Putin and Kim sign historic pack, pledging mutual support and cooperation.

Vladimir Putin and Kim Jong Un have signed an agreement pledging that Russia and North Korea will help each other in the event of “aggression” against either country. The Russian president made the announcement following talks with Mr Kim during a lavish visit to Pyongyang, his first since 2000. Mr Kim said it took their…

Bank of Uganda takes a decisive action on Mercantile Credit Bank.

Uganda’s central bank on Tuesday suspended the operations, Mercantile Credit Bank Limited (MCBL), one of the country’s biggest microfinance institutions, saying the bank was undercapitalised, posing a risk to customer deposits. The bank is one of five licensed microfinance credit institutions supervised by the central Bank of Uganda. The Bank of Uganda took action because…

Zuma’s MK Pledges alliance with opposition.

South Africa’s political landscape is still in flux following the ANC’s effort to establish a government of national unity after not securing a parliamentary majority in last month’s election. Although the ANC’s leader, Cyril Ramaphosa, has been reelected as president, the party is still in the process of forming new partnerships. The coalition it has…

Four mourners killed by a speeding Malawi VP’s funeral convoy.

Four people, including a pregnant woman, were killed after a vehicle tried to avoid the convoy carrying the body of the late Malawi Vice-President Saulos Chilima hit mourners, witnesses say. Twelve other people were injured in the incident on Sunday night and were being treated in hospital. It followed clashes between local people, the police…

Israeli PM Dissolves War Cabinet Following Key Departures.

Israel’s Prime Minister Benjamin Netanyahu has taken the decisive step of disbanding the war cabinet in response to significant departures of key member. This move under scores astrologic recalibration within the Isreal government, reflecting both internal political realignments and evolving security priorities.  A government spokesman said the pre-existing security cabinet and the larger full cabinet…