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/ 12 October 2007

Inflation eats into world’s Eid celebrations

Last year, Maryam Juma marked the end of the Muslim holy month of Ramadan in style. She spent $40 on a goat, roasted the beast to perfection and invited 10 relatives over for a feast to celebrate Eid al-Fitr, the festival at the end of Ramadan. But this year, skyrocketing prices for staple foods and other goods have eaten into her budget.

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/ 19 July 2007

Zanzibar to privatise clove industry

Zanzibar will soon privatise its clove industry in a bid to revive what was once the Indian Ocean Islands’ main foreign exchange earner, the archipelago’s finance minister said on Thursday. Cloves were once the main foreign exchange earner on the so called ”spice islands”, but the industry collapsed in the 1980’s.