Economy -
  • Kenya to revamp its aviation industry
    06 july 2001 15:57:00
    Nairobi- Kenya (PANA) -- Kenyan Transport and Communications Ministry Friday announced plans to revamp the country's aviation industry to promote inter-African transportation. Full text...

  • Botswana to streamline asset procurement and disposal
    06 july 2001 15:26:00
    Gaborone- Botswana (PANA) -- Botswana intends to streamline its laws on assets public procurement and disposal to bring them in tandem with the requirements of the Southern African Development Community (SADC). Full text...

  • Causes of business failures in South Africa
    06 july 2001 14:19:00
    Cape Town- South Africa (PANA) -- Up to 80 percent of small, medium and micro enterprises (SMMEs) in South Africa fail every year as a result of AIDS, crime and a lack of management know-how, a new research has shown. Full text...

  • Bleak future for Botswana meat commission
    06 july 2001 14:18:00
    Gaborone- Botswana (PANA) -- The future of the Botswana Meat Commission, or BMC, looks bleak after its latest financial report revealed that the beef monopoly recorded its worst performance in 1999/2000. Full text...

  • Trading upbeat at Nigeria Stock Exchange
    06 july 2001 13:41:00
    Lagos- Nigeria (PANA) -- Trading at the Nigeria Stock Exchange (NSE) was upbeat Thursday with a total of 42. Full text...

  • Zambian firm seeks protection against Zimbabwean sugar
    06 july 2001 09:49:00
    Lusaka- Zambia (PANA) -- Zambia's sole sugar manufacturing company Friday sought government protection against imports from neighbouring Zimbabwe, which it said was displacing its products from the local market. Full text...

  • IMF says Burkina Faso is over spending
    06 july 2001 09:31:00
    Ouagadougou- Burkina Faso (PANA) -- The International Monetary Fund (IMF) has cautioned the government of Burkina Faso against non-priority spending, especially in the payment of public sector salaries, official sources in Ouagadougou said. Full text...

  • ECOWAS calls for the dismantling of roadblocks
    05 july 2001 23:37:00
    Lusaka- Zambia (PANA) -- The Economic Community of West African states will intensify efforts regarding the lifting of all roadblocks that seriously impede the free movement of persons and goods in the subregion, ECOWAS Executive Secretary Lansana Kouyate said in Lusaka Thursday. Full text...

  • Kenya to import Sudanese oil
    05 july 2001 22:59:00
    Nairobi- Kenya (PANA) -- Kenya will shortly start importing oil from Sudan, Energy Minister Raila Odinga said Wednesday during discussions in Nairobi with Sudanese Ambassador to Kenya, Farouk Ali. Full text...

  • Namibia warns foreign investors over empty promises
    05 july 2001 21:11:00
    Windhoek- Namibia (PANA) -- Namibia has warned a Swiss business delegation that it was getting sick and tired of "empty promises" from foreign investors and businesses. Full text...

  • World Bank Lends 133 Million Dollars to Uganda, Tanzania
    05 july 2001 20:24:00
    New York- US (PANA) -- The World Bank has approved credits amounting to 132. Full text...

  • Fired Air Namibia officials blame chief executive
    05 july 2001 19:38:00
    Windhoek- Namibia (PANA) -- Dismissed management officials of Air Namibia have claimed that the airline's expatriate managing director was responsible for its messy financial situation. Full text...

  • Guinea increases fuel prices
    05 july 2001 19:37:00
    Conakry- Guinea (PANA) -- Higher fuel prices have taken effect in Guinea since Wednesday, the PANA journalist in Conakry reported Thursday. Full text...

  • Premier decries loss of skilled South African engineers
    05 july 2001 17:40:00
    Cape Town- South Africa (PANA) -- West Cape Premier Gerald Morkel has lamented what he said was the flight of skills South Africa needed to keep its lead on the continent. Full text...

  • Tanzanian envoy decries bureaucratic red tape
    05 july 2001 17:31:00
    Dar es Salaam- Tanzania (PANA) -- Tanzania's acting envoy to the UK has complained that the country risked losing lucrative business deals with traders from the developed nation due to red tape and bureaucratic bangles. Full text...

  • Donors support DR Congo with 280 million dollars
    05 july 2001 17:23:00
    New York- US (PANA) -- Encouraged by improved prospects for peace in the DR Congo, the donor community has committed 280 million dollars to support development projects in the country. Full text...

  • ECA outlines perspectives for viable African Union
    05 july 2001 15:02:00
    Lusaka- Zambia (PANA) -- The Executive Secretary of the UN Economic Commission for Africa (ECA), K. Full text...

