Global News
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Zimbabwe hikes key interest rate to 200% from 80% amid runaway inflation
Zimbabwe’s Central Bank has raised its benchmark interest rate to 200 percent as part of the series of measures announced by the government to control inflation and stabilise the exchange rate. The monetary policy committee of the central bank hiked the previous rate of 80 percent to 200 percent, Governor John Mangudya said in a statement on June 27, as…
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Democracy is about improving lives of people, Kagame, Lee declare in joint press statement
President Paul Kagame of Rwanda and Prime Minister of Singapore, Lee Hsien Loong said that the purpose of a democratic government is to improve the quality of life of citizens that voted leaders into public office. Both leaders made the declaration during a joint press conference in Kigali as part of the activities for the State visit of the Singaporean…
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G7 launches $600bn infrastructure plan to counter China
The leaders of the Group of Seven (G7) nations have pledged to raise $600billion in private and public funds over five years to finance infrastructure in developing countries and counter China’s older, multitrillion-dollar Belt and Road project. US President Joe Biden and other G7 leaders relaunched the newly renamed “Partnership for Global Infrastructure and Investment” on Sunday at their annual…
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PHOTO NEWS: President Buhari participates in CHOGM Retreat at the Intare Arena
President Muhammadu Buhari joined British Prime Minister, Boris Johnson, President of Kenya, Uhuru Kenyatta, President Paul Kagame of Rwanda, President Wavel Ramkalawan of Seychelles, President Eric Keabetswe of Botswana, Prime Minister Fiame Mata’afa of Samoa and Senator Jerome Walcott, Barbados Minister of Foreign Affairs and Foreign Trade, Commonwealth Secretary-General, Patricia Scotland, President Julius Maada Bio of Sierra Leone during the…
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Buhari lauds Patricia Scotland on reappointment as Commonwealth Secretary General
President Muhammadu Buhari on Saturday in Kigali, congratulated Patricia Scotland QC on her reappointment as the Secretary General of Commonwealth for another term of 6 years. Scotland, former Attorney General of England and Wales, lawyer, British diplomat, and politician who is the 6th Secretary General of the Commonwealth was first elected in 2015 In his congratulatory message posted on his…
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CHOGM22: Kagame hosts Commonwealth regional leaders in roundtable
President Paul Kagame on Saturday in Kigali hosted a roundtable discussion alongside Patricia Scotland, Commonwealth Secretary-General between leaders from different regions of the Commonwealth represented by President Wamvel Ramkalawan of Seychelles, Hon Justin Trudeau of Canada, Hon Fiame Naomi Mata’afa of Samoa, Hon Muhammad Shahbaz Sharif of Pakistan together with Commonwealth Youth Leaders
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CHOGM22: Kagame receives Buhari ahead of opening ceremony
Rwanda PPresident Paul Kegame received President Muhammadu Buhari as the Commonwealth Head of Governments meeting started in Kigali.
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PHOTO NEWS: CHOGM22 opens in Kigali as Kagame welcomes Commonwealth leaders
President Paul Kagame and First Lady, Jeannette Kagame welcomed Heads of State and Government from 54 Commonwealth countries at the Kigali Convention Centre where they were joined by His Royal Highness, Prince Charles for the opening ceremony.
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UK govt shut Nigerian-owned church following fraud allegations
A controversial church has been shut down after failing to properly account for more than £1.87 million of outgoings and operating with a lack of transparency. SPAC Nation, known as Salvation Proclaimer Ministries Limited, was wound up in the High Court on 9 June 2022 before Judge Burton, government agency The Insolvency Service announced on Friday. The church, once hailed…
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French, German, Italian leaders in 1st Kyiv trip since invasion
French President Emmanuel Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi have arrived in Kyiv in a joint show of support for Ukraine as it faces down Russia’s invasion. “It’s an important moment. It’s a message of unity we’re sending to the Ukrainians,” Macron said after a special overnight train provided by Ukrainian authorities carried the trio…
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