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World's oldest leader Mugabe triumphant ahead of 'obscene' birthday bash HARARE: The world's oldest leader, Zimbabwe's President Robert Mugabe, turns 91 on Saturday with much to celebrate -- even as critics condemn as "obscene" his lavish birthday party plans in a country he is accused of plunging into poverty.After years of international criticism, the European Union is resuming aid to the country and has already lifted sanctions on some senior government figures, while Mugabe has taken up the rotating chair of the African Union."To put it very bluntly Mugabe has won," said Richard Dowden, director of the London-based Royal African Society."An immense amount of Western pressure to step down and reverse some of his policies -- and he's done neither."When he came to power in 1980, Mugabe was a hero of the fight against white minority rule in the former Rhodesia.He won international praise for his declared policy of racial reconciliation and for extending education and health services to the ...

US eases Sudan communications sanctions WASHINGTON: The United States on Tuesday eased sanctions against Sudan by allowing Americans to send some communications hardware and software, including smartphones, officials said.The measure, which takes effect Wednesday, also covers computers and related accessories, the US Treasury Department said.Washington and Sudan have strained diplomatic relations and the United States has for years imposed sanctions on Sudan over a range of grievances including on human rights and Darfur.Last week, the United States hit out at ...
Four Tunisian police killed in 'terrorist' attack TUNIS: Four Tunisian police were killed on Tuesday in what the government labelled a "terrorist attack" in a region known as the base for the country's most dangerous militants group."On February 18, following a terrorist attack in Boulaaba in the governorate of Kasserine, four heroes of the National Guard were martyred," the interior ministry said in statement, without giving further details. Boulaaba is part of a mountain range on the Algerian border which is home ...
Nigeria's former president Obasanjo dumps ruling party LAGOS: Nigeria's former president Olusegun Obasanjo has quit the ruling party less than six weeks before a crunch general election and after repeated criticism of incumbent Goodluck Jonathan.Obasanjo publicly ripped up his membership card of the Peoples Democratic Party (PDP) on Monday, two days after claiming that Jonathan was seeking to stay in power "by hook or by crook".The 77-year-old former army general led a military government in the 1970s and served two terms as ...
Islamic State releases video purporting to show killing of 21 Egyptians in Libya CAIRO: Islamic State released a video on Sunday purporting to show the militant group beheading 21 Egyptian Christians kidnapped in Libya. The Egyptians, dressed in orange jump suits, were beheaded after being forced down on the ground. The video appeared on the Twitter feed of a website that supports Islamic State.Copyright Reuters, 2015 ...
Kenya to push ahead with digital TV switchover: government NAIROBI: The Kenyan government vowed Sunday to push ahead with a switch from analogue to digital television signals, a day after four key stations went off air.Officials from the government's Communication Authority, accompanied by police, switched off the analogue signal around midday Saturday at four major stations -- NTV, KTN, Citizen TV and QTV."We will not go back on digital migration," the information and communications ministry said in a statement, telling Kenyans it would give ...
Dozens of suspected Boko Haram sympathisers arrested in Niger ZINDER: Several dozen people suspected of having links to Nigeria's Boko Haram have been arrested in southern Niger since the start of cross-border attacks by the Islamist group a week ago, a local governor said."In the region of Zinder, we have a few dozen people whom we arrested for checking. They are suspects," Kalla Moutari told AFP in an interview late Saturday, adding that they were citizens of Niger.The suspects were sent to an "anti-terrorist ...


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Banking Review 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-1.586 bln
Exports $1.932 bln
Imports $3.518 bln
WeeklyMay 21, 2015
Reserves $17.75 bln