Economy -
  • Kenya losing billions through counterfeits
    28 may 2001 16:55:00
    Nairobi- Kenya (PANA) -- Kenya government loses more than 4 billion shillings annually to suppliers of counterfeit products, an industrialist has charged. Full text...

  • Global giants to unlock South Africa's economy
    28 may 2001 15:52:00
    Cape Town- South Africa (PANA) -- World leaders, Accenture and Microsoft South Africa have joined forces with Financial Mail/ Future Company to bring South Africa the most important event for successful business in the third millennium. Full text...

  • Kenya Airways Acquires New Aircraft
    28 may 2001 09:34:00
    Nairobi- Kenya (PANA) -- Authorities at Kenya Airways Monday confirmed taking delivery of the company's first Being 767-300 ER aircraft as part of its fleet modernisation programme. Full text...

  • Zanzibar optimistic on tourism
    27 may 2001 18:39:00
    Dar es Salaam- Tanzania (PANA) -- The hospitality industry in Tanzania's federated island of Zanzibar is targeting a 5. Full text...

  • Govt begins liberalisation of oil sector
    26 may 2001 15:59:00
    Lagos- Nigeria (PANA) -- Even with opposition to the deregulation of the oil sector still growing, Nigeria's federal government has taken the first step to open up the troubled downstream oil sector. Full text...

  • Rural women inaugurate cassava mill
    25 may 2001 22:30:00
    Yaounde- Cameroon (PANA) -- The association of active women in the Cameroonian town of Ngoumou have inaugurated a cassava mill funded by the association and the UNDP. Full text...

  • EAC finance ministers want regional stock exchange
    25 may 2001 22:13:00
    Dar es Salaam- Tanzania (PANA) -- Finance ministers from the East African Community members states of Tanzania, Kenya and Uganda are urging authorities in their countries to expedite the formation of a regional stock exchange. Full text...

  • African insurers convene in Abidjan Sunday
    25 may 2001 21:22:00
    Abidjan- Cote d'Ivoire (PANA) -- Some 500 delegates from some forty countries are scheduled to convene the 28th Conference of the African Insurance Organisation 27-31 May in Abidjan, organisers of the meeting said. Full text...

  • Rural water supply, health projects get Germany grant
    25 may 2001 19:57:00
    Dar es Salaam- Tanzania (PANA) -- Germany is to grant Tanzania 40 million deutsche marks to support the implementation of several rural water supply and health projects in the country. Full text...

  • Subscription to Ivorian women's bank start
    25 may 2001 19:34:00
    Abidjan- Cote d'Ivoire (PANA) -- Ivorian women on Friday officially launched subscriptions for a bank created recently to finance the activities of women entrepreneurs. Full text...

  • Economic challenges of the African Union
    25 may 2001 17:37:00
    Dakar- Senegal (PANA) -- The euphoria evoked by the much-touted launch of the African Union 26 May, certainly masks the chronic economic ill-health of a marginalised continent, which accounts for less than two percent of the total world trade. Full text...

  • Zimbabwe's mining industry ponders uncertain future
    25 may 2001 15:03:00
    Nyanga- Zimbabwe (PANA) -- The gloomy faces Zimbabwe's mining industry captains wore as they assembled in this resort town for their annual summit unmistakably said it all: tough times are still ahead. Full text...

  • Kenyan motor industry may collapse
    25 may 2001 09:30:00
    Nairobi- Kenya (PANA) -- A Kenyan minister has predicted the imminent collapse of the country's motor industry due to the influx of cheap imports. Full text...

  • Kenya gets European Commission grant
    24 may 2001 16:06:00
    Nairobi- Kenya (PANA) -- Kenya has obtained a grant of 12 million euro (about 10. Full text...

  • Trade unions urged to fight globalisation effects
    24 may 2001 15:41:00
    Nairobi- Kenya (PANA) -- African trade unions have been challenged to fight against the side effects of market liberalisation in the continent. Full text...

  • Zambian kwacha continues to depreciate
    24 may 2001 15:26:00
    Lusaka- Zambia (PANA) -- The Zambian kwacha continued to lose more ground Thursday as it plummeted to 3,495 units against the greenback in Bureaux de Change while at the Central Bank it was dealing at 3,375 kwacha to one dollar. Full text...

  • Mauritanians frenzied over news of oil discovery
    24 may 2001 11:53:00
    Nouakchott- Mauritania (PANA) -- Mauritanians have gone frenzy over the news of offshore oil discovery in their country by the Australian company, Woodside. Full text...

  • Dlamini-Zuma attends Comesa summit in Cairo as observer
    24 may 2001 09:56:00
    Cape Town- South Africa (PANA) -- Foreign minister Nkosasana Dlamini-Zuma is currently in Cairo attending the 6th Summit of the Common Market of Eastern and Southern Africa (Comesa) as an observer in accordance to a 1997 SADC decision that both bodies co-exist. Full text...

