Friday, January 31, 2014
Ghana Regulators Plan Market Makers to Boost Bonds With Live Prices
Ghanaian regulators are planning to introduce market making, set up live trading and start debt education programs in a bid to boost bond-market activity in West Africa’s second-biggest economy.
After last year’s merger of securities depositories by the central bank and stock exchange, bond trading is still illiquid because there’s no electronic platform for debt, unlike equities, said Stephen Tetteh, chief executive officer of the Accra-based Central Securities Depository Ghana
After last year’s merger of securities depositories by the central bank and stock exchange, bond trading is still illiquid because there’s no electronic platform for debt, unlike equities, said Stephen Tetteh, chief executive officer of the Accra-based Central Securities Depository Ghana
Grenada promises to change controversial electronics crime bill
The Grenada government Friday said it would make adjustments to the Electronics Crime Bill after it was criticized by the island’s media organization and the Vienna-based International Press Institute (IPI) for quietly allowing the legislation to become law despite government promises of reform.
“The government of Grenada, and especially Prime Minister Dr Keith Mitchell remain committed to making the adjustments to the Electronics Crime Bill that will eliminate any clauses that
“The government of Grenada, and especially Prime Minister Dr Keith Mitchell remain committed to making the adjustments to the Electronics Crime Bill that will eliminate any clauses that
Mayor says NYC will settle lawsuits on stop-and-frisk tactics against Caribbean nationals
New York City Mayor Bill de Blasio indicated that the city will settle lawsuits on the controversial stop-and-frisk tactics by the New York Police Department (NYPD) against Caribbean nationals. As part of his campaign, de Blasio promised to end the era of stop-and-frisk policing that had been a very divisive issue one during the mayoral race last year.
In making the announcement in the Brownsville section of Brooklyn, where many minorities have reportedly been the target of the NYPD’s
In making the announcement in the Brownsville section of Brooklyn, where many minorities have reportedly been the target of the NYPD’s
Barbados seeks to increase foreign exchange through international business sector
The Barbados government has stated that it wants to increase foreign exchange earnings by 40 per cent from the international business sector under a five-year strategic plan for the sector. According to Attorney General Adriel Brathwaite, in his discussion with the members of the Barbados International Business Association, the plan has been given the green light by Cabinet.
In his speech on the topic, “Legislative and Judicial Initiatives, Enhancing the Image of Barbados,
In his speech on the topic, “Legislative and Judicial Initiatives, Enhancing the Image of Barbados,
Uganda Says Troops Will Stay in South Sudan
Uganda stated that it will not fully withdraw its forces from South Sudan, despite concerns their continued presence is complicating efforts to bring peace to the country. Uganda’s role in the conflict has been brought under scrutiny at the African Union summit in Addis Ababa. However, Uganda’s military has taken credit for helping to stop rebel forces in South Sudan, and for recapturing the city of Bor, north of the capital.
But a cease-fire deal signed last week between South
But a cease-fire deal signed last week between South
US and its Partners Push for Peace in South Sudan
[caption id="attachment_408612" align="alignnone" width="499" caption=" Kenyan President Uhuru Kenyatta speaking during a press conference with the seven detainees released to his custody by South Sudan - Associated Free Press"][/caption]
The international community is urging South Sudan's government to release the last four political detainees it arrested as the country erupted in violence last month as it will likely advance the peace process in South Sudan, even though peace talks will
The international community is urging South Sudan's government to release the last four political detainees it arrested as the country erupted in violence last month as it will likely advance the peace process in South Sudan, even though peace talks will
Thursday, January 30, 2014
Obama Promotes Policy Plans in Wisconsin
U.S. President Barack Obama is making stops in Wisconsin and Tennessee to promote the policy plans he laid out earlier this week in his State of the Union Address. The president began the day by visiting a General Electric-owned gas-engine facility near Milwaukee, Wisconsin.
He stated that businesses like General Electric have created millions of new jobs and helped bring the unemployment rate to its lowest in five years. He also called 2014 a "breakthrough year for America," saying that
He stated that businesses like General Electric have created millions of new jobs and helped bring the unemployment rate to its lowest in five years. He also called 2014 a "breakthrough year for America," saying that
Africa: Why Addis Still Matters More Than Davos
Analysis by Liesl Louw-Vaudran
Last week, the world's rich and influential once again gathered in Davos, Switzerland, for the annual meeting of the World Economic Forum (WEF) - an event 'committed to improving the state of the world,' as the WEF slogan goes.
Discussions covered everything from youth unemployment, new technology and banking to the environment and politics. Among the high-profile speeches that hit the headlines were those by President Hassan Rouhani from Iran and
Last week, the world's rich and influential once again gathered in Davos, Switzerland, for the annual meeting of the World Economic Forum (WEF) - an event 'committed to improving the state of the world,' as the WEF slogan goes.
Discussions covered everything from youth unemployment, new technology and banking to the environment and politics. Among the high-profile speeches that hit the headlines were those by President Hassan Rouhani from Iran and
Hints of possible split as Barbados government minister vows to speak out
A senior Barbados government minister says he is uneasy about the direction of the island’s economy and promises to make his position public. Agriculture Minister and former finance minister, Dr David Estwick, told reporters, on Wednesday, that he was prepared to put the country above politics when he makes a full statement on the state of Barbados' economy.
He told reporters, “I am going to make my statement very, very soon on what my position is... I was a man before I got into
He told reporters, “I am going to make my statement very, very soon on what my position is... I was a man before I got into
Canada-CARICOM trade talks appear shrouded in doubt
Negotiations on a trade agreement between Canada and Caribbean Community (CARICOM) countries have limped along for over five years. Unless political will and energy is now put into the process, the negotiations could fizzle out by the end of June – a ‘drop-dead’ date now accepted by both sides. Abandonment of these negotiations would not be good for Canada and certainly not for CARICOM countries. For, while the negotiations focus on trade and investment and rules that guide them,
International oil companies look to East Africa for growth
As companies develop new oil and gas fields in East Africa – from Mozambique in the south up to Tanzania, Kenya and Somalia – governments will be working hard to get the most they can out of their resources. In fact, analysts suggest that the licensing environment is becoming more difficult in Africa, due to governments establishing ever more onerous requirements for international companies and discouraging independent operators.
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[caption id="attachment_408533" align="alignright"
Wednesday, January 29, 2014
UN states that Foreign Direct Investment flows to Caribbean reaches new high
In their report, the UN Conference on Trade and Development (UNCTAD) said that foreign direct investment (FDI) to the Caribbean reached a new high last year. The report goes on to point out that flows to Latin America and the Caribbean increased by 18 per cent, the fourth consecutive year of growth, to an estimated US$294 billion.
According to the report,“While in previous years growth was largely driven by South America, in 2013 Central America and the Caribbean were the main
According to the report,“While in previous years growth was largely driven by South America, in 2013 Central America and the Caribbean were the main
Sagicor agrees to purchase RBC Jamaica
Today, Royal Bank of Canada announced that it has entered into a definitive agreement to sell RBC Royal Bank Jamaica Limited and RBTT Securities Jamaica Limited (collectively "RBC Jamaica") to Sagicor Group Jamaica Limited. This transaction is subject to customary closing conditions, including regulatory approvals and is expected to be finalized in the coming months.
Suresh Sookoo, CEO of RBC Caribbean stated, "Consistent with our strategy of being a competitive leader in the markets
Suresh Sookoo, CEO of RBC Caribbean stated, "Consistent with our strategy of being a competitive leader in the markets
Caribbbean American congresswoman welcomes Obama’s stance on immigration reform
Caribbean American Congresswoman Yvette D. Clarke has commended United States President Barack Obama for addressing comprehensive immigration reform in his State of the Union Address Tuesday night. During his address, Obama urged Congress to enact immigration reform that will enable the more than 10 million immigrants without legal status, including Caribbean nationals, to apply for temporary legal status leading to United States citizenship.
Clarke, the daughter of Jamaican immigrants
Clarke, the daughter of Jamaican immigrants
Early numbers indicate another record year of gold production for Guyana
Guyana states that it expects to have another record production of gold this year with production figures for the month already higher than the output from the same period last year. Guyana's Natural Resources and the Environment Minister, Robert Persaud, said that he remained optimistic that the sector would continue to be economically viable, as he announced gold production for January this year was just over 28,000 ounces, eight per cent higher than output for January 2013.
Peraud
Peraud
South Sudan Releases 7 Key Political Detainees to Kenya
The government of South Sudan has released seven of the 11 political detainees whose arrest became a sticking point at peace talks with rebels.
The seven men were released Wednesday and taken to the Kenyan capital, Nairobi, as part of the agreement between South Sudanese President Salva Kiir and Kenyan President Uhuru Kenyatta.
Meanwhile, four other detainees, including the former secretary-general of South Sudan's ruling party, Pagan Amum, are still in custody in Juba where they are
The seven men were released Wednesday and taken to the Kenyan capital, Nairobi, as part of the agreement between South Sudanese President Salva Kiir and Kenyan President Uhuru Kenyatta.
Meanwhile, four other detainees, including the former secretary-general of South Sudan's ruling party, Pagan Amum, are still in custody in Juba where they are
Obama Promises Unilateral Action to Reduce Income Inequality
In his annual State of the Union Address to Congress, President Barack Obama promised to use executive powers in order to help the middle class and the poor and reverse a widening income gap between the rich and poor. Although low-wage workers may like what the president is proposing, many of his conservative critics say such measures, like imposing a higher minimum wage, is bad for business and such unilateral action is bad for democracy.
President Obama promised action on raising the
President Obama promised action on raising the
Obama Africa Policy Starting to Gain Momentum
[caption id="attachment_408459" align="alignnone" width="500" caption="Obama in South Africa- Reuters"][/caption]
WASHINGTON — President Barack Obama will host a summit of African leaders in Washington this August, a sign that his administration is paying more attention to the continent than in the past. Many Africans and Africa experts state that his administration has not done enough. Although many Africans had high hopes that America's new president, in 2009, and son of a Kenyan
WASHINGTON — President Barack Obama will host a summit of African leaders in Washington this August, a sign that his administration is paying more attention to the continent than in the past. Many Africans and Africa experts state that his administration has not done enough. Although many Africans had high hopes that America's new president, in 2009, and son of a Kenyan
Africa: Debunking Myths Around Farming in Africa
By Mercy Karanja
New technologies and ideas - from mobile phone information systems to new crop varieties - are rapidly transforming agriculture across Africa. Yet the sector continues to be stereotyped as one synonymous with poverty and subsistence.
Simply put, people don't believe it will pay a proper wage, let alone their children's school fees or health bills. Farming is seen as a dead-end job, something of no interest to aspiring youth. Following the theme of this year's annual
New technologies and ideas - from mobile phone information systems to new crop varieties - are rapidly transforming agriculture across Africa. Yet the sector continues to be stereotyped as one synonymous with poverty and subsistence.
Simply put, people don't believe it will pay a proper wage, let alone their children's school fees or health bills. Farming is seen as a dead-end job, something of no interest to aspiring youth. Following the theme of this year's annual
Trinidad energy sector benefits from billions in foreign direct investment
Trinidad's Energy Minister, Kevin Ramnarine, said that the Trinidad and Tobago energy sector benefitted from more than two billion US dollars in foreign direct investments (FDI) between 2010-12. In response to a question in the senate, Ramnarine indicated that the FDI in the oil and gas sector increased from US$549 million to US$2.5 billion over the three year period and that oil production in 2013 averaged about 81,200 barrels a day.
He also stated, “This is a decline over the 2012
He also stated, “This is a decline over the 2012
Tuesday, January 28, 2014
Record Executive Sylvia Rhone To Receive Presidential Award
There is no denying that Sylvia Rhone is a game changer. The Music Business Association (Music Biz), formerly known as NARM and DigitalMusic.org, will recognize her talents when they present her its prestigious Presidential Award for Sustained Executive Achievement to Rhone on Wednesday, May 7, at the Opening Session of the Music Biz 2014 annual convention at the Hyatt Regency Century Plaza Hotel in Los Angeles.
