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2010-03-12 08:40	AllAfrica.com	Zimbabwe: Ownership Wrangle Breaks Out Over Telecel Stake AN ownership tussle has split Telecel Zimbabwe after Telecel International announced plans to sell a disputed 11% stake in the country's second largest mobile phone operator, the Zimbabwe Independent can reveal....
2010-03-12 08:40	AllAfrica.com	Zimbabwe: Biti Allocates IMF Funds FINANCE minister Tendai Biti yesterday distributed US$100 million part of the International Monetary Fund's US$510 million Special Drawing Rights (SDR) funds received last year for infrastructural development....
2010-03-12 07:40	AllAfrica.com	South Africa: Regulator Opens Discussion on Internet Tv THE telecoms and broadcasting regulator has issued a discussion document aimed at implementing a regulatory framework for internet protocol television (IPTV)....
2010-03-12 07:40	AllAfrica.com	Africa: African Countries 'Must Clean Up Tender Bidding' AFRICAN countries such as SA must have clean and transparent tender processes that offer equal opportunity to all bidders, a senior visiting US trade official said yesterday....
2010-03-12 07:01	AllAfrica.com	Rwanda: Rwandair Puts House in Order Following the departure late last year of the former CEO of Rwandair, Ambassador Gerald Zirimwabagabo, it is reported that the airline is currently undergoing a 'clean-up process'....
2010-03-12 07:01	AllAfrica.com	Rwanda: Western Province Has Economic Potential- PM Prime Minister Bernard Makuza has tipped the Western Province to emerge as one of East Africa's exemplary economic success stories in the next few years....
2010-03-12 07:01	AllAfrica.com	South Africa: Sanlam Increases Earnings in Second Half LIFE assurance and wealth management group Sanlam lifted normalised headline earnings 133% to 218,9c per share in the year to December 31 after a stronger second half operationally and rising investment markets....
2010-03-12 07:01	AllAfrica.com	South Africa: Imperial Acquires 'Strategic' Stake in Mix Telematics IMPERIAL Holdings, the transport and logistics group, said yesterday it had paid R160m for a strategic stake in fleet-management and vehicle-tracking company MiX Telematics....
2010-03-12 07:01	AllAfrica.com	South Africa: Vodafone CEO Backs Bharti's Interest in Zain THE head of Vodafone, the world's largest cellphone group by revenue, said yesterday that he would not lose sleep if Bharti Airtel succeeded in buying the African assets of Kuwait-based Zain, because competition from such a cash-rich operator would only be good for the customer....
2010-03-12 07:00	Business Report (IOL)	Eskom solar scheme endorses inefficient products
2010-03-12 06:41	AllAfrica.com	South Africa: Currency of Competition THUMBS up to International Monetary Fund (IMF) MD Dominique Strauss-Kahn for his efforts to reframe the debate on the rand....
2010-03-12 06:41	AllAfrica.com	Botswana: Mugabe Accuses De Beers of Looting Zim Diamonds The Zimbabwe government has accused diamond giant De Beers of looting gems from the controversial Chiadzwa mining fields over a period of 15 years without declaring the proceeds to the state....
2010-03-12 06:41	AllAfrica.com	Botswana: Engen Plans to Take Over BP Growing oil company Engen plans to take over the assets of its rival, BP, in the countries from which BP is pulling out. BP announced last week that it will be pulling out of five southern African countries as a result of a strategic review....
2010-03-12 06:41	AllAfrica.com	Africa: Embrace Modernized Farming Techniques -UN In order for Africa to be liberated from hunger and unemployment among its youths, the United Nations Industrial Development Organization (UNIDO) yesterday advised the continent to embrace modern method of farming....
2010-03-12 06:40	Business Report (IOL)	Eskom solar scheme endorsing inefficient products
2010-03-12 06:00	AllAfrica.com	Nigeria: Shonekan - Recurring Crisis More Economic Than Ethno-Religious Former Head of Interim National Government (ING), Chief Ernest Shonekan has said that the recurring violence in Jos in Plateau State was more economic in nature than the ethnic and religious reasons....
2010-03-12 06:00	AllAfrica.com	Nigeria: Oil Licence Renewal - FG Insists On Investment in Refineries The Federal Government has insisted that international oil companies seeking renewal of their acreages must first demonstrate serious commitment to investing in private refineries....
2010-03-12 06:00	AllAfrica.com	Zambia: IMF Praises Economic Management THE International Monetary Fund (IMF) has praised Zambia for the way it managed the economy during the global financial crisis which resulted in the country recording positive growth....
