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Africa Still Seen As A Hot Investment Despite Downtrodden Global Economy

The Atlanta Post: "With most of the world watching in fear as the U.S. economy convulses, Africa reminds us that there are places where things are improving. For the last 10 years, with no signs of slowing, Africa’s steadily increasing role in the global economy has been impossible to ignore.
Economist Magazine recently reported that over the past 10 years, six of the world’s fastest-growing economies have been African. Along with that there has been talk of a 7.2% projected annual growth for the Republic of Congo, Ghana, Mozambique, Tanzania, Nigeria, Zambia and Ethiopia.
This of course hasn’t gone unnoticed by some of the more experienced players in the global economy, China chief among them. The Standard Bank of South Africa relayed to BusinessWeek that if all happens as planned, trade between Africa and China would triple to $300 billion by 2015."

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The Namibian Newspaper: "THE High Court yesterday ordered the immediate release of a 12-year-old boy who became Namibia's youngest sentenced prison inmate after receiving a six-month jail term for housebreaking and theft at Karasburg in October.

In a review judgement handed down by Judge Elton Hoff, Acting Judge Claus Hinrichsen set aside the boy's conviction and sentence and ordered his immediate release from detention.

Judge Hoff agreed with Acting Judge Hinrichsen's decision, which was based on the principle that a child as young as the boy is presumed not to be criminally liable, especially where he had been involved in a crime while under the influence and instructions of a much older person.
The boy was sentenced to six months' imprisonment on October 19, after he had been convicted in the Karasburg Magistrate's Court on a charge of housebreaking with intent to steal and theft."