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Pensioners fight to survive as Zimbabwe flounders

  Harare / AFP They sleep outside banks, skimp on meals and sell flowers in hospitals. After long years of work, Zimbabwe’s pensioners are struggling to survive old age as the country’s economy collapses. With banks short of cash to pay out pensions, 80-year-old Gift Kaondera-Shava, a former truck driver, bus conductor and factory supervisor, now scrambles to feed himself ...

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Egypt inches towards IMF bailout as shortages, prices enrage

CAIRO / AP For two weeks now, the shelf once piled with bags of sugar — for better or worse Egypt’s most loved commodity — has stood empty at this grocery store in bustling downtown Cairo. “This is nothing — they’re missing even more things in my village,” said Mahmoud Sulayman, a former army conscript from the Nile Delta now ...

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Etisalat Misr, Vodafone Egypt sign 4G licence deals in Egypt

  Reuters Vodafone Egypt and Etisalat Misr have signed licence deals allowing them to operate fourth-generation (4G) mobile services in Egypt, the country’s telecoms regulator said on Sunday. Egypt is selling four 4G licences as part of a long-awaited plan to reform the telecoms sector and to raise money for stretched government finances. The country’s three existing mobile phone operators ...

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