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CHAD’S PRESIDENT TO STAY IN POWER TILL 2033

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Chad’s president would be allowed to stay on until 2033 and be granted greater powers under constitutional changes recommended by a national conference that the opposition said aimed to create a “monarchy”.

The two-week forum of about 800 politicians, business leaders and traditional chiefs, boycotted by the opposition, issued its report late on Tuesday, recommending eliminating the post of prime minister and creating a fully presidential system.

It proposed re-instating presidential term limits that were scrapped by a 2005 referendum, but the reforms would still let President Idriss Deby, who came to power in a rebellion in 1990, stay on well into old age.

It recommended six-year rather than five-year presidential terms, limited to a maximum of two terms, effective from the next presidential election in 2021. That would mean Deby could stay in power until 2033, when he will be 81.

 

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$550m bridge to connect two congos separated by River Congo.

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Two Congos separated by a river, the River Congo, have set in motion a plan to link their respective capital with a multi-purpose bridge.

The project estimated to cost $550m will include a toll bridge, a railway track, a road and a sidewalk, a statement cited by the Bloomberg portal reported.

The first Congo is officially sub-Saharan Africa’s biggest country in terms of land size, the Democratic Republic of Congo. Referred to as DR Congo, better still Congo-Kinshasa.



The other is the Republic of Congo whose national capital is Brazzaville with a commercial capital which borders the South Atlantic Ocean, Pointe Noire.

The announcement was made las week during the maiden Africa Development Bank investment forum in Johannesburg. When completed, it will provide alternative transportation means which are currently restricted to boats or planes.

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The bridge which will span a 1,575-meter route will give birth to special economic zones between the two neighbours, Republic of Congo Spatial Planning Minister Jean-Jacques Bouya said at the forum.

Officials from both sides of the river have signed an agreement to that effect, Bloomberg reported last week.

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The great Congo River is the second longest river in Africa, shorter only than the Nile, as well as the second largest river in the world by discharge volume, following only the Amazon.

It is also the world’s deepest recorded river, with measured depths in excess of 220 m. Its overall length is put at 4,700 km (2,922 miles). The Congo gets its name from the old Kingdom of Kongo which was at the mouth of the river.

The Democratic Republic of the Congo and the Republic of the Congo, both countries sitting along the river’s banks, are named after it. From 1971 to 1997, the Democratic Republic of the Congo was called Zaire and its government called the river the Zaire River.

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Ghanaians react explosively to U.K’s deportation of rogue Trader Kweku Adoboli.

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Authorities in the United Kingdom, UK, have deported a former UBS trader jailed for Britain’s biggest fraud over unauthorised trades that cost the Swiss bank $2.3 billion.

Kweku Adoboli, a Ghanaian national who has lived in Britain since he was 12 had serially worked to avert the threat of deportation at a court hearing in London in December 2017.



The BBC reported on Wednesday that Adoboli was due to be flown out of Heathrow airport after he had been detained in Scotland on Monday evening.

Adoboli’s case made global headlines when he was arrested in 2011 and tried in 2012 over the huge losses to UBS, caused by trades far in excess of his authorised risk limits which he had pretended to hedge by booking fictitious off-setting trades.

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Adoboli, now in his late thirties has been appealing against an order made by the British authorities in July 2014 that he should be sent back to Ghana as a foreign criminal. Ghanaians have reacted to the deportation on social media outlets.

He had previously accused the Home Office, Britain’s interior ministry, of having mishandled his case. Among other issues, he says officials falsified a copy of his passport, wrongly asserted he was ineligible to work in Britain, and got basic facts about his life wrong in the deportation order.

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Since his release from prison in June 2015, Adoboli has campaigned for cultural change in financial services. He says he is remorseful for the actions that led to his fraud conviction, but should be allowed to stay in Britain because of strong personal ties in the country and the public interest in his advocacy work.

Born in Ghana in 1980, Adoboli moved to Jerusalem with his family in 1984 when his father, a United Nations official, was posted there. The family later moved to Syria, and Adoboli never lived in Ghana again apart from during a short stint when the family had to leave Damascus because of the first Gulf War.

In 1992, aged 12, Adoboli was sent to a Quaker boarding school in Yorkshire, northern England. He has lived in Britain ever since.

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