Rhone, an African American woman, will be the first female executive to
Rhone, an African American woman, will be the first female executive to
South African opposition to field black candidate
South Africa's main opposition party is to field anti-apartheid activist Mamphela Ramphele as its presidential candidate in this year's election, giving the Democratic Alliance (DA) a prominent black figurehead to challenge the governing ANC.
This is the first time that the DA has named a black presidential candidate in an election, in an attempt to dispel persistent charges the party is a vessel for white interests only. The move comes as Ramphele's political party, Agang, joined
This is the first time that the DA has named a black presidential candidate in an election, in an attempt to dispel persistent charges the party is a vessel for white interests only. The move comes as Ramphele's political party, Agang, joined
Caribbean Climate Innovation Center to promote green business, reduce climate risks
The World Bank says the business hub inaugurated on Monday will support the growing number of clean energy and climate technology ventures in the Caribbean. It also stated that the Caribbean Climate Innovation Center (CCIC), the first of its kind in the region, would help reduce the significant threats posed by climate change through the creation of new green businesses.
The Washington-based financial institution said climate change can have “a serious impact on the Caribbean,”
The Washington-based financial institution said climate change can have “a serious impact on the Caribbean,”
Bordering on Boundlessness
By Papiso Matsau
The idea of borders has always intrigued me. Having grown up near the Caledon River in Lesotho, where you could walk down the road and across the river it was considered Lesotho and further down the same road it was considered South Africa, borders have always been arbitrary to me.
The importance of borders was further diminished to me when in my early twenties when I was back packing with my best friend and as we stood at the Livingstone border control in Zambia
The idea of borders has always intrigued me. Having grown up near the Caledon River in Lesotho, where you could walk down the road and across the river it was considered Lesotho and further down the same road it was considered South Africa, borders have always been arbitrary to me.
The importance of borders was further diminished to me when in my early twenties when I was back packing with my best friend and as we stood at the Livingstone border control in Zambia
CCJ Trust Fund Performing Quite Well
A judge with the Trinidad-based Caribbean Court of Justice (CCJ) says his recent comments about the need to re-examine the trust fund that had been established to fund the court may have contributed to conveying a inaccurate perception of the state of funds available for court operations.
Last week, Justice Ralston Nelson told the Caribbean Media Corporation (CMC) that he believed that the time had come for a review of the US$100 million initiative given the changing global economic and
Last week, Justice Ralston Nelson told the Caribbean Media Corporation (CMC) that he believed that the time had come for a review of the US$100 million initiative given the changing global economic and
Jamaica bank improving electronic security after mass Target breach
One of the largest financial service providers in Jamaica, the National Commercial Bank (NCB), is in the process of improving its electronic security arrangements in the aftermath of a mass breach of consumer credit card information at US retail giant,Target.
NCB’s Senior Assistant General Manager for Strategy, Group Marketing & Communications, Nadeen Mathews, says while the bank has always had strong security measures, it is adding enhancements to those arrangements, in light of
NCB’s Senior Assistant General Manager for Strategy, Group Marketing & Communications, Nadeen Mathews, says while the bank has always had strong security measures, it is adding enhancements to those arrangements, in light of
Six Caribbean countries eligible for US visa program
The United States Citizenship and Immigration Services (USCIS) states that six Caribbean countries are among 63 countries worldwide that are eligible to participate in two visa programs this year.
The H-2A and H-2B Visa programs enables US employers to bring foreign nationals to the United States to fill temporary agricultural and non-agricultural jobs, respectively.
The USCIS identified that the Caribbean countries eligible to participate in the visa are Barbados, Belize, the
The H-2A and H-2B Visa programs enables US employers to bring foreign nationals to the United States to fill temporary agricultural and non-agricultural jobs, respectively.
The USCIS identified that the Caribbean countries eligible to participate in the visa are Barbados, Belize, the
Jamaica has potential to become major exporter of aviation professionals
Director general of the Jamaica Civil Aviation Authority (JCAA), Leroy Lindsay, has stated that Jamaica could become a major exporter of pilots and air traffic controllers. Lindsay indicated, based on his experiences, Jamaican pilots are in high demand in places as far away as the United Arab Emirates and even within the Caribbean.
"We are able to train pilots in Jamaica, not just for our own needs but for the world's needs," he said. "We've now been recognized by the International
"We are able to train pilots in Jamaica, not just for our own needs but for the world's needs," he said. "We've now been recognized by the International
Monday, January 27, 2014
Obama to Stress Action on Economy in State of Union Speech
WHITE HOUSE — President Barack Obama's fifth State of the Union Address on Tuesday will be closely watched in the U.S. and around the world. He is expected to renew his call for a "year of action" on the U.S. economy and to help the middle class. However, ongoing political polarization in Washington will pose ongoing challenges to his agenda.
Last year, Obama urged U.S. lawmakers to put nation before party. "The idea that if you work hard and meet your responsibilities, you can get
Last year, Obama urged U.S. lawmakers to put nation before party. "The idea that if you work hard and meet your responsibilities, you can get
C.A.R. New Government considered a ‘Legitimate Partner’ to Security Improvement
The formation of a new transitional government is being welcomed as “a legitimate partner” for the African-led International Support Mission to the Central African Republic (MISCA), in a bid to stabilize and address the security situation, says Eloi Yao, an African Union spokesman. His comments came after UN High Commissioner for Human Rights Navi Pillay expressed concern about the deteriorating security situation in the C.A.R.
Yao says troops from the African-led force are
Yao says troops from the African-led force are
What It Takes to Win in Business and in Sports: Jerry Reese talks about what it Takes to Find and Keep In a Competitve Environment
Since becoming named General Manager of the New York Giants in 2007, Jerry Reese has helped his team win two Super Bowl championships along with two NFC East championships and three postseason berths and have finished .50 or better in every season.
With a keen eye for talent, the players that he helped sign made pivotal plays in each of those Super Bowl victories thus making Reese the only African American General Manager in the NFL to ever win a Super Bowl. In this BLACK ENTERPRISE
With a keen eye for talent, the players that he helped sign made pivotal plays in each of those Super Bowl victories thus making Reese the only African American General Manager in the NFL to ever win a Super Bowl. In this BLACK ENTERPRISE
Europe in ashes, Africa an oasis: TV show puts immigration in reverse
The year is 2063. By now, all of Europe's volcanoes have come to life and erupted, spewing out thick plumes of ash into the atmosphere. Dense black clouds of dust envelop the murky sky and plunges the entire continent into total darkness. All of Europe lies in a pile of rubble leaving only air that is polluted and unfit for breathing. With Europe descended into chaos, the only way to survive is to flee south to the only place where the sun continues to shine: Africa.
Set five decades
Set five decades
Telecom Italia outperforms as Sawiris says still interested
Shares in Telecom Italia opened higher on Monday after Egyptian tycoon Naguib Sawiris told the media over the weekend he would be prepared to invest in the Italian phone group and bid for its Brazilian unit.
The stock rose as high as 1 percent before reaching parity. By 08:07 GMT, Telecom Italia shares were up 0.2 percent and outpacing the Milan blue chip index which were down 0.8 percent.
Sawiris informed Bloomberg News he would invest in Telecom Italia as long as the group's biggest
The stock rose as high as 1 percent before reaching parity. By 08:07 GMT, Telecom Italia shares were up 0.2 percent and outpacing the Milan blue chip index which were down 0.8 percent.
Sawiris informed Bloomberg News he would invest in Telecom Italia as long as the group's biggest
St Vincent prepares to open new international airport in 2014
Six years after construction work began, St. Vincent and the Grenadines is getting ready to cut the ribbons to declare open its first ever international airport.
The Ralph Gonsalves government is hoping that the EC$700 million (One EC dollar = US$0.37 cents) international airport at Argyle, will be completed by year end, even as the main opposition New Democratic Party (NDP) continues to cast doubt on the project, situated on the island’s east coast.
When he delivered his budget
The Ralph Gonsalves government is hoping that the EC$700 million (One EC dollar = US$0.37 cents) international airport at Argyle, will be completed by year end, even as the main opposition New Democratic Party (NDP) continues to cast doubt on the project, situated on the island’s east coast.
When he delivered his budget
Stuart convinced Barbados can reverse current economic slump
Prime Minister Freundel Stuart has reiterated his conviction that Barbados will get out of the economic slump it has fallen into over the past few months.
At the St, Luke Anglican Church, where members and supporters of Democratic Labour Party (DLP) gathered to honor the late Errol Barrow, Suart stated, “This is not the first occasion on which we’ve had to traverse this treacherous terrain. Between 1973 and 1975 on the occasion of the first oil crisis, Errol Barrow was Prime
At the St, Luke Anglican Church, where members and supporters of Democratic Labour Party (DLP) gathered to honor the late Errol Barrow, Suart stated, “This is not the first occasion on which we’ve had to traverse this treacherous terrain. Between 1973 and 1975 on the occasion of the first oil crisis, Errol Barrow was Prime
Sunday, January 26, 2014
Friday, January 24, 2014
South Africa: Negotiations between Union and Employers begin in bid to end miners strike
A South African union representing striking platinum miners held wage talks with employers on Friday amid reports of some confrontations around the mines.
Association of Mineworkers and Construction Union (AMCU) representatives on Friday met senior managers of mining companies to discuss worker demands for higher wages in one of South Africa's major industries. South Africa is the world's top producer of the platinum, which is used in medical, electronic and other industries.
Tens of
Association of Mineworkers and Construction Union (AMCU) representatives on Friday met senior managers of mining companies to discuss worker demands for higher wages in one of South Africa's major industries. South Africa is the world's top producer of the platinum, which is used in medical, electronic and other industries.
Tens of
Eric Holder backing Smarter Sentencing Act - giving more discrestion for Judges over drug crime sentencing
U.S. Attorney General Eric Holder (pictured), is backing a bill to give federal judges more discretion over sentencing for some drug crimes.
Holder says the bipartisan Smarter Sentencing Act would also let some people sentenced under outdated laws petition to reduce their sentences. The attorney general's comments are in a video being posted on the Justice Department's website.
Holder began calling last summer for major changes to the criminal justice system. He wants to scale back
Holder says the bipartisan Smarter Sentencing Act would also let some people sentenced under outdated laws petition to reduce their sentences. The attorney general's comments are in a video being posted on the Justice Department's website.
Holder began calling last summer for major changes to the criminal justice system. He wants to scale back
Dominica to de-link from U.K. based privy council; to adopt Caribbean Court of Justice as final appellate Court
Dominica's Prime Minister Roosevelt Skerrit has revealed that Britain agrees and has no objection to Dominica recognizing the Caribbean Court of Justice as its final appellate Court.
Section 42.4A of the constitution of Dominica mandates the government to write to the British government, seeking agreement before Dominica moves to delink from the British Privy Council.
According to Skerrit, his administration wrote to the British government late last year and very early this year,
Section 42.4A of the constitution of Dominica mandates the government to write to the British government, seeking agreement before Dominica moves to delink from the British Privy Council.
According to Skerrit, his administration wrote to the British government late last year and very early this year,
Catherine Samba-Panza sworn in as Interim President of the Central African Republic
Interim President of the Central African Republic Catherine Samba-Panza takes the oath of office., January 23, 2014. PHOTO/Jerome Delay/AP
Catherine Samba-Panza was sworn in as the new president of the Central African Republic on Thursday. A former mayor of Bangui, Samba-Panza was chosen to lead the country by a national transitional council on Monday.
Her ascent to power has raised hopes that weeks of conflict between rival Muslim and Christian militias in the country may soon be
Catherine Samba-Panza was sworn in as the new president of the Central African Republic on Thursday. A former mayor of Bangui, Samba-Panza was chosen to lead the country by a national transitional council on Monday.
