Rwandan technology has been boosted by the announcement that all new websites registering to use the local ‘‘.rw’’ domain will now be able to do so locally. Previously the domain name had been hosted and managed in Belgium, however Rwanda’s Information Communication Technology Association (RICTA) has now negotiated with the country’s regulatory bodies to host [...]
Written on March 30, 2010 | Posted in
Finance and Economics |
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UN Secretary General Ban-Ki Moon was asked Monday 29th March about the organisation’s plans for going forward in lawless Somalia. The UN has been involved directly in Somalia since deposing the Islamic Court Union (ICU) along with Ethiopian military assistance in 2006. The UN scribe responded by stating that they are working closely with and [...]
Written on March 30, 2010 | Posted in
Commentary,
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Figures suggest that Asia, China in particular, is now a bigger net investor in Africa than Western countries. China’s own statistics from 2008 indicate China-Africa trade volumes at $106.8 billion, a 45.1% increase on 2007. South Africa last year alone saw bilateral trade at over $16 billion. Apart from the loss of capital, many countries [...]
Written on March 30, 2010 | Posted in
Commentary,
Finance and Economics,
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Gill Marcus, governor of South Africa’s central bank yesterday March 25th announced a 50 point cut to the country’s repurchase rate, to a new level of 6.5%. The cut came as a surprise to the majority of experts, after recent data showed the country was on track to economic recovery. A handful of experts were [...]
Written on March 26, 2010 | Posted in
Finance and Economics,
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It would be no understatement to suggest that Libya and their leader Colonel Gaddafi have been intimately involved in the politics of neighbouring Chad. From serving as a middleman in the Chad – Sudan conflict, to being involved in internal reforms and power struggles, Gaddafi’s efforts loom large in the affairs of his country’s neighbour. [...]
Written on March 25, 2010 | Posted in
Analysis,
Inside Africa,
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As the political rumblings continue unabated, acting President, Dr Goodluck Jonathan who had earlier sacked the entire federal cabinet sent a fresh list of 25 nominees to the Senate for screening and possible confirmation as ministers. Seven of the ministers in the dissolved cabinet made it back while the remaining were either fresh nominees or [...]
Written on March 25, 2010 | Posted in
Analysis,
Commentary,
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The African continent has the lowest number of internet users in the world. This sad state of affairs is seriously holding back the development of the continent in terms of its citizens’ connectedness with the rest of the world, their access to information, and the subsequent development of knowledge, science and technology. The BBC’s Special [...]
Nigeria’s acting President Goodluck Jonathan Wednesday 17th March 2010 dissolved the country’s cabinet effectively removing the influence in government of the ‘Katsina Mafia’ loyal to ailing President Umaru Yar’adua. By dissolving the entire cabinet, Jonathan now has a chance to consolidate his power, cancel out those agents who were standing in his way, and put [...]
Written on March 18, 2010 | Posted in
Analysis,
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The IMF is currently engaged in a tour of a number of African countries. The managing director of the institution, Dominic Strauss-Kahn visited the continent from March 7 – 11 2010, highlighting the recovery from the global crisis the continent is making in various regions. Across the continent, growth of 4.5% is expected this year. [...]
Written on March 17, 2010 | Posted in
Finance and Economics,
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Corruption in many African countries has both active and passive effects according to a new report. African Development Indicators 2010, released by the World Bank March 15th 2010, suggests that the traditional focus in studies of corruption may not account for the full effects of the phenomenon. These studies usually look at the exchange of [...]
Written on March 17, 2010 | Posted in
Anti-Corruption Focus,
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