AfricanBUSINESS

May 1995 Num ber 199

S .A FR ICA : Squaring th e B u d g e t C irc le NIGERIA: Bank Balloon Bursts KENYA: G o ld e n b e r g - The Noose Tightens BURUNDI: Lethal G o ld NAMIBIA: G e a r in g up fo r EPZ Boom ECOTOURISM: Ethical Profits?

WHY BRITISH COMPANIES ARE QUITTING AFRICA

and Minerals

~ H i ■ ' ’ • 1 * ference

977014139200505

9 770141 392005

A u s t ra l ia A $ 4 .5 0 B a h ra in BD 1 .0 0 0 C a n a d a C $ 3 .5 0 C F A Z o n e C F A 8 0 0 C y p ru s C £ 1 .2 0 D e nm a rk D K r2 5 E g yp t E £ 5 .5 0 E th io p ia B R 1 5 .0 0

SPECIAL REPORT MOZAMBIQUE: A GIANT IN CHAINS

G am b ia Da16 G e rm a n y Dm 5 .5 0 G h a n a C e 1 ,400 I ta ly L 3 ,0 0 0 J a p a n ¥7 0 0 J o rd a n J D 1 .0 00 K e n y a K s h 1 0 0 K uw a i t FS 8 0 0

L e b a n o n U S $ 1 .7 5 L ib y a L D 0 .8 0 0 N e th e r la n d s DFI 5 .9 5 N ig e r ia N 5 0 .0 0 O m a n OR1 P a k is ta n PR40 Q a ta r Q R 1 0 .0 0 S a ud i A ra b ia S R 1 2 .0 0

S o u th A f r ic a R 7 .5 0 Sw e d e n : SKr21 S w i tz e r la n d : S F r7 ,5 0 T a n z a n ia T s h 1 ,000 T u n is ia T D 1 .5 0 T u rk e y T L 2 5 .0 0 0 U AE DhlO.OO UK £ 1 .9 0

U SA $3 .5 0 R e p u b l ic o f Y em e n YR 3 5 Z a m b ia Z K 1 .5 0 0 Z im b a b w e Z $ 8 .0 0 In c T a x