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AFRICA Zim: Kimberley Process ignores its own adviceJOHANNESBURG: Zimbabwe's rough diamond trade has escaped a six-month suspension by the Kimberley Process Certification Scheme (KPCS) - an international initiative to stem the flow of conflict diamonds - after its own investigating team recommended earlier in 2009 that the country be temporarily barred from importing and exporting the gems. 6 Nov 2009 10:45 AFRICA Senegal: Youth who refuse to farmZIGUINCHOR: Landmines and armed attacks in Senegal's Casamance region are preventing farmers from maximising production from the region's fertile soil, but there is another problem, too: not enough young people are taking up farming, residents and experts say. 6 Nov 2009 10:41 AFRICA Nigerian bank reformNigeria's banking sector has been ordered to start reporting on suspicious cash transactions from people involved in politics. The new regulation requires banks to check the identity of anyone making a transaction above 250,000 naira (around US$1,600). 5 Nov 2009 11:14 AFRICA Zimbabwean diamonds face banZimbabwe faces having its diamonds suspended from international trading because of alleged human rights abuses by government security forces in the country's diamond fields. 4 Nov 2009 09:00 AFRICA Somaliland gets first debit cardA debit card service was launched for the first time ever in Somaliland last week. The region broke away from Somalia in 1991, when the country's government collapsed, and has been relatively stable ever since. 2 Nov 2009 08:25 AFRICA Zuma, Kabila discuss trade relations[Chris Bathembu] PRETORIA: President Jacob Zuma says growth can only happen through effective partnerships and greater cooperation among African countries. 2 Nov 2009 07:40 AFRICA Uganda: Barclays sends local entrepreneurs to China expo[Walter Wafula] Barclays Bank has flagged off a group of 15 Uganda businesspeople to the Canton III Fair in China to strengthen trade ties with their Chinese counterparts. The trade fair will take place between 31 October and 4 November 2009. 29 Oct 2009 10:50 AFRICA FNB officially launches Zambia operation
AFRICA Country Bird plans further African forays[Sure Kumhlanga] Acquisitive poultry group Country Bird early last week said it planned to expand into other parts of southern Africa and wanted to increase its domestic market share through a possible acquisition as it moves to within spitting distance of larger competitors Rainbow and Astral Foods. 26 Oct 2009 08:26 AFRICA Bidvest Namibia share-offer oversubscribedBidvest Namibia, the commercial services and fishing business, announced late last week that its public offer of 50 719 000 ordinary shares had been oversubscribed. Applications for 54 809 716 shares came in from 676 applicants. 26 Oct 2009 06:34 AFRICA Zim: Delta brings back the old beer brand[Dumisani Ndlela] The country's beverages group, Delta Corporation, has brought back the Chibuku “shake-shake” brand of opaque beer which had been abandoned in 1991 with the introduction of the “scud” brand. 23 Oct 2009 11:58 AFRICA Guinea-Bissau: Beyond cashews and riceSAN DOMINGOS: Aid agencies are encouraging communities to diversify their agricultural production in Guinea-Bissau, where 90% of farmers grow rice or cashews to survive, making them vulnerable to erratic rainfall and price fluctuations. 23 Oct 2009 10:55 AFRICA Zim: Climate change puts Muzarabani on knife edge[Fidelis Zvomuya] Standing under a Musawu tree, in the middle of her homestead, three months pregnant, Muchaneta Kagodo, is terrified, as changes in climate have spelt misery, loss and hunger. Kagodo is from Kairezi village in Muzarabani, Zimbabwe. 22 Oct 2009 12:02 Latest jobs | Ad showcase |
LUSAKA: First National Bank announced yesterday, 27 October 2009, the launch of its Zambia operation. The operation was officially opened by the president of Zambia, President Rupiah Banda. The company's banking license was issued on 25 November 2008. 
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