IGIHE

Tag: HomeNews

  • Fuel Prices Cut Down

    {{Fuel Prices have been adjusted effetive today.

    According to a statement issued by The Minister of Trade and Industry, the general general public is informed that with effect from Wednesday 1st August 2012, the prices of the following petroleum products shall be as follows;}}

    The Kigali base price for Super must not exceed 970 RWF per litre;

    The Kigali base price for Diesel must also not exceed 970 RWF per litre.

    The statement signed 31st July 2012, further says that reduction in fuel prices is mainly due to the reduction in oil prices on the international market in the last two months.

  • Mai Mai Militia Kill 200 Elephants

    {{Congolese Mai Mai militia have began targeting wildlife killing about 200 Elephants in a period of only two weeks.}}

    The Civil society in Mambassa, 168 kilometers south of Bunia in Ituri (Orientale Province), July 30 accused the Mai Mai militia of exterminating the elephants in the wildlife area in two weeks.

    Sources told local Congolese media that the militiamen shot down two hundred elephants in the space of two weeks.

    Mangala Martin the president of the civil society of Mambassa, says that elephant poaching is taking place in the villages of Bandisende, Mamopi, Salate, Badengaido, Nduye and others.

    “Two hundred elephants in two weeks is a real danger for the elephants,” complains Martin Mangala, accusing and some local leaders of complicity.

    The militiamen illegally exploit gold in the chiefdoms of Walese Karo Bandaka and Bombo.

    This information has been confirmed by officials of the Congolese Institute for Nature Conservation (ICCN).

    ICCN partners complain that the World Heritage has become the place of exploitation of precious materials, poaching and logging.

  • China Opens Up to Foreign Investors

    {{About 37 Investment licenses have been issued to Foreign Investors that applied to invest in China.

    China has been too restrictive to foreigners interested in doing business in china keeping the communist vast state a no go zone to foreigners.}}

    By easing restrictions on foreign investors seeking to put their money into the Chinese markets, Beijing’s latest financial sector reforms seek to boost a slowing economy.

    The securities regulator late Friday published new rules allowing qualified institutional investors to hold up to 30% of shares in any domestically listed company, up from 20%.

    The new rules will make it easier for foreign groups to obtain the status of qualified institutional investor, and thus enter the Chinese market, said the China Securities Regulatory Commission.

    Foreign investors will now also be able to put their money into China’s interbank bond market and high-yield bond market, said the regulator.

    The steps should lead to “more long-term foreign investment on China’s capital markets,” according to a statement from the regulator.

    China has introduced a series of reforms to open up its financial markets in recent months in the hope of boosting its economy, which grew 7.6% in the second quarter, its slowest pace for more than three years.

    Authorities hope to modernise the economy in which a dominant role is still played by state-run banks and huge public companies.

    Fresh foreign capital could inject much-needed vigour into the country’s markets.

    The benchmark Shanghai index ended Thursday at 2,126.00 points, its lowest close since March 9, 2009, according to Dow Jones Newswires.

    New applications for foreign investors have been sped up recently, with the securities regulator approving 37 new qualified investor licences for the first six months of this year compared with 29 for the whole of last year.

  • Roast G-nuts Hawker kills Roommate

    {{Police is looking for a man who is suspected to have murdered his roommate last night at Nyarutarama surburb commonly refered to as ‘bannyahe’,Remera.}}

    Munyeshuri Theogene was aged between 25 and 30. He was found dead in a rented house. The roommate of the victim also whom area residents say was in the same age group has already vanished.

    The Cell leader Valence Twagirimana, told IGIHE that residents noticed smoke from the house and came to offer help only to find a dead body covered with burning clothes.

    Twagirimana said that the suspected murderer only identified as Emmanuel had been around the house upto 10:00 Am.

    Police was notified and later arrived at the scene of crime with an ambulance and discovered exibits including, a Machette stained with blood.

    The body of Munyeshuri was transported an unidentified hospital for postmoterm. The Body was found to have been hacked by the neck.

    Emmanuel and his slain room mate had been involved in hawking roasted groundnuts—a popular business around city surburbs.

    Both hailed from Cyangugu to start business in Kigali to earn a living.

