Business

Sat,22Sep2018

Business

South African sugar maker Tongaat eyes Angola for growth

Matt Rourke/AP/SIPA

Tongaat Hulett aims to expand its business in Angola and other African nations that rely on sugar imports, in line with a strategy to bulk up in the central and southern region of the continent, the company said on Monday.

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Kenya: Ruto’s path to 2022

 
 

Ben CurtisAP/SIPAKenyatta’s deputy has topped a poll on who will  be the next president. But within his party there  are signs his succession pact may be challenged

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AfDB: Is the Korean experience relevant today?

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Despite a decade’s worth of headline-grabbing economic growth, Africa’s experience with industrialization remains disappointing. Sixty-two percent of the continent’s total export products are in primary form, signaling the limited role of manufacturing in driving development. Sub-Saharan Africa’s average share of manufacturing value added to GDP, at around 10 percent, is unchanged from the 1970s.

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DOSSIER INSURANCE | ITW: Julius Kipng’etich, CEO, Jubilee Holdings

TAR99-p80a
Penetration rates are low in East Africa, and Jubilee Holdings is betting on tech to cut costs and reach out to the masses

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Irregular expenditure almost doubles at S.Africa's municipalities - Auditor General

South Africa Finance Minister Nhlanhla Nene, center, arrives at parliament in Cape Town, South Africa, Feb. 25, 2015.Photo: Schalk van Zuydam/AP/SIPAIrregular expenditure by South Africa's municipalities almost doubled in the past financial year, with only a tenth of local governments producing credible financial statements, the auditor general said on Wednesday.

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H&M scouts out potential suppliers in South Africa

H&M and Verizon logo hang on a building on 34th Street, Wednesday, May 16, 2018, in New York. Photo: Mary Altaffer/AP/SIPAH&M is looking at South Africa as a potential supplier, with executives from the world's second largest clothing retailer visiting some of the country's main cities this week.

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Nigeria's economic growth slows for first time since end of recession

Nigerian President Muhammadu Buhari speaks during a bilateral meeting with President Barack Obama , Sept. 20, 2016. Photo: Carolyn Kaster/AP/SIPANigeria's economic growth slowed in the first quarter of 2018 for the first time since the country pulled out of recession last year as the non-oil sector struggled, the National Bureau of Statistics said on Monday.

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