The World Bank agreed on Monday to give Mozambique -million in credit to help upgrade its road network, most of which was damaged and neglected during a 17-year civil war that ended in 1992. Mozambique will be exempt from interest and have 40 years to pay back the funds.
The circumstances that led to Nedbank’s loss of market share and the manner in which the retail business’s turnaround is being achieved offer compelling evidence of Nedbank’s significantly different profile within the South African banking landscape, says Nedbank Retail MD Rob Shuter.
Iran has slowed the installation of centrifuge machines that enrich uranium for its controversial nuclear programme, the director of the International Atomic Energy Agency said on Monday. Western powers have condemned Tehran’s expansion of enrichment work in defiance of United Nations demands.
Thousands of Harry Potter fans have signed a petition urging JK Rowling to keep writing novels about the boy wizard after she admitted she could ”never say never” to more books. The ”Save Harry!” petition calls on Rowling to reverse her decision to end the best-selling series with the seventh and final instalment, Harry Potter and the Deathly Hallows.
Boeing has raised the curtain on its first fully assembled 787 to an audience of thousands who packed into its widebody assembly plant for the plane’s extravagantly orchestrated premiere. The giant factory doors opened wide as the plane slowly moved into view to the strains of a theme song composed specially for the 787.
Safety and Security Minister Charles Nqakula will look into Democratic Alliance (DA) allegations about problems in the restructured specialised family violence, child abuse and sexual offences (FCS) units and take corrective steps if necessary. Nqakula’s spokesperson, Hangwani Mulaudzi, said on Monday that, previously, the FCS units were based in area offices.
Asad Ali Fadla was sitting down to dinner with his family when a wall of water swept down his street and smashed into his compound in the town of Sennar on the banks of the Blue Nile in south-eastern Sudan. Minutes after he had rushed out to check the damage, the flash flood started tearing away at the bricks of the outer wall.
The efforts of Gauteng’s environment management inspectors (EMI) were highlighted at the department of agriculture, conservation and environment in Johannesburg on Monday. Provincial minister Khabisi Mosunkutu said the quest of the specialised unit was to build a safe, secure and environmentally sustainable community.
Ethiopian prosecutors demanded the death penalty on Monday for 38 opposition officials convicted of trying to overthrow the government, treason and inciting violence. ”Since they have been found guilty on all counts, they should be punished with the highest penalty,” prosecutor Abraham Tetemke told the court.
Sudan’s northern army has missed a deadline to move its troops to the north under a peace deal and are still paying illegal militias based in the south, the United Nations said. A January 2005 north-south peace deal created a southern autonomous government and two separate armies with joint units in key towns.