  • Malian company lands BOAD loan
    05 july 2001 14:50:00
    Bamako- Mali (PANA) -- The West African Development Bank (BOAD) has approved a loan of seven billion francs CFA (1US dollar = 750 FCFA) for partial funding of a project to revamp the subscriber network and commercial management of Mali's power company, EDM-SA. Full text...

  • Tanzania-Sino textile plant cash-strapped
    05 july 2001 12:22:00
    Dar es Salaam- Tanzania (PANA) -- The cash-strapped Tanzania- Sino textile plant, URAFIKI, has applied for a concessional loan of 100 million yuan from the Chinese Export-Import Bank (Exim) to finance its technical renovation. Full text...

  • Kenya's agricultural sector in major decline
    05 july 2001 12:13:00
    Nairobi- Kenya (PANA) -- Kenya's agricultural sector recorded an overall decline in growth of 2. Full text...

  • Botswana moves to take advantage of SACU, AGOA
    04 july 2001 22:54:00
    Gaborone- Botswana (PANA) -- Botswana parliament Wednesday amended the customs and duty act in harmony with the South African Customs Union (SACU), and as measures to take advantage of avenues offered by the African Growth and Opportunity Act (AGOA) of the US. Full text...

  • China to invest 300 million rupees in spinning mill
    04 july 2001 21:28:00
    Port-Louis- Mauritius (PANA) -- A Chinese firm, Tianli Enterprise, will set up a spinning mill in Mauritius, Prem Nababsingh, chairman of the Mauritian Board of Investment announced Wednesday. Full text...

  • Cape Verde urges understanding on debt owed the OAU
    04 july 2001 17:16:00
    Praia- Cape Verde (PANA) -- With a dozen debtor-member countries already sanctioned, Cape Verde has pledged to settle its arrears of contribution to the OAU by the end of the year. Full text...

  • ADB officials end mission in Cape Verde
    04 july 2001 17:13:00
    Praia- Cape Verde (PANA) -- A delegation from the African Development Bank (ADB) has ended a weeklong supervision of current projects in such areas as agriculture and fisheries in Cape Verde, officials said Wednesday in Praia. Full text...

  • NSE Daily Equities Trading
    04 july 2001 16:56:00
    Lagos- Nigeria (PANA) -- Following is the daily Equities trading at the Nigeria Stock Exchange for Wednesday, 4 July 2001. Full text...

  • Central bank moves to rescue unstable Liberian dollar
    04 july 2001 16:15:00
    Monrovia- Liberia (PANA) -- With about two months into the UN sanctions regime, the free fall of the Liberian dollar has drawn the Central Bank into a rescue mission. Full text...

  • MPs asked to repay millions of stolen funds
    04 july 2001 16:01:00
    Blantyre- Malawi (PANA) -- The chairman of the public accounts committee of parliament, Peter Chiwona, has asked the Malawi government to recover millions of dollars his fellow MPs stole from the education ministry through fraudulent deals. Full text...

  • All set for Namibia's economist business forum
    04 july 2001 15:08:00
    Windhoek- Namibia (PANA) -- Namibia's third Economist Business Forum will run from 31 July to 1 August, Namibia Economist editor Daniel Steinmann said Wednesday. Full text...

  • Central bank records 51-billion naira surplus
    04 july 2001 14:00:00
    Lagos- Nigeria (PANA) -- Nigeria's Central Bank recorded a surplus of 51 billion naira from its financial operations in 2000, the local media quoting a report released by the bank reported Wednesday (110 naira =1 USD). Full text...

  • African Union holds brighter economic future for continent
    04 july 2001 13:23:00
    Lusaka- Zambia (PANA) -- The African Union, which African leaders are expected to formally launch next week at their 37th summit in Lusaka, holds out brighter prospects for economic revival and growth, affirms OAU Assistant Secretary-General in charge of economic affairs Ambassador Vijay Makhan. Full text...

  • Fuel prices drop five cents in South Africa
    04 july 2001 11:28:00
    Cape Town- South Africa (PANA) -- South African consumers received a welcome relief on Wednesday when the price of petrol dropped by five cents a litre, and the cost of illuminating paraffin by four cents. Full text...

  • South African transport officials visit the Netherlands
    04 july 2001 10:30:00
    Cape Town- South Africa (PANA) -- South Africa's Transport minister Dullah Omar, all provincial transport local ministers and a top-level delegation from the transport industry are in the Netherlands for a four-day economic exploration. Full text...

  • Sixteen companies eye Nigeria's giant telecom outfit
    04 july 2001 09:36:00
    Lagos- Nigeria (PANA) -- Sixteen companies, four of them local, have expressed interest in acquiring Nigeria's telecommunications giant, NITEL, as its privatisation process formally takes off. Full text...

