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Archive for October, 2008

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Barclays announces Capital Raising

Friday, October 31st, 2008

The Board of Directors of Barclays today announces a proposal to raise up to £7.3 billion of additional capital from existing and new strategic and institutional investors.

EABL Shareholders To Receive Dividend

Friday, October 31st, 2008

Shareholders of East African Breweries will receive dividend from Monday 3rd November after they approved the final dividend of KShs 5.65 per share as recommended by the Board of Directors.

Winners of the Africa Investor Investment Awards Announced

Tuesday, October 28th, 2008

The winners of the 2008 Africa investor (Ai) Investment Awards were announced last night at a gala dinner of the 18th Conference of Africa’s Ministers of Trade and Industry held in Durban South Africa.

Standard Bank helps fund socio-economic development in Nigeria

Monday, October 27th, 2008

Construction on the multi-million US Dollar Nigerian Lekki-Epe Expressway, West Africa’s first toll road, is set to begin in earnest.

Treasurer’s Decision On Third Party Rail Access

Monday, October 27th, 2008

BHP Billiton expressed its disappointment in the decision announced today by the Federal Treasurer to ‘declare’ BHP Billiton’s West Australian Goldsworthy rail line.

Royal Bafokeng Holdings to assume control of the Bafokeng Rasimone Platinum Mine

Monday, October 27th, 2008

Anglo Platinum and the investment arm of the Royal Bafokeng Nation, Royal Bafokeng Holdings (RBH), have reached agreement to restructure the Bafokeng Rasimone Platinum Mine (BRPM) Joint Venture which includes the Styldrift Platinum project.

Anglo American’s Production Report for the third quarter

Monday, October 27th, 2008

Anglo American believes that its strong strategic position and the market fundamentals of its core commodities will continue to drive growth over the medium and long term, with constrained supply and growing demand led by the secular trend of urbanisation and industrialisation in China and other developing countries.

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