CONTENTS NEWSFLASH

5 News Highlights 6 Agenda 7 Psst 8 South Africa Watchdog

FEATURES 9 Lagos Letter 10 Cover Story: Preferential Trade Area for Eastern & Southern Africa

10 PTA faces tough challenges 11 South Africa casts a shadow on the PTA

12 The private sector backs the PTA 12 The trouble with pulling down barriers

13 Howto use the PTA clearing-house

14 Gold: What’s in it for Africa? 18 Ethiopian air carrier turns a profit

A ^ Do you wonder

I w how you can link up to the PTA network? Wonder no more: In our cover story, ANDREW WEIR and PAULA PARK outline the procedure, step by step.

COUNTRY BRIEFINGS 23 Nigeria: Here we go a-“ second-tiering"

25 Kenya: Can tied aid be untied? 27 Mozambique: War-torn economy hits new low 29 Cote d’Ivoire: Foreign loans fuel industrial growth

31 Benin: Reopened border forces prices up 33 Central African Republic: Reform plan wins donor backing;

33 CAR inches towards civilian rule 36 Namibia: Mining profits help halt negative growth

37 Swaziland: Sanctions glare falls on kingdom 38 Tanzania: Static economy awaits joint action

BRAZIL & AFRICA SURVEY A Special 20-page Sponsored Supplement

SECTOR BY SECTOR 43 Agriculture: Nigeria cocoa move causes havoc;

43 Zambia cuts subsidies as producer prices rise;

44 Sudan livestock route raises hopes; 45 African tobacco growers could be losing out 46 Energy: Zaire company develops solar fridge;

46 Botswana steps up oil exploration 47 Infrastructure: Beira corridor freight “ costs less” ;

47 Freight company says Beira corridor is ready

48 Labour: Zambia showdown looms; 48 Mauritius sugar workers want wage rise 49 Manufacturing & Technology: Kenya firm will build soda plant;

49 Swiss firm invests in Madagascar 49 Market Network: Zaire cracks down on smuggling;

52 Mauritius signs US textile-export agreement;

52 Kenya introduces three new tipples;

53 Kenya beer hits US market;

54 Mining: Zimbabwe has alternative to South Africa's strategic metals 72 Transport & Communications: Ghana bus hosts tourists where the infrastructure isn't ready; 72 Liberia protests at Gulf ship attacks; 73 Zambia firms speed exports via Tanzania;

73 Uganda's P&T has a new broom

FINANCE & INFORMATION SURVEY 57 Risk Analysis: Gabon and Cameroon outrank South Africa 59 Data Exchange: How can Africa narrow the information gap?

63 Data Gap: The high cost of living without new technology

65 Data Bases: How you can get your hands on them too

69 Banking: Tanzania reforms test banks; 69 Tanzania bank will operate forex accounts 71 Insurance: Tanzania takes the regional initiative

BOOKS 74 Anatomy of a white elephant: the Zaire experience

A A Gold has been a source o f fascination I throughout history. MARK NICHOLSON analyses the gold market, present and future, and show s which African countries w ill gain and why. (There’s platinum on p54 a s well.)

{ T Q A f r i c a n w w econom ic planners need no longer negotiate in the dark. In three important, exclu s iv e articles, BRIAN MURPHY g iv es you the key to unlock privileged computerised information about your own countries and commodities. His detailed report show s you exactly where and how to tap in. A lso in our FINANCE & INFORMATION SURVEY, which begins on p57, are a risk-analysis report and profiles on banking and insurance.

African Business November 1986 3