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Burundi president sticks to third term bid despite protests BUJUMBURA: Burundi's President Pierre Nkurunziza will continue his bid for a third term in power, a spokesman said Tuesday dismissing calls by protestors who have clashed with police for three days.At least five people have died since clashes broke out Sunday after the ruling CNDD-FDD party, which has been accused of intimidating opponents, designated Nkurunziza its candidate in for presidential elections due to be held in the central African nation on June 26."We won't back down, that is out of the question," presidential communications chief Willy Nyamitwe told AFP, blaming demonstrators for the violence and accusing some of them of carrying guns."This path of violence they have chosen, we recall the darkest years of our history," he said.The government has banned all protests and deployed large numbers of police and troops onto the streets, firing live ammunition, tear gas and water cannons, with hundreds of stone-throwing protesters arrested.Some of the ...

One dead, 90 injured in South Africa train crash: officials JOHANNESBURG: A train driver was killed and at least 90 other people injured on Tuesday when two crowded commuter trains collided in Johannesburg, South African officials said, adding that emergency teams had cut one woman free from the wreckage."Paramedics, along with various services, arrived on the scene and found the wrecked trains blocking the tracks completely," Russel Meiring, spokesman for the ER24 paramedic group, said."Bent metal and parts of the train had been spread across ...
I.Coast's Ouattara nominated to seek re-election as president ABIDJAN: The ruling coalition in Ivory Coast on Saturday nominated incumbent President Alassane Ouattara for re-election in October's presidential poll as the country seeks to move on from years of political turmoil.Ouattara's official nomination was announced by former Ivorian head of state Henri Konan Bedie, with Gabon's President Ali Bongo Ondimba also attending a grand ceremony held in the country's biggest stadium in Abidjan.The 73-year-old Ouattara, decked out in a white hat and shirt, made ...
Togo votes for a new president LOME: Togo votes for a new president on Saturday, with the incumbent Faure Gnassingbe seeking a third term in office to extend his family's grip on power into a second half-century.Polling stations in the tiny West African nation open at 0700 GMT, with some 9,000 police and soldiers on patrol, and with borders shut until Sunday morning for security reasons.Gnassingbe, 48, has been in power since the death of his father, Gnassingbe Eyadema, in 2005, ...
Ebola retreat brings cheer to Sierra Leone chimps FREETOWN: In the rising afternoon humidity 30-year-old Tom sits in the shade, picking fleas off his neighbour, unaware of how close he came to losing his home to Ebola.Tom is a chimpanzee -- one of around 5,500 in Sierra Leone for whom the tropical fever poses as deadly a threat as it does to humans.His rainforest sanctuary in the verdant hills around the capital Freetown suddenly found itself forced to close in August last year ...
Billion dollar wildlife and gold trade fuelling DR Congo war: UN NAIROBI: Smuggling of ivory, gold and timber worth over a billion dollars a year is fuelling war by funding dozens of rebel groups in Democratic Republic of Congo, a UN report warned on Friday."Militarised criminal groups with transnational links are involved in large-scale smuggling" of "gold, minerals, timber, charcoal and wildlife products such as ivory" of up to $1.3 billion (1.2 billion euros) each year from eastern DRC, the UN Environment Programme (UNEP) said.The revenues ...
South African anti-immigrant attacks spread to downtown Johannesburg JOHANNESBURG: Twelve people were arrested overnight as anti-foreigner attacks in South Africa spread to parts of downtown Johannesburg, police said Friday."Twelve suspects were arrested for trying to break into foreign-owned shops," said police spokesman Lieutenant Colonel Lungelo Dlamini. It was the latest incident in a wave of immigrant-targeted violence that began earlier this month in the port city of Durban, leaving at least six people dead.According to local reports, the protesters from a local hostel ...

 



 
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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