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Africa's mobile telecoms growth to slow sharply in next 5 years - study

JOHANNESBURG, Oct 8- Growth in Africa's mobile phone users is set to slow sharply in the next five years, a study showed on Thursday, heralding an end to the boom in an industry that has spurred the continent's growth. "I am bit surprised by this development because I expected strong growth to continue because the penetration rate in Africa is still well below 100...
Source: Reuters | By: Tiisetso Motsoeneng
Back to basics, and beyond: automakers seek to counter China slowdown

New car sales still make up a "ridiculous" 70 percent or more of dealer revenue in China, compared to as little as 5 percent in a market like Britain, where dealers make most of their money from car repairs, insurance and auto finance, said an executive at a chain of luxury dealerships in China. That's prompted global car makers such as BMW to intensify training...
Source: Reuters | By: Jake Spring