MOODY's Investors Service warned yesterday that Bidvest , which has signalled that it is on the acquisition trail, had "limited headroom" for a major acquisition due to concerns over the company's debt profile, weak consumer demand and potentially tight profit margins.
The Nigerian state of Kwara has received international attention for its invitation to dispossessed white farmers in Zimbabwe to come to Nigeria. The oil-producing nation - Africa's most populous - currently imports about U.S.$3 billion worth of food to sustain its 140 million-plus people, and the Kwara government hopes the experienced commercial farmers will help the state become food ...
The Minister of Finance, Augustine Nganfuan has announced in Monrovia that an international investment group, the Hamsah Investments Limited and Wall Capital Limited has sued the Liberian Government in a British High Court in London for a Summary Judgment to enforce a 2002 New York judgment for over US$ 20million.
The South-South meeting that closes today in Gigiri, Nairobi, is taking place for the first time since the 1990s.
The country is experiencing low inflationary pressure. This follows a two months consecutive decline in inflation resulting from decreasing food prices.
ESKOM's cash crisis has forced it to consider selling a 30% stake in its R142bn Kusile power station -- which could secure it up to R40bn in private equity.
West African Glass Company Plc has given hints of a possible discontinuation of business activities due to difficulties and challenges confronting its operational activities.
Investors' woes heightened, Tuesday, as the value of their investments on the Nigerian Stock Exchange (NSE) dipped further by N45.84 billion.
Nigeria lacks strategic trading partner with the rest of the world in terms of international trade, says Professor Wale Omole.
A medical team has been flown to East Pokot and Turkana East districts after a cholera outbreak killed 27 people.
THE Hong Kong Trade Development Council (HKTDC) has called upon the Tanzanian business fraternity to make maximum use of the Hong Kong free port in order to dominate the Chinese market and other countries in the Far East.
IN a rare feat, the country's economy registered a staggering USD 620.4 million (approx. 806.4bn/-) balance of payment surplus thanks to disbursements from International Monetary Fund (IMF) during the year ending September 2009.
The following is a special briefing with Global AIDS Coordinator Amb. Eric Goosby on the U.S. approach to fighting HIV/Aids and the new U.S. administration's administration PEPFAR strategy.
Liberian Vice-President Joseph Boakai and UN Deputy Envoy Moustapha Soumaré have underscored the unique role smallholder farmers play in guaranteeing food security and alleviating poverty in with a call for increased investment in smallholder farming. The two were speaking at the weekend during a ceremony in 's central city, Gbarnga, to mark this year's World Food Day.
South Africa and Cuba have reaffirmed the need to strengthen their existing relations and further expand cooperation between the two countries.
Eliminating corruption is one of the conditions donors have set for Uganda.
Regional Development Manager of West and Central Africa of the World Customs Organisation (WCO) Mr Daniel Perrier has said human capital development remains the most important aspect of modern Customs administration.
President Umaru Yar'Adua has said that the Petroleum Industry Bill (PIB) will restore the confidence of investors in the nation"s oil and gas industry.
Bothered by the influx of substandard goods from China into the country, the Nigerian Government and its Chinese counterpart are bill to sign an agreement in January which would check the dubious importation of fake and counterfeit goods and products into Nigeria from China.
Standard Chartered Bank is boosting bilateral trade between Africa and Asian by launching its Nigerian Malaysian Trade Corridor.The initiative was part of a seminar held in Lagos in conjunction with the Nigeria-Malaysian Business Council as part of the bank's Africa SME Month with the theme "Optimizing Global Opportunities For SMEs: International Trade With Malaysia."
BRITANIA Allied Industries plans to set up processing plants for fruit farmers across the country.
The Fisheries Department, in collaboration with Overseas Agro-Fisheries Consultancy Company, recently ended a two-day capacity building training for fish retailers in Western Region on the rules and regulations for the proper utilisation of fish market.
Rwanda customs officials have banned Ugandan clearing agents operating at Katuna border town from clearing goods in their country at the adjacent border town of Gatuna saying that they have enough staff to handle trucks entering and leaving their country.
PETROCHEMICALS group Sasol would spend R8,4bn in an investment to double its production of hard wax in SA, the company said yesterday.
ABOUT a fortnight ago, I received an e-mail from a reader asking me why I had ignored the results of Raubex Group for the half-year ended August 31 and which had been published on November 9.
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