Pan African News Hub

SARB governor Lesetja Kganyago. (Photo: File, Gallo Images)     South Africa spends too much time debating populist issues such as the proposed nationalisation of the central bank, instead of focusing on steps to boost the economy, South African Reserve Bank Governor Lesetja Kganyago said. "We have spent too much of the year indulging in populism instead of making pragmatic choices," Kganyago said in in the foreword to the central bank’s Monetary Policy Review released on Monday in Pretoria. "A particular concern for me has been the amount of time we have squandered discussing Reserve Bank nationalisation." The African National Congress decided in December that the Reserve Bank should be state-owned, like most other central banks. In August, the Economic Freedom Fighters, a political party which has won support by vowing to nationalise everything from land to banks, tabled a bill to chan

KAMPALA, UGANDA, 2018-11-29 16:43 Uganda (iStock)   An internal inquiry says the United Nations refugee agency has misspent millions of dollars on Africa's largest refugee crisis, including paying for what became a parking lot at the Ugandan prime minister's office. The report by the UN's internal watchdog says about $11 million alone is being spent on a recount of the South Sudanese who poured into Uganda, to weed out potentially hundreds of thousands of "ghost refugees." More than a million South Sudanese fled to neighbouring Uganda after fresh fighting broke out in July 2016, causing a scramble by the UN and other humanitarian actors to help them find food and shelter. Uganda has been praised internationally for welcoming refugees but has faced scrutiny over corruption in the process. UN refugee and Ugan

By Staff Reporter PRETORIA,S.A, 29-11-2018:   WHEN President Magufuli’s ongoing reforms continue to receive worldwide accolades making African Union (AU) appealing to members to emulate him, Norway showered a sizeable praises on his stance to fight corruption and improve revenue collections.   Being the latest admirer of Dr John Pombe Magufuli’s reforms agenda, Norway, a rich European nation, was too satisfied to announce an additional US$ 56 million to support Tanzania’s development resolve to realize a middle income nation by 2025.   Fifty years on, independent Africa reviews its offering and takes steps to realize its highest potential, economic independence, which has now excited one of Africa’s architectures of its reinnassance agenda, Thabo Mbeki. Mbeki alongside other great African minds Olusegun Obasanjo, Benjamin Mkapa and others championed reforms in late 1990’s to see Africa undertake major reforms for accelerated development. One of their brain-child

By Special Correspondent THE bold anti-corruption drive and augmented revenue collections being championed by the Fifth Phase Government under President John Magufuli continues to receive accolades worldwide, with the government of Norway being the latest admirer of the reforms. It is on this backdrop of thrilling improvements that the visiting Norway’s Minister for International Development, Mr Nikolai Astrup, has assured President Magufuli of additional US 56 million dollars (about 128bn/-) to execute projects in various sectors of the economy. The Norwegian Minister made the commitment during a meeting with President Magufuli at the State House in Dar es Salaam on Wednesday when he paid a courtesy call at the Head of State on the beginning of his four-day official visit in Tanzania. “Norway expresses its commitment in supporting Tanzania’s blueprint to realize middle-income economy by the year 2025,” the Minister assured Dr Magufuli during their meeting. It

Par Correspondant Spécial L'audacieuse campagne anti-corruption et l'augmentation des recettes générées par le gouvernement de la cinquième phase sous le président John Magufuli continuent de recevoir des éloges dans le monde entier, le gouvernement norvégien étant le dernier admirateur des réformes. C’est sur cette toile de fond d’améliorations palpitantes que le ministre norvégien du Développement international, M. Nikolai Astrup, en visite au Pays-Bas, a assuré au Président Magufuli 56 millions de dollars supplémentaires (environ 128 milliards d’euros) pour réaliser des projets dans divers secteurs de l’économie. Le ministre norvégien a pris cet engagement lors d'une réunion avec le président Magufuli à la State House, lors d'une visite de courtoisie auprès du chef de l'État à l'ouverture de sa visite officielle de quatre jours en Tanzanie. "La Norvège exprime son engagement à soutenir le projet de la Tanzanie visant à r

OSLO, NORWAY: TANZANIA has increasingly continued to host EU leaders as a sign of long standing and strong partnership between Europe and this most stable nation in Sub-Saharan Africa in what can now be described as quiet but keen diplomacy under current President John Pombe Magufuli of Tanzania. Since the days of Tanzania’s Founding President Mwalimu Julius Kambara Nyerere, Tanzania hs been a darling of the European countries and a clear model of serious, democratic and developing nations in sub Saharan Africa which has also been a source of stability in the region. The Norwegian Minister for International Development, Nikolai Astrup arrived in Tanzania for a four-day visit in the country that implements unprecedented economic reforms for its people. Mr. Astrup met the Tanzanian reformist President Magufuli on Wednesday and held talks on bilateral cooperation between the two countries. President Magufuli has led Tanzania to implement reforms which continues to trans

By Emmanuel Ntirenganya     Pupils operate computer at Mère du Verbe Primary school in Gasabo District. Nadege Imbabazi. Twitter Facebook Email Whatsapp linkedin Google+ A project meant to introduce digital content in primary and secondary schools has hit a snag after it emerged that the contractor was in the process of distributing substandard content. In the 2016/2017 fiscal year, the Rwanda Education Board (REB) awarded a $7.7 million (Rwf7 billion) tender to Hicommands Pvt Limited – a subsidiary of India’s Hicommands Tech India Limited – to develop a system to supply and install digital content in school computers and other machine readable materials. REB has since suspended the project, citing unacceptable content. The move to suspend the project also aimed at averting possible loss of public funds, REB says. The revelations first emerged last week when