Friday, 20 July 2018

Category: Markets

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Zambia kwacha extends gains in the financial market

Zambia kwacha extends gains in the financial market

The Zambia kwacha extended its gains to more than 2.5 percent against dollar to a seven-week high boosted by tight liquidity and as companies sold dollars to pay salaries and taxe ...

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Investment fund company to invest millions in Africa

Investment fund company to invest millions in Africa

Vantage Mezzanine Fund III has invested R200 million (US$13.7 million) in a black industrialist business New GX, a leading 100% black-owned investment holding company in South Afr ...

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South Africa and India strengthen bilateral trade ties

South Africa and India strengthen bilateral trade ties

Bilateral trade relations between South Africa and India were strengthened on Friday when the two countries signed around six Memoranda of Understanding to strengthen bilateral tr ...

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SA companies must explore port opportunities in Tanzania

SA companies must explore port opportunities in Tanzania

South African companies should explore opportunities in Tanzania’s roads, rail and port infrastructure development projects, says South Africa’s High Commissioner to Tanzania, Tha ...

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MTN to pay R1 billion for Nigerian spectrum

MTN to pay R1 billion for Nigerian spectrum

MTN Group agreed to pay almost 19 billion naira ($67 million) for spectrum in Nigeria, enabling Africa’s largest wireless operator to deliver high-speed internet services in its b ...

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Standard Bank charged in Angola

Standard Bank charged in Angola

Standard Bank's Angolan unit was fined $800 by the central bank for foreign exchange violations but the South African lender said on Wednesday it had not breached any rules. Angol ...

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Special Report: The Impact of Brexit on Africa

Special Report: The Impact of Brexit on Africa

Following the UK’s surprise vote to leave the EU, EXX Africa assesses the probable impact such a departure would have on African trade, investment, and security policy. In this sp ...

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Rand recovers after two days of instability

Rand recovers after two days of instability

South Africa's rand recovered its footing against the dollar on Tuesday after two days of volatile trading spurred by Britain's decision to leave the European Union. The stock mar ...

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African exporters face choppy waters in the wake of Brexit

African exporters face choppy waters in the wake of Brexit

One would certainly be forgiven if, like us, you found yourself doing a double take at the news that Britain’s public voted in favour of leaving the EU. This is because shortly be ...

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Major boost for Zanzibar aquaculture industry

Major boost for Zanzibar aquaculture industry

The Government of Zanzibar in partnership with the Korean International Cooperation Agency (KOICA) and the Food and Agriculture Organisation of the United Nations (FAO) have launc ...

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