EA DrumIt
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/1/
Rwanda has amended its intellectual property laws in the hope that it will facilitate more, secure direct, foreign investment.
Source: allAfrica.com
/2/
Excellent analysis of the reasons why the ruling ANC's Youth League wants government to nationalize the country's mines.
Source: The Daily Maverick
drummed
by Estelle
in Drum Business
(South Africa)
2 hours 54 minutes ago
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0 comments drum comment share
/3/
The Heritage shareholders had received their cut and had swiftly pulled out of Uganda.
Source: Daily Monitor
+1 by Yvette
/4/
Sudan plans to more than double its gold output in two years partly to help make up for a possible fall in oil revenues if its crude-producing south chooses to secede in a looming referendum.
Source: Reuters Africa
+1 by Yvette
/5/
A major South African union said on Tuesday it would delay expanding strikes at a Rio Tinto-BHP Billiton titanium joint venture and at Exxaro to enable the companies to raise pay offers.
Source: Reuters Africa
+1 by Yvette,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737,
+1 by michelle
/6/
A look at some African governments handing over fertile land at bargain prices to foreign investors
Source: Mail and Guardian
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/7/
Many African states have suffered setbacks in their attempts to exploit their resource endowments from oil to diamonds. This is what has been termed as "Africa's resource curse"!
Source: Daily Monitor
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/8/
Egypt plans to start an international bidding process for its first nuclear power plant in December, after choosing the Dabaa site on the Mediterranean coast.
Source: Reuters Africa
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/9/
Suntech Power Holdings Co Ltd, China's largest maker of solar panels, said on Thursday that it has signed a deal to develop solar plants in South Africa with up to 100 megawatts in capacity as the country looks to boost clean energy output.
Source: Reuters Africa
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/10/
In few years, the volume of Rwanda tea sold at the Mombasa auction market will reduce drastically.
Source: East African Business Week
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/11/
THE Namibian Government should invest more in local SMEs instead of awarding tenders to the Chinese who are strong because their government throws all its weight behind them.
Source: The Namibian
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/12/
Nigeria's central bank said on Wednesday it was ready to release 300 billion naira from a fund set aside to stimulate credit to the domestic power sector and the troubled airline industry.
Source: Reuters Africa
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/13/
The world's largest diamond producer Botswana should cut its public sector by at least 25 percent to make up for potentially diminishing funds it will receive from the gems
Source: Reuters Africa
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/14/
South Africa plans to revise its exchange controls for companies and will delay tightening rules that govern cross-border interest taxation until 2013
Source: Reuters Africa
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/15/
Rwanda becomes the first country in Sub-Sahara Africa to win a coveted World Bank Award for their business reform strategy.
Source: http://www.allafrica.com
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/16/
Sudan is planning to build a nuclear reactor for electricity generation. The plant will be completed by 2020 and is intended to supply large parts of the country that remains without electricity with power. The plant will be build with the co-operation of the International Atomic Energy Agency even though slight concern remains over Sudan's close ties with Iran.
Source: Reuters
+1 by Yvette,
+1 by michelle,
+1 by Tony,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/17/
American oil company Anadarko has discovered offshore oil deposits in northern Mozambique.
Source: AFP
+1 by Yvette,
+1 by michelle,
+1 by yvetteol,
+1 by Tony,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/18/
Increasing strains on a century-old, five-nation southern African customs union is raising questions as to whether the sovereignty of its poorest members - Lesotho and Swaziland - is sustainable.
Source: IRIN
+1 by Yvette,
+1 by michelle,
+1 by yvetteol,
+1 by Tony,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/19/
A devastating drought in Russia, which is the world’s fourth largest exporter of wheat after the US, the European Union and Canada, could change the fortunes of the Kenyan wheat farmer for the better.
Source: Daily Nation
+1 by Yvette,
+1 by michelle,
+1 by yvetteol,
+1 by Tony,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
/20/
Property investors in Nairobi and other cities are blowing large bubbles but the burst won’t be long.
Source: The East African
+1 by Tony,
+1 by Yvette,
+1 by michelle,
+1 by yvetteol,
+1 by csjnxukbuc,
+1 by meidcsjnxu,
+1 by FB:541332737
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