Tanzania: Unilever Invests Over 100 Bn/ – in Tanzania in Four Years
23/08/2018THE Unilever Tea Tanzania (UTT) has invested a total of 100 bn/- in various projects for the development of the country’s tea in line of seeking to meet its pledges.
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Business & Economy
African Rainbow Minerals expects 13% profit increase
23/08/2018Listed diversified mining group African Rainbow Minerals (ARM) expects headline earnings per share for the financial year to September to increase by between 41 and 54 percent. this will be.
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Africa
Business & Economy
Kenya to sign $3.8b SGR deal next month
23/08/2018Kenya is expected to sign a Ksh380 billion ($3.8 billion) contract for the second phase of the Standard Gauge Railway (SGR) in September. Transport and Infrastructure Cabinet Secretary James Macharia.
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Business & Economy
The Central Bank of Nigeria asks banks to submit bids for second Chinese yuan auction
23/08/2018The Central Bank of Nigeria (CBN) has asked banks to submit bids for the Chinese yuan in line with the regulator’s determination to meet foreign exchange demands at the retail.
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Business & Economy
Another African country, Angola kicks off oil sector reforms as Nigeria dithers
23/08/2018Unlike Nigeria’s Muhammadu Buhari, Angola’s President João Lourenço has commenced oil reforms in its state-owned Sonangol with the aim of boosting production in Africa’s second biggest oil producing country. Since.
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Business & Economy
Ghana: Six Banks Jostle for Getfund’s Ghc2.3 Billion Loan
23/08/2018One consortium and five investment and universal banks have been shortlisted as likely arrangers of a GH¢2.3 billion loan for the Ghana Education Trust Fund (GETFund). The six banks are.
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Business & Economy
Iran, Kenya bilateral trade can increase to $500mn
22/08/2018Iranian ambassador to African country of Kenya Hadi Farajvand told Mehr News Agency correspondent that the black continent has become a ground for competitions among the regional and global powers.
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Business & Economy
FTI Consulting expands offering in South Africa
22/08/2018Global business advisory firm FTI Consulting, Inc. has announced the continued expansion of the firm’s service offering in South Africa with the appointment of John Geel, Helena Martins and Mickey.
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Africa
Business & Economy
Angolan President Opens Business Forum in Germany
22/08/2018Berlin, Aug 22 (Prensa Latina) President Joao Lourenzo has opened the 7th Angola-Germany Economic Forum today as part of the official two-day visit to the European country. Some 220 entrepreneurs,.
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Business & Economy
Egyptian exports climb $1.2 bn in only three months
22/08/2018Egyptian exports have surged by US$1.2 billion in 3 months, reaching $6.755 billion by the end of the third quarter (Q3) of the last fiscal year, compared to $5.547 billion.
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