| Africatime
Jeudi 27 Avril 2017
(Reuters (Eng) 07/07/13)
America's wealthiest universities are venturing into Africa's fast-growing frontier markets in search of outsized investment returns that will allow them to offer scholarships, lure star professors and fund research. For Sub-Saharan Africa, recognition from these deep-pocketed U.S. institutions, who have often earned envy among fellow global investors for their strong returns, marks a significant shift. American university endowments - permanent funds of educational institutions - pride themselves on spotting new investment opportunities early, such as venture capital, private equity and natural resources such as timber. Combined, they manage assets of over $400 billion. A study of 831 endowments by the Commonfund Institute and the National Association of College and University Business Officers published this year showed their annual net returns...
(The Associated Press 06/07/13)
There was no official update Saturday morning on the condition of the 94-year-old former president, who is in critical but stable condition after being diagnosed with a recurring lung infection. He was taken to a hospital in Pretoria, the capital, on June 8. The government has said Mandela is not in a vegetative state, contrary to recent court documents. A close friend told Sky News that the anti-apartheid leader was conscious and responsive earlier this week. There has been an outpouring of concern in South Africa and around the world for Mandela, a transformative figure who led the tense shift from white rule to democracy two decades ago in a spirit of reconciliation.
(Zodiak Online 20/06/13)
Opposition political parties in parliament say they suspect government has a hidden agenda considering the way discussions of this year’s national budget with a hidden agenda. Both former ruling Democratic Progressive Party-DPP-and main opposition, Malawi Congress Party-MCP-have expressed worry over what they rate as “supersonic speed” in deliberation of the 2013/14 budget. MCP Chief Whip said when contributing to the controversial Ministry of Agriculture’s whooping K 118 Billion allocation vote that “Government wants to bull-doze the budget.” And Leader of DPP in the House Dr George Chaponda said outside the chamber that he was surprised with the “supersonic speed” at which the votes are being passed in the house. By the time the house was adjourned on Tuesday, about 13...
(The Associated Press 11/06/13)
JOHANNESBURG — The desk is spotless and books neatly line the shelves in Nelson Mandela's office at a Johannesburg-based foundation that carries his name, but the former South African president and anti-apartheid leader hasn't worked there for years. The meticulously preserved room is one of many tributes to the legacy of a former prisoner who became so revered for his efforts to reconcile a racially divided nation that many South Africans cannot bring themselves to speak openly about the possibility of his death. That reluctance is gradually eroding as the 94-year-old receives treatment for a recurring lung infection, spending a fourth day in a Pretoria hospital on Tuesday. President Jacob Zuma called Mandela's condition "very serious" but said he has...
(AFP (eng) 11/06/13)
JOHANNESBURG, June 11, 2013 (AFP) - Nelson Mandela was spending his fourth day in hospital Tuesday where he was being treated in intensive care for a lung infection. The 94-year-old former president was rushed to a Pretoria hospital early Saturday and was said to be in serious but stable condition. His latest health scare has been met with prayers and a growing acceptance among South Africans that their hero may be nearing the end of his life. "He is receiving intensive care treatment," presidential spokesman Mac Maharaj, who served jail time with Mandela, told AFP on Monday. He "remains in hospital, and his condition is unchanged," the presidency said after describing him as being in a "serious but stable" condition...
(Malawi News Agency 03/06/13)
The Chinese government on Friday donated 20 computers worth K6.6 millionto the Department of Immigration. The donation included 10 brand new desktop computers and 10 laptops. Making the donation in Lilongwe, Chinese Deputy Ambassador to Malawi, Zhang Yuebang, who is currently charge' d'affaires said the computers would help the Immigration Department boost its capacity. "Malawi is the warm heart of Africa, hence it receives more visitors. These computers given today will enable government to improve its efficiency," Zhang said at the Chinese Embassy. He added; "China is a good friend of Malawi and that is why we are helping in different projects." Zhang cited the magnificent International Conference Centre, the University of Science and Technology in Thyolo and stadium under...
(Reuters (Eng) 26/04/13)
Africa's brisk economic growth over the past decade has been consumer driven, a much-hyped trend that masks the uncomfortable fact that the region remains far too reliant on commodities. Sub-Saharan Africa's growth has been second only to Asia and cracked along at 5.8 percent last year, according to a World Bank estimate, if South Africa, the continent's biggest economy, is excluded. About two-thirds of growth in the past decade has been driven by domestic demand, which has been stoked by a number of factors including the continent's fast-growing and young population. Consumption has had multiplier effects into a range of services including banking and finance. Yet unlike in Asia, Africa's consumer boom has been financed mostly by income generated from...

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