Monday, 18 June 2018

Category: Markets

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Old Mutual Zim reports solid results

Old Mutual Zim reports solid results

Decent performance by its life business as well as the banking unit saw Old Mutual Zimbabwe report a strong set of results for the year to end-December 2015. Speaking at an analys ...

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Nigerian legislature finally passes 2016 budget

Nigerian legislature finally passes 2016 budget

Nigeria’s parliament finally approved President Muhammadu Buhari’s 2016 budget on Wednesday, paving the way for massive spending designed to boost growth in the country grappling ...

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Strong data growth in Uganda for MTN

Strong data growth in Uganda for MTN

MTN Uganda, the country's biggest telecoms firm, sees strong data sales helping 2016 revenue rise from seven to 10 percent, and expects to seek a syndicated loan soon, its chief e ...

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Statoil and BP to withdraw from Algeria

Statoil and BP to withdraw from Algeria

Norway’s Statoil and BP will withdraw staff from two gas plants in Algeria after an attack by militants on one of the sites in the North African country, the companies said on Mon ...

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China to live up to $60bn African investment

China to live up to $60bn African investment

China’s economic slowdown will not affect its promise to invest US$60 billion into development projects in African, said Beijing’s ambassador to Ethiopia. Li Yifan said Africa sta ...

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Fastjet adds Nairobi flights

Fastjet adds Nairobi flights

British budget airline Fastjet PLC has increased the frequency of its flights between Nairobi and Dar es Salaam, even as it flies through management and financial storms. The airl ...

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Potential amalgamation between 2 top SA medical schemes

Potential amalgamation between 2 top SA medical schemes

Two of South Africa’s most prominent medical schemes, Bonitas Medical Fund and Liberty Medical Scheme (LMS), are in discussions to amalgamate to create an even stronger and more s ...

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Senegal economic growth climbs to 6.5%, first time in ten years

Senegal economic growth climbs to 6.5%, first time in ten years

Senegal’s economic growth rose to 6.5 percent in 2015 for the first time in more than a decade, the International Monetary Fund (IMF) has said, buoyed by the agriculture sector an ...

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Gender: The black sheep in the transformation debate

Gender: The black sheep in the transformation debate

Days before International Women’s Day last week, Germany passed a law obligating some of Europe’s biggest companies to have women occupying 30% of their top jobs by next year. In ...

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Dangote group to build $9 billion oil refinery complex

Dangote group to build $9 billion oil refinery complex

Dangote Group, the company owned by Africa's richest man Aliko Dangote, said on Monday it planned to buy phosphate from Morocco and potash from Congo-Brazzaville to feed a planned ...

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