Rwanda presents 'tremendous' investment opportunities that Singaporeans can exploit given the country's need for their innovations, visiting chief of Singapore Cooperation Enterprise (SCE) said Thursday.

No fewer than six militants were killed and their camp destroyed on Thursday, during a shootout between them and operatives of the Joint Military Taskforce (JTF) at Daroama in Brass Local Government Area of Bayelsa State.

Southern Africa's finance ministers are mulling over a US$2 billion rescue package for Zimbabwe - 60 percent less than a 2008 estimate by the UN Development Programme (UNDP) of the financing required to haul the country out of its economic malaise.

On Monday February 23, the management of the Electricity Company of Ghana (ECG) announced a $194 million expansion project to reduce to the minimum the incessant power outages in some parts of southern Ghana.

South African motorists will be forking out 45 cents more per litre of petrol from 4 March, while diesel drivers will enjoy a decrease of 38 cents per litre, the Department of Minerals and Energy reported on Friday.

SAA has confirmed that a staff member is facing a disciplinary hearing after allegedly bribing another to change in-flight shifts, but denies that it ignored warnings about staff being bribed to change shifts prior to recent international drug busts.

Senator Mohammed Muhammed is the vice chairman, Senate Committee on Finance and member of the All Nigeria Peoples Party (ANPP) representing Bauchi Central constituency. In this interview with PRINCE OSBY ISIBOR, he expresses his position on state creation, global economic recession, INEC and other topical issues. Excerpts:

PRESIDENT Rupiah Banda has demanded that Zambian Airways pays back the US$30 million debt that it owes public institutions.

The significant 1.75 percent drop in the amount of credit commercial banks extend to the private sector is indicative of South Africans spending less and trying to save more in the current economic climate.

Experts on agriculture drawn from the Asian and African continents yesterday declared that global food crisis that rocked the world last year was effectively over.

THIS round of banking results was evidence of the resilience of SA's banking industry and the benefits of its inherently conservative stance, Nedbank CE Tom Boardman said yesterday when his group reported a 2,6% fall in headline earnings to R5,8bn for the year to December as bad debt rose, the interest margin shrank and retail banking profits fell sharply.

WITH all that revising, reweighting and rebasing, it's hard to be precise about what the latest consumer price index is really telling us about inflation. And since the producer price index was revised a year ago, it's still a bit of a mystery too how those numbers behave.

RESERVE Bank Governor Tito Mboweni has poured cold water on talk that a special meeting of the Bank's monetary policy committee (MPC) is imminent, but did not rule it out entirely.

WHILE the Congress of South African Trade Unions (Cosatu) congratulated labour candidates who had made it on to the African National Congress's (ANC's) list of candidates to go to Parliament after the April elections, it warned that underperformance would not be tolerated.

AS the effect of the financial crisis bites harder, the Nigeria Labour Congress has called on President Umaru Yar'Adua to "conduct a thorough investigation" of the nation's banks as well as the stock exchange, just as it called for a review of government's privatisation policy.