  • New Ghana Leader to Strengthen Judiciary

    {{Ghana’s New President, John Dramani Mahama, Monday promised to strengthen the countrys Judicial system calling upon the Judiciary not to hesitate to outline challenges, impeding progress of its daily activities.}}

    Dramani said that government would do everything possible to enhance the development and growth of the Judiciary, to enable that arm of government to execute its mandate.

    Meanwhile Ghana’s Members of Parliament today suspended sitting to console the former First Lady, Ernestina Naadu Mills at her residence, as part of the one week celebration of the demise of President John Evans Atta Mills in Accra.

    Cletus Apul Avoka, the Majority Leader, who announced the suspension on the floor of the House immediately sitting began, said some members had already left the House earlier to console the relatives of the late President Mills at Otuam, his hometown in the Central Region.

    He said they were expected to return to the House to observe the minute’s silence at 14:15 hours, the exact time President Mills passed on at the 37th Military Hospital on July 24, 2012.

  • Bank Fraud in East Africa Grows by 25%

    {{Fraud has grown by 25% in the East African Banking sector compared to a simillar period in 2010.

    The statistics have been presented by Deloitte an audit firm.}}

    Deloitte claims that the figures may be understated as financial institutions remain tight-lipped about fraud figures.

    “The pervasiveness and magnitude of fraud is on the rise. Technology is turning out to be a double-edged sword,” said Deloitte’s Forensic Director, Robert Nyamu.

    The Real Time Gross Transfer System (RTGS) and other electronic money transfer modes pose the greatest fraud risk. Cheque fraud has also increased tenfold.

    Deloitte argues that innovations such as Mobile Money and Agency Banking are also presenting money launderers with security gaps to exploit. Both services are gaining regional currency as major banks open subsidiaries across East Africa.

    Further, about 50% of total fraud was committed in complicity with banking employees.

    Last year, accounting company PricewaterhouseCoopers reported that the surge in banking fraud was due to “disgruntled or disillusioned employees who are usually young and more tech-savvy than their superiors.”

  • Juba Expects Clinton, Refutes Coup Attempt

    {{South Sudan is upbeat on receiving the US Secretary of State Hillary Clinton.

    She is on an 11-day Africa trip starting this week aimed at igniting economic growth, peace and security, according to a US official.}}

    Clinton will Tuesday arrive in Senegal and later travel to South Sudan, the world’s newest nation. The trip will also cover Uganda, Kenya, Malawi and South Africa, State Department spokeswoman Victoria Nuland said.

    Clinton noted earlier that South Sudan had made strides in nation-building and on building a legal framework. Yet “despite the progress, significant challenges remain that threaten stability and prosperity,” she warned.

    Meanwhile, Sudan’s President Omer al-Bashir declined to meet his South Sudanese counterpart Salva Kiir in a last chance summit to overcome divergences over outstanding issues before the 2 August deadline.

    Sudan’s foreign ministry spokesperson, el-Obeid Morawah, released on Monday (30th July) evening a statement saying that Bashir turned down an invitation by the chief of the African Union mediation Thabo IMbeki to meet President Salva Kiir on Tuesday “due to previous engagements”.

    Bashir is scheduled to travel to Doha Tuesday for a meeting with the Emir of Qatar Hamad bin Khalifa al-Thani,.

    “The government prefers to hold such a summit after good preparation and arrangements as it should not be intended to enter into details of the negotiations but to resolve certain issues so that (the summit) impacts positively the situation between the two countries,” Morawah further said.

    It is believed that Bashir’s decision to not attend the presidential summit was triggered by Kiir’s statements on the martyr day on Monday where he accused Khartoum of seeking to collapse South Sudan and urged the Security Council to impose sanction on the “intransigent party”.

    On oil transportation fees, Khartoum demands US$32 per barrel as Juba offers an average of US$8.18 per barrel, $9.16 and US$7.2. for each pipeline.

    On the security arrangements Khartoum’s position is more against the mediation than Juba, because the former was not seen neutral after considering a “Sudanese” location as a disputed area.

    The South Sudanese president said Juba delegation refused Khartoum’s demand accusing Sudan of intending to loot the oil of his country despite the financial package offered to cover the debit in Sudan’s budget.

    {{Coup d’état in Juba}}

    Several days ago, rumours of failed military coup attempt in Juba cause panic among the citizens of africa’s newest nation.

    It is said that loyalists of late SPLM leader, Gen. John Garang, sometimes known as the ‘Garang’s Boys’ who are high-ranking officers in the army, were plotting to capture power from Kiir by military coup.

    Specifically it was rumoured Sunday, that the deputy commander of the Military Intelligence (MI), Major General Mac Paul, from Bor community, was arrested with 15 other officers the following day and were taken to Yie military prison accused of actively participating in the plot.

    Monday 30 July, a week later, for the first time President Salva Kiir came out publicly to denounce the rumour of the coup d’état, accusing Khartoum of being behind the instigation.

    The rumour of a failed coup attempt against Kiir is the third of its kind and has always been linked to the same group of officers.

  • Leaders Urged to Reside In Areas of Jurisdiction

    {{Local Government Minister James Musoni has urged government local leaders to reside in their areas of jurisdiction full time 24hours a day and 7days of the week unless on authorised ‘Work Leave’.}}

    ‘’The Government expects much from you. The population expects alot from you. You must reside in your areas of jurisdiction closer and responsive to the community needs”, Musoni stated.

    Musoni made the remarks while presiding over the closlusion of the Mayors’ Retreat (28th July 2012) at Musanze.

    The retreat was organized by Rwandese Association of Local Government Authorities(RALGA) .

    The leaders in question are governors, members of district executive committee, executive secretaries of Provinces and Kigali city, districts, sectors, and cells.

    The Minister warned those who don’t follow such instructions, adding that measures will be taken against those who trespass them.

    The chairperson of RALGA Justus Kangwagye said local leaders already reside in their areas of operations full time at 95%, and few leaders who do not follow the instructions will change their mind thanks to the reminder by the minister.

  • South African Musician Completes College at 60 Years

    {{‘Burn out’ is an oldies hit by south african musician Mabuse Sipho “Hotstix”.
    This might not sound new to your ears but the musician has just completed college at the age of 60.}}

    Mabuse who dropped out of school in the 1960’s has proved that he didn’t ‘burn out’ but fired up to obtain his college diploma.

    He enrolled in adult classes near his home in Soweto

    South Africa’s President Jacob Zuma praised Mabuse for reaching an “amazing milestone”.

    “You are indeed an inspiration to all of us by showing us that one is never too old for education,” he said.

    According to the United Nations statistics, 12% of South Africa’s adults are illiterate.

    This is mostly due to the past apethide regime which segregated against the black majority who were denied access to education and many more social services.

    Mabuse Tweeted,”I needed my #matric to feel complete even with all my musical success. Forty-five years out of class is no childs play.”

    Some of Mabuse’s popular hits; Shikisha, The creator has a masterplan, Thiba Kamoo.

    Mabuse and Om Alec Khaoli, Selby Ntuli Founded Harari–a legendary Afro-Rock group founded in the late 60’s. It is one of the most successful band in Southern Africa.

  • Bar Owner Kills CLient for Breaking Bottle

    {{Police is holding two men suspected of beating to death a 51 year old man Erade Nkerabahiz while in a bar in Muhanga district.

    Jean Baptist Mbonyumugenzi was beaten by a reveler at the bar and Azalias Mutsindashyaka, the bar owner.}}

    The incident took place at Cyeza Sector, Kivumu Cell at about mid night.

    Police investigation revealed that Nkerabahizi died on his way to Kivumu health center following a savage beating after misunderstandings over payment developed between him and Mbonyumugenzi.

    The quarrel reached a climax when Nkerabahizi accidentally broke a bottle, then the bar owner who was in the next room quickly intervened forcing Nkerabahizi to pay.

    Other clients in the bar tried to calm the two without success.

    Eye witness accounts indicate that the victim was hit twice in the head before he was whisked to the health center.

    Witnesses further said the three were under alcohol influence.

    Police Spokesperson Superintendent Theos Badege regrets the incident saying that abuse of alcohol and drugs must be avoided because it affects people’s emotions, sensibility and thinking and makes them susceptible to violence.