2010-03-12 05:41	AllAfrica.com	South Africa: 'Nationalisation' Benefits Local Bourgeosie In the wake of media exposure of his lavish and opulent lifestyle as well as business interest mostly sustained by government tenders, South Africa's ANC Youth League president, Julius 'juju magic' Malema has suddenly come out in the clear about what he and the ANC nationalists mean by nationalisation of the mines....
2010-03-12 05:41	AllAfrica.com	Zimbabwe: Protests Over Teacher Incentives Indicative of Education Decline On 8 March 2010, 600 members of Women and Men of Zimbabwe (WOZA) gathered in the city of Bulawayo to protest Minister of Education David Coltart and his stance against banning parents' incentives for teachers. Coltart told parliament last week, "There has been lawlessness in the education sector and demanding incentives, unless approved as levies, is illegal because it is extortion, but if incentives are to be scrapped off, I have no doubt there won't be any classes because teachers will leave the profession."...
2010-03-12 05:41	AllAfrica.com	Nigeria: Exploiting Numerous Health Values of Cocoa Cocoa intake has been described as potent medicine for stroke, breast cancer and cardiovascular disease. The commodity has also been scientifically proved to enhance blood circulation in the body and promote healthy teeth and skin....
2010-03-12 05:41	AllAfrica.com	Zimbabwe: Govt Launches Shanghai Expo in Byo Industry and Commerce Minister Professor Welshman Ncube will today launch Zimbabwe's participation at the Expo 2010 Shanghai, China for the business community in Matabeleland....
2010-03-12 05:41	AllAfrica.com	Zimbabwe: Inaugural Fin360 Investment Forum Opens Next Week The inaugural Fin360 Foreign Direct Investment Forum that will bring together 120 business executives begins on Tuesday next week....
2010-03-12 05:41	AllAfrica.com	Nigeria: Akunyili Says Stress, Low Pay Kill Journalists Minister of Information and Communications Professor Dora Akunyili has blamed the high rate of death amongst journalists on stress that they undergo Mondays through Sundays and insufficient salaries....
2010-03-12 05:41	AllAfrica.com	Nigeria: Workers Hold Council Chairman Hostage The Chairman of Yola North Local Government in Adamawa State Alh. Muhammadu Ibrahim Attah -Baba Ami was yesterday held hostage by aggrieved workers over non-payment of their four months salaries....
2010-03-12 05:41	AllAfrica.com	South Africa: Optimum Coal Aims to Raise R1,6 Billion in Listing COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month. It expects to raise about R1,6bn in the initial public offering (IPO)....
2010-03-12 05:41	AllAfrica.com	South Africa: MTN to Invest 200 Million in Undersea Cables MTN Group will invest about 200m (R1,5bn) in submarine cables to increase its bandwidth capacity for its Africa and Middle East operations....
2010-03-12 05:41	AllAfrica.com	South Africa: New Sasol Plant for Wax Exports PETROCHEMICALS group Sasol yesterday formally launched a R8,4bn wax expansion programme that, when complete, will double the production of hard wax in SA....
2010-03-12 05:41	AllAfrica.com	South Africa: Public-Private Partnerships Slow, But Still Promising - Basil Read BASIL Read chief financial officer Donny Gouveia said yesterday the construction company was "cautious about the amount of work coming from government" this year, despite public infrastructure contracts helping it achieve strong earnings growth in the year to December....
2010-03-12 05:41	AllAfrica.com	South Africa: GE Healthcare Ups Investment in Country GENERAL Electric (GE) Healthcare was set to double its investments in SA through a "three-year plan", president Richard di Benedetto said this week, as it looks to step up talks with the government on public-private partnerships....
2010-03-12 05:41	AllAfrica.com	Zambia: IMF Sings Praises For State Economy IT is not often that the fastidious International Monetary Fund (IMF) sings praises of African economies....
2010-03-12 05:41	AllAfrica.com	Zambia: Country's Done Well - IMF THE International Monetary Fund (IMF) has praised Zambia for the way it managed the economy during the global financial crisis which resulted in the country recording positive growth....
2010-03-12 05:00	AllAfrica.com	Africa: 8th African Cotton Days Kick Off Today In a news conference in Yaounde yesterday, the association's president, Ahmed Bachir Diop, assured that all was ready for the three-day reflection on African cotton....
2010-03-12 05:00	AllAfrica.com	Uganda: NIC IPOs Signs of Coming Times THE results of the initial share offer of the National Insurance Corporation (NIC), were announced earlier this week. The share issuers were pleasantly surprised at the interest in the share offer despite the adverse publicity that dogged the offer period that run throughout January....
