Yield-hungry investors to blame for Africa debt crisis

Economists under the International Development Economics Associates Limited (IDEAs), are asking creditors extending trillions of shillings to African countries including Kenya to refrain from dumping expensive loans without care of how the money is going to be used. Calls for Africa to be wary of “yield-hungry” investors luring the continent into haphazard debts came up…

Read More

Taylor Swift’s father will not face charges for alleged paparazzi assault, Australian police say

Taylor Swift’s father will not face charges for allegedly assaulting a paparazzi photographer in Sydney last month, Australian police have confirmed. Officers “have conducted an investigation following a report of an assault at Neutral Bay Wharf (in Sydney) at about 2:30 a.m. local time on 27 February,” a spokesperson for the New South Wales (NSW)…

Read More