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Nairobi — Malawian President Bingu wa Mutharika is likely to take over African Union chairmanship from Libyan leader Muammar Gaddafi next January, African Union sources have said. An African Union senior official told the... [read full story]
by: Market Blog November 27, 2009 | about: U.S. banks are taking it on the chin today after Dubai said it needs a six-month reprieve on paying its bills, specifically the $59-billion borrowed to build one of the most ambitious...
The Gulf State's shock decision to seek a six-month standstill on debt of conglomerate Dubai World is not only a reminder of the deep problems in Dubai itself but highlights the biggest risk for markets in 2010: less...
JINJA-CHRISTIANS at St. Peter’s Church of Uganda in Namulesa, Mafubira sub-county were shocked when one of the members reported that somebody had stolen his money last Sunday. The morning service was progressing well until...
When African representatives travel to Copenhagen in early December for crucial international talks on climate change, they will strive to speak in unison. "For the first time in history," says Ethiopian Prime Minister Meles...
