Vol.21 No.29

Tuesday 24 February 2004    

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Business Week
Nchindo calls for proactive measures against SI
DEBSWANA Managing Director Louis Nchindo, yesterday urged government to be proactive in its running battle with Survival International. As he poured praise the NBC’s programme Today Show for uplifting the image of the country’s tourism sector.

Mogae reveals plans to reduce economic dependency
PRESIDENT Festus Mogae said government will roll-out tailor made programmes to shore-up its aim of job creation and reduce dependency on the state.

Barclays presents first private bond in Tanzania
BARCLAYS Tanzania has announced its role as sole arranger, placing and fiscal agent of the first ever private sector bond issue in Tanzania. The Bond issued by Bidco Oil and Soap Limited, a Tanzanian Company was for TShs l0 billion and is a five-year instrument priced at 30 basis points above the five year government bond auctioned on January 14.

Key StanChart shareholder dies
SINGAPORE tycoon Khoo Teck Puat, the largest shareholder in Britain’s Standard Chartered Bank, has died at the age of 86. Khoo suffered a heart attack and died on Saturday night in a Singapore hospital.

  

 
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