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<title>Talk Radio 702 - The Africa Business Report</title>
      <link>http://www.702.co.za</link>
      <description>Talk Radio 702 - The Podcasts</description>
      <language>en-us</language>
      <copyright>2006</copyright>
	  
  <lastBuildDate>17 March 2010</lastBuildDate>
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      <webMaster>702webmaster@702.co.za</webMaster>
<item>
<title>Africa doing business.</title>
<description>BP has found a buyer for some of its businesses it&#8217;s selling in southern Africa. Tanzania's Export Processing Zones boost the country&#8217;s income. 

Rwanda wants to reform and introduce new business laws for doing business in the country. 
A Chinese delegation visits Zimbabwe to explore investment opportunities.

</description>
<pubDate>17 March 2010</pubDate>
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<item>
<title>Piracy dents shipping industry.</title>
<description>Piracy off the coast of Somalia is costing the international shipping industry at least $100m a year. The International Monetary Fund introduces Rapid Credit Line, a quicker and more efficient way of distributing funds.

 

</description>
<pubDate>10 March 2010</pubDate>
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<item>
<title>Inflation a big topic in Africa.   </title>
<description>The Kenyans are looking at a new way of measuring inflation. Standard Chartered showing huge interest in the Africa/China connection. The Namibians want to ban foreign investment in public transport and hair salons.

</description>
<pubDate>04 March 2010</pubDate>
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</item>

<item>
<title>Beer and wine in Africa   </title>
<description>Overmeer, one of the cheaper wines produced by Distell is going to be made in Tanzania.

 

There's a battle brewing over Uganda's oil reserves.

</description>
<pubDate>24 February 2010</pubDate>
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</item>

<item>
<title>Tanzania feels recession pinch.   </title>
<description>Tanzanian banks report losses for the quarter, but year-on-year compound growth. It&#8217;s being reported that Bharti Airtel has put in a $107bn offer to buy the African operations of Kuwaiti telecommunications company, Zain. Demand for Kenyan flowers for Valentines Day withers this year.  

 

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<pubDate>17 February 2010</pubDate>
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<item>
<title>Power deal signed in Africa</title>
<description>
Kenyan President Mwai Kibaki and Ethiopian Prime Minister Meles Zenawi have signed a deal for a new power-grid connection. Tanzania has made it compulsory for cell phone operators in the country to be listed on its stock exchange. The African Development Bank has no hurdles in raising international capital.

</description>
<pubDate>11 February 2010</pubDate>
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<item>
<title>A bottle of wine perhaps...the next time I forget?</title>
<description>Completion of the second phase of the Mombasa-Nairobi-Addis Ababa road is expected to boost trade between Kenya and Ethiopia as it will reduce transport and shipping costs. The World Bank has urged East African governments to speed up the reform of their business environment, in order to improve their global competitiveness and attract investment. The Nigerian Independent Petroleum Company (NIPCO) looks for approval from the Federal Government to build a private refinery. 

 

</description>
<pubDate>04 February 2010</pubDate>
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<item>
<title>Big Asian investment in Africa.   </title>
<description>The Indians are investing big &#8211; and the Chinese are wanting to secure energy agreements there.

 

The Indian Government plans on investing $1.5 trillion on infrastructural development in Nigeria and other parts of Africa in the next 10 years. While China is negotiating with Nigeria on an oil-export partnership.

 

Tullow Oil&#8217;s intention to cross list it stock on the Uganda Securities Exchange has been welcomed by the industry and investors. 

Italy is to build an oil refinery plant in Uganda. 

</description>
<pubDate>20 January 2010</pubDate>
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<item>
<title>East African trade in for major facelift.</title>
<description>The East African community has planned a major upgrade of it&#8217;s railways system to help improve trade relations between  countries in the region. Fast food giant MacDonalds abandons plan to open a restaurant in Kampala, saying it wants to concentrate on its existing businesses. China lends a R300m, interest-free helping hand to Tanzania-Zambia railways to revive it&#8217;s struggling operations.

</description>
<pubDate>13 January 2010</pubDate>
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</item>

<item>
<title>Things look positive on the continent.</title>
<description>What does the Copenhagen Summit mean for Africa? Kenya looking to capitalise on &#8220;Least Developed Country&#8221; status for sugar production by investing in poorer regions. There&#8217;s positive forecasts about the Zimbabwean mining industry but growth may still take a while. Egypt&#8217;s most iconic hotel, the Ritz is getting a casino upgrade.

</description>
<pubDate>17 December 2009</pubDate>
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