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Essar to get mining licence for Buchwa once quantified

The Ministry of Mines will only be able to give Essar Holdings the right to mine iron ore at Buchwa once they establish the quantum ...

ZPI reports a 38% increase in profits

ZPI reported a 31% increase in operating profit to $1.55 million in the five months to May and a bottom-line of $1.38 million largely boosted ...

Britain to start sale of Lloyds soon, review RBS split

Britain is ready to start selling its shares in Lloyds Banking Group PLC and will examine whether to break up Royal Bank of Scotland PLC, ...

Microsoft offers hefty bounties to thwart criminal hackers

Microsoft Corp. is looking to recruit computer geeks in its ongoing efforts to protect Windows PCs from attacks, offering rewards of as much as $150,000 ...

Kenya: Fuel Cost Cited As Main Challenge for African Airlines

THE high cost of jet fuel in Africa compared to other regions due to distribution inefficiencies and infrastructure constraints has held back the development of ...

Kenya: Medical Staff At Kenyatta National Hospital Go On Strike

The medical staff at the Kenyatta National Hospital have staged a strike at the hospital premises protesting failure by the KNH management to pay salary ...

Africa: Warmer World Will Keep Millions of People Trapped in Poverty - Report

Regular food shortages in Sub-Saharan Africa....shifting rain patterns in South Asia leaving some parts under water and others without enough water for power generation, irrigation, ...

Liberia: Margibi Transit Authority Bill Drafted

A bill seeking to establish a transit authority in Margibi County or the Margibi Transit Authority (MTA) has been drafted and will be submitted to ...

Uganda: MP Dragged to Court Over SH40 Million Bad Debt

The Kalungu woman MP, Florence Kintu who was recently dragged to court for defaulting payment of sh40m debt has admitted to borrowing sh25m and asked ...

South Africa: Orange Extends South Africa Footprint

French telecommunications operator Orange and South Africa's Nashua Mobile have signed an agreement to expand the firm's South African footprint by opening several local retail ...

Angola: Capital Flight Amounted At Over One Billion Kwanzas

Luanda — Capital flight in Angola, in 2011, was amounted at 1.7 billion kwanzas, according to the director of the Studies and International Relations Office ...

South Africa: Transformation By Quota Is Barking Mad

Jack Lewis argues that government's transformation plan is based on identity politics and is misguided. He asks people on the political left to speak out ...

Angola: Mbanza Kongo to Benefit From 220 Kw of Energy

Mbanza Kongo — Mbanza Kongo city, capital of the northern Zaire province, will benefit in three years a 220 KW-power supply line from the gas ...

Cameroon: Maritime Securit - US Promises Support For Summit

The US Ambassador to Cameroon says his country will send experts to the country. Experts from the US are expected in Cameroon in the days ahead ...

Gambia: Gambia's Economic Outlook Is Positive - IMF Mission Chief

Despite the current high exchange rate, The Gambia's economic outlook is generally positive as long as the authorities implement prudent policies, said the International Monetary ...

Ethiopia: Smallholder Farmers Strive to Support Relief Efforts in Ethiopia

This story originally appeared in the May/June 2013 edition of Frontlines, an online publication of the U.S. Agency for International Development. Washington -- In Ethiopia, smallholder ...

Malawi: Malawi's Economy Is Recovering - World Bank

Lilongwe — The World Bank says Malawi's economy is recovering with official figures' estimates showing an expected growth of 5.7 percent in agriculture and more ...

FedEx profit beats expectations

FedEx Corp. posted a bigger than expected quarterly profit as its ground shipment business did well, and the company saw benefits from lower jet fuel ...

U.S. home builders ask: Where have all the carpenters gone?

Where have all the carpenters gone? Home builders across the United States are scratching their heads for an answer as they struggle to assemble crews ...

Africa: African Press Review 19 June 2013

Does Museveni want a political monarchy? Is Sejusa a coward? Why shouldn't you take to a life of crime in Uganda? Why has the AU ...

How Alan Greenspan’s ‘tone’ moved gold and silver (but Ben Bernanke’s doesn’t)

These are stories Report on Business is following Wednesday, June 19, 2013.Follow Michael Babad and the Globe’s top business stories on Twitter.How Greenspan moved gold, ...

Premarket: Traders await Bernanke, early selling erupts in RIM

Markets are doing little this morning as the big event of the week draws near: the conclusion of the Fed's two-day policy meeting.The Fed will ...

West Africa: Some Aid Programs in Sahel Prefer Cash to Food

DIOURBEL, SENEGAL -- Humanitarian agencies in Africa's Sahel region are struggling to deal with a cycle of chronic food crisis. Some are moving away from ...

South Africa: Jobs, Construction Boom At Coega

Building projects at the Coega Industrial Development Zone outside Port Elizabeth have injected over R1.2-billion into South Africa's Eastern Cape construction industry over the past ...

Central African Republic: Insecurity in Bangui Increases Food Prices, Lay-Offs

Bangui — A security crisis in the Central African Republic (CAR) - which began on 10 December 2012, when the rebel Seleka Alliance attacked the ...

Africa: Africa Progress Panel Welcomes G8 Communiqué

Photo: G8 UK Presidency/Flickr ...

