08242016Wed
Last update: Wed, 24 Aug 2016 01pm

Africa

World - Africa

Tension, confusion as South Sudan marks independence anniversary JUBA: The streets of South Sudan's capital were charged with tension on Saturday, the nation's fifth independence anniversary, after two days of sporadic fighting between government and former rebels that raised fears of high casualties.The latest violence on Friday in the world's youngest country represents yet another blow to a shaky peace deal that has so far failed to end the civil war that broke out in December 2013.The fresh fighting began when President Salva Kiir and rebel leader turned vice president Riek Machar met at the presidential palace and initially involved each man's bodyguards.The ensuing shootout, lasting about half an hour, quickly escalated from rifle fire to heavier weapons, raising fears of high casualties as it spread with machine-gun bursts and artillery explosions heard in several parts of town. The shooting subsided as night fell.A statement issued by South Sudan's embassy in Washington said the exchange of fire between ...

World - Africa

Niger Delta Avengers urge Nigeria's Buhari to visit southern oil hub YENAGOA: The Niger Delta Avengers, a Nigerian militant group which has claimed responsibility for a series of attacks on oil facilities in the country's southern energy hub, has urged President Muhammadu Buhari to visit the region.The militant group says it wants a greater share of Nigeria's oil wealth to go to the impoverished Delta region. Crude sales make up about 70 percent of Nigeria's national income and most of that oil comes from the southern ...

World - Africa

Egyptian court suspends implementation of central bank decree to limit CEO terms CAIRO: An Egyptian court suspended the implementation of a Central Bank decree to limit CEO terms on Sunday, according to the lawyer who appealed the decision. In March, Egypt's central bank set a 9-year term limit for all bank CEOs which would have forced eight of the country's banking heads out of their positions. Copyright Reuters, 2016 ...

World - Africa

Nigerian army says it freed over 5,000 people held by Boko Haram LAGOS: Nigeria's army on Sunday said it had freed more than 5,000 people held by the Islamist militant group Boko Haram during an operation over the weekend in the northeast of the country. Nigeria's army has over the last year, sometimes aided by troops from neighbouring countries, recaptured most of the territory that was lost to the group, which has waged a seven-year insurgency aimed at creating an Islamic state in the remote northeast. The ...

World - Africa

South African court blocks appeal by Zuma over corruption charges PRETORIA: South African President Jacob Zuma failed on Friday in his appeal against a court ruling that corruption charges against him be reinstated, another setback for the leader who has been facing calls for his resignation. The ruling puts further pressure on Zuma after a damning constitutional court judgment against him in March, and comes six weeks before local elections at which the ruling African National Congress faces a strong challenge from opponents seeking to ...

World - Africa

South African financial institutions can withstand Brexit shock: Zuma JOHANNESBURG: South African banks and financial institutions can withstand shocks after Britons voted in favour of quitting the European Union, President Jacob Zuma said on Friday. Zuma said the Treasury and the central bank were in talks with financial institutions on the possible implications of the Brexit vote on Africa's most industrialised country. "Our banks and financial institutions are well positioned to withstand financial shocks to the system as demonstrated in previous episodes including the ...

World - Africa

South African court rules Zuma can be charged over graft JOHANNESBURG: A South African court on Friday threw out President Jacob Zuma's attempt to appeal against a ruling that he should face almost 800 corruption charges that were dropped in 2009."We seriously considered whether the appeal would have reasonable prospects of success and came to the conclusion that there are no merits in the arguments," Judge Aubrey Ledwaba told the High Court in Pretoria.Copyright AFP (Agence France-Presse), 2016 ...