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Kenya
German minister to visit Kenya for anti-poaching campaign
Swaziland, Zimbabwe, Namibia and South Africa have called for the lifting of the ban on ivory trade.
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USA
Adele cracks 10 million US sales once again
Adele's 25 has topped 10 million sales in the United States.
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Corea del Sud
Shilla Hotel and Hyundai Development Co. to Challenge for Duty-free Shop License again
The Shilla Hotels & Resorts and Hyundai Development Co. will jointly apply for a downtown Seoul duty-free shop license whose deadline will end on October 4. The two companies said on September 27 that they would build the second duty-free shop within I-Park Tower in Samseong-dong in Seoul's Gangnam. The ...
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Corea del Sud
Dutch PM Visits Seoul's Samsung Electronics HQ
Dutch Prime Minister Mark Rutte visited the headquarters of Samsung Electronics in Seoul's Gangnam on September 27. At about 2 pm on the day, Samsung vice chairman Lee Jae-yong held a closed-door meeting with the prime minister for an hour. At the meeting, Mr. Lee introduced the company's main business ...
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USA
Is Korea-U.S. FTA a Disaster for the U.S. Economy?
The U.S. government released a report refuting the claim of Donald Trump, the Republican nominee for the President, who said the free trade agreement between Korea and the United States is contributing to reducing jobs in his country. According to industry sources on September 27, the U.S. Department of Commerce ...
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Nigeria
Senate rejects sale of national assets
…asks FG to forward economic stimulus bill •Nigeria needs to borrow from World Bank, IMF –Obasanjo Senate yesterday asked the Federal Government to come up with an economic stimulus bill and forward same to the National Assembly for immediate passage into law to address the current recession in the country. ...
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Nigeria
Nigeria’s foreign reserves drop to $24.74bn –Udoma
Minister of Budget and National Planning, Udoma Udo Udoma, said Nigeria’s foreign reserves have reduced from $26.51bn in the second quarter of 2016 to $24.74bn in September. Udoma said this Tuesday at the 57th annual conference of Nigeria Economic Society, NES, with the theme: “The developmental state and diversification of the Nigerian economy”, holding in Abuja. He said Nigeria had revenue and foreign currency concentration problems, adding that ...
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Nigeria
Nigeria: Investors Blame Market Woes On Govt Policies
[Guardian] Capital market stakeholders have bemoaned government economic policies, especially the recent decision by the Central Bank of Nigeria (CBN) to retain interest rate at 14 per cent, They said that the policy was disincentive to investment for both foreign and indigenous investors.
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Cina
Tanzania: Tazara, China to Revive the Rail Firm
[Citizen] Dar es Salaam -Chinese capital investment for revamping the Tanzania Zambia Railway Authority (Tazara) is awaiting pending negotiations to decide on public-private partnership (PPP) in the project.
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India Nigeria
Nigeria: Buhari Welcomes U.S.$5 Billion Investment From India
[Vanguard] President Muhammadu Buhari on Tuesday welcomed the proposed five billion dollars investment in Nigeria by visiting Indian business delegation, led by Indian Vice-President Hamid Ansari.