the exploitation of African natural resources, what value does democracy offer, particularly in the tumultuous region of West Africa? For Ghana, a nation that has been Africa’s barometer of political stability, democracy may mean the difference between peace and prosperity—and murderous chaos under military coup.
Works by more than 100 African, African-descended, or simply African-influenced artists from around the world are the focus of a new show at New York's Museum of Arts and Design.
Over the past five years we have experienced an explosion of African fashion on the global fashion scene. Where wearing an outfit inspired by Africa's rich and diverse culture once meant sketching a clothing pattern, finding fabric, and working with a tailor to create the outfit.
The January 9 referendum in which the people of southern Sudan will vote on whether to make their region an independent nation will be a “historic occasion,” most importantly for the people of Sudan, but for all Africans as well. If the election is transparent, fair and successful, it will reflect the will of the people no matter which path they choose, U.S. Assistant Secretary of State for African Affairs Johnnie Carson told reporters.
When I first saw the fashion designs behind Kachi Designs, I had one word in mind: Vibrant. The colors and the African-inspired patterns really drew my in and wow, the world of Kachi is beautiful. Even more beautiful is the fact that Kachi Designs is the brainchild of upcoming self-taught designer Chigozie “ChiChi” Anaele.
For Upendo Minja and Patricia Kafoe, attending Chamber of Commerce board meetings in the United States went beyond just recording minutes — the experience was invaluable, as it empowered them with new ideas on business and community development that they hope to implement in their African organizations.
A group of state legislators in at least 15 states wants to deny birthright citizenship to the children of undocumented immigrants.
With the referendum on independence for Southern Sudan just weeks away, the United Nations refugee agency reported today that thousands of southerners living in the north are heading back by road, rail, barge and plane in both organized and spontaneous returns.
