CONTENTS
WHAT’S HAPPENING 5 ECOWAS conference, news and analysis
FEATURES 12 Islamic banking’s African campaign
14 Uganda’s recovery programme 16 French penetration of Anglophone Africa
17 African Development Bank: A new era
18 Shelter-Afrique’s foundations
21 IDA’S struggle for survival
BUSINESS BRIEFS 22 Namibia: Budget reflects decline 23 Kenya: Balance of Payments nightmare
24 Ghana: Grasp for economic realities
25 Sudan: Jonglei hit by fuel crisis 27 Flags of convenience: Stalemate conference
28 Zimbabwe: Investment code 29 Zaire: Mobutu plays amidst chaos
COMPANY NEWS 31 De Beers closure hits Lesotho 32 Africa’s contribution to RTZ profits 33 BENCO in Lesotho 35 Tinto leads SADCC trade
36 RVI African operations, Sudan contract
AIRLINES SURVEY 41 How African airlines have survived the crunch
43 Kenya Airlines 45 Zambia Airways 47 Lesotho Airways; North African airlines 48 Australia/Africa: Quantas 49 Air Briefs PORTS AND HARBOURS SURVEY 51 Nigerian import cuts hit the West Coast 53 Zaire 60 Kenya 63 Benin; Togo 65 Tanzania; Nigeria
COMMODITIES
66 Sugar: attempt to stop slide; Coffee Pact 67 Tin Pact;
Ugandan coffee 68 STABEX; Kenya cotton 69 Tanzania ammonia complex; Malawi sugar; Vegetable oils
NIGERIA NOTES 70 Reaction against cuts 71 Increased duties for SGS _______________________ LABOUR_______________________ 72 Sierra Leone labour under threat; Uganda’s internal labour disputes; Lesotho unions take on banks 73 Ugandan plantation wages; Kenyan factory deaths ____________ BOOKS____________ 74 Two economic reports on Nigeria
NEWS BRIEFS 75 News update, sector by sector
•4 O Islamic banking’s unique challenge to I established development financing in Africa. Dar-al-Maal’s campaign in West Africa.
■4 £ * While the media I whavebeen preoccupied with President Mitterrand’s tour of Francophone African states, France has been making economic strides in Anglophone Africa. Nigeria remains an important market and significant gains have been made in Ghana.
O Q Mobutu plays with international lobbies » w while Zaire slips deeper into economic chaos. How significant is US and Arab alienation?
African Business July 1982 3