Her ascent to power has raised hopes that weeks of conflict between rival Muslim and Christian militias in the country may soon be
Thursday, January 23, 2014
Bahamas gov't acquires majority stake in the Bahamas Telecommunications Company
Cable & Wireless Communications (CWC) and the Perry Christie administration in the Bahamas have concluded a deal that will result in the government acquiring majority control of the Bahamas Telecommunications Company (BTC).
CWC said in a statement on Tuesday night, “Cable & Wireless Communications notes today's press speculation in The Bahamas and confirms it has come to an agreement with the government of the Commonwealth of The Bahamas.”
Read more: Caribbean News
CWC said in a statement on Tuesday night, “Cable & Wireless Communications notes today's press speculation in The Bahamas and confirms it has come to an agreement with the government of the Commonwealth of The Bahamas.”
Read more: Caribbean News
Marriott acquires Africa's largest hotel chain Protea
US hotel giant Marriott announced on Wednesday it had finalized a deal to buy the Protea group, Africa's largest hotel chain, for US$186 million.
"Marriott and Protea plan to close the transaction on April 1, 2014," the firm said in a statement.
Based in South Africa, Protea manages 10,148 rooms in 116 hotels in 8 African countries including: Malawi, Namibia, Nigeria, South Africa, Uganda, Tanzania and Zambia.
The Nasdaq-listed Marriott Group has 3,900 properties around the world
"Marriott and Protea plan to close the transaction on April 1, 2014," the firm said in a statement.
Based in South Africa, Protea manages 10,148 rooms in 116 hotels in 8 African countries including: Malawi, Namibia, Nigeria, South Africa, Uganda, Tanzania and Zambia.
The Nasdaq-listed Marriott Group has 3,900 properties around the world
Obamacare update: Latest poll number reveal drop in uninsured
The nation's uninsured rate dropped modestly this month as the major coverage expansion under U.S. President Barack Obama's health care law got underway, according to a closely watched survey released Thursday.
The Gallup-Healthways Well-Being Index found that the uninsured rate for U.S. adults dropped by 1.2 percentage points in January, to 16.1 percent. The biggest change was for unemployed people, a drop of 6.7 percentage points. That was followed by a 2.6 percentage-point decline for
The Gallup-Healthways Well-Being Index found that the uninsured rate for U.S. adults dropped by 1.2 percentage points in January, to 16.1 percent. The biggest change was for unemployed people, a drop of 6.7 percentage points. That was followed by a 2.6 percentage-point decline for
With funding woes behind them, Jamaican bobsled team promise stiff competition in Sochi
Two-man Jamaican bobsled team. PHOTO/Peter Andrews/Reuters
(Reuters) - "We are not just going there to participate."
Defiant words of Winston Watts, the driver of Jamaica's two-man bobsled team for next month's Sochi Winter Olympics, as the tropical Caribbean island-nation continues its love affair with icy track for a sixth time in history.
Jamaica's Sochi qualification comes 26 years after their ground-breaking quartet of Devon Harris, Dudley Stokes, Michael White, and Nelson
(Reuters) - "We are not just going there to participate."
Defiant words of Winston Watts, the driver of Jamaica's two-man bobsled team for next month's Sochi Winter Olympics, as the tropical Caribbean island-nation continues its love affair with icy track for a sixth time in history.
Jamaica's Sochi qualification comes 26 years after their ground-breaking quartet of Devon Harris, Dudley Stokes, Michael White, and Nelson
South Sudan: Rival factions set to sign ceasefire deal
South Sudan's government and the faction aligned to former Vice President Riek Machar are scheduled to sign a ceasefire deal later on Thursday, the mediator said, after more than five weeks of conflict that has divided Africa's newest nation and brought it to the brink of civil war.
According to an official working with the rival faction, both sides were "very likely" to sign the peace deal on Thursday in the Ethiopian capital of Addis Ababa, where talks were being held. Both sides have
According to an official working with the rival faction, both sides were "very likely" to sign the peace deal on Thursday in the Ethiopian capital of Addis Ababa, where talks were being held. Both sides have
Wednesday, January 22, 2014
Top Kenya athletes may defect over proposed tax plan
Kenya's Patrick Makau wins the Rotterdam marathon. April 11 2010. PHOTO/Olaf Kraak/AFP/Getty Images
Top Kenyan athletes may consider defecting to other countries if the east African nation goes ahead with plans to tax athletes' earnings, they said on Wednesday.
Speaking to reporters in the North Rift Valley athletics hub Eldoret, Wesley Korir, who won the Boston City Marathon in 2012, and is now a legislator, led a group of athletes who are furious with the Kenya Revenue Authority's
Top Kenyan athletes may consider defecting to other countries if the east African nation goes ahead with plans to tax athletes' earnings, they said on Wednesday.
Speaking to reporters in the North Rift Valley athletics hub Eldoret, Wesley Korir, who won the Boston City Marathon in 2012, and is now a legislator, led a group of athletes who are furious with the Kenya Revenue Authority's
UN warns of possible surge in Haiti cholera deaths
A United Nations envoy warned Wednesday that cholera deaths in Haiti will surge and spread to other countries unless more funds are found to battle the epidemic.
More than 8,330 people have already died from cholera, that started in 2010 and many blame on UN peacekeepers based in the Caribbean nation.
It has since been proven by credible studies, that the disease was in fact introduced into the country by UN peacekeepers, and that the United Nations is currently facing a lawsuit in
More than 8,330 people have already died from cholera, that started in 2010 and many blame on UN peacekeepers based in the Caribbean nation.
It has since been proven by credible studies, that the disease was in fact introduced into the country by UN peacekeepers, and that the United Nations is currently facing a lawsuit in
South Africa: Mining strike looms, as Deputy President Motlanthe appeals for dialogue
South African Deputy President Kgalema Motlanthe has appealed for calm and dialogue ahead of a planned strike this week by tens of thousands of workers at platinum and gold mines.
Motlanthe said at a labor conference Wednesday that relations between workers and employers will only get worse if the two sides "dig in their heels."
The strike for higher wages led by the Association of Mineworkers and Construction Union (AMCU) is set to begin Thursday and could affect more than half of
Motlanthe said at a labor conference Wednesday that relations between workers and employers will only get worse if the two sides "dig in their heels."
The strike for higher wages led by the Association of Mineworkers and Construction Union (AMCU) is set to begin Thursday and could affect more than half of
Obama to host African leaders summit in Washington - White House
From left to right, President Macky Sall of Senegal, President Joyce Banda of Malawi, U.S. President Barack Obama, President Ernest Bai Koroma of Sierra Leone, and Prime Minister José Maria Pereira Neves of Cape Verde at an earlier meeting. PHOTO/File
U.S. President Barack Obama will hold an African leaders summit in Washington this summer.
According to the White House, the summit will focus on strengthening economic and trade ties with leaders from one of the world’s
U.S. President Barack Obama will hold an African leaders summit in Washington this summer.
According to the White House, the summit will focus on strengthening economic and trade ties with leaders from one of the world’s
Tuesday, January 21, 2014
Haiti and Guyana projected to lead in growth in Caribbean region in 2014
Haiti and Guyana are expected to lead the economic growth among countries in Latin America and the Caribbean, according to the United Nations’ annual World Economic Situation and Prospects (WESP) report 2014.
According to the report, both Caribbean Community (CARICOM) countries are projecting to have economic growth of 4.5 percent this year, followed by other CARICOM member states Trinidad & Tobago at 2.5 percent, Jamaica at 1.2 percent and Barbados at 1 percent.
In 2013 Guyana
According to the report, both Caribbean Community (CARICOM) countries are projecting to have economic growth of 4.5 percent this year, followed by other CARICOM member states Trinidad & Tobago at 2.5 percent, Jamaica at 1.2 percent and Barbados at 1 percent.
In 2013 Guyana
Dangote considers buying Nigeria's oil fields
Aliko Dangote, Founder, President and Chief Executive of the Dangote Group. PHOTO/File
The Dangote Group, funded and run by the world's richest black man, Aliko Dangote, is considering the purchase of Nigerian oil fields as international companies plan to sell onshore assets in the continent’s top crude producer.
The company, which has interests from cement to sugar, needs to secure a supply of crude oil and a “substantial amount of gas” for a US$9 billion oil refinery and
The Dangote Group, funded and run by the world's richest black man, Aliko Dangote, is considering the purchase of Nigerian oil fields as international companies plan to sell onshore assets in the continent’s top crude producer.
The company, which has interests from cement to sugar, needs to secure a supply of crude oil and a “substantial amount of gas” for a US$9 billion oil refinery and
Monday, January 20, 2014
Towards a New U.S. | Africa Policy
Africa’s top trading partners. COURTESY/U.S. Senator Chris Coons
The United States needs an African policy that calls for partnership, dialogue on how to advance democracy, human rights, trade and energy production. More importantly, Africa requires policy that will outlast the Chinese in Africa. However, the U.S. - Africa policy thus far, from the African Growth and Opportunity Act (AGOA) to the U.S. Africa Command (AFRICOM) is, ostensibly, reactive to the presence of third countries
The United States needs an African policy that calls for partnership, dialogue on how to advance democracy, human rights, trade and energy production. More importantly, Africa requires policy that will outlast the Chinese in Africa. However, the U.S. - Africa policy thus far, from the African Growth and Opportunity Act (AGOA) to the U.S. Africa Command (AFRICOM) is, ostensibly, reactive to the presence of third countries
Towards a New U.S. - Africa Policy
The United States needs an African policy that calls for partnership, dialogue on how to advance democracy, human rights, trade and energy production. More importantly, Africa requires policy that will outlast the Chinese in Africa. However, the U.S. - Africa policy thus far, from the African Growth and Opportunity Act (AGOA) to AFRICOM is, ostensibly, reactive to the presence of third countries in Africa and not necessarily to the needs of the Africans themselves. Of course, AGOA has a
NewStar Financial arranges financing for RLJ Equity Partners acquisition of Naylor LLC
Robert L. Johnson, Founder and Chairman of The RLJ Companies
Earlier this month, NewStar Financial, Inc., a specialized commercial finance company, announced that it has served as Lead Arranger and Administrative Agent for Senior Credit Facilities totaling US$38 million to support RLJ Equity Partners' acquisition of Naylor, LLC.
Founded in 1969, Naylor LLC., provides customized communications and business services that include a full suite of print and digital media, event management,
Earlier this month, NewStar Financial, Inc., a specialized commercial finance company, announced that it has served as Lead Arranger and Administrative Agent for Senior Credit Facilities totaling US$38 million to support RLJ Equity Partners' acquisition of Naylor, LLC.
Founded in 1969, Naylor LLC., provides customized communications and business services that include a full suite of print and digital media, event management,
Jamaican bobsled team headed to Sochi Winter Olympics
Two-man Jamaican bobsled team. PHOTO/Peter Andrews/Reuters
The Jamaican bobsled team on Saturday qualified for the two-man competition at next month's Sochi Winter Olympic Games.
The Jamaica Olympic Association, Monday, announced that it would be covering all costs associated with getting the bobsled team from its training based in Evanston, Wyoming to the the Russian city of Sochi, while all local expenses will be covered by the Sochi 2014 Local Organizing Committee.
Jamaica first
The Jamaican bobsled team on Saturday qualified for the two-man competition at next month's Sochi Winter Olympic Games.
The Jamaica Olympic Association, Monday, announced that it would be covering all costs associated with getting the bobsled team from its training based in Evanston, Wyoming to the the Russian city of Sochi, while all local expenses will be covered by the Sochi 2014 Local Organizing Committee.
Jamaica first
South Africa: Labor unrest in mining industry to negatively impact economy - Finance Minister
South Africa's economy cannot afford more mine labor unrest, Finance Minister Pravin Gordhan said on Monday, as the platinum industry's main trade union served notice on the world's top 3 producers that it planned to strike this week.
