Curtain falls on Mugabe’s rule: Rejoicing & concern

Zimbabwe’s long-awaited moment of celebration has finally arrived with the 93-year-old strongman Robert Mugabe announcing his resignation after a reign of 37 years. On November 21 his letter, wherein he expressed his decision to step down from power to allow a peaceful leadership change, was read out by the speaker of the Zimbabwean parliament, Jacob Mudenda. With his announcement, Mr Mugabe has saved himself from the ordeal of an impeachment hearing that had been initiated against him.

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CII-EXIM Bank conclave in Kampala: India eyes East Africa opportunity

India is set to accelerate its economic engagement with East Africa, the fastest growing region in the African continent and home to a large Indian diaspora, at a regional business conclave in Kampala.
The two-day India-East Africa business conclave, organised by Confederation of Indian Industries (CII) and EXIM Bank, will be inaugurated by Uganda’s President Yoweri Museveni in the Ugandan capital on November 20. India’s Commerce Secretary Rita Teotia is leading the high-profile Indian delegation, which includes top investors in Africa like Shobana Kamineni, president, CII and Sanjay Kirloskar, CMD, Kirloskar Brothers Limited. Many ministers from East African countries will be participating in the conclave.

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