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Haiti: US remittances keep the homeland afloat NEW YORK, 11 March 2010 (IRIN) - Haiti"s economy depends on the estimated US$1.5 billion a year in remittances sent home by its million-strong diaspora. Dilip Ratha, lead economist at the World Bank, said the figure could be even higher, accounting for perhaps half the national income. The money ... Read Africa News article at IRINNews - Related articles
Kenya: PNU, ODM lock horns and Beauttah OmangaWhat was looking like a final trouble-free ride to a new constitution after 20 luckless years is being eclipsed by another fresh row among coalition partners.Party of National Unity and Orange Democratic Movement heavyweights held separate meetings after which they locked horns as a petition to amend the ... Read Africa News article at The Standard - Related articles
South Africa: Fourth arrested for tax fraud The Hawks arrested the 46-year-old man from Welgemoed at Cape Town International Airport, said Inspector November Filander. A group of individuals and business owners allegedly targeted major commercial banks with fraud related to VAT, custom and excise. The fraud had a potential value of "as much ... Read Africa News article at Times Live - Related articles
South Africa: Bell to cut more jobs It was releasing its results for the year ended December 31 2009, which it described as the toughest and most challenging year in the group"s history. "The global economic crisis continued to rage for most of 2009 and it was only in December that we started to see ... Read Africa News article at Times Live - Related articles
