SHARES in African Life Assurance fell sharply in the wake of the unbundling of stakes in the group by Real Africa Holdings (RAH) and Real Africa Investments Ltd (RAI). ”Real Africa Holdings and Real Africa Investments have unbundled their stakes in Aflife and it would seem some of the recipients of the shares are selling,” […]

MARK BENDEICH, London | Monday MINING and metals group Billiton Plc grabbed Australia’s prized Worsley alumina refinery, buying a 56% stake in the plant from U.S. aluminium giant Alcoa Inc for $1.49bn. Billiton, in its second major acquisition in less than a week, said its total stake in the outback refinery, one of the world’s […]

US President Bill Clinton has praised Tanzania for its efforts to help bring peace to neighbouring Burundi and carry out economic reform at home. Clinton, the first US president to set foot in Tanzania, said he wanted to encourage more foreign investment there. Clinton paid tribute to Tanzanian President Benjamin Mkapa as a ”champion of […]

BARELY a month after the European Union (EU) a fish export ban on Uganda, there are growing fears that the ban could be reinstated. A local newspaper reported that the country is behind schedule in implementing changes laid down by the EU geared to bring the fishing industry in line with their regulations. Dr James […]

OWN CORRESPONDENT and AFP, Khartoum | Monday SUDAN has accused the United States of “being one of the main reasons” behind the civil war in south Sudan by supporting and assisting the rebel Sudan People’s Liberation Army (SPLA). “The US provides one of the main reasons behind the suffering of the people in the south, […]

SOUTH Africa has been shipping blood contaminated with the HIV virus and hepatitis via Britain to India, China and possibly other countries, according to a World Health Organisation (WHO) investigation. A British newspaper reported that thousands of people could face contamination through a multi-million dollar racket, where blood from South Africa was often labelled as […]

A GROUP of rural women who made international headlines when they staged a naked protest last November are praying they won’t have to take their clothes off again to ensure they can grow their crops. The group of 28 women marched naked along the main road of Schoemansdal in Mpumalanga last year to protest against […]

AN outspoken University of Venda lecturer who mobilised students against the university’s controversial vice-chancellor, Gessler Nkondo, has been charged with violating the university’s rules. Theology lecturer Thivhalaeli Nedohe faces five charges of instigating a class boycott, organising a protest march and running a meeting during working hours. He is expected to appear before the university’s […]

SOUTH African Reserve Bank governor Tito Mboweni has become the latest high-profile victim of crime after being held at gunpoint and robbed of his cellphone at a Johannesburg garage. Mboweni, a security guard and three cashiers were held up by five gunmen at the Houghton garage before making off with items from six other customers […]

AFRICAN EYE NEWS SERVICE, Washington | Monday OUTSPOKEN Wits University professor and social commentator Patrick Bond has criticised President Thabo Mbeki’s economic policies at a seminar in the US, instead lobbying US activists to join a boycott on the World Bank. Bond told non-government organisations at the Washington Centre for Economic Justice and Policy Research […]