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Toyota Boosts Production of Cars in South Africa with $390million Investments

Japanese automaker Toyota has invested 6.1 billion rand ($390 million) to expand the production of its Hilux and Fortuner models in South Africa, its country CEO recently said.

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Egypt Must Work Harder to Revive Tourism after EgyptAir Crash: Minister

Egypt will have to work 10 times harder to revive its tourism industry, Tourism Minister Yehia Rashed said on Sunday, after a series of setbacks including the crash of an.

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Kenya Sees Tourist Numbers Rising by a Third this Year to 1.6 Mln

Kenya expects tourist arrivals to jump by a third this year to 1.6 million as Western governments lift warnings against travel to the East African nation, the Kenya Tourism Board.

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Egypt Imposes Tax on Sugar Export

Egypt has recently imposed a 900 Egyptian pound ($101.35) per tonne tax on exported sugar effective until the end of the year.

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Chamber of Mines Zambia Defends New Mineral Tax

The Chamber of Mines of Zambia has recently defended the new levy placed on minerals stating that the new price-based mineral royalty tax will enhance the collection of government revenue.

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Nigeria: FG’s Economic Team Working Hard to Revamp Economy- Adeosun

The Minister of Finance, Mrs Kemi Adeosun has recently said that the Federal Government of Nigeria’s economic team is doing everything to ensure that the economy is reflated and also.

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Gambia: Central Bank Calls for Global Action against Money Laundering

The Deputy Governor of the Central Bank of The Gambia (CBG) has called for global action in the fight against money laundering and other financial crimes.

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Nigeria: FG’s Economic Team Working Hard to Revamp Economy- Adeosun

The Minister of Finance, Mrs Kemi Adeosun has recently said that the Federal Government of Nigeria’s economic team is doing everything to ensure that the economy is reflated and also.

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Nigeria: Japan Seeks Pact on Infrastructure Investments

In a bid to deepen financial intermediation and technology supply for infrastructural development in the country, the Japanese government has expressed interest in partnering with the Federal Government to provide.

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Zambia: 2016 Fiscal Deficit Slightly Below 8.1 Percent of GDP

Zambia’s treasury Secretary has recently stated that the budget deficit and economic growth is expected to remain largely unchanged this year as low commodity prices and electricity shortages continue hitting.

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