Word: financees
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The IPO has injected another kind of novelty into the region: stock fever. The newspapers were filled with ads offering loans - usually with exorbitant interest rates - to help Kenyans buy shares. Poor people who didn't even have bank accounts complained about a minimum investment requirement of 10,000 shillings...
The commission has yet to release any results on the presidential poll, held simultaneously on Saturday. The Zimbabwe Election Support Network, a non-governmental group, said a sample it conducted of 435 polling stations-5% of the total-showed Tsvangirai winning 49% of the presidential vote, Mugabe 41% and Simba...
But Bush's response was not "like pulling a rabbit out of a hat," as White House press secretary Dana Perino put it on Monday. It is actually an adapted version of Treasury Secretary Paulson's year-long effort to recast and consolidate American financial regulation to keep it competitive...
There is little doubt that with an inflation rate of more than 100,000%, unemployment of 80% and life expectancy that has plunged to the mid-30s, those Zimbabweans who remain in the country - an estimated 2 to 3 million have left - are unhappy with the direction of the economy...
Simba Makoni, 57, the man who captivated them, is a former finance minister running against his old boss in Zimbabwe's March 29 general election. His platform is vague, promising a "national authority" to rescue Zimbabwe from 80% unemployment and an annual inflation rate of more than 100,000% - symptoms...