A series of strikes in the factory and mining sectors constrained growth to a sluggish 2 percent in 2013, hampering efforts by President Jacob Zuma's administration to create badly needed jobs as it braces for elections this year.
The African National
A series of strikes in the factory and mining sectors constrained growth to a sluggish 2 percent in 2013, hampering efforts by President Jacob Zuma's administration to create badly needed jobs as it braces for elections this year.
The African National
5 Entrepreneurship Lessons from Dr. Martin Luther King, Jr.
Martin Luther Jr. PHOTO/File
As we celebrate the life, achievements, and legacy of Dr. Martin Luther King, Jr., entrepreneurs should take note of five important business lessons that can be learned from him, and his role in the Civil Rights movement:
- Make Your Dream A Reality
The phrase people most often associate with Dr. King – excerpted from his landmark 1963 speech — is “I have a dream.” Of course, many people have dreams. Some even have great dreams. But most people
As we celebrate the life, achievements, and legacy of Dr. Martin Luther King, Jr., entrepreneurs should take note of five important business lessons that can be learned from him, and his role in the Civil Rights movement:
- Make Your Dream A Reality
The phrase people most often associate with Dr. King – excerpted from his landmark 1963 speech — is “I have a dream.” Of course, many people have dreams. Some even have great dreams. But most people
Trinidad & Tobago: Majority of oil spill cleaned, but mangroves still contaminated - PETROTRIN
Cleaning crews working to clear up pollution resulting from oil spill, Dec. 23, 2013. PHOTO/Trinidad Express
Trinidad & Tobago's government says a state-owned petroleum company (PETROTRIN) has cleaned up some 4,200 barrels of oil from a recent spill in the island's southwest region, but that a mangrove section remains contaminated.
A total of 7,500 barrels of oil were spilled last month along nearly 8 kilometers (11 miles) of beach, the majority of which has been cleaned, according to
Trinidad & Tobago's government says a state-owned petroleum company (PETROTRIN) has cleaned up some 4,200 barrels of oil from a recent spill in the island's southwest region, but that a mangrove section remains contaminated.
A total of 7,500 barrels of oil were spilled last month along nearly 8 kilometers (11 miles) of beach, the majority of which has been cleaned, according to
Catherine Samba-Panza, elected interim President of the Central African Republic
Central African Republic interim President.,Catherine Samba-Panza. PHOTO/File
The transitional parliament in the Central African Republic has elected the mayor of the capital, Bangui, Catherine Samba-Panza, as interim president on Monday, tasked with ending months of religious sectarian conflict and guiding the country to elections slated for later this year.
Samba-Panza, who defeated 7 other candidates, succeeds Michel Djotodia, the leader of the Islamist Seleka rebels who seized
The transitional parliament in the Central African Republic has elected the mayor of the capital, Bangui, Catherine Samba-Panza, as interim president on Monday, tasked with ending months of religious sectarian conflict and guiding the country to elections slated for later this year.
Samba-Panza, who defeated 7 other candidates, succeeds Michel Djotodia, the leader of the Islamist Seleka rebels who seized
Sunday, January 19, 2014
Central African Republic: 8 Candidates to face off in Presidential elections as country moves towards healing
On Monday, members of the National Transitional Council are to select a new interim president tasked with leading the Central African Republic toward democratic elections before the end of 2014.
The field, though, has been narrowed by the requirement that candidates could not have taken part in a rebellion or armed group over the last 20 years.
Among 8 candidates from an initial field of 24 are 2 sons of former presidents: Sylvain Patasse, whose father was the country's only
The field, though, has been narrowed by the requirement that candidates could not have taken part in a rebellion or armed group over the last 20 years.
Among 8 candidates from an initial field of 24 are 2 sons of former presidents: Sylvain Patasse, whose father was the country's only
Clarence Seedorf named Head Coach of serie A club AC Milan
Clarence Seedorf. PHOTO/Getty Images
Former Netherlands and AC Milan midfielder Clarence Seedorf has returned to AC Milan as the new head coach after announcing an end to his illustrious playing career last Tuesday.
Seedorf vowed on Saturday to take the club back to the top while helping his players ''rediscover joy in playing soccer.''
Seedorf signed a two-and-a-half year contract at AC Milan on Thursday, replacing Massimiliano Allegri, who was fired following last Sunday's
Former Netherlands and AC Milan midfielder Clarence Seedorf has returned to AC Milan as the new head coach after announcing an end to his illustrious playing career last Tuesday.
Seedorf vowed on Saturday to take the club back to the top while helping his players ''rediscover joy in playing soccer.''
Seedorf signed a two-and-a-half year contract at AC Milan on Thursday, replacing Massimiliano Allegri, who was fired following last Sunday's
Australian Open 2014: Back injury hinders Serena Williams - loses to Ana Ivanovic
Serena Williams. PHOTO/Getty Images
Serena Williams' long winning streak came to an end in a stunning fourth-round defeat to Ana Ivanovic at the Australian Open on Sunday.
Ivanovic hadn't won a set in her 4 previous matches against Williams, who had been a heavy favorite to win a sixth Australian Open crown for her 18th Grand Slam title. Williams' camp later said she'd been bothered by a back problem in practice in recent days and considered pulling out of the tournament.
The
Serena Williams' long winning streak came to an end in a stunning fourth-round defeat to Ana Ivanovic at the Australian Open on Sunday.
Ivanovic hadn't won a set in her 4 previous matches against Williams, who had been a heavy favorite to win a sixth Australian Open crown for her 18th Grand Slam title. Williams' camp later said she'd been bothered by a back problem in practice in recent days and considered pulling out of the tournament.
The
Friday, January 17, 2014
Jamaican bobsled team prepares to qualify for Sochi Winter Olympics
Jamaican bobsled team in action during event in Canada in 2013. PHOTO/Paul Skog
After a 12-year absence from the Games, Jamaica are on the verge of writing another chapter in their association with the Winter Olympics. After failing to qualify in 2006 and falling short of funds in 2010, the Jamaican bobsled team is ready for a comeback - if they are able to qualify in St Moritz, Switzerland, this weekend.
Winston Watts and Marvin Dixon are expected to qualify for next month's Winter
After a 12-year absence from the Games, Jamaica are on the verge of writing another chapter in their association with the Winter Olympics. After failing to qualify in 2006 and falling short of funds in 2010, the Jamaican bobsled team is ready for a comeback - if they are able to qualify in St Moritz, Switzerland, this weekend.
Winston Watts and Marvin Dixon are expected to qualify for next month's Winter
MobileMoneyExpo event to be held in Lagos - Nigeria next month
The fourth MobileMoneyExpo in Lagos next month will focus on low-income individuals and attempt to introduce banking to “the bottom of the pyramid in Africa”, the continent with the largest market for mobile money.
The event will address what needs to be done to overcome the hurdles of reaching the millions of people who do not have access to formal financial services but yet own a phone in Africa.
According to a report published by the Africa Development Bank, 14 percent of
The event will address what needs to be done to overcome the hurdles of reaching the millions of people who do not have access to formal financial services but yet own a phone in Africa.
According to a report published by the Africa Development Bank, 14 percent of
Obama bans spying on leaders of U.S. allies, proposes new limits on NSA phone collections program
U.S. President Barack Obama addressing the nation about NSA surveillance techniques, January 17, 2014. PHOTO/Saul Loeb/AFP/Getty Images
(Reuters) - U.S. President Barack Obama banned U.S. eavesdropping on the leaders of close friends and allies on Friday and began reining in the vast collection of Americans' phone data in a series of reforms triggered by Edward Snowden's revelations.
In a major speech, Obama took steps to reassure Americans and foreigners alike that the United States
(Reuters) - U.S. President Barack Obama banned U.S. eavesdropping on the leaders of close friends and allies on Friday and began reining in the vast collection of Americans' phone data in a series of reforms triggered by Edward Snowden's revelations.
In a major speech, Obama took steps to reassure Americans and foreigners alike that the United States
Haiti ends ban on imported Dominican poultry, eggs in bid to resolve diplomatic & trade spat
The Dominican Republic says Haiti has lifted a ban on imports of Dominican poultry and eggs - an issue that set off tensions between the neighboring nations when it was imposed late last year.
Dominican Agriculture Minister Luis Ramon Rodriguez said Thursday he received notice of the move from his counterpart in Haiti, Jacques Thomas.
Haiti announced the ban in mid-2013, saying it was because of an outbreak of bird flu across the border. Dominican authorities denied that, and the Pan
Dominican Agriculture Minister Luis Ramon Rodriguez said Thursday he received notice of the move from his counterpart in Haiti, Jacques Thomas.
Haiti announced the ban in mid-2013, saying it was because of an outbreak of bird flu across the border. Dominican authorities denied that, and the Pan
Madagascar: Hery Rajaonarimampianina confirmed as winner of Presidential election
Madagascar President-Elect Hery Rajaonarimampianina. PHOTO/Reuters
Madagascar on Friday declared Hery Rajaonarimampianina, a former finance minister backed by strongman Andry Rajoelina, as the country's new president, after elections aimed at restoring democracy.
Rajaonarimampianina, 55, was "declared officially president of the Republic of Madagascar," with just over 53 percent of the votes, said the president of the electoral court, Francois Rakotozafy.
The new president-elect
Madagascar on Friday declared Hery Rajaonarimampianina, a former finance minister backed by strongman Andry Rajoelina, as the country's new president, after elections aimed at restoring democracy.
Rajaonarimampianina, 55, was "declared officially president of the Republic of Madagascar," with just over 53 percent of the votes, said the president of the electoral court, Francois Rakotozafy.
The new president-elect
Dominica records its first case of Chikungunya
Dominica has recorded its first case of the chikungunya virus but health officials say there is no cause for alarm.
“We can confirm that we have the first local case of chikungunya in Dominica, but there is no need for any alarm at this time,” said Chief Medical Officer of Dominica, David Johnson, adding that it was ”very importantly for us we want to establish if there are any other cases in Dominica”.
Earlier this week the Trinidad & Tobago-based Caribbean Public Health
“We can confirm that we have the first local case of chikungunya in Dominica, but there is no need for any alarm at this time,” said Chief Medical Officer of Dominica, David Johnson, adding that it was ”very importantly for us we want to establish if there are any other cases in Dominica”.
Earlier this week the Trinidad & Tobago-based Caribbean Public Health
Australian Open 2014: Serena Williams advances to 4th round
Serena Williams in action against Daniela Hantuchova at the Australian Open, January 16 2014. PHOTO/Saaed Khan/AFP
(Reuters) - Serena Williams powered past Daniela Hantuchova 6-3 6-3 at the Australian Open on Friday to advance to the fourth round.
Williams who is currently the world number one had lost their only other encounter at Melbourne Park, in the third round in 2006 when the Slovakian beat her in straight sets, but she made no mistake this time around.
Williams looked as if
(Reuters) - Serena Williams powered past Daniela Hantuchova 6-3 6-3 at the Australian Open on Friday to advance to the fourth round.
Williams who is currently the world number one had lost their only other encounter at Melbourne Park, in the third round in 2006 when the Slovakian beat her in straight sets, but she made no mistake this time around.
Williams looked as if
Thursday, January 16, 2014
Nigeria: Jonathan ally resigns as ruling People's Democratic Party chairman
(Reuters) - A close ally of Nigerian President Goodluck Jonathan, Bamanga Tukur (pictured), has resigned as chairman of the ruling People's Democratic Party (PDP), Jonathan told a party committee on Thursday.
Jonathan is facing a crisis within his party centered around his assumed intention to run for another term in the 2015 election. Five governors and several lawmakers have defected to the opposition.
The resignation of Tukur, seen by many as a divisive figure, was one of the
Jonathan is facing a crisis within his party centered around his assumed intention to run for another term in the 2015 election. Five governors and several lawmakers have defected to the opposition.
