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Motherland News

South Africa’s Reserve Bank cuts interest rate for the first time in 5 years

South Africa’s Reserve Bank on Thursday cut its benchmark repo rate by 25 basis points to 6.5 percent from 7 percent. The rate cut comes after South Africa slipped into technical recession the first quarter. Reserve Bank governor Lesetja Kganyago cited an improving inflation outlook and deteriorating growth. In the MPC statement the …

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56 people arrested in Uganda for holding illegal meetings

Ugandan police have arrested 56 people for holding illegal assemblies, the police said on Thursday, but an opposition official accused them of cracking down on opponents of a plan by the president to extend his rule. The government said last week it wants to change the constitution to remove the …

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CAF to consider opening up AFCON to non-African teams to boost revenue

The Confederation of African Football (CAF) will consider a proposal to open up its main competition – The Africa Cup of Nations (AFCON) – to other continents in order to increase revenue and attract new partners. This was recommended by CAF’s Marketing and TV team on Wednesday at the two-day African …

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ICC to review detention of ex-Ivory Coast leader Gbagbo

International Criminal Court appeals judges have ordered a new review into whether former Ivory Coast President Laurent Gbagbo should be released from detention while his long-running trial continues on crimes against humanity charges. Presiding Judge Piotr Hofmanski on Wednesday upheld an appeal by the 72-year-old former president against the refusal …

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UN to close five peacekeepers’ bases in eastern DRC

Five UN peacekeepers’ bases in the Democratic Republic of Congo are to close at the end of July, the UN mission there announced on Wednesday, describing it as a change in operational style. But the closures come against the background of cuts to the overall peacekeeping budget pushed through under …

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Nigeria: 19-year-old Boy Caught Manufacturing Guns

Eric Labari, a 19-year-old gun manufacturer, has been arrested by Operation Safe Haven military task force in charge of security in Plateau and Southern Kaduna, NAN reports. The Commander of the task force, Maj. Gen. Nicholas Rojas, made the disclosure when he briefed newsmen in Jos on Wednesday. He said that Labari …

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