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Governing body of UNCTAD addresses tackling inequality through trade and development

Governing body of UNCTAD addresses tackling inequality through trade and development

17 Sep 2014
UNCTAD Secretary-General Mukhisa Kituyi, speaking on the opening afternoon of the sixty-first session of the UNCTAD Trade and Development Board on 15 September said: “Today there...
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Differences in EAC states’ customs systems impede progress

Differences in EAC states’ customs systems impede progress

17 Sep 2014
Two months since implementation, differences in custom systems across East African Community (EAC) partner states are reported to be undermining the region’s single window system...
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Uganda to invest $20b into oil

Uganda to invest $20b into oil

17 Sep 2014
Oil industry top officials believe that Uganda must look for between $15 billion to $20 billion if it wants to become an oil producing country. Jimmy Mugerwa the Tullow Uganda Cou...
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Canada-Africa 2014 Business Summit opens in Toronto

Canada-Africa 2014 Business Summit opens in Toronto

17 Sep 2014
The first ever Canada-Africa Business Summit opened on Monday (September 15) in Toronto, Ontario. The meeting focused on ways to explore Africa’s investment and business opportu...
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Sambo: Ship turnaround time in Nigeria ports has improved

Sambo: Ship turnaround time in Nigeria ports has improved

17 Sep 2014
Vice President Namadi Sambo has said the turnaround time of ships in Nigerian ports has improved tremendously. According to Sambo, ships now spent less time at the nation’s port...
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Nigeria targets $80b trade volume with Asia by 2016

Nigeria targets $80b trade volume with Asia by 2016

16 Sep 2014
The Federal Government has concluded plans to raise the volume of trade between the country and 14 Asian countries from the current $40 billion (N6.62 trillion) to $80 billion (N13...
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CEOs in Africa are optimistic about growth despite setbacks, study says

CEOs in Africa are optimistic about growth despite setbacks, study says

16 Sep 2014
Chief executive officers in Africa are optimistic about growth despite challenges in the continent, a PriceWaterhouse-Coopers study says. The audit firm’s 17th Global CEO Surv...
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UN members weigh post-2015 development agenda progress

UN members weigh post-2015 development agenda progress

16 Sep 2014
UN Secretary-General Ban Ki-moon last Thursday urged UN members to make a final push to achieve the eight Millennium Development Goals (MDGs) and to simultaneously work towards bui...
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Kenya told to review bilateral trade agreements

Kenya told to review bilateral trade agreements

16 Sep 2014
Former Trade Minister Dr Mukhisa Kituyi has urged the government to consider renegotiating decades-old bilateral agreements, arguing that they favour foreign investors at the expen...
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Burundi rolls out new cargo tracking system

Burundi rolls out new cargo tracking system

16 Sep 2014
Burundi has started trials for electronic tracking of cargo on transit in a bid to prevent dumping of goods for which no taxes have been paid into the local market. Burundi Revenu...
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SEC links $140bn illicit financial flows to lack of integrity

SEC links $140bn illicit financial flows to lack of integrity

16 Sep 2014
The $140 billion lost by Nigeria to illicit financial flows has been linked to lack of integrity and transparency among business organisations and government institutions. Nigeria...
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Dar gets Sh50b funding to compete with Mombasa port

Dar gets Sh50b funding to compete with Mombasa port

16 Sep 2014
Tanzania signed a $565 million deal on Friday with the World Bank and other development partners to expand its main port of Dar es Salaam, part of plans to boost its role as a regi...
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Mozambique close to implementing customs exemption as part of SADC

Mozambique close to implementing customs exemption as part of SADC

15 Sep 2014
Mozambique is expected in 2015 to conclude its implementation of customs tariff exemptions as part of the process to build a free trade zone in the Southern African Development Com...
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Productive jobs necessary for Tanzania’s fast-growing workforce

Productive jobs necessary for Tanzania’s fast-growing workforce

15 Sep 2014
With more than 800,000 job seekers entering Tanzania’s labor market each year, the country must transform itself from a labor force of unproductive jobs to one of more productive...
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‘Tight conditions hinder EA labour move’

‘Tight conditions hinder EA labour move’

15 Sep 2014
Allowing only highly skilled workers, exorbitant work permit fees and the tedious process of documentation are part of the restrictive conditions stifling free movement of labo...
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Zimbabwe tightens taxation to prop up failing economy

Zimbabwe tightens taxation to prop up failing economy

15 Sep 2014
Zimbabwean Finance Minister Patrick Chinamasa on Thursday unveiled new individual and commercial tax measures as the government increasingly turns to taxation to prop up falling re...
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WTO members return to Geneva, hoping to bridge TFA gap

WTO members return to Geneva, hoping to bridge TFA gap

15 Sep 2014
A flurry of meetings is scheduled for the coming weeks as WTO members – having now returned to Geneva following their annual August break – try to pick up the pieces after miss...
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Government of Mozambique revises natural gas reserves of the Rovuma Basin upwards

Government of Mozambique revises natural gas reserves of the Rovuma Basin upwards

15 Sep 2014
The government of Mozambique has its projection for the amount of natural gas contained in the Rovuma Basin from 170 billion to 200 billion cubic feet, according to figures present...
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Tunisia is ready for its economic revolution

Tunisia is ready for its economic revolution

15 Sep 2014
Following the revolution, Tunisia revealed two extraordinary assets. The first was the capacity to reconcile between different political, social and religious beliefs to reach a po...
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EAC boss decries non-tariff barriers within Community

EAC boss decries non-tariff barriers within Community

15 Sep 2014
There is still slow progress in the removal of Non-Tariff Barriers in the East African Community (EAC) despite efforts in implementing commitments made in the customs union and com...
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