Zambia Sugar’s sweet Irish tax deal // Deal Doux Impôt Irlandais De Zambia Sugar
Zambia Sugar’s sweet Irish tax deal A Zambian food company pays almost no tax in poverty-stricken Africa, opting instead to route its profits through Dublin....
Category : Commerce
SG Ghana Launches Bancassurance Products // SG Ghana Lance Des Produits De Bancassurance
Ghanaians are being offered yet another innovative and convenient banking service through Societe Generale Ghana’s new insurance partnership with Allianz Insurance Company Limited, to provide...
Egypt Doesn’t Impose Any Tariffs On its Exports – Minister // Egypte N’imposer Tout Droits De Douane Sur Ses Exportations – Ministre
There are neither taxes nor tariffs on any commodities exported by Egypt to other countries, the Egyptian Finance Ministry affirmed in a statement on Wednesday....
East Africa Entrepreneurs Finalists In Sustainable Living Awards // Afrique Orientale Entrepreneurs Finalistes Au Prix De Vie Durable
By Christine Muchira/Release Two East Africans are among the top seven finalists in last year’s young entrepreneurs...
African Development Bank and MasterCard Broaden Financial Inclusion in Africa // Banque Africaine De Développement Et MasterCard Elargissent L’Inclusion Financière En Afrique
The African Development Bank (AfDB) and MasterCard announced a broad collaboration that aims to expand financial inclusion across the African continent. The collaboration seeks to...
Yinson Consortium Bags RM9.16b Contract Off Ghana // Contrat De RM9.16b Sacs Yinson Consortium Au Large Du Ghana
BY: JOSEPH CHIN Yinson Holdings Bhd’s consortium has secured a US$2.54bil (RM9.16bil) contract to provide a floating production, storage and offloading (FPSO) unit to eni...
Foreign Shops Twice As Likely To Hire Locals – Study // Étudier Des Magasins Etrangers Deux Fois Plus Susceptibles D’embaucher Des Gens Du Pays
Penwell Dlamini Jean Bovyat, who is French, took part in a march organised by the African Diaspora Forum and the police in Yeoville, Johannesburg, yesterday...
Foreign Business Owners Continue to Flee Soweto // Les Entrepreneurs Etrangers Continuent à Fuir De Soweto
Several foreign-owned shops in Soweto were abandoned on Saturday following a week of violence and looting. Packets littered the streets, ransacked shops were empty,...
Nestle Plans To Invest $138 Million In Egypt In Next Few Years // Nestlé Prévoit D’Investir $ 138 Millions En Égypte Dans Les Années A Venir
Swiss food giant Nestle plans to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few years and believes economic...
Central banks watch: ECB, BoC, BoJ, Brazil, Turkey And Nigeria to Set Rates, BoE to Release Minutes // Regardez Les Banques Centrales : BCE, BoC, BoJ, Brésil, Turquie et Le Nigéria Pour Fixer Les Tarifs, BoE Pour Libérer Les Minutes
By Boby Michael All eyes on Draghi with the ECB widely expected to expand its bond buying program in the upcoming policy review.(Reuters) The European...
Torrential Rain In Mozambique Interrupts Coal Exports // Des Pluies Torrentielles Au Mozambique Interrompt Les Exportations De Charbon
Torrential rains in Mozambique, falling non-stop since December, continue to cause extensive damage to the country and its economy. The national rail company reports that...
Nigerian invests $100 Million in Young Africans
Jennifer Ehidiamen In an effort to address Africa’s growing unemployment, Nigerian philanthropist Tony Elumelu is spending $100 million of his own money to kick-star...
Nigeria May Miss Cocoa Output Target As Disease Takes Toll // Nigéria Peut Miss Cacao Sortie Cible Comme Maladie Prend Sans Frais
By Tolani Awere Nigeria may miss its cocoa output target of 500,000 metric tons in the 2014-15 season after an outbreak of fungal blackpod disease...
Sino-African Ties Look Bright As Trade Heads Toward $200b // Liens Sino-Africain Regarder Bright Comme Commerce Se Dirige Vers 200 b $
Chinese relations with Africa are set to grow next year, with both sides considering upgradinga ministerial-level forum to a leadership summit, a senior Foreign Ministry...
E-commerce Makes To Boost Nigeria Economy // Commerce Electronique Fait Stimuler L’économie Du Nigeria
Culture of innovation The ‘Flying Donkey Challenge’ is a prime example of Nigerian innovators developing a radical solution to a complicated problem, with the focus...
Maize Farmers Demand Prompt Payment For Delivered Produce //
By Titus Too Farm workers shell maize in Cheptiret, Uasin Gishu County, recently. Farmers in the country are uncertain of the future due to delayed...
Luanda : World’s Most Expensive City For Expatriate // Luanda : Ville La Plus Chère Du Monde Pour Les Expatriés
Photographer: Simon Dawson/Bloomberg , A resident sits and looks across the bay towards the city center skyline in Luanda. Luanda was ranked the world’s...
Bank of Uganda Sells Dollars To Boost Shilling Ahead of Christmas // Banque De L’Ouganda Vend Dollars Pour Poussée Shilling Avant La Noël
Uganda’s Central Bank sold dollars yesterday to relieve pressure on the shilling created by demand for the US currency, although traders said the outlook was...
Nigerian Oil Workers Go On Strike Nationwide Today // Travailleurs Du Secteur Pétrolier Nigérian se Mettre En Grève à L’échelle Nationale Aujourd’hui
Fuel was sold on the black market during a previous strike Nigeria’s two main oil workers’ unions have begun a nationwide strike, threatening to hurt...
Wal-Mart’s South Africa Growth Slowed By Mall Food Fight // Sud-Africaine Croissance Wal-Mart Ralentie Par Une Bataille De Nourriture Mall
As South African supermarket chains seek to defend their business from the encroaching heft of Wal-Mart Stores Inc. (WMT), the U.S. retailer is getting mired...