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Today's headlines
  • Online advertising boosts Ugandan publisher's earnings
  • Nigerian central bank raises interest rate
  • Ugandan science and technology researchers to get $2.2 million
  • Zimbabweans up in arms after price of beer rockets


  • Marketing
    AFRICA
    FORTUNE International editor discusses the 2007 Global Forum
    FORTUNE International editor Robert Friedman participated in a Q&A about the world's premier summit for chief executives, The FORTUNE Global Forum 2007, which will bring together more than 300 global participants in New Delhi, India from 29 - 31 October 2007.


    Advertising
    UGANDA
    Online advertising boosts Ugandan publisher's earnings
    Increased website advertising revenue played a major role in pushing up profits of newspaper publisher the Vision Group, by 17%. The printing and publishing small-cap equity posted a profit before tax of Ushs4.7 billion this year up from over Ushs3.6 billion in 2006.


    Mobile
    NIGERIA
    Celtel introduces 0708 combination
    [Remmy Nweke] Celtel Nigeria has introduced a new mobile access code 0708 into the industry, with a target of another 10 million subscribers.


    Research
    UGANDA
    Ugandan science and technology researchers to get $2.2 million
    [Walter Wafula] Institutional research teams have an opportunity to be in line for at least $2.2 million (over Ushs3.8 billion) in grants, for writing excellent scientific and technological research proposals that can help Uganda achieve a science and technology-led growth, instead of agriculture.


    Retail
    NIGERIA
    Nigerian central bank raises interest rate
    The Nigerian central bank has raised its benchmark interest rate MPR from 8% to 9% because of rising inflation, officials said on Thursday, 4 October.

    ZIMBABWE
    Zimbabweans up in arms after price of beer rockets
    Days after Zimbabwe's central bank governor said low beer prices were turning the country into “a nation of drunkards”, the country's main beer supplier increased prices by more than 200 percent on Friday, sparking uproar from imbibers.


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    Quotes
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