Reuters Africa - Squid Business

US urges Mali to investigate, hold accountable those to blame for Moura attack

UNITED NATIONS (Reuters) – The United States on Monday urged Mali’s transition government to pursue an “independent, impartial, efficient, exhaustive, and transparent investigation” to hold accountable those responsible for the likely execution of hundreds of people in one village. “The United States is appalled by the disregard for human life exhibited by elements of the …

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Rape trial of Senegalese opposition leader Sonko starts

By Ngouda Dione DAKAR (Reuters) – The rape trial of Senegalese opposition leader Ousmane Sonko started in a court in the capital Dakar on Tuesday, following violent protests by supporters who say it is a political plot. Sonko is accused of sexually assaulting and making death threats to a woman who worked in a massage …

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After 100 hours of non-stop cooking, Nigerian chef seeks world record

LAGOS (Reuters) – A Nigerian chef has spent 100 hours preparing meals non-stop, aiming to set a Guinness World Record for the longest ever cooking session by an individual. Hilda Bassey, a chef in the mega city of Lagos, has captivated the country with her marathon cooking, which started on Thursday and ended on Monday …

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Russia, Ukraine to receive African mission on potential peace plan, Pretoria says

By Wendell Roelf CAPE TOWN (Reuters) -South African President Cyril Ramaphosa said on Tuesday that Russian President Vladimir Putin and Ukraine’s Volodymyr Zelenskiy had agreed to meet a group of African leaders to discuss a potential peace plan for the conflict. Details of the plan have not been publicly divulged, although Ukraine’s stated position for …

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South Africa’s unemployment rate rises amid power crisis

By Kopano Gumbi PRETORIA (Reuters) – South Africa’s unemployment rate rose in the first quarter after declining for four consecutive quarters last year, data showed on Tuesday, as the country reeled from record power cuts. Unemployment rose to 32.9% in the first three months of 2023 from 32.7% in the final quarter of last year, …

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Kenya’s Equity Group Q1 2023 pretax profit up 10%

NAIROBI (Reuters) – Kenya’s Equity Group Holdings said on Tuesday its first-quarter 2023 pretax profit jumped 10% to 16.9 billion Kenyan shillings ($124 million), as its loan book rose. Equity, which also operates in Uganda, Tanzania, Rwanda, Burundi, South Sudan and Democratic Republic of Congo, said net loans rose by just over a fifth to …

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Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along

By Stephen Culp NEW YORK (Reuters) – U.S. stocks slouched to a higher close on Monday, and benchmark Treasury yields rose amid flickering optimism that Washington will get past partisan wrangling and reach a debt ceiling deal. While all three major U.S. stock indexes ended green, market participants appeared to show little conviction as first-quarter …

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South African rand regains some ground against the dollar

JOHANNESBURG (Reuters) – South Africa’s rand firmed on Monday, recovering from an all-time low hit against the dollar last week as investors were spooked by possible sanctions amid U.S. allegations, rejected by Pretoria, that South Africa had shipped arms to Russia. At 1543 GMT, the rand traded at 19.0325 against the dollar, 1.54% stronger than …

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US unlikely to sanction South Africa in Russia weapons dispute -Bloomberg News

(This May 14 story has been refiled to clarify comments were made at a press briefing, not in a statement, in paragraph 5) (Reuters) – South African Finance Minister Enoch Godongwana said his country had resolved a dispute with the U.S. over allegations that Pretoria supplied weapons to Russia, and South Africa is unlikely to …

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Tunisian judge sentences opposition leader Ghannouchi to year in prison

By Tarek Amara TUNIS (Reuters) -A Tunisian judge on Monday sentenced in absentia opposition leader Rached Ghannouchi, a fierce critic of President Kais Saied, to a year in prison on charges of incitement, his lawyer Monia Bouali said. Ghannouchi, 81, has been in prison since April. His lawyer said the charges stem from a funeral …

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