CBN Auctions $418 Million to Boost Forex Liquidity

[Premium Times] The Central Bank of Nigeria, CBN, has auctioned $418 million at a marginal rate of N310 to a dollar, to airlines, agriculture, petroleum and raw materials sub sectors.

[Premium Times] The Central Bank of Nigeria, CBN, has auctioned $418 million at a marginal rate of N310 to a dollar, to airlines, agriculture, petroleum and raw materials sub sectors.

source: AllAfrica News: Nigeria

We Will Behave At Kathrada Memorial – ANCYL KZN

[News24Wire] The ANC Youth League says its members plan to attend Sunday’s memorial service for ANC stalwart Ahmed Kathrada in Durban – and promises that they will behave

[News24Wire] The ANC Youth League says its members plan to attend Sunday's memorial service for ANC stalwart Ahmed Kathrada in Durban - and promises that they will behave

source: AllAfrica News: South Africa

Hichilema Willfully Put Pres. Lungu’s Life In Danger – State House

State House has accused opposition leader Hakainde Hichilema of willfully putting the life of President Edgar Lungu in danger when the UPND leader allegedly ignored security protocal to put up a race with the presidential motorcade. Images have been trending … Continued

The post Hichilema Willfully Put Pres. Lungu’s Life In Danger – State House appeared first on Zambia Reports.

State House has accused opposition leader Hakainde Hichilema of willfully putting the life of President Edgar Lungu in danger when the UPND leader allegedly ignored security protocal to put up a race with the presidential motorcade. Images have been trending on social media since last night of the Presidential Motorcade in a rare race with a convoy of Hichilema’s entourage. A statement attributed to presidential spokesman Amos Chanda narrates the episode that took place during the Kuomboka Ceremony in Western Province where both leaders attended. Chanda says the route lining was done which involved sweeping the road to ensure there is no obstacle whenever is the president was passing from one place to another. According to Chanda, Hichilema and his convoy passed major check points in good time but slowed down so as to wait for The Presidential Motorcade. Chanda explains that the presidential motorcade had two options; to slow down and allow Hichilema to reach Limulunga or to bump him off and create some scene of sorts which is what he wanted. He says a decision was made to by pass Hichilema and it was clear no danger was posed to President Lungu at that point unless Hichilema went further ti ram into the presidential motorcade. Chanda says as the respect of their misbehaviour on the road, Hichilema and his entourage missed out on the banquet because they arrived later than the Head of State. They were not permitted to make a grand entry because it was against protocol. The post Hichilema Willfully Put Pres. Lungu’s Life In Danger – State House appeared first on Zambia Reports.

source: Zambia Reports

Buffaloes Wallop ‘Mighty’ Wanderers

Green Buffaloes this afternoon handed Mufulira Wanderers a 3-0 lesson on the second day of the FAZ Super Division kick-off. Buffaloes victory pushed the army side top of the table where they join Napsa Stars who also hauled an identical … Continued

The post Buffaloes Wallop ‘Mighty’ Wanderers appeared first on Zambia Reports.

Green Buffaloes this afternoon handed Mufulira Wanderers a 3-0 lesson on the second day of the FAZ Super Division kick-off. Buffaloes victory pushed the army side top of the table where they join Napsa Stars who also hauled an identical scoreline against Nchanga Rangers in Week One. At Heroes Stadium, the battle of the two Dynamos ended a thrilling 3-all result. Power Dynamos came from a 2-0 down to lead 3-2 but could not finish off the match with maximum points as Lusaka Dynamos collected a point at the death of time. Meanwhile, defending champions Zanaco were held to a 1-all draw on the first day of the MTN/FAZ Super Division by Red Arrows on Saturday. Bruce Musakanya put the airmen ahead in the 19th minute but Ziyo Tembo hit back five minutes later when he drilled home from close range. Red Arrows had skipper Bronson Chama sent off in the 48th minute for stomping Zanaco’s Ernest Mbewe. In the lunchtime kickoff at Heroes Stadium Andrew Phiri scored from the spot in the 22nd minute when City of Lusaka goalie Gift Ngwira brought down Greenwell Witika. Phiri’s goal was the first for 2017 MTN/FAZ Super Division with the Choma based side starting strong. Napsa Stars lead the log on three points alongside Choma Eagles and Lumwana with the pensioners having a better goal difference having scored more goals. MTN/FAZ Super Division Week One Full Results: Nkana 1-1 Nakambala Real Nakonde 0-0 Buildcon Kabwe Warriors 2-2 Nkwazi Lumwana Radiants 1-0 Forest Rangers Zanaco 1-1 Red Arrows City of Lusaka 0-1 Choma Eagles Napsa Stars 3-0 Nchanga Rangers SUNDAY 9th April, 2017 Green Buffaloes 3-0 Mufulira Wanderers Lusaka Dynamos 3-3 Power Dynamos Postponed: Zesco v Konkola Blades The post Buffaloes Wallop ‘Mighty’ Wanderers appeared first on Zambia Reports.

source: Zambia Reports

Finance Ministry Officials Charged, Remanded

[Monitor] Kampala -The two Finance ministry officials who were arrested for allegedly receiving a bribe of $333,200 (about Shs1.1b) from an investor during a high profile sting operation were charged with corruption on Friday.

[Monitor] Kampala -The two Finance ministry officials who were arrested for allegedly receiving a bribe of $333,200 (about Shs1.1b) from an investor during a high profile sting operation were charged with corruption on Friday.

source: AllAfrica News: Uganda

New Details Emerge On Museveni, Besigye Talks

[Monitor] Kampala -The Swedish mediator for the planned talks between President Museveni and four-time presidential candidate, Dr Kizza Besigye, secretly visited and held one-on-one, but separate, conversations with the two men in December 2016 and aga…

[Monitor] Kampala -The Swedish mediator for the planned talks between President Museveni and four-time presidential candidate, Dr Kizza Besigye, secretly visited and held one-on-one, but separate, conversations with the two men in December 2016 and again last month, this newspaper can reveal.

source: AllAfrica News: Uganda

Good News As Somalia, Gambia Look Like They Are Rising From the Ashes

[Nation] After a lengthy period of lethargy and inertia during which hunger and misery seemed to have become the face of Africa, it is gratifying to see a handful of countries initiate programmes intended to bring the grim season to an end.

[Nation] After a lengthy period of lethargy and inertia during which hunger and misery seemed to have become the face of Africa, it is gratifying to see a handful of countries initiate programmes intended to bring the grim season to an end.

source: AllAfrica News: Kenya