Tanzania Shoe Factory Set To Be Rebranded
19/07/2017The local shoe industry of Tanzania is about to be rebranded into an international brand, as the government is beginning to make efforts towards developing the industry into a mega.
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South Africa: German Software Company Netted in Money Laundering Case
18/07/2017South Africa democratic alliance (DA) on Monday accused the German software company SAP of corruption and money laundering involving the friends of the President of South Africa Jacob Zuma. The.
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Business & Economy
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Zimbabwe: AMA Issues $80 million for Purchase of Maize
17/07/2017Zimbabwe’s Agricultural Marketing Authority (AMA) has disclosed that it will issue $80 million in grain bills to buy maize from farmers. This purchase will commence next week, the authority’s financial advisor.
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Trade and Investment
Ghana Partners with Switzerland to Boost Cocoa Production
13/07/2017Ghana is seeking ways to boost its production of cocoa, and process more of the beans in the face of price fluctuation. In order to accomplish this, Ghana has decided.
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Trade and Investment
Nigeria: Dangote to Invest $4.6 Billion in Agriculture
12/07/2017Africa’s richest man, Aliko Dangote, plans to expand his company as well as deal with the shortage of dollars in its home market (Nigeria) by investing $3.8 billion in sugar.
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Trade and Investment
Zimbabwe: NSSA to Raise Pension Pay-out
11/07/2017The National Social Security Authority (NSSA) has announced that it will be increasing the minimum monthly pension pay-out to $80 from $60 per month starting from the 1 October 2017..
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Trade and Investment
Tanzania Restructures Mining Industry, New Mining Bills Signed into Law
11/07/2017Tanzanian President John Magufuli on Monday signed a bill which allows at least 16% stake of mining project to go to the government. A law regarding the increment of.
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SOUTH AFRICA: ANC to Nationalize Reserve Bank
06/07/2017South Africa’s ruling party African National Congress (ANC), has recently reached an agreement to nationalize its Reserve Bank. The agreement was reached at a conference held on Wednesday. Two party.
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Trade and Investment
NIGERIA SIGNS POLICY TO INCREASE GAS EXPLORATION
05/07/2017Nigeria cabinet has approved a national gas policy that is aimed at reducing the country’s dependence on crude oil by putting facilities in place that will increase gas exploration,.
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Trade and Investment
South Africa: SARS Commissioner Resolves to Reach Target Despite Recession
03/07/2017South African Revenue Service (SARS) commissioner Tom Moyane said on Monday that he was confident of reaching the 1.62 trillion rands ($124 billion) revenue target set out in the February.
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