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 2012-02-04 06:40     AllAfrica.com    Zimbabwe: Nigerian Court Restores Econet's Shareholding
[Zimbabwe Independent] A NIGERIAN Federal High Court has reinstated Econet Wireless International (EWL)'s 5% shareholding in Bharti Airtel Nigeria Ltd after the Zimbabwe-incepted mobile phone operator challenged the legality of a board meeting that usurped its shareholding in the West African counterpart....

 2012-02-04 06:00     AllAfrica.com    Zimbabwe: NSSA Acquires 60 Percent Stake of RMB
[Zimbabwe Independent] NATIONAL Social Security Authority (NSSA) has acquired a controlling stake in ReNaissance Merchant Bank (RMB), businessdigest has established....

 2012-02-04 05:40     AllAfrica.com    Zimbabwe: Finally Zinara Notices the State of the Roads
[Zimbabwe Independent] 'CHINA has pledged to support the 'just position' of African countries in various international forums saying it was opposed to the 'big, strong and rich countries bullying the small, weak and poor' of the world," the Herald reported on Monday....

 2012-02-04 05:40     AllAfrica.com    Zimbabwe: ZsSE Can Be the Hub for Economic Growth
[Zimbabwe Independent] THE Zimbabwe Stock Exchange (ZSE) can be the driving force behind economic growth in our country if utilised to full capacity. Empirical evidence has shown that stock markets are indeed the epicentres for economic growth and general improvement in the welfare of the habitats of world economies....

 2012-02-04 05:40     AllAfrica.com    Zimbabwe: RBZ Biggest Risk to Financial Services Sector
[Zimbabwe Independent] IN his monetary statement this week, Reserve Bank Governor Gideon Gono outlined a number of measures that the central bank would undertake in order to manage or contain risk in the financial sector. One couldn't agree with him more....

 2012-02-04 05:40     AllAfrica.com    Zimbabwe: U.S.$100 Billion Economy for Country By 2040
[Zimbabwe Independent] Growth is a decision......

 2012-02-04 05:00     AllAfrica.com    Zimbabwe: Lukewarm Results for TSL
[Zimbabwe Independent] TSL Limited released a moderate set of full year results to October 2011, reporting a profit of US$1,8 million. "The decline in operating profit was attributable to lower than expected tobacco output, increased operating costs and downward pressures on selling prices," the company said in a statement accompanying its financial results....

 2012-02-04 05:00     AllAfrica.com    Zimbabwe: Is the Banking Sector Really Safe and Sound?
[Zimbabwe Independent] IT took a lot of effort to attract deposits back into the system after dollarisation. Coming from a background where most people had lost their savings in the banks due to hyperinflation, no one was willing to go through the same predicament again, especially with US dollars....

 2012-02-04 04:40     AllAfrica.com    Zimbabwe: Gono Warns Banks Against Regulatory Arbitrage
[Zimbabwe Independent] RESERVE Bank of Zimbabwe chief Gideon Gono warned banking institutions this week to desist from indulging in regulatory arbitrage through their associate entities in group structures, adding that the central bank would be playing a more active supervisory role in the activities of holding companies....

 2012-02-04 03:40     AllAfrica.com    Zimbabwe: Bloated Civil Service Is Beyond Govt's Means
[Zimbabwe Independent] IT is wholly understandable that Zimbabwe's civil servants are disgruntled, dissatisfied and infuriated at their employer because of the substantial inadequacy of their remuneration....

 2012-02-04 03:00     AllAfrica.com    Zimbabwe: TN Acquires Controlling Stake in Pelhams
[Zimbabwe Independent] TN Financial Holdings Ltd (TNFH) has acquired a majority stake in Pelhams, in a deal that positions the diversified group as controlling the country's largest furniture retail company. CEO Tawanda Nyambirai told businessdigest this week his group had bought an additional 22% stake in Pelhams....

 2012-02-04 03:00     AllAfrica.com    Liberia: Fan Milk Management Confirms Child Labour
[Analyst] Following claims made by a group calling itself “Intellectual Alliance of Liberia (IAL)”, who recently accused the Management of the Fan Milk of abuse of children rights in the country, the Management of the company, through its Manager Uomah Brown Witherspoon, has confirmed that children under the ages of 18 years are seen on a daily basis selling Fan Milk in the streets but blamed the action on the company’s agents....

