Parliament Wants to Restrict Government Borrowing

[Nation] Parliament wants to restrict government borrowing to an amount that is Sh82 billion less than the National Treasury’s proposal in order to deal with corruption and irresponsible spending.

[Nation] Parliament wants to restrict government borrowing to an amount that is Sh82 billion less than the National Treasury's proposal in order to deal with corruption and irresponsible spending.

source: AllAfrica News: Kenya

All Government Agencies Expected to Make Election Come to Pass

[Nation] The Constitution provides that the General Election should be held on the second Tuesday in August of every fifth year. In 2017, that date will fall on August 8. As such, all government agencies will be expected to make this constitutional req…

[Nation] The Constitution provides that the General Election should be held on the second Tuesday in August of every fifth year. In 2017, that date will fall on August 8. As such, all government agencies will be expected to make this constitutional requirement come to pass.

source: AllAfrica News: Kenya

Sunrise FC Coach Ibeh Cries Foul as Club Faces Financial Crisis

[New Times] Barely a quarter into the season Sunrise FC head coach Andrew Ibeh has expressed his concern about what he described as “deteriorating financial situation” at the club that has gone three months without paying both their players and coachin…

[New Times] Barely a quarter into the season Sunrise FC head coach Andrew Ibeh has expressed his concern about what he described as "deteriorating financial situation" at the club that has gone three months without paying both their players and coaching staff.

source: AllAfrica News: Rwanda

340 Teachers Get Training in Multiple Skills

[New Times] At least 340 teachers trained as school based mentors in English language, education leadership, conflict resolution and ICT under Rwandan Teacher Education Programme (RTEP) graduated last week after completing a three-week training.

[New Times] At least 340 teachers trained as school based mentors in English language, education leadership, conflict resolution and ICT under Rwandan Teacher Education Programme (RTEP) graduated last week after completing a three-week training.

source: AllAfrica News: Rwanda

House of Reps Gives Conditions for Approval of N9 Trillion Loan

[Leadership] The House of Representatives has declared that it would not consider the request by President Muhammadu Buhari seeking its approval for an external loan of $29.96 billion (N9 trillion) until necessary details including the borrowing plan a…

[Leadership] The House of Representatives has declared that it would not consider the request by President Muhammadu Buhari seeking its approval for an external loan of $29.96 billion (N9 trillion) until necessary details including the borrowing plan and sources of the loan are provided.

source: AllAfrica News: Nigeria

Lafarge Loses U.S.$350k to Dealer

[The Herald] Lafarge Cement Zimbabwe allegedly lost 1 503 tonnes of cement worth about $350 000 to Building Centre in a botched storage deal. Candellar Investments (Pvt) Ltd trading as Building Centre and its director, Saim Sirdar (29), appeared before…

[The Herald] Lafarge Cement Zimbabwe allegedly lost 1 503 tonnes of cement worth about $350 000 to Building Centre in a botched storage deal. Candellar Investments (Pvt) Ltd trading as Building Centre and its director, Saim Sirdar (29), appeared before Harare magistrate Mr Lazini Ncube facing theft of trust property charges.

source: AllAfrica News: Zimbabwe

Hoops League – IPRC-South Still in Title Race, Insists Mushumba

[New Times] IPRC-South Charles Mushumba has commended his players and urged for consistency after returning to winning ways with a 59-48 victory over Rusizi in the national basketball league game played on Saturday in Huye.

[New Times] IPRC-South Charles Mushumba has commended his players and urged for consistency after returning to winning ways with a 59-48 victory over Rusizi in the national basketball league game played on Saturday in Huye.

source: AllAfrica News: Rwanda

ZPC Seeks to Use U.S.$14 Million of Bond Towards Kariba

[The Herald] Harare -The Zimbabwe Power Company (ZPC) is seeking permission from bondholders to divert $14 million it raised under the $50 million bond for re-powering the Harare Power Station, to finance completion of Kariba South Power Station, the u…

[The Herald] Harare -The Zimbabwe Power Company (ZPC) is seeking permission from bondholders to divert $14 million it raised under the $50 million bond for re-powering the Harare Power Station, to finance completion of Kariba South Power Station, the utility's financial advisors said.In a circular to bond holders, the advisors said ZPC submitted a request for a change of use of the bond proceeds raised by the Infrastructure Development Bank of Zimbabwe (IDBZ) for the Repowering of Harare Power Station (HPS Project) under the $

source: AllAfrica News: Zimbabwe

Zim-China Wanjin Joint Venture Bears Fruit

[The Herald] Chinhoyi -The long standing partnership between the Zimbabwe Defence Forces and its Chinese partners has significantly contributed to mechanisation and full utilisation of land as more than 2 000 hectares have been put under various crops …

[The Herald] Chinhoyi -The long standing partnership between the Zimbabwe Defence Forces and its Chinese partners has significantly contributed to mechanisation and full utilisation of land as more than 2 000 hectares have been put under various crops in Mashonaland West province.Consummated as a buffer against sanctions-induced food shortages, the Zim-China Wanjin Agricultural Development Company, has managed to put 1240ha of land under maize. At least 530ha of the total land under the maize crop is being supported through Gove

source: AllAfrica News: Zimbabwe