  • Botswana moves to reduce tax burden
    04 july 2001 08:37:00
    Gaborone- Botswana (PANA) -- The Botswana government has embarked on wide ranging fiscal reforms to reduce the country's overall tax burden and to strengthen revenue collection. Full text...

  • World Bank approves 126.52 million dollars for Uganda
    03 july 2001 23:27:00
    Dakar- Senegal (PANA) -- Uganda is to get a loan of 126. Full text...

  • Donors pledge $240 million in project funding for DRC
    03 july 2001 21:00:00
    Paris- France (PANA) -- Donors ended a World Bank information meeting on DR Congo Tuesday in Paris pledging 240 million US dollars to support economic reconstruction projects in the war- torn country. Full text...

  • Govt team looks into viability of Air Namibia
    03 july 2001 20:46:00
    Windhoek- Namibia (PANA) -- The government of Namibia has formed a team of officials to explore ways of salvaging the debt-ridden state-owned Air Namibia. Full text...

  • Home Finance Company gains push All-Share index up
    03 july 2001 19:57:00
    Accra- Ghana (PANA) -- Home Finance Company (HFC) made a two- cedi gain to push the GSE All-Share Index, the key gauge of the Accra bourse, up a slim 0. Full text...

  • NSE Daily Equities Trading
    03 july 2001 19:49:00
    Lagos- Nigeria (PANA) -- A total of 28. Full text...

  • Lebanon to host 5th Afro-Arab trade fair
    03 july 2001 19:43:00
    Lusaka- Zambia (PANA) -- The 5th Afro-Arab trade fair will be held in Tripoli, Lebanon from 6 to 14 October, the OAU Secretariat has announced in Lusaka, Zambia. Full text...

  • Reviving Afro-Arab cooperation
    03 july 2001 19:34:00
    Lusaka- Zambia (PANA) -- A new era of Afro-Arab cooperation has dawned, OAU Secretary General Salim Ahmed Salim says in a report presented at the 13th ordinary session of the committee of ambassadors in Lusaka, Zambia. Full text...

  • British Airways to increase African destinations
    03 july 2001 17:26:00
    Nairobi- Kenya (PANA) -- British Airways is to increase the number of destinations in its Africa network, company officials have announced. Full text...

  • Guinness makes to step up operations in Africa
    03 july 2001 16:50:00
    Nairobi- Kenya (PANA) -- Guinness UDV, a South African arm of Guinness Plc wants to invest 260 million pound sterling (about 367. Full text...

  • IMF grants Burkina Faso 5.5 billion francs CFA
    03 july 2001 16:41:00
    Ouagadougou- Burkina Faso (PANA) -- The IMF has disbursed 5. Full text...

  • South African trade unions support Zimbabwe strike
    03 july 2001 16:37:00
    Cape Town- South Africa (PANA) -- The Congress of South African Trade Unions (COSATU) has expressed its support for a two-day national stay-away called by the Zimbabwe Congress of Trade Unions (ZCTU) in protest against the government's decision to raise fuel prices by an average of 70 percent. Full text...

  • Congo caves in under IMF pressure
    03 july 2001 16:02:00
    Brazzaville- Congo (PANA) -- At the behest of the IMF, the Congolese government has at length accepted to sign an agreement defining relations between the State and the National Oil Company (SNPC), Brazzaville sources said. Full text...

  • Ethiopian coffee exporter suffers heavy loss
    03 july 2001 15:07:00
    Addis Ababa- Ethiopia (PANA) -- An Ethiopian Coffee Exporter has reported a loss of more than 3. Full text...

  • Spescom announces new appointments
    03 july 2001 14:35:00
    Cape Town- South Africa (PANA) -- The Johannesburg Securities Exchange-listed information and communications technology specialists, Spescom Limited, Tuesday announced that Bill Weber has been appointed chief executive officer and board director of Altris Software, its USA subsidiary. Full text...

  • ACTT experts due in Kinshasa
    03 july 2001 14:01:00
    Kinshasa- DR Congo (PANA) -- Experts from the Transport and Transit Coordination Authority (ACTT) will be in Kinshasa 9-12 July for discussions with transport and communication companies on traffic along the 'Northern Corridor. Full text...

  • Regional office to co-ordinate Nile Basin Projects
    03 july 2001 11:56:00
    Addis Ababa- Ethiopia (PANA) -- Ethiopia, Egypt and Sudan have agreed to open a regional office in Addis Ababa to co-ordinate the Nile Development Projects, official sources said Tuesday. Full text...

parcours parcours [849] [850] [851] [852] [853] [854] [855] [856] [857] [858] [859] parcours parcours


xhtml CSS