Africa
Ugandan presidential candidate Bobi Wine says military raided his home
Ugandan opposition presidential candidate Bobi Wine said soldiers raided his home on Tuesday and arrested his security guards, two days before an election. “The army has this morning raided my home, arrested all my security guards and anyone they could see around my premises,” Wine, who is the opposition frontrunner, said on Twitter. “No reason for the arrest was given,” he said. Spokesmen for the military and the police did not respond to phone calls seeking comment. Ugandans vote on Thursday in elections pitting long-time leader Yoweri Museveni against 10 candidates including Wine, a singer-turned-lawmaker whose star power has rattled the ruling party. Wine also said in a separate post on Twitter that soldiers raided the home of one of his aides overnight and took the man to an unknown d...
Uganda election: Will Bobi Wine derail Yoweri Museveni’s sixth term bid?
As millions of Ugandans prepare to pick the country’s president this week, the stakes could not be higher. The run-up to Thursday’s vote has been marred by restrictions on campaigning, arrests of opposition figures and deadly violence. At least 54 people were killed in November as security forces put down protests by opposition supporters. Longtime President Yoweri Museveni, 76, is facing a strong challenge from popular musician-turned-politician Bobi Wine in his bid to secure a sixth, five-year term in office. Bobi Wine, whose real name is Robert Kyagulanyi Ssentamu, was just four years old when Museveni, a former rebel leader, came to power in 1986. In 2005, Uganda’s ruling-party-dominated parliament removed presidential term limits. And in 2017, lawmakers scrapped the age limit of 75 fo...
World’s most powerful passports 2021
Japan is the world’s most powerful passport for the third year running. We take a look at what else topped the list It feels a little masochistic to look at the world’s most powerful passports after a year of recurring lockdowns. However, as we’ve said before, we remain hopeful about the future of travel. We believe that exploration is a human instinct and that as soon as it is safe, people will return to the road. With this in mind, we take a look at the newly released ranking of the world’s most powerful passports, compiled by Henley Passport Index. With historical data spanning 16 years, the index ranks passports according to the number of destinations their holders can access without a prior visa. What are the world’s most powerful passports? Japan is the world’s most powerful passport...
2021: Banks to walk a tightrope amid low revenue environment
Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business. Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles. Their valuable customers such as high net-worth individuals, corporate bodies and other institutions are equally challenged. In his book, Business Stripped Bare, celebrated iconic entrepreneur and founder of the Virgin Group, Richard Branson, says, “without trustworthy banks, there can be no business, no employment, no money. According to Branson, “People have got to be able to go to bed at night secure in the knowledge that the money they depo...
AfDB grants $11.26 million for women, girls’ education in Chad
The Board of Directors of the African Development Bank has approved a grant of $11.26 million to the Government of Chad to finance the Girls’ Education and Women’s Literacy Project – the bank’s first grant exclusively targeting women and girls. The project will be financed from the Bank’s Transition Support Facility and will be implemented over a five-year period by the Chadian Ministry of National Education and Civic Promotion, in coordination with partners involved in the education sector, civil society organisations, and youth organisations. The Chadian government will contribute a non-monetary contribution of $713,000 towards the program. “Through this financing, the African Development Bank is providing support to the Chadian government to reduce inequalities through access to educati...
‘Christmas village’ boost Akwa Ibom economy with N1 billionn revenue – official
Mr. Orman Esin, the Akwa Ibom Commissioner for Culture and Tourism, has said the ‘Christmas Village’ generated more than N1 billion to the state economy since Dec. 1, 2020. Esin announced this to newsmen in Uyo on Friday. He said that the opening of the village had brought some life back to holidaymakers and citizens of the state. “The Christmas village has created value of more than N1 billion since it was opened on Dec. 1, 2020,’’ he said. “More than 600 vendors attract thousands of visitors every evening, adding that the Christmas village became a must-visit place in Nigeria every December. “With the ravaging Covid19 pandemic and subsequent lockdown, the 2020 Christmas season looked bleak. “Annual events were cancelled all over the world including the record-setting annual 999 events in...
