Economy -
  • Parallel economy distorts trade in Algeria
    12 november 2002 16:24:00
    Algiers- Algeria (PANA) -- Algeria intends to review its tax system so as to "criminalise tax evasion" and institute mechanisms for fighting against money laundering, Finance Minister Mohamed Terbeche has disclosed. Full text...

  • Sugar shortage hits Cote d'Ivoire
    12 november 2002 16:00:00
    Abidjan- Cote d'Ivoire (PANA) -- Faced with an acute shortage of sugar as a result of the ongoing military crisis in the country, Cote d'Ivoire has announced it would import 47,500 tonnes of the commodity. Full text...

  • UK launches new development strategy for southern Africa
    12 november 2002 15:25:00
    Cape Town- South Africa (PANA) -- United Kingdom's Department for International Development (DFID) launched its new development strategy for Southern Africa in Pretoria Tuesday. Full text...

  • Nigerian Government lifts ban on imported buses
    12 november 2002 15:09:00
    Lagos- Nigeria (PANA) -- The Nigerian government has lifted the ban on the importation of buses older than five years, but a similar ban on cars remains. Full text...

  • Nairobi Stock Mart Defies Election Fever
    12 november 2002 15:08:00
    Nairobi- Kenya (PANA) -- It was an upswing in activity at the Nairobi bourse Tuesday with heavy trading on most counters. Full text...

  • Congolese parliament adopts law to protect US firms
    12 november 2002 13:27:00
    Brazzaville- Congo (PANA) -- Congo's parliament on Monday adopted a new law for the protection of American investments in the country, the national radio reported. Full text...

  • Recovery in world prices induces Ugandan coffee growers
    12 november 2002 12:14:00
    Kampala- Uganda (PANA) -- A recent recovery in international coffee prices has helped Uganda to kick-start a new season upbeat, as the country reported a 77-percent increase in export earnings from coffee beans last month. Full text...

  • Morocco records over 12 percent increase in reserves
    12 november 2002 11:29:00
    Rabat- Morocco (PANA) -- The 103. Full text...

  • Air France to add new flight on Port Louis-Paris service
    11 november 2002 23:56:00
    Port Louis- Mauritius (PANA) -- Air France has struck a strategic deal with Air Mauritius to increase its weekly flights to the island from 16 to 17 starting in January 2003. Full text...

  • Mauritania's 2003 budget before parliament
    11 november 2002 23:49:00
    Nouakchott- Mauritania (PANA) -- Mauritania's draft budget, which Parliament has been reviewing since Monday, has an expenditure of 436,133,088 US dollars, and it expects to record an increase of nine percent in revenues, parliamentary sources said. Full text...

  • Business upbeat over measures to improve Cape Verdian economy
    11 november 2002 23:43:00
    Praia- Cape Verde (PANA) -- President of the chamber of commerce, industry and services of the southern region of Cape Verde (CCISS), Orlando Mascarenhas, has expressed optimism in the country's economic prospects after Prime Minister José Maria Neves announced certain measures to be undertaken next year during his opening in Praia of the International Fair of Cape Verde. Full text...

  • Chinese to exhibit products in Mauritius
    11 november 2002 22:09:00
    Port Louis- Mauritius (PANA) -- Some 50 Chinese exhibitors will display products, including jewels, shoes, household appliances, porcelain, furniture, textile and toys from 15-19 November at the Port Franc Exhibition Centre in Mauritius, official sources said Monday. Full text...

  • Fuel shortage to end with price increase in Brazzaville
    11 november 2002 21:47:00
    Brazzaville- Congo (PANA) -- The fuel shortage that has crippled Brazzaville in the past month is expected to end Tuesday, an official communique said Monday, noting however that this would be accompanied by an upward price adjustment. Full text...

  • Cape Town ranked as best city in the world to visit
    11 november 2002 21:22:00
    Cape Town- South Africa (PANA) -- Cape Town has been ranked as the best city in the world to visit. Full text...

  • Authorities raise fuel pump price in Kinshasa
    11 november 2002 21:19:00
    Kinshasa- DR Congo (PANA) -- Authorities in DR Congo have raised the pump price of petrol from 225 CFA francs to 280 CFA Francs per litre, while diesel rose from 250 to 275 CFA francs per litre in the nation's capital Kinshasa. Full text...

  • ACBF governors' meeting kicks off in Gabon
    11 november 2002 20:32:00
    Libreville- Gabon (PANA) -- The African Capacity Building Foundation (ACBF) Monday opened the 11th meeting of its governors' council in the Gabonese capital of Libreville. Full text...

  • Mali invests more than 3 billion CFA in craft industry
    11 november 2002 20:11:00
    Bamako- Mali (PANA) -- Malian Craft and Tourism Minister N'Diaye Bah has launched in Timbuktu a 3. Full text...

