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Toll rises to 13 dead from Somali hotel bomb MOGADISHU: Somalia's Shebab insurgents killed at least 13 people Sunday in a bomb attack on a hotel in the capital Mogadishu, a security official said on Monday, updating an earlier death toll."The devastation was huge, and so far 13 people, all of them innocent civilians, have been confirmed dead," government security officer Ahmed Ali said. "Some of the wounded died last night, while other bodies were recovered under the wreckage of nearby buildings."Initial reports had put the death toll at six.Copyright AFP (Agence France-Presse), 2015 ...

At least 15 dead after blast at market in northern Nigeria DAMATURU: A blast set off by a female suicide bomber tore through a crowded market in the northeastern Nigerian city of Damaturu on Sunday, killing at least 15 people, a police spokesman said.No one has claimed responsibility for the explosion, which witnesses said occurred at around 9.30 a.m. (0830 GMT)."Fifteen people have been confirmed dead so far and more dead bodies are being brought to the hospital," said police spokesman Toyin Gbadegasin. Witnesses said around ...
Obama urges young Kenyans to shape their future       NAIROBI: Billing himself as America's first Kenyan-American president, Barack Obama implored Kenya's youthful populous to cast aside "bad traditions" and forge a more just and inclusive future Sunday. Seeking to leverage his status as a "son of the soil" and his vast local popularity, Obama said his ancestral homeland was at a crossroads replete with peril and opportunity."The future of Africa is up to Africans," he told a raucous crowd in an indoor arena at ...
Kenya lockdown as Obama comes to talk security, trade NAIROBI: US President Barack Obama arrives in his ancestral homeland Kenya late Friday, with a massive security operation under way to protect him from Al-Qaeda-linked Somali militants.Obama, making his first visit as president to his father's birthplace, will address an entrepreneurship summit and hold talks on trade and investment, security and counter-terrorism, and democracy and human rights.Parts of the Kenyan capital Nairobi have been locked down and airspace will be closed during the president's arrival ...
Volcano forces fresh shutdown of Bali airport DENPASAR: Ash spewing from a volcano closed the airport on the Indonesian resort island of Bali Wednesday for the third time this month, forcing the cancellation of flights and stranding tourists during peak holiday season.Mount Raung on Indonesia's main island of Java, which has been rumbling for weeks, sent an ash cloud floating over Bali that closed the island's Ngurah Rai airport, the transport ministry said. Two small airports on Java serving domestic routes were ...
Burundi's Nkurunziza: ex-rebel, born-again Christian who divided a nation BUJUMBURA: A former sports teacher, ex-rebel, born-again Christian and football fanatic, Burundi President Pierre Nkurunziza has divided the nation over his bid to secure a third term in office.Violent clashes between protesters and security forces began in April following the announcement that 51-year-old Nkurunziza, from Burundi's majority Hutu ethnic group, would stand for a third consecutive five-year term -- something his opponents say is a violation of the constitution and a peace deal that ended ...
Burundi's presidential election delayed to July 21 BUJUMBURA: Burundi's presidential election has been postponed to July 21 from July 15, a presidential spokesman said on Saturday, after African leaders called for a delay in a bid to resolve the nation's worst political crisis since a civil war ended in 2005.President Pierre Nkurunziza's announcement on April 25 that he planned to seek a third term in office triggered weeks of protests by opponents who say it violates the constitution. The president cites a ...

 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln