ISI Intellinews



Title:

South Africa's Standard Bank looks to list Zambian subsidiary on Lusaka exchange:

Price:$10.00
Publication Date:Jul 24, 2008
Source:Intellinews - Africa
Abstract:South Africa 's Standard Bank has announced plans to list its Zambian subsidiary, Stanbic Bank Zambia , on the Lusaka exchange. The bank also plans to position itself as a major financier of Chinese companies operating in Zambia - particularly in copper and cobalt mines - which is seeing growth due to tax breaks as Zambia waives customs duty and VAT on imported equipment for Chinese firms planning to invest in the Chambishi economic zone.
Length:1 Pages
Industry:Finance and Insurance
Topic:Economic
Countries:Kenya, Nigeria, South Africa, Sub-Saharan Other
Language:English
Format:HTML HTML
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ISI Intellinews

IntelliNews, the editorial arm of ISI Emerging Markets, delivers market moving news and reports in English for over 15 countries in Central and Eastern Europe, as well as regionally for the Middle East/ North Africa, Nigeria/ Ivory Coast, Sub-Saharan Africa, and Asia. At the core of the IntelliNews service are the daily reports. Each report is a two-page summary of the main market-moving events in a given country. Distributed 5 days a week, these dailies combine news, analyses, comments and forecasts, focusing on macroeconomics and country-specific politics, as well as major financial and corporate news.

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