  • Aluworks loss brings down Accra Bourse main Index
    11 november 2002 19:55:00
    Accra- Ghana (PANA) -- A 100-cedi loss by Aluworks on Monday forced down the Ghana Stock Exchange All-Share Index as investors continued to stay away from the market. Full text...

  • Zambian kwacha depreciates by 23 units
    11 november 2002 19:51:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha was on Monday down by 23. Full text...

  • Central Bank decries mutilation of Ghanaian bank notes
    11 november 2002 19:09:00
    Accra- Ghana (PANA) -- The Bank of Ghana (BOG) on Monday expressed serious concern over the high rate of mutilation of bank notes in the country, saying it spends about three billion cedis a month to replace bank notes defaced through poor handling. Full text...

  • Ghana reviews rules for ranking top 100 companies
    11 november 2002 18:18:00
    Accra- Ghana (PANA) -- The Ghana Investment Promotion Centre (GIPC) on Monday announced new eligibility rules for the Ghana Club 100 (GC 100), group of exclusive companies, following problems identified with the ranking. Full text...

  • Nigerian government suspends oil bloc licensing
    11 november 2002 17:57:00
    Lagos- Nigeria (PANA) -- The Nigerian government has suspended the licensing for oil blocs in the Gulf of Guinea, earlier billed to start by the end of November, the local press reported Monday. Full text...

  • NSE daily equities trading
    11 november 2002 17:45:00
    Lagos- Nigeria (PANA) -- A total of 13. Full text...

  • Fuel shortage hits Congo Brazzaville
    11 november 2002 17:37:00
    Brazzaville- Congo (PANA) -- The month-old fuel crisis in Congo Brazzaville shows no sign of letup with the country's only refinery in Pointe Noire still undergoing renovation. Full text...

  • Nairobi bourse opens week on a low note
    11 november 2002 17:25:00
    Nairobi- Kenya (PANA) -- Turnover at the Nairobi Stock Exchange (NSE) Monday slipped to 6. Full text...

  • Malawi cement manufacturer discharges workers
    11 november 2002 15:18:00
    Blantyre- Malawi (PANA) -- Malawi's major cement manufacturer has closed down its limestone mine at Changalume in the eastern Zomba district and laid off 290 of its 380 workers. Full text...

  • South African company repairs Angolan navy vessels
    11 november 2002 14:53:00
    Cape Town- South Africa (PANA) -- Three Angolan anti-poaching patrol boats refurbished by a Cape Town boat-building company were Monday handed over to Angolan consul-general Mario Leonel Correia here. Full text...

  • RCD taxes block river traffic between Kinshasa and Kisangani
    11 november 2002 11:55:00
    Goma- DR Congo (PANA) -- A decision by the Rwanda-backed rebel Rally for Congolese Democracy (RCD Goma) to impose double taxation on imported goods has delayed the resumption of river traffic between Kinshasa and Kisangani. Full text...

  • South African hotelier foresees continued growth in tourism
    11 november 2002 10:26:00
    Cape Town- South Africa (PANA) -- The much spoken-about upturn in the South African tourism industry is now a reality, and this trend will likely continue well into 2003, a tourism executive affirmed here Monday. Full text...

  • Wade to chair Presidential Investment Council meeting
    10 november 2002 18:41:00
    Dakar- Senegal (PANA) -- President Abdoulaye Wade is to chair the inaugural meeting Monday of a Presidential Investors' Council (CPI) in the Senegalese capital Dakar. Full text...

  • IMF team said happy with performance of Cape Verde's economy
    10 november 2002 17:13:00
    Praia- Cape Verde (PANA) -- The IMF team that recently visited Cape Verde gave a positive assessment of the country's economic performance, a reliable source said in Praia at the weekend. Full text...

  • Niger government to empower the private sector
    10 november 2002 16:16:00
    Niamey- Niger (PANA) -- A national Forum opened in Niamey Saturday on the strengthening of the private sector in Niger. Full text...

  • Mauritius premier reassures tourists on security issues
    10 november 2002 13:21:00
    Port Louis- Mauritius (PANA) -- Mauritian Prime Minister Anerood Jugnauth said Saturday that security was sine-qua-non for Mauritius if the country wished to see its tourist industry grow considerably. Full text...

  • Petrol prices soar in eastern DR Congo
    10 november 2002 12:19:00
    Goma- DR Congo (PANA) -- The petrol price has increased by 10 percent in eastern DR Congo, a region under the control of the Rwanda-backed Congolese Rally for Democracy (RCD) rebels. Full text...

  • Mauritius, Marseilles ports sign twinning agreement
    10 november 2002 11:49:00
    Port Louis- Mauritius (PANA) -- The ports of Mauritius and Marseilles have signed a twinning agreement, intended to open new opportunities for cooperation in terms of infrastructure development and the training of Mauritian personnel, official sources reported in Port Louis Saturday. Full text...

