Daily Archives: August 4, 2013

Egyptian finance minister rules out new taxes

Egypt: Egyptian finance minister, Ahmed Galal has said that no taxes would be imposed in addition to the current tax law, and that combating tax evasion would not be made a tool for “settling scores” with businessmen, Daily News Egypt has reported. The minister also said that no property taxes or income taxes would be modified “in order to not harm the economy.” Under the current tax law, all companies are subject to a unified tax rate of 25%, compared with the previous legislation that taxed those earning less than EGP10m per year at 20%. [AMEInfo.com]

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Egypt's Aero City project awaiting government nod

Egypt: Egyptian civil aviation minister, Abdul Aziz Fadel has said the ministry is awaiting approval from the cabinet to begin work on the first stage of its new Aero City project next to the Cairo International Airport, Daily News Egypt has reported. The first stage has so far attracted $3bn in investments and will make 410,000 sq m of land available for construction, Fadel said. The project currently seeks to attract $20bn in investments by constructing additional tourist, commercial, sports and educational locations and facilities, on a total of 220,000 acres of land. [AMEInfo.com]

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Zuma has failed Zimbabwe – DA

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Africa, West at odds over Mugabe’s win

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Rowhani officially takes office as Iran leader

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Suicide attackers target Indian consulate

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Gambia: Demonstration denounces repressive regime

DUGA

The Democratic Union of Gambian Activists (DUGA) gathered on July 30 in front of lobbying firm BGR in Washington, D.C. to protest their representation of Gambian President Yahya Jammeh. read more

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Zimbabwe Mugabe win unlikely to make turnaround

mugabe

NATIONAL: (By Yasir Habib Khan)–  Zimbabwe President Robert Mugabe another win, allegedly rigged, is unlikely to usher in a better political and economic outlook for Zimbabweans. read more

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President under fire for congratulating Mugabe

David

JOHANNESBURG: (By Tony Selvester)– President Jacob Zuma has come under fire after his  message of congratulations to his counterpart Robert Mugabe to win the alleged rigged elections. read more

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Nigeria, others to re-evaluate Trans-Saharan gas project

Niger and Algeria with the support of former president of South Africa, Thabo Mbeki. The project was endorsed in furtherance of the New Partnership for Africa’s Development (NEPAD). The objective of the project was to take natural gas through pipe from …

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Disruptions: Rather Than Time, Computers Might Become Panacea to Hurt

We might not be far away from a day when scientists can use computer-manipulation of the mind for a host of different things. read more

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Kirobo the talking robot blasts into space on historic mission

(Reuters) – Kirobo, a knee-high talking robot with red boots and a black and white body, has blasted off from Japan for the International Space Station to test how machines can help astronauts with their work. read more

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Telkom board reviewing 8ta – report

Telkom CEO Sipho Maseko reportedly says it is important for the board to “de-risk” its mobile operation.
Fixed-line giant Telkom…

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Losing smart ID bidder demands tender probe – report

The competition commission is reportedly investigating a complaint by one of the losing bidders for the smart ID card system.
The…

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