Friday 24 November 2017
(Reuters (Eng) 08/30/13)
PERTH | Fri Aug 30, 2013 (Reuters) - Australia's Sundance Resources (SDL.AX) expects to bring its $4.7 billion iron ore project in West Africa online by early 2018, despite the collapse of a takeover by China's Hanlong Group in April that many expected to doom the project. Giulio Casello, chief executive of Sundance, told Reuters in an interview that the company is also aiming to finalize an equity partner for the project and have off take secured by the end of the year. By early next year, Sundance expects to have selected a contractor for the development. Investors saw little hope for the future of the project when the Hanlong deal fell through, but Sundance has said it was talking...
(Reuters (Eng) 08/30/13)
JERUSALEM | (Reuters) - Israel plans to soon begin deporting migrants from Eritrea and Sudan, who number more than 50,000, back to the African continent via Uganda, officials said. Israel regards most of these Africans as illegal visitors crowding impoverished areas in search of jobs, and largely rejects the position of human rights groups that many fled their countries in search of political asylum. A statement late on Thursday from Interior Minister Gideon Sa'ar said Israel would soon begin a staged process of deporting the migrants, most of whom crossed the border with neighboring Egypt - Israel's frontier with Africa - since 2006. Sa'ar said an agreement had been reached with an African country other than Eritrea and Sudan to...
(Ghana Business News 08/30/13)
Former UN Secretary-General Mr. Kofi Annan is calling for a link between tax authorities in Africa and global reforms to avoid tax evasion. According to the Ghanaian diplomat, African tax authorities suffer more among all regions struggling to prevent the erosion of tax bases. Mr. Annan made this known in an op-ed published by the Australian Financial Review ahead of G20 leaders’ commitment to discuss global tax reform when they meet in Russia next week. The op-ed was also on why Australia should work towards building a better mining partnership with Africa. “Tax authorities in all regions struggle to prevent the erosion of tax bases, but Africa struggles more than most,” Annan said. Mr. Annan stated “automatic information exchanges must...
(The Africa Report 08/30/13)
George Ferreira Vice-president and chief operating officer, Samsung Electronics Africa. Samsung Electronics is preparing to beat its $10bn target for revenue from Africa in 2015. And according to George Ferreira - Vice-president and chief operating officer of Samsung Africa - the company is also looking at the possibility of setting up more assembly plants to avoid tariff barriers. The Africa Report: Is South Africa still your biggest African market, and do you expect it to be so for the new Samsung Galaxy S4? George Ferreira: For the S4, I would say that the South African market is probably on par with the Nigerian market, although I foresee that the Nigerian market should probably overtake the South African market in terms...
(Reuters (Eng) 08/30/13)
MIAMI | (Reuters) - Florida officials trying to eradicate the Giant African Land Snail, one of the world's most destructive invasive species, plan to deploy a new weapon in the battle - Labrador retrievers. State agriculture authorities say they hope the dogs will add to their success in fighting an infestation of the slimy snails, which were first spotted by a homeowner nearly two years ago and quickly swept through the Miami area. On Wednesday, officials said that since the start of an aggressive extermination campaign they have collected 128,000 of the snails, which can grow as big as rats and devour plants as well as stucco and plaster in a hunt for calcium they need to grow their big...
(UKzambians 08/29/13)
Leaders from the UK’s African diaspora are being invited to join a powerful new network aimed at supporting sustainable development across the African continent. Working in collaboration with Comic Relief and Unbound Philanthropy, the Royal Society of Arts (RSA) aims to harness the power of the UK diaspora in order to combat persistent levels of poverty and unemployment among their communities in the UK and Africa. Over a period of more than a year, participants will be tasked with identifying and developing a ‘venture’ – business, social enterprise or project – that addresses a particular cause or issue they are passionate about. The new leadership programme will build on individuals’ knowledge and skills and add to the already extensive levels...
(International Business Times 08/29/13)
On the African continent, conflicts are often hard to define, pin down or contain. Political, ethnic or religious clashes often involve a kaleidoscope of groups, shifting alliances and varying aims -- not to mention deadly bloodshed, societal disruption and massive displacement. But what if you could use science and technology to map out conflicts across the continent, simplifying intelligence efforts and providing life-saving data for humanitarian groups or peace workers -- all in real time? That daunting task has been taken up by DigitalGlobe, a company headquartered in Colorado, which uses satellite imagery to "support a wide variety of uses within defense and intelligence, civil agencies, mapping and analysis, environmental monitoring, oil and gas exploration, infrastructure management, Internet portals and...
