TABJ – Most financial analysts believe East Africa’s currencies will hold steady over the near term but Nigeria’s naira is expected to continue its decline against the dollar next week amid growing demand for hard currency by offshore investors selling Nigerian debt. …

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TABJ – Despite the extravagent expenses involved, cosmetic surgeries have become far more prevalent with people in South Africa. That alone is surprising, but even more astounding is that a large percentage is with younger people. Southern Africa has seen a …

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TABJ – Just what people don’t want to hear in South Africa: All grades of petrol are increasing by an average of 39 cents a litre according to the country’s Department of Energy. A litre of 95 ULP will cost R13.96 a …

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TABJ – Reports indicate that Tanzania’s energy infrastructure will require a new investment of almost $3 billion annually for the period of 10 years to meet its power supply demand. The figure was revealed during the Powering Africa Tanzania symposium, a gathering …

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TABJ – Today was the reading of former South African President Nelson Mandela’s will, and it was revealed that he left his $4 million estate to family members, the ruling African National Congress, former staff and several local schools. Mandela’s third wife, …

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TABJ – Rwanda’s Small and Medium-sized private sector companies got a big boost in the arm when it was announced the European Investment Bank plans to invest 8 million euros in its support. This will be the second small business lending programme …

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TABJ – There has been no shortage of media coverage about South African policymakers watching in dismay as the rand continued its downward slide against the dollar for the past year. The results of that falloff has brought inflation and higher interest rates, but the …

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TABJ – The Nigerian Stock Exchange has unveiled plans to create a Corporate Governance Rating System for listed companies. The corporate integrity for listed companies is in partnership with the Convention on Business Integrity in hopes that the system will boost investor …

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TABJ – South Africa’s AMCU union has flatly rejected a 9 per cent wage offer from platinum producers Anglo American Platinum and Lonmin. A large group of miners assembled near Lonmin’s Marikana mine reacted with loud, angry boos and jeers when told …

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TABJ – White collar crime in South Africa is still on the rise according to law officials who say there won’t be a turnaround until more stringent prosecuting frameworks are set up.  In other words, it’s easy to commit the crime and often not get …

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