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Monday, February 08, 2016
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Governance

Somali central bank boss seeks new currency to rebuild nation

New currency planned for SomaliaFew central bank chiefs have been jailed by a dictator or hide a loaded pistol in their desk drawer, should Islamist militants decide to call. Bashir Issa Ali has done all that and now he wants to recreate Somalia's currency from scratch.
   

Zuma proposes to partly pay for Nkandla improvements

Zuma on NkandlaSouth African President Jacob Zuma has proposed that the auditor-general and finance minister determine how much money he is liable to pay for controversial state-funded improvements to his rural home, Zuma's office said.
   

Russia opposes South Sudan arms embargo, sanctions on leaders

Salva Kiir and Riek Machar.Russia said on Friday it was opposed to placing a United Nations arms embargo on South Sudan or blacklisting President Salva Kiir and rebel leader Riek Machar as such moves were not helpful to the implementation of a peace deal agreed by the pair in August.
   

U.N. chief tells African leaders not to "cling to power"

Ban Ki-moon.U.N. Secretary General Ban Ki-moon told African leaders on Saturday they should not use legal loopholes or undemocratic constitutional changes to "cling to power", and that they should respect term limits.
   

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