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Entries posted by News Desk
Lafarge to merge South Africa, Nigeria units in $1.35 billion deal

104 ViewsFrench cement maker Lafarge (LAFP.PA) will combine its South Africa business with publicly traded Nigerian unit Lafarge Wapco (WAPCO.LG), listing its Africa interests together on the Lagos bourse, its country chief executive officer said on Tuesday. Guillaume Roux said the deal, worth $1.35 billion, will see the Lafarge group get $200 million in cash […]

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Glencore to cut 124 jobs at Namibia zinc and lead mine

103 ViewsGlobal mining and commodity trading company Glencore (GLEN.L) said it was cutting 124 jobs, or about 20 percent of the staff, at its Rosh Pinah zinc and lead mine in Namibia to control costs. Glencore bought an 80.1 percent stake in Rosh Pinah zinc and lead mine, in southwestern Namibia, 800 kilometers south of […]

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100 ViewsGuinea-Bissau’s former navy chief, captured in a high-profile drug sting on the West African coast, has secretly pleaded guilty ahead of a trial on charges he conspired to import narcotics into the United States, court sources said on Tuesday. The trial of Jose Americo Bubo Na Tchuto, 64, had been scheduled to begin on […]

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In the news today: Your say

150 Views IF BIN LADEN WAS THE GUY TO HATE! THEN BIN HAMMAM IS THE GUY TO LOVE!!! How many likes for Mohamad Bin Hammam?

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Scientists have discovered a planet they thought was impossible

102 ViewsThe “Godzilla of Earths!” is in the foreground. Behind it is the smaller ‘lava world’. Their sun, in the back, appears to have been created only 3 billion years after the Big Bang. Based on what we know about how solar systems form, researchers thought that a giant rocky planet could not exist. But […]

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Rise and Fall of Idi Amin actor, Olita dead

186 ViewsFamed Kenyan actor Olita dies. Joseph Olita the star actor in the epic 1981 film¬†Rise And Fall of Idi Amin, has died in Siaya. He is said to have died at his home today on Monday 2nd June 2014. Olita a Kenyan actor who portrayed Idi Amin in the films Rise and Fall of […]

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Nigeria implicated in fresh match-fixing scandal

209 ViewsNigerian officials may face prolonged ban if found guilty of match fixing. Nigeria has been implicated in yet another football match-fixing scandal, with the revelation that the friendly match between the Super Eagles and North Korea on the eve of the 2010 World Cup in South Africa was doctored. The allegation, published by the […]

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Pele’s son Edinho sentenced to 33 years in jail

131 ViewsEdinho, the son of Brazil football legend Pele, has been sentenced to 33 years in prison. The 43-year-old, a retired footballer himself, will serve the sentence for laundering money raised for drug trafficking, the BBC has reported. Edinho was first arrested back in 2005 and has served a sentence for drug trafficking offences, in […]

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Singer Chris Brown released from Jail

141 ViewsGrammy award singer Chris Brown, who had been in custody since mid-March 2014, was released early Monday June 2nd, from Los Angeles County jail, authorities said. Last month the R&B singer was ordered to remain in jail after admitting violations he made during his probation by getting into an altercation outside a hotel in […]

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Bombing at Nigerian soccer match kills at least 40

145 ViewsKano – A bomb attack targeting fans at a football match in Nigeria’s restive northeast killed at least 40 people on Sunday, a police officer told AFP. “There has been a bomb explosion at a football field this evening and so far more than 40 people have been killed,” said the officer who requested […]

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