Ritual attacks and killings of Albinos are on the increase in Tanzania and United Nations human rights officials are calling for greater protection for them in the run-up to 2015 general elections there. Five new attacks against people with albinism occurred over an 11-day period in Tanzania last month, making the number of such attacks since 2000 151, including 74 murders. Albinos are people who ordinarily should be black but who because of a genetic error lack the necessary pigmentation, and therefore look whitish. Consequently there is a belief in certain parts of Africa that “their body parts” have “magical…
Author: Pride Team
By Alex C Transcorp Hotels Plc, one of Nigeria’s hospitality giant is billed to begin an Initial Public Offering (IPO) of 800,000,000 ordinary shares of 50 kobo each at N10.00 per share, which will be listed on the Nigerian Stock Exchange (NSE) on Wednesday September 24, 2014, a statement from the company reveal. The offered shares which is expected to raise $48.8 million, will contribute to the financing of the construction of two new flagship hotels in Ikoyi, Lagos and Port Harcourt. Both hotels, which will carry on Trancorp’s partnership with the Hilton brand, are expected to be completed by…
By Alex C Recently released data on the 2013 Internally Generated Revenue (IGR) by the National Bureau of Statistics (NBS) revealed that Lagos outperforms 13 other states. Of the N590.60 billion generated by the 14 states, Lagos alone accounted for 65 percent (N384.26 billion) A cursory peep into NBS data reveal that the N590.60 billion 2013 IGR represents an increase of 45.43 percent from N405.82 billion recorded in 2012. Rivers State, one of the oil producing states in the country, came second with an IGR of 87.91 billion, representing 15 percent of the total figure. Analysts believe Lagos which remains…
By Alex C Globacom, Nigeria’s first indigenous telecom operator, has regained the second spot in its home market after losing it temporarily to Airtel recently. The company, owned by Nigerian billionaire Mike Adenuga had seen a concrete threat from Airtel for the second spot in the last year, falling earlier in the year as the Indian multinational stole the market following notable disruptions to Globacom services. Recent figures released by the Nigerian Communications Commission (NCC), the country’s industry regulator, revealed that Globacom had overtaken Airtel, gaining more than 4 million new customers. Glo’s subscriber base grew from 23 million to…
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Mistake #1: Not Eating Enough Keeping yourself properly fueled is vital to a successful workout. Yvonne Castañeda, group exercise manager and private trainer for The Sports Club/LA in Miami, says that many times, when first embarking on a weight-loss journey, her clients skimp on meals. “Working out with little to no food in your system is like embarking on a 300-mile road trip with only a quarter-tank of gas,” she says. “Too often we make the mistake of thinking fewer calories will lead to optimal weight loss. But being properly fueled is essential to making the most of your training.” …
Definitely having friends in the corridors of power is a sure banker for one to smile all the way to his bank. A Chief Operating officer of the South African Broadcasting Corporation earned double the salary of the Chief Executive Officer of the same SABC because of his connections to high government officials. Motsoeneng, the guy with then longer reach, earned a total of R2.87 million in 2013, roughly R239, 000 a month, as compared to the R1.758 million (R146, 000) earned by the broadcaster’s acting chief executive officer Tian Olivier. The COO’s R2.87 million was also more than President…
As their colleagues in other jurisdictions jointly-owned projects and go their separate ways, East African heads of state East Africa are polishing their shoes for more joint enterprises. After finalizing arrangements for a one-area telecommunication network for their five countries, Presidents Yoweri Museveni (Uganda), Uhuru Kenyatta (Kenya), Salva Kiir Mayardit (South Sudan), Paul Kagame (Rwanda) and Ethiopian Foreign Affairs Minister, Dr.Tedros Ghebreyesu (Ethiopia) are looking for private investors to partner them for an oil refinery. They are looking for private sector operators to take up 60 percent shares in the refinery while the East African countries would share the remaining…
A Ghanaian Journalist is in danger of being cursed at a notorious fetish in Kumasi, the Ashanti regional capital. A regional transport union leader, Opanyin Yaw Atua, is angry with Kojo Ansah, a reporter with The Heritage newspaper, for allegedly defaming him by reporting that he, Opanyin Atua, had impersonated being a chief during a visit to Eastern Regional Police Headquarters. Kojo Ansah had reported that Opanyin Atua, chairman of a branch of the Ghana Private Road Transport Unit, had disguised himself as a chief and swindled the Eastern Regional Police Commander, DCOP Yaagy Akuriba, into transferring one of his subordinates from the district to headquarters.…
By Alex C Starwood Hotels and Resorts Worldwide Inc. plans to add five new hotels in Nigeria and as many as 20 hotels in Africa over the next four years, as the US owner of the Sheraton and St Regis brands takes advantage of rising travel on the continent. The US company is seeking to add mainly five-star properties to its existing set of 37 hotels, Neil George, senior vice president for acquisitions and development in Africa and the Middle East revealed. Five of the new sites are earmarked for Nigeria, Africa’s biggest economy and most populous nation with about…