The issue of oil revenue transparency and accountability in several countries in sub-Saharan Africa came under the spotlight at a recent gathering of extractives industry leaders in London.
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Metropolitan Holdings has reported an 11 percent gain in first-half diluted headline earnings per share as the company boosted the value of new business by more than a third.
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Agriculture services company Afgri's full year diluted headline earnings per share rose 3%. Profit growth was limited by a bumper maize crop which led to lower prices.
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The manufacturing sector is back in expansion, according to figures released a short while ago. The Kagiso Purchasing Managers index rose to 50.3 index points last month
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Despite economic growth losing a bit of momentum, latest numbers out of Standard Bank show a more convincing pick up in house price growth over the last couple of months.
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There's concern in the market that a proposed wage settlement by government, if accepted by unions, could push the country's budget deficit higher. And that in turn could affect the country's credit ratings.
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The recent killing of a former militant leader in Nigeria's Niger Delta has raised concerns about the strength of the government's amnesty programme and how it will hold up months before general elections in January.
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Two words that are likely to loom large in Africa's future are energy and oil. The continent produces around 12 per cent of the world's oil and this share is likely to grow in the future.
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Striking state workers vote today on an increased wage offer made by the government to try to end a nearly three-week-old strike. The government has increased its offer to 7.5 percent from 7 percent - compared to the union demand for 8.6 percent.
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Numbers out of Pan African Resources this morning show a 29% increase in revenue from gold sales to 68.5 million pounds for the year to June. Headline earnings a share rose 26% to 1.07 pence.
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