Economic tie ups between Africa and Israel on the cards
Central bank governors from Uganda, Swaziland, Ghana, Kenya, South Sudan and Equatorial Guinea have shown interest in forging closer economic ties with Israel
Finance
Zimbabwe Stock Exchange to introduce automated trading system
A new manual system is intended to reduce the risk of market manipulation. (Image source: Nick Benjaminsz)
Plans are underway to introduce an automated trading system to the Zimbabwe Stock Exchange (ZSE), after the manual operations have impacted on the growth of the exchange
Nigerian foreign reserves drop by US$220 million
Nigerian foreign reserves dropped to US$37.242 billion in the four days preceeding Friday, June 22, 2012, according to Central Bank of Nigeria (CBN)
Further declines set for Zambian currency
The kwacha is one of the weakest global currencies. (Image source: Simon Summers)
The weakened Zambian kwacha (ZMK) is set to worsen, according to foreign exchange analysts, as the outlook for the global economy remains bleak for 2012
East African block to create 56,000 new jobs
Tanzania is to lead East African countries in creating more than 56,000 employment opportunities over the next five years, according to Ernst and Young
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