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reuters

Uganda president promotes son, succession plan suspected

28 August 2012 By admin

* Muhoozi Kainerugaba made army general * West, opposition criticised Museveni over long presidency * Museveni in power since 1986 By Elias Biryabarema KAMPALA, Aug 27 (Reuters) - Uganda's long-serving President Yoweri Museveni promoted his son to the rank of brigadier general on Monday, fanning speculation he was grooming Muhoozi Kainerugaba for … [Read more...] about Uganda president promotes son, succession plan suspected

Rich-poor divide scars Angola as it heads for polls

28 August 2012 By admin

* Angola to elect lawmakers, president on Friday * Long-serving President Dos Santos expected to win * Government has invested in rebuilding after long civil war * Critics say it is corrupt, has done little for poor By Shrikesh Laxmidas HUAMBO, Angola, Aug 28 (Reuters) - A four-lane avenue separates the shelled ruins of the art deco Ruacana Cinema from … [Read more...] about Rich-poor divide scars Angola as it heads for polls

UPDATE 1-S.Africa’s Mediclinic pays $223 mln for all of Dubai op

27 August 2012 By admin

* To fund deal through equity and debt * In talks with Standard Chartered over debt funding JOHANNESBURG Aug 27 (Reuters) - South Africa's No. 2 private hospital group by value Mediclinic is to pay $223.6 million to buy out minorities in its Middle East business, it said on Monday, giving it full control of Dubai's biggest private healthcare operator. Mediclinic, … [Read more...] about UPDATE 1-S.Africa’s Mediclinic pays $223 mln for all of Dubai op

S.African bonds, rand softer on growth concerns

27 August 2012 By admin

JOHANNESBURG Aug 27 (Reuters) - South Africa's rand was weaker against the dollar and bond yields edged higher on Monday, weighed by a combination of global risk wariness and concerns over the ailing local economy. The yield on the three year benchmark bond added two basis points to 5.59 percent in early trade and that for 14-year paper rose 3.5 basis points to 7.605 … [Read more...] about S.African bonds, rand softer on growth concerns

RPT-Eastplats miners in S.Africa blocked from work-NUM

27 August 2012 By admin

JOHANNESBURG Aug 27 (Reuters) - Workers at a mine run by junior producer Eastern Platinum (Eastplats) in South Africa were blocked on Monday from going to their posts by people believed to be colleagues, the National Union of Mineworkers said. The incident is seen as a sign that labour unrest in the South African platinum belt could be spreading. "Thirty people, some … [Read more...] about RPT-Eastplats miners in S.Africa blocked from work-NUM

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