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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

Abidjan- Cote d'Ivoire (PANA) -- Cote d'Ivoire owes 37 million US dollars in debt arrears to the African Development Bank (ADB). Full text...

Dakar- Senegal (PANA) -- The African Development Bank (ADB) Monday approved a grant of 500,000 US dollars to finance the humanitarian emergency relief support for the victims of the floods that affected in Mozambique. Full text...

Brussels- Belgium (PANA) -- Least Developed Countries (LDCs) concluded a UN organised conference in Brussels Sunday after adopting a programme of action whose goal is to improve their lot during the 2001-2010 decade. Full text...

Dakar- Senegal (PANA) -- The African Development Bank Monday approved a grant of 500,000 US dollars to finance humanitarian emergency relief support for victims of the floods that affected Malawi this year. Full text...

Accra- Ghana (PANA) -- The benchmark Ghana Stock Exchange All-Share Index gained 0. Full text...

Dakar- Senegal (PANA) -- The Board of Directors of the African Development Bank (ADB), has approved a loan of 22. Full text...

Nairobi- Kenya (PANA) -- Negotiations are almost complete for Kenya Airways (KQ) to acquire African Cargo Handling Services Limited (ACHL), its major competitor in ground aircraft and cargo handling at Nairobi's Jomo Kenyatta international airport (JKIA). Full text...

Lusaka- Zambia (PANA) -- The Zambian kwacha dipped further Monday, although analysts predicted that it could stabilise later in the week when the supply of hard currency is expected to improve. Full text...

Lusaka- Zambia (PANA) -- TeleAccess of Zimbabwe is bidding for 30 percent of the shares in COMTEL Communications Company Limited, an outfit that plans to build and operate a regional network to cover 20 member states of the Common Market for Eastern and Southern Africa (COMESA). Full text...

Harare- Zimbabwe (PANA) -- Enticed by tax cuts, more and more Zimbabweans are turning to bicycles to escape rising transport costs which have been worsened by frequent fuel shortages in the country. Full text...

Nairobi- Kenya (PANA) -- Kenya Airways says it is spending some 200 million Kenya shillings (about 2. Full text...

Port Louis- Mauritius (PANA) -- The Shenzhen Shenfubao Group of China has signed a Memorandum of Understanding with the Mauritius port Authority to construct a Freeport House and carry out other operations under an investment package of 173 million rupees (about 6 million US dollars). Full text...

Brussels- Belgium (PANA) -- The European Union (EU) has granted the Republic of Congo 41. Full text...

Maputo- Mozambique (PANA) -- The Mozambican government and the US corporation Enron have signed an implementation agreement for the Maputo Iron and Steel Project (MISP). Full text...

Maputo- Mozambique (PANA) -- The World Bank has denied that it opposed the Mozambican state's intervention in the country's third largest commercial bank, the Austral Bank, in early April when private shareholders, unwilling or unable to re-capitalise the bank, pulled out. Full text...

Maputo- Mozambique (PANA) -- Mozambican Prime Minister Pascoal Mocumbi Friday called for the "responsible exploitation" of marine resources available in the Southern African Development Community (SADC) for the benefit of all member countries. Full text...

Kinshasa- DR Congo (PANA) -- DR Congo authorities and the IMF have agreed on an enhanced transitional programme of at least one year including a set of measures to attenuate the degradation of the country's economy. Full text...

Gaborone- Botswana (PANA) -- The Botswana banking system was paralysed Friday by a serious telecommunication breakdown that caught bankers and thousands of customers completely unawares. Full text...

Port Louis- Mauritius (PANA) -- The Mauritian government Friday announced plans to invest 50 billion rupees for the improvement of public infrastructure during the next five years. Full text...

Lome- Togo (PANA) -- Togo had signed an agreement with an American company, Hunt, for the latter to explore for oil off the Togolese coast. Full text...

Accra- Ghana (PANA) -- Share prices finished higher on the Ghana Stock Exchange Friday, with the benchmark GSE All-Share Index gaining 1. Full text...

Lusaka- Zambia (PANA) -- Unorthodox trade tactics applied by Zimbabwe have led manufacturers in neighbouring Zambia to look for new ways of keeping their industries on stream. Full text...

Muzarabani- Zimbabwe (PANA) -- Zimbabwean peasant cotton farmers are smiling all the way to the bank in the aftermath of a bitter price war that erupted last week between rival marketing companies vying for their crop. Full text...

Lusaka- Zambia (PANA) -- The Zambian kwacha Thursday lost ground against the US dollar, sliding to a marginal dealing rate of 3,340 units from 3,315 units the previous day. Full text...

Cape Town- South Africa (PANA) -- The South African economy received a giant boost Friday after minority shareholders of diamond miner De Beers accepted a 18. Full text...

Tunis- Tunisia (PANA) -- The Community of Sahelo-Saharan States (SIN-SAD) and the UN Food and Agriculture Organisation have signed a co-operation agreement aimed at promoting food security. Full text...

Niamey- Niger (PANA) -- Libya is to finance three projects of over 6. Full text...

Paris- France (PANA) -- An agreement reached by member states of the Overseas Economic Co-operation and Development (OECD) to untie aid to the least developed countries would give the LDCs greater ownership of their development process, according to a senior OECD official. Full text...

Nairobi- Kenya (PANA) -- The Kenya Revenue Authority (KRA) has said it would impound, destroy or ship back all goods that do not meet standards specified by the Kenya Bureau of Standards (KEBS). Full text...

Nairobi- Kenya (PANA) -- The Central Bank of Kenya (CBK) says that the country's economy slumped during the last one year. Full text...

Tunis- Tunisia (PANA) -- Algerian President Abdelaziz Bouteflika said he supports the idea of a gas pipeline between Nigeria and Algeria that would make gas from the two countries available across the region and promote industrial development. Full text...

Tunis- Tunisia (PANA) -- The authorities in Algiers have conceded that some 55 state-owned companies in Algeria employing more than a hundred thousand people were technically bankrupt. Full text...

Tunis- Tunisia (PANA) -- The Arab Fund for Economic and Social Development (AFESD) has granted Tunisia a loan of 36 million dollars to finance a credit development project. Full text...

Tunis- Tunisia (PANA) -- Tunisian authorities trade during the first quarter of the year was at a deficit of 42. Full text...

Paris- France (PANA) -- Member states of the Organisation of Economic Cooperation and Development (OECD) have announced their commitment to the launch of a new global round of trade negotiations in order to stimulate economic growth in developing countries. Full text...

Lusaka- Zambia (PANA) -- Zambia's sole cigarette manufacturer, British American Tobacco (Zambia) Plc, is to increase its authorised share capital by 50 million shares as part of an internal re-organisation programme. Full text...

Nairobi- Kenya (PANA) -- France has expressed hopes that the Bretton Woods institutions would resume lending to Kenya by August. Full text...

Lusaka- Zambia (PANA) -- The Zambian kwacha continued to be bearish against the US dollar forcing the local unit to have lost an estimated 1. Full text...

New York- US (PANA) -- President George W. Full text...

Brazzaville- Congo (PANA) -- Congo (Brazzaville) Economy, Finance and Budget minister Mathias Dzon has expressed exasperation with the crunch public debt had on the country's finances. Full text...