TABJ – The United States has overtaken Saudi Arabia and Russia to become the world’s biggest producer of oil as extraction of energy from shale rock strengthens the American economy. According to Bank of America, U.S. production of crude oil and liquids …

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TABJ – A long, bitter strike has forced General Motors to suspend all production at its main South African plant after effects of the walkout hit parts supplies. Violence has erupted on some picket lines as the wage strike by the National …

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TABJ – A group of investors, primarily from South African, are investing $200 million in the agriculture sector in Edo, Enugu and Benue states. The investors are seeking to acquire 5,000 hectares of farmland to provide over 2,500 direct and indirect jobs …

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TABJ – Kenya’s trade deficit has worsened even more during the first five months of 2014 due in large part to the value of imports growing quicker than that of export products. Data collated by the Kenya National Bureau of Statistics …

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TABJ – Former Goldman Sachs executive Anthony Noto has been named Chief Financial Officer at Twitter. Shares in the American social media company were up almost 5% following the management announcement. Twitter’s former CFO, Mike Gupta, is now senior vice president of strategic investments. …

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TABJ – JPMorgan Chase Chief Executive Officer Jamie Dimon has been diagnosed with throat cancer but says the ailment is curable and he plans to continue working. The 58-year-old Dimon says the cancer was caught at an early stage and is …

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TABJ – A number of anti-gas flaring activists have warned that apart from the environmental and human health implications, Ghana stands to lose millions of dollars as a result of gas flaring. This follows the Ghanaian government’s decision to allow Jubilee partners to flare gas …

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TABJ – Google is purchasing satellite company Skybox Imaging for $500 million in cash as the world’s No. 1 search engine looks to upgrade its international mapping services with the latest bells and whistles. Skybox has designed satellites to capture images …

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TABJ – Any hope of ending a crippling five-month strike by South Africa’s miners was dealt a massive blow today on word that talks between the government and leaders of the AMCU had been called off. Preliminary talks were dissolved without an outcome. …

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TABJ – Kenya has reason to rejoice on word The World Bank is willing to endorse a five-year prosperity strategy plan. A loan of 348 billion Kenyan shillings has been approved. The development strategy is aimed at helping Kenya to expand efforts …

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