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Wal-Mart Offers $4 Billion Investment in South Africa


Economic analyst says Wal-Mart's plan to buy its way into the South African market is a sign of confidence in the country's growing economy.

Independent economist Mike Schussler says Wal-mart's plan to tap into the South African market is a sign of confidence and will boost Africa's biggest economy.

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Kate Kainja passes away

Nyasa Times "Minister of Women and Child Development Kate Kainja-Kaluluma has passed away in United Kingdom. “Indeed Hon Kate Kainja Kaluluma has died,” confirmed family friends in London. The 57-year-old minister was admitted to a North England hospital – York Hospital. Diplomatic sources at Malawi High Commission in London have said arrangements are being made to send her remains to Malawi. Kainja who was Dedza South West Constituency parliamentarian flew to United Kingdom for medical attention after a long-illness. She is survived by a husband, Emanuel Kaluluma and three children."
afrol News - Huge diamonds found in DRC : "A Canadian mineral exploration firm, Mexivada Mining Corp, has reported the discovery of two large diamonds in its 100% controlled Malambani Permis de Recherche concession, located near Mayoko in the Democratic Republic of Congo (DRC). Mexivada described the first stone as a white, modified octahedron 7.5 milimetres in diameter while the second stone was a shiny 6 milimetre greenish-white coloured dodecahedral diamond. Each of them weighs 0.1 gram"