The resignation of Tukur, seen by many as a divisive figure, was one of the
Steve & Marjorie Harvey Foundation in partnership with Coca-Cola to PAY IT FORWARD to the next generation of leaders
(Black PR Wire) - Atlanta, Georgia - Actor, comedian turned media mogul and philanthropist, Steve Harvey, takes on another exciting role by joining the Coca-Cola Pay It Forward Program. His strong commitment to mentoring is a great complement to the movement that uncaps a world of possibilities for the next generation.
Marking year 3, the Coca-Cola Pay It Forward program will offer once-in-a-lifetime apprenticeship experiences to African American youth looking to pave the way for their
Marking year 3, the Coca-Cola Pay It Forward program will offer once-in-a-lifetime apprenticeship experiences to African American youth looking to pave the way for their
Haiti: Administration committed to holding legislative elections this year - PM Lamothe
Haiti’s Prime Minister Laurent Lamonthe has pledged that his government will provide the necessary means to the electoral council to facilitate the holding of legislative and local elections this year.
During a cabinet meeting on Wednesday, Lamothe reiterated the commitment of his team and President Michel Martelly to democracy and the rule of law, of which regularly organized free, fair and honest elections remain an inescapable corollary.
"The elections will take place this year
During a cabinet meeting on Wednesday, Lamothe reiterated the commitment of his team and President Michel Martelly to democracy and the rule of law, of which regularly organized free, fair and honest elections remain an inescapable corollary.
"The elections will take place this year
Cameroonian Seme Noungon launches Altylis Seme Telecom - the Central African region's first low cost wireless operator
Cameroonian entrepreneur and businessman Seme Noungon (pictured), is set to launch a low cost cellular telephone company in the relatively uncrowded Central African market later this month.
According to sources familiar to the wireless industry in the Central African region, the new cellular operator Altylis Seme Telecom, to slash cellular service prices in the region” using voice over IP (VolP) technology so that consumers can fully enjoy phone services at reduced prices.
Noungon
According to sources familiar to the wireless industry in the Central African region, the new cellular operator Altylis Seme Telecom, to slash cellular service prices in the region” using voice over IP (VolP) technology so that consumers can fully enjoy phone services at reduced prices.
Noungon
Obama announces New Manufacturing Hub in North Carolina
U.S. President Barack Obama addresses the audience at North Carolina State University., January 15, 2014. PHOTO/Carolyn Kaster/AP
Making good on a promise from last year's State of the Union to help create good-paying American jobs, U.S. President Barack Obama on Wednesday announced a new public-private manufacturing hub in North Carolina to develop next-generation power electronics.
Obama's announcement was meant to give a manufacturing boost to the state that has taken hits in the
Making good on a promise from last year's State of the Union to help create good-paying American jobs, U.S. President Barack Obama on Wednesday announced a new public-private manufacturing hub in North Carolina to develop next-generation power electronics.
Obama's announcement was meant to give a manufacturing boost to the state that has taken hits in the
Caribbean, West Africa forum opens in Benin to discuss future cooperation
President Boni Yayi of Benin on Wednesday presided over the opening ceremony of a West African regional consultative forum on the African-Caribbean and Pacific Group (ACP) beyond 2020.
"Our regional conference provides opportunities for formulating strategic recommendations on the future of the African-Caribbean and Pacific Group," he said.
He said the talks came at a crucial moment for the African-Caribbean and Pacific Group and its future.
"There have been many changes in the
"Our regional conference provides opportunities for formulating strategic recommendations on the future of the African-Caribbean and Pacific Group," he said.
He said the talks came at a crucial moment for the African-Caribbean and Pacific Group and its future.
"There have been many changes in the
Egyptians vote overwhelmingly in favor of new constitution in referendum
An overwhelming majority of Egyptians who voted on the country's new constitution have backed the draft charter, a senior Egyptian official said Thursday.
The official told reporters that unofficial results, after most of ballots have been counted, indicate that more than 90 percent of the voters have said "yes" to the constitution.
He declined to give an estimate on the final turnout and spoke on condition of anonymity because he is not authorized to talk to the media.
The vote
The official told reporters that unofficial results, after most of ballots have been counted, indicate that more than 90 percent of the voters have said "yes" to the constitution.
He declined to give an estimate on the final turnout and spoke on condition of anonymity because he is not authorized to talk to the media.
The vote
Wednesday, January 15, 2014
Chikungunya - mosquito-borne virus spreading in the Caribbean
Chikungunya a mosquito-borne virus appears to be spreading quickly in the Caribbean during the winter tourism season just weeks after epidemiologists first found local transmission occurring in St. Martin.
Scientists said Tuesday that St. Martin now has as many as 200 cases of chikungunya, a virus that can cause a debilitating but rarely fatal sickness with fever, rash, fatigue and intense muscle and joint pain.
According to the Trinidad & Tobago-based Caribbean Public Health Agency
Scientists said Tuesday that St. Martin now has as many as 200 cases of chikungunya, a virus that can cause a debilitating but rarely fatal sickness with fever, rash, fatigue and intense muscle and joint pain.
According to the Trinidad & Tobago-based Caribbean Public Health Agency
Kenya: Trial of Westgate mall attack suspects begins
Nairobi’s Westgate Mall before the terrorist attack. PHOTO/Westgate Premier Mall Inc.
(Reuters) - Four men charged with helping al Qaeda-linked militants launch a murderous attack on a Kenyan shopping mall appeared in court on Wednesday at the start of their trial.
Mohamed Ahmed Abdi, Liban Abdullah Omar, Hussein Hassan, and Adan Mohamed Ibrahim are accused of giving support and shelter to gunmen who killed at least 67 people during the assault on Nairobi's Westgate complex that
(Reuters) - Four men charged with helping al Qaeda-linked militants launch a murderous attack on a Kenyan shopping mall appeared in court on Wednesday at the start of their trial.
Mohamed Ahmed Abdi, Liban Abdullah Omar, Hussein Hassan, and Adan Mohamed Ibrahim are accused of giving support and shelter to gunmen who killed at least 67 people during the assault on Nairobi's Westgate complex that
Tuesday, January 14, 2014
MallforAfrica Platform Offering U.S. Retailers Access To Rapidly Growing African Middle Class
(PRNewswire) - Chris Folayan (pictured), an enterprising software developer, has found a way to tap into the purchasing power of Nigeria's rapidly growing middle class. Folayan has developed a unique, proprietary shopping platform called MallforAfrica (MFA) that enables retailers from the United States and United Kingdom to securely sell clothing and other consumer products to millions of shoppers in Nigeria, as well as Nigerians living abroad who want to ship items home to their families
Gwendolyn Boyd named new President of Alabama State University
Gwendolyn Boyd (pictured), has been named as the first female president of Alabama State University. Boyd assumes the role on February 1.
"I feel good about our choice," Alabama State University Board Chairman Elton Dean said in a statement. "I am looking for great things from Dr. Boyd. The Board is going to work with her 100 percent. We are going to be the policymakers, and she will be the CEO. I believe everyone is going to be pleased with the direction that the university is
"I feel good about our choice," Alabama State University Board Chairman Elton Dean said in a statement. "I am looking for great things from Dr. Boyd. The Board is going to work with her 100 percent. We are going to be the policymakers, and she will be the CEO. I believe everyone is going to be pleased with the direction that the university is
Egypt: Vote on new constitution in key referendum underway
Egyptians voted Tuesday on a new constitution in a referendum that will pave the way for a likely presidential run by the nation's top general months after he ousted Islamist President Mohammed Mursi.
The 2 day balloting is a key milestone in a military-backed political roadmap toward new elections for a president and a parliament after the July coup that has left country sharply divided between Brotherhood supporters in one camp, and the military, security forces and their supporters in
The 2 day balloting is a key milestone in a military-backed political roadmap toward new elections for a president and a parliament after the July coup that has left country sharply divided between Brotherhood supporters in one camp, and the military, security forces and their supporters in
Barbados: Layoffs in the public sector to be delayed by 18 days
The Freundel Stuart administration in Barbados has extended the date that job cuts and layoffs in the public service would begin by 18 days, following talks with labor unions on Monday.
Prime Minister Freundel Stuart said the delay would allow the Ministry of the Civil Service to generate a list of positions that would no longer be required, as his administration seeks to reduce the size of government, and in turn public spending in a bid to revive the country's ailing
Prime Minister Freundel Stuart said the delay would allow the Ministry of the Civil Service to generate a list of positions that would no longer be required, as his administration seeks to reduce the size of government, and in turn public spending in a bid to revive the country's ailing
Monday, January 13, 2014
Australian Open 2014: Serena Williams advances to round 2
Serena Williams in action against Ashleigh Barty, January 13, 2014. PHOTO/Getty Images
Top-ranked Serena Williams extended her winning streak to 23 matches and cruised into the second round of the Australian Open with a 6-2, 6-1 victory over Australian wildcard entry Ashleigh Barty on Monday night.
Williams, who collected 11 titles including two majors as she won 78 of her 82 matches in 2013, opened this season by defending her title at the Brisbane International and carried the
Top-ranked Serena Williams extended her winning streak to 23 matches and cruised into the second round of the Australian Open with a 6-2, 6-1 victory over Australian wildcard entry Ashleigh Barty on Monday night.
Williams, who collected 11 titles including two majors as she won 78 of her 82 matches in 2013, opened this season by defending her title at the Brisbane International and carried the
Usain Bolt, Shelly-Ann Fraser-Pryce named Jamaica's top sport personalities for 2013
Jamaica athletes, Usain Bolt and Shelly-Ann Fraser-Pryce. PHOTO/Bryan Cummings/Jamaica Observer
Usain Bolt and Shelly-Ann Fraser-Pryce were named Jamaica’s top sporting personalities for 2013 at the RJR Foundation National Sportsman and Sportswoman awards on Friday.
Both athletes were also crowned the IAAF World Athletes of the Year last December.
Bolt copped his fifth straight Sportsman of the Year award following his outstanding performances at the 2013 World Championships in
Usain Bolt and Shelly-Ann Fraser-Pryce were named Jamaica’s top sporting personalities for 2013 at the RJR Foundation National Sportsman and Sportswoman awards on Friday.
Both athletes were also crowned the IAAF World Athletes of the Year last December.
Bolt copped his fifth straight Sportsman of the Year award following his outstanding performances at the 2013 World Championships in
England's Jermain Defoe leaving Tottenham Hotspurs to join Toronto FC
Jermain Defoe surrounded by camera's at Toronto's Pearson Airport. PHOTO/Twitter/TorontoFC
England international striker Jermain Defoe will be leaving Tottenham Hotspurs and join Major League Soccer's Toronto FC at the end of February.
The 31-year-old Defoe has scored 142 goals during 2 spells at Tottenham and is the club's top scorer in European competitions.
The Toronto-bound Defoe began his Tottenham farewell by scoring as Spurs moved within one point of the Champions League
England international striker Jermain Defoe will be leaving Tottenham Hotspurs and join Major League Soccer's Toronto FC at the end of February.
The 31-year-old Defoe has scored 142 goals during 2 spells at Tottenham and is the club's top scorer in European competitions.
The Toronto-bound Defoe began his Tottenham farewell by scoring as Spurs moved within one point of the Champions League
Haitians remember victims of earthquake 4 years ago
Haitian President Michel Martelly (l) and first lady Sophia Martelly (r) lay a wreath at a monument in memory of the victims of the January 12, 2010 earthquake. PHOTO/Jean Marc Herve Abelard/AP
Haitians paused Sunday to remember the tens of thousands of people who died in a catastrophic earthquake 4 years ago, holding somber low-key commemorations on a national day of reflection.
President Michel Martelly and first lady Sophia Martelly placed a bouquet of white flowers at a potter's
Haitians paused Sunday to remember the tens of thousands of people who died in a catastrophic earthquake 4 years ago, holding somber low-key commemorations on a national day of reflection.
