Mar 12 – Kenya’s main share index surged 4 per cent to a new 4-1/2 year high as investors bought into stocks on the second session of trading after the presidential election wrapped up peacefully, it was announced on Tuesday.According to reports by Reuters, the …

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Mar 12 – Sub-Saharan Africa is expected to show a 5.8 per cent growth in 2013 with the domestic demand increasing. But businesses need to promote a more inclusive society in order to achieve this growth, said the African Development Bank (AfDB) today.”We are looking …

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Mar 12 – South African e-commerce and media firm Naspers Holdings announced today it will merge two of its Russian Internet sites with its Russian Internet rival Avito.ru in a US$570 million deal.Naspers has become a US$29 billion Internet powerhouse by buying businesses in quickly …

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Mar 5 – A new trade show has been announced on Thursday that will exclusively showcase African textile, apparel and footwear to African and international buyers.The event, called Source Africa, will take place from April 9 to 12 at the Cape Town International Convention Centre …

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Mar 4 – A World Bank report released today stated that by 2030, Africa’s agricultural sector could become a US$1 trillion industry if governments and the private sector radically reconsidered policies and support for farmers. According to the new report “Growing Africa: Unlocking the Potential …

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Mar 1 – International news broadcaster Al Jazeera has announced its coverage plan for the March 4 Kenyan elections, which will include three TV correspondents and one online reporter providing in-depth reporting and analysis from across the country before, during, and after polling day. Nazanine …

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Feb. 27 – South Africa has cut its economic growth forecast for this year primarily due to lower demand from most of its key export markets. The government is also anticipating a larger budget deficit than previously forecast because  revenue collection has been below expectations.In …

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Feb 20 – The Business Council for Africa (BCA), a membership organisation for companies with business interests in Sub-Saharan Africa, held an event on Thursday to discuss Ghana’s business climate following the elections in December, which highlighted the country’s dynamic growth rates and new opportunities …

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Feb. 13 – Gold Fields announced on Wednesday that chairwoman Dr Mamphela Ramphele announced her resignation from the board of directors, effective immediately. She cited her wish to focus on her socio-economic and political work as the reason for her resignation, and in fact she …

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Feb. 13 – A law that is due to be passed by the South African government will ban foreign nationals from owning land in the country, said Rural Development and Land Reform Minister Gugile Nkwinti said on Tuesday. The government has been active in auditing all …

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