Officially, the suspension of three directors of Air Madagascar in mid-August was justified after the fact by the need to restructure the state-owned carrier because of its recent financial losses. However, the government’s decision had been expected for some time [.
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The Paris commercial court Tribunal de Commerce de Paris dismissed the lawsuit filed by the Norwegian living in France Einar [...]
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The prospectus issued by the Central Bank of Seychelles (CBS) on 17 August announcing the sale of treasury bonds at [...]
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A company owned by the government of Dubai is planning to invest $70 million in a tourist project in the [...]
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According to information obtained by The Indian Ocean Newsletter from a Somalian businessman passing through Hargeisa, a delegation from Total’s [...]
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An American delegation, consisting of Ryan Henry, the Principal Deputy Under Secretary of Defence and Theresa Whelan, the Deputy Assistant [...]
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Two top executives of the French firm Total arrived in Juba on 29 August for a meeting with the Sudanese [...]
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Whether they think president Mwai Kibaki will be re-elected in December, 2007 or feel they can’t run against him in [...]
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Recently released from jail after asking for a pardon from Meles Zenawi, leaders of the opposition have been refused visas to the United States.
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Asmara's relations with the American administration have entered a highly turbulent phase.
No settlement has yet emerged in a legal squabble pitting the BIC against Shamir Kamoula.
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Former Tanzanian president Benjamin Mkapa has interests in at least two companies founded when he was in office and which got a leg-up from the government.
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Hundreds of civil servants have been quietly fired without the government saying anything about it in public.
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An Indian magnate who often resides in California has bought a dozen properties in Seychelles, partly for speculative purposes. Chinnakannan [...]
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A businessman close to the daughter of president Mwai Kibaki has just won a building contract.
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The Israeli firm Tahal Consulting Engineers narrowly beat out its rival, Gibb Africa from Kenya, to win a new consultancy contract.
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The Zimbabwe government has just approved the sale of a 70% stake in Air Zimbabwe Holdings which runs the national airline.
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A Canadian mining company in which a South African businessman and a former Mozambique president serve as chairman and vice chairman has just set up a subsidiary in Maputo.
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Businessman Majoj Sompura has joined forces with two relatives of leading government figures in a holding company, and recently set up a raft of companies in Maputo.
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A director of the British bank Standard Chartered was found guilty in Dar es Salaam of forcefully occupying the premises of a company that owed his bank money.
Fed up with a long legal wrangle, French businessman Riaz Barday is selling several of his firms in Antananarivo.
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A 50-year-old technician, Olivier Robinson, was more surprised than anyone to find himself appointed deputy managing director of Air Madagascar [...]
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Former energy and mines minister under prime minister Jacques Sylla between 2003-2004, Jacques Rabarison has made a smooth transition into [...]
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The chairman of Corvina Investments, a holding company that runs several firms in Seychelles, has decided to return to Mauritius, [...]
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The bad times are continuing for Mohamed Said Fazul, former president of the autonomous island of Moheli. In June he [...]
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The new Australian ambassador to Zimbabwe, John Courtney, will be taking up his post in October at a highly sensitive [...]
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After lengthy negotiations, the Wegagen Bank has appointed Hadgu Hailu, a former vice president in charge of human resources at [...]
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A relative of the regional counsellor Rolande Chane Kaye Bone [...]
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Kenya's trade and industry ministry has opened a trade section [...]
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The new Canadian ambassador to Tanzania, who also covers the [...]
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The deputy prime minister and minister for public infrastructure, Rashid [...]
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During his official visit to Madagascar in the second week [...]
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A Plataforma por Darfur has been formed in Portugal to [...]
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The Uganda police force is in the midst of a [...]
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Founded by Naina Andriantsitohaina, the long-serving president of the Syndicats [...]
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Mozambique's ex foreign minister Leonardo Santos Simao teamed up with [...]
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The chief executive of Ingenosya, Jean-Luc Rajoana, has just broadened [...]
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The Australian concern Red Island Resources, headed by 44-year-old David [...]
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South Korea's Hyundai Heavy Industries is interested in a steel [...]
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A consortium made up of the firms Mitsubishi Heavy Industries [...]
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The management of TAL Group, a Kenyan concern, recently met [...]
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A company specializing in recycling battery components, Pagrik Mozambique, was [...]
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As expected (ION 1204), France's Bred-Banque Populaire has bought the [...]
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A major player in the ethanol market in Europe, the [...]
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An application for a banking license submitted by the Indian [...]
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