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Mozambique ‘tuna bond’ case against Credit Suisse can proceed, UK judge rules

Mozambique ‘tuna bond’ case against Credit Suisse can proceed, UK judge rules

MOZAMBIQUE'S blockbuster lawsuit against Credit Suisse and others over the $2 billion "tuna bond" scandal can proceed to trial, a London judge ruled, despite complaints that the African nation has failed to fully disclose documents. High Court Judge Robin Knowles said it was not just, proportionate or necessary to strike out the complex case, which encompasses 11 sets of proceedings, three months before a London trial scheduled to start on October 2. But he warned: "At trial, all alternatives, including to strike out and in whole or in part, remain available." The tuna bond or "hidden debt" case has triggered litigation…
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You can’t hold a good creative down

You can’t hold a good creative down

VELMA PAMELA, BIRD STORY AGENCY JECINTA Njoki Kimani graduated with a biochemistry degree but you wouldn't guess that when you walk into her office. Located in Nairobi, the first thing one notices is the massive display of big, bright "statement" earrings with unique hues and distinctive aesthetics. Some lie on the table, packed and ready to go, while others are being photographed for marketing purposes. And it is all thanks to a material she came across when looking to keep her daughter occupied during the COVID-19 shutdown. "When Covid hit the country in 2020, I needed to find ways to…
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Seven killed in building collapse in Ivory Coast

Seven killed in building collapse in Ivory Coast

A six-storey building collapsed while under construction in Ivory Coast's commercial capital Abidjan, killing at least seven of the builders on site, firefighters at the scene said. Around midday local time, the workers heard cracking sounds and the building started to crumble around them, said caretaker and builder Jourdin Yoro. "In a rush, we started to run," Yoro said. "Within about 45 seconds, the building collapsed." Rescue efforts were ongoing at the site in Abidjan's upscale Riviera Palmeraie district on Saturday with emergency workers searching through a vast pile of shattered concrete and debris. A further nine people were wounded…
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Gaddafi’s son critical in hospital

Gaddafi’s son critical in hospital

HANNIBAL Gaddafi, son of the late Libyan leader Muammar Gaddafi, has been moved from a Lebanese prison to a hospital in "critical condition", Dubai-based Al-Hadath TV reported. Gaddafi went on hunger strike last month in protest at his incarceration without trial since 2015. Citing unidentified sources, Al-Hadath said he had suffered a sharp drop in his blood sugar level. Gaddafi has been charged in Lebanon with concealing information about the fate of Imam Musa al-Sadr, a Lebanese Shi'ite Muslim cleric who disappeared while on a trip to Libya in 1978. Muammar Gaddafi was captured and killed by rebels in 2011. Thomson Reuters…
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South Africa nearing end of daily power cuts, minister says

South Africa nearing end of daily power cuts, minister says

SOUTH Africa's electricity minister said the country was closer to ending daily power cuts as warmer weather returns towards the end of the year, but declined to give a specific date. South Africa is on course to see its most blackout days in history this year with daily power cuts extending to almost 10 hours a day, affecting businesses and households in an economy already hobbled by high interest rates and inflation. The power cuts, called load-shedding locally, is expected to shave off 2 percentage points from GDP this year, the central bank said last month. Blackouts have eased in…
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Sudan clashes intensify with no mediation in sight

Sudan clashes intensify with no mediation in sight

CLASHES between Sudan's army and paramilitary Rapid Support Forces (RSF) intensified, as the war in the country's capital and western regions entered its 12th week with no attempts in sight to bring a peaceful end to the conflict. Air and artillery strikes as well as small arms fire could be heard, particularly in the city of Omdurman, as well as in the capital Khartoum, as the conflict deepens a humanitarian crisis and threatens to draw in other regional interests. The RSF said it brought down an army warplane and a drone in Bahri, in statements to which the army did not immediately…
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At least 48 killed in road accident in western Kenya, police say

At least 48 killed in road accident in western Kenya, police say

AT least 48 people were killed in a road accident in Londiani, western Kenya when a lorry carrying a shipping container veered off the road and ploughed into several vehicles, police and witnesses said. Footage of the accident's aftermath carried by local broadcasters showed the twisted wreckages of cars and motorbikes alongside damaged minibuses and trucks. Regional police commander Tom Odera said the death toll stood at 48 on Friday evening. "I saw a speeding oncoming trailer. I swerved and escaped hitting him head-on. The person who was behind me thought I wanted to buy something. He overtook me and…
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Sierra Leone’s ruling party wins 60% of parliamentary seats in contested vote

Sierra Leone’s ruling party wins 60% of parliamentary seats in contested vote

UMARU FOFANA THE ruling Sierra Leone People’s Party has won 60% of the seats in a parliamentary election, the election commission said, as the main opposition party demanded a rerun of the vote that also saw President Julius Maada Bio win a second term. The SLPP won 81 seats while the opposition All People’s Congress won 54, according to the results read by the commission's chairman Mohamed Kenewui Konneh. The results showed the ruling party made significant gains in the bellwether diamond-rich district of Kono, winning seven of the 10 seats where they had none previously. They also made gains…
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Sweetener cancer fears

Sweetener cancer fears

ONE of the world's most common artificial sweeteners is set to be declared a possible carcinogen next month by a leading global health body, according to two sources with knowledge of the process, pitting it against the food industry and regulators. Aspartame, used in products from Coca-Cola diet sodas to Mars' Extra chewing gum and some Snapple drinks, will be listed in July as "possibly carcinogenic to humans" for the first time by the International Agency for Research on Cancer (IARC), the World Health Organization's (WHO) cancer research arm, the sources told Reuters. The IARC ruling, finalised earlier this month…
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