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4 July 2008 year (time zone GMT 00:00)  Number of sources in English: 4954
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Cameroon: Banking Institutions Challenged to Alleviate Rural Poverty

04.07.2008 19:38    allafrica.com
Finance Minister, Essimi Menye, has called on banking institutions to alleviate poverty in the rural areas.


Ghana: Minister Commends Banking Industry

04.07.2008 19:38    allafrica.com
The Minister of State, at the Ministry of Finance and Economic Planning, Dr. Anthony Akoto Osei, has commended the banking industry for the role it played towards the success story of the economy.

Gambia: Ecobank Opens More Branches

04.07.2008 19:38    allafrica.com
Ecobank, a household name in The Gambia for efficient, friendly, customer focused and excellent banking services, yesterday, opened two new branches. The new branches are at the Kanifing highway and West Field.

South Africa: M&F to Cut 600 Jobs in Shake-Up As Claims Rise

04.07.2008 19:38    allafrica.com
MUTUAL & Federal Insurance Company (M&F), one of the largest short-term insurers, is embarking on restructuring which will result in its staff complement falling by 600 jobs to about 2300, MD Keith Kennedy said yesterday.


South Africa: Astrapak's Cautionaries Cheer

04.07.2008 19:38    allafrica.com
THE good news for the Private Investor portfolio is the upgrade on Grindrod's previous trading update (April 21). In that update Grindrod's earnings and headline earnings per share for the half-year to June were expected to be 55%-75% higher than

South Africa: Incentives to Slash Capital Costs

04.07.2008 19:38    allafrica.com
UP TO 30% of a R200m investment in capital assets could be given back to entrepreneurs in the manufacturing and tourism sectors, Trade and Industry Minister Mandisi Mpahlwa said yesterday in Pretoria.

South Africa: Investors 'Should Take a Long-Term View' On Banks

04.07.2008 19:38    allafrica.com (2)
THE JSE banks index continues to head southwards as oil and food prices continue to rise.

Nigeria: Chinese Investments in Country

04.07.2008 19:38    allafrica.com
In recent times, quite a lot has been said and written about the presence of Chinese investors in Africa . The West is clearly worried not just about the rate of China's growth within a global context, but also about

Zimbabwe: Cash Shortage Looms

04.07.2008 18:03    allafrica.com
ZIMBABWE is set to experience serious cash shortages after a German company halted delivery of banknotes to the country this week in protest at the worsening political and socio-economic situation.

Nigeria: Currency Production Records N2 Billion Shortfall - Soludo

04.07.2008 18:03    allafrica.com
Governor of the Central Bank of Nigeria (CBN), Professor Chukwuma Soludo, yesterday revealed that the country is under producing currency notes to the tune of N2 billion.

Zimbabwe: Local Currency Fading Away

04.07.2008 18:03    allafrica.com
The flower seller booths on Unity Square in the Zimbabwean capital, Harare, are now the haunt of money changers, because this is one of the few commercial activities in the country still experiencing any kind of growth.

Zimbabwe: Reserve Bank Likely to Cut Zeros from Currency

04.07.2008 18:03    allafrica.com
THE Reserve Bank of Zimbabwe (RBZ) is likely to slash at least six zeros from the local currency as it grapples to fight inflation in its monetary policy presentation expected next week.

Zimbabwe: ZSE Shares Fall Against U.S. Dollar

04.07.2008 18:02    allafrica.com (2)
A SHARE price that could buy about four pints of beer at the beginning of the year in United States dollar is now worth half as much.

Zimbabwe: Securities Commission Plans Hang in Balance

04.07.2008 18:02    allafrica.com
PLANS to establish the Zimbabwe Securities Commission (ZSC), which was supposed to have been set up last month, hang in the balance after it emerged that Finance minister, Samuel Mumbengegwi, was unhappy with the people who were proposed to head

Nigeria: Omatek Listed At NSE Floor

04.07.2008 18:02    allafrica.com
Omatek Computers was last week listed at the floor of the Nigerian Stock Exchange (NSE) as one of the public quoted companies whose shares would be traded openly on the floor, thus becoming the first computer company in the country

Zimbabwe: Stock Exchange Shares Fall on Profit-Taking

04.07.2008 18:02    allafrica.com (2)
ZIMBABWE Stock Exchange shares fell yesterday with investors reacting to the central bank's hike in accommodation rates.

Nigeria: NSE Bars Eight New Stockbrokers From Induction

04.07.2008 18:02    allafrica.com
Nigeria Stock Exchange (NSE) on Wednesday wielded its big stick against eight new stockbrokers by disallowing them from participating in the induction ceremony for flouting the rule laid down by the exchange.

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