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/ 30 November 2001

Nigeria sells phones stake worth $1,3 bn to Portugal Telecom

OLA AWONIYI, Abuja | Thursday THE Nigerian government on Wednesday sold a $1,3-billion 51% majority stake in its telecoms firm Nitel to a consortium led by a subsidiary of Portugal Telecom. Sealing Africa’s largest ever privatisation, Vice President Atiku Abubakar and government officials signed a series of documents with the Portuguese-led group, International Investors of […]

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/ 30 November 2001

NIGERIA SEALS DEEPWATER OIL DEAL

THE Nigerian government said Wednesday it signed a major deepwater oil production sharing accord with several foreign companies. The agreement is the first to be signed between state-run Nigerian National Petroleum Corporation and oil prospecting companies since Nigeria’s deepwater concessions were allocated last year via an open bid system, it said. The production sharing accord […]

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/ 30 November 2001

Marines poised to move in for the kill

Kabul | Tuesday HUNDREDS of US Marines backed by US air power were poised on Tuesday to move in for the kill on the last major pocket of Taliban resistance and the forces of terror suspect Osama bin Laden. The US move came as American warplanes and troops of the anti-Taliban Northern Alliance struggled for […]

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/ 29 November 2001

Interbrew says it was just looking?

Belgian brewer Interbrew said on Wednesday it had carried out an initial study of its rival South African Breweries but added that the parties had not discussed a possible Interbrew takeover. An Interbrew statement said the company had conducted a “preliminary analysis” that it described as a routine practice to assess global brewing groups. It […]

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/ 29 November 2001

‘Poor man’s disease’ kills 700 in Nigeria

AMINU ABUBAKAR, Kano | Thursday THE embattled government of northern Nigeria’s most populous state admitted on Wednesday the scale of a cholera epidemic that has left more than 700 dead and hospitalised thousands. After weeks of denying the seriousness of the outbreak, which began in October and spread like wildfire through the narrow streets of […]

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/ 29 November 2001

Police track SA, Afghan money trail

Johannesburg | Sunday SOUTH African police are probing the use of money sent to Afghanistan by aid agencies, amid speculation that it may be ending up in the hands of fighters. Some R20-million ($two-million) have flowed to Afghanistan from South Africa, where it was collected by several relief agencies, police told the Sunday Independent newspaper. […]

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/ 29 November 2001

Mugabe a ‘power-crazed, aged-dictator’

Washington | Thursday A US House of Representatives committee on Wednesday unanimously approved legislation designed to pressure Zimbabwean President Robert Mugabe and his government to restore democratic rule. The Zimbabwe Democracy and Economic Recovery Act approved by the House International Relations Committee, directs President George W Bush’s administration to support the people of Zimbabwe in […]