 2012-02-04 02:40     AllAfrica.com    Zimbabwe: Rio-Zim Under Pressure
[Zimbabwe Independent] BANKS owed more than US$50 million by RioZim Ltd have hired lawyers to place the mining group under judicial management, businessdigest has established....

 2012-02-04 02:40     AllAfrica.com    Zimbabwe: Sustainability in Agro and Farming Business
[Zimbabwe Independent] THE history of Zimbabwe's economy cannot be separated from its past agricultural successes in Africa in the 1980s and 1990s. While today things have changed, the future of farming now lies in the presence of sustainable agricultural processes....

 2012-02-04 02:00     AllAfrica.com    Uganda: Using Entrepreneurship As an Anchor for Social Change
[Monitor] When he was diagnosed with cancer, it seemed like the end of the road for Joel Okwerede, however, the need to eke a living pushed him into tailoring with Wrap Up Africa (WUA), a micro-enterprise organisation that makes African handmade apparels and crafts....

 2012-02-04 01:40     AllAfrica.com    East Africa: EAC Economies Post Growth Amid Turmoil
[Monitor] The economies of the five East African member states grew by more than 5 per cent last year making the region one of fastest growing in world....

 2012-02-04 01:40     AllAfrica.com    Uganda: Tullow Oil, Government Sign Asset Sale Deal
[Monitor] The Government of Uganda on Friday signed production agreements with Anglo-Irish firm Tullow Oil, allowing the company to finalise a long-delayed $2.9 billion asset sale to France's Total and China's CNOOC....

 2012-02-04 00:40     AllAfrica.com    Tunisia: Internet Filtering - Danger of Return to Past
[RSF] The January 2011 revolution in Tunisia brought an end to Internet filtering and control of online content but old habits seem to be resurfacing and Reporters Without Borders urges the Tunisian courts not to take any decision that could lead to the restoration of filtering....

 2012-02-04 00:40     AllAfrica.com    Liberia: House Summons Broh Over Parking Fees
[New Democrat] Members of the House of Representatives Thursday summoned Acting Mayor Mary Broh of the Monrovia City Cooperation (MCC) to appear next Tuesday to defend the exorbitant fees charged for parking vehicles in Monrovia without security assurances....

 2012-02-04 00:40     AllAfrica.com    Kenya: Kenya Shilling Gains On Subdued Demand
[Business Daily] The shilling rose against the dollar on Friday due to subdued demand and tight market liquidity....

 2012-02-04 00:00     AllAfrica.com    Zambia: The Wrong Answers to the Wrong Question
[Fahamu] In responding to a critique of their Human Rights Watch report, the authors make basic mistakes by ignoring key structural conditions, keeping alive racist myths about Chinese cruelty that prevent 'a focused effort on the actual causes of the grave human rights problems that exist in mining on the continent', argue the authors of the original critique....

 2012-02-03 15:40     AllAfrica.com    Zambia: Critiquing the Critique On China in Zambia
[Fahamu] In December, Pambazuka News carried an article that critiqued a Human Rights Watch report that had exposed labour abuses in Chinese state-owned copper mines in Zambia. Here, Human Rights Watch responds to that critique....

 2012-02-03 15:40     AllAfrica.com    Zimbabwe: Gono Warns of Economic Slowdown
[Financial Gazette] RESERVE Bank of Zimbabwe governor, Gideon Gono, has warned that the country's economic recovery may slow down on the back of knock-on effects from the Eurozone debt crisis and the continuing economic turmoil in the United States....

 2012-02-03 15:40     AllAfrica.com    Rwanda: China's Donation of HQ Reflects Africa's Problems, Says Kagame
[East African] Rwanda president Paul Kagame has said China's donation to Africa - the new headquarters worth $200 million unveiled last week is a reflection of Africa's bigger problems....

 2012-02-03 14:00     AllAfrica.com    Sudan: Juba Has Khartoum Over a Barrel
[Af Conf] Few outside the Juba government had expected it to start shutting down oil production on 22 January. Warnings from the Government of South Sudan had been widely seen as brinkmanship....

