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Fri,12Feb2016

Companies

Finance: Fitch sees Brazil, Middle East/Africa region vulnerable to 2016 downgrades

Emerging markets face another wave of ratings downgrades next year, with Brazil at risk of a cut to junk and the Africa/Middle East region potentially given a 'negative outlook', Fitch Ratings' top sovereign analyst said in an interview.

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Agribusiness: Tanzania waits for sweet salvation

Photo©Noor KhamisThe government's partnership with Swedish company EcoEnergy was touted as a flagship for foreign investment. NGOs say it is a land grab. Caught in the middle for the past four years are the farmers due compensation.

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Telecoms: I'm not worried about the future - Airtel Africa boss

Christian de Faria, Chief executive, Airtel Africa. Photo©Phil Moore for JAThe manager of Airtel's Africa operations says that the years of difficulty are behind the company and that mobile internet and banking will buoy the firm's performance.

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Mining: South Africa's Harmony finds copper-gold deposits in Papua New Guinea project

South Africa's Harmony Gold said it has discovered gold and copper deposits at its Kili Teke exploration site in Papua New Guinea, which could be similar to its other resources in the Pacific Island nation.

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Technology: Safaricom launches Kenya's first 4G Internet services

Safaricom Chief Executive Bob Collymore said the company paid $75 million for the spectrumSafaricom launched Kenya's first fourth-generation (4G) Internet services on Thursday, seeking to capitalise on burgeoning mobile Internet use in the country.

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Fairtrade Focuses on African Farmers

Photo©Thorsten Futh/LAIF-REAFor Fairtrade to make a major difference, its involvement in strengthening grassroots rural organisations is key, alongside a concerted effort to raise agricultural wages.

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Joshua Siaw: Legal eagle with a bird's-eye view

Joshua Siaw©Andy LaneThe youthful Africa director of an international law firm has made his diaspora experience an asset in professional life.

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