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Africa : Commodity Bridgehead to Asia
Trade from and in Africa, the New Asia Bridgehead, with Investors Europe Mauritius Stock Brokers. Disclaimer : this page is not intended for any specific nationality or jurisdiction. It is also not intended and neither do we solicit clients from the U.S. or any other specific jurisdiction, including the Republic of Mauritius inter alia.
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Chance to shine at World Economic Forum 2017 for South Africa's Gordhan, Ramaphosa. President Zuma won't be there. It's not exactly his happy place.
"At the World Economic Forum, where finance ministers attract as much attention as presidents, South African Finance Minister Pravin Gordhan’s presence this week in Davos is expected to be a show of strength, leadership and survival. It will also be a rare opportunity for South African Deputy President Cyril Ramaphosa to shine on the world stage since President Jacob Zuma will not be attending"
It was the first such revelation by the authorities
"Nearly 55,000 people accused of committing "terrorist offences" have faced legal proceedings in Algeria since the country's devastating civil war in the 1990s, the justice minister has said"
Humans inadvertently or intentionally introduce alien species into new environments, disrupting native ecosystems: 15 invasive species taking over Africa.
"The myna has adapted extremely well to urban environments. Its range is increasing so fast that in 2000 an international conservation commission declared it one of the world’s most invasive species. It’s one of only three birds in the top 100 species that could impact biodiversity, agriculture and human interests"
Since then, the economy has absorbed new black entrants who have joined the insider group. But there are still strong barriers to entry into the formal economy – a point made by, among others, International Monetary Fund deputy managing director David Lipton. And so, despite the emergence of black professionals and managers, many black South Africans remain economic outsiders.
"The politics of South Africa’s governing African National Congress (ANC) may be hogging today’s headlines, but they are a symptom of the economy’s development over the past two decades. They are unlikely to offer a cure. But they could help decide whether a remedy will be possible"
"Faced with the challenges of providing food and electricity, the Malawian government is searching for ways to bring both to villages like Chikhawo, just outside the capital city"
Malawi's dilemma of how to find the balance between using Lake Malawi’s water to drive turbines and to irrigate the land for food production in the midst of the drought facing the country
The Stock Exchange of Mauritius has returned 54.9% over the past five years, and there are a number of intriguing opportunities among its 38 listed stocks.
The cost of trading on the Stock Exchange of Mauritius is lower than any other African exchange. Commissions and fees are assessed on a sliding scale that is standard across all brokers. Here is the process of opening an account with a Mauritian stockbroker and buying your first shares
Executive summary The World Risk Report (UNU, 2015) ranks the Republic of Mauritius seventh among the 15 most exposed countries to natural hazards, namely sea-level rise, cyclones and floods; and thirteenth among 171 countries for its disaster risk. However, being aware of climate change challenges, the Government of Mauritius has initiated studies more than a decade ago and subsequently took action to develop adaptation and mitigation strategies. Vulnerability maps pertaining to flooding risks, landslides and storm surges have been established for better planning and monitoring. Climate change is now well established on the agenda of the Government and central to several policies being adopted. However, there are still some tasks that are yet to be addressed, especially when taking into account the Intergovernmental Panel on Climate Change’s predictions and their threats to human settlements. Coastal communities, including island populations of Rodrigues, St Brandon and Agaléga, are far more exposed to the immediate impacts of extreme climatic events. As such, relocation of specific communities at Rivière des Galets and Quatre Soeurs is currently under consideration, though relocation remains an expensive option, logistically challenging and exclusively adopted as an ultimate solution.
"The World Risk Report (UNU, 2015) ranks the Republic of Mauritius seventh among the 15 most exposed countries to natural hazards, namely sea-level rise, cyclones and floods; and thirteenth among 171 countries for its disaster risk. However, being aware of climate change challenges, the Government of Mauritius has initiated studies more than a decade ago and subsequently took action to develop adaptation and mitigation strategies"
Press Release - The Government of India has allocated US $ 52.95 million, an equivalent of approximately Rs 1.9 billion representing 15 percent of the total grant of Rs 12.7 billion allocated by the Government of India for the implementation of priority projects in Mauritius.
