New moves to curb vehicle imports Nation | The government has announced new measures to curb vehicle imports so as to save foreign exchange in view of rising commodity prices. | The Ministry of Finance said no new licences for car hire operators will be granted for the time being, and there will be a levy on vehicles at the point of import...
GE in $8bn Abu Dhabi investment BBC News | General Electric (GE) is joining forces with Abu Dhabi investment firm Mubadala Development to provide $8bn (£4bn) of finance in the Middle East and Africa. | The move is part of plans by the US industrial conglomerate, which covers jet engines to healthcare and media, to seek out higher growth ar...
Verenex Energy Provides Libyan Drilling Update Rig Zone | Verenex Energy Inc. provided an update of its operational activities in Libya which continue to deliver excellent results. | The Company remains on track to drill 11 to 12 exploration wells in Area 47 in 2008 utilizing two drilling rigs...
Poly Students in Financial Squeeze All Africa Polytechnic of Namibia (PoN) students receiving financial assistance from the Ministry of Education almost had their hopes of further education dashed when the institution could not register them because of insufficient tutorial fees. | ...
CBN to Review New Financial Year End for Banks All Africa Indications emerged yesterday that the Central Bank of Nigeria (CBN) may review the December 31 uniform financial year end stipulated for all banks and discount houses in the country in view of attendant astronomical interest rate occasioned by the p...
Protesters hand memo to MEC News24 | Johannesburg - A second memorandum was handed to MEC for local government Qedani Mahlangu by Congress of SA Trade Union members protesting over rising prices in Johannesburg on Wednesday. | Cosatu's Gauteng secretary Siphiwe Mgcina delivered the do...
Water interruptions for Parkmore News24 | Johannesburg - Water supply to Parkmore will be interrupted next week, Johannesburg Water said on Wednesday. | The scheduled interruption would take place next Monday and affect 10th Street between Victoria and Helena avenues from 08:00 to 16:00, s...
Cosatu protests hit 4 provinces News24 | Johannesburg - Tens of thousands of workers downed tools in four provinces on Wednesday to voice their "disgust" with rising living costs. | Commuters were left stranded while mining industries and essential services ground to a near halt as the Co...
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'Food prices will stay high' Independent online | By Gershwin Wanneburg | Food prices will not fall any time soon as farmers contend with stubbornly high production costs like oil prices, a prominent agricultural economist says....
Libya acts against Switzerland News24 | Geneva - Libya has been taking "worrying retaliatory measures" against Switzerland since the arrest of the youngest son of Libyan leader Muammar Gaddafi for allegedly beating two of his servants, the Swiss Foreign Ministry said on Wednesday. | It s...
Mugabe needs a 'peaceful exit' News24 | London - Zimbabwean President Robert Mugabe may need to be allowed a "peaceful, decent exit" to resolve the country's political crisis, Kenya's Prime Minister Raila Odinga said on Wednesday. | The comments by Odinga - who himself heads a government...
Zimbabwe power-sharing talks to begin 'in earnest' The Guardian | Robert Mugabe, left, and Morgan Tsvangirai shake hands after signing a memorandum of understanding in Harare. Photograph: Tsvangirayi Mukwazhi/AP | Negotiations on a power-sharing deal in between 's ruling party and its main opposition will begin t...
'Rasool's departure bad news' Independent online | Western Cape premier Ebrahim Rasool's removal from office is bad for the provincial government and the City of Cape Town, which has to work with the province, city mayor Helen Zille said on Wednesday. | Rasool's resignation and replacement by Finan...
Kenyan PM leaves for Britain to press for post-election investment Turkish Press | A Kibera slum resident in Nairobi, seen here during election in early April, shouts as he holds a poster showing the image of recently elected Kenyan prime minister Raila Odinga. Odinga has flown to Britain for a three-day official visit to seek investment for his country, struggling to recover from the impact of post-election violence | (AFP/Fil...
Kenyan PM leaves for Britain to press for post-election investment Turkish Press | A Kibera slum resident in Nairobi, seen here during election in early April, shouts as he holds a poster showing the image of recently elected Kenyan prime minister Raila Odinga. Odinga has flown to Britain for a three-day official visit to seek investment for his country, struggling to recover from the impact of post-election violence | (AFP/Fil...
