Twitter.com Stock Seen As Overrated

tambirai.com

By Masimba Biriwasha | Global Editor At Large | December 30 2013 | @ChiefKMasimba

The 140 character-limit micro-blogging platform, Twitter, which launched on the New York Stock Exchange (NYSE) to much aplomb in November has been in the news headlines recently for being overrated with its rise seen as largely a product of speculation.

There are fears among analysts that the company’s shares, currently trading at $60.27, are overpriced. Twitter’s stock has been on an upward trend ever since it went public on November 6 at $26, reaching a high of $74 before taking a huge shed.

“At $45 billion, the company may have the highest market value of any firm that isn’t generating any earnings since the dotcom bubble of 1999-2000,” New York Times quoted Barron’s, an investment advisory publication.

It is estimated that are 230 million active users on Twitter who post an average of 500 million Tweets every day but questions…

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Dar es Salaam University ranked 4th among 100 top African universities

Campus Post

A new ranking has placed the University of Dar es Salaam (UDSM) fourth among 100 top African universities.

UDSM has been placed behind the University of South Africa, University of Cape Town and University of Stellenbosch, all of South Africa, according to the Webometrics Ranking of World Universities.

The ranking, also known as Ranking Web of World Universities, aims at providing reliable, multi-dimensional, updated and useful information about the performance of universities from all over the world based on their web presence and impact.

Its objective is to improve the presence of academic and research institutions on the Web and to promote the open access publication of scientific results.

UDSM Vice-Chancellor Rwekaza Mukandala yesterday attributed the university’s high placing to a new strategy aimed at boosting general academic achievement and performance.

“With the assistance of the government, we have managed to add more lecture theatres and other necessary academic requirements…

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South Sudan peace talks to start in Ethiopia

Africa - News and Analysis

BBC

South Sudan rivals to open peace talks

Talks between South Sudan’s government and rebels are due to start later on Tuesday, mediators say.

The two sides are expected to reach an agreement on the cessation of hostilities, they said.

The talks are the first since conflict erupted two weeks ago between forces loyal to President Salva Kiir and his sacked deputy, Riek Machar.

The meeting will take place in Ethiopia, following mediation efforts by East African leaders.

Representatives of Mr Kiir and Mr Machar would meet in the capital, Addis Ababa, to diffuse tensions in South Sudan, the Ethiopian government said in a statement.

“The two sides are expected to reach an agreement on the cessation of hostilities and peaceful resolution of the current political crisis,” the statement added. bbc

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South Sudan’s warring sides agree a ceasefire but fighting goes on

Africa - News and Analysis

Mail and Guardian

South Sudan’s government and rebels have agreed a ceasefire but there has been no end to ethnic fighting.

South Sudan's government and rebels have agreed a ceasefire but there has been no end to ethnic fighting. (Reuters)                    
South Sudan’s government and rebels have agreed a ceasefire but there has been no end to ethnic fighting. (Reuters)
                                   

South Sudan’s government and rebels agreed a ceasefire on Tuesday, mediators said, though there was no immediate confirmation from either side or sign of an end to ethnic fighting that has ravaged the world’s youngest nation.

Less than two hours before the deal was announced, officials said militias loyal to ex vice-president Riek Machar were still fighting in Bor, the main town in the vast, underdeveloped Jonglei state and the site of an ethnic massacre in 1991.

“We will retake the part we lost very soon,” Bor’s mayor, Nhial Majak Nhial, told Reuters.

A rebel spokesperson in neighbouring Unity state said the rebels had taken the town…

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Children targeted in Central African Republic revenge attacks

Africa - News and Analysis

BBC

CAR conflict: Unicef says children ‘beheaded’ in Bangui

People fleeing Bangui sit in a truck (30 December 2013)More needs to be done to protect children, Unicef says

At least two children have been been beheaded in the Central African Republic’s capital as violence sinks to a “vicious new low”, the UN has said.

About 16 children had been killed in Bangui since 5 December and an increasing number of them are being recruited into armed groups, it added.

The violence has mostly pitted Christian and Muslim militias against each other.

The UN said children were being directly targeted in revenge attacks.

The CAR is ruled by Muslim ex-rebel leader Michel Djotodia, who seized power in March forcing then-President Francois Bozize, who came from the majority Christian population, to flee into exile.

Targeted attacks against children are a violation of international humanitarian and human rights law and must stop immediately”  Souleymane Diabate Unicef official

‘Atrocious attacks’

About 100,000 people…

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D Congo – KInshasa airport and TV station attacked by religious movement

Africa - News and Analysis

Reuters

(Reuters) – Gunmen attacked the airport and seized control of the state television headquarters in the capital of Democratic Republic of Congo on Monday in what appeared to be an attempt to seize power by supporters of religious leader Paul Joseph Mukungubila.

Police put a security cordon around the state television building where gunmen had taken several people hostage, journalists told Reuters. Witnesses also reported shooting at the Tshatshi military camp, close to the Defence Ministry.

Congo, a vast country at the heart of Africa, is struggling to emerge from decades of violence and instability, particularly in its mineral-rich east, in which millions of people have died, mostly from hunger and disease. The country is home to a 21,000-strong United Nations peacekeeping mission (MONUSCO).

Before transmission was shut down at state television, two gunmen appeared on camera to deliver what appeared to be a political message against President Joseph…

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Why ALFRED KETTER is a loaded gun pointing at WILLIAM RUTO

William Ruto is an interesting man. Witty,driven,sharp,brilliant and very calculating. Surely I must admit my admiration for the son of Samoei. To his people the Kalenjin he is some sort of messiah. But Ruto is also a worried man.
Allow me to suggest that he is like a man who hates his father and he hopes to never be anything like his father but he begins to notice traces of his father’s habits in himself and it gives him the shakes! The father in question is one “Jakom Baba” ie Raila Odinga. You see Mr. Ruto wants to be as different as possible from his former leader Raila Odinga. First,Odinga rules a dynasty that is Nyanza Kenya. His word is law. On the other hand Ruto is aware of the gangrene that such a position may cause to spread in his relatively young political life. He wants to be seen…

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Monday Blog Roundup – 12-30-2013