President Cyril Ramaphosa brought his branding of a “new dawn” in South Africa to London as he promised to unveil incentives to attract $100 billion in investment.Ramaphosa, 65, has been working to convince investors that he’s committed to reverse years of economic stagnation, policy uncertainty and looting of state funds since succeeding Jacob Zuma as president two months ago. So far he’s fired some ministers and replaced the boards of several troubled state companies.“We will have well-crafted incentives that will attract people,” Ramaphosa said Wednesday in an interview with Bloomberg Television in London, where he’s attending a Commonwealth Summit and met with Prime Minister Theresa May and Queen Elizabeth II. “Some of them may well be tax incentives or general industrial incentives.”Ramaphosa is seeking $100 billion in new investment and this week named four “envoys,” including former Finance Minister Trevor Manuel … [Read more...] about Ramaphosa Touts `New Dawn’ in South Africa to Lure $100 Billion
It appears that the Yahapalanya government is set for a new beginning in the New Year, now that it is cleansed of all the elements that fouled the atmosphere, causing a huge stumbling block for the forward journey of the government. That it is poised to turn a new leaf and chart a fresh course will, no doubt, be welcomed by all those civil society groups and the rest who put their shoulders to the wheel to bring about the January 8 revolution, three years ago. Speaking at a ceremony in Thalapathpitiya, on Thursday, Prime Minister Ranil Wickremesinghe said the SLFP and UNP ministers will put their heads together and come up with a new programme for the government, shortly. He said, two ministerial groups from both the parties held discussions on the way ahead for the government on Wednesday night in the aftermath of the defection of 16 SLFP members. “The SLFP ministers met the President prior to this meeting. We discussed on forging ahead with a new programme. I expect that we … [Read more...] about New dawn after New Year
In American supermarket terms, it's really not much.“Like a miniature Fresh Market, I guess,” Marc Spear said Friday.Spear returned home to Missoula last week after spending three weeks in Les Cayes, Haiti, and overseeing the “soft opening” of the New Dawn Market there.The store is in a reconditioned two-story building with a footprint the size of your average two-car garage in the United States.Staffed and managed by locals, it’s already a hit, Spear said. And it hints of bigger things to come.“The feedback from the community has been overwhelmingly positive. They are so excited that we’re there,” said the Missoula insurance agent and business consultant.Spear and his wife Abby founded the faith-based nonprofit Love Has Come in Missoula in 2011. Its mission is orphan care outreach, locally and abroad, and its efforts in Haiti are one cog in a larger program. Profits from the market will go not only toward keeping it up and running, but … [Read more...] about A new dawning: Missoula group opens groundbreaking market in Haiti
In what was described as a “new dawn for Africa,” leaders from 44 of the 55 countries of the continent ceremoniously signed a trade pact creating a huge single market from Cape Town to Cairo. The national leaders agreed to eliminate cross-border tariffs and make border posts more efficient. Twenty seven countries signed an additional protocol to allow for the free movement of people across borders, European Union-style. If fully realized, its supporters say, Kenyan manufacturers would be able to sell their products in Nigeria without paying tax at every border crossing; a Ghanaian PR firm could open an office in Namibia without going through any regulatory hoops; and all African citizens would have the right to live and work in any African country. “Our peoples, our business community and our youth, in particular, cannot wait any longer to see the lifting of the barriers that divide our continent, hinder its economic takeoff and perpetuate misery, even though Africa … [Read more...] about African Free Trade – A New Dawn for Africa?
Mzuzu police have arrested innocent Mwimbingu, Director of New Dawn Secondary School for allegedly swindling money meant for Malawi School Certificate of Education (MSCE) examination fee. Speaking in an interview, Mzuzu Police Station Public Relations Officer, Paul Tembo said the suspect was arrested following complaints by the school students who paid for their examination fee for MSCE. “He is suspected of swindling money amounting to K1.285 million belonging to 39 students from his school who are supposed to sit for this year’s Malawi School Certificate of Education,” he said. He added that the suspect was arrested on April 9, 2018 and was charged with the offence of obtaining money through false pretense. “He is set to appear in count on 12 April 2018 to answer charges of obtaining money through false pretense,” said Tembo. The suspect, Innocent Mwimbingu, 35 hails from Mwenechilunga village, T/A Kyungu in Karonga district. : … [Read more...] about Malawi’ New Dawn Secondary School Director Mwimbingu arrested for swindling MK1.285 million