President Michel Martelly and first lady Sophia Martelly placed a bouquet of white flowers at a potter's
Central African Republic: Reports of truce following President's resignation offer hope of peace
Rival militiamen yesterday struck a truce and hugged each other in neighborhoods of the Central African Republic’s (CAR) capital on the eve of consultations aimed at replacing the president who resigned under regional pressure.
The events reported by witnesses offered a glimmer of hope that weeks of deadly sectarian violence would end following the resignation on Friday of former president Michel Djotodia, the mainly Christian country’s first Muslim president who left to Benin on
The events reported by witnesses offered a glimmer of hope that weeks of deadly sectarian violence would end following the resignation on Friday of former president Michel Djotodia, the mainly Christian country’s first Muslim president who left to Benin on
Saturday, January 11, 2014
African American unemployment drops to 11.9% in December
Unemployment rates fell for every major group of Americans last year, the unemployment rate in the United States also dropped to 6.7 percent, the lowest since 2008 - a hopeful sign for the economic recovery. Yet some groups are benefiting more than others. And in some cases, unemployment is falling for the wrong reason.
College graduates are in the best position to land a job since the 2008 financial crisis. About 1.2 million of them found jobs in 2013, accounting for more than half of
College graduates are in the best position to land a job since the 2008 financial crisis. About 1.2 million of them found jobs in 2013, accounting for more than half of
Trinidad & Tobago: Former PM Patrick Manning returns to parliament after suffering stroke
Former Prime Minister of Trinidad & Tobago., Patrick Manning. PHOTO/Reuters
After 2 years of being absent from parliament, the Trinidad & Tobago's former Prime Minister and member of parliament (MP) for the San Fernando East riding, Patrick Manning, has returned to the the House.
Manning, who suffered a stroke in January 2012, has spent the last 2 years recuperating. He had been granted extensive leave on the grounds of medical illness by House Speaker Wade Mark.
Manning’s
After 2 years of being absent from parliament, the Trinidad & Tobago's former Prime Minister and member of parliament (MP) for the San Fernando East riding, Patrick Manning, has returned to the the House.
Manning, who suffered a stroke in January 2012, has spent the last 2 years recuperating. He had been granted extensive leave on the grounds of medical illness by House Speaker Wade Mark.
Manning’s
Friday, January 10, 2014
Nigerian automotive market projects a rebound in 2013-14
(live-PR.com) - After a 5.5 percent drop in sales in 2012, analysts continue to forecast that the new vehicles market will post a strong rebound in 2013 and in 2014, when we forecast a 7.8 percent rise in sales.
The Nigerian economy is set to be one of the continent´s strongest performers in 2014. It is projected that the country will register real gross domestic product (GDP) growth of 7.2 percent up from an estimated 6.5 percent in 2013. Inflation is at a 5-year low which in turn
The Nigerian economy is set to be one of the continent´s strongest performers in 2014. It is projected that the country will register real gross domestic product (GDP) growth of 7.2 percent up from an estimated 6.5 percent in 2013. Inflation is at a 5-year low which in turn
45th NAACP Image Awards slated for Feb. 22
In a year rich with black-oriented films, nominees for the NAACP Image Awards include "12 Years a Slave" and "Lee Daniels' The Butler."
"Fruitvale Station," "Mandela: Long Walk to Freedom" and "The Best Man Holiday" are the other nominees for outstanding motion picture, the National Association for the Advancement of Colored People (NAACP) announced Thursday.
The 45th annual NAACP Image Awards, which honor diversity in the arts, will be presented in a February 22 ceremony airing on
"Fruitvale Station," "Mandela: Long Walk to Freedom" and "The Best Man Holiday" are the other nominees for outstanding motion picture, the National Association for the Advancement of Colored People (NAACP) announced Thursday.
The 45th annual NAACP Image Awards, which honor diversity in the arts, will be presented in a February 22 ceremony airing on
Barbados economic growth projected to be less than 1 percent in 2014 - Governor Worrell
Bank of Barbados Governor, Delisle Worrell. PHOTO/FP
DeLisle Worrell, the Governor of the Central Bank of Barbados, has said that tourism-related investment will impart some stimulus to the economy this financial year, however, this effect will be largely eroded by the fiscal contraction, and the forecast is for growth of less than 1 percent.
In an opinion article commenting on the current status of the Barbados economy, Worrell said the recent economic performance has been
DeLisle Worrell, the Governor of the Central Bank of Barbados, has said that tourism-related investment will impart some stimulus to the economy this financial year, however, this effect will be largely eroded by the fiscal contraction, and the forecast is for growth of less than 1 percent.
In an opinion article commenting on the current status of the Barbados economy, Worrell said the recent economic performance has been
Central African Republic: President Michel Djotodia resigns
Former President of the Central African Republic, Michel Djotodia. PHOTO/Eric Feferberg/AFP/Getty Images
Central African Republic interim President Michel Djotodia has resigned along with his prime minister, regional officials announced.
On the streets of Bangui, the capital of Central African Republic, there was jubilation about the possibility that the challenging security situation might change.
There has been growing pressure for Djotodia to step aside. The resignation should
Central African Republic interim President Michel Djotodia has resigned along with his prime minister, regional officials announced.
On the streets of Bangui, the capital of Central African Republic, there was jubilation about the possibility that the challenging security situation might change.
There has been growing pressure for Djotodia to step aside. The resignation should
Thursday, January 9, 2014
Winning in Africa
(Marketwired) - Johannesburg, South Africa - Companies are starting to place big bets on Africa, but many of them are still figuring out what it takes to win on the continent, according to a new report by The Boston Consulting Group (BCG). The continent is a dizzying collection of emerging markets, each with its own unique business environment, risk profile, and potential. Companies frequently do not know what to expect, where to start, and how to prosper.
"In the past, multinationals
"In the past, multinationals
Obama mulls over limiting NSA's power to store phone records
U.S. President Barack Obama. PHOTO/File
U.S. President Barack Obama is expected to rein in spying on foreign leaders and is considering restricting National Security Agency (NSA) access to Americans' phone records, according to people familiar with a White House review of the government's surveillance programs.
Obama could unveil his highly anticipated decisions as early as next week. On Thursday, the president met with congressional leaders at the White House to discuss the review,
U.S. President Barack Obama is expected to rein in spying on foreign leaders and is considering restricting National Security Agency (NSA) access to Americans' phone records, according to people familiar with a White House review of the government's surveillance programs.
Obama could unveil his highly anticipated decisions as early as next week. On Thursday, the president met with congressional leaders at the White House to discuss the review,
HBCUs
In 2013, Howard University was classified by the National Science Foundation as the top producer of African Americans who go on to earn doctorates in science and engineering.
In 2014, exactly 40 years after Howard became the first historically black college or university (HBCU) to establish a school of allied health. The university will debut the Howard University Health Sciences Simulation Center, a 6,000-square foot facility where undergraduate students and post-graduate trainees in
In 2014, exactly 40 years after Howard became the first historically black college or university (HBCU) to establish a school of allied health. The university will debut the Howard University Health Sciences Simulation Center, a 6,000-square foot facility where undergraduate students and post-graduate trainees in
Central African Republic: Interim President Djotodia to step down - sources
Central African Republic's interim President Michel Djotodia (pictured), is due to step down at a summit of regional leaders on Thursday amid frustration at his failure to quell religious violence in his nation, diplomatic and political sources said.
"It's finished for him now," said a source close to Djotodia, who said he was due to step aside at the summit on Thursday in the Chadian capital N'Djamena.
Political sources in Bangui said Central African leaders led by Chad's Idriss Deby
"It's finished for him now," said a source close to Djotodia, who said he was due to step aside at the summit on Thursday in the Chadian capital N'Djamena.
Political sources in Bangui said Central African leaders led by Chad's Idriss Deby
Trinidad & Tobago: Environmental body slaps PETROTRIN with $3.2 million fine for oil spills
Cleaning crews working to clear up pollution resulting from oil spill, Dec. 23, 2013. PHOTO/Trinidad Express
Trinidad & Tobago's Environmental Management Authority (EMA) has slapped a TT$20 million (US$ 3.2 million) fine on the state-owned oil company, PETROTRIN, over 11 spills that have seriously affected residents and the environment in the south of the twin-island republic.
In a statement, the EMA said that the oil company had failed to submit for approval the required methods for
Trinidad & Tobago's Environmental Management Authority (EMA) has slapped a TT$20 million (US$ 3.2 million) fine on the state-owned oil company, PETROTRIN, over 11 spills that have seriously affected residents and the environment in the south of the twin-island republic.
In a statement, the EMA said that the oil company had failed to submit for approval the required methods for
Wednesday, January 8, 2014
Dominican authorities pledge to safeguard the basic rights of Haitians and their descendants
(PRNewswire) - During a historic and frank dialogue at the border town of Ouanaminthe, Dominican authorities pledged to enact measures to safeguard the basic rights of Haitians and their descendants living in the Dominican Republic.
Both countries noted that dialogue around this divisive issue was conducted in a tone of mutual respect and serenity and that it was "frank, constructive and enlightening."
Recognizing the sovereign right of the Dominican Republic to enact migration
Both countries noted that dialogue around this divisive issue was conducted in a tone of mutual respect and serenity and that it was "frank, constructive and enlightening."
Recognizing the sovereign right of the Dominican Republic to enact migration
Zambia to set up Sovereign Wealth Fund to spur Investment and growth
(Bloomberg) - Zambia plans to establish a sovereign wealth fund to spur investment outside the mining industry of Africa’s biggest copper producer.
The fund will be set up through the Industrial Development Corporation, which will oversee the southern African nation’s state-owned companies. It will focus on stimulating investment in strategic non-mining industries among others, thereby expanding the country’s investment portfolio and thus creating jobs.
Zambia is joining
The fund will be set up through the Industrial Development Corporation, which will oversee the southern African nation’s state-owned companies. It will focus on stimulating investment in strategic non-mining industries among others, thereby expanding the country’s investment portfolio and thus creating jobs.
Zambia is joining
ASPiRE TV starts off 2014 with four new episodes of its original weekly series “THE ROOT 100”
(Black PR Wire) - Atlanta - Hosted by Emmy®-winning television journalist and CNN Anchor Suzanne Malveaux and featuring interviews by Political Strategist/Writer/Commentator Jamal Simmons, ASPiRE Tv’s original weekly series THE ROOT 100 (i.e. #TheRoot100) returns in 2014 with new episodes, beginning on Wednesday, January 8 at 8 p.m. EST.
Based on online news and commentary site The Root’s (TheRoot.com) 4th annual list of 100 of the most influential African American innovators of the
Based on online news and commentary site The Root’s (TheRoot.com) 4th annual list of 100 of the most influential African American innovators of the
Obama-backed jobless benefits bill clears Republican roadblock
(Reuters) - The Obama administration-backed bill to extend jobless benefits for 1.3 million Americans narrowly cleared a Republican procedural roadblock in the U.S. Senate on Tuesday, the first volley in a new battle to combat poverty.
In a largely party-line vote of 60-37 - 60 were needed to prevail - the Democratic-led Senate agreed to begin consideration of the measure, which, at a cost of US$6 billion, would extend recently ended jobless benefits for 3 months.
The Senate may vote
In a largely party-line vote of 60-37 - 60 were needed to prevail - the Democratic-led Senate agreed to begin consideration of the measure, which, at a cost of US$6 billion, would extend recently ended jobless benefits for 3 months.
The Senate may vote
ODI Cricket: West Indies rout New Zealand
Dinesh Ramdin (r) of the West Indies moves to run out Cory Anderson (l) during a match beween the West Indies and New Zealand on January 8, 2014. PHOTO/Getty Images
Kirk Edwards hit his maiden One Day international (ODI) hundred and Dwayne Bravo his second as West Indies crushed New Zealand by 203 runs in the fifth and final ODI to draw the series two games each.
Edwards was undefeated on 123 while Bravo scored 106 highlighting a superior all round performance by the Caribbean side
Kirk Edwards hit his maiden One Day international (ODI) hundred and Dwayne Bravo his second as West Indies crushed New Zealand by 203 runs in the fifth and final ODI to draw the series two games each.
