CONTENTS

____________ NEWSFLASH____________ 5 News Highlights 6 Agenda 7 Psst 9 Quiz

10 South Africa Watchdog

_____________ FEATURES_____________ 11 ACRM: New aim to boost raw material markets

12 Tobacco:A doctor's view on smoking

17 CDI: Regional co-operation focus 18 The Black Market: Who wins and loses

In January, we turned the spotlight on tobacco in Africa from the tobacco companies’ perspective. Now, we share with AB readers the views o f an eminent physician, DR KEITH BALL o f Central Middlesex Hospital in London, on the subject

_______________ SECTOR BY SECTOR______________

23 Agriculture: Zambia predicts bumper maize crop

23 Zambian brewery tries growing barley locally

23 Ghana spruces up cotton sector 24 Banking & Finance: World Bank praises Botswana bank

29 Harare stock exchange offers big profits 29 Zambian bank aims to curb cheque fraud

31 Kenyan bank held no reserve fund 31 Ghana inches closer to stock exchange 32 Energy & Mining: Kenya gem miners want ban lifted

32 Ghana tackles oil-fraud losses 33 Manufacturing & Technology: Zambian fertiliser plant awaits late funds 33 Zambian firm makes more tarpaulins 34 Kenya seeks local edible-oil output 35 Market Network: Population rises as production falls

35 Zambia unveils tourism plans 36 US travel group cancels Senegal trip

36 Ghana overhauls import system

38 Transport & Communications: Disasters strike Kenya railway

38 Ghana issues new shipping guidelines

_________ COUNTRY BRIEFINGS_________

39 Mozambique: Donors support recovery effort 40 Zimbabwe: Planners set sights on foreign investors

42 Uganda: Seminar addresses privatisation issue

43 Zambia: Chanyanya scheme builds houses

44 Thirsty Zambians want the real thing 45 Mauritius: Tourism planners will aim high 48 Botswana: Small industries cry out for skills

49 Botswana's foreign reserves grow

BOOKS 50 Breaking the poverty trap

A C Europe’s Centre for the Development of I w Industry (CDD held a five-day meeting in Lagos to discuss the financing o f industrial projects in West Africa.

Zimbabwe has at long last unveiled its blueprint for investment and economic reform - just in time to present it to a packed house o f potential British investors at a seminar in London 12 May, addressed by Finance Minister Bernard Chidzero.

Cover: Drawing by Chris Price.

African Business June 1989 3