Monday, 29 September 2014

Nigeria: South Africans to Sue TB Joshua


Photo: SCOAN
T.B. Joshua.
Two South Africans, who lost relatives when a guest house at the Synagogue Church of All Nations (SCOAN) in Lagos collapsed, have told the BBC they intend to sue Nigerian evangelist TB Joshua.
The two men, who both lost sisters in the collapse, are appealing for more families to come together in bringing a case against the preacher.
At least 115 people, including 84 South Africans, died when

Kenya Diaspora With Left-Hand Cars to Be Allowed Substitutes for Duty Waiver From November



New York — Kenyans living in countries where vehicles are left-hand driven will from November be able to enjoy a duty waiver that has been benefiting those living in nations with right-hand vehicles, President Uhuru Kenyatta has said.
The President announced this when he met Kenyans living in the US state of New York at a reception on Thursday night.
President Kenyatta had in August made a pledge that Government will facilitate the arrangement but it was delayed because such arrangements concerning importations of vehicles have to be done in consultation with the East African Community.
President Kenyatta said the consultations with the EAC will be held in January next year but a temporary arrangement has

Kenya: Mombasa to Tax Goods Imported Through Port


THE Mombasa county government has flexed its muscle by trying to control the stakes at the Kenya Ports Authority by introducing its own levies for all cargo passing through the facility.
In this year's 2014/15 Finance Bill, the county government has proposed a Transport Infrastructure Development Levy of US$2 (Sh174) per metric ton to be remitted by all ships calling at the port.
The levies will be collected by Mombasa county through the port managers once the bill is ratified and implemented.
"Transport Infrastructure Development Levy of US$2 per metric ton or US$10 per shipment, whichever is higher, to be levied on all marine cargo through the harbours/port, to be collected through port managers," reads part of the

Nigeria Earns N6.11 Billion From NGL Lifting in One Month


Nigeria earned about $38.19 million, about N6.11 billion from the lifting of 132,224 metric tonnes, MT, (about 966,822 barrels) of Natural Gas Liquid, NGL, in May 2014, the Nigerian National Petroleum Corporation, NNPC, has said.
The NNPC, in its Monthly Petroleum Information for May 2014, said the amount lifted was in spite of total NGL production of 140,780 MT. The price of NGL in the international market is about $39.5 per barrel.
Giving a breakdown of NGL production and lifting, the NNPC said a total of 51,210 MT of propane was produced in the period while 45,685MT was lifted.
The quantity of butane produced was

Liberia: Foreign Workers Favored By Mining Sectors


A study report has revealed that the Liberian labor force lacks skills to meet the bulk of the immediate hiring needs of mining companies operating in the country, while local businesses similarly suffer significant financial and technical constraints to meet mining companies' demands.
The report, presented in Monrovia on Thursday, 25 September by Kayla Casavant and Daniel Togba, was authored by Building Markets- a non-profit organization implementing the USAID's sustainable marketplace initiative, with additional support from the Australian Government. Worst in the report concerning the Liberian labor force, is a

West Africa: Ghana to Host 1st Ecowas Mining & Petroleum Forum and Exhibition (ecomof 2015)


press release
The first West African Regional Mining & Petroleum Forum and Exhibition, dubbed ECOMOF 2015, has been scheduled to take place in Accra from the 6th to the 8th of October, next year.
The three-day event is being organized by the Economic Community of West African States (ECOWAS) Commission, in collaboration with the Government of Ghana, under the auspices of the Ministries of Lands and Natural Resources, and Petroleum and Energy, and the AME Trade Limited.
The main theme for the event is 'Valorising West Africa's Mineral & Petroleum Resource through Regional Co-operation.'
ECOMOF 2015 is expected to feature more than 30 different conference sessions, three workshops and two roundtables with

Africa: Huawei to Invest Over U.S. $4 Billion in Fixed Broadband Technology Over Next 3 Years


Huawei has announced that it will be investing over US $4 billion in Fixed Broadband (FBB) technology research and development over the next three years.
The investment will focus on products and solutions which will support their customers with providing an improved service experience for end users. The announcement was made at the Huawei Ultra-Broadband Forum in London which has brought together industry professionals to address hot topics under the theme "Dream Broader, Band Together".
Huawei Products and Solutions President, Ryan Ding said, "Huawei has always been focused on customer needs and adding value through core technologies and innovation. As an information and communications technology leader, Huawei recognizes Fixed Broadband as a key direction for strategic investment and will continue to

Gambia: Top Turkish Investor Explores Gambia Investment Potentials


A high-profile Turkish investor Monday evening arrived in Banjul for a two-day long visit at the invitation of the Turkish ambassador to The Gambia, H.E. Ergin Soner, aimed at looking for opportunities and ways of investing in The Gambia.
It could be recalled that during the historic state visit to Turkey early this year, His Excellency Sheikh Professor Alhaji Dr. Yahya A.J.J. Jammeh Nasirul Deen Babili Mansa extended an invitation to the members of the business community from the trans-continental nation to explore the vast opportunities in The Gambia. Since then the number of Turkish investors visiting Banjul has risen significantly.
The visit to The Gambia of the owner and chairman of the Board of Kuanta Construction Company, Mr. Bulent Kilincarslan is in line with that framework. His Kaunta Company does many construction projects, but its main area of expertise is

Ethiopia: Swiss Companies Assessing Investment Opportunities in Ethiopia

A 12-businessperson delegation representing different Swiss companies is in Ethiopia to assess investment opportunities.
Speaking at Ethio-Swiss Business Forum on Monday Deputy Director of Ethiopian Investment Agency, Mohammed Seid, said Swiss companies will be profitable if they engage in the manufacturing sector which is prioritized by the government.
He particularly pointed out that textile and garment, leather and leather products, agro-processing, agriculture and construction are highly profitable and encouraged by the government.
The government has established pertinent institutions such as Ethiopian Investment Agency, Ethiopian Agricultural Transformation Agency and Ethiopian Agricultural Investment and Land Administration Agency that

Political Opposition Party Lambast SA’s Nuclear Deal With Russia


SOUTH AFRICA ELECTIONS DEMOCRATIC ALLIAN
VENTURES AFRICA – Helen Zille, the leader of South Africa’s official opposition, the Democratic Alliance (DA), has lashed out at the multi-billion dollar nuclear deal Moscow struck with Pretoria last week.
In an apparent reference to President Jacob Zuma, who struck the multi-billion dollar transaction which was announced last week, Zille said: “Someone is up to no good.”
She said the rush and privacy with which the deal was struck with Russia for the