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Fri May 18, 2012 11:50am EDT * Top-40 index down 1.3 pct to 29,212.42 * All-share down 1.2 pct to 33,148.39 * More selling ahead -fund manager JOHANNESBURG, May 18 (Reuters) – South African stocks fell 1.3 percent on Friday, booking their worst weekly performance in six months, as investors continued to hit shares of [...]
South Africa’s economic growth in the first quarter will probably be slower than forecast after weak mining and manufacturing production, and retail sales data, Finance Minister Pravin Gordhan said. “Output growth in the first quarter of this year was slower than we forecast at budget time,” Gordhan told lawmakers in Cape Town today. This was [...]
By DONNA BRYSON, Associated Press – 1 hour ago BLANTYRE, Malawi (AP) — President Joyce Banda declared Friday she wants to repeal Malawi’s laws against homosexual acts, going against a trend in Africa in which gays are being increasingly singled out for prosecution. Banda, who assumed the presidency in April when her predecessor died, made [...]
BUFFALO, N.Y. — FBI Special Agent Harold Haberfeld’s ill-fated mission to North Africa during World War II was so secret that even now, 69 years after the plane crash that kept him from completing it, his home bureau in Buffalo isn’t entirely sure what his role was. As Buffalo agents dedicated a memorial in Haberfeld’s [...]
By JULIE PACE, Associated Press – 1 hour ago WASHINGTON (AP) — President Barack Obama on Friday said the United States has a “moral imperative” to lead the fight against hunger and malnutrition in Africa despite shrinking national budgets around the world. Obama announced $3 billion in private sector pledges to help boost agriculture and [...]
(Washington, DC) – Honduran and US authorities should ensure a prompt, thorough, and impartial investigation of the alleged killing of four civilians and wounding of four others during a joint counternarcotics operation in the …
Nani unafraid of meeting Germany in Euro 2012 group stage. The creative winger has said that Joachim Low’s side will have to be wary of the Seleccao’s worth and added that he wants to play a big role in the tournament …
A few years ago, Eveready East Africa had an initial public offering of 30% of its issued (63 million) shares. The issue came hot on the heels of the Kengen IPO, probably hoping to capitalise on Kenyans’ excitement in the stock …
Little wonder the top international fashion houses such as Bubbery, Marchesa, Boxing Kitten have all featured African prints in their collections…
LOS ANGELES, California – Green Globe announced certification of the Carlton Hotel Guldsmeden and the Axel Hotel Guldsmeden. These hotels located in Copenhagen, Denmark , are the first two of seven properties of the …
I had mail from Matt at Challenge Africa , a UK charity (Reg: 1130522) which is raising money for two schools in Africa , one in Kenya and one in Tanzania. They’re raffling off a Raspberry Pi as part of their fundraising effort, so if …
Discrimination and persecution against individuals because of their sexual orientation is increasing across sub-Saharan Africa .
A campaign on Unglue.it is seeking to raise $7500 to pay for a Creative Commons Attribution-only licensed edition of Oral Literature in Africa , an out-of-print classic on the subject that is widely sought by African libraries.
LONDON | Thu May 17, 2012 12:56pm EDT LONDON May 17 (Reuters) – The Kenyan shilling is likely to come under pressure in the days ahead due to turmoil in the euro zone and corporate demand for dollars, while offshore investor participation in a Ugandan bond auction next week could help its shilling. KENYA Kenya’s [...]
South African Energy Minister Dipuo Peters said she wants the country’s shale-gas reserves to be tapped if the process can be undertaken safely. The government last year halted plans for hydraulic fracturing as it studied the environmental repercussions of allowing companies including Royal Dutch Shell Plc (RDSA), Falcon Oil Gas Ltd. (FO) and Bundu Oil [...]
STATE DEPARTMENT – As host of this week’s summit of the world’s Group of Eight leading industrial nations (G8), President Barack Obama has put African food security on the agenda. Food security remains a recurring problem across Africa, despite hundreds of millions of dollars in foreign aid each year. The Horn of Africa endured a [...]
By DONNA BRYSON, Associated Press – 44 minutes ago JOHANNESBURG (AP) — South Africa’s governing party said Thursday it will demand the removal of a painting from an exhibition by one of the nation’s best-known artists that ridicules the party and the president with graphic and provocative imagery. Brett Murray’s sculptures and paintings, in an [...]
Thu May 17, 2012 11:42am EDT * Gold miner’s marginal tax rate cut to 34 from 43 pct * Ruling ANC still mooting mine tax hikes By Ed Stoddard JOHANNESBURG, May 17 (Reuters) – As African governments seek to extract more revenue from their mining sectors, the continent’s biggest economy has given gold producers a [...]
By Sarah Young LONDON | Wed May 16, 2012 9:43am EDT LONDON (Reuters) – Western companies announced finds of huge additional quantities of gas off the coast of Mozambique and Tanzania, cementing the future of East Africa as a major new supplier exporting liquefied natural gas (LNG) to energy-hungry Asia. Italian oil group Eni (ENI.MI) [...]
South African retail sales growth was little changed in March and sales declined in the first quarter, damping chances of faster economic expansion in Africa’s largest economy this year. Sales rose 6.8 percent from a year earlier compared with a revised 6.7 percent increase in February, Pretoria-based Statistics South Africa said on its website today. [...]
Greenpeace’s Unusual Apple Campus Protest Article source: http://www.huffingtonpost.com/2012/05/16/south-africa-rhino-horns-seizure_n_1520167.html
JOHANNESBURG, South Africa — Africa’s rapid economic growth has helped change the stereotype of a hopeless continent of starving people waiting to be rescued, but it has also created an intense need for strong managers, according to a report released Tuesday. Poor management is hurting the effectiveness of global multinational corporations, major local companies, governments [...]
