Monday, June 12, 2017
Sunday, June 11, 2017
South Africa falls into second recession in a decade
South Africa has fallen into recession for the first time in eight years after economic growth shrank by 0.7% between January and March. The downturn, due to weak manufacturing and trade, follows a 0.3% fall in GDP in the final quarter last year.
It is the first time that economic has slowed for two consecutive quarters – the technical definition of a recession – since 2009.
The lavish lifestyle of billionaire kidnapper Evans
The lavish lifestyle of the billionaire kidnapper Evans has emerged, with his confession that he splashed his loot in buying a wristwatch for $170,000
He also bought three phones for $6000 each and bought two houses in highbrow Magodo Estate in Lagos and another house in Ghana. Evans was arrested in one of the houses in Lagos on Saturday, after eluding police radar for five years. According to Vanguard, Evans real name, Chukwudubem Onwuamadike,is from Umudim, Nnewi in Anambra state.