  • Former officials face charges over phantom rice project
    23 may 2001 23:15:00
    Accra- Ghana (PANA - Five former officials of Ghan-a government Wednesday appeared before the High Court in Accra to answer charges of causing heavy financial loss to the state through a phantom rice project. ) Full text...

  • Cape Verdians to examine private sector development
    23 may 2001 22:50:00
    Praia- Cape Verde (PANA) -- The people of the Cape Verdian Archipelago have planned a private sector development meeting for Friday and Saturday in Praia to examine problems the country was experiencing in fisheries, agriculture, trade, industry, services and tourism Some 300 participants will attend the meeting, which was organised by several organisations, including the chamber of commerce, industry and agriculture as well as the government. Full text...

  • France gives Mozambique 5.6 million dollars to repair roads
    23 may 2001 22:20:00
    Maputo- Mozambique (PANA) -- The French government on Wednesday made available 6. Full text...

  • Govt urged to probe plight of private sector employees
    23 may 2001 21:34:00
    Lusaka- Zambia (PANA) -- Zambia's Public Interest Foundation Organisation Wednesday called on the government to probe reports of poor conditions of service given employees in the private sector in order to ensure that they are not abused. Full text...

  • 2001 development report predicts catastrophe for LDCs
    23 may 2001 21:11:00
    Nouakchott- Mauritania (PANA) -- The repercussions of global recession could be catastrophic for developing countries, UNDP resident representative in Mauritania, Michel de la Taille said in Nouakchott. Full text...

  • Mauritian workers reject 5 percent compensation
    23 may 2001 20:19:00
    Port-Louis- Mauritius (PANA) -- Mauritian trade unions and employers have rejected a 5-percent salary compensation to workers offered by the government on Wednesday. Full text...

  • Stanchart loss pulls GSE index down
    23 may 2001 19:44:00
    Accra- Ghana (PANA) -- Standard Chartered Bank (SCB), the second most capitalised equity on the Ghana Stock Exchange after Ashanti Goldfields Company, lost a whopping 700 cedis to push the benchmark GSE All-Share Index down by 5. Full text...

  • West African Justice Ministers against corruption
    23 may 2001 18:57:00
    Accra- Ghana (PANA) -- West African Justice Ministers have called for a joint international diplomatic and legal action to retrieve illegal wealth stashed in financial institutions abroad. Full text...

  • Minister wants banks penalised for keeping stolen money
    23 may 2001 18:54:00
    Accra- Ghana (PANA) -- Nigerian Justice Minister Justice Musa Elayo Abdullahi, said Wednesday in Accra that overseas institutions that keep stolen State money should be punished along with the principal culprits. Full text...

  • Nigerian Anti-corruption trials open
    23 may 2001 17:41:00
    Abuja- Nigeria (PANA) -- The much-awaited trial of top public office holders by Nigeria's anti-corruption Commission began in the nation's capital, Abuja, Wednesday without any of the speculated big names on the cause list. Full text...

  • Nujoma on benefits of Free Trade Area
    23 may 2001 15:54:00
    Cairo- Egypt (PANA) -- Namibian President Sam Nujoma, has appealed to leaders of the Common Market for Eastern and Southern African (COMESA), countries to avoid conflicts so as to enjoy the benefits of the Free Trade Area (FTA) launched by the region in Lusaka last year. Full text...

  • Mubarak allays fears of lost revenue in COMESA trading
    23 may 2001 15:24:00
    Cairo- Egypt (PANA) -- Egyptian President Hosni Mubarak Wednesday allayed fears by some members of the Common Market for Eastern and Southern Africa (COMESA) that accession to a free trade area (FTA) would result in decreased members' trading revenue. Full text...

  • Zambian Trade Union on corruption charges
    23 may 2001 15:07:00
    Lusaka- Zambia (PANA) -- The Zambia Congress of Trade Unions, (ZCTU) has challenged the government to clear allegations of corruption and mismanagement of funds reported by a section of the country's media. Full text...

  • Businessmen urged to assist officials
    22 may 2001 22:48:00
    Rabat- Morocco (PANA) -- Senegal's ambassador to Morocco Doudou Diop has called on Moroccan and Senegalese businessmen to enhance trade links to compliment the existing excellent relations between the top leadership in the two countries. Full text...

  • ADF approves 12.65 million dollars in loan for Mauritania
    22 may 2001 21:24:00
    Dakar- Senegal (PANA) -- The Abidjan-based African Development Fund (ADF) has approved a loan of 10 million Units of Account (approximately 12. Full text...

  • Sudan gets 10 million-dollar OPEC loan
    22 may 2001 20:36:00
    Khartoum- Sudan (PANA) -- Sudan has obtained a loan of 10 million U. Full text...

  • UAE lifts ban on Sudanese livestock
    22 may 2001 19:58:00
    Khartoum- Sudan (PANA) -- The United Arab Emirates (UAE) has lifted its ban on livestock imports from Sudan, Mohammed Salih Jabalabi, under-secretary of animal resources announced Tuesday in Khartoum. Full text...

