Africa

http://allafrica.com/stories/201209240381.html Nigeria: Ex-Workers Want Air Nigeria Probed Over N36 Billion Fund By Chris Agabi, 24 September 2012 Lagos — Some ex-workers of Air Nigeria have petitioned the Central Bank of Nigeria to investigate the N35.5 billion aviation intervention fund given to the carrier some years back to strengthen its operations. The CBN had, while injecting… Continue Reading

http://allafrica.com/stories/201209240384.html Angola: Credit to Economy Up By 17.09 Percent Since Beginning of 2012 23 September 2012 Luanda — The credit to the economy grew 5.24% in August and 17.09% since the beginning of the year, according to a press release of the Monetary Policy Committee (CPM) of the Reserve Bank of Angola (BNA), disclosed to… Continue Reading

http://allafrica.com/stories/201209230345.html Nigeria May Collapse in Five Years, Unongo Warns By Uchenna Awom, 22 September 2012 Second Republic minister of steel and one-time strongman of Benue politics, Chief Paul Unongo, has warned that Nigeria risks disintegration if nothing serious is done to arrest the slide. Unongo spoke at the LEADERSHIP Conference and Awards Ceremony in Abuja… Continue Reading

http://www.reuters.com/article/2012/09/23/us-nigeria-debtors-idUSBRE88M09T20120923?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29&utm_content=Google+Reader Nigerian central bank bars loans to big debtors post-crisis  LAGOS | Sun Sep 23, 2012 11:27am EDT LAGOS (Reuters) – Nigeria’s central bank has banned loans to 113 firms, including the country’s two major airlines, which have failed to repay debts after a 2009 financial crisis that nearly brought down the banking system, an… Continue Reading

http://allafrica.com/stories/201209220466.html Zambia: ‘Economic Growth On Track’ By Joseph Banda, 22 September 2012 Lusaka — ZAMBIA’S economic growth is still on the right track after a successful year of the Patriotic Front (PF) being in government and will record further growth in the coming financial year, President Michael Sata has said. In his address during the… Continue Reading

http://www.csmonitor.com/World/Africa/2012/0920/International-investors-hot-on-Zambia?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+feeds%2Fcsm+%28Christian+Science+Monitor+%7C+All+Stories%29&utm_content=Google+Reader International investors hot on … Zambia? Investors bombarded Zambia’s debut international bond offering, with demand outstripping supply of the debt by 15 times, and leading to an unusually low rate of borrowing for an African sovereign. By Alexander Mutale, Contributor / September 20, 2012 Chingola, Zambia Zambia went to the international markets last week to… Continue Reading

http://allafrica.com/stories/201209200980.html Mozambique: Country Hopes to Rebuild Clothing Sector 19 September 2012 Maputo — The Mozambican textile and clothing industries are beginning to re-emerge after a near total collapse in the 1990s. The sector now has about 20 factories but many are operating below capacity, and producing only when they receive orders. At the end of… Continue Reading

http://allafrica.com/stories/201209201166.html Zimbabwe: Mugabe’s Plan Off Rails By Clemence Manyukwe, 19 September 2012 PRESIDENT Robert Mugabe is expected to call a mini general election in 26 vacant constituencies within two weeks after his party’s grand strategy to wheedle its partners in the Government of National Unity (GNU) into endorsing make-or-break elections this year came off the… Continue Reading

http://allafrica.com/stories/201209200410.html South Africa: Traditional Courts – Whose Bill Is It Anyway? By Rebecca Davis, 20 September 2012 analysis Johannesburg — Halfway through public hearings on the Traditional Courts Bill, it’s clear that practically everyone other than the Justice Department and traditional leaders consider it to be vastly flawed. That may not be enough to halt… Continue Reading

http://allafrica.com/stories/201209191065.html Zimbabwe: Tsvangirai Threatened With Perjury Charges Over Alleged Marriage By Ryan Truscott, 19 September 2012 Harare — In Zimbabwe the storm over Prime Minister Morgan Tsvangirai’s marriage is far from over. Lawyers for his ex-partner, Locardia Tembo, are trying to get him arrested for perjury. They say the Movement for Democratic Change leader lied… Continue Reading