(AFP (eng) 08/28/13)
A Spanish court on Wednesday postponed a hearing of a paedophile who was controversially pardoned by the King of Morocco, after the suspect's accuser disappeared, an official said. Daniel Galvan, 63, was due to go before a judge in Torrevieja, eastern Spain, on Thursday charged with sexually abusing a girl in Spain in 2004 when she was about seven years old. The court postponed the hearing indefinitely because the girl, who was required to attend the hearing, had run away from the juvenile centre where she was being looked after, a judicial source told AFP. The girl's parents brought charges after recognising Galvan when he appeared on television after a scandal erupted this month in Morocco over his case. King...
(Bloomberg 08/27/13)
Khaled is crooning about love again. This time the Algerian-born singer is telling Moroccan TV viewers of his affection for a new apartment by local real estate developer Douja Promotion Groupe Addoha SA, rather than a girl who doesn’t care. In another TV ad, Bollywood film star Shah Rukh Khan is singing the praises of a home from Espaces Saada, a smaller builder. Behind the catchy tunes and lavish sets, the developers don’t have much to sing about. Alliances Developpement Immobilier SA, Morocco’s second-biggest builder, and Addoha, its largest, are both asking investors to accept shares instead of dividends this month -- a first for Moroccan homebuilders -- as tighter credit hurts demand for low-cost housing and prompts the companies...
(Voice of America 08/26/13)
DHL calls itself the “logistics company for the world,” providing transportation via rail, road, sea and air. And Company officials see Africa as a place where its business can boom. For that to happen, though, more international companies will need to invest in the continent and base their operations there. DHL’s Sumesh Rahavendra sees that happening. That’s one of the findings from a recent global technological conference sponsored by his company.“There’s quite a bit of evidence to that in terms of global companies starting to set up base in Africa. If you look at the likes of SAP or IBM or Hisense, which is the Chinese company, all of them are setting base in Africa and looking at how specifically...
(The Associated Press 08/26/13)
The United Nations world tourism body said Sunday it has chosen Zimbabwe to lead its Commission for Africa, the continent-wide group for tourism development for the next two years. The U.N. World Tourism Organization said that conflict-troubled Mali also joins the African tourism commission. Zimbabwe and Zambia are co-hosting the 155-nation tourism organization's summit, held every two years, at the resort of Victoria Falls on their common border. The six-day general assembly was formally opened by the two countries' presidents, Robert Mugabe of Zimbabwe and Michael Sata of Zambia. The United Nations said in a statement that July 31 elections in Zimbabwe, bitterly disputed over alleged rigging, "will be respected by the assembly." Australia, Britain, Canada and the United States...
(Voici 08/26/13)
The South African government says former President Nelson Mandela remains in critical but stable condition but his condition becomes "unstable" at times. The government said the ailing anti-apartheid icon who has been hospitalized since June has shown "great resilience" and that his condition "tends to stabilize as a result of medical interventions." In the Saturday statement, President Jacob Zuma urged South Africans to continue praying for the 95-year-old former leader. Mandela is hospitalized in Pretoria. He was admitted to a hospital on June 8 for a recurring lung infection. The former president's health has worsened in recent years. He had been in and out of the hospital for much of the past year. Mandela was elected to serve as South...
(Reuters 08/24/13)
Testimony in the trial of fallen Chinese politician Bo Xilai has produced salacious details about the opulent and supposedly corrupt lifestyle of the family of the once high-flying Communist Party aristocrat. But perhaps no tidbit has attracted as much attention as the piece of exotic meat Bo's son, Guagua, brought back from a visit to Africa in 2011. The trip was paid for by entrepreneur Xu Ming, once close to the Bo family and now detained, accused of paying bribes to Bo. The mystery meat was a given by Guagua to his father, according to written testimony at the trial from his wife, Gu Kailai, a transcript of which was published by the court. Gu said she did not remember...
(Xinhuanet 08/24/13)
The Japanese Defense Ministry is mulling to dispatch resident officials tasked with military information gathering to Africa countries in a move to strengthen its intelligence collecting capability in the countries, according to local media. The officials will be sent to seven African countries, namely Algeria, Morocco, Nigeria, Djibouti, Ethiopia, Kenya and South Africa, and Brazil in South America from fiscal 2014 to obtain information over terrorism and other security issues, Japan's Kyodo News quoted government officials as saying. The defense ministry will include the costs in its budget request for fiscal 2014, said the report, adding that the ministry also plans to increase the number of such staff in European countries that have influence on Africa countries, such as Britain,...
