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Rights groups decry Ethiopia press clampdown ahead of elections NAIROBI: Rights groups said elections on Sunday in Ethiopia, Africa's second most populous country, would not be free or fair due to a clampdown on freedom of speech.Ethiopia on Sunday holds its first general election since the death of long-time strongman Meles Zenawi whose successor, Hailemariam Desalegn, is almost certain to stay in office.Over 36.8 million Ethiopians have registered to vote in what is seen by the international community as a key test of the state's commitment to bringing greater democracy to the Horn of Africa nation.Rights groups routinely accuse Ethiopia of clamping down on opposition supporters and journalists and using anti-terrorism laws to silence dissent and jail critics."Citizens are expected to choose the right party to lead them for the next five years. To do so, they need to have a clear understanding of their country's political, social, and economic situation," the US-based Committee to Protect Journalists said, with ...

Burundi leader makes first appearance since failed coup BUJUMBURA: Burundi's President Pierre Nkurunziza on Sunday made his first appearance since an attempted coup, warning of a threat from Shebab militants and sending a clear message he is in charge of the central African nation.Dressed in a blue blazer and polo shirt, the president smiled and shook hands with reporters at the presidency in Bujumbura's city centre. He gave only a brief statement, without even mentioning the failed plot to overthrow him.A group of ...
Gunmen kill 2 Egypt judges, prosecutor in Sinai CAIRO: Gunmen killed two Egyptian judges and a prosecutor Saturday in the Sinai Peninsula, where security forces are battling an Islamist insurgency spearheaded by an Islamic State group affiliate, officials said.The shooting in North Sinai's provincial capital El-Arish also killed the officials' driver and wounded another prosecutor, the health ministry said.Police initially said three judges were killed in the attack that came hours after a court in Cairo sentenced ousted president Mohamed Morsi to death ...
Burundi president back in capital, to address nation Friday BUJUMBURA: Burundi's President Pierre Nkurunziza has returned to the capital Bujumbura following a failed coup attempt and will address the nation on Friday, officials in the president's office said."He is in Bujumbura in a very secure place," an aide to the president told AFP. "He will address the nation today."Copyright AFP (Agence France-Presse), 2015 ...
Nigeria's Jonathan says friends abandoned him after defeat LAGOS: Outgoing Nigerian President Goodluck Jonathan said Sunday that some of his friends deserted him shortly after he conceded defeat to his rival General Muhammadu Buhari in the March election.Jonathan publicly conceded defeat to Buhari on March 31, a decision which was commended by local and foreign commentators and doused tension in the country."Some hard decisions have their own costs. No doubt about that. It is a very costly decision but I must be very ...
South Africa opposition set for first black leader PORT ELIZABETH: Members of South Africa's opposition Democratic Alliance voted Sunday at a congress expected to elect the party's first black leader in what has been billed as a watershed moment for the mostly white party.Some 1,425 delegates from across the country began casting their votes by secret ballot early in the morning with all eyes on Mmusi Maimane, 34, the party's parliamentary leader and the favourite to succeed outgoing leader Helen Zille, who has ...
WHO declares Liberia Ebola-free MONROVIA: The UN health agency on Saturday declared Liberia Ebola-free, hailing the "monumental" achievement in the west African country where the virus has killed more than 4,700 people."The outbreak of Ebola virus disease in Liberia is over," the World Health Organization said in a statement, adding that 42 days had passed since the last confirmed case was buried."Interruption of transmission is a monumental achievement for a country that reported the highest number of deaths in ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMarch
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln