Sunday, 2 August 2015

Zimbabwe seeks second American 'lion killer

 Cecil the lion
Zimbabwe says it is seeking a second American over the illegal killing of a lion, as the outcry over the death of famed animal Cecil continues.
The National Parks and Wildlife Management Authority said the man from Pennsylvania killed a lion in April.
A Zimbabwean land owner has since been arrested, the agency said.
Cecil was shot illegally in July. Zimbabwe is seeking the extradition of the man who killed him, Walter Palmer of Minnesota.
The National Parks authority gave little information on the new case, but said on Sunday that the killing of the lion had taken place without a permit.
It said the hunt had been arranged by a Zimbabwean man who owned a safari company. The man they are seeking is from Pennsylvania.
The authority said in a statement that it had agreed to "undertake an industry-wide investigation to crack down and weed out any illegal hunting activities", but it was not clear if the latest case had emerged from that investigation

Burundi presidential aide Nshimirimana killed in attack

President Pierre Nkurunziza after voting in parliamentary elections in June 
President Pierre Nkurunziza after voting in parliamentary elections in June, 29 June
A close aide of Burundi's President Pierre Nkurunziza has been killed in an attack on his car in the capital, Bujumbura.
Gen Adolphe Nshimirimana was a former army chief of staff and intelligence chief.
The attackers targeted his car in the Kamenge district reportedly with machine guns and rocket launchers.
Burundi has been racked by unrest since April, when Mr Nkurunziza announced he would seek a third term in office.
Opponents argued this contravened the constitution and there was a failed coup attempt in May.
A presidential election was then held last month which Mr Nkurunziza won, but which was boycotted by the opposition.
Gen Nshimirimana was reportedly in charge of the president's personal security and had been central in cracking down on protests.
Witnesses to the attack said four men in military fatigues had sprayed the car with bullets.
Other witnesses said rockets were also fired.
Presidential adviser Willy Nyamitwe told Reuters: "He has been killed by a bullet... He was in the car with some bodyguards but I don't know exactly what happened."

Conspiracy Theory Of What Could ‘happen’ To Naira/dollar In The Next Few Weeks

Just two weeks ago it looked as if the Naira was heading to N250 as calls for another round of devaluation held sway. The ban on restricting 40 items from souring forex was still generating speculation just as the CBN Governor appeared aloof.


The naira closed below N230 for the first time in about a month on Friday at the parallel market and is trading for as low as N220 in some states. Some suggest it is likely to trade below N210 as early as next week and optimist even went as far as saying it could very well be cheaper at the black market when compared to the official market.

As expected there is panic in the air and many are wondering why this is happening and what next to do.

Here is a theory of what we think could happen?

With the banks now rejecting dollar deposits panic will set in for those who still hold dollars in cold cash.

They will have no choice but to sell dollars to either people who have immediate use for it or
To those who have means other than a bank of keeping it safe.

The parallel rate of FX could even at some point drop below the interbank rate as people scramble to flee to the Naira.

For those who have dollars secured in electronic form they will probably now form their own parallel market electronically.

This people will become the new Kings on the block and will sell at any rate they like irrespective of the official rate

Some of these guys will be those who earn income in dollars or business who export goods and services in dollars whilst those who will buy remain businessmen who are still determined to import banned items.

However, for the physical black market they will continue to be supplied forex by those who still have access to cash dollars in their bank accounts. However the supply could be limited and could do either of two things

1. It could just be enough to meet the demand for those who still need to access forex in the black market. For example, people who want to pay for school fees or buy a car

2. It could spark another major premium between the official rate and the black market if demand remains very much higher than supply.

To meet up with demand some people will resort to paying for invoices denominated in dollars via their Naira debit cards. Though limited, it will just be enough to meet basic domestic items

This suits the CBN well as it still keeps demand and supply in electronic forms

Some unscrupulous people may well join the business of smuggling dollars though our borders
Once they have dollars in electronic form, they simply collect cash dollars from desperate importers or politicians or corrupt businesses and then charge them a fee.

Once out of the borders and in say Ghana, they pay it into an account and transfer it. In exchange they charge their desperate customers a fee. (thanks NRI for this theory)

This new ‘deal’ will be short lived as many people will be scammed and discouraged from continuing.
The CBN will weigh up the current situation and look at the disparity between the official rate and parallel rate. At that point they can now decide whether to devalue or allow the FX market some room to float thus relaxing some controls.

