Sunday 22 October 2017
(Xinhuanet 08/23/17)
China is dedicated to enhancing its cooperation with Africa in human resource development through knowledge and technology transfer, a Chinese diplomat said Tuesday. Liu Tao, Charge d'Affaires of the Chinese Embassy in Ethiopia, made the remarks at the Chinese Government Training Program Fellowship Reception in Ethiopia's capital Addis Ababa. He said China, since the year 2000, has sent over 2,000 agricultural experts and over 7,000 medical personnel to Africa, and has trained more than 80,000 Africans from more than 50 countries. China has pledged that it would, in three years, train 200,000 technicians and provide 40,000 training opportunities in China, and will offer 30,000 government scholarships, he said. Stating that 1,100 Ethiopian candidates are invited this year to attend short-term...
(Xinhuanet 08/22/17)
African officials on Monday called for urgent infrastructural development and regional integration to boost the continent's economy. At the Infrastructure Africa 2017 in Johannesburg, Zambian Minister of Finance Felix Mutati encouraged Africans to speedily address infrastructural deficit. "We have to inject some sense of urgency in ourselves. If we remain captured by business as usual, we are headed for disaster," said Mutati at the opening ceremony of the two-day event. "Competitiveness in Africa is being constrained by infrastructure deficit. We need about 93 billion U.S. dollars every year to address the infrastructure gap in the continent. We need to urgently implement projects," he said. Mutati said Africa has to narrow focus to innovative financing and design, better use of existing...
(Bloomberg 08/21/17)
GreenWish Partners, a renewable energy company run by a former Morgan Stanley executive, is planning to invest $800 million on solar-powered telecommunications towers across Africa. The project could fuel economic growth by providing power for essential services. Sub-Saharan Africa has the lowest rates of energy access in the world and is home to about half of the world’s 1.2 billion people without reliable electricity, according to the International Energy Agency. The problem extends to businesses as well as households, cutting into productivity and growth. “We reduce the total cost of power by 30 percent,” said Charlotte Aubin-Kalaidjian, the founder and chief executive officer of GreenWish, who was formerly a managing director at Morgan Stanley Investment Management. “Smaller towers can run...
(Swazi Observer 08/18/17)
IT will be business as usual for banks and financial institutions in the country as the proposed sympathy strike by the Swaziland Union of Financial Institution and Allied Workers (SUFIAW) has been called off. The sympathy strike which was proposed by SUFIAW and was to take place today was called off after the Swaziland Banking Association (SBA) took the matter to court, where they wanted an order stopping SUFIAW from shutting down banks in the country. Chairman of the SBA Dennis Mbingo confirmed that the court had granted an order in their favour. “Yes, we took the matter to court where we were seeking an interdict stopping the proposed...
(Bloomberg 08/14/17)
The U.S. will probably maintain its current levels of aid to Africa despite President Donald Trump’s proposals to slash funding, according to Bill Gates, the world’s richest man. Trump said in May his government would no longer allocate funding for family planning, a move that has the potential to undermine aid programs in the poorest countries in the world. However, with Congress in control of the budget, it’s unlikely that all cuts proposed by the Trump administration will go ahead next year, Gates said in an interview in Dar es Salaam, Tanzania’s commercial capital. “It’s quite clear that they won’t make those drastic cuts,” Gates said. “I’m hopeful they won’t make any cuts at all, but that’s still subject to...
(APA 08/12/17)
It has taken Swazi MTN’s new competitor, Swazi Mobile three weeks to cover a 60-percent clientele base of the country’s population, APA reports on Friday. The new company is Swazi-owned and introduced its first call mid July 2017, which was about six months after it was granted a licence to operate as Swaziland’s second mobile telecommunications company, putting to an end MTN’s monopoly of over 20 years. Swazi Mobile Brand and Communications Manager Macford Sibandze said they were close to reaching their target of 80 percent coverage by December 2017. Swazi MTN has clientele coverage of over 75 percent as it has over 900 000 customers out of Swaziland’s total population of 1.2 million people.
