Barclays PLC sells 33.9% more shareholdings in Barclays Africa London based Barclays PLC on June 01 shed 33.7% more shareholdings in Barclays Africa Group to equity investors at South African Rand R37.7bn, further reducing its stake in the latter company. The lender sold 285.7million Barclays Africa ordinary shares reducing its …
Read More »Barclays PLC announces intention to sell shares in Barclays Africa
Barclays PLC has announced its intention to sell 187 million ordinary shares in Barclays Africa Group, which represents approximately 22% of Barclays Africa’s issued share capital. This follows receipt of the required regulatory approvals, including approval from the South African Minister of Finance, for Barclays PLC to reduce its shareholding …
Read More »Museveni briefs Nigerian army on national security
‘Patriotism encourages national transformation’ – President Museveni tells Nigerian soldiers Entebbe, Uganda| PPU| President Yoweri Museveni has told a delegation of Army Officers from the Nigerian Defence Force College that to achieve national security, African countries must root for and embrace patriotism and pan-Africanism so that African societies are …
Read More »Nigeria: Coup rumours reflect rising distrust in Buhari’s absence
Lagos, Nigeria| AFRICAN ARGUMENTS| Last week, Nigeria’s Chief of Army Staff, Tukur Buratai, issued a stern warning to soldiers to stay out of politics, raising alarm of a potential coup plot. His statement claimed that individuals had been approaching army officers for political reasons, and cautioned: “Any officer or soldier …
Read More »Trump commits $300 million to fight Africa famine
Vatican City, Holy See | AFP | US President Donald Trump told Pope Francis on Wednesday he was committing more than $300 million (270 million euros) to help prevent or tackle famine in Yemen and several countries in Africa. Trump, meeting the pontiff for the first time, said he …
Read More »Congo Come Back! Why we’re building a new political movement in DRC
Kinshasa, DRC | AFRICAN ARGUMENTS| History tells us that summer months are often eventful in Congolese politics. It was on 30 June 1960 that the country gained independence from Belgium. On that day, Belgium’s King Baudouin declared: “the Congo constitutes the culmination of the work conceived by the genius of …
Read More »Zuma opens Travel Indaba 2017, urges Africa to live up to potential
South Africa President Jacob Zuma has said that last year’s 8% increase in international tourist arrivals in Africa indicates the immense potential for further growth in the continent’s tourism sector. “Africa enjoyed an eight percent increase in international tourist arrivals to reach 58 million arrivals. This means that Africa is …
Read More »Donor dependence stifling peace efforts in Africa, PAP MPs told
MIDRAND, SOUTH AFRICA: The Chairman of the Peace and Security Council of the African Union, Amb. Mull Katende, has said heavy reliance on donor funding was affecting peace efforts on the continent. “Our major challenge is donor dependence, and this defeats the whole idea of African solutions to African problems,” …
Read More »Pan African Parliament MPs call for review of SDGs
MIDRAND, SOUTH AFRICA: The Sustainable Development Goals (SDGs) that were rolled out by the UN are not well tuned to Africa’s development challenges, MPs of the Pan African Parliament have said. The United Nations General Assembly adopted in September 2015 a set of goals to end poverty, protect the planet, and ensure …
Read More »KCCA FC ready for tough Morocco challenge
Saturday FUS Rabat vs KCCA Kampala, Uganda| KCCAFC MEDIA| Suspended from Kampala Capital City Authority Football Club’s opening game of the 2017 CAF Confederation Cup Group Stages tie against FUS Rabat, skipper Dennis Okot has a message for his teammates. Okot wants to see KCCA FC players play their hearts …
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