Mugadisho Somalia Eid mubarak and President Hasaan Say Happy Eid (Photos)




Mugadisho Somalia Eid mubarak and President Hasaan Say Happy Eid (Photos)

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Chinese firm plans $3.5 bln Zimbabwe power plant -report

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China's Guangdong Bureau of Coal Geology plans to invest $3.5 billion to build a 1,200 megawatt thermal power plant in Zimbabwe, local media reported on Tuesday. The southern African country currently generates about 1,000 MW of electricity, half of its peak demand, and is battling frequent power cuts which have affected industry and mines. A delegation from the Chinese company is currently visiting Zimbabwe to explore opportunities in the power sector, the state-controlled Herald newspaper reported. "We came here to observe and study the possibility of building a thermal power plant," Mu Yong, a director at the Chinese firm, was quoted as saying. "Our proposed budget is about $3.5 billion for a 120 million watts plant." In July, Energy Minister Elton Mangoma told parliament that China Railway International, a subsidiary of China Railway Group and Zimbabwe's state power utility ZESA were planning to jointly run a coal mine that would supply a proposed 1,...
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Kenyan teachers reach pay deal, end strike

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Kenyan teachers have called off a strike for higher pay that started on September 3 after signing a deal with the government, their union said on Monday. Under the terms of the deal, public school teachers will get a pay rise of 5,250 shillings for the lowest paid, taking their pay to 19,000 shillings a month. The highest paid will get 142,000 shillings a month, a rise of 22,000 shillings. Unions had demanded between 100 and 300 percent pay rises. The deal leaves the government with an extra 20 billion shillings to find in the 2012/13 (July-June) fiscal year. Finance Minister Robinson Githae said he was seeking areas where the funds could be found, including further cuts to ministries' budgets and scrapping development projects scheduled for this fiscal year but yet to start. "If everything else fails, the last resort is we increase tax," he told Reuters, adding he expected concrete proposals by the end of this week. The pay rises will be back-dated to Jul...
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