 2012-02-03 12:40     AllAfrica.com    Kenya: Teachers Push for Higher Salaries and Allowances
[Nairobi Star] TEACHERS want a 300 per cent salary increment to be factored into the next budget, Knut said yesterday....

 2012-02-03 09:00     AllAfrica.com    Zimbabwe: RFHL Board Restructuring 'Null and Void'
[Zimbabwe Independent] RESERVE Bank chief Gideon Gono has dismissed the recent reconstitution of ReNaissance Financial Holdings Ltd's board as null and void....

 2012-02-03 09:00     AllAfrica.com    Nigeria: Never So Divided, Never So United
[IRIN] Lagos - A month after an angry public launched protests across Nigeria over skyrocketing fuel prices due to the removal of a government subsidy, a measure of calm has returned and people seem to have settled into accepting a compromise....

 2012-02-03 08:40     AllAfrica.com    Africa: Wishing AU Well On Free Trade Area
[Public Agenda] The African Continent had in the past and to this present day been described in uncomplimentary terms: the 'Dark Continent', the 'Continent that Devours its People', the 'Scar on the Conscience of the World', among others. These descriptions, although inappropriate and widely exaggerated, had stemmed from certain incidents, events and happenings on the continent....

 2012-02-03 07:40     AllAfrica.com    South Africa: Fighting Poverty - the NDP, ANC and a Political Big Beast
[African Arguments] Over the years, the South African government has released a plethora of strategies and initiatives in its post-apartheid policy reforms. Many of these recommendations and programmes have evidenced middling success, and even outright failure. The latest such proposal is the National Development Plan, issued by the National Planning Commission of South Africa, an advisory body in the Office of the Presidency with a 5 year mandate....

 2012-02-03 07:40     AllAfrica.com    South Africa: Implats Fires 13,000 Workers
[SAPA] Johannesburg - Impala Platinum has fired 13,000 miners who went on an illegal strike at its Rustenburg operation, the company said on Thursday....

 2012-02-03 07:00     AllAfrica.com    Sierra Leone: At the Threshold of Rapid Growth
[Concord] The journey of the next fifty years of independence has begun; and we are gathered here today to map out how we are going to make it better than the journey we made during the last fifty years. This Conference is a moment for solidifying our collective promise to make this country better than we inherited it; and to deliver a country to our grandchildren that is worthy of their admiration, respect, and honorable remembrance of us....

 2012-02-03 06:40     AllAfrica.com    Nigeria: Representatives Uncover More Fraud by Petroleum Marketers
[Leadership] Armed with the recommendations of the federal government's ordained KPMG report, the House of Representatives ad-hoc committee investigating the subsidy regime on Thursday uncovered more companies involved in overpayment worth several billions of naira....

 2012-02-03 05:40     AllAfrica.com    Kenya: Potato Farmers Seek Protection From Brokers
[Business Daily] Potato farmers in Kenya want the government to intervene and control the farm gate prices of potatoes to protect them from the brokers, the middlemen said to be making extra-ordinary profits from the crop....

 2012-02-03 05:40     AllAfrica.com    Kenya: Kisumu Airport Paves Way for Booming Trade
[Business Daily] Kisumu International Airport was officially opened on Thursday, paving the way for increased trade and investment in the Western Kenya region ....

 2012-02-03 05:40     AllAfrica.com    Kenya: Treasury Targets Larger Share of Workers' Salaries for NSSF Deductions
[Business Daily] Higher income earners are set to contribute more for their retirement plans through the National Social Security Fund after the Treasury committed to the International Monetary Fund that the scheme would be converted into a pension fund....

 2012-02-03 05:40     AllAfrica.com    Liberia: Cellcom to Support 2012 Miss Liberia Pageant
[New Dawn] Cellcom GSM Company has promised to sponsor the communication aspect of this year's Miss Liberia Beauty Pageant expected to be hosted by CT. Com Liberia Incorporated....

 2012-02-03 05:00     AllAfrica.com    South Africa: Nation Still a Net Food Exporter
[SA Info] South Africa remains a net a food exporter, selling 30% more agricultural goods abroad than it imported in 2010, according to the latest South Africa Survey, published last month by the SA Institute of Race Relations....

