News : AFRICA : Business, Economics & Finance
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Aftershock far from Ike's path: $5 gas
From Florida to Tennessee, and all the way up to Connecticut, people far from Hurricane Ike's destruction nonetheless felt one of its tell-tale aftershocks: gasoline prices that surged overnight — to nearly $5 a gallon in some places.
Lehman fate in balance as talks extend to third day
NEW YORK/WASHINGTON (Reuters) - Regulators and bankers failed on Saturday to reach a deal to end the crisis at investment bank Lehman Brothers, and emergency talks were extended to a third day as authorities seek to calm jittery financial markets.
Wall Street titans try to broker Lehman saleThe field of possible buyers for Lehman Brothers narrowed Saturday, but the parties involved in the discussions over the wounded investment bank’s future were at loggerheads over how to finance the rescue. Ike's economic harm less than feared?
High gasoline prices kill hawk migration research
ENTIAT, Wash. (AP) -- A banding program to monitor migration of hawks and other raptors has fallen prey to high gasoline prices....
B.C. tours planned on "Gilligan's Island" Minnow
NANAIMO, British Columbia (AP) -- "Gilligan's Island" fans seeking some 1960s television nostalgia may soon be able to take a three-hour tour from Vancouver Island on one of the boats that appeared as the SS Minnow in the CBS series....
Nigeria: Pregnant Woman, Her Two Kids, Perish in Auto Crash
BENIN-Five people including the newly appointed branch manager for Bank PHB at the bank's new branch in Igarra, Akoko-Edo local government area, a pregnant woman with two of her kids and another lady lost their lives in a ghastly motor
Kenya: Destroying Vehicles Not a Clever Idea
It is just amazing how the failure to, as they say these days, think outside the box in Kenya translates into loss of billions of shillings.
Uganda: Central Bank Snubs Procurement Law
BANK of Uganda has persistently refused to comply with the Public Procurement and Disposal of Public Assets (PPDA) law, Parliament has heard.
Kenya: Mwatela Declines New Job And Reports At CBK
Central Bank of Kenya deputy governor Jacinta Mwatela on Friday officially declined her new job as permanent secretary and charged that her transfer could be linked to a proposed multi-billion shilling new currency project.
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