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Mozambican parliament begins debate on new tax law

The Mozambican parliament on Thursday passed the first reading of a government bill amending the tax codes, which, it said, was to simplify the country's tax system and make it more socially just

DRC and Angola plan to build a bridge linking the two countries

The Angolan Ambassador to DR Congo, Mawete Joao Bap tista, announced here Monday November 12th the governments of the two countries plan to build a bridge over the Congo river linking the Angolan city of Soyo in Cabinda and the province of Lower Congo.

Foreigners acused of looting precious stones in Mozambique

Large numbers of foreigners are being accused of looting precious stones from Nhampassa in the central Mozambican province of Manica

Official condemns govt. decision to lease Maputo port

The Mozambican government's decision to lease the port of Maputo to a private company was a serious mistake,

Morocco, Angola form friendship association

Moroccan and Angolan businessmen announced here the crea tion of a friendship association which aims at intensifying economic and cultura l exchanges between both countries, reported local press Friday.

Mali, World Bank to start consultations

The Malian government and the World Bank are expected to start consultations on the 2008-2011 Country Assistance Strategy (CAS) 12 November in Bamako, the Ministry of Economy, Industry and Trade said in a statement made available to PANA Thursday.

‘Lake Kivu can be vital energy source in the DRC’

The Lake Kivu, with its renewable methane reserves estimated at 55 billion cubic metres and nearly 40 billion tonnes as much in oil, could be a significant source of energy for the Democratic Republic of Congo

Equatorial Guinea joins league of gas exporters

Equatorial Guinea joined the league of global natural gas exporters, launching its first Liquefied Natural Gas (LNG) train into the market.

CFA 1,250 million for microcredits in Benin

The West African Development Bank (BOAD) has granted Benin a CFA 1,250 million loan to support the microcredit program for the poor

Zimbabwe records increase in export earnings

Zimbabwe said export earnings rose 40.1 percent in the first eight months of the year to USD1.1 billion compared to the same period last year

Gabon passes draft bill to overhaul tax code

The government of Gabon has adopted a draft bill to rewrite the country's general tax code, according to an official statement

Unemployment rate up in Mauritius

Mauritius' central statistics bureau has revealed that unemployment rate in the island stood at 9.2% in the first quarter of the year, against 9.1% in the same period last year
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