Banks will groan throughout this period and see their earnings from FX decline substantially. They will put pressure on the CBN whilst business such as Dangote Cement and manufacturers will counter with pressure of their own for a more stable Naira
President Buhari will encounter some success on his corruption drive and with the help of Western Countries repatriate some stolen FX, further boosting FX reserves.

Politicians for the time being will reduce open pilfering of funds whilst businesses will have limited way of bribing corrupt government officials with FX
Oil prices will continue to be volatile putting huge pressure and the government to guard the little FX it has left. This will perhaps discourage Emefiele to relax some of the more “successful controls”.
JP Morga

Boko Haram Leader And Head Of Recruitment In Chad And Cameroun Arrested

Bana Fanaye also known as Mahamat Moustapha, said to be the mastermind of Boko Haram operations in Chad and northern Cameroon, has been arrested by authorities in Chad. Assorted weapons, as well as cell phone SIM cards for various countries, including Nigeria, Cameroon, Chad and Niger were recovered from his residence.


Bana Fanaye also known as Mahamat Moustapha, Boko Haram recruiter.
Bana Fanaye is said to be the brain behind most Boko Harma operations including arms purchases in Chad and northern Cameroon. He was arrested on Friday afternoon.

Media reports quoted Chadian officials as saying that Fanaye is in charge of recruiting Boko Haram terrorists, arms purchases and planning of terrorism targets and operations in Chad and northern Cameroon.

Weapons of different kinds and assorted communication gadgets were found in his house, including more than 50 SIM cards from different countries in the sub region,  tchadinfos.com reported.

It was his arrest that helped security forces locate other Boko Haram members housed in an area called Diguel Diguessou in the 8th district, the report said. Many of them were killed.

In a related development, Reuters news agency is reporting that Cameroon officials have arrested three suspects carrying a bag containing improvised explosive devices in the northern town of Maroua where a spate of suspected Boko Haram suicide attacks killed at least 40 last week.

The men were caught on Thursday evening at the entrance of the city following a tip-off, a senior military source with the Central African nation’s special forces in Maroua, told Reuters.



“The suspect who was carrying the bag with the explosives is a Nigerian. The other two are Cameroonians, according to their identity cards,” another senior local government administrator said by telephone from Maroua.

He said the young men, aged about 20, were suspected Boko Haram militants who were planning another attack.

Cameroon has increased troops and tighten security in the northern regional capital following the suicide bombings, the deepest incursion by suspected Boko Haram militants from neighboring Nigeria.

Cameroon security officials also carried out a raid on Thursday in Kousseri, some 220 km (140 miles) north of Maroua, where some 2,000 Nigerians who were living in Cameroon without permits were loaded in trucks and taken across the border.

A local administrator said the raid was part of measures aimed at improving security and controlling movements along the border region.

The leaders of both countries pledged on Thursday, following a summit in Yaounde, to work together to crush the six-year insurgency which has killed thousands, spread to neighboring countries and threatens the stability of the Lake Chad region.

Boko Haram, which calls itself the Islamic State’s West Africa Province (ISWAP) since pledging allegiance to the militant group that controls large areas of Syria and Iraq, is fighting to establish an emirate in northeast Nigeria.

Additional reports from Reuters.


http://tchadinfos.com/societes/bana-fanaye-chef-boko-haram-charge-tchad-nordcameroun-arrt-lant/
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Boko Haram Loses Fighters As Air Force, Army Repel Attack On Bita Village

The Nigerian Air Force, NAF, in a combined effort with the ground troops of the Nigerian Army, have successfully repelled an attack on Bita Village by Boko Haram insurgents.

The Nigerian Air Force, using its Alpha-Jet, provided combat air support to the ground force to attack the insurgents where they were observed to be mopping up to carry out a deadly attack on the village.

Director of Information, Nigerian Air Force, Air Commodore Dele Alonge, in a statement, said many Boko Haram fighters were killed and several others were injured.

Thereafter, the NAF A-Jet conducted an armed reconnaissance along Bita-Gwoza road and through Yamtege, Hamdaga, Dure and Pulka.

The statement assured that NAF will continue to give all necessary support to the ground force through its intensified and persistent efforts in the ongoing fight against Boko Haram terrorists in the North-East until all portions of Nigerian soil is safe and free from the insurgents.


http://dailypost.ng/2015/08/02/boko-haram-loses-fighters-as-air-force-army-repel-attack-on-bita-village/
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Re: Boko Haram Loses Fighters As Air Force, Army Repel Attack On Bita Village by TheFreeOne: 3:22pm
Kudos to our military.
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SUNDAY JATO REAL AGE

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