DR Congo frees 26 prisoners for Laurent Kabila’s assassination
Jubilation at the Makala prison in Kinshasa Friday as Congolese president Felix Tshisekedi pardoned at least 26 men, who were convicted for planning the assassination of ex-president Laurent Kabila in 2001. They include Colonel Eddy Kapend, a prominent figure, Nono Lutula, a former special advisor on security and Leta Mangasa, and a former head of the National Intelligence Agency. Tshisekedi freed the men through a presidential decree read on state television over the weekend. He said the pardon was out of “humanity, compassion and national reconciliation”. The ex-Congolese president, Laurent Kabila was assassinated at the presidential palace in Kinshasa on January 16, 2001. Despite a long probe into his murder, the exact circumstances of Kabila’s assassination is still in contention. Seve...
Ghana army steps in to quell parliament clash ahead of swearing-in
Ghanaian soldiers intervened overnight to quell a clash between opposing parties in parliament ahead of the body’s swearing-in set for Thursday. Chaotic scenes erupted after a ruling party deputy tried to seize the ballot box during the vote for parliament speaker. The ensuing clash lasted several hours until the army stepped in, with national television broadcasting the drama live. “There was total breakdown of law and order,” said MP-elect Kwame Twumasi Ampofo of the opposition National Democratic Congress. “Looking at a member of parliament and a minister of state snatching ballot papers… was so shameful.” The new parliament will be virtually split down the middle between the two main parties, posing the risk of gridlock with key issues on the agenda including how to turn around an econ...
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...
Victor Osimhen faces Napoli sanctions for breaching coronavirus rules in Nigeria
Napoli coach Gennaro Gattuso said Sunday he felt foolish for giving Nigerian striker Victor Osimhen permission to travel home for Christmas with the forward testing positive for coronavirus on his return. Osimhen faces club sanctions after images of him partying without wearing a mask were shared on social media. But Gattuso said he also felt embarrassed for giving the 22-year-old permission to return to Africa. “The responsibility of sending him to Nigeria was also mine. It’s embarrassing for the two of us,” Gattuso said after Sunday’s 4-1 Serie A win over Cagliari. Osimhen apologised earlier on Sunday. “I am sorry for what happened. I made a mistake going to Nigeria right now,” the forward said in an Instagram post. “I made a mistake going to a surprise party without understanding the gr...
Egypt to probe four coronavirus deaths due to alleged lack of oxygen
Egyptian prosecutors opened an investigation into the deaths on Sunday of at least four coronavirus patients at a public Egyptian hospital, after a video of nurses struggling to keep the patients alive was shared widely on social media. The governor of Sharqia province denied allegations by a relative of one of the patients that the deaths were caused by a lack of oxygen at the government-run intensive care unit treating COVID-19 patients. Governor Mamdouh Ghorab said the patients died because they suffered chronic diseases in addition to the virus. The relative, who also filmed the video, offered no immediate evidence to back up their claim that the hospital ran out of oxygen. Egypt, the Arab world’s most populous country with more than 100 million people, is facing a surge in confirmed v...
Egypt to probe four coronavirus deaths due to alleged lack of oxygen
Egyptian prosecutors opened an investigation into the deaths on Sunday of at least four coronavirus patients at a public Egyptian hospital, after a video of nurses struggling to keep the patients alive was shared widely on social media. The governor of Sharqia province denied allegations by a relative of one of the patients that the deaths were caused by a lack of oxygen at the government-run intensive care unit treating COVID-19 patients. Governor Mamdouh Ghorab said the patients died because they suffered chronic diseases in addition to the virus. The relative, who also filmed the video, offered no immediate evidence to back up their claim that the hospital ran out of oxygen. Egypt, the Arab world’s most populous country with more than 100 million people, is facing a surge in confirmed v...