VENTURES AFRICA – Turkey and Ghana have indicated commitment to increase bilateral trade from $500 million to $1 billion by 2015. Aydin Nurham, the outgoing Turkish Ambassador to Ghana, disclosed this when he paid a courtesy call on Ghana’s president John Mahama in Accra yesterday. President Mahama on his part indicated that Ghana and Turkey [...]

VENTURES AFRICA – JSE-listed Tongaat Hulett on Friday said it posted a 15 percent surge in its earnings in the year to March, thanks to an increase in sugar production. The agri-processing firm said diluted headline earnings per share moved up to 942.3 cents from 819 cents. Total sugar output gained 9 percent to 1.254 million tonnes. [...]

VENTURES AFRICA – The South Africa government is expected to publish a request for information from potential international, domestic technology and investment partners on Friday for its pharmaceutical company after Swiss investor Lonza, pulled out. The state-owned pharmaceutical company will manufacture key ingredients for AIDS drugs. Bussiness Day (SA) reported on Friday that the department [...]

VENTURES AFRICA – South Africa’s president, Jacob Zuma warned on Thursday that the current labour strikes in the mining sector ran the risk of running down the South African economy. He made this comment in the National House of Traditional Leaders in Parliament as the country was bracing itself for yet another wave of strikes [...]