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Zimbabweans Poorest, Survey Finds, But Who’s the Wealthiest?

Zimbabweans Poorest, Survey Finds, But Who’s the Wealthiest?

NAMIBIANS are the third wealthiest people in Africa, according to an April 2017 report by Mauritius’ AfrAsia Bank and Johannesburg-based market research firm New World Wealth. According to the report, the average wealth of a person living in Namibia (wealth per capita) was US$10 800 (about N$142 500) in 2016, up from US$10 200 (about […]

Five African cities remain in the top 100 rankings in regards to quality of living: Durban, Cape Town and Johannesburg

Five African cities remain in the top 100 rankings in regards to quality of living: Durban, Cape Town and Johannesburg

Despite increased political and financial volatility in South Africa, its cities fell within the top 100 of the world’s highest quality of living and remain attractive destinations for expanding business operations and sending expatriates on assignment, according to Mercer’s 19th annual Quality of Living survey. Durban (87) ranked the highest for quality of living within […]

Aiteo emerges Nigeria’s leading oil & gas company with record 90kpod output in 1 year

Integrated energy group Aiteo has announced a peak production of 90kpod just one year after its acquisition of sub-Sharan Africa’s reputedly largest onshore oil bloc OML 29. Aiteo acquired OML 29 in September, 2015 when oil major Shell Petroleum Development Company (SPDC) fully exited the facility. At the time of the divestment, average production was […]

Cost of Living Survey: Luanda 2nd, Johannesburg 205th, Shanghai (7)

Cost of Living Survey: Luanda 2nd, Johannesburg 205th, Shanghai (7)

Despite volatile global markets and growing security issues, organizations continue to leverage global expansion strategies to remain competitive and to grow. Yet, few organizations are prepared for the challenges world events have on their business, including the impact on cost of expatriate packages. Mercer’s 22nd annual Cost of Living Survey finds that factors including currency […]

Eritrea Responds to ‘One-Sided’ UN Report

Eritrea Responds to ‘One-Sided’ UN Report

Preliminary Response of the Government of Eritrea to the Report of the Commission of Enquiry A three-person panel, called the “Commission of Inquiry” (COI), is campaigning to take yet another African country, this time Eritrea, to the International Criminal Court. The COI claims that it “has reasonable grounds to believe that crimes against humanity have […]

New Zealand man hired as an unpaid intern by the UN in Geneva has been forced to live in a tent

New Zealand man hired as an unpaid intern by the UN in Geneva has been forced to live in a tent

A 22-year-old New Zealand man hired as an unpaid intern by the United Nations in Geneva has been forced to live in a tent because he cannot afford the high cost of accommodation in the Swiss city. David Hyde has been sleeping on a patch of ground overlooking Lake Geneva not far from the the […]

Geneva Show to Boost Global Appetite for African Fashion

Geneva Show to Boost Global Appetite for African Fashion

Africa’s indigenous creativity in fashion goods and services is something to be discovered and promoted at this year’s Africa Fashion Show Geneva (AFSG). The annual event promotes, showcases and celebrates the richness and diversity of Africa’s cultural heritage driven by the fashion industry and its talents. The creative textile and clothing industry is a multi-billion […]

Presidents to meet on sea border dispute

Presidents to meet on sea border dispute

The presidents of Ivory Coast and Ghana will meet Sunday in Geneva to discuss a maritime border dispute that may shift ownership of an oil-rich region. Former United Nations Secretary-General Kofi Annan will lead the talks between Ivory Coast’s Alassane Ouattara and Ghana’s John Dramani Mahama at his foundation’s headquarters, Ouattara’s office said today in […]

EU, UN call for ‘urgent’ probe of Congo mass grave

EU, UN call for ‘urgent’ probe of Congo mass grave

KINSHASA – The European Union and United Nations called Friday for an urgent probe into a mass grave discovered in the Democratic Republic of Congo’s capital Kinshasa, which local authorities say contained hundreds of dead babies and foetuses. At least 421 bodies were buried in the grave in Maluku district in March, including about 300 […]

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