CONTENTS NEWSFLASH 7 News Highlights 8 Agenda 9 Psst
11 South Africa Watchdog
FEATURE 12 Uganda Tourism: Rehabilitation has begun at three national parks
__________COUNTRY BRIEFINGS_________
14 Mozambique: Beira city is a beehive of activity 16 Zimbabwe: Budget spending is still "too high" 18 Rwanda: Banana-squeezer brews better beer
19 Niger: Rice ambitions move ahead 20 Mauritius: Business enjoys a “ no-tax era" 20 Zaire: Farm scheme hopes to feed Shaba 25 Madagascar: Export growth poses major challenge 25 Liberia: Business groups react to government policy measures
27 Cote d'Ivoire: "The dialogue continues" on debt 28 Nigeria: Advertisers wage the battle of the billboards as warehouses fill up
_____________ SECTOR BY SECTOR_____________ 33 Agriculture: Zimbabwe plans to export gum; 33 Zambia plans revival of cotton & wheat; 33 Self-help project thrives in Liberia;
34 Sudan builds grain silos and matamir 34 Banking & Finance: Somalia's foreign-exchange auctions mark first year; 35 Kenyan banks battle for customers
36 Energy & Mining: Zimbabwe's gold resources attract Australians;
36 Malawi plans to export sapphires & rubies;
36 Oil-support firm expands in West Africa 40 Infrastructure: Malawi plans for future power needs;
40 Benin water project gets European funding
41 Manufacturing & Technology: Nigeria's first-ever exports of ammonia leave new fertiliser plant; 41 Heinz re-thinks Zambian investment 43 Market Network: Nairobi show expects record turn-out;
43 The right flowers Africa should grow for Europe;
43 Malawi looks to increase exports
66 Transport & Communications: Telecommunications in Nigeria;
66 New move challenges protectionism in West African shipping;
66 Ghana steps up port security; 67 Uganda telecom reschedules debt;
67 Kenya introduces phone cards;
67 African jet hijacking
TANZANIA SURVEY 49 Overview: Economic policies show positive signs
51 Tanzanian Economic Indicators 52 Debt: Rescheduling for a breathing space
56 Map
57 Trade: Government incentives to increase exports;
57 PTA: Imbalance of trade 59 Minerals: Gold and diamonds continue to glitter 60 Development Plan: Preparing a solid base for recovery
61 Agriculture: Farmers face challenging times ahead
62 Zanzibar: Casting around for foreign investment 63 Transport: Green light for positive development 64 Industries: Small manufacturers hope to produce more
65 Company Profile: Radiator-makers beat the odds
FOCUS ON REGIONAL BANKING 69 PTA Clearing-House: Encouraging trade and facilitating payment
71 East African Development Bank: Future prospects look optimistic for EADB
72 West African Development Bank: Diverse approach to increase capital
H Q A t the forefront of UGANDA’Sattempts to
I ™ re-build its tourist trade is the rejuvenation of the Queen Elizabeth National Park. With EEC backing, one of the most beautiful areas of Africa is now beginning to return to its former glory.
A In the midst of I w the most serious economic slump to strike Zimbabwe since independence, Finance Minister Bernard Chidzero has resorted to an austerity budget for 1987/88. Is the budget bold enough to encourage investment, stimulate demand and create jobs?
A C? At long last, the “ TwTanzanian economy may possibly have turned the comer. In our 21-page TANZANIAN SURVEY, we explore the reasons behind the optimism, including the developments being made in mining, agriculture, transport and the small manufacturing sector.
Cover Photo: Dar es Salaam harbour; photograph by Alan Rake.
African Business September 1987 5