CONTENTS NEWSFLASH 5 News H igh lig h ts 7 Quotable Quotes from 1987
8 A genda 9 South A fric a W atchdog
FEATURE 10 Zambian Agriculture: A multination a l moves in
COUNTRY BRIEFINGS 13 Central African Republic: M ixed ou tlo ok fo r fo u r export commodities
14 Kenya: Foreign exchange fra ud charges 16 Sao Tome: C ocoa rehabilita tio n program me 18 Botswana: Doubts about p roposed soda ash p lan t
19 Cape Verde: Funding fo r the f ishe rie s
20 Sierra Leone: Hard t im es persist 22 Ghana: P lans to re v ita lis e rice p roduction 23 Liberia: P residential review o f fo re ign in vestm ent
24 Uganda: Industry still hindered by lack o f forex 29 Guinea-Bissau: R eform s undertaken to help attract foreign in vestm ent
30 Cote d’Ivoire: P lans to break th e re lia nce on agricultural exports
SECTOR BY SECTOR 31 Agriculture: Z im babw e p lans o il palm p lan ta tion ;
31 New owners fo r Kenyan meat parastatal;
33 Ghanaian t im b e r boost; 33 Export o rde r fo r Kenyan macadam ia nuts 33 Banking & Finance: S udan's a u s te rity measures;
34 G hana's new urban com m un ity bank; 34 Energy & Mining: Revival of Mozam b iq ue ’s coal industry;
43 Rumours o f Kenyan oil d iscovery; 44 Kenya excavates sand fo r g lass-m aking 45 infrastructure: Kenya’s K ilim anjaro w a te r project; 45 T roub le s fo r Tanzania-based Rural D evelopm ent Centre;
45 E th iopian e le c t r ic ity expansion 46 Manufacturing & Technology: Z im babw e ’s manufacturing secto r grows; 46 Ownership change fo r Zambian ca r assemblers; 47 A frican representation a t Essential Drug Production sem inar;
47 Ivoirie n manufacture o f p la s t ic bags
47 Market Network: PTA summit; 48 T rade revives on S u d a n -Z a ire border 49 Transport & Communications: A frican ports' problem s;
49 E th iop ian bus contract; 50 A f r ic a ’s Fokker p lanes still to be serviced;
50 Tanzanian tru ck aid
1 /I ^W() Kenyan banks have been required to I stop trading in foreign exchange following the arrests of five bankers and two coffee traders on allegations of forex fiddles. Is this the tip of the iceberg? Meanwhile the Kenya Meat Commission is under new ownership, page 31, and Kenya’s oil scene is awash with rumours, page 43.
O P S o you have a O w beautiful beach or some wild animals, and you would like to earn some foreign exchange from tourism. Where do you begin? See A F s FOCUS ON TOURISM.
FOCUS ON TOURISM 35 Overview: Could you make money from tou rism too?
37 Checklist: A basic starting kit fo r tourism 39 Airports: T ips fo r welcom in g passengers 41 Seychelles: F rega te is land makes se lf- su ffic ie ncy a fine art
42 Africa Travel Association: Links to the US market
^ A s preparations " ¥ i are in hand for the sixth PTA Summit to be held in the newly-opened Kampala Sheraton, we review the progress and the problems o f the 15-nation grouping.
Cover Photo: A pa ir o f fa iry te rns, Bird Is land, Seychelles; photo by Linda
African Business December 1987 3