VIDEO: ‘Africa Loses 136 Shillings Trillion in Tax Incentives per Year ‘ Kampala, Uganda | NBS | African countries lose more than over 136 trillion shillings (the equivalent of 38.6 billion dollars) a year in tax incentives given to foreign investors. This revelation was made by Logan Wort, the executive secretary …
Read More »Sudan’s Bashir aims to ease Egypt concerns over Nile dam
Khartoum, Sudan | AFP | Sudan’s President Omar al-Bashir said Thursday that the construction of Ethiopia’s controversial Grand Renaissance Dam on the Nile River would not impact water supplies to Egypt as feared by Cairo. Visiting Ethiopian Prime Minister Hailemariam Desalegn, for his part, said the project was a “win-win” for …
Read More »VIDEO: MPs to Receive Cash for Consulting Voters on Constitutional land Amendments
VIDEO: MPs to Receive Cash for Consulting Voters on Constitutional land Amendments Kampala, Uganda | NBS | Parliament has earmarked unspecified amounts of money for legislators to consult their voters on the proposed constitutional amendments on government forceful acquisition of private property prior to compensation. This development comes at a time …
Read More »Mass burials for Sierra Leone flood victims
Freetown, Sierra Leone | AFP | The first mass burials of victims of Sierra Leone’s devastating floods and mudslides take place on Thursday, as blame grew over government “inaction” over deforestation and poor urban planning. As it emerged that at least 105 of the dead were children, citizens and experts alike …
Read More »Alibaba profit nearly doubles on robust revenues
Shanghai, China | AFP |Chinese e-commerce giant Alibaba said Thursday its net profit almost doubled in the latest quarter on the back of solid revenue growth in its core shopping business and in cloud computing. Alibaba, which has made billionaire founder Jack Ma one of China’s richest men and a …
Read More »Landslide kills 40 in northeast DR Congo
Bunia, DR Congo | AFP | A landslide has swept over a fishing village on the banks of a lake in the northeast Democratic Republic of Congo, killing 40 people, a regional official said Thursday. Part of a mountain engulfed “a fisherman’s camp after heavy rains caused a landslide” the deputy …
Read More »Saudi king orders reopening of Qatar border to pilgrims
Riyadh, Saudi Arabia | AFP | Saudi Arabia on Thursday ordered the reopening of its border with Qatar to Muslim pilgrims, a move which Doha said was welcome but too little to heal relations between the feuding Gulf neighbours. The Salwa border crossing, also known as Abu Samrah, a key passage …
Read More »Brigitte Macron says will take on informal role as first lady
Paris, France | AFP | Brigitte Macron, the wife of French President Emmanuel Macron, said she will adopt the role of first lady, but only in an informal capacity after opposition to plans to give her an official status. Speaking to Elle magazine in her first interview since her husband’s election …
Read More »New US envoy reassures Japan over security pact
Narita, Japan | AFP | The new US ambassador to Japan on Thursday reassured the country of an “ironclad” commitment to their security alliance, but urged Tokyo to step up its role in the pact, amid heightened tensions over North Korea’s missile threats. Tokyo remains on alert against potential military provocations …
Read More »India clears $650 mn Boeing army chopper deal: defence sources
New Delhi, India | AFP | India approved a $650 million purchase of six attack choppers Thursday from US aviation giant Boeing, officials said, as it boosts its military might amid border tensions with China and Pakistan. The Defence Acquisition Council (DAC), which approves big-ticket purchases, gave the green light to …
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