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Tata Motors launches Xenon XT in South Africa
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| Tata Motors today expanded its product portfolio in South Africa with the launch of a new range of Tata Xenon.The company has launched Tata Xenon XT in four variants in the South African market, Tata Motors said in a statement."South Africa is a key Read More... |
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African fund opens Johannesburg office
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| One Thousand & One Voices, a private-equity fund started by the great grandson of the founder of Coors Brewing Co., said it’s opening a Johannesburg office after hiring three former Standard Bank Group Ltd. employees.Navaid Burney, who was Read More... |
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BBC to launch Africa business show
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| BBC World News has announced that it will launch Africa Business Report, a new weekly flagship business TV programme presented by Lerato Mbele, covering key business stories and trends from across Africa.The show will be broadcast on BBC World News (Read More... |
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30 companies to adopt Japanese tech for improved productivity
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| At least 30 local industries will adopt the Japanese Kaizen concept of production aimed at improving products quality and productivity.Already the Industry and Trade ministry has signed a pact with the Japanese government aimed at strengthening the mRead More... |
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Japan donates $4.2m to boost Zimbabwe's food security
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| The Japanese government on Thursday said it had contributed more than $4.2m to the United Nations (UN) World Food Programme (WFP) to boost food and nutrition security among some of the poorest families in Zimbabwe.Japan’s support comes at a timRead More... |
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OVL to bid for seven blocks in Tanzania
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| ONGC Videsh Limited (OVL) will take part in the bidding process for seven oil and gas blocks that are being put up for auctioning next month in Dare-e-Salaam. It would also look at partnering Tanzania Petroleum Development Corporation (TPDC) for two Read More... |
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India Show in Tanzania to boost trade
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| An exhibition of Indian technology and products aimed at boosting India-Tanzania bilateral trade and investment will commence Wednesday in the Tanzanian capital Dar-es-Salaam."The India Show" Sep 25-27, with the theme of "Enhancing Growth, Nurturing Read More... |
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Kenya aims to host Africa's first yuan clearing house
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| Kenya wants to host a clearing house for China's yuan currency - a bold African first that would deepen the continent's ties with Beijing, already a big investor from The Cape to Cairo.Such a venture would not eclipse the dollar in Africa anytime sooRead More... |
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West Africa Bourse anticipates growth
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| West Africa's regional stock market, which switched to real-time trading this week to lure more foreign investors, may see as many as nine new companies selling shares on the exchange next year.That will probably include three from Ivory Coast and thRead More... |
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African private aviation sector spreads wings
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| DEMAND for tailored aviation financing solutions in Africa is booming in line with the continent’s new-found prominence on the global economic stage, says Melanie Humphries, head of Investec Aviation Finance for Africa.
Outlining Africa’Read More... |
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Fast-growing retail in Africa offers high profite
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| THE African continent is becoming a modern-day mecca for consumer industries in search of higher yield, and an increased demand for more modern retail formats and shopping centres is the result.
Urbanisation and rising affluence are fuelling a boom Read More... |
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Kenyan economic policies best in Africa - World Bank
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| The World Bank and the World Economic Forum (WEF) have rated Kenya as the highest country in Sub-Saharan Africa in terms of economic policies and institutions, making the country one of the hottest destinations of foreign investment.
National TreasuRead More... |
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Kenya bets on infrastructure to grow economy
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| Kenya expects to ride on increased investment in infrastructure, agriculture and newfound wealth in oil and gas to kick-start the economy.President Uhuru Kenyatta yesterday said under the country’s long-term development plan, Vision 2030, the gRead More... |
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Policy to guide mining in Kenya out soon
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| The government says it will formulate a mining policy which will set standards for the industry.The Principal Secretary at the Ministry of Mining, Richard Ekae said on Friday that they want to ensure the sector contributes immensely to the econRead More... |
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Geothermal Deal to Benefit Kenya and Tanzania
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| The recent landmark deal between Kenya and Tanzania to collaborate on geothermal exploitation is stirring optimism among entrepreneurs over the possibility of increased business opportunities in alternative power across the region."It is a huge invesRead More... |
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