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South African minister killed in car crash JOHANNESBURG: South African cabinet minister Collins Chabane was killed in a car crash on Sunday, President Jacob Zuma said. Chabane was a minister in the President's office and a member of the ruling African National Congress (ANC) National Executive Committee."We are deeply shocked and saddened by this untimely death of an outstanding cadre of our liberation struggle and a competent, accomplished and dependable member of my cabinet," Zuma said in a statement.Chabane, in his capacity as minister, had lead the planning for the funeral of former President Nelson Mandela. Copyright Reuters, 2015 ...

Zambia's president recovering after surgery in South Africa LUSAKA: Zambia's new President Edgar Lungu has undergone surgery in a South African hospital to correct a narrowing of the oesophagus which caused him to fall ill a week ago, his spokesman said. Lungu underwent "a medical procedure" on Friday and he was expected to be discharged from the Pretoria hospital later on Saturday, spokesman Amos Chanda said in a statement. "Doctors have said the results of the procedure were good. The president has been ...
Egypt plans to build new capital east of Cairo SHARM EL SHEIKH: Egypt plans to build a new administrative and business capital east of Cairo that will house five million people and feature a theme park "four times bigger than Disneyland", a minister announced at a global investor conference.Housing Minister Mustafa Kamel Madbuli said the new city would relieve pressure on overcrowded Cairo, with its population of 18 million expected to double in coming decades."The idea to build the new city originated from our ...
West Africa to suffer hefty losses due to Ebola outbreak: UN report ISLAMABAD: The region of West Africa would lose at least 3.6 billion US dollars per year on average between 2014 and 2017 as a consequence of ripple effects of Ebola, according to a UN report released.Due to a decrease in trade, closing of borders, flight cancellations as well as reduced foreign direct investment and tourism activity, the region as a whole will witness the loss of GDP and as well a drop of 18 dollars ...
Egypt to begin Mubarak, sons retrial in graft case April 4 CAIRO: The retrial of ousted Egyptian president Hosni Mubarak and his two sons on charges of corruption will open on April 4, a judicial official said on Monday.In January, the Court of Cassation overturned Mubarak's conviction on corruption charges and ordered that he and his sons Alaa and Gamal be tried again.A lower court had sentenced Mubarak to three years and his sons to four years for allegedly embezzling 16 million dollars (14 million euros) ...
French, Belgian and three others dead in Mali shooting: police BAMAKO: Five people, including French and Belgian nationals, were shot dead overnight in an attack on a restaurant in the Malian capital Bamako, police and an AFP reporter on the scene said on Saturday."This is a terrorist attack, although we're waiting for clarification. Provisionally, there are four dead -- one French national, a Belgian and two Malians," a policeman told AFP, adding that the dead included a police officer passing at the time of the ...
Steyn praises firefighters for saving Cape Town home AUCKLAND: South African spearhead Dale Steyn praised firefighters who saved his Cape Town mountain home from the devastating flames which have engulfed one of the country's most popular tourist destinations.Emergency rescue workers said several homes were destroyed in the wildfires while one firefighter was injured as the inferno raged through South Africa's spectacular Table Mountain.An estimated 3,000 hectares of land have been destroyed, according to local media, with helicopters dropping water bombs on to the ...


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ICT 2014

Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-999 mln
Exports $2.064 bln
Imports $3.063 bln
WeeklyMarch 13, 2015
Reserves $16.273 bln