  • Tobacco production rising in Tete
    22 may 2001 19:48:00
    Maputo- Mozambique (PANA) -- The director general General Director of the Zambezi Development Planning Office (GPZ), Sergio Vieira, has expressed hopes that tobacco leaf production in the western Mozambican province of Tete would reach 10,000 tonnes in the 2001 crop season. Full text...

  • Connoisseur extols Namibia's cottage jewel industry
    22 may 2001 17:09:00
    Windhoek- Namibia (PANA) -- An American observer has acknowledged Namibia's small-time jewel sector as not only well established but also of high standards and rapidly growing. Full text...

  • Privatisation puts 357 million dollars into state coffers
    22 may 2001 16:26:00
    Addis Ababa- Ethiopia (PANA) -- Ethiopia's privatisation agency has sold over 3 billion birr (over 357 million US dollars) by selling 200 state-owned businesses nationalised by the Marxist military regime of former dictator Mengistu Haile Mariam, the official press reported Tuesday. Full text...

  • South African company increases shareholding in Zambia
    22 may 2001 16:10:00
    Lusaka- Zambia (PANA) -- The giant South African sugar manufacturing company, Illovo Sugar Limited, has wrestled a substantial amount of shares from minority shareholders to hoist its total volume to more than 89 percent of the shareholding in Zambia Sugar Plc. Full text...

  • Travelex chairman arrives in South Africa
    22 may 2001 15:33:00
    Cape Town- South Africa (PANA) -- Lloyd Dorfman, chairman and chief executive of the largest non-bank foreign exchange business in the world, Travelex, who are the new owners of Thomas Cook Global and Financial Services (TCGFS), is in South Africa on a three-day official visit. Full text...

  • Tourism expert predicts boom in sub-Saharan Africa
    22 may 2001 15:04:00
    Cape Town- South Africa (PANA) -- Lorig Yekhpairian, vice president for travel industry relations of the American Express, said turnover from tourism is expected to almost double in sub- Saharan Africa over the next decade. Full text...

  • Zimbabwe farmers finally deliver tobacco to market
    22 may 2001 14:55:00
    HARARE- Zimbabwe (PANA) -- Zimbabwean tobacco farmers, faced with a stubborn government's refusal to to devalue the local currency, have broken their sales boycott and begun delivering the crop to auction floors, industry executives said on Tuesday. Full text...

  • Trading upbeat Tuesday at Lusaka Stock Exchange
    22 may 2001 14:05:00
    Lusaka- Zambia (PANA) -- The benchmark Lusaka Stock Exchange all share index was 157 points higher at the resumption of trading Tuesday, after shares in some companies appreciated in value. Full text...

  • Small investors hunt for fortunes on stock market
    22 may 2001 13:37:00
    Harare- Zimbabwe (PANA) -- At first glance, Jennifer Zacharia passes for an ordinary vegetable vendor solely eking out a living from selling an assortment of fresh foods in central Harare, Zimbabwe's capital. Full text...

  • Namibian gemstone traders, jewellers target US market
    22 may 2001 11:58:00
    Windhoek- Namibia (PANA) -- A workshop is underway in Windhoek by manufacturers and traders of gemstones and jewellery in Namibia, to the assess market structure and channels of distribution for the prized products, the Namibia Chamber of Commerce said. Full text...

  • Namibian gemstone traders, jewellers target US market
    22 may 2001 11:57:00
    Windhoek- Namibia (NAMPA) -- A workshop is underway in Windhoek by manufacturers and traders of gemstones and jewellery in Namibia, to the assess market structure and channels of distribution for the prized products, the Namibia Chamber of Commerce said. Full text...

  • Kenyan Bourse in major plunge
    22 may 2001 10:34:00
    Nairobi- Kenya (PANA) -- Trading at Kenya's Nairobi Stock Exchange (NSE) slumped to an all-time low in April 2001, with the All-share Index declining to below 1,800 mark. Full text...

  • COMESA Small-scale enterprises form Association
    22 may 2001 08:38:00
    Windhoek- Namibia (PANA) -- Entrepreneurs from the Common Market for Eastern and Southern Africa (COMESA), have launched a Small- and Medium-scale Enterprises Association (COSMEA). Full text...

  • ADB grants relief package to Mozambique
    21 may 2001 22:23:00
    Abidjan- Côte d'Ivoire (PANA) -- The Board of Directors of the African Development Bank approved Monday a humanitarian emergency relief aid of 500,000 dollars to support victims of the recent floods in Mozambique. Full text...

  • Cote d'Ivoire Owes ADB 25 billion F CFA
    21 may 2001 21:53:00
    Abidjan- Cote d'Ivoire (PANA) -- Cote d'Ivoire owes 37 million US dollars in debt arrears to the African Development Bank (ADB). Full text...

parcours parcours [829] [830] [831] [832] [833] [834] parcours parcours


xhtml CSS