THE compromise clause in the bilateral investment agreement between Zimbabwe and SA, due to be signed in Harare on November 27, provided security of tenure for all existing and new South African investments in Zimbabwe, but excluded historical claims arising from Zimbabwe's land reform process, Trade and Industry Minister Rob Davies said yesterday.
The decision to give Zimbabwe no more than a slap on the wrist for the human rights abuses which its army has committed on the Marange alluvial diamond fields in the south-east of the country seriously threatens the future of the diamond industry's initiative to avert consumer boycotts of its gemstones.
President Paul Kagame yesterday addressed the opening ceremony of the fourth Forum on China-Africa Cooperation held in Sharm el-Sheikh, Egypt.
President Museveni this week returned from the Forum on China-Africa Cooperation in Sharm el Sheik, Egypt, full of praises for the rising power in the East. The summit will have been watched very closely by other western powers which have traditionally enjoyed the most lucrative trade deals with the continent as well as the political and security deals that underline the trade.
President Ellen Johnson Sirleaf says Liberia's development has been greatly impacted by the measures implemented by China under the China-Africa Cooperation initiative, as China has pledged US$10 billion in concessional loans to Africa.
"Overall, we call for a doubling of U.S. aid to global health from nearly $8 billion a year to $16 billion by 2011. A six-year scale up of a sufficiently resourced initiative would total $95 billion. While this reflects higher levels than the President's original announcement, 40% of this increase is for the total of $14 billion that must be invested in health workforce - which we believe could ...
The quest for a common market for the five member states of the East African Community comes to a reality on Friday. The heads of states will put pen to paper to the protocol giving life to a common market at a ceremony to be held in Arusha, Tanzania.
Uganda's external debt burden could reach unsustainable levels by 2015 unless efforts are made to match borrowing to economic growth.
Three African trade blocs that have agreed to form a free trade area covering more than half a billion people created a long overdue roadmap on Monday.
South Africa will strengthen relations at the 4th Forum on Africa-China Cooperation (FOCAC) which kicks of today in Egypt.
Relative advancement of Kenya, South Africa and Egypt's economies has emerged as one of the leading threats to the merger of three African trading blocs, trade experts said, citing potential disputes that lie in joining economies that are at different levels of development in a seamless market.
The Obama administration earlier this year named a former United States Peace Corps volunteer, Aaron S. Williams, as the program's new director. The Peace Corps, which will soon celebrate its 50th anniversary, draws thousands of Americans who want to work abroad and under the new administration, it is looking at its areas of focus and how best to continue implementing its programs most ...
"After almost a decade of progress in rolling out AIDS treatment we have seen substantial improvements, both for patients and public health. But recent funding cuts mean doctors and nurses are being forced to turn HIV patients away from clinics as if we were back in the 1990s before treatment was available" - Dr Tido von Schoen-Angerer, Director of MSF's Access to Essential Medicines Campaign.
The East African community doesn't apply here, the immigration official at this Northern Tanzanian airport barked out at my attempt to seek a more East African reception with my Ugandan passport as I processed my entry into Tanzania recently. My illusion of a concretising vision of one East Africa was swiftly and rudely dashed.
Humanitarian assistance to tens of thousands of people in eastern Chad is under threat from banditry, which has led several aid agencies to temporarily halt their operations in the face of attacks, the United Nations relief wing reported today.