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...Mbeki, who had hoped to make a dignified exit from office and retain some of his legacy as a peace broker on the continent - where he has mediated conflicts in the Ivory Coast, the Democratic Republic of Congo and, most recently, Zimbabwe - has instead faced a string of humiliating defeats, and leaves office much diminished. The ANC, too, is likely to be weakened by its decision, which also seemed to suggest that Zuma is not necessarily in control of the coalition of forces within the party that brought him to power...

Author: /time Magazine | Title: Why South Africa's Mbeki Resigned | 9/20/2008 | See Source »

...million project is only part of a flurry of telecom activity on the continent. Amid a push by Africa's leaders and telcos to modernize its networks over the next few years, a string of firms have partnered to build the East African Submarine Cable System, some 10,000 km of fiber-optic lines linking 21 countries from South Africa to Sudan. With work on the line started last year, the project is due for completion in 2009. The World Bank's $424 million Africa Regional Communications Infrastructure Program - a complementary scheme approved at roughly the same time - aims...

Author: /time Magazine | Title: High-Speed Internet Coming to Africa | 9/15/2008 | See Source »

Lewis worked hard and advanced quickly at NCNB. In 1985, when the bank's CEO Hugh McColl, asked him to move to Florida to run a string of branches, he reported to his new job in less than 24 hours. Through a series of purchases made by McColl, NCNB turned into NationsBank, which turned into Bank of America, which in time grew to become the nation's biggest retail bank, home loan provider and credit card issuer...

Author: /time Magazine | Title: Kenneth Lewis | 9/15/2008 | See Source »

...latest in a string of audacious terrorist attacks, India's capital was thrown into chaos on Saturday evening as five serial blasts left at least 18 people dead and 100 injured. The central business district of Connaught Place and busy markets in Karol Bagh and Greater Kailash-I were targeted between 6 and 7 p.m. and three more bombs were defused in Connaught Place. As of Saturday evening, one arrest had been reported...

Author: /time Magazine | Title: Five Blasts Put Delhi on High Alert | 9/13/2008 | See Source »

...blog Hollywood Elsewhere. "Today they're softer, grayer, saggier, less cool. It's a hard pill to swallow, but they're just not top-dog machismo types any more." Beyond the indignities of aging that all actors inevitably face, Pacino and De Niro have both appeared in a string of bad films that damaged their personal brands. For Pacino, now 68, dogs like Gigli, The Recruit and 88 Minutes are fresher in audiences' minds than his career-making performances in The Godfather and Scarface. And the money-making but vapid comedies De Niro, 65, has turned in, like Meet...

Author: /time Magazine | Title: Righteous Kill Pairing Earns Hollywood Shrug | 9/12/2008 | See Source »

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