JOHANNESBURG, June 13 | Wed Jun 13, 2012 7:11am EDT JOHANNESBURG, June 13 (Reuters) – Growth in South Africa’s retail sales braked sharply to 1.0 percent on a year-on-year basis at constant prices in April, compared with a revised 6.7 percent in March, Statistics South Africa said on Wednesday. Stats S.A. said the year-on-year figure [...]
Pool photo by WpaPresident Joyce Banda of Malawi with Queen Elizabeth II on June 6 in London. ACCRA, Ghana — Well, that didn’t take too long. Just weeks after Malawi’s new president, Joyce Banda, began her charm offensive to the West, the International Monetary Fund is about to hand her a $157 million check. This [...]
South African Reserve Bank Governor Gill Marcus said policy makers will act without “fear or favor” on interest rates as it comes under pressure to reduce borrowing costs to boost economic growth. Monetary policy is limited in what it can do to stimulate the economy and low interest rates alone aren’t enough to spur growth, [...]
South African manufacturing production increased 1.2 percent in April from a year earlier, rebounding from a contraction in the previous month, the statistics office said. Factory output rose after shrinking a revised 2.9 percent in March, Pretoria-based Statistics South Africa said on its website today. The median estimate in a Bloomberg survey of 11 economists [...]
2012-06-01 10:24 Lagos – Authorities in Nigeria’s economic capital Lagos said on Thursday they had recalled all 788 doctors who were dismissed after they went on strike over pay. The doctors, including consultants and specialists, were fired on 07 May after going on strike on 16 April. Authorities said the strike was illegal. But Lagos [...]
JOHANNESBURG (Reuters) – South Africa‘s crude oil imports from Iran fell 43 percent to 286,072 tonnes in April from the previous month, customs data showed on Thursday, indicating Pretoria could be cutting shipments to avoid looming U.S. sanctions. South Africa has come under Western pressure to cut Iranian crude imports as part of sanctions designed [...]
Callixte Nzabonimana Convicted and Sentenced to Life Imprisonment The Trial Chamber convicted Nzabonimana of Genocide, Conspiracy to Commit Genocide, Direct and Public Incitement to Commit Genocide and Extermination as a Crime Against Humanity ARUSHA, Tanzania, May 31, 2012/African Press Organization (APO)/ – Trial Chamber III of the International Criminal Tribunal for Rwanda (http://www.ictr.org), composed of [...]
South Africa’s trade deficit unexpectedly grew for the first time in three months in April as mineral and metal exports slumped, the South African Revenue Service said. The shortfall expanded to 9.9 billion rand ($1.2 billion) from 5.5 billion rand in March, the Pretoria-based South African Revenue Service said today in an e-mailed statement. The [...]
JOHANNESBURG | Thu May 31, 2012 1:07pm BST JOHANNESBURG May 31 (Reuters) – South Africa’s crude oil imports from Iran fell 43 percent to 286,072 tonnes in April from the previous month, customs data showed on Thursday, indicating Pretoria could be cutting shipments to avoid looming U.S. sanctions. South Africa has come under Western pressure [...]
North Korea's new constitution proclaims its status as a nuclear-armed nation, complicating international efforts to persuade Pyongyang to abandon atomic weapons, analysts said Thursday.
JOHANNESBURG | Wed May 30, 2012 2:08am EDT JOHANNESBURG May 30 (Reuters) – Growth in credit demand by South Africa’s private sector braked more than expected to 7.33 percent year-on-year in April compared with a 9.16 percent rise in March, central bank data showed on Wednesday. Growth in the M3 measure of money supply, also [...]
South African credit growth slowed more than expected in April as consumer spending eased and a series of public holidays curtailed loan applications. Borrowing by households and businesses rose 7.3 percent, down from 9.2 percent in March, the Pretoria-based Reserve Bank said on its website today. The median estimate in a Bloomberg survey of 13 [...]
By DREW HINSHAW And LIAM PLEVEN DAKAR, Senegal—A military revolt in the tiny African nation of Guinea-Bissau is unsettling the market for prized cashew nuts. Some of the world’s tastiest cashews are rotting in roadside piles on rural byways leading to and from the capital of the wetland nation, where a recent military uprising has [...]
Divide Nigeria Peacefully OR by Civil War
The fact that Boko Haram has succeeded in waging war against Nigeria in total violation of the fundamental principles of society means Nigeria security arrangements have failed, and either the personnel are untrained or ill-equipped to meet the present and future threats to Nigeria territorial integrity The perpetual granting of amnesty to people who commit [...]
The Big Uniport Four (Jonathan, Amaechi, Wike & Princewill) And Way Out Of The Rivers Macabre Dance
The Big Uniport Four (Jonathan, Amaechi, Wike & Princewill) And Way Out Of The Rivers Macabre Dance By Eze Chukwuemeka Eze. ezemediaconcept08@rocketmail.com, 08038199163 PREAMBLE Sir Winston Leonard Spencer-Churchill was a British politician who was the Prime Minister of the United Kingdom from 1940 to 1945 and again from 1951 to 1955. Widely regarded as one [...]
In Africa’s Great Lakes region, peace dividend must follow peace deal
In Africa’s Great Lakes region, peace dividend must follow peace deal By Ban Ki-moon and Jim Yong Kim Africa’s Great Lakes region today has the chance to achieve something that has eluded its war-weary people for several decades. It can silence the guns, boost trust and trade between neighbours, educate millions of out-of-school [...]
Open letter to NGF: Do not betray your own
Open letter to NGF: Do not betray your own By Igwe Douglas It is allegedly the highest height of desperation if what is being reported in an online news website -http://abusidiqu.com about how the President of Nigeria, Mr Goodluck Ebele Jonathan wants to compel the Nigerian Governors’ forum to hold its election in the Presidential village [...]
EASYKOBO.COM presents Nigeria’s 1st Free NSE Stock Trials
Aug 9 (Lagos) –Easykobo Finance website welcomes you to the new and improved easykobo.com experience. In December 2010,Easykobo.com was formed during the financial crisis to bring a fresh approach to investing in the Nigeria capital markets, website was upgraded last month. Easykobo.com now features Nigeria’s first free Stock trials simulation with exciting prizes for winners [...]
Telkom SA joins IT Leaders East Africa Summit in September as platinum solution provider
The anticipated 2nd annual IT Leaders East Africa Summit will take place from 5 to 6 September 2012 in Nairobi; in the heart of Kenya’s esteemed capital city. The summit is produced and hosted by international business-to-business conferencing company, Kinetic Events in proud association with the Kenya ICT Board (KICTB) and Kenya Information Technology and [...]
Hennessy Artistry To Release Music Video For Bartender On August 17th
The video of the year is about to drop! Hennessy Cognac announced today, that acclaimed Film Maker, Clarence Peters has delivered the music video for ‘Bartender’, the historic Hennessy Artistry collaboration between Naeto C and M.I – two of Africa’s best Hip hop artistes. The video promises to be very exciting and arguably sets a [...]
CHIBUIKE ROTIMI AMAECHI AND THE RESOURCES OF RIVERS STATE – A SCORE CARD!
The main treatise of this attempt for avoidance of doubt is to examine and x-ray how Gov Chibuike Rotimi Amaechi of Rivers State has diligently and prudently managed the resources of Rivers State or otherwise. This becomes imperative considering the Punch Newspaper publication in its edition of [...]