Trade - Page 6
Ghana – Nigeria investment collaboration could result in region’s economic boom
West African neighbours Ghana and Nigeria are to hold a business summit in October to facilitate bilateral trade relations between them.
The private sector initiative...
Ban on all ivory products in Namibia
The Namibian government has banned domestic trade and export of ivory products, known as omakipas, saying that trade in ivory products, which had all...
Arable Land, the new gold rush
Saudi Arabia has no permanent rivers or lakes. Rainfall is low and unreliable. Cereals can be cultivated only through expensive projects that deplete underground...
ECOWAS meeting tackles single market investment attractiveness
A meeting organised by the Economic Community of West African States (ECOWAS) opened in Accra on Monday to discuss new rules and regulations to...
Opposition takes gov’t to court for telecom deal
A group of Ghanaians is taking legal action against the government to halt the intended sale of state-owned Ghana Telecom to telecoms giant Vodafone...
Africa : Soon to be the next China ?
Investor appetite for emerging markets is dwindling as worries about rising inflation and falling equity markets grow, particularly in China and India. But frontier...
Ministers agree to remove trade barriers within Africa
African trade ministers have resolved to remove barriers to regional trade and work towards the immediate improvement of the regional transport and telecommunication infrastructure...
China and India score high mark in African investments
China, India, and a few Middle Eastern Gulf nations are financing a record number of projects across Sub-Saharan Africa, says a new World Bank...
Dutch company to make beer more affordable to Kenyans despite tax hikes
Dutch brewer Heineken has re-entered the Kenyan beer market, wielding what it called a 'green-label' specifically designed to appeal to environmentally-minded drinkers.
Heineken, a brand...
Obama – McCain : Obama scores points on free trade and globalisation
A Barack Obama administration would mark a “break” from the US trade policies of the last few years and push for agreements that would...
Marrakech road-map adopted by African and South American states
African and Latin American trade ministers adopted the Marrakech road map which aims at the consolidation of a strategic South-South trade, during a meeting...
Chevron Oil hit after president’s declaration of war on attackers
Militants have blown up a Chevron oil pipeline at Escravos in Nigeria's oil producing Niger Delta region, forcing the company to shut down production...
New breed of tobacco farmers come to terms with reality
ZIMBABWE'S new breed of farmers created by Robert Mugabe's chaotic
and violent seizures of farmers from whites are a bitter lot. Those who ventured into...
Nigeria Stock Exchange lists OMATEK computer assembly plant
Nigeria's first computer assembly plant, Omatek Nigeria Limited, has joined the league of quoted companies at the Nigerian Stock Exchange (NSE), with its listing...
Morocco and US free trade deal rakes in US$2.3 billion
Trade between Morocco and US hit US$2.3 billion in 2007 from US$1.4 billions in 2006, a local newspaper the Economist reported on Wednesday.
The increase...
Egypt turns away radioactive Israeli cargo
Egyptian security forces have sent back to Israel 32 tonnes of tiles brought into the North African nation on a truck, security officials confirmed,...
Nigeria bourse introduces e-dividend payment to settle shareholders
The Securities and Exchange Commission (SEC), the apex regulatory body of the Nigerian capital market, Monday introduced electronic-dividend payment system, which will enable share-holders...
Market downturn as shares trade in 16,044 deals
Investors at the Nigerian Stock Exchange (NSE) Monday staked a total of 8.1 billion naira on 784.8 million shares traded in 16,044 deals ,...
Uganda says no to crude oil export
Uganda, the world's newest oil frontier, has no plans to export crude oil until the black gold is refined and sold as a finished...
Free Trade Arrangement reached by SADC countries
The Southern African Development Community (Sadc) countries have agreed to allow over 80 percent of goods to be exported to fellow member states...
South Africans find new ways of drastically beating high fuel prices
Burdened by record high petrol prices cheeky motorists in South Africa have devised strategies of beating the high prices. Just fill up and speed...
Foreign literature classed in luxury goods category
Zimbabwe has imposed an import duty on the foreign press following concerns by Robert Mugabe’s government over "hostile foreign newspapers coming into Zimbabwe," state...
Ghana : Russia invests $1bn in oil exploration
One of Russia's leading oil companies, LukOil Overseas Holding Limited, announced on Tuesday a US$100 million investment to support Ghana's efforts to improve on...
First day of month results at the Nigerian bourse
Investors at the Nigerian Stock Exchange (NSE) on the first day of trading for the month of June, Monday placed 7.149 billion naira on...
Africa’s economic growth continues upward trend
Africa's economic growth, estimated at 5.7 percent in 2007, is expected to continue at a slightly higher level of about 5.9 % over the...
Nigeria bourse closes lower for ‘Democracy Day’ holiday
For the second day running, investors at the floor of the Nigerian Stock Exchange (NSE) stuck to insurance stocks as they placed 3.06 billion...
Obama and McCain at loggerheads on big issues
Two weeks ago I expressed the naive hope that a US presidential contest between John McCain and Barack Obama might be a cut above...
Ghana records increasing mineral revenue amid profit fears
Ghana saw a 17 per cent rise in mineral revenue in the first quarter of this year as it earned US$577.9 million, compared with...
Nigeria President orders Shell and Exxon Mobil to pay debts
Nigerian President Umaru Musa Yar'Adua has ordered the Nigerian National Petroleum Corporation (NNPC) to take immediate steps to recover outstanding payments of US$ 1.91...
Egyptian Billonnaire to sell Italian stock sale under investigation in the US
Egyptian billionaire Naguib Sawiris said at the World Economic Forum in Sharm El Sheikh that he is currently looking at three American companies to...