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The World Food Programme (WFO) recently provided humanitarian assistance to the disaster victims in the North Bank Region.
Government has finally responded to calls for the empowerment of citizen entrepreneurs as it will soon bypass the tendering process and procure from local companies provided their prices are competitive.
President Mugabe has thanked the Food and Agriculture Organisation for assisting Zimbabwe boost household food security through a US$70 million input facility targeting smallholder farmers.
Regulators in Uganda's financial market have argued that the country still needs a mix of financial instruments on the stock exchange to support the growth of the economy and domestic savings.
The Korea International Cooperation Agency (COICA) plans to increase the quality and quantity of its development assistance programs in Ethiopia.
Ethiopia is inviting investors to lease three million hectares of agricultural land to increase food productivity and earn foreign exchange.
THE Government has earmarked sh850b for the development of the Luweero Triangle and Rwenzori regions that were devastated by war.
THE Government will spend $600m (about sh1.1 trillion) to renovate hospitals and health centres, the Minister of Health, Dr. Stephen Mallinga, has said. Mallinga said the money will be used to upgrade the health facilities to cater for the increased demand for services.
PERSONS with disabilities doing business in Busia town have asked the Uganda Revenue Authority (URA) enforcement officers to stop confisticating their goods.
ON FRIDAY I told you that Jean and I were building a high- dividend yield portfolio as part of our own main portfolio and that we had bought shares in the construction company Stefanutti Stock Holdings (Stefstock). I wrote also that the staring point was a share price of R10,70 with a historic earnings yield of 17,3% and a dividend yield of 5,4%.
LOCAL investment house Convergence Partners is moving into Tanzania with a deal to buy 35% of WIA, which supplies wireless voice and data services to corporate clients.
The East African Community yesterday defended the draft Common Market Protocol expected to be signed by its five heads of state here on Friday, saying it has the blessing of them all.
In a bid to explore business opportunities in West Africa, India, in collaboration with the Economic Communities of West African States (ECOWAS), is organising an investment forum for entrepreneurs in the diaspora, holding in January, 2010, in Lagos, Nigeria.
Director General, Standards Organization of Nigeria (SON), Dr John Ndanusa Akanya has disclosed that over 800 companies and 4, 500 products in the country have been certified by the organization since the introduction of the MANCAP programme few months ago.
Rivers State Government has unveiled plans to grant three to five years tax holiday to would -be investors in the oil-rich state.The State Commissioner for Commerce and Industry Mr.Ogbonna Nwoke said this at the weekend at the Lagos International Trade Fair and Exhibition. He said the development is part of the current administration to woo investors and boost industrialisation in the state. He ...
The Federal Mortgage Bank of Nigeria (FMBN) is planning to grow its investment volume to about N1.1 trillion, making it one of the biggest banks in the country.
Soon after the National Assembly confirmed him as the new Nigerian High Commissioner to the republic of South Africa, I asked the retired Brigadier-General Mohamed Buba Marwa about what he thought the main challenges would be at his new duty post. I posed the question with the firm belief that that the volume of trade was tilted hopelessly in favour of the former apartheid enclave. The retired ...
Kano State is beginning to reap the fruits of the modernization agenda being pursued meticulously by the Ibrahim Shekarau administration. At two different forums this past month, foreign and local investors, as well as financially able Nigerian professionals in the Diaspora, had cause to take a closer and informed look at the quickening pace of infrastructural development in Kano State.
The Minority in Parliament have observed that the intimidation by the security agencies of Ghanaian professionals who helped in the discovery of oil has the tendency of driving away potential investors into the oil industry.
MEMBER OF Parliament for Subin, Hon. Isaac Osei has commended the NDC government for consolidating the Trade Sector Support Programme by the NPP government with a view to deliver rapid and strategic expansion of Ghana's productive base, with the launch of the Tariff Advisory Board (TAB) expected to develop into a Ghana International Trade Commission.
UNTIL relatively recently, big oil gave little thought to sub-Saharan Africa beyond the coast of Nigeria and Angola. That's changing rapidly after a significant find off the Atlantic coast of Sierra Leone, where both Anadarko Petroleum and U.K.-based Tullow have exploration licenses, and another strike in Uganda, where Tullow operates.
Hunger will be a thing of the past in the region should plans by the East African Community to start formal cross border trade in food yield positive results.
The Government of Rwanda yesterday entered a groundbreaking agreement with US-based Eco-Fuel Global and UK's Eco Positive Ltd-which will see the two companies sink $250m in a project to produce bio-diesel.
AFRICA needs continuous flows of foreign direct investment to stimulate economic growth and reduce poverty levels on the continent, economists say.
Economic activities hitherto suspended at the Nigeria-Niger Republic border as a result of an unofficial sanction resumed last week in line with a Federal Government directive. Our correspondent who visited the Jibia and Kongolam border crossings at the weekend observed movement of goods and services in the area just as petty traders were allowed to move without hinderance.
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