Browse more featured blog entries »
From Zambian Economist
Wed Nov 7 2012, 14:00:00
The costs of rebasing the Kwacha on businesses are becoming more clear. The benefits will always be less tangible.
Standard Chartered Bank Plc revealed early October that the rebasing will cost it K5 billion in terms of systems and infrastructure upgrade. Part of the money will also go towards staff training in order to ensure a smooth transition to the new kwacha. National Savings and Credit Bank (NATSAVE) revealed late October that it has so far spent K1 billion on the initial preparation of the rebasing of the Kwacha. The money has gone on reconfiguration of the IT platform and general implementation of the rebasing preparation in its 27 branches across the country. This is just for starters! A reasonable guess would be that the the proposal would lead to business costs over K1 ... [view whole blog post ]
From Enough blogs
Wed Nov 7 2012, 12:01:15
Following the resolution of negotiations in Addis Ababa this September, the international community watches on as the Republic of Sudan and the Republic of South Sudan continue to grapple with critical outstanding issues. In the coming days, the U.N. Security Council will have the opportunity to vote on a set of recommendations from the African Union Peace and Security Council, or A.U. PSC, on ways to address these issues, such as the final status of the disputed Abyei area, unfettered international humanitarian access to the Sudanese states of Blue Nile and South Kordofan, the final definition of the North-South border, and the initiation of direct political negotiations between the government of Sudan and the Sudan People's Liberation Movement-North, or SPLM-N.
The A.U. PSC's ... [view whole blog post ]
From Global Voices » Egypt
Wed Nov 7 2012, 11:31:08
Egypt has announced [ar] today that access to all porn sites will be banned. Netizens discuss the move on Twitter, saying any kind of censorship will have dire consequences on free speech - as it opens the door to abuse by the authorities and the muzzling of voices online. [view whole blog post ]