Libyan Foreign Bank rejects CBL’s decision
16/08/2018The Libyan Foreign Bank (LFB) has issued a statement denouncing the decision taken by the Governor of the Central Bank of Libya (CBL) Al-Sediq Al-Kabeer to dismiss the General Director.
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Africa
South African President Cyril Ramaphosa to appoint inquiry into $130 bln state pension fund
16/08/2018South African President Cyril Ramaphosa has agreed to set up a commission of inquiry into alleged governance failures at the state-owned pension fund, the Finance Ministry said on Thursday. “The.
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Business & Economy
Sagging economic sentiment in SA and UK hurts Truworths’ earnings
16/08/2018Fashion retailer Truworths reported a 7.3% drop in diluted headline earnings per share (HEPS) in the 52-week period ended July 1, as a tough economic environment in SA and the.
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Africa
Kenya to Revive its National Shipping Line
16/08/2018Nairobi, Aug 16 (Prensa Latina) The Kenyan Ministry of Transport and Infrastructure and the Mediterranean Shipping Company (MSC) signed a memorandum of understanding today for the reactivation of the National.
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Africa
Mali’s president wins runoff election with more than 67 percent of the vote
16/08/2018Mali’s President Ibrahim Boubacar Keita won a second five-year term in the turbulent West African nation with more than 67 percent of the vote in a runoff election, the Ministry.
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Business & Economy
Governance and Policy
Nigeria: Nasir El-Rufai Presents 2019 Budget
16/08/2018The Governor of Kaduna State, Nasir el-Rufai presented a budget estimate of N155, 865,339,539.77 for the 2019 fiscal year to the state House of Assembly, with a capital/expenditure ratio of.
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Governance and Policy
President Cyril Ramaphosa to Attend Southern African Development Community (SADC) Summit in Namibia
16/08/2018President Cyril Ramaphosa will from 16-18 August 2018 lead South Africa’s delegation to the 38th Ordinary Summit of the Heads of State and Government of the Southern African Development Community.
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ICT
Kenya Encourages Africa to Unite on Global ICT Agenda
16/08/2018Kenya has challenged the African continent to unite and speak with one voice at global ICT decision-making forums. ICT Cabinet Secretary Mr. Joe Mucheru cited lack of a common stand.
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Sports
Sports & Entertainment
Kevin Anderson Defeats Jeremy Chardy to Reach the Third Round of the Cincinnati Masters
16/08/2018South African tennis star, Kevin Anderson, reached the third round of the Cincinnati Masters with a straight sets victory over Frenchman Jeremy Chardy on Wednesday. The 6th seeded Anderson won.
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Featured
Governance and Policy
Uhuru Kenyatta Orders Review of Program to Protect Workers’ Families
16/08/2018President Uhuru Kenyatta has ordered the Ministry of Education to review the ongoing teacher delocalization program so that families are not affected negatively by the movement of teachers. Kenyatta instructed.
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