Anglogold to keep stake in Morila
16th May 2008
AngloGold Ashanti, the world`s third largest gold producer, will keep a 40 percent stake in Mali`s Morila mine after offers fell short of its own valuation. (read more) |
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BHP Billiton sells colliery to BEE consortium
16th May 2008
Global resources giant BHP Billiton has reached agreement to sell its multi-product coal mine Optimum Colliery to BEE group Optimum Coal Holdings (OCH). (read more) |
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Parliament approves Akech for ambassador
15th May 2008
Members of the parliamentary committee on appointments yesterday approved the controversial nomination of the former minister for Security Betty Akech as an ambassador. (read more) |
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Safaricom seen fetching good prices after listing
15th May 2008
Demand for Safaricom shares are expected to remain high after it is listed, influenced by a subscription level of about 400 per cent. (read more) |
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UBA launches micro-finance bank
15th May 2008
United Bank for Africa Plc has launched a new subsidiary, the UBA Micro-finance Bank Limited (UBA MFB), to address the financial needs of the un-banked and under-banked sector of the society. (read more) |
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Emergency cabinet session on economy
14th May 2008
Ghana`s President has called for an emergency Cabinet meeting today. The single-agenda session is to discuss the economy.
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More inflation on way, warns Reserve Bank
14th May 2008
Interest rate increases of 4.5 percentage points are dampening consumer spending but inflation is still rising, according to the Reserve Bank monetary policy review, released yesterday.
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Libya`s central bank launches repurchase agreement
14th May 2008
Libya`s Central Bank on Tuesday launched repurchase agreements for the first time as part of reforming the country`s banking system, a bank official said.
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Mbeki must go now, says DA
13th May 2008
The DA yesterday added its voice to calls for President Thabo Mbeki to step down. `The ANC and its allies might be undecided on whether Mbeki should step down, but for the DA the correct course of action is obvious.` (read more) |
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Group Five named major contractor in Gauteng freeway improvement project
13th May 2008
JSE-listed construction company Group Five announced it has been awarded two contracts with a combined value of R3,5-billion, as part of the South African National Road Agency Limited`s R11,5-billion, Gauteng Freeway Improvement Project (read more) |
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| Rio Tinto Alcan ready to engage with ANC to seek Coega smelter solution
13th May 2008 |
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| Africa investor consult investment community on the creation of an African Fiduciary Rating Agency
12th May 2008 |
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| ExxonMobil yet to start oil export
12th May 2008 |
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| Uganda May Sell First International Bond for $1 Bln Projects
12th May 2008 |
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| World Bank to help Mozambique win tourism investment
9th May 2008 |
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| AccessKenya in buy-outs plan
9th May 2008 |
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| Gold Fields points the finger at power outages
9th May 2008 |
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