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Five Robbery Suspects Nabbed In Abuja - Breaking Times

Five Robbery Suspects Nabbed In Abuja
By Seun Adeuyi
Police in the Federal Capital Territory (FCT) has said it arrested five robbery suspects in Abuja last Wednesday.
Spokesman Yusuf Mariam, who disclosed this on Sunday said the suspects were arrested around Wuse following a distress call that the suspects were about robbing their victims.
The official said the suspects confessed to being responsible for criminal activities along the Wuse axis.
“The suspects are Sanusi Ibrahim (20); Salim Umar (19); Kabiru Umar (19); Shamsudeen Rabiu (20) and Ibrahim Shehu (19).
“Exhibits recovered from them are eight wristwatches; five Ipads; five laptops; 25 ID and ATM cards; 33 sets of gold and silver jewelleries; 30 UAE Dirham; 3,000 CFA; 100 South African Rand; N25,000; three cutlasses and one sword. ....

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Fuel Prices In Malawi Raised By 28% - Taarifa Rwanda

Taarifa Rwanda
Published 4 months ago
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Reports reaching Taarifa Business desk indicate that the prices of petroleum products in Malawi have hiked to levels that have left the citizens in a complete shock.
Petrol has been raised from K690.50 to K834.60 representing a 20.87% increase. For diesel price per litre has moved from K664.80 to K826.40 – this represents a 24.31% increase for Paraffin price per litre has shot up by 38.8% from K441.70 to K613.20.
“The combination of increased Free On Board (FOB) prices on the International Market and the poor performance of the Malawian currency- Kwacha against the US dollar and the SOuth African Rand, has made it necessary for us to adjust upward the prices of Petroleum products,” said Leonard Chikadya the Board Chairperson of Malawi Energy Regulatory Authority (MERA). ....

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International Assistance to South Africa in Wake of COVID-19

International Assistance to South Africa in Wake of COVID-19
December 17, 2020COVID-19
SEATTLE, Washington South Africa is in the midst of an economic crisis. Its lockdown was among the earliest and strictest in the world. As a result, the country managed to keep its coronavirus death toll to only around 15,000. However, it has had adverse effects on the economy. International assistance to South Africa is helping the situation. The International Monetary Fund is providing the South African government with loans.
Economic hardship
Annual GDP is projected to drop 7% this year as the lockdown forced businesses to close and caused layoffs. However, international organizations have started to aid the government. As a result of the economic crisis, the International Monetary Fund (IMF) approved a $4.3 billion loan in order to reverse the course. The loan was made through the IMF’s signature Rapid Financing Instrument (RFI), which provides emergency assistance to co ....

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Pound To Rand Rate Dips As As Risk-on Market Mood Boosts Risky Assets

The Pound to South African Rand (GBP/ZAR) exchange rate dipped following news that the European Union (EU) had already drawn up no-deal Brexit contingency plans.
Furthermore, UK Foreign Minister, Dominic Raab, said that it was ‘unlikely’ that negotiations will extend beyond Sunday, sparking off concerns as the two sides struggle to find a consensus.
Mr Raab added:
‘We are rapidly approaching the point where we need some finality.’
Meanwhile the President of the European Commission, Ursula von der Leyen, said that a ‘fine balance of fairness’ had not been ‘achieved so far’.
As a result, GBP investors are becoming increasingly concerned that the UK could be headed for a chaotic exit from the EU on January 1st. ....

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Investegate |QNB Finance Ltd Announcements | QNB Finance Ltd: Publication of Final Terms (ISIN: XS2271245040)

A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
1. Obtains access to the information in a personal capacity;
2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so; ....

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