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Showing posts from April, 2019

National outcry as cost of Bread doubles in Zimbabwe

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The price of bread nearly doubled in Zimbabwe on Tuesday, another burden for citizens already struggling with a weakening currency and rising prices for basic goods. Bread now costs 3.50 RTGS dollars a loaf, up from 1.80 on Monday, according to prices displayed by most shops visited by Reuters in the capital, Harare. “Bread has now become a luxury. How many people can afford it at this rate?” said Sarah Chisvo, a mother of three who was picking up groceries in a supermarket in central Harare. “The government needs to do something before this gets out of hand.” Zimbabwe ditched its own currency for the U.S. dollar and other currencies in 2009, after hyperinflation reached 500 billion percent the previous year. In February, faced with acute shortages of U.S. dollars, Zimbabwe introduced a new currency, called the Real Time Gross Settlement dollar. The RTGS has been losing value ever since, forcing companies to increase prices. Year-on-year inflation raced to 66.8 percent in March,

Phone Calls:Akeredolu to spend ₦13m, ₦500m For Hosting Guests in 2019

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A total of N13 million was budgeted for telephone calls in the office of Rotimi Akeredolu, governor of Ondo state, in 2019. The office of Agbola Ajayi, Akeredolu’s deputy got N5 million, still for telephone calls while N2 million was set aside for telephone calls in the office of the senior special assistants to the governor. This provision was made in the budget passed by the Ondo house of assembly in January but made public last week. In a copy of the budget seen by TheCable, N1.066 billion was provided for gift items during festivals and children’s party as well as hosting of state guests during special events in the office of the governor.

Student dies while taking "Instagram photo"

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A university student plummeted to her death from a 40ft bell tower while trying to take Instagram photos of the New York skyline. Sydney Paige Monfries, 22, from Portland, Oregon, suffered fatal injuries following the horror plunge at Fordham University campus in New York, weeks before graduation.

Bank robbber nabbed in osogbo

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All days for the thief they say, but a day for the owner, this believe played out today in osogbo when nemesis caught up with a thief who snatched money from a woman who who just withdrawn from a bank. The incident occurred at a branch of union bank Ltd,located beside Aregbesola campaign office, gbodofan area in osogbo. “Ole! Ole! Filled the wave as the woman shouting was soughting help of the people to chase the thief who was apprehend in his bid to escape. The victim who could not hide her joy as people came to her rescue maintained that the recovered money belongs to the organization she's working for. The culprit who was handled by the bank security was taken to the police station for prosecution. Eyewitness who prefer anonymity while speaking with 4newsnaija revealed that such issue is becoming popular in osogbo and other parts of the state and called on security agencies to intensify efforts at curbing criminalities in the society. All days for the thief

Sudan: Protesters succeed as coup leader resigns

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Awad Mohamed Ahmed Ibn Auf, the military chief who led the coup that ousted long-serving Omar al-Bashir has resigned his position. The move comes barely 48-hours after the military high command announced taking power from Bashir. He named Lt Gen Abdel Fattah Abdelrahman Burhan as his successor, following renewed protests that the coup leaders were too close to ousted leader al-Bashir. Awad had only in February this year been named defense minister in what is now Bashir’s last cabinet reshuffle. His appointment was seen by protestors as evidence that there had been no real change following Bashir’s fall. The substitution may not be enough to satisfy pro-democracy campaigners who have called for civilian government and widespread reforms but is being taken as a positive sign that statements by their new rulers indicating they wanted a “dialogue” with protesters were sincere. Burhan’s record appears to be cleaner than the rest of Bashir’s generals and he is not know