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Uganda's Economy Grew At 5.8 Percent in FY 2012/2013
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| Uganda's economy grew somewhat better in financial year 2012/13 at 5.8% up from 3.4% a year earlier, according to the revised figures from the Uganda Bureau of Statistics (Ubos) revealed on Sept. 30.The revised growth numbers point at a better futureRead More... |
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13rd Economic Forum on Africa begins in Paris
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| The 13th International Economic Forum on Africa kicked off Monday in Paris, France, with the Ivorian Prime Minister, Daniel Kablan Duncan, and several African political and economic figures in attendance, PANA reported here.Held under the theme: &ldqRead More... |
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Kenya invites bidders for power plants
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| KENYA has invited bids from investors to develop coal-and gas-powered plants to generate an additional 1,800MW.The bids are being submitted to the ministry of energy and petroleum in Nairobi, ministry principal secretary Joseph Njoroge said.He said sRead More... |
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Investors look for Yum! insights on China business
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| Investors in Yum! Brands Inc., which operates KFC, Pizza Hut and Taco Bell, might get a stronger sense of how the company's China unit is doing as earnings results are released this week.Louisville-based Yum! (NYSE: YUM) derives 40 percent of its opeRead More... |
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Investors look for Yum! insights on China business
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| Investors in Yum! Brands Inc., which operates KFC, Pizza Hut and Taco Bell, might get a stronger sense of how the company's China unit is doing as earnings results are released this week.Louisville-based Yum! (NYSE: YUM) derives 40 percent of its opeRead More... |
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Hamilton to host China business opportunities forum
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| The Australia China Business Council will explain how businesses can understand China's emerging markets in agribusiness and food.
Hugh Koch from the Southern Grampians Shire Council says there are good opportunities in the region."The agricultural Read More... |
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Africa boasts 55 billionaires from 10 countries
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| Africa is now home to 55 billionaires, up from previous estimates of 16-25 billionaires, new research has found. These super rich are worth a combined total of $143.88bn (£89.27bn).The UK, in contrast, is home to 84 billionaires, worth a nearlyRead More... |
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Africa's business opportunities to be presented in Baku
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| The Azerbaijan Export and Investment Promotion Fund (AZPROMO) and Azerbaijan Diplomatic Academy (ADA) will hold a presentation on the possibilities of Azerbaijani business opportunities in Africa on October 11.AZPROMO reported that the presentation oRead More... |
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MAC Continues Business Expansion In Africa
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| The New York-based cosmetics firm, Make-up Art Cosmetics (MAC), is poised to set up shop in many parts of sub-Saharan Africa, opening at least 20 shops in the next half a decade, it emerged late on Monday.MAC wants to pay more attention to emerging mRead More... |
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CNOOC to spend $2bn on Uganda oil field
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| China's CNOOC has won a final production licence for Uganda's Kingfisher oil field and will spend $2 billion over four years to develop it, a senior Ugandan official said on Thursday.Uganda, which struck oil in 2006 and has estimated reserves oRead More... |
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Rwanda, Best Country in Tax Compliance in EAC
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| We already know that Rwanda is among the top in the region and on the continent when it comes to corruption-free governance and a fast-growing economy, and now we can add another accomplishment to the list: paying taxes.The 2013 World Bank 'Doing BusRead More... |
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South Sudan bank to boost Gulf retail business
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| South Sudanese lender Liberty Commercial Bank plans to expand its retail business with the help of foreign investors and is looking for a partner in Dubai to tap rising trade with the Gulf, a senior executive said.Launched last year with one branch aRead More... |
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Unilever plans Sh17bn investment in Kenya
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| Unilever, the Anglo-Dutch manufacturer, plans to invest €150 million (Sh17.6 billion) in a new manufacturing plant in Kenya, global chief executive officer Paul Polman has said.Polman told President Uhuru Kenyatta at State House Nairobi that theRead More... |
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India-Africa trade institute to start next year
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| An institute of foreign trade that India is setting up in Uganda will start offering courses from next year.The Indian Institute of Foreign Trade (IIFT) is the nodal agency for setting up the India-Africa Institute of Foreign Trade (IAIFT) and its diRead More... |
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Africa's mobile subscribers to reach 300m
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| Africa’s mobile subscriber base is estimated to surpass 300 million by the end of the year.The Minister for Communications, Dr. Edward Kofi Omane Boamah, who made this known at the 2013 Session of the Africa Regional Development Forum (RDF) in Read More... |
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