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Kenya: Chiluba threatens to sue critics over pension freeze call
LUSAKA, Monday Related Stories Chiluba issues demand for a house Opposition protests as Chiluba seeks votes for Banda Former president of Zambia Frederick Chiluba has threatened to sue his critics over demands that the state freezes his pension following his campaigning for President Rupiah Banda"s ...

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Kenya: Bank speaks out for the poor
LondonA robust programme to protect Africa"s poor from the effects of the global recession needs to be enacted soon, the president of the World Bank has said after a tour of the continent.Mr Robert B. Zoellick said the effects of the global food, fuel and economic crisis will be felt ...

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South Africa: Inequality not so black and white
INEQUALITY NOT SO BLACK AND WHITE , 8 February 2010 (IRIN) - The growing gulf between the haves and have-nots in the black population has given South Africa the dubious distinction of becoming one of the world"s most unequal societies, according to a recent report by the Organisation for Economic ...

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South Africa: Eurozone"s fiscal problems weigh on rand
Analysts expect local financial markets to face more turbulence this week. This comes as the fiscal problems in the Eurozone and doubts about the global economic recovery persist. The US jobs data report on Friday also sowed more caution among investors about the economic outlook. On the domestic front, ...

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Africa: American union supports Fawu
Andy Stern, President, and Anna Burger, Secretary-Treasurer of the 2.2 million member trade union in North America said: "We stand together with our brothers and sisters of the Food and Allied Workers" Union (FAWU) in South Africa who, for five weeks, have been on strike protesting Coca-Cola ABI"s ongoing practice ...

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Kenya: Sale of State firms to go on
Privatisation of selected State corporations will go on as soon as approvals are received from the government. Related Downloads Stock & Forex Download Detailed proposals on how the process would proceed were submitted to the Treasury late last year.The proposals contain the timeframe and strategies for ...

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South Africa: Opec oil price falls to 4-month low
Submit your comment The oil price of the Organization of the Petroleum Exporting Countries (OPEC) fell to $69.71 (R540) at the end of last week, its lowest level in nearly four months, according to data issued by the group on Monday. The cartel"s basket price dropped by $3.02 per ...

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South Africa: Natural medicines take lead in industry
By Florence de Vries Submit your comment The sales of complementary alternative medicines are growing at a faster rate than traditional or prescribed medicines in pharmacies, according to key players in the industry. Health care retailer Clicks, as well as homeopathic and natural medicines brands, Natura and Vital ...

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South Africa: BMW gives thumbs up for company"s local operations
By Roy Cokayne Submit your comment BMW of Germany has given the future viability of its operations and investments in South Africa the thumbs up and expressed confidence about the stability of the business and political environment in the country. Norbert Reithofer, the chief executive of BMW, said on ...

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Ghana: Independent body to manage oil money - Accra Mail :: Ghana News Leaders - Ghana News Business
President John Evans Atta Mills says the government intends to establish an independent body to manage the revenue expected from the country"s oil resource to ensure transparency and effective management.“This is to enable Ghanaians to know how the revenue is utilized,” he said on Saturday during an interaction with former ...

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Kenya: Farmers" agony as maize rots
About 200 tonnes of maize is rotting in the Hola Irrigation Scheme after the National Cereals and Produce Board failed to buy it.More than 650 farmers in the scheme are now watching helplessly as their efforts go to waste.Millions of shillings were spent to revive the scheme under the National ...

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Kenya: G7 talk on Greece fails to soothe investors, euro dips
The euro and growth-linked currencies fell on Monday as investors unwound risky trades amid growing worries about eurozone"s debt problems, dismissing assurances from European finance ministers at the weekend.European ministers told their counterparts at a Group of Seven meeting on Saturday they would make sure Greece sticks to its budget-cutting ...

Read Africa News article at Daily Nation - Related articles

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