(AFP (eng) 08/10/17)
The skull of an infant ape buried by a volcano 13 million years ago has preserved intriguing clues about the ancestor humans shared with apes -- including a likely African origin, scientists said Wednesday. A previously-unknown creature that shared an extended family with the human forefather, had a flat face like that of our far-flung cousin the gibbon, but did not move like one, its discoverers wrote in the journal Nature. They named it Nyanzapithecus alesi after "ales" -- the word for "ancestor" in the Turkana language of Kenya, where the lemon-sized skull was unearthed. The sole specimen is that of an infant that would have grown to weigh about 11 kilogrammes (24 pounds) in adulthood. It had a brain...
(Xinhuanet 08/09/17)
The United States Trade Representative (USTR) on Wednesday affirmed the commitment of his country to Africa and saw "great potential to grow and deepen trade relationship." Robert E. Lighthizer expressed this in opening speech of the ministerial plenary as part of the 16th Forum of the Africa Growth and Opportunity Act (AGOA), on Wednesday here in Togolese capital Lome. "The United States is committed to Africa. We see great potential to grow and deepen our trade relationship, with the goal of establishing a true partnership for the future", Lighthizer said. "By lowering barriers and tackling other constraints that impede trade and investment, we are poised to see U.S.-Africa trade flourish", he said, underscoring that "much more work needs to be...
(Reuters (Eng) 08/08/17)
Tuesday's action at the World Athletics Championships sees two of the most intriguing races of the program as South Africa's Wayde van Niekerk bids for the first half of his 400/200 meters double and Nigel Amos goes for gold in the men's 800m. World record holder and defending champion Van Niekerk should be unbeatable in the 400m but faces a stiff challenge, not least from Botswanan duo Isaac Makwala and Thebe Baboloki. Another Botswanan, Amos, will also have to be at his best in the 800m, where a clutch of athletes are suddenly dreaming of glory in the absence of Kenya's injured champion David Rudisha. Kenya is expected to continue its dominance of the men's 3,000m steeplechase - though American...
(APA 08/03/17)
A new Swazi airline is expected to offer daily flights between Mbabane and the Mozambican capital Maputo from December this year, according to media reports monitored here on Thursday. The reports said Ligwalagwala Airways plans to offer 20-minute daily flights to Maputo at budget prices before the end of 2017. They said the Swazi-owned company had secured a lease agreement with an unnamed international operator that would see it renting a 50-seater plane for use on the Mbabane-Maputo route. “The company which set aside $923 000 investment capital has set an ambitious target to provide the flight to Maputo from
(Xinhuanet 08/03/17)
Trade between China and Africa reached 85.3 billion U.S. dollars in H1, surging 19 percent year on year as the two sides strengthened cooperation in a wide range of areas, official data showed Thursday. The data reversed the negative growth trend since 2015, according to Gao Feng, spokesperson with the Ministry of Commerce. During January-June, Chinese imports from Africa, including minerals, agricultural products and fruits, amounted to 38.4 billion U.S. dollars, jumping 46 percent from the same period last year, while exports gained 3 percent to 47 billion U.S. dollars. Transport equipment has become a bright spot in China's exports to African countries, with that of ships, trains and aerospace equipment up 200 percent, 161 percent and 252 percent respectively,...
(Bloomberg 08/02/17)
Julien Ochala can’t live without his morning cup of Joe. But not just any coffee will do. For the past five years, the 37-year-old physiology lecturer at King’s College London has visited the same store every week to grab a pack of his beloved Kenyan brew. And he’s not put off by the cost: at 37 pounds a kilogram ($22 a pound), it’s more than double a similar supermarket product. "I take Kenyan coffee every morning," said Ochala, who buys his beans from Monmouth Coffee Company in Borough Market. "I love it because of the relatively higher acidity level. It keeps me active in the afternoons." Customers willing to pay a premium for African brews, known for their floral, fruity...
(Swazi Media Commentary 08/01/17)
The national airline in Swaziland that was created with fanfares and claims it would serve routes across Africa has closed down and all 23 employees have been retrenched. Confirmation of the closure and staff redundancies came through the Ministry of Labour and Social Security First Quarter (April to June 2017) Performance report, which was tabled in the House of Assembly. The airline closed for business in April 2017 when it became clear the tiny kingdom could not afford a single aircraft. Even so, E20 million had been spent on leasing a 29-year-old Boeing 737-300 that never once flew commercially.
