Saturday , 21 January 2017

Category: Banking

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Cairo: Egypt inks $61.6m power deal with South Korea

Cairo: Egypt inks $61.6m power deal with South Korea

In North Africa, the Egyptian Electricity Holding Company (EEHC) has signed a $61.68 million deal with South Korea’s Doosan Group for the supply of power plant equipment. Accordin ...

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ILO: Global unemployment to rise by 3.4m in 2017 as wages stall

ILO: Global unemployment to rise by 3.4m in 2017 as wages stall

The latest report by International Labour Organisation (ILO) World Employment and Social Outlook 2017 was released this week and takes stock of the current global labour market si ...

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Kenya: Top firms scramble for slice of marine insurance trade

Kenya: Top firms scramble for slice of marine insurance trade

After more than a decade of administrative wrangling, a new law that makes it compulsory for all imports to be insured locally came to effect this month, allowing players to incre ...

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Uganda: Museveni’s administration bets big on tourism products

Uganda: Museveni’s administration bets big on tourism products

  By Correspondent Ugandan Government could soon increase its offering in the tourism menu and increase its attractiveness to tourists if projects worth UGX 231 Million are f ...

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Nairobi: SBM holdings draw up to close Fidelity bank buyout

Nairobi: SBM holdings draw up to close Fidelity bank buyout

By Correspondent SBM Holdings is closing on the Fidelity Commercial Bank (FCB) takeover with a keen eye on Kenya as the entry point for Eastern Africa. The two firms have worked s ...

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