  • Ethiopia to host African poverty reduction workshop
    10 november 2002 09:55:00
    Addis Ababa- Ethiopia (PANA) -- A new focus on strategies to fight poverty in Africa will be highlighted in a five-day workshop on strengthening the human development agenda in the Poverty Reduction Strategy Papers (PRSP) organised by the World Bank. Full text...

  • Nigerian apex bank seeks national code on corporate governance
    09 november 2002 16:17:00
    Lagos- Nigeria (PANA) -- The governor of the Central Bank of Nigeria (CBN), Joseph Sanusi, has called for the institution of a national code on good corporate governance for banking industry in the country. Full text...

  • Nigerian govt securities drop by 16.565 billion Naira
    09 november 2002 16:07:00
    Lagos- Nigeria (PANA) -- The volume of transactions in Nigerian government securities dropped by 16. Full text...

  • Nigeria earmarks $40 billion to expand rail system
    09 november 2002 15:52:00
    Lagos- Nigeria (PANA) -- The Nigerian government is to spend 40 billion US dolars on a phased expansion and development of its railways system, according to the Minister of Transport, Ojo Maduekwe. Full text...

  • Nigerian currency appreciates slightly greenback
    09 november 2002 15:45:00
    Lagos- Nigeria (PANA) -- The Nigerian currency, the Naira, appreciated slightly against the US dollar at the second auction held this week under the Dutch Auction System (DAS) of foreign exchange allocation, closing at 126. Full text...

  • Equities Trading at Nigerian Stocl Exchange Upbeat
    09 november 2002 15:32:00
    Lagos- Nigeria (PANA) -- Equities trading at the Nigeria Stock Exchange (NSE) was upbeat this week as a total of 106. Full text...

  • Donors plan to discuss Burundi's crisis in Geneva
    09 november 2002 12:20:00
    Bujumbura Burundi (PANA) -- Donors have planned a meeting with officials of the Burundian government in Geneva this month to assess the country's socio-political situation and decide whether to block funds promised to the tiny east African nation. Full text...

  • Comoros in the throes of debt, political chaos
    09 november 2002 09:48:00
    Moroni- Comoros (PANA) -- Debt arrears owed by the Union of the Comoros are nearly 50 billion Comoran francs (102,755,720 US dollars) or the equivalent of country's four-year fiscal revenues intake, the president of the Union, Col. Full text...

  • War pushing Côte d'Ivoire hotels to bankruptcy
    08 november 2002 21:40:00
    Abidjan- Côte d'Ivoire (PANA) -- About 40 percent of hotels in Côte d'Ivoire are on the verge of bankruptcy and could be out of business by late December. Full text...

  • IMF satisfied with Cape Verde's economic performance
    08 november 2002 20:42:00
    Praia- Cape Verde (PANA) -- A visiting mission of the IMF has given thumbs up to economic and financial policies adopted by Cape Verdean government, well-informed sources disclosed in Praia Friday. Full text...

  • EU to give 101 million dollars for SADC's poverty alleviation
    08 november 2002 20:14:00
    Maputo- Mozambique (PANA) -- Senior Southern African Development Community (SADC) and the European Union (EU) officials on Thursday signed in Maputo a "Regional Indicative Programme" worth 101 million euros (about 101 million US dollars) to support development and poverty reduction programmes. Full text...

  • Canada reiterates commitment to assist Africa through NEPAD
    08 november 2002 19:56:00
    Paris- France (PANA) -- Canada plans to double its development assistance by 2010 and commit half of the amount to Africa under the New Partnership for Africa's Development (NEPAD), a senior aide to Prime Minister Jean Chrétien said Friday in Paris. Full text...

  • Unilever gain lifts Ghana bourse
    08 november 2002 19:37:00
    Accra- Ghana (PANA) -- A big gain by Unilever lifted the sleepy Accra bourse on Friday although the equity sold less than 5,000 shares. Full text...

  • Mali gets 680 million FCFA loan for animal feed factory
    08 november 2002 18:51:00
    Bamako- Mali (PANA) -- The West African Development Bank (BOAD) has granted a 680 million-franc CFA loan to the African Animal Nutrition Company (SANA) of Mali to construct an animal feed factory in Fana, outside Bamako. Full text...

  • Cote d'Ivoire loses 20 billion FCFA in customs revenues
    08 november 2002 17:53:00
    Abidjan- Cote d'Ivoire (PANA) -- Ivorian customs have recorded a drop of over 20 billion FCFA in revenues since the outbreak of the 19 September armed insurrection, the country's Customs Director General said Friday. Full text...

parcours parcours [568] [569] [570] [571] [572] [573] parcours parcours


xhtml CSS