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Business & Economics

Business & Economics  

Oil shock tactics

05:04 GMT 24th March 2011

With Uganda expected to start oil production in the next three years, Edris Kisambira looks at the downside of a new super sector on board
 

Bries and mortar

03:11 GMT 24th March 2011

President Zuma has hailed the decision to invite South Africa to become a member of the Bric group as a milestone for the country, writes Bill Corcoran in Cape Town
 

Investment Breaker

12:20 GMT 15th February 2011

US FDI to Zambia has increased over the past 10 years, while China is collaborating on a key power project, reports Nawa Mutumweno from Lusaka
 

Out of the woods

12:16 GMT 15th February 2011

A special economic zone centred on timber processing is seen as a way of reviving Gabon's economic fortunes.
 

United they stand

12:13 GMT 15th February 2011

Africa's intra-regional trade stood at a paltry 10 per cent last year, highlighting the need for regional economic blocs to get their act together.
 

Rescue plan extended

12:09 GMT 15th February 2011

Nigeria's bailed out banks are off the critical list but not yet back to full health, leading to further measures to shore them up. By Nsineno May Anthony, Lagos
 

REGIONAL

12:06 GMT 15th February 2011

The political upheaval in Tunisia has dealt a heavy blow to planned stock and bond listings in the country and also has the potential to send rising portfolio flows across North Africa and the Gulf into reverse.
 

ACCRA

11:57 GMT 15th February 2011

Ghana's stock exchange expects at least four new listings this year, including a local float by oil group Tullow, and predicts that inflows of new pension funds will boost trading volumes.
 

ADDIS ABABA

11:15 GMT 15th February 2011

Ethiopia has penalised retailers and suppliers in the capital who raised the prices of consumer goods such as bread by amounts higher than caps set in January, authorities said.
 

NAIROBI

11:13 GMT 15th February 2011

Kenya's balance of payments posted a $365m surplus in the 12 months to September from a $360m surplus a year earlier, the central bank said in its latest monthly economic review.
 

PORT LOUIS

10:58 GMT 15th February 2011

Mauritius sees foreign direct investment (FDI) to the Indian Ocean island growing by 8 per cent in 2011, boosted by flows into the hospitality and property sectors, an official said last month.
 

DAR ES SALAAM

10:41 GMT 15th February 2011

China's Sichuan Hongda will invest $3bn in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation (NDC) said in January.
 

Kinshasa

11:18 GMT 6th January 2011

A mining ban in troubled eastern Congo is preventing the tin and tantalum industry from meeting tough new US rules against 'conflict minerals,' an industry body said in November.
 

Brazaville

11:16 GMT 6th January 2011

Congo Republic's oil production will rise about 2 per cent in 2011 to 348,000 barrels per day, with prices averaging $80 a barrel, according to the government's budget projections released in November.
 

Algiers

10:58 GMT 6th January 2011

Egypt's Orascom Telecom may seek international arbitration to end a dispute with Algeria that is holding up its $6.6bn plan to sell assets to Russia's Vimpelcom, according to a letter seen by Reuters in November.