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SOUTH AFRICA: Chinese business leaders expected to cooperate with SA laws
SOUTH AFRICA: Chinese business leaders expected to cooperate with SA laws
Shaun Benton
Cape Town – Labour Minister Membathisi Mdladlana on Tuesday said he trusted that members of South Africa's Chinese community would be more compliant with the country's labour legislation now that a court ruling had rendered them as “coloureds”.

SOUTH AFRICA: Major rate hike shock
SOUTH AFRICA: Major rate hike shock
Fin24.com
Johannesburg - A huge interest rate shock awaits South Africans as the monetary authorities consider hiking rates by another 200 basis points. Most economists have predicted rates only to increase - at...

Enterprises needed to stimulate growth and reduce poverty in Zambia
Enterprises needed to stimulate growth and reduce poverty in Zambia
Zambia is one of the poorest countries in the world. Private sector development is seen as increasingly necessary to stimulate economic growth, reduce poverty and achieve the Millennium Development Goals....

Motorists warned against fuel-saving gadgets
Motorists warned against fuel-saving gadgets
IOL
A wonder fuel-saving pill has entered the local market but the Automobile Association warned consumers on Monday to be cautious of such products.

WORLD: Brazil Says Sugarcane Is Fuel
WORLD: Brazil Says Sugarcane Is Fuel
EU
While the world has a war of words over whether food should be used for fuel or feeding people, Brazil – the country which relies on biofuel – said the case is closed as far as it’s concerned. Food is for fuel.

SOUTH AFRICA: Repo rate increases to 11.5%
SOUTH AFRICA: Repo rate increases to 11.5%
Bathandwa Mbola
Pretoria - Indebted South Africans will have to dig further into their pockets following the South African Reserve Bank's (SARB's) Monetary Policy Committee (MPC) announcement of the hike in the repo rate by 50 basis points.

SOUTH AFRICA: Mpuma Premier to address Moz businessmen
SOUTH AFRICA: Mpuma Premier to address Moz businessmen
Edwin Tshivhidzo
Mpumalanga – Mpumalanga Premier Thabang Makwetla has been invited by the South African High Commissioner in Mozambique Thandi Lujabe-Rankoe to address a business lunch in Maputo.

SOUTH AFRICA: Omnia, IFC in carbon credit deal
SOUTH AFRICA: Omnia, IFC in carbon credit deal
BuaNews
Pretoria - South African chemical, mining and agricultural company Omnia has entered into an agreement with the International Finance Corporation to sell up to one million carbon credits over the next five years.

SOUTH AFRICA: Motorists face another petrol hike
SOUTH AFRICA: Motorists face another petrol hike
Pretoria – Motorists are set to dig deeper into their pockets when the petrol price increases on Wednesday.

The retail petrol price is set to increase by between 66 cents and 68 cents a litre. The...

SOUTH AFRICA: Revised Capital Feasibility plan to increase SA’s exports
SOUTH AFRICA: Revised Capital Feasibility plan to increase SA’s exports
BuaNews
Pretoria – The revised Capital Projects Feasibility Programme, which is intended to facilitate feasibility studies, will increase South Africa’s exports, stimulate growth for the local capital goods and services sector and allied industries.

NAMIBIA: Fuel prices are to increase on Monday
NAMIBIA: Fuel prices are to increase on Monday
NBC
Both unleaded and leaded petrol are to increase by 37 cents a litre, while the price of diesel is to increase by 51 cents a litre.

SOUTH AFRICA: Combine efforts to reduce poverty - Deputy President
SOUTH AFRICA: Combine efforts to reduce poverty - Deputy President
Kagiso Metswamere
Potchefstroom - Deputy President Phumzile Mlambo-Ngcuka has called on every member of the community to partner with government in the fight against poverty.

SOUTH AFRICA: Consumers urged to support paraffin campaign
SOUTH AFRICA: Consumers urged to support paraffin campaign
Nthambeleni Gabara
Cape Town - The Paraffin Safety Association is urging all household energy consumers to support its consumer rights campaign which calls for government to formulate and implement the Low Income Household Energy Safety Policy.

SOUTH AFRICA: Joburg hotel to boost inner city tourism
SOUTH AFRICA: Joburg hotel to boost inner city tourism
Edwin Tshivhidzo
Johannesburg – Tourism in Johannesburg’s inner city has received a boost with the establishment of an upmarket four star hotel.

SOUTH AFRICA: Dlamini-Zuma opens intl trade investment event
SOUTH AFRICA: Dlamini-Zuma opens intl trade investment event
Nthambeleni Gabara
Berne - Foreign Affairs Minister Nkosazana Dlamini-Zuma has concluded her five-day visit to Switzerland by opening a trade investment road show.

SOUTH AFRICA: Tourism, Kulula showcase local travel
SOUTH AFRICA: Tourism, Kulula showcase local travel
Luyanda Makapela
Johannesburg – South African Tourism and Kulula.com are expected to promote domestic travel by highlighting the ease and affordability of local flights to different provinces in the country.

NAMIBIA: 3,000 Jobs Will Be Lost in Malaysian Textile Factory Closedown
NAMIBIA: 3,000 Jobs Will Be Lost in Malaysian Textile Factory Closedown
The Namibian government plans to stay the course with export processing zones (EPZ) despite one of the largest of the foreign investors, Malaysian textile company Ramatex, deciding last week to close down its operations--a move that will destroy 3,000 jobs.
Ramatex came to Namibia in 2001. The one billion Namibian dollar project (about 127 million dollars) was the first large-scale industrialisation investment in the country, with an incentive package including subsidised water and electricity and a 99-year lease exemption for the 65 hectare site.

SOUTH AFRICA: Factory gate prices in at 10.4 percent
SOUTH AFRICA: Factory gate prices in at 10.4 percent
BuaNews
Pretoria – The Production Price Index (PPI) came in at 10.4 percent year on year (y/y) in January, reported Statistics South Africa (Stats SA) on Thursday. On a month-to-month basis, January’s PPI increased by 1 percent.

Namibia Money-Laundering Seminar
Namibia Money-Laundering Seminar
Michael Hearns
Israeli fugitive Jacob 'Kobi' Alexander briefly became the centre of attention during a seminar on money laundering co-hosted by the Bank of Namibia and the US Embassy in Windhoek

ZAMBIA: Where are the workers?
ZAMBIA: Where are the workers?
IRIN
LUSAKA, 27 February 2008 (IRIN) - International investors are toasting Zambia's fast-growing economy, but economists and social rights activists point out that it is yet to make a serious dent in poverty.








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