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84 South Africans killed in Nigeria church collapse: official JOHANNESBURG: The number of South Africans known to have died in the collapse of a multi-storey megachurch in Lagos last week has risen to 84, Pretoria's high commissioner to Nigeria said on Friday."The number has risen from 67 to 84, with more bodies discovered on Thursday," Lulu Mnguni told AFP.Copyright AFP (Agence France-Presse), 2014 ...

Former Ivory Coast president backs Ouattara for 2015 election DAOUKRO: Ivory Coast President Alassane Ouattara on Wednesday received the endorsement of former president Henri Konan Bedie for re-election in 2015, boosting his chances of a second term. Support from Bedie, who heads the Democratic Party of Ivory Coast (PDCI), was previously uncertain and some had speculated that his party would field a separate candidate."Before the nation assembled here, I am giving clear guidance to support your candidacy at the next presidential election," Bedie said, ...
Libyan PM seeks to reassert authority as oil production is hit BENGHAZI: Libya's acting prime minister sought to reassert authority over his turbulent country by naming a new cabinet on Wednesday, but some lawmakers threatened to veto his choices and a rival assembly continued to hold sway in the capital. In a sign of the government's inability to control the vast desert nation, which has been rocked by anarchy, Libya's biggest oilfield stopped working after rockets fired by an armed group hit a refinery storage tank. ...
West African powerhouse Ivory Coast battles to keep out Ebola ABIDJAN: The billboard depicts a masked health worker in a biohazard suit looming over a bed-ridden patient. Above them, bright red letters warn commuters on a busy Abidjan street that "The Ebola risk is always there".As Ivory Coast campaigns to fend off an Ebola outbreak ravaging neighbouring West African states, such grim reminders of the catastrophe unfolding across its western border are everywhere. The worst recorded outbreak of the virus has killed over 2,400 people ...
United Nations says $1bn needed to fight Ebola ISLAMABAD: Nearly $1.0 billion dollars is needed to fight the Ebola outbreak raging in west Africa, the United Nations said Tuesday, more than doubling the estimate it made less than a month ago.UN humanitarian chief Valerie Amos told reporters in Geneva there was a "huge funding challenge", warning that "if not dealt with effectively now, Ebola could become a major humanitarian crisis in countries currently affected," Khaleej Times Reported.The response to the crisis will require ...
Obama: Ebola crisis 'spiraling out of control' ATLANTA: President Barack Obama issued a global call to action to fight West Africa's Ebola epidemic on Tuesday, warning the deadly outbreak was unprecedented and "spiraling out of control," threatening hundreds of thousands of people.Speaking as he unveiled a major new US initiative which will see 3,000 US military personnel deployed to West Africa to combat the growing health crisis, Obama said the outbreak was spreading "exponentially.""Here's the hard truth. In West Africa, Ebola is ...
Kenya aims to add 1,200 MW to creaking power grid NAIROBI: Kenya plans to add 500 megawatts (MW) of electricity to the national grid from natural gas deposits, the energy minister said on Tuesday, taking steps to address chronic power shortages that critics say have discouraged investments.Davis Chirchir said the government was also considering a second attempt to seek bids for the construction of a 700 MW liquefied natural gas power plant near the port city of Mombasa.Firms who tendered last year for the LNG ...

 



 
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Banking Review 2013


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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln