South Africa welcomes Indian PM Narendra Modi, discusses bilateral trade

South Africa welcomes Indian PM Narendra Modi, discusses bilateral trade

Pretoria: Prime Minister Narendra Modi has expressed satisfaction on his Uganda visit saying it to be successful. The Prime Minster arrived in South Africa from Uganda to participate in the BRICS summit. This summit will make efforts to increase the cooperation between the BRICS nations and the African nations. In view of this, the summit […]

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Gold reserves of the world are depleting, warns leading industrialists

Gold reserves of the world are depleting, warns leading industrialists

Cape Town: ‘Gold Reserves in the world are now depleting and there is no alternative available,’ warned Nick Holland, the CEO of Gold Fields, the Gold mining company from South Africa. The demand for gold is increasing because of the instability and uncertainty prevailing at the global level. In this scenario, the warning by Holland […]

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East and southern African countries debate accepting Chinese Yuan as reserve currency at the conference in Zimbabwe

East and southern African countries debate accepting Chinese Yuan as reserve currency at the conference in Zimbabwe

Harare: Influence and scope of the Chinese Yuan which was accepted as a global ‘Reserve Currency’ by the International Monetary Fund two years ago, is on the rise. In an economic conference held in Africa on Monday, there were comprehensive discussions about officially accepting Yuan as a Reserve Currency. A few African countries including Angola, […]

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Eight more countries in Africa may be hit by Ebola following Congo, warns the World Health Organisation

Eight more countries in Africa may be hit by Ebola following Congo, warns the World Health Organisation

Geneva/Kinshasa: The Ebola epidemic has reached dangerous proportions and has already claimed 26 lives. The World Health Organisation has warned that this epidemic in Congo is extremely dangerous and eight more countries in Africa might contract this epidemic in the near future. This is the eighth time that the African nations have contracted Ebola epidemic […]

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59 soldiers killed in attack launched by Al Shabaab militant organisation on ‘African Union’ base in Somalia

59 soldiers killed in attack launched by Al Shabaab militant organisation on ‘African Union’ base in Somalia

Mogadishu: The ‘Al Shabaab’ militant organisation carried out a dreadful attack on the ‘African Union’ army base in Somalia on Sunday. ‘Al Shabaab’ has claimed to have killed 59 soldiers in this attack. Officials of the African Union have refuted the claim and said that 22 terrorists were killed in the retaliatory action. The African […]

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