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South Africa opposition set for first black leader PORT ELIZABETH: Members of South Africa's opposition Democratic Alliance voted Sunday at a congress expected to elect the party's first black leader in what has been billed as a watershed moment for the mostly white party.Some 1,425 delegates from across the country began casting their votes by secret ballot early in the morning with all eyes on Mmusi Maimane, 34, the party's parliamentary leader and the favourite to succeed outgoing leader Helen Zille, who has led the party for eight years.Maimane was raised in the township of Soweto -- heartland of the anti-apartheid struggle -- and joined the Democratic Alliance (DA) only in 2009.He faces competition from Wilmot James, a 61-year-old mixed-race party veteran who is current the party's chairman. "Voting has closed and counting is now underway. Results are expected by 1 pm (1100 GMT)," said Congress Presiding Officer Penny Tainton.Sunday's vote marks "a milestone for the DA and ...

WHO declares Liberia Ebola-free MONROVIA: The UN health agency on Saturday declared Liberia Ebola-free, hailing the "monumental" achievement in the west African country where the virus has killed more than 4,700 people."The outbreak of Ebola virus disease in Liberia is over," the World Health Organization said in a statement, adding that 42 days had passed since the last confirmed case was buried."Interruption of transmission is a monumental achievement for a country that reported the highest number of deaths in ...
Kerry calls for unity to defeat terrorism NAIROBI: US Secretary of State John Kerry called for unity in the face of terror attacks Monday, as he visited a memorial in Kenya to the 1998 bombing of the US embassy.The embassy bombing by Al-Qaeda was the worst attack in the east African nation by militants, killing 213 people."The terrorists who struck on August 7, 1998 failed utterly in their purpose, which was to implant fear in the hearts of the Kenyan people and ...
About 160 more hostages rescued from Boko Haram stronghold: Nigerian army KANO: Nigerian troops have rescued about 160 more hostages from Boko Haram's Sambisa Forest stronghold in northeast Nigeria, the country's army told AFP on Thursday."We are still trying to compute the actual number of those rescued. But tentatively there are about 60 women of various ages and around 100 children," said army spokesman Sani Usman.Usman said one woman was killed in the fighting and eight other rescued hostages were injured. A soldier was also killed ...
Egypt's Sisi pledges elections in 2015 MADRID: Egyptian President Abdel Fattah al-Sisi vowed that parliamentary polls, originally set for last month, will be held before the end of the year, in an interview published Wednesday."I give my word: they will be held before the end of the year," he told El Mundo newspaper in an interview published on the eve of his official visit to Spain.Egypt's parliamentary polls were set to start on March 21 and run until May 7 but ...
Burundi constitutional court to examine president's third term bid BUJUMBURA: Burundi's constitutional court will examine the legality of President Pierre Nkurunziza's bid for a third term, the Senate said Wednesday, after days of violent protests over his plans to contest June elections. Venant Barubike, private secretary to the Senate president, told AFP that a motion had been submitted to the court seeking interpretation of key articles related to a possible presidential third term.At least five people have died in protests that erupted at the ...
Togo president extends lead in vote: partial results LOME: Togo's incumbent President Faure Gnassingbe has extended a strong lead over his main rival in a weekend poll, according to the latest partial results issued Tuesday.Gnassingbe looked poised to win a third term, with 69 percent of the vote against almost 18 percent for challenger Jean-Pierre Fabre, according to figures from the Independent National Electoral Commission (CENI).Gnassingbe's family has ruled the small west African country for almost half a century.The president, who first came ...

 



 
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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