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/ 30 March 2008

Botswana CEO Mogae to exit the boardroom

Festus Mogae is to stand down as Botswana’s president on Tuesday after a decade in which his country cemented its status as one of Africa’s success stories despite fears it could be wiped out by HIV/Aids. Mogae, who hands over the reins of power to his long-time heir apparent Ian Khama, styled himself as the ”chief executive” of a nation of about two million.

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/ 4 February 2008

Warring Sri Lanka marks 60 years of independence

With a parade of tanks, troops and rocket launchers, Sri Lanka on Monday marked its 60th anniversary of independence from Britain amid tight security after a string of attacks blamed on Tamil Tiger rebels. Thousands of police and troops were on high alert in the capital Colombo as the island’s armed forces put on a show of military might.

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/ 24 December 2007

Zuma to look into inflation targeting

Jacob Zuma, the new leader of the African National Congress said on Sunday that he would look at inflation targeting, a key monetary policy tool used by the Reserve Bank to reign in inflation. The country adopted the policy in 2000 as a framework through which the central bank estimates a ”target” inflation rate.