S.Africa’s Zuma congratulates Hollande on winning French elections

Pretoria – President Jacob Zuma has joined international leaders in congratulating Francois Hollande following the French socialist party leader’s victory in the country’s presidential runoff on Sunday. Hollande won an estimated 51.05 percent of the votes, beating Sarkozy’s 48.95 percent, according to initial results. “We would like to take this opportunity to extend our congratulations … Continue reading “S.Africa’s Zuma congratulates Hollande on winning French elections”

Citigroup to consider SA govt bonds

Pretoria – National Treasury has welcomed investment bank Citigroup’s announcement to consider including South African government bonds in its World Government Bond Index (WGBI). “The National Treasury welcomes the announcement by Citigroup to consider including South African government bonds in its World Government Bond Index. Many global bond funds are benchmarked against the WGBI,” said … Continue reading “Citigroup to consider SA govt bonds”

“World Bank appointment processes not transparent” – Gordhan

Johannesburg – As directors of the World Bank are set to meet later today to make a decision on who the body’s next president will be, doubt in the transparency of the process has emerged. Speaking to journalists at Foreign Correspondents’ Association breakfast meeting in Johannesburg on Monday Finance Minister Pravin Gordhan said the organisation … Continue reading ““World Bank appointment processes not transparent” – Gordhan”

Wa Mutharika is dead: Govt

The Malawi government just announced through government owned radio that President Bingu wa Mutharika is dead. Their statement confirms earlier reports citing sources and medical practitioners that claimed Wa Mutharika died on Thursday after being admitted to Lilongwe hospital after suffering a heart attack. One medical source said Wa Mutharika was confirmed dead on Thursday … Continue reading “Wa Mutharika is dead: Govt”

US issues condolences to Malawi, urges swift transfer of power

In what seems to be confirmation that Malawi President Bingu wa Mutharika is dead, the United States Department of State issued a statement, through its African Affairs assistant secretary Johnnie Carson, offering their condolences to the Mutharika family and urging Malawi to quickly swear-in Vice-President Joyce Banda as president who is entitled to the promotion … Continue reading “US issues condolences to Malawi, urges swift transfer of power”

Interviews for World Bank top job underway

Washington – The World Bank on Tuesday said it would conduct interviews with the three candidates for the bank presidency this month as previously planned. The Washington-based global financial organisation said in a statement that the Bank’s Board of Executive Directors would conduct interviews with the three candidates in Washington, and the schedules of interviews … Continue reading “Interviews for World Bank top job underway”

Mali’s Ecowas membership suspended

Pretoria – The 15-member West African bloc, Ecowas, has suspended the membership of Mali to press the junta to return to the constitutional order. The decision was made at an extraordinary summit held on Tuesday in Abidjan, the economic capital of Cote d’Ivoire, whose President Alassane Ouattara chairs Ecowas. Ecowas also requested that the soldiers … Continue reading “Mali’s Ecowas membership suspended”

Gossip Watchers: from Sophie Ndaba’s “fake” bishop, Kony “bewitching” Russell, Mshoza saying she is AVAILABLE, to Senzo and Pearl’s separating

Yet another week, yet another installment of your favorite gossip review column- the seniorjournalism.com Gossip Watchers. In this week’s installment we take you through the entertainment arena’s happenings in the recent past week. Whitney Houston‘s cause of death has just been established, according to the coroner’s report -reports newsday.com- Whitney died of drowning and she … Continue reading “Gossip Watchers: from Sophie Ndaba’s “fake” bishop, Kony “bewitching” Russell, Mshoza saying she is AVAILABLE, to Senzo and Pearl’s separating”

Nigeria’s Okonjo-Iweala to run for World Bank presidency

Pretoria – Nigerian Finance Minister Ngozi Okonjo-Iweala is to run for the position of the next World Bank chief, it emerged on Friday. Finance Minister Pravin Gordhan made the announcement in Pretoria on Friday — the day nominations close in Washington for the top post of the international body. “We are very proud as Africa … Continue reading “Nigeria’s Okonjo-Iweala to run for World Bank presidency”

EU stops Hungary aid

Brussels – European Union (EU) finance ministers have decided to suspend Hungary’s access to 495 million euros (US$648.45 million) of aid from 2013, citing the country’s failure to rein in its budget deficit, a senior EU official has said. “This provides a strong incentive for Hungary to conduct sound and sustainable fiscal policy,” EU Economic … Continue reading “EU stops Hungary aid”