(AFP (eng) 08/23/13)
RABAT, August 23, 2013 (AFP) - A wealthy Moroccan businessman was named interim finance minister on Friday, as the ruling Islamist party pursues efforts to form a new coalition government after its main ally quit. Aziz Akhennouch, a technocrat in his 50s who headed the ministry of agriculture and fisheries in the two previous governments, was appointed to the key cabinet post, the official MAP news agency reported. He replaces Nizar Baraka, whose Istiqlal party withdrew from the ruling coalition in July after strongly criticising the Islamist Party of Justice and Development (PJD) for failing to shore up the economy and solve pressing social problems. Morocco's government has been hamstrung since May when Istiqlal first announced its intention to withdraw...
(AFP (eng) 08/22/13)
RABAT, August 22, 2013 (AFP) - Some 150 Moroccans, including dozens of children, protested outside the justice ministry in Rabat on Thursday demanding the release from prison of Islamist relatives they say are innocent. "Ten years have passed. How many more?" read one of the placards held up by protesters, who also waved Islamist flags and sang Islamic chants. Morocco has jailed thousands of Islamists on terror charges over the past decade, most famously after 2003 suicide bombings in Casablanca in which 33 people were killed. The authorities frequently announce dismantling jihadist cells with suspected links to Al-Qaeda. They say more than 120 have been busted in the past 10 years, including as recently as Friday.But those attending Thursday's demonstration...
(Reuters (Eng) 08/21/13)
(Reuters) - Tanzania-focused miner African Barrick Gold pinned its turnaround hopes on a new chief executive on Wednesday, appointing industry veteran Bradley A Gordon to replace Greg Hawkins at the helm of the struggling group. The FTSE 250 company, whose poor performance meant it was under pressure even before a gold price rout began in April, said Gordon's appointment would be effective immediately. Gordon, who has worked in the gold mining industry for 30 years, was previously CEO of Intrepid Mines, the Canadian and Australian listed precious metals exploration and development company with primary operations in Indonesia. Analysts welcomed the change, and said Gordon's his lack of African experience was balanced by his ability to manage difficult operations. "The announcement...
(Reuters (Eng) 08/21/13)
LONDON | Wed Aug 21, 2013 (Reuters) - Tanzania-focused miner African Barrick Gold on Wednesday named industry veteran Bradley A Gordon as its new chief executive, succeeding Greg Hawkins who has resigned to pursue other opportunities. African Barrick was under pressure even before a gold price rout began in April, hit by illegal mining, power generation problems and strikes, issues which forced it to warn in February that output would shrink for a fifth straight year. Gordon, who has worked in the gold mining industry for 30 years, was previously CEO of Intrepid Mines, the Canadian and Australian listed precious metals exploration and development company with primary operations in Indonesia. African Barrick initiated a review of its operations earlier this...
(AFP (eng) 08/20/13)
African immigrants warned Monday of a rise in racist attacks in Morocco, as hundreds gathered outside a morgue holding the body of a Senegalese man who was murdered last week. Some 250 people, mostly Senegalese immigrants, gathered outside the morgue in Rabat, where the man's remains were taken after he was stabbed to death on a bus in the Moroccan capital last Monday. Anna Bynes, a Senegalese student at Rabat university, said the attack was the latest in a string of racist violence targeting sub-Saharan Africans. "It is the last straw... The other day it was a Congolese man killed on a bus in Tangiers. Then a Gabonese woman was raped. Today a Senegalese has been killed." The police on...
(Times of swaziland 08/14/13)
MBABANE – As talks regarding the extension of AGOA post 2015 kicked off on Monday in Ethiopia’s Capital City Addis Ababa, Swaziland and other 49 African countries will be very lucky to see the legislation extended with the same existing terms and conditions, International Business Times has reported. Swaziland is one of the 49 AGOA beneficiaries. AGOA stands for Africa Growth Opportunity Act. AGOA was signed into law in 2000; it offers incentives mostly in the form of duty-free trade access to 49 eligible sub-Saharan economies to liberalise their markets and build connections with American trade partners. The agreement expires in 2015, and US and African officials would be setting fresh terms for its renewal. According to International Business Times,...

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