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Archive for ‘March, 2010’

FATHER’S SEARCH FOR MISSING SON LANDS INDIAN POLICE IN GRAVE SPOT

By P. Vijian NEW DELHI, March 31 (NNN-BERNAMA) — A grieving father’s endless search for the body of his murdered son has put the Rajasthan police force in a grave situation. Jeweller Rajkumar Soni’s mission uncovered a macabre racket whereby the long arm of the law allegedly sold unidentified dead bodies to several medical colleges .

MOROCCO’S CENTRAL BANK KEEPS KEY INTEREST RATE UNCHANGED AT 3.25 PCT

RABAT, March 31 (NNN-MAP) — Morocco’s central bank, Bank al- Maghrib, has decided to maintain its key interest rate at 3.25 per cent and reduce the required reserve ratio by 2.0 percentage points to 6.0 per cent with effect from April 1, 2010. These measures were made Tuesday in what the central bank described as .

KENYA SIGNS AGREEMENT WITH AfDB FOR 63.8 BILLION SHILLING LOAN

NAIROBI, March 31 (NNN-KNA) — The Africa Development Bank (AfDB) has signed an agreement to provide the Kenyan government a loan amounting to 63.8 billion shillings (about 825 million USD) to support various projects in the country. A sum of 56.8 billion shillings (one USD = about 77.3 shillings) will cater for 19 ongoing projects .

MOZAMBICAN GOVT LAUNCHES NATIONAL RURAL WATER, SANITATION PROGRAMME

MAPUTO, March 31 (NNN-AIM) — The Mozambican government has launched its National Rural Water and Sanitation Programme (PRONASUR), intended to ensure that Mozambique can comply with the water-related targets of the Millennium Development Goals (MDGs). This MDG target is to reduce by half, between 1990 and 2015, the percentage of the population without permanent access .

GUINEA-BISSAU WITHDRAWS RECOGNITION OF SADR

RABAT, March 31 (NNN-MAP) — The Republic of Guinea-Bissau has decided to withdraw its recognition of the Sahrawi Arab Democratic Republic (SADR), which claims sovereignty over the entire territory of Western Sahara, a former Spanish colony which was ceded to Morocco under the 1975 Madrid Accords. The announcement on de-recognition was made here Tuesday by .

AfDB PRESIDENT’S OFFICIAL VISIT TO JAPAN

TUNIS, March 31 (NNN-AfDB) — The African Development Bank President, Donald Kaberuka, will, be on a five-day official visit to Japan from April 2. His visit will take him to Osaka and Tokyo. While in Tokyo, he will meet with several senior government officials, as Deputy Prime Minister/Finance Minister, Ministers of Trade, Economy and Industry .

MOZAMBIQUE’S DISPUTE WITH DONORS OVER, MINISTER CONFIRMS

MAPUTO, March 31 (NNN-AIM) — Mozambique’s Minister of Planning and Development, Aiuba Cuereneia, has confirmed that the dispute between the government and those donors which provide direct support to the state budget has been resolved. These 19 donors and funding agencies, known as the Programme Aid Partners (PAPs) or simply as the G-19, in May .

ECA: ILLICIT FINANCIAL FLOWS “RUINING AFRICAN DEVELOPMENT”

LILONGWE (MALAWI), March 31 (NNN-AFROLNEWS) — Leading African finance and development experts have called for strict monitoring and regulation of illicit financial flows into the continent. Illicit funds had a “devastating impact” on Africa’s development prospects, they hold. Gathered in Lilongwe, Malawi, the meeting of experts tackled financial integrity issues and the e-economy regulatory models .

OBAMA VOICES SUPPORT FOR REFORM MOVES OF NIGERIA’S ACTING PRESIDENT

WASHINGTON, March 31 (NNN-NAN) — United States President Barrack Obama says he is in support of the ongoing reforms by Acting Nigerian President Goodluck Jonathan to strengthen democracy, improve the economy and restore peace and security in the country. Obama expressed his support in Washington D.C. Monday when he received the letters of credence of .

CARTER CENTER OF THE US PLEDGES NO POLITICAL WORK, ONLY MONITOR POLLS IN SUDAN

KHARTOUM, March 31 (NNN-SUNA) — The Carter Center, set up former United States president Jimmy Carter, has affirmed its commitment to carry out its monitoring role over the election process in Sudan beginning next week and to refrain from media work and expressing remarks and not to interfere or to speculate who would win till .


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