India allocates US $ 52.95 million for the implementation of its priority projects in Mauritius
Kenya says China's Exim Bank may finance $4.9 bln rail link with Uganda
"China’s Exim Bank has expressed interest in financing the third section of Kenya’s planned rail link with Uganda at an estimated cost of $4.9 billion, a senior Kenya Railways official said on Friday"
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The figures show that about 1,500 residential units were sold by January 2015 through the previous IRS and RES schemes. As a reminder, the RES was introduced after the success of the IRS when it was felt that smaller landowners should also benefit from property development and bring in foreign direct investment (FDI) to the island.
Property development has reached a tipping point in Mauritius. Since December 2014, we have seen the Government's introduction of the Property Development Scheme (PDS), as the successor to the previous schemes, namely, the Integrated Resort Scheme (IRS) and Residential Estate Scheme (RES)
“In fact, the latest FNB Property Barometer shows that at least 14%, or about one in every seven, of all residential sales currently are being driven by owners selling to relieve financial pressure on their households,” says Berry Everitt, CEO of the Chas Everitt International property group.
"According to the National Credit Regulator, more than 10 million South Africans are having trouble paying their bills at the moment, and many of the property owners among them are selling now in order to pay off some debt or cut back on their monthly expenses"
There’s a sense of urgency to accelerate investment in Africa, to make energy more accessible and infrastructure more resilient as climate change threatens to undermine developmental gains and stifle growth on the continent, according to Washington, D.C.-based International Finance Corporation
"Someone will get rich making African infrastructure more resilient. Here's how 4 sub-Saharan countries stack up for climate-smart investment potential"
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"Ever since Satoshi Nakamoto introduced bitcoin in 2009, the underlying invention that powers it, known as the blockchain, has been copied, tweaked, and adapted to remove friction in many industries. However, to view blockchain technology simply as an incremental progress in software (or database management) applications is like saying the Internet is a fancy fax machine"
Financial institutions are looking for ways to use the accounting system behind the virtual currency bitcoin to reduce the cost of banking transactions
"African banks are beginning to see the potential of blockchain, an innovative system of shared and decentralised databases that got its start with the digital currency bitcoin. Proponents point out that the lack of a centralised ledger for transactions allows for greater transparency and lower costs in all sorts of trades and other activities"
Uganda Eyes $700M From Bird-Watching Over The Next Decade
"Uganda, home to more than half of Africa’s bird population, seeks to earn over $700 million from its rich birding variety over the next decade, government officials said during the Africa Birding Expo held in Entebbe from 18-21 November"
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It’s amazing how the government forces you to give them in-depth personal information so that they can take half of what you earned last year. Next, they store that data improperly, allowing hackers to access it. According to Blacksmith Global, Publisher of Sovereign Man, Now the same government has just ruled in favour of itself by re saying that you can’t sue the IRS for failing to safeguard your data
"A politicial outsider, Trump is seen as a risk to global growth as he has pledged to renegotiate trade deals, impose high import tariffs and stirred fears of a currency war with China"
Are Africa’s Top Economies Losing The Fight Against Endemic Corruption? Kenya, East Africa’s biggest economy, is embroiled in yet another corruption scandal
"Kenya, East Africa’s biggest economy, is embroiled in yet another corruption scandal after $49.2 million (Sh5 billion) went missing in the Ministry of Health through manipulation of a tendering system, diversion of funds and double payments of goods"
Ethiopia has seen an increase in FDI as more foreign firms set up in the horn of Africa nation attracted by government incentives
Ethiopia expects about $1.7 billion in FDI flows in 2016, surpassing East Africa’s leading economy, Kenya, that has projected about $1.1 billion this year. Last year, Ethiopian government had predicted a record $1.5 billion in FDI
Why crime rates are more useful than absolute numbers in tracking changes over time
"Crime rates are more useful than absolute numbers for comparing changes over time, as they allow you to make fair comparisons between different population sizes"
The Chinese government is considering venturing into the local banking sector in line with the implementation of its three-year finance programmes on the continent, worth $60 billion.
China is considering venturing into Rwanda's banking sector in line with the implementation of its three-year finance programmes on the continent, worth $60 billion
And demonizing the country isn't the best way to encourage a change in behavior.
"A bit of China-bashing is inevitable in any U.S. election year. Over the past month after China roundly dismissed an arbitration ruling rejecting its claims in the South China Sea, a chorus of voices has angrily denounced the country as an international outlaw. Western pundits have likened China’s reaction to imperial Japan’s decision to quit the League of Nations, which eventually led to war in Asia, or even to Hitler’s trampling of the global order"
Middle East carriers continue their domination at leading aviation industry awards
"Middle East carriers continue their domination at leading aviation industry awards"