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South Africa-based Standard Bank has been authorized to operate new RMB clearing bank. Initiative is…
EBC Financial Group says shortfalls in home grown food, high fuel costs and poorly matched…
South Africa-based Standard Bank has been authorized to operate new RMB clearing bank. Initiative is…
South Africa-based Standard Bank has been authorized to operate new RMB clearing bank. Initiative is part of Beijing’s strategy to enhance trade between Africa and China. Analysts say new RMB clearing bank is not a de-dollarisation move. The People’s Bank of China has authorised Standard…
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South Africa-based Standard Bank has been authorized to operate new RMB clearing…
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Kenya-DRC and Tanzania-DRC Corridors have been identified as the key links that…
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Industry & Trade
EBC Financial Group says shortfalls in home grown food, high fuel costs…
Countries
Kenya has awarded $1.2bn JKIA modernization contract to China’s CRBC, with the deal signed just weeks after the tender closed, but transparency questions linger…
In a wide ranging interview, Ambassador Fred Ngoga Gateretse, who is the…
Oceana ambassador highlights urgent need to progress 30×30, advance high seas protection,…
Singapore’s President tells Dar es Salaam that raw mineral wealth must be…
Regional Markets
Family Bank marks largest private-sector listing on the Nairobi Securities Exchange (NSE) in more than 17 years. On Tuesday, the…
Tech & Innovation
In what could easily be mistaken as a scene from the TV series Knight Rider, an autonomous bot delivery vehicle took to the streets of London.…
Editor's Picks
In 2013, Rio Tinto had to write down its Mozambican assets by US$3 billion as a result of failure to transport its coal to port for export. The company had invested huge sums of money based on assumptions of vast coking coal reserves that it would export. Upon the insurgence of extremist rebel groups, with escalating violent activities, the rail network was disrupted and there were increased security risks for normal operations to continue.
The company suffered great loss as it failed to recoup its capital outlay and eventually failed to continue its operations. The high-security risks at a time when investment capital is yet to be recouped, have the potential to turn away more foreign capital injections in the gas-rich country.
Industry & trade
South Africa-based Standard Bank has been authorized to operate new RMB clearing…
Money Deals
Paris-based Kulipa’s seed round co-led by Flourish Ventures and 1kx will expand…
Investing
As the 11th Our Ocean Conference convenes in Mombasa, the first time…
















































