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Tanzania
Serengeti is easily Tanzania’s most famous national park, and also the largest. At 14,763 square kilometres, this protected area borders Kenya’s Masai Mara Game Park. Its far-reaching plains of endless grass, tinged with the twisted shadows of acacia trees, have made it the quintessential image of a wild and untarnished Africa. Prides of lions ...
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Mozambique
Once blighted by poverty and war, Mozambique has emerged in recent years as one of the fastest growing tourist destinations in the world. And this transformation is easy to understand once you become privy to the information that the sand dune island of Bazaruto has become the playground of the super rich. Word is that all the 52 of the 50sq m ...
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10 Oct Don’t cut aid to Africa - Kikwete
Jakaya Kikwete the president of Tanzania who is also the chairman of the African Union has appealed against any cut in aid following the global financial crisis.
Kikwete said his country and other developing states were "deeply concerned" about the crisis.
"Our appeal to our development partners is that they should not cut aid to the developing countries," Kikwete said. "Tanzania and other developing countries are deeply concerned with the current financial crisis coupled with skyrocketing oil and food prices."
Financial experts say Africa is relatively sheltered from the global financial crisis, but there could be an impact on investment, remittances and aid.
Kikwete said he hoped that the global economic meltdown would not ultimately affect aid.
"Our expectation is that the financial crisis in Europe and America, and now the huge sums of money that are being spent to bail out the banks, would not impact negatively on development assistance to Africa," Kikwete said.
10 Oct Nigeria moves to stem financial crisis
Nigeria’s President Umaru Musa Yar'Adua has called for close collaboration between the government and private sector in order to tackle the effects of the current global financial crisis.
However, the country’s Secur-ities and Exchange Comm-ission (SEC) insists that the Nigerian capital market is not suffering from any crisis.
The Council of the NSE had last Tuesday approved plans by six banks - namely First Bank of Nigeria Plc, Union Bank of Nigeria Plc, Zenith Bank Plc, Intercontinental Bank Plc, United Bank for Africa Plc and GTBank Plc - to pump N600 billion into the market. Each bank is expected to bring in N100 billion.
Analysts said with four more banks expected to join the discussions, the proposed bail-out package could increase to N1 trillion.
On Thursday, Nigeria’s stock market depressed further as the NSE All-Share Index fell to 44,638.26, while the capitalisation closed at N9.505 trillion. This indicates that the market of the NSE has lost over N3 trillion, falling from a peak of N12.6 trillion since the bears set last March.
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 12 Oct Zimbabwe power-sharing deal collapses as Mugabe forms unilateral cabinet
Robert Mugabe (pictured) has broken the spirit of the Government of National Unity in Zimbabwe with the opposition party MDC, by forming a new cabinet unilaterally.
The MDC has denounced Mugabe's move, said to have been urged by his cronies in ZANU-PF and hardline war veterans, as a "giant act of madness."
Mugabe gave ZANU-PF 14 ministries, including the influential defence, home, foreign affairs, justice, local government and media portfolios.
ZANU-PF has also retained control of the army, police and other state security apparatus.
Tsvangirai's MDC has been given 13 portfolios, including constitutional and parliamentary affairs, economic planning and investment promotion, labour and social welfare, sport, arts and culture and science and technology development.
A splinter opposition grouping led by Arthur Mutambara will be in charge of education, regional integration and international co-operation and industry and commerce, according to the report.
The shock announcement came just hours after negotiators for Mugabe, main opposition leader Morgan Tsvangirai of the MDC party and the head of a splinter MDC group urged former South African president Thabo Mbeki to once again resolve the latest deadlock.
MDC spokesman Nelson Chamisa urged fresh regional mediation to end the ruinous political crisis, which has added to the plight of citizens grappling with acute shortages of food and basic goods and a freefalling currency.
"There is a deadlock and it can only be broken through SADC (the Southern African Development Community) and its appointed mediator, Mbeki," he said.
The Mbeki-brokered power-sharing pact was signed on September 15. It came after the ruling party lost control of parliament in March elections for the first time and Mugabe's re-election in a controversial second round boycotted by Tsvangirai.
Mbeki will head for Zimbabwe Monday on a new mediation bid, his spokesman said.
"He's continuing with the mediation process," Mukoni Ratshitanga said. "We're going to Zimbabwe on Monday to discuss those very matters that are holding up the operationalisation of the power-sharing deal."
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