Edwards was undefeated on 123 while Bravo scored 106 highlighting a superior all round performance by the Caribbean side
Abdiweli Mohamed Ali elected President of Somalia's Puntland
Newly elected President of Somalia's Puntland, Abdiweli Mohamed Ali. PHOTO/European Press Agency
Parliament narrowly elected former prime minister Abdiweli Mohamed Ali as president Somalia's semi-autonomous region of Puntland on Wednesday, backing his campaign against corruption and insecurity in the relatively peaceful Somali region.
At the tip of the Horn of Africa and with a third of Somalia's population of about 10 million, Puntland spans the north of Somalia and has largely
Parliament narrowly elected former prime minister Abdiweli Mohamed Ali as president Somalia's semi-autonomous region of Puntland on Wednesday, backing his campaign against corruption and insecurity in the relatively peaceful Somali region.
At the tip of the Horn of Africa and with a third of Somalia's population of about 10 million, Puntland spans the north of Somalia and has largely
Tuesday, January 7, 2014
Tiger Woods with $1.3 billion in earnings set to launch 2014 campaign at Torrey Pines
Tiger Woods at the 18th hole – during the Presidents Cup golf tournament, October 6, 2013. PHOTO/Darron Cummings/AP
World number 1., Tiger Woods has pushed past US$1.3 billion in career earnings, according to a report published in the February issue of Golf Digest.
According to the report, 88 percent of the money Woods has earned since turning pro in 1996 (US$1.16 billion) has come from endorsements.
Woods made US$71 million in off-the-course earnings to go with his US$12
World number 1., Tiger Woods has pushed past US$1.3 billion in career earnings, according to a report published in the February issue of Golf Digest.
According to the report, 88 percent of the money Woods has earned since turning pro in 1996 (US$1.16 billion) has come from endorsements.
Woods made US$71 million in off-the-course earnings to go with his US$12
In a sign of bi-partisan cooperation U.S. Speaker Boehner looking at 'limited' immigration reform
In a sign of bi-partisan co-operation, the Republican Speaker of the US House of Representatives, John Boehner, has signaled his intention to embrace a series of limited changes to the US immigration laws.
Aides to Boehner say he is committed to “step by step” moves to revise the immigration laws.
In giving immigration advocates new hope for 2014, the House Speaker has hired Rebecca Tallent, a longtime immigration adviser to Senator John McCain, the Arizona Republican who has
Aides to Boehner say he is committed to “step by step” moves to revise the immigration laws.
In giving immigration advocates new hope for 2014, the House Speaker has hired Rebecca Tallent, a longtime immigration adviser to Senator John McCain, the Arizona Republican who has
Barbados: Stuart administration reveals that economic adjustments will not be easy
The Freundel Stuart administration in Barbados, has urged citizens to “band together” as it seeks to implement a raft of policies, including job cuts and a reduction in public expenditure in a bid to reviving an ailing economy.
The island-nations' Finance and Economic Affairs Minister Chris Sinckler told a news conference that the adjustment process was never ever going to be easy and the administration does not pretend that it was going to be a “painless process”.
But he
The island-nations' Finance and Economic Affairs Minister Chris Sinckler told a news conference that the adjustment process was never ever going to be easy and the administration does not pretend that it was going to be a “painless process”.
But he
South Sudan rivals commence peace talks in Ethiopia
South Sudanese rivals started peace talks on Tuesday in a bid to end the conflict that has left the world's newest state on the brink of civil war.
The talks in neighboring Ethiopia will focus on brokering a ceasefire to halt 3 weeks of skirmishes that have left several people dead and driven more from their homes.
"We have begun our meeting on the cessation of hostilities," a member of the government delegation told reporters. After opening, the talks quickly took a break to allow
The talks in neighboring Ethiopia will focus on brokering a ceasefire to halt 3 weeks of skirmishes that have left several people dead and driven more from their homes.
"We have begun our meeting on the cessation of hostilities," a member of the government delegation told reporters. After opening, the talks quickly took a break to allow
Monday, January 6, 2014
Purchase Black in 2014
As the holiday shopping season comes to a close, PurchaseBlack.com wants shoppers to continue to support the African American business community and buy black in the New Year.
"After the gifts are given away, you are still going to have birthdays, need school clothes, hair conditioner, shaving products, and lots of other things throughout the year. Those things are available on our website because we want you to support African American businesses all year long," says founder Brian
"After the gifts are given away, you are still going to have birthdays, need school clothes, hair conditioner, shaving products, and lots of other things throughout the year. Those things are available on our website because we want you to support African American businesses all year long," says founder Brian
Grenada steps up - launches relief efforts for Dominica, St Lucia and St Vincent
The National Disaster Management Agency of Grenada has begun efforts to provide relief for St Vincent, St Lucia and Dominica, which suffered from serious storms over the Christmas holiday.
The agency has activated a bank account for donations and is readying a 40-foot container of goods for shipment to St Vincent. The shipment is slated for January 13.
Grenada said the government of Trinidad & Tobago would be providing transportation for the relief materials.
Grenada has also
The agency has activated a bank account for donations and is readying a 40-foot container of goods for shipment to St Vincent. The shipment is slated for January 13.
Grenada said the government of Trinidad & Tobago would be providing transportation for the relief materials.
Grenada has also
Nigerian financial markets post healthy gains, but local investors still wary
Traders on the floor of the Nigerian Stock exchange. PHOTO/File
Nigeria's financial markets posted healthy gains in 2013 but 5 years on from the global financial meltdown, local investors are still wary of sinking their money into stocks.
The market capitalization of the nearly 200 listed companies on the Nigeria Stock Exchange (NSE) rose by 41 percent in the 12 months to December 31 to around 13 trillion naira (US$58 billion).
The All-Share Index on west Africa's leading bourse
Nigeria's financial markets posted healthy gains in 2013 but 5 years on from the global financial meltdown, local investors are still wary of sinking their money into stocks.
The market capitalization of the nearly 200 listed companies on the Nigeria Stock Exchange (NSE) rose by 41 percent in the 12 months to December 31 to around 13 trillion naira (US$58 billion).
The All-Share Index on west Africa's leading bourse
Obama hoping for bi-partisan co-operation on Capitol Hill in 2014
U.S. President Barack Obama. PHOTO/File
U.S. President Barack Obama gets back to work this week eager to test whether a modest budget deal passed in the waning days of 2013 can spark bipartisan momentum on Capitol Hill. As he opens his sixth year in office, he also faces legacy-defining decisions on the future of government surveillance programs and the American-led war in Afghanistan.
Looming over it all will be the November congressional elections, Obama's last chance to stock
U.S. President Barack Obama gets back to work this week eager to test whether a modest budget deal passed in the waning days of 2013 can spark bipartisan momentum on Capitol Hill. As he opens his sixth year in office, he also faces legacy-defining decisions on the future of government surveillance programs and the American-led war in Afghanistan.
Looming over it all will be the November congressional elections, Obama's last chance to stock
Haiti Prime Minister Lamothe to lead commission for talks between Haiti and Dominican Republic
Haiti Prime Minister Laurent Lamothe will lead a 5-member commission for high-level talks with the Dominican Republic that begin Tuesday.
According to the government, the commission also includes, Foreign minister Pierre Richard Casimir, Commerce minister Wilson Laleau, Interior minister David Bazile and advisor Nesmy Manigat. The 2 countries are set to begin high-level talks in the Haitian city of Ouanaminthe.
In a statement, the Haitian National Palace said the commission's goal is
According to the government, the commission also includes, Foreign minister Pierre Richard Casimir, Commerce minister Wilson Laleau, Interior minister David Bazile and advisor Nesmy Manigat. The 2 countries are set to begin high-level talks in the Haitian city of Ouanaminthe.
In a statement, the Haitian National Palace said the commission's goal is
African migrants in Israel protest at embassies against detention
African migrants hold a sign during a protest in Tel Aviv January 5, 2014. PHOTO/Reuters
(Reuters) - Several thousand African migrants protested outside Western embassies in Tel Aviv on Monday, demanding freedom for compatriots jailed by Israel in a desert facility under a new open-ended detention law.
"No more prison," chanted the crowd that packed a Mediterranean beachfront promenade across from the U.S. embassy.
Protesters also marched to the French, Italian, British, Canadian
(Reuters) - Several thousand African migrants protested outside Western embassies in Tel Aviv on Monday, demanding freedom for compatriots jailed by Israel in a desert facility under a new open-ended detention law.
"No more prison," chanted the crowd that packed a Mediterranean beachfront promenade across from the U.S. embassy.
Protesters also marched to the French, Italian, British, Canadian
Sunday, January 5, 2014
Serena Williams beats Victoria Azarenka to win Brisbane International
Serena Williams with the Brisbane International trophy after defeating Victoria Azarenka 6-4, 7-5., January 4, 2013. PHOTO/Reuters
World number one Serena Williams on Saturday defeated Victoria Azarenka 6-4, 7-5 to win the Brisbane International.
Williams' victory sends out a message to her competition - that she is capable of possibly backing up a remarkable 2013 in which she won 2 grand slams and a career-best 11 titles.
The win in Brisbane gives Williams a 58th career title, and
World number one Serena Williams on Saturday defeated Victoria Azarenka 6-4, 7-5 to win the Brisbane International.
Williams' victory sends out a message to her competition - that she is capable of possibly backing up a remarkable 2013 in which she won 2 grand slams and a career-best 11 titles.
The win in Brisbane gives Williams a 58th career title, and
Eusebio - The Soccer legend dies at 71
A younger Eusebio in action while playing for his club Benefica. PHOTO/File
(Reuters) - Portuguese great Eusebio, top scorer at the 1966 Soccer World Cup, died on Sunday from a heart attack at the age of 71 with the small Iberian nation mourning him as an "eternal symbol" of their soccer pride.
The death of the charismatic striker, who was idolized throughout the Portuguese-speaking world and considered one of the game's greatest players was confirmed by former club Benfica and the
(Reuters) - Portuguese great Eusebio, top scorer at the 1966 Soccer World Cup, died on Sunday from a heart attack at the age of 71 with the small Iberian nation mourning him as an "eternal symbol" of their soccer pride.
The death of the charismatic striker, who was idolized throughout the Portuguese-speaking world and considered one of the game's greatest players was confirmed by former club Benfica and the
Senegal seizes Russian trawler for illegally fishing in its waters
(Reuters) - Senegal has seized a Russian trawler fishing illegally in its waters, the fisheries minister said on Sunday, as it seeks to curb heavy losses from fish poaching.
The trawler, the Oleg Naydenov, was captured on Saturday near the maritime border with Guinea-Bissau with 50 crew onboard, most of them from Russia or Guinea-Bissau, Fisheries Minister Haidar El Ali said.
Illegal fishing, mostly by trawlers from the former Soviet bloc, costs Senegal US$250 million a year,
The trawler, the Oleg Naydenov, was captured on Saturday near the maritime border with Guinea-Bissau with 50 crew onboard, most of them from Russia or Guinea-Bissau, Fisheries Minister Haidar El Ali said.
Illegal fishing, mostly by trawlers from the former Soviet bloc, costs Senegal US$250 million a year,
Friday, January 3, 2014
Haiti AIDS research clinic named recipient of WHO's Kochon Prize
A world-renowned clinic in Haiti that has become a leader in global health while leading the fight against HIV/AIDS has won a top global health prize.
The Haitian Group for the Study of Kaposi’s Sarcoma and Opportunistic Infections (GHESKIO) has been named a recipient of the 2013 World Health Organization’s (WHO) Stop TB Partnership Kochon Prize in Tuberculosis (TB).
Clinic founder Jean William Pape was informed of the honor in a December 20 letter from Partnership Executive
The Haitian Group for the Study of Kaposi’s Sarcoma and Opportunistic Infections (GHESKIO) has been named a recipient of the 2013 World Health Organization’s (WHO) Stop TB Partnership Kochon Prize in Tuberculosis (TB).
