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Togo-based Ecobank, which currently operates in 25 African countries, will commence operations in Tanzania next month.
The Government has once again been forced to look for money to pay workers of the troubled Tanzania Railway Limited (TRL), who are on strike.
Importers and their agents have been thrown into anxiety and panic as a new cargo clearance deadline announced by the Nigeria Customs Service comes into force.
The Federal Government yesterday pledged full support and encouragement for the State Security Service (SSS) and other security agencies with a view to providing a secure environment for sustained inflow of foreign direct investments into the country.
The Federal Government has disclosed plans to start a commodities exchange.
The nation's currency, the naira, lost its ground against the U.S. dollar on yesterday at the inter-bank foreign exchange market.
MORE than 50 former Ox-Drilling Company employees in Ndola have petitioned District Commissioner (DC) Moses Mumba, to intervene and compel their former employers to pay them their full terminal benefits before relocating to Zimbabwe.
PARLIAMENT yesterday approved a supplementary budget of K1, 633.1 trillion for the financial year ending 31 December 2009.
A government vehicle worth over Shs90 million that was recently given to Mayuge District has been crashed.
Police have set tough measures for bus operators after accidents involving buses are taking an upward trend.
The East African Business Council (EABC) with support from TradeCom Facility has embarked on a regional private sector sensitisation programme aimed at educating private sector players on ways of harnessing business opportunities under the World Trade Organisation.
The United Nations Expert Group on Women and Finance estimates that 70 per cent of the world's populations living on less than a dollar a day are women. Despite the numerous approaches to address household income and improve societal well-being, poverty levels remain high and steadily rising.
The Bill Gates Foundation has approved a $19 million (about Shs35 billion) grant in support of surveys in agricultural information in Uganda, Tanzania, Niger, Nigeria, Ethiopia and Malawi.
GOVERNMENT will from next year start grading civil servants salaries taking into account rank, skills and experience, Finance Minister Tendai Biti said.
LACK of financial back up has forced some farmers to abandon paprika production for other cash crops.
Cabinet has approved the Integrated Resource Plan (IRP) which aims to guide government on how it will meet the country's electricity demands.
President Jacob Zuma on Tuesday announced the names of those who will serve in the Broad-Based Black Economic Empowerment (BBBEE) Council.
THE African Development Bank has pledged to release a US$51 million loan to Zimbabwe to be channelled to power utility Zesa Holdings for emergency rehabilitation of key power infrastructure.
SENATE yesterday postponed debate on the RBZ Amendment Bill to next Tuesday after members requested for time to look at further adjustments that were made to the prospective law in the House of Assembly.
Rwanda Development Board (RDB) is set to award top businesses in Rwanda as an incentive to encourage good business practices in the private sector.
The International Finance Corporation (IFC), an investment arm of the World Bank Group, yesterday held a one day training session for auditors authorised by the Central Bank to support Micro Finance Institutions (MFIs).
The Development Bank of Rwanda (BRD) has released loans worth Rwf11billion within the ten months of 2009, showing resilience to the liquidity crunch that hit the local and international financial sector this year.
Prices of Rwanda's teas sold through the weekly Mombasa auction market rose significantly by 29.8 percent last week in response to high quality supplies, according to Ocir-Thé.
Internet search giant, Google, has published its 2009 Zeitgeist, a list of the most popular topics online.
Governments expressed the will at the seventh ministerial meeting of the World Trade Organisation (WTO) to finish the Doha Round of trade negotiations as soon as possible. But the Africa Group still deems development to be a more important priority than a speedy conclusion.
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