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Cina Kenya
Kenya: Hope for Kenyan jumbos as global ban on ivory trade takes off
There are indications that milestones have been achieved as there has been a significant fall in ivory trade in China - by almost two-thirds in the past three years.
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Kenya
Business: Paradise lost as Nairobi's Karen estate grandeur fades away
The name Karen is synonymous with affluence, tranquility and security. The leafy Nairobi suburb is perhaps one of the most sought-after neighbourhoods.
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Kenya
Business: Governor Joho's accounts frozen in tax row
The High Court has frozen Mombasa Governor Hassan Joho's six bank accounts on claims that he has evaded tax.
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Kenya
Business News: Kenya recovers Sh3 billion worth of assets lost in corrupt deals
The Government has recovered assets worth Sh3 billion that have been lost over the years through corrupt deals.
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Kenya
Business News: Pitfalls that threaten implementation of Kenya's generous 2017-18 budget
As the Government opens the coffers for the 2017-18 budget in three months' time, the focus of Kenyans will be how Sh2.6 trillion budget will make their lives better.
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Portogallo
Estado fica acionista do Novo Banco até ter mais-valias
O Banco de Portugal criou uma forma de retirar a venda do Novo Banco das garras do Parlamento. O Fundo de Resolução fica com 25% sem pôr capital, mas assume “responsabilidade contingente”.
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Nigeria
Forex manipulation: EFCC invites more senior CBN officials
Eniola Akinkuotu and Ifeanyi Onuba The Economic and Financial Crimes Commission has invited more senior officials of the Central Bank of Nigeria as part of investigations into an alleged foreign exchange scam and other sharp practices within the apex bank. Reliable sources within the anti-graft agency said the investigators probing ...
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USA Nigeria
Dump multiple exchange rates, forex curbs, IMF tells FG
Oyetunji Abioye The International Monetary Fund on Thursday urged the Federal Government to lift the remaining foreign exchange restrictions and scrap the system of multiple exchange rates in order to revive the Nigerian economy. The recommendation came in the Washington-based fund’s regular assessment of Nigeria’s economy. The report came on ...
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Nigeria
CBN increases forex sale to BDCs, releases fresh $100m
Oyetunji Abioye and Ifeanyi Onuba The Central Bank of Nigeria on Thursday said it would from next Monday begin the sale of foreign exchange to Bureau De Change operators twice weekly. The Acting Director, Corporate Communications Department, CBN, Mr. Isaac Okoroafor, who confirmed this, stated that the move was part ...
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Nigeria
FG extends 2016 capital budget implementation to May 5
Ifeanyi Onuba, Abuja The Federal Government on Thursday extended the implementation of the capital component of the 2016 budget from March 31 to May 5, or till the passage of the 2017 budget, whichever is earliest. The Ministry of Finance said in a statement that already, the Accountant-General of the ...