archives : October 2008


Nigeria - International
Some visiting foreign investors, including top flight fund managers from South Africa, United States and the United Kingdom, have expressed their confidence in the Nigerian Stock Exchange (NSE), which has recently been experiencing bearish trends. - Wednesday 29 October 2008

Uganda - United States
With fears of a financial meltdown still streaming in Uganda, investors have sold their shares costing the local stock market about Shs114 billion in losses. - Wednesday 29 October 2008

Thursday has been declared as a public holiday to allow registered voters to possible cast their votes. Zambians would be electing the republican President to replace the late President, Levy Mwanawasa, who died in France on August 19, 2008. - Wednesday 29 October 2008

Nigeria - International
Nigeria will host the 2009 Under-17 World Cup, after President Umaru Yar’Adua gave the all clear for a new hosting price tag of 9 billion naira to be included in next year’s federal budget (US$1=118 naira) - Tuesday 28 October 2008

United States
The day after Colin Powell endorsed Barack Obama last week, the Democratic nominee said he would be happy to take on the former Republican secretary of state as a senior adviser in an Obama White House. - Tuesday 28 October 2008

Panafrica - Ethiopia
Africa Hall, the place where the first summit of the Organisation of African Unity (OAU) took place, is to be preserved as the continent’s historical heritage and monument. - Tuesday 28 October 2008

Air Arabia, a low-cost flyer based in the Middle East, has entered the Kenyan air space, seeking a piece of the market out of the country into the United Arab Emirates (UAE). - Tuesday 28 October 2008

South africa - China - Japan
In a bid to raise money for elephant conservation projects, Namibia, Botswana, South Africa and Zimbabwe yesterday, put on auction over a 100 tonnes of ivory to buyers from China and Japan. - Tuesday 28 October 2008

In a bid to secure the permanent presidential seat come October 30, Stand-in Zambian President Rupiah Banda, while addressing a campaign rally at Kalumbwa High School grounds in Lufwanyama, yesterday morning promised to invest heavily in the mines sector to make way for more exploitation of the country’s abundant mineral resources, to promote good agricultural policies and also create thousands of jobs. - Tuesday 28 October 2008

Monday’s SADC meeting in Harare again ended in a stalemate as talking parties didn’t move an inch in their demands. After more than 13 hours of talk no progress was made. The meeting ended around 2 am Tuesday. - Tuesday 28 October 2008

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