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| Finance & Investments (Africa) |
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One of the most unpredictable factors in international transactions in the past few years has been the strength of the US dollar.  |  |


The Managing Director/ Chief Executive Officer of UBA Ghana, Mr. Gabriel Edgal has decried the use of foreign currency in facilitating trade across four sister countries in the West African sub-region.  |
During the month of September, there has been a further decline in international reserves due to the appreciation of the Namibia dollar against major currencies and various Government foreign payments.  |  |
At the peak of the crude oil price boom in 2007, this commodity sold for as high as $150/barrel on the international market and Nigeria fortuitously garnered her highest ever external reserves of over $60bn. This figure would have exceeded  |  |


Bureau d'changes operator in the category B want the Central Bank of Nigeria (CBN) to extend Foreign Exchange supply to all its members.  |  |
The Chairman of Heads of State and Government of West African Monetary Zone (WAMZ) and President of Gambia, Alhaji Yahaya Jammeh said postponement of achievement of single currency to 2015 will give member countries the opportunity to grow stronger to  |  |
RICHEMONT Securities and Remgro chairman Johann Rupert has warned of "massive unemployment" due to job losses in major industries with continued rand strength.  |  |
Unity Bank Plc is planning to raise between N50 billion and N70 billion in order to shore up its capital base as required by the Central Bank of Nigeria (CBN), its Managing Director Falalu Bello said in Abuja yesterday.  |  |
THE Private Investor portfolio's index was 84,35 at Tuesday's close of the market. Its paper loss since it was built in the period between August and December 2007 was just more than R16000. This is much less pain than the  |  |
Investment Opportunites : Construction & Materials Property Tourism & Leisure  |  |
South African farmers now have access to an estimated 10 million hectares of arable land in the Democratic Republic of Congo following the signing of a deal touted to be the largest land agreement in Africa.  |  |
The Nigerian National Petroleum Corporation says the deregulation of the downstream sector of the petroleum industry is aimed at encouraging investors to invest more funds into the sector.  |
Recent gains recorded at the Nigerian Stock Exchange which saw investors gaining N166 billion from their investments was halted yesterday.  |  |
Investment Opportunities : Manufacturing  |  |
THE Zimbabwe National Chamber of Commerce is set to commission a research into laws that relate to investment in the country as part of its drive to encourage foreign investment inflows into the country.  |  |
Beijing's Foreign Ministry officials are energetically distancing themselves from a US$7 billion minerals deal announced on 9 October by the increasingly isolated military regime in Guinea with the Hong-Kong based China International Fund. Without some fast diplomatic footwork, China could  |  |
FIRSTRAND Investment Holdings' wholly owned investment unit Ashburton's China India investment fund was beginning to attract interest from institutional investors for the first time since it was launched three years ago, Ashburton's investment manager, Jonathan Schiessl, said.  |  |
It will take Kenya at least six years to start crude oil production if a Chinese firm strikes commercial deposits in a well drilling exercise that starts next week.  |  |
South Africa-based mineral explorer, Goldstone Resources, has entered into a joint venture (JV) with Ghanaian company, Cherry Hill Mining, to develop the Homase prospecting licence, in the Bekwai district of Ghana.  |
The National Planning Commission (NPC), in collaboration with the ministries of Agriculture and Trade, Industry and Employment, on Thursday, 15 October, gather resident donor partners and key sectors who are actively involved in agriculture on a sensitization meeting on the  |  |
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