 2012-02-03 05:00     AllAfrica.com    Zambia: Emirates Airline to Link the Country to World Markets
[Times of Zambia] THE Emirates Airline, one of the world's fastest growing airlines, has launched a new linked service to Lusaka and Harare that will help sustain Zambia's economic growth by bridging the country with markets throughout the world....

 2012-02-03 05:00     AllAfrica.com    Malawi: Consumers Have a Right to Fuel and Forex Black Market
[IPS] Lilongwe - The black market for foreign exchange and fuel is booming in the midst of an acute scarcity in Malawi. The shortage is so severe that even the Consumer Association of Malawi, an influential consumer rights body, has come out in support of the black market....

 2012-02-03 03:40     AllAfrica.com    Nigeria: Subsidy Probe - Representatives Threaten Oil Firms' CEOs Over Non-Appearance
[Vanguard] Abuja - House of Representatives, yesterday, threatened Managing Directors and Chief Executive Officers of the major oil companies who failed to show up before the on-going investigative panel on fuel subsidy regime by the House....

 2012-02-03 03:00     AllAfrica.com    Tanzania: Modernise Farming to Eradicate Poverty
[Citizen] As our country acquired independence, the leadership spelt out what was famously described as three cardinal enemies our anticipated development: poverty, ignorance and diseases.How successful have we been in overcoming these "enemies", after 50 years of uhuru remains a big question. Thousands of Tanzanians continue to die from easily treatable diseases....

 2012-02-03 03:00     AllAfrica.com    Tunisia: Islamist Organization Organizes Protest to Denounce IMF Director's Visit
[Tunisia Live] Hizb Ettahrir, a global Islamist network that has been denied legal recognition as a political party in Tunisia, organized a demonstration today in downtown Tunis....

 2012-02-03 03:00     AllAfrica.com    South Africa: The Great ANC Policy Farce Begins
[iMaverick] It sometimes feels as if the debate around mine nationalisation has always been with us. In a way it has - the Nats had it in their manifesto in 1948, Nelson Mandela included it in his first speech out of Pollsmoor in 1990, and Julius Malema seemed to take it over. The two phrases 'Julius Malema' and 'nationalisation' have become intertwined in our political lexicon. We're now at the sharp end of this debate. The ANC's national executive committee is locked (and we mean behind closed doors) in a policy...

 2012-02-03 02:40     AllAfrica.com    Nigeria: Fuel Scarcity Worsens in Gombe
[Daily Trust] Gombe - Scarcity of petrol in Gombe metropolis and other parts of the state has worsened.Our correspondent, who monitored the situation in the state reports that most filling stations in the state capital and its environs have been under lock and key for the past few days due to non availability of the commodity....

 2012-02-03 02:40     AllAfrica.com    Africa: Kagame Speaks on China's Donation of AU Headquarters
[East African] Rwanda president Paul Kagame has said China's donation to Africa - the new headquarters worth $200 million unveiled last week is a reflection of Africa's bigger problems....

 2012-02-03 02:40     AllAfrica.com    Nigeria: Jonathan Seeks Increased Refining Capacity
[Daily Trust] President Goodluck Jonathan has begun moves to raise domestic petroleum refining capacity for the country in a bid to reduce importation of petroleum products....

 2012-02-03 02:00     AllAfrica.com    Zimbabwe: Emirates Lands in Harare, Sees Bright Future
[The Herald] EMIRATES Airlines, which started flying into Harare on Wednesday, could increase its flights into Harare from five to six days a week if the current load factor is maintained....

 2012-02-03 01:40     AllAfrica.com    Nigeria: FG Signs MoU With Banks for Take-Off of Youwin Programme
[The Moment] ALL is now set for the take off of the much expected Youth Enterprise with Innovation in Nigeria (YOUWIN) programme as the Federal Government yesterday officially signed a Memorandum of Understanding (MoU) with participating banks and other organisations to drive the initiative....

 2012-02-03 01:40     AllAfrica.com    Zimbabwe: Avoid Last Season's Chaos At Tobacco Auction Floors
[The Herald] The 2012 tobacco selling season starts on February 15 with indications that a bigger crop volume will be auctioned at the sales floors this season....


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