Monday, 21 May 2018

Category: Markets

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Isuzu Motors officially launches Isuzu East Africa

Isuzu Motors officially launches Isuzu East Africa

Leading multinational automaker Isuzu Motors Limited, Japan has officially launched Isuzu East Africa (Isuzu EA) in Kenya. This follows the buyout of General Motor’s 57.7% majorit ...

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Reserve Bank of Zimbabwe increases gold facility to $150 million 

Reserve Bank of Zimbabwe increases gold facility to $150 million 

Buoyed by sterling performance of the gold sector last year, the Reserve Bank of Zimbabwe (RBZ) has increased the gold support facility to $150 million from $74 million that had b ...

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De Beers targets Zimbabwe and DRC after gaining SA permits

De Beers targets Zimbabwe and DRC after gaining SA permits

De Beers may follow its resumption of exploration for diamonds in South Africa’s Northern Cape by looking in the longer term at opportunities in countries like Zimbabwe and the De ...

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Goodwell Investments raises $24 million for African investment

Goodwell Investments raises $24 million for African investment

On Wednesday 7 February 2018, Impact investing firm Goodwell Investments announced that it has raised US $24.8 million. The firm raised the money from over 30 investors and will b ...

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Zambia to increase copper output

Zambia to increase copper output

Zambia expects to increase its annual copper output to 1.5million tonnes, boosted mainly by improved electricity supply, mines minister Christopher Yaluma said yesterday. “The out ...

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FNB named Africa’s leading bank

FNB named Africa’s leading bank

On 6 February 2018, First National Bank (FNB) announced that the bank was named Africa’s leading bank in The Banker’s, Top 500 Banking Brands Report 2018. Ranked 141st in the glob ...

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Africa Energy Forum to be hosted in Mauritius for 20th anniversary celebrations

Africa Energy Forum to be hosted in Mauritius for 20th anniversary celebrations

The annual Africa Energy Forum will celebrate its 20th birthday by inviting the international energy community to Mauritius for the four day conference and private exhibition. Two ...

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Inflation drops to 3.0% in Uganda

Inflation drops to 3.0% in Uganda

Uganda’s Annual Headline Inflation has dropped to 3.0% compared to 3.3% registered in December the new Inflation report from the Uganda Bureau of statistics has revealed. The decl ...

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Investment guidelines and opportunities in Zimbabwe, WEF pledges

Investment guidelines and opportunities in Zimbabwe, WEF pledges

Zimbabwe is moving towards a new economic order, as we always see, the new president is giving promises and guarantees all the time. We hope to see a great country back on its fee ...

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Transnet to capitalise NRZ with R4.83 billion

Transnet to capitalise NRZ with R4.83 billion

Zimbabwe is looking to Transnet’s $400 million (R4.83billion) capitalisation of the National Railways of Zimbabwe (NRZ) to bring capacity into the parastatal which has failed to m ...

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