2010-03-12 05:00	AllAfrica.com	Zimbabwe: Govt Negotiating on New Business Law, Says Tsvangirai Prime Minister Morgan Tsvangirai has defended the indigenisation laws and regulations saying they promote Zimbabwean interests and must not scare away foreign investors....
2010-03-12 05:00	AllAfrica.com	South Africa: UK Wants Trade Lift From Zuma Trip SA and the UK wanted to double the value of their two-way trade over the next five years from the recession-hit low of R40bn last year, Trade and Industry Minister Rob Davies said yesterday....
2010-03-12 05:00	AllAfrica.com	Nigeria: Billionaire Makes Forbes Rich Men's List ALHAJI Aliko Dangote, Nigerian born billionaire commodity merchant, industrialist has again made it on the list of the world richest men alive, according to a Forbes World Richest Billionaires released yesterday. But his friend and arch rival, Femi Otedola has, however, dropped out of the list probably due to the stock market crash that has gravely eroded his fortune....
2010-03-12 04:40	AllAfrica.com	Tanzania: World Economic Forum Preps in Full Swing PREPARATIONS for the World Economic Forum (WEF) scheduled to start May 5 through May 7, 2010 in Dar es Salaam are well under way....
2010-03-12 04:40	AllAfrica.com	Zimbabwe: Tsvangirai Defends Indigenisation Laws Prime Minister Morgan Tsvangirai has defended the indigenisation laws and regulations saying they promote Zimbabwean interests and must not scare away foreign investors....
2010-03-12 04:40	AllAfrica.com	Nigeria: FCTA to Enforce Building Code on Abuja Structures Henceforth, all structures in the Federal Capital Territory must meet the standard of the National Building Code.The FCT Minister, Senator Muhammad Adamu Aliero said this on Wednesday while receiving the President of the Nigerian Institute of Building that paid him a courtesy visit in his office....
2010-03-12 04:40	AllAfrica.com	Nigeria: Lukman Denies Blocking Probe Into 90 Million Litres Missing Fuel Petroleum Minister Rilwanu Lukman yesterday denied preventing the Economic and Financial Crimes Commission (EFCC) from probing the missing 90 million litres of petroleum products belonging to the Nigeria National Petroleum Corporation (NNPC)....
2010-03-12 04:40	AllAfrica.com	Uganda: Ministers Used Chogm Funds for Own Roads Several ministers diverted money meant for public roads to pave access lanes to their property during Chogm, Parliament heard yesterday....
2010-03-12 04:00	Business Report (IOL)	Mining activity to improve from low base in 2010
2010-03-12 04:00	AllAfrica.com	Uganda: Judge Raps Masaka Chiefs On Development Justice Jane Kiggundu has blasted the leaders of Masaka Municipal Council, saying they have messed up the town....
2010-03-12 04:00	AllAfrica.com	Africa: Nissan Recall - Africa Regional Office Allays Fears Nissan Africa Regional Office has said that vehicles imported into sub-Saharan countries by Nissan National Sales companies are not affected by reports of a recall of selected Nissan vehicles by Nissan North America....
2010-03-12 04:00	AllAfrica.com	Nigeria: NPA Records Progressive Cargo Throughput Increase in 10 Years Nigeria has witnessed a progressive increase in cargo throughput in the last 10 years, Managing Director of Nigerian Ports Authority (NPA), Abdul Salam Mohamed, has said....
2010-03-12 03:41	AllAfrica.com	Nigeria: First Bank May Not Return Longe As MD Following the Supreme Court judgement that nullified the sack of the former First Bank Managing Director Dr. Bernard Ojeifo Longe, the management said yesterday that it has begun negotiation with Longe on monetary settlement based on the entitlements inherent in his employment contract with the bank....
2010-03-12 03:41	AllAfrica.com	Nigeria: Rescued Banks to Pay Back in Second Quater Sanusi Nigeria's asset management company (AMC) will purchase non-performing loans held by rescued banks in the second quarter of this year, enabling them to repay the capital injected, the Central Bank said yesterday....
2010-03-12 03:41	AllAfrica.com	Nigeria: Funds Stall Work On Kano - Maiduguri Road Dualisation The contractor handling the dualization project of the Potiskum -Damaturu Section of the Kano - Maiduguri road, which covers a length of 96.24kilometer and 14,000 kilometer dual carriageway by-pass has said that inadequate budgetary provision by the Federal Ministry of Finance, through the Federal Ministry of Works, Housing and Urban Development is delaying the completion of work as scheduled....
2010-03-12 03:41	AllAfrica.com	Nigeria: Don't Cancel Nitel Sale, CNPP Tells NCP The National Council on Privatisation (NCP) has been urged not to cancel the NITEL sale to the preferred bidder, New Generation Telecommunication Limited....


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