Author: InvestAdvocate

Lehman creditors may file rival reorganisation plan

By Agency Reporter Wednesday, 15 Dec 2010 Creditors of Lehman Brothers Holdings Incorporated, including hedge fund Paulson & Company, may file a competing reorganisation plan for distributing the bank‘s assets, a person familiar with the matter said. The plan, which may be filed this week, according to Reuters, would come more […]

S’Africa‘s customer inflation rises above expectations

By Agency Reporter Wednesday, 15 Dec 2010 South Africa‘s targeted consumer inflation quickened slightly more than expected in November, but analysts said it was still likely to ease in coming months and could allow another interest rate cut. Statistics South Africa said on Tuesday that CPI accelerated to 3.6 per cent […]

IFAD approves $27.2m loan for farmers, women groups

By Our Correspondent Wednesday, 15 Dec 2010 The International Fund for Agricultural Development has approved $27.2m as loan to farmers in the country under the Rural Finance Institution Building Programme. Dr Steve Ogidan, IFAD Consultant and Team Leader of the 1st Joint IFAD/FGN Supervision Mission of the RUFIN programme, said this […]