Eskom changes mind on debt-to-equity conversion
28/08/2018Eskom has abandoned its plan to ask the Public Investment Corporation to convert some its debt to equity out of concern that it will be viewed as a default by.
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Most Recent World News
Business & Economy
Singapore aims to be a gateway to Asia for African companies
28/08/2018Trade and Industry Minister Chan Chun Sing has urged African companies to look to Singapore to access the rest of Asia. Mr Chan said this in his opening address to.
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Business & Economy
World Bank Vice-President for MENA Visits Morocco
27/08/2018A World Bank statement has announced that its vice-president for the MENA region, Ferid Belhaj, is visiting Morocco from August 27-29. The three-day visit is Belhaj’s first trip to the.
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Business & Economy
Feature Reports
South Africa Deserves Investment in Wiser Business Leaders
27/08/2018The corporate leadership failures in South Africa of the last few years demand that we approach leadership differently. BY Associate Professor Kosheek Sewchurran The last few years have raised some.
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Business & Economy
Senegal to Host 68th Session of WHO Regional Committee for Africa
27/08/2018Representatives from 47 African states inaugurate here today the 68th session of the Regional Committee of the World Health Organization (WHO) for this continent. At the meeting in Senegal, ministers.
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Business & Economy
African’s Richest Man Dangote, 4 Others Raise N143bn From Commercial Papers’ Issuance
27/08/2018There has been increased activity in the commercial papers’ market in recent times as Dangote Group, Access Bank, Nigerian Breweries, Coronation Merchant Bank and Sterling Bank have been to the.
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Business & Economy
Nigeria: Banks get N23 trillion deposits, engage 44,000 ‘casual workers’
27/08/2018The end month balance of the banking sector’s deposit base as at June 2018 was N23.21 trillion, indicating a level of liquidity at the disposal of the lenders for credit.
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African History
Business & Economy
Equities Market Rebounds on Bargain Hunting, Gains 0.45%
27/08/2018The equities market rebounded last week with the Nigerian Stock Exchange (NSE) All-Share Index (NSE ASI) gaining 0.45 per cent after three weeks of decline. Although trading in the week.
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Business & Economy
Egypt’s NBE bank targets $2.5 bln external loans in FY2019
27/08/2018National Bank of Egypt (NBE) is looking to raise its foreign debt by $1 billion to reach $2.5 billion in financial year 2018/2019, vice chairman Yehia Abu Al Fotouh said..
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Business & Economy
Homa Bay-KNCCI wants State to privatize sugar industries
27/08/2018The Kenya National Chamber of Commerce and Industries (KNCCI) wants the State to privatize sugar industries to overt the ongoing crisis in the sugar sector. National Chairman Kiprono Kittony said.
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