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United Kingdom IC Publications 7 Coldbath Square London EC1R 4LQ Tel: +44 20 7841 3210 Fax: Admin +44 20 7713 7898 Editorial +44 20 20 7841 3211 icpubs@africasia.com www.africasia.com France IC Publications 609 Bat A 77 rue Bayen 75017 Paris Tel: +33 1 44 30 81 00 Fax: +33 1 44 30 81 11 info@icpublications.com www.icpublications.com FOUNDER Afif Ben Yedder Directeur de la publication Editor Anver Versi a.versi@africasia.com Art Director Jason Venkatasamy jason@africasia.com Asociate Editors Tom Nevin Stéphane Vigouroux Gérard Choisnet Ridha Kefi Hichem Ben Yaiche Fériel Berraies Guigny Corespondentat-large Stephen Williams Editorial Asistant Carole Lambert Corespondents in Africa Barnabas Thondlana Leo Odera Omolo Blamuel Njururi Herald Tagama Pini Jason John Ansah Derek Otieno Chris Ndivanga Masupu Rakabane Special Corespondents Moin Siddiqi Dr Karamo Sonko Neil Ford Pini Jason Eluem Izezi Subscriptions: IC Publications PO Box 2068 Bushey, Herts, WD23 3ZF Telephone: +44 20 8950 9117 Fax: +44 20 8421 8155 icpublications@alliancemedia.com www.africasia.com/subs See page 21 for subscription offer details. group Publisher Omar Ben Yedder o.benyedder@africasia.com GENERAL MANAGER Leila Ben Hassen l.benhassen@africasia.com Development Director Patricia Bonnin p.bonnin@africasia.com GROUP Sales Director Tibor Fuchsel t.fuchsel@africasia.com Advertising Sales Directors Medrine Chitty Elisée Marie Ndiana Matthew Nick Rosefield CLASSIFIED ADS classified@africasia.com Ghana Ofice Nana Asiamah Bekoe Tel: +233 21 258058 kwabusek@gmail.com GHANA – SPECIAL PROJECTS AND ADVERTISING Silvia Salvetti Tel: +233 24 910 5995 top@topreports.org SENEGAL OFFICE Nathalie Desanti-Tounkara n.desanti@africasia.com Mobile: +22176 51 51265 SALES & Distribution William Pearson PRODUCTION MANAGER Sandra Segade-Hermida IC EVENTS Anna Rosenberg a.rosenberg@africasia.com Printers Headley Brothers Ltd The Invicta Press Queens Road, Ashford Kent TN24 8HH All pictures AFP unless indicated. Registered with the British Library ISSN 0141-3929 ©2011 IC Publications Ltd

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N° DE COMMISSION PARITAIRE 0310 K 89343 Mensuel: Février 2011 Dépôt légal

Contents

African Business February 2011 Issue N˚372

12 Cover Story Chasing the tourism dollar

32 Special Report African Mining The big boom

54 Countryfile Tunisia The ‘Flower’ Revolution

Editorial 11 The winds of freedom are blowing Cover Story Chasing the tourism dollar 12 Widening the net 16 Trouble in Paradise 20 Profits with a human face 22 The Sun rises over Zimbabwe Cityview 26 Africa leaner and stronger Topic 28 China targets African consumers Special Report African Mining 32 The big boom 35 Locals demand more 36 S African firms asleep at the wheel? 38 Gold: China leads consumption Diamonds retain a global sparkle 40 Silver and PGMs prices on slippery slope

42 Platinum maintains prices Palladium is best performer Uranium – nuclear future boosts prices Iron ore: Steel giants’

battle for African stake 44 New drill system for gold mining Trends 46 Wal-Mart’s grand African entrance Countryfiles 54 Tunisia: The ‘Flower’ Revolution 56 S Africa: Vaulting into the BRIC club 58 Nigeria: Ban of contention 60 Kenya: Cotton under the cosh 61 Zimbabwe: Polls could wreck economy Books/Music 64 ChocolateNations 66 AfroCubism