By Nangayi Guyson – Despite Nigeria frequently cited as one of the most corrupt countries in the world, its central banker Mallam Lamido Aminu Sanusi has won two international banking awards. Mallam Lamido Aminu Sanusi 49-year-old who appointed head of the Bank of Nigeria in June 2009.has been named as the Central Bank Governor of 2010 for both the African continent and the entire world, by the prestigious Banker Magazine. The editor of the magazine, Brian Caplen, says that few candidate names generate an overall consensus on judging panels, and yet, when it came to finding the best global central... Continue Reading
By Emmanuel Muwamba – The US Millennium Challenge Corporation’s (MCC) board has unanimously approved a $350.7 million five-year Compact Program focused on the power sector in Malawi. The MCC is a partnership between the United States and developing countries that awards large-scale grants to fund country-led solutions for reducing poverty through sustainable economic growth. For a country to be selected as eligible for an MCC assistance program, it must demonstrate a commitment to just and democratic governance, investments in the people of a country, and economic freedom as measured by 17 different policy indicators. Benjamin Canavan, the Public Affairs Officer in the... Continue Reading
By Emmanuel Muwamba – Good rains received in southern and central areas of Malawi for the 2010/11 agricultural season and the availability of Farm Input Subsidy Programme, which benefited an estimated 1.6 million smallholder maize farmers, has raised prospects of another good harvest in the country. Farm Input Subsidy Programme (FISP) provides farmers with access to inputs at a subsidized price. Planting of the main maize crop for the 2010/11 season is complete in most areas of the country and in some areas the crop has already reached a knee high height and looking healthy. Current meteorological reports indicate good... Continue Reading
…Challenges Them To Actively Form Part of Politics – By: Augustine N. Myers – The President of the Republic of Liberia, Madam Ellen Johnson Sirleaf is urging Liberians across the Country to actively form part of the pending political process by engaging in the electoral process through the Nation-wide Voters Registration which commences January 10, 2011. Madam Sirleaf in her New year message, said 2011 will be a defining year for all Liberians, as the Nation goes into another round of the democratic process of holding free and fair elections in October of 2011. According to her, In the lead-up... Continue Reading
By Nawa Mutumweno – The Rural Electrification Authority (REA) has obtained funding from the World Bank to subsidise new connections in rural areas. According to chief executive officer Wilfred Serenje, the funding agreement was signed in December 2010 between the Zambian government and the World Bank. “The World Bank signed a $10 million agreement with the government on December 13, 2010 to be administered by the REA to subsidise 30 000 new connections,” he elaborated. The amount will only cover areas in which electricity distribution networks have been put in place. Subsidising the new connections will help make access to... Continue Reading
