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Commodities - Top News

  • November 30
  • Monitor Uganda: Billions Lost to Timber Dealers

    Dr Damien Akankwasa, the National Forestry Authority executive director, was already under suspicion by State House and the Shs900 million allegedly stolen from his bed room provided the perfect opportunity for the government to clamp down on him, Sunday Monitor can reveal.

  • East African East Africa: 'Return Import Tariff On Cement Or We Close Down'

    The East African Cement Producers' Association wants the 35 per cent tariff for imported cement products restored to save the sector from collapse.

  • East African Southern Africa: Sweet Taste of Success Down South [opinion]

    The sugar industry in Southern Africa is a success story.

  • November 27
  • Vanguard Nigeria: USAID/Markets to Assist Goods Movement in Country

    NIGERIA, which has been hit hardest by collapse in movement of goods around as a result of inefficient transport system, poor road governance, delays, corruption or bribery, etc. will soon say bye to cargo delays, courtesy of USAID/MARKETS.

  • Nation Kenya: Malindi Tries to Rein in the Sand Harvesters

    Sand quarry owners in Magarini District must from now on sell their sand to the Magarini Sand Harvesters Cooperative Society.

  • BuaNews South Africa: Petrol to Go Up By 27 Cents a Litre

    Holidaymakers who will be driving to their destinations might be disappointed about a 27 cent fuel increase expected ahead of the festive season.

  • Business Daily Kenya: Refinery Stand-Off Poses Supply Shortage Risk in Petroleum Market

    According to oil marketers, the Kenyan refinery is holding some 300, 000 tonnes of crude belonging to marketers.

  • Foroyaa Gambia: Groundnuts Sold At Give Away Price

    Ahead of the Tobaski feast, farmers in the North Bank Region and Central River Region are selling their groundnuts to middle men at D5 per kilo, in preparation for the coming Tobaski feast. This works out to D5000 per tonne compared to the producer price of D8500 per tonne in the last trade season.

  • Business Day South Africa: Conditions Still Tough, Bidvest Warns

    FOUR months into the first half of its financial year ending in June next year, Bidvest yesterday warned trading conditions "remain reasonably tough".

  • New Vision Uganda: Milk Dealers Warned On Quality

    MILK producers and processors, who compromise quality, will be dealt with "ruthlessly," Bright Rwamirama, the animal husbandry state minister, has warned.

  • Vanguard Nigeria: Dana Cuts Billets Import By 81 Percent

    Dana Steel Limited, the core investor in the Katsina Steel Rolling Company, has cut down the volume of its billets' import by 81 per cent. Billets are one of the raw materials used in the production of steel.

  • November 26
  • Leadership Nigeria: FG Renews Joint Venture Lease With Mobil

    In line with its objective of increasing exploration and production of hydrocarbon resources with a view to growing the nation's oil reserves to 40million barrels of crude, the federal government has renewed the leases of OLS 67, 68 & 70 shallow waters with Mobil Producing Nigeria Unlimited, under the NNPC / Mobil Producing Nigeria Joint Venture operation.

  • Leadership Nigeria: FG Gets 6 Million Euro Grant to Boost Cassava Production

    The federal government has gotten six million euros as grant, to boost cassava production from Netherlands, while the World Bank has approved a $30 million credit to strengthen agricultural productivity and growth in Uganda.

  • New Vision Uganda: Kayunga Youth Get Coffee Seedlings

    THE Government has distributed coffee seedlings to the youth in Kayunga district in order to increase their household incomes and help them get rid of poverty.

  • November 25
  • Monitor East Africa: EAC Coffee Meeting Set for February

    Eastern Africa coffee farmers, roasters and exporters will in February next year meet to discuss policy issues and measures that can facilitate the logistics and easier movement of coffee across borders.

  • November 24
  • Nation Kenya: State Trading Corporation to Stay After All, Says PS

    The government has said that it has not intentions of winding up the Kenya National Trading Corporation formed in 1965 primarily to supply essential commodities.

  • Monitor Uganda: Rain Boosts Tea Production

    Tea growers are upbeat about the coming of the rains saying; it has boosted the production of the country's fourth export earner.

  • Monitor Uganda: Milk Prices Drop By 50 Percent

    Ms Patricia Musiime used to buy two litres of milk at the beginning of the year. She gradually decreased it to one litre then finally resorted to black tea as she could not afford the milk.

  • Daily Champion Nigeria: Kwara Govt, Firm Partner On Snailery

    Kwara state government has signed a memorandum of understanding (MoU) with a local firm, PRISMAC Farms, for the commencement of Snailery and assorted Juice production for local consumption to promote agricultural produce and reduce the price of agricultural products in the state,.

  • November 23
  • Nation Kenya: Sell Certified Goods, Kebs Tells Traders

    The Kenya Bureau of Standards (Kebs) has put wholesalers and retailers who fail to adhere to the certification marks on notice.

  • Citizen Tanzania: Tobacco Company Marks 10th Anniversaries

    The Morogoro-based, tobacco processing company, Alliance One Tobacco Tanzania Ltd (AOTTL), says tobacco production in the country has increased by 167 per cent during the last eight years.

  • Namibian Namibia: Gazprom to Get Shares in Kudu

    A NEW developing licence for the Kudu gas field, which is likely to feature Russian natural gas giant Gazprom as a shareholder alongside existing partners Tullow Oil, Itochu Corporation and Namcor, will be announced soon.

  • Monitor Uganda: Loopholes in Oil Agreements Revealed

    Uganda settled for relatively unfavourable terms from agreements she signed with companies currently working the huge oil fields discovered in western Uganda, according to a new report to be released this week.

  • Daily Champion Nigeria: Opec Forecasts Additional 20 Million BPD Demand

    Opec's president Jose Botelho de Vasconcelos said today the group sees global oil demand growing to 106 million barrels per day in the period from last year to 2030, up 20 million barrels.

  • November 20
  • Public Agenda Africa: Opacity Blamed for Bad Oil Deals in Africa

    Campaigners from fifty countries from around the world meeting in Montreal, Canada to strategise on pushing further the frontiers of transparency in oil, gas, and mining industries, have blamed opacity in oil and mineral licensing for the bad deals natural resource-dependent countries are often saddled with.

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