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JK: Boost Africa`s airline industry
President Jakaya Kikwete has called on Africa to improve airline industry, in order to attract more tourists from the developed world. Addressing the 47th Annual meeting of the African Development Bank and the 38th Annual meeting of AfDB here, Kikwete said: “It is astonishing to see that there are limited direct flights landing in Africa from developed countries like the US, European countries and as far as Asia, despite of our thrilling tourist destinations.” He said in the past, major international airline companies like Lufthansa used to land in Africa but today there are very few and some of them no longer land in Africa.EAC is a role model-AfDB
African Development Bank (AfDB) president Dr Donald Kaberuka yesterday stated that the East African Community (EAC) “is a role model bloc” for similar groupings to emulate in economic management. Speaking at a media breakfast meeting here, he explained that the AfDB has been treating the EAC region, as the flagship of Africa’s economy and a shining example which needs to be emulated by other states in the continent. “And that is outstanding, taking into consideration that the entire East Africa region does not have natural resources such as oil and gas, yet its economy has always been on the growth and resilient to global meltdown,” Dr Kaberuka said, adding that the EA economy has remained stable over the past eight years, despite series of global financial crunches.Investment bank due to receive over $500 million
The government is set to give Tanzania Investment Bank (TIB) between USD 400 to 500 million as seed money to allow it to have sizable buffers for long term financing and provision for new financing instruments. This was said by Deputy Minister for Finance Janet Mbene when opening the 38th Association of African Development Financing Institutions (AADFI) meeting in Arusha yesterday. Mbene said TIB will be given the funds to increase its capacity to intervene in development sectors, especially in infrastructure, before it goes on its own into the capital markets for its funding needs.Queen's Jubilee: Final preparations begin
Final preparations for the weekend's events celebrating the Queen's Diamond Jubilee are under way in London. At 04:00 BST a full dress rehearsal of Tuesday's carriage procession began between Westminster Hall and Buckingham Palace. The captains and crew of more than 1,000 boats that will sail along the River Thames in a flotilla on Sunday will also be briefed later.NHS 'too quick to resuscitate acutely-ill'
Some of the most frail elderly patients are suffering "distressing" deaths because hospitals are too quick to try to resuscitate them, a watchdog says. The National Confidential Enquiry into Patient Outcome and Death reviewed the care given to 585 acutely-ill patients who ended up having a cardiac arrest. The watchdog concluded that cardiopulmonary resuscitation (CPR) had wrongly become the default setting.MORE NEWS
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