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AGOA: Observations on Competitiveness and Diversification of U.S. Imports from Beneficiary Countries

AGOA: Observations on Competitiveness and Diversification of U.S. Imports from Beneficiary Countries

13 Aug 2014
What GAO Found U.S. imports from African Growth and Opportunity Act (AGOA) countries have increased since 2001, but AGOA countries’ share of overall U.S. imports remained small ...
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Trade with African economies and investment in Africa offer big rewards

Trade with African economies and investment in Africa offer big rewards

13 Aug 2014
In his famous piece ‘How to write about Africa’, the Kenyan author Binyavanga Wainaina satirically advised pundits to ‘treat Africa as if it were one country… 900 million p...
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Mines pay over Sh300billion in royalty

Mines pay over Sh300billion in royalty

13 Aug 2014
The government last year collected Sh310.66 billion as royalty and taxes from large scale mines, according to the Tanzania Minerals Audit Agency (TMAA) annual audit Report. TMAA D...
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US-Africa summit was positive – Minister Davies

US-Africa summit was positive – Minister Davies

13 Aug 2014
South Africa and Africa in general benefitted immensely from the recent US-Africa Leaders’ Summit held in Washington last week, Trade and Industry Minister Rob Davies said on Tue...
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Morocco to host the 9th Africa Development Forum

Morocco to host the 9th Africa Development Forum

13 Aug 2014
Forum to focus on innovative financing for Africa’s transformation The Ninth African Development Forum will be held in Marrakech, Morocco, from 12 to 16 October 2014 on the...
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Trans-Kalahari railway on track

Trans-Kalahari railway on track

13 Aug 2014
The tendering for the feasibility study for the construction of the multi-billion dollar railway line connecting Botswana’s Mmamabula coal field to the port of Walvis Bay is expe...
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Nigeria’s foreign trade increases to N5.51tn in first quarter

Nigeria’s foreign trade increases to N5.51tn in first quarter

13 Aug 2014
Imports down by 6.2%, India remains major trade partner Nigeria’s total merchandise trade increased by 6.8 per cent to about N5.51 trillion in the first quarter of the year (Q1 ...
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New Zimbabwean permits announced

New Zimbabwean permits announced

13 Aug 2014
Home Affairs Minister Malusi Gigaba has announced the details of the new Zimbabwean Special Dispensation Permit (ZSP). Outlining the particulars of the ZSP at a media briefing in ...
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Finally, light at end of the tunnel for 5,000mw dream thanks to US deal

Finally, light at end of the tunnel for 5,000mw dream thanks to US deal

12 Aug 2014
While the agenda at the recently concluded US-Africa Summit included such things as governance and education, the underlying motivation was business with Africa. But the first n...
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Mozambique: Assembly passes Petroleum Bill

Mozambique: Assembly passes Petroleum Bill

12 Aug 2014
The Mozambican parliament, the Assembly of the Republic, on Monday passed the first reading of a bill amending the country’s law on petroleum and gas, intended, according to the ...
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African states must conclude double taxation pacts to attract investors

African states must conclude double taxation pacts to attract investors

12 Aug 2014
With the increasing Africa-wide trade efforts fronted by various governments, it is imperative that these governments offer supportive trade platforms for their nationals and inv...
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Liberalisation of air transport can bolster countries’ GDP by $1.3b, says IATA

Liberalisation of air transport can bolster countries’ GDP by $1.3b, says IATA

12 Aug 2014
The International Air Transport Association (IATA) has disclosed that Nigeria and 11 other nations in Africa may earn at least $1.3billion as Gross Domestic Product (GDP) annually ...
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Harare plans could dent SA exports

Harare plans could dent SA exports

12 Aug 2014
Plans by Zimbabwe to drive a policy promoting vehicle assembly through the importation of knocked-down kits and the imposition of higher tariffs on imported vehicles will significa...
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Speaking Africa’s language

Speaking Africa’s language

12 Aug 2014
The US wants what we always wanted – two-way trade, investment, mutual respect and strategic collaboration, writes Kuseni Dlamini. The inaugural US-Africa Leaders Summit marked ...
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Kenyans move Sh1.1trn on mobile phones in 6 months

Kenyans move Sh1.1trn on mobile phones in 6 months

12 Aug 2014
Kenyan consumers used mobile money services to transfer more than Sh1 trillion in the first six months of the year, the latest industry statistics show. The new Central Bank of ...
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URA starts clearing global cargo through single customs system

URA starts clearing global cargo through single customs system

12 Aug 2014
The Uganda Revenue Authority (URA) will today (August 11) start a pilot project of clearing of bulk international cargo through the Single Customs Territory (SCT). The SCT i...
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NDP implementation framework unveiled

NDP implementation framework unveiled

11 Aug 2014
Minister in the Presidency for Planning, Monitoring and Evaluation Jeff Radebe on Thursday released the government’s comprehensive framework for implementing the National Develop...
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Employment levels declining despite increased investment

Employment levels declining despite increased investment

11 Aug 2014
Despite increased growth in actual investment experienced in the last quarter of the previous financial year 2013/14, there was decline in both employment levels and number of pl...
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No plans to stop trade with Israel: government

No plans to stop trade with Israel: government

11 Aug 2014
There are no plans to impose trade restrictions on Israel amid its conflict with Palestine, the trade and industry department said on Wednesday. “We have not yet made any assump...
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Waking up to the BRICS

Waking up to the BRICS

11 Aug 2014
BRICS members should democratise the New Development Bank’s functioning if new stakeholders are included in the future. If anything, the NDB must be a template for change, not ...
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