[AfricaRealities.com] Fwd: What made headlines in the last 24 hours

 

CNBCAfrica.com's daily news update Facebook Website Twitter YouTube In today's edition: Tech start-ups in Lagos attract international capitalists: In between the run-down buildings in this seemingly inauspicious part of Lagos, a city of around 21 million, tech start-ups are taking root Read on » Nigeria's AMCON to expose loan defaulters: Nigeria's "bad bank" AMCON on Monday asked loan defaulters to immediately square their accounts or it would publish their names. Read on » South Africa's rand picks up: South Africa's rand recovered slightly early on Tuesday after touching a fresh 14-year in the previous session. Read on » Kenya central bank governor says no preferred level for shilling: Kenya's central bank is focused on taming volatility in the exchange rate and has no optimal level for the shilling. Read on » Zambia power cuts affect Canada mines: Power cuts in north-western Zambia, Africa's second-biggest copper producer, have affected production at mines run by Canada. Read on » Nigeria shares gas revenues to cover debts: Nigeria has begun the process of sharing $2.1 billion with federal, state and local governments to reduce a growing backlog of debts. Read on » Angola central bank raises benchmark rate: Angola's central bank raised its benchmark lending rate by 50 basis points. Read on » South Africa's NUM union signs wage deal with Village Main Reef: South Africa's South Africa's National Union of Mineworkers said on Monday it had signed a two-year wage agreement with Village Main Reef. Read on » South Africa's MTN expects lower H1 earnings, shares drop: Shares in South Africa's MTN fell 5 percent as the company said it expects a drop in first-half earnings, blaming a weaker exchange rate. Read on » Fuel retailer Total Nigeria's H1 pretax profit rises: Total Nigeria, the local unit of France's Total, reported a 7.6 percent rise in pre-tax profit to 3.68 billion naira ($19 million). Read on » National Bank of Kenya doubles H1 pretax profit: National Bank of Kenya doubled its first-half pretax profit to 2.5 billion shillings ($24 million) after its non-interest income jumped. Read on » Political unrest pushes Burundi's inflation to 7.7 pct in June: Burundi's inflation rate rose to 7.7 percent year-on-year in June from 7.2 percent in May after political unrest. Read on » Burundi parliament opens after disputed poll, opposition takes seats: Burundi's parliament sat for the first time on Monday after President Pierre Nkurunziza won a disputed election last week. Read on » Nigeria begins sharing $2.1 bln gas revenues to cover state government debts: Nigeria has begun the process of sharing $2.1 billion with federal, state and local governments to reduce a growing backlog of debts. Read on » Heineken, Diageo end joint ventures in South Africa, Namibia: Dutch brewer Heineken and spirits maker Diageo have agreed to end their 11-year cooperation in South Africa and Namibia. Read on » Heineken, Diageo end joint ventures in South Africa, Namibia: Dutch brewer Heineken and spirits maker Diageo have agreed to end their 11-year cooperation in South Africa and Namibia. Read on » Share Tweet Forward +1 Share Copyright © 2015 CNBC Africa, All rights reserved. You are getting this email because you opted in at our website! Our mailing address is: CNBC Africa 4th Floor, West Tower, 88 Stella Street Johannesburg, Gp B-2006 South Africa Add us to your address book

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The hate of men will pass, and dictators die, and the power they took from the people will return to the people. And so long as men die, liberty will never perish.
I have loved justice and hated iniquity: therefore I die in exile.
The price good men pay for indifference to public affairs is to be ruled by evil men.
When the white man came we had the land and they had the bibles; now they have the land and we have the bibles.
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The Voice of the Poor, the Weak and Powerless.

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