Clinic founder Jean William Pape was informed of the honor in a December 20 letter from Partnership Executive
Variant of 'Marshall Plan' can reduce unemployment in Africa
By Tony Elumelu
(Reuters) - To Africa's many challenges, add one more: unemployment.
Unemployment, independent of any other factor, threatens to derail the economic promise that Africa deserves. It is a time bomb with no geographical boundaries: Economists expect Africa to create 54 million new jobs by 2020, but 122 million Africans will enter the labor force during that time frame. Adding to this shortfall are tens of millions currently unemployed or underemployed, making the human
(Reuters) - To Africa's many challenges, add one more: unemployment.
Unemployment, independent of any other factor, threatens to derail the economic promise that Africa deserves. It is a time bomb with no geographical boundaries: Economists expect Africa to create 54 million new jobs by 2020, but 122 million Africans will enter the labor force during that time frame. Adding to this shortfall are tens of millions currently unemployed or underemployed, making the human
Toni Nathaniel Harp sworn in as first female Mayor of New Haven
Toni Nathaniel Harp (r), was sworn in as New Haven's first female mayor as her daughter Djana (l), holds onto the bible while her son Matthew (c), looks on. PHOTO/John Woike/Hartford Courant
Toni Nathaniel Harp was sworn as the 50th and first female mayor of New Haven, CT., on Wednesday.
It was standing-room only for a crowd that packed the auditorium and spilled over into a separate room at Career High School, a facility designed by her late husband, Wendell Harp.
Mayor Harp,
Toni Nathaniel Harp was sworn as the 50th and first female mayor of New Haven, CT., on Wednesday.
It was standing-room only for a crowd that packed the auditorium and spilled over into a separate room at Career High School, a facility designed by her late husband, Wendell Harp.
Mayor Harp,
Jamaica launches one-stop business registration - to stimulate economy
(Xinhua) - Entrepreneurs in Jamaica will no longer need to visit multiple agencies to incorporate a company or register a business name, as the government officially begins to provide one-stop registration service on Thursday.
Under the new system, those incorporating companies or registering business names will make a single application for their Taxpayer Registration Numbers, General Consumption Tax, National Insurance Scheme, to register with the National Housing Trust, and complete
Under the new system, those incorporating companies or registering business names will make a single application for their Taxpayer Registration Numbers, General Consumption Tax, National Insurance Scheme, to register with the National Housing Trust, and complete
Madagascar: Hery Rajaonarimampianina on track to winning presidential election
Hery Rajaonarimampianina. PHOTO/Reuters
With all votes tallied, Hery Rajaonarimampianina has a commanding lead in Madagascar's presidential run-off, although his victory speech will have to wait until a court rules on alleged voting irregularities.
The candidate - who is backed by Madagascar strongman Andry Rajoelina holds 53.5 percent of the vote after an election that is billed as a way out of 5 years of political and economic crisis.
Incumbent president Rajoelina seized power
With all votes tallied, Hery Rajaonarimampianina has a commanding lead in Madagascar's presidential run-off, although his victory speech will have to wait until a court rules on alleged voting irregularities.
The candidate - who is backed by Madagascar strongman Andry Rajoelina holds 53.5 percent of the vote after an election that is billed as a way out of 5 years of political and economic crisis.
Incumbent president Rajoelina seized power
Thursday, January 2, 2014
Black Enterprise Women of Power Summit 2014 slated for Feb 26 - March 1 in Boca Raton, Florida
(PRNewsire) - BLACK ENTERPRISE (BE) will present its highest recognition of women's achievement when it presents the Legacy Awards at the 2014 Women of Power Summit on February 26, 2014 in Boca Raton, Florida. The Women of Power Summit is the No. 1 executive development and leadership conference for women of color in the United States, annually attracting more than 700 corporate executives, professionals and businesswomen from across the country. The Women of Power Summit, hosted by State
Aliko Dangote signs up for Twitter account
Aliko Dangote, Founder, President and Chief Executive of the Dangote Group speaks during the final session of the World Economic Forum on Africa meeting in Cape Town June 6, 2008. PHOTO/Mike Hutchings/Reuters
Billionaire entrepreneur, philanthropist and richest black man in the workd Aliko Dangote, has signed onto Twitter, using @AlikoDangote as his handle.
Dangote's Twitter account was verified, and in less that 24 hours, he had more than 16,000 followers, and growing.
Dangote
Billionaire entrepreneur, philanthropist and richest black man in the workd Aliko Dangote, has signed onto Twitter, using @AlikoDangote as his handle.
Dangote's Twitter account was verified, and in less that 24 hours, he had more than 16,000 followers, and growing.
Dangote
Digicel Group aquires Caribbean Fiber assets
The Digicel Group says it has reached an agreement with the Guadeloupe-based Loret Group and with Caribbean Fiber Holdings to acquire a submarine cable network across the Caribbean region.
The Loret Group and Caribbean Fiber Holdings are the major shareholders in Global Caribbean Fiber, which is the parent company for Global Caribbean Network (GCN), Middle Caribbean Network (MCN), Southern Caribbean Fiber (SCF), and the Antilles Crossing projects.
As part of the deal, Digicel will
The Loret Group and Caribbean Fiber Holdings are the major shareholders in Global Caribbean Fiber, which is the parent company for Global Caribbean Network (GCN), Middle Caribbean Network (MCN), Southern Caribbean Fiber (SCF), and the Antilles Crossing projects.
As part of the deal, Digicel will
South Sudan: Peace talks begin in bid to step conflict
South Sudan's warring parties have gathered in Ethiopia Thursday for peace talks aimed at ending nearly 3 weeks of a conflict that may escalate into a full blown civil war.
It was not clear if all members of the 2 delegations had arrived. Scores of people are feared to have been killed in the fighting, pitting army units loyal to President Salva Kiir against a loose alliance of militia forces and mutinous army commanders nominally headed by ex-vice president Riek Machar.
The conflict
It was not clear if all members of the 2 delegations had arrived. Scores of people are feared to have been killed in the fighting, pitting army units loyal to President Salva Kiir against a loose alliance of militia forces and mutinous army commanders nominally headed by ex-vice president Riek Machar.
The conflict
Lovie Smith to coach Tampa Bay Buccaneers
Coach Lovie Smith. PHOTO/File
Former Chicago Bears coach Lovie Smith is set to take on the challenge of rebuilding the Tampa Bay Buccaneers.
Two people familiar with Smith's plans said Wednesday night that the coach has reached an agreement to fill the opening created by the firing of Greg Schiano following a 4-12 finish.
The individuals spoke to The Associated Press on the condition of anonymity because an official announcement had not been made. One of the people also said that
Former Chicago Bears coach Lovie Smith is set to take on the challenge of rebuilding the Tampa Bay Buccaneers.
Two people familiar with Smith's plans said Wednesday night that the coach has reached an agreement to fill the opening created by the firing of Greg Schiano following a 4-12 finish.
The individuals spoke to The Associated Press on the condition of anonymity because an official announcement had not been made. One of the people also said that
Haiti: Martelly urges unity in 2014 in Independence Day address
Haitian President Michel Martelly. PHOTO/File
Haiti's President Michel Martelly urged his fellow citizens to come together to rebuild the poverty-stricken country devastated by an earthquake nearly 4 years ago.
"Haiti is very sick. We need to rebuild this country of ours," Martelly said in a televised address marking Independence Day.
"But this work is not that of a single president or group. It is the job of all of us, together we will get there."
An estimated 250,000 people
Haiti's President Michel Martelly urged his fellow citizens to come together to rebuild the poverty-stricken country devastated by an earthquake nearly 4 years ago.
"Haiti is very sick. We need to rebuild this country of ours," Martelly said in a televised address marking Independence Day.
"But this work is not that of a single president or group. It is the job of all of us, together we will get there."
An estimated 250,000 people
Wednesday, January 1, 2014
Profile: Opeyemi Awoyemi, Ayodeji Adewunmi, and Olalekun Olude the co-founders of Jobberman.com
Opeyemi Awoyemi (l) Ayodeji Adewunmi (c) and Olalekun Olude (r). PHOTO/Olalekan Olude via Facebook
Opeyemi Awoyemi, Ayodeji Adewunmi and Olalekun Olude are the co-founders of Jobberman.com - West Africa's largest jobs search website.
The site was launched in August 2009, at the Obafemi Awolowo University in Ile-Ife, Osun State, Nigeria., where Awoyemi, Adewunmi and Olude were undergraduate students. The trio sustained a friendship which has evolved into a business
Opeyemi Awoyemi, Ayodeji Adewunmi and Olalekun Olude are the co-founders of Jobberman.com - West Africa's largest jobs search website.
The site was launched in August 2009, at the Obafemi Awolowo University in Ile-Ife, Osun State, Nigeria., where Awoyemi, Adewunmi and Olude were undergraduate students. The trio sustained a friendship which has evolved into a business
Olympic medal hopeful Shani Davis shows no sign of slowing down at 31
U.S. sprint skater Shani Davis. PHOTO/Alexei Filippov/AP
Shani Davis will have a shot to make history at the Sochi Winter Olympics after capturing another title in one of his signature events, edging Brian Hansen by a hundredth of a second in the 1,000 meters at the U.S. speedskating trials Sunday.
Davis won gold in that race at the last two Olympics.
No male skater has ever won the same event at 3 straight Winter Games.
"Any time I step out on the ice and I put my hood on, I
Shani Davis will have a shot to make history at the Sochi Winter Olympics after capturing another title in one of his signature events, edging Brian Hansen by a hundredth of a second in the 1,000 meters at the U.S. speedskating trials Sunday.
Davis won gold in that race at the last two Olympics.
No male skater has ever won the same event at 3 straight Winter Games.
"Any time I step out on the ice and I put my hood on, I
Obamacare continues to gain traction as enrollments hit 6 million
Pro-Obamacare demostrators lobbying outside the U.S. Supreme Court. PHOTO/Carolyn Kaster/Associated Press
The Obama administration announced on Tuesday that more than 6 million Americans have obtained health insurance through the new health care law, a major achievement for the president and his team, which has been sharply criticized for a sloppy rollout of “Obamacare” that included a website that barely functioned for weeks.
In the last 3 months, according to the administration,
The Obama administration announced on Tuesday that more than 6 million Americans have obtained health insurance through the new health care law, a major achievement for the president and his team, which has been sharply criticized for a sloppy rollout of “Obamacare” that included a website that barely functioned for weeks.
In the last 3 months, according to the administration,
Jamaica: Limestone industry could potentially earn country billions
A leading Jamaican researcher believes that the country could earn up to US$7 billion annually by increasing the production of limestone and its value added products.
Dr. Conrad Douglas, while addressing a recent stakeholder event, revealed that Jamaica's limestone industry offers vast opportunities for investors in agriculture, food processing, and manufacturing.
"There are great opportunities - what we found were really large. We are talking about total cumulative value for the
Dr. Conrad Douglas, while addressing a recent stakeholder event, revealed that Jamaica's limestone industry offers vast opportunities for investors in agriculture, food processing, and manufacturing.
"There are great opportunities - what we found were really large. We are talking about total cumulative value for the
South Sudan: Warring parties head to Ethiopia for peace talks
South Sudan President Salva Kiir declared a state of emergency in two states on Wednesday as his negotiators prepared for peace talks with rebels to end more than 2 weeks of fighting that has pushed the country towards civil war.
Kiir called the emergency in Unity and Jonglei states, the 2 regions whose capitals are now controlled by forces loyal to former Vice President Riek Machar, who has been accused of plotting a coup.
Both sides are under mounting pressure from regional powers
Kiir called the emergency in Unity and Jonglei states, the 2 regions whose capitals are now controlled by forces loyal to former Vice President Riek Machar, who has been accused of plotting a coup.
Both sides are under mounting pressure from regional powers
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