Govt Denying Us Access to Freed Chibok Girls, Alleges BBOG

[This Day] Abuja -The #BringBackOurGirls, (BBOG) advocacy group has accused the federal government of shielding them from making contact with the 106 of the freed Chibok girls currently undergoing rehabilitation at the Women Development Centre, Abuja.

[This Day] Abuja -The #BringBackOurGirls, (BBOG) advocacy group has accused the federal government of shielding them from making contact with the 106 of the freed Chibok girls currently undergoing rehabilitation at the Women Development Centre, Abuja.

source: AllAfrica News: Nigeria

Fayose – How Obasanjo Used Me Against

[This Day] Alleges former president knelt down to beg Ghaddafi for third term Ekiti State Governor, Ayodele Fayose, has made some of the most far-reaching revelations yet about the years in office of former President Olusegun Obasanjo.

[This Day] Alleges former president knelt down to beg Ghaddafi for third term Ekiti State Governor, Ayodele Fayose, has made some of the most far-reaching revelations yet about the years in office of former President Olusegun Obasanjo.

source: AllAfrica News: Nigeria

Obasanjo Begged Ghadaffi for Third Term On His Knees – Fayose

[Leadership] Ekiti State governor, Ayodele Fayose, has made some startling revelations about the years in office of former President Olusegun Obasanjo, saying the former Nigerian leader once went down on his knee to beg the late president of Lybia, Mou…

[Leadership] Ekiti State governor, Ayodele Fayose, has made some startling revelations about the years in office of former President Olusegun Obasanjo, saying the former Nigerian leader once went down on his knee to beg the late president of Lybia, Moummar Ghaddafi, to assist him in actualising his third term bid.

source: AllAfrica News: Nigeria

Environment Agency Turns Down Chinese Investor’s Sand Mining Bid

[Monitor] Wakiso -The National Environmental Authority (Nema) has rejected a proposal by a Chinese company to excavate sand along the shores of Lake Victoria at Kawuku in Nkumba Parish, Wakiso District.

[Monitor] Wakiso -The National Environmental Authority (Nema) has rejected a proposal by a Chinese company to excavate sand along the shores of Lake Victoria at Kawuku in Nkumba Parish, Wakiso District.

source: AllAfrica News: Uganda

Farmers/Herdsmen Clashes Will Consume Nigeria, Northern Govs Warn

[Leadership] Governors of the 19 Northern states of the federation have warned that if sentiments are not put aside, the persistent clashes between farmers and herdsmen will consume the region and the entire country.

[Leadership] Governors of the 19 Northern states of the federation have warned that if sentiments are not put aside, the persistent clashes between farmers and herdsmen will consume the region and the entire country.

source: AllAfrica News: Nigeria

Justice Minister Loses Land As Govt Cancels 46 Fake Titles

[Monitor] Wakiso -Justice and Constitutional Affairs minister, Maj Gen Kahinda Otafiire, has lost a prime piece of land at an upscale residential area on Entebbe Road, Wakiso District after the Ministry of Lands cancelled his land title.

[Monitor] Wakiso -Justice and Constitutional Affairs minister, Maj Gen Kahinda Otafiire, has lost a prime piece of land at an upscale residential area on Entebbe Road, Wakiso District after the Ministry of Lands cancelled his land title.

source: AllAfrica News: Uganda

Copper Price & Kwacha Recovery Give Zambia Positive Outlook

Investors are overlooking Zambia’s political risk and buying the nation’s assets as the price of copper, its biggest export, rises. The yield on Zambia’s $1 billion Eurobonds due April 2024 have fallen 135 basis points this year to 7.55 percent … Continued

The post Copper Price & Kwacha Recovery Give Zambia Positive Outlook appeared first on Zambia Reports.

Investors are overlooking Zambia’s political risk and buying the nation’s assets as the price of copper, its biggest export, rises. The yield on Zambia’s $1 billion Eurobonds due April 2024 have fallen 135 basis points this year to 7.55 percent on Wednesday. The southern African nation’s currency has appreciated 12 percent against the dollar in 2017, making the kwacha the continent’s best performer after Mozambique’s metical. Copper prices are at their highest in more than two years. The metal used in plumbing and electrical wiring accounts for about 70 percent of Zambia’s export earnings. At the same time, the country’s main opposition leader, Hakainde Hichilema has been detained for over 100 days on treason charges. President Edgar Lungu this month imposed emergency measures and gave the authorities extra powers to detain suspects for more than 48 hours, after what he said was an arson attack at the country’s biggest market, and parliament approved extending this for three months. “The drop in the yield of Zambian government bonds is 100 percent attributable to the copper price, as the political situation worsened over the course of the last months,†said Lutz Roehmeyer, a director at Landesbank Berlin Investment GmbH in Berlin, who helps oversee $2.6 billion including Zambian Eurobonds. “Politics have short legs and fundamentals are all that count.†Political tensions in the country could jeopardize its negotiations with the International Monetary Fund over an economic program, Fitch Ratings Ltd. said July 17. Zambia is still on course to reach a staff-level agreement with the Washington-based lender this month to take to its board for final approval in August, Finance Minister Felix Mutati said this week. Expectations that Zambia will access a loan from the fund has “allowed investors to put any concerns surrounding domestic political tensions to one side,†David Willacy, a foreign-exchange trader at INTL FCSTone Ltd. in London who monitors the kwacha, said. “It wouldn’t be all that surprising that in the event the country scuppered its chances of a IMF deal because of political decisions, the kwacha gave up all of its 2017’s strength,†he said by email. “Investor confidence in the country and its economy is built on a fragile economic recovery, and as quickly as dollars have come into the country this year, they could as quickly be removed.†Source: Bloomberg The post Copper Price & Kwacha Recovery Give Zambia Positive Outlook appeared first on Zambia Reports.

source: Zambia Reports

Disputed Jinja Plot Illegal, Commission of Inquiry Hears

[Independent (Kampala)] Kampala -Former State Minister for Lands and chairman of the Uganda Land Commission (ULC) Baguma Isoke has asked for more time to prepare a response as the Justice Catherine Bamugemereire Commission of inquiry into land matters …

[Independent (Kampala)] Kampala -Former State Minister for Lands and chairman of the Uganda Land Commission (ULC) Baguma Isoke has asked for more time to prepare a response as the Justice Catherine Bamugemereire Commission of inquiry into land matters probes the disputed Government property along plot 60-62 Aldina Rd, Jinja.

source: AllAfrica News: Uganda