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Zimbabwe's top rights lawyer won't relent JOHANNESBURG: As Zimbabwe approaches watershed elections, a renowned lawyer at the forefront of defending human rights activists, vowed never to give up even after her own arrest earlier this year.Beatrice Mtetwa spoke to journalists in Johannesburg Friday at the screening there of a film about her fight for the rule of law in Zimbabwe.Mtetwa was arrested in March when she went to represent clients during a raid of Prime Minister Morgan Tsvangirai's office. But she has refused to buckle under in the face of intimidation.She remains optimistic of change in Zimbabwe, a southern African country that has shifted from being a jewel of the continent to an international pariah during President Robert Mugabe's 33-year rule.Mtetwa's arrest for obstructing justice, a day after the country held a constitutional referendum in March, sparked international condemnation.She is hopeful that one day she will work under normal conditions in Zimbabwe."Things will change in Zimbabwe, ...

Armed Tuareg, Arab groups clash in northern Mali BAMAKO: Fighting has broken out in northern Mali between Tuareg separatists and local Arab-led gunmen, only days after the African country won a $4.2 billion aid pledge to help it recover from a conflict with rebels affiliated to al Qaeda.Rebel and military sources both confirmed the clashes, although they differed over precisely which groups were involved.The violence highlights how pockets of fighters who escaped a four-month French-led offensive against the al Qaeda-linked militants in the ...
Armed groups bomb Libyan military posts in Benghazi BENGHAZI: Armed groups attacked military posts in Libya's second city Benghazi with bombs and a rocket-propelled grenade, an army commander said on Saturday.Nearly two years after the uprising that ended Muammar Gaddafi's 42-year rule, the government still exerts little control over the armed brigades that helped overthrow him.Oil-producer Libya is largely split into fiefdoms of such brigades that are competing for influence.No one was hurt in the four overnight attacks on three Benghazi army posts, ...
Residents flee after Nigeria air raids on insurgent KANO: Residents of an insurgent stronghold in northeast Nigeria fled their homes on Saturday as military fighter jets and helicopters carried out heavy air strikes on Boko Haram camps. Nigeria launched a massive offensive against Boko Haram this week, deploying several thousand troops across three states where President Goodluck Jonathan declared a state of emergency after the insurgent seized territory and chased out the government. Dozens of insurgents have been killed in the fighting, the ...
Workers on illegal strike at chrome mine in South Africa: union JOHANNESBURG: Operations at a chrome mine in South Africa owned by chemicals group LANXESS have been suspended since Thursday after workers started an illegal strike over bonus payments, the National Union of Mineworkers (NUM) said on Saturday.The dispute at the mine in Rustenburg, 120 km (70 miles) northwest of Johannesburg, adds to growing labour tensions around South Africa's platinum belt, which are set to intensify over looming job cuts and wage talks in the sector."The ...
Egyptian police block Gaza border CAIRO: Egyptian police angered by the kidnapping of seven colleagues by rebels kept a crossing into the Gaza Strip closed again on Saturday, stranding hundreds of Palestinian travellers, witnesses said.The protest began on Friday when police strung barbed wire across the Rafah border post and chained up the gates, local residents said, a day after the abductions.Gunmen demanding the release of jailed militants had seized seven policemen and soldiers on a road between the Sinai ...
Greek PM in China touts country as European 'gateway' BEIJING: Greek Prime Minister Antonis Samaras on Friday touted his troubled but improving economy as an attractive entry point for Chinese investment into the European Union."Greece can become a real 'gateway' for investment and trade flows between China and Europe," Samaris told a Greek-Chinese business forum, according to a copy of his speech text.Samaris is visiting China, the world's second-largest economy, in a bid to strengthen economic ties. He met Chinese President Xi Jinping on ...

 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln