The Security Council today welcomed the signing in Djibouti of a peace and reconciliation agreement between the Transitional Federal Government and the Alliance for the Re-Liberation of Somalia on 19 August, and took note of the parties' request that the

Tororo and Butaleja districts have resolved to avoid further violence between the Jopadhola and Banyole over a wetland.

The Federal Government yesterday made good its earlier promise to constitute a high powered committee that would replace the abandoned Professor Ibrahim Gambari led Steering Committee for the defunct Niger -Delta Summit, with the setting up of a 40 man

For the sustenance of peace in the society, the police and members of the public should consider themselves as indispensable partners, the Sokoto State police commissioner, Alhaji Mamman Ibrahim Chafe has said.

When the struggling Rift Valley Railways this week named businessman Charles Mbire to its board of directors, the general feeling among Ugandans was that the country could not have got a better representative.

Microsoft Corporation, the world's largest software developer, has announced a 40 per cent reduction in the cost of its Home & Student version of Microsoft Office 2007. The cost cut, the company said in a staemenet released on August 28th,

BIDVEST is seeking to acquire a 25% stake in Nampak in a share-for-share offer that values the packaging group at about R15,30 a share, or close to R10bn, and depends on a number of suspensive conditions.

MERLUS Seafood Processors in Walvis Bay is the first fishing company in Namibia to obtain certification from both top-ranked food-safety management systems, ISO 22000 and BRC, at the same time.

Subject to regulatory approval, Leina Gabaraane is the new Managing Director of Stanbic Bank Botswana, Business Week has been reliably informed.

SHOCK waves reverberated through the nation on the heels of an announcement that the Federal Government has awarded German transnational, Siemens contracts in the power sector as part of government efforts to ensure stable electricity supply in Nigeria.

PETROCHEMICALS group Sasol had reduced its interest in the Escravos natural gas-to-liquids project in Nigeria, from 37,5% to 10%, the company said yesterday.

GOLD Reef Resorts, the casino company, was forced to withdraw its ordinary resolution to reward executives with vastly discounted shares at its annual general meeting (AGM) late on Wednesday.

Crisis rocking Wema Bank Plc yesterday deepened with the sack and arrest of its returnee group managing director (GMD), Mr. Adebisi Omoyeni by the police.

Ghana and The European Union on Wednesday signed a groundbreaking trade agreement that would stop imports of illegal timber into Europe from Ghana.

Bookshops are still empty as just few customers come in to buy textbooks.

Sugar import and export regulations recently introduced by the Ministry of Agriculture contravene the Comesa Treaty, Attorney-General Amos Wako has ruled.

DAVID Linsley wants Nelson Mandela to make money for him. The "Madiba Diamond" is the first in a collection of stones that Linsley's Sirius Investment Management will build up into a diamond-based investment fund.

DIAMOND miner Trans Hex has approached De Beers Consolidated Mining with the possibility of making an offer on De Beers' struggling Namaqualand Mines.

Former East African Community employees stage a sit-in at the StHouse main entrance in Dar es Salaam yesterday. They were seeking audience with President Jakaya Kikwete over their terminal benefits claims. PHOTO/SALHIM SHAO

BSE-listed Discovery Metals has announced key appointments of groups that will assist in completing the Bankable Feasibility Study (BFS) for the Boseto Copper Project and has received the terms of reference for the completion of the Environmental Impact Assessment for