(Bloomberg 08/01/17)
British American Tobacco Plc faces a formal probe by the U.K.’s Serious Fraud Office following reports that the maker of Dunhill cigarettes bribed African government officials to influence tobacco legislation. BAT said Tuesday it is running its own investigations, via external legal advisers, into allegations of misconduct and is cooperating with the U.K. prosecutor. A BBC report two years ago said BAT had a lobbyist arrange bribes totaling $26,000 for three public officials in Rwanda, Burundi and the Comoros Islands in 2015. The British broadcaster said the bribery was revealed by a former employee, Paul Hopkins. At the time, BAT said “we do not tolerate corruption in our business, no matter where it takes place.” The SFO investigation adds to...
(Reuters (Eng) 07/28/17)
Barclays reported a 1.2 billion pound ($1.57 billion)attributable first half loss on Friday after taking a 2.5 billion pound hit from the sale of its Africa business and calling an end to its restructuring. The British bank said it had made a 1.4 billion pound loss on the sale of 33 percent of Barclays Africa Group, and took a further 1.1 billion pound impairment charge on the sale. Barclays in June cut its stake in Barclays Africa Group to 15 percent, ending more than 90 years as a major presence in the continent as it shifts its focus back to Britain and the United States. The losses from the sale of unwanted assets including the Africa business showed the costs...
(AfricaNews 07/27/17)
At a time when Africa is going through a difficult situation, the blue economy is emerging as a stepping stone to relaunch the continent in the right economic direction. But this type of economy is seriously threatened by “predators” who do not hesitate to plunder resources. The “cancer of illegal fishing” costs Africa about $ 1.6 million annually based on Economic Commission for Africa’s estimates. This and more on this week’s edition segment on Business on the Morning Call with Jean David Mihamle.
(Voice of America 07/25/17)
The U.S. government says the HIV epidemic is "coming under control" in Swaziland, the country with the world's highest prevalence of the virus. The U.S. President's Emergency Plan for AIDS Relief (PEPFAR) said Monday that new infections among adults in Swaziland have dropped by nearly half since 2011. It said the latest research also shows that life-saving anti-retroviral treatment has doubled in the country during the same time period and now reaches over 80 percent of infected adults. PEPFAR has focused much of its efforts on increasing access to anti-retroviral drugs for over 11 million people, mostly in sub-Saharan
(Voice of America 07/25/17)
European and African ministers are meeting in Tunisia about efforts to regulate the flow of refugees from Africa to Europe, primarily along the deadly central Mediterranean route originating in Libya. In a declaration Monday in Tunis, the capital, the ministers said they agreed on a multi-pronged approach to the crisis, including informing people about the risks of illegal migration and the possibility of voluntarily returning home, addressing why migrants leave home and beefing up actions against human traffickers. Participating in the meetings were interior ministers from Algeria, Austria, Chad, Egypt, France, Germany, Italy, Libya, Mali, Malta, Niger, Slovenia, Switzerland, Tunisia and Estonia, which currently holds the EU Council presidency. Through the first half of 2017, nearly 84,000 migrants arrived in...
(AFP (eng) 07/24/17)
Swaziland, which bears the world's heaviest HIV burden, has almost halved the rate of new infections in five years by boosting access to virus-suppressing drugs, researchers said Monday. The country -- where one in three adults is infected with the AIDS-causing virus -- has vastly expanded public programmes to test people for HIV infection and put them on life-saving anti-retroviral treatment (ART). "The rate of new HIV infections has been reduced by half," Velephi Okello of the Swazi health ministry told journalists at an HIV science conference in Paris. "Remarkable progress has been made... in controlling the HIV epidemic." In 2011, 31 percent of adults (aged 18-49) out of a total country population of just over 1.2 million were infected...
(APA 07/24/17)
Workers at Nedbank Swaziland embarked on a strike on Monday over a salary dispute, crippling operations at the financial institution and leaving scores of customers stranded. The strike followed a salary impasse between the management and the Swaziland Union for Financial and Allied Workers (SUFIAW). “The workers are demanding a 10-percent cost of living adjustment, which the bank has failed to put forward,” SUFIAW secretary general Jabu Shiba said in a statement. The employees said they would not accept the seven-percent offered by the bank, hence the resolution to engage in a strike. “The bank cited removal of cash deposit fees as the main reason they cannot give an offer above seven percent,” the secretary general said.

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