Africa: ICC's Funders Seek Greater Efficiency

As the court asks for a bigger budget, it will need to consider where cost savings can be made. The gleaming new front desk which greets ...

Nigeria: Can Lagos Be a Smart City?

I AM constantly amazed at the advances in information and communication technology, such that inventions and innovations being celebrated this week may become near-obsolete the ...

South Africa: Declaration of Economic War in South Africa

For all the sound and fury of the current fight between poultry producers and meat importers, their dispute may turn out to be only a ...

Congo-Kinshasa: Chinese Mining Industry Contributes to Abuses in Democratic Republic of the Congo

Chinese mining companies operating in the Democratic Republic of the Congo (DRC) need to do more to prevent their operations from leading to human rights ...

Kenya: Kenyans Mobilise Against Taxing the Poor

On a side street in Nairobi's bustling neighbourhood of Shauri Moyo, Faisal Ngila shouts to street vendors, motorbike taxi drivers and pedestrians. "Do you know ...

East Africa: Double Taxation Pinches East African Businesses With Regional Reach

Nairobi — Paul Ouma imports and sells second-hand Japanese cars and spare parts in Kenya, Uganda and Tanzania. The 37-year-old Kenyan started his business ten years ...

Somalia: Somaliland Bars Federal Govt Authorized Aircraft From Landing

Hargeisa — Somaliland government rejected an aircraft attempting to land at Egal International Airport in Hargeisa on Tuesday, after Somaliland officials said the plane requested ...

Rwanda: Govt Rewards Innovative Farmers

A host of innovative farmers across the country walked home with an assortment of rewards at the end of the eighth agro exhibition in Mulindi ...

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Dolce and Gabbana gets jail sentence

Milan - Fashion designers Domenico Dolce and Stefano Gabbana were handed a 20-month suspended prison sentence and a heavy fine on Wednesday for hiding hundreds ...

'Tsvangirai is not a biblical Moses'

THE MDC has said it is open to working with other parties in the forthcoming elections but ruled out an alliance with the formation led ...

President Mugabe slams Zimbabwe banks

President Mugabe has slammed banks for failing to harness the $7.4 billion believed to be circulating outside the formal economy saying it was a disturbing ...

Tanzanian Opposition Blamed For Deadly Rally Blast

Dodoma — POLICE were blocked in their attempt to arrest suspects in the weekend's blast in Arusha, the National Assembly was told here on Monday. "We ... Full story

Former Ghanaian President Jerry Rawlings Slams Nigerian Government for Allowing Corrupt Politicians Escape Justice

Former Ghana president, Jerry Rawlings, has launched a scathing attack on the Nigerian government's anti-corruption record, severely criticizing the leadership's failure to punish politicians who ... Full story

Domestic Violence Cases In Uganda Soar

Female judges are concerned about the increasing cases of domestic violence despite the existence of the law to support prosecution of such cases. The judges under ...

Two Nigerian nurses caught sleeping in care home 'after turning off elderly patients' alarms so they wouldn't be disturbed

Shocking: A jury was shown this picture of two care home nurses Titilayo Ajala and Henretta Offae apparently asleep on the night-shift after allegedly unplugging ... Full story

Breaking News

Africa: Study - Rotavirus Vaccines Work Well in Developing Countries

Leaders of developing nations take note: a new study shows that rotavirus vaccines will have a powerful public health impact in your country. This pivotal ...

Treasury boss backs plan to cut wage bill

PHOTO | JENNIFER MUIRURI Treasury Principal Secretary nominee Dr Kamau Thugge being vetted ...

Strikers told to give room for dialogue

PHOTO | BILLY MUTAI Salaries and Remuneration Commission chairperson Sarah Serem touring a ...

Officials held in Nigeria had travel approval, says Amina

PHOTO | WILLIAM OERI Foreign Affairs Cabinet Secretary Amina Mohammed with EU Head ...

Law proposed to protect hurt workers

Employers will have to compensate employees who get injured in the course of duty or be liable to a fine not exceeding Sh500,000 or one ...

Somalia: Al-Shabaab Gunmen Attack UN Compound in Mogadishu

Nairobi — At least 15 people have been killed, including four foreigners, in a suicide and gun attack by Somali militant group al-Shabab on a ...

Congo attacks over arrests in India

19 June 2013 Last updated at 19:46 GMT ...

Aldi sees off Waitrose to win best supermarket award for the second time in two weeks as judges declare 'its prices don't compromise on quality'

Aldi named the UK's best supermarket in the Which? 2013 awardsIt beat Sainsbury's, Tesco, Asda and Morrisons to win prizeLast week it won Best Supermarket ...

Cover-up over 16 baby deaths: Health bosses ignored damning warnings on hospital neglect

Inspection by CQC gave Morecambe Bay hospitals all-clear in 2010 CQC official produced a dossier showing the inspection was flawedBut bosses told him to destroy ...

Lydia Warner, 7, makes shock recovery after mother donates part of her liver in pioneering op

Lydia Warner had pancreatoblastoma- a rare cancer of the pancreasHer parents were told it was terminal as it had spread to her liverEventually, surgeons decided ...