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Kenyan police fire teargas at protesters NAIROBI: Kenyan police in riot gear fired teargas and water cannon on Tuesday to disperse about 200 protesters gathered outside parliament to demonstrate against lawmakers' salary demands.Civil rights groups organised the protest, drumming up support through social media, to highlight Kenyans' anger that politicians are demanding higher pay so soon after a broadly peaceful election on March 4.The organisers said the "Occupy Parliament" march, was meant to help expose the political class in East Africa's largest economy widely regarded as greedy and corrupt.Protesters gave live pigs pig blood to feed on at the gates of parliament in the capital Nairobi to symbolise legislators who they dubbed "MPigs"."We have spilled the blood of the pigs to show that the MPs are greedy like pigs," said Boniface Mwangi before he and other organisers were arrested by police.Copyright Reuters, 2013 ...

Qadhafi cousin on trial in Egypt CAIRO: The cousin and former aide of slain Libyan leader Moamer Qadhafi appeared in court on Monday charged with the attempted murder of Egyptian police officers, an AFP reporter said.Ahmed Qaddaf al-Dam denied the charges which also included possessing unlicensed weapons and resisting arrest.The brief hearing was adjourned to Wednesday.Qaddaf al-Dam was detained in Cairo in March after a gunfight with police in his apartment and has been held in Egypt despite Libyan demands for ...
Thousands in need of 'immediate' food assistance in Niger: UN NIAMEY: The United Nations on Sunday said 800,000 people in Niger face food insecurity and that some 84,000 are in immediate need of assistance as the humanitarian crisis worsens in the impoverished landlocked African nation.Struck by droughts and shortages of crops, the United Nations Office for the Coordination of Humanitarian Affairs (OCHA) warned in a bulletin that the hunger season, from June through August, poses a significant danger. The harvest generally comes in September.OCHA said ...
Benghazi police bombed for second time in three days BENGHAZI: Two more police stations were attacked in Libya's eastern city of Benghazi in the early hours of Sunday morning, the local council said, after two others were bombed on Friday.The attacks are the latest signs of insecurity in Libya's second city, birthplace of the uprising that toppled the dictator Muammar Gaddafi in 2011.Nearly two years after his fall, rebel groups that helped to overthrow him are still refusing to disband and remain a more ...
Egyptian prosecutor orders release of detained activist CAIRO: Egypt's public prosecutor on Saturday ordered the release of a prominent activist detained at Cairo airport after flying from the United States over allegations of inciting a demonstration.Ahmed Maher was a founder of the April 6 movement that used social media to help kindle the uprising that toppled President Hosni Mubarak in 2011. He is being investigated over a protest outside the interior minister's home in March.Critics say it is the latest example of ...
Ethiopia arrests minister, 11 others over corruption ADDIS ABABA: Ethiopian police have arrested a minister and 11 other people on corruption charges, an official and state media said on Saturday, in the country's most high-profile swoop against graft for more than a decade.Businesses in the region regularly complain of corruption as an obstacle to their work. Transparency International ranked Ethiopia 113 out of 176 nations worldwide in its 2012 perception of corruption index, where No. 1 is considered least corrupt.That ranking puts ...
Morocco court jails Frenchman for paedophilia CASABLANCA: A court in Casablanca has sentenced a 60-year-old French citizen to 12 years in prison for paedophilia, Moroccan police said on Saturday, confirming a verdict announced earlier in the week.Police originally arrested the Frenchman on charges of paedophilia, "setting up a criminal organisation" and "illegal residency" in the kingdom.On Tuesday, a court handed the accused a 12-year jail term, police sources said, confirming reports in the Arabic-language dailies Akhbar al-Yaoum and Al-Massae. He also ...

 



 
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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