(CNN) — Under fire for his comments on apartheid, former South African President F.W. de Klerk clarified his position again Wednesday, saying that he repudiates the system of racial segregation as unacceptable. “I have no residual belief in, or attachment to, separate development,” de Klerk told CNN’s Christiane Amanpour. “Whatever the intentions may have been, [...]
Inflation was notably higher in April than the 6.7 percent increase expected by economists.
Second regional event held to thank religious liberty advocates.
Earlier today, following the decision taken on 23 March 2012 by the Council of the European Union to allow the EU Naval Force to take disruption action against known pirate supplies on the shore, EU forces conducted an …
Two Indian airlines were among the 10 that failed to submit data on carbon emissions to the EU.
EPRDF regime’s self image of ethnically Balkanized Ethiopia , ruled by Dictator Melese Zenawie. Where Freedom of Press is Dead in divided in Ethnically based irridentism. The fertile land of the country is grabbed by foreign …
England boss Stuart Lancaster has hinted that fly-half Toby Flood will be ruled out of the entire tour of South Africa if he is not fit for the first Test with the Springboks on June 9.
Read More Here : EAST AFRICA – Ophir's conundrum over Dominion – Africa Energy …
Net] Nairobi – A four-year project aimed at addressing the lack of knowledge about the impacts of climate change on food security, livelihoods and economic prosperity in mountain ecosystems has been launched in East Africa …
In October 2011, HP opened the East African Computer Recycling Company (EACR) in Mombasa, Kenya, in partnership with Camara Education. Kenya produces 3000 tonnes of e-waste annually – waste that on the one hand can cause great …
NAIROBI, Kenya, May 16, 2012/ African Press Organization APO/ — The Business Call to Action BCtA, will host a panel discussion and reception featuring senior representatives from two of Kenyas leading companies, Equity …
Last month, the AND1 Live Tour (formerly the AND1 Mixtape Tour) went on a three-week tour of East Africa sponsored by Sprite, hitting Kenya, Zimbabwe, Tanzania, Ethiopia, Burundi and Uganda to spread love and put on a …
(Beirut) – Bahraini authorities should drop politically motivated criminal charges against Nabeel Rajab, a human rights activist, and release him immediately.
The May issue of L’Uomo Vogue is entirely dedicated to Africa . According to the press release, L’Uomo Vogue decided to underline the positive side of the.
[Episcopal News Service] The Rev. Burgess Carr, a Liberian-born priest who in the late 1980s served as the Episcopal Church’s partnership officer for Africa and who for seven years in the 1970s headed the All Africa Council …
But in sub-Saharan Africa , growth for the region as a whole has remained reasonably strong (around 5 percent), except for 2009 – where the decline in world output and associated shrinking of world trade pushed Africa’s …
As Africa’s population nears India’s, consumption and urbanization far exceed India.
West Africa, the world’s largest cocoa-producing region, will get rains over the next seven days, potentially helping pod development as harvesting of the smaller of two annual crops starts in Ivory Coast, according to the U.S. National Oceanic and Atmospheric Administration. Most of top growers Ivory Coast and Ghana will get 30 millimeters (1.2 inches) [...]
South Africa announced a 5.75 billion rand ($700 million), three-year program to boost investment in manufacturing and raise economic growth in Africa’s biggest economy. Eligible companies can apply for capital-investment grants and funding to improve their competitiveness and energy efficiency, Trade and Industry Minister Rob Davies said in a speech in Cape Town today. The [...]
The Nigerian Stock Exchange All-Share Index (NGSEINDX) fell 0.6 percent to 22,422.43 by the close in Lagos, according to data compiled by Bloomberg. Kenya’s All-Share Index (NSEASI) gained for a third day, rising 0.2 percent to 63.74 in Nairobi. Mauritius’s SEMDEX Index (SEMDEX) climbed 0.1 percent to 1,808.32 in Port Louis. The FTSE/Namibia Overall Index [...]
JOHANNESBURG – South Africa’s main opposition party called a march Tuesday to make a point about economic policy, but ended up facing rock-throwing counter-protesters in scenes that illustrated that democracy and traditions of political tolerance are still young 18 years after apartheid was toppled. Democratic Alliance leader Helen Zille led the march of hundreds of [...]
By JOE MWIHIA, Associated Press – 1 hour ago NAIROBI, Kenya (AP) — Sub-Saharan African nations will not be able to sustain their accelerated economic growth unless they eliminate hunger, the U.N. said in a report Tuesday. Many sub-Saharan economies are growing fast but the growth rates have not translated into significant hunger reduction, said [...]
DAKAR – American President Barack Obama’s public support for same-sex marriage has sparked criticism in sub-Saharan Africa, where gay men and women continue to face discrimination, violence and jail time in many countries because of their sexual orientation. President Barack Obama’s endorsement for gay marriage has prompted debate in the United States and condemnation in [...]
Welcome to the new Africa, we’re told, ready for takeoff. Indeed, Africa on the whole is emerging impressively from its “lost decades” of the 1980s and ’90s. Whereas just three countries had multiparty systems in 1990, today most do. Africa’s strongmen are fewer. There are armed conflicts in only a handful of African nations. Gender [...]
This is Africa Water Week. Government and development agency representatives and others are meeting in Cairo to mark the occasion. One of the main topics is improving water and sanitation services on the continent. The International development organization WaterAid is one of the main organizers of the Cairo meeting. “This is, we can say, the [...]
By Agnieszka Flak JOHANNESBURG | Mon May 14, 2012 11:26am EDT JOHANNESBURG May 14 (Reuters) – It is five o’clock in the evening in South Africa and the computer dials at the nerve-centre of state electricity firm Eskom are cranking towards the red as millions of people get home and turn on their heating, hot [...]
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