Mandela's Wife Says Recession is Good for Africa: Black Business News


Mandela's wife: recession could be good for Africa

Nelson Mandela's wife says decreased aid to Africa due to the global recession could be a good thing for the continent. [Yahoo News]

Study: Breastfeeding Saves Lives and Money
Putting aside the benefits breastfeeding offers to mom and baby, a new study also finds that breastfeeding saves our country significant amounts in health care. The study, published in the current issue of Pediatrics, found that if 90% of mothers breastfeed for the first six months of their baby's lives, 900 babies would be saved from death each year and literally billions of dollars - $13 billion to be exact - would be saved. [My Gloss]



Prosthetics is big business in quake-hit Haiti
The earthquake that shattered so many lives in this Caribbean nation -- the poorest in the Western Hemisphere -- also tore apart an unfathomable number of limbs. Handicap International puts the number of Haitians who lost a limb to between 2,000 and 4,000. [Google News]

More Than 200,000 Could Lose Unemployment Benefits This Week
Thanks to congressional inaction, more than 200,000 laid-off workers could lose access to unemployment benefits this week, and no flood insurance policies will be renewed or issued until Congress returns on April 12 -- despite record long-term joblessness and record rainfall. [The Huffington Post]

Sandra Bullock and Jesse James: Prenup indicates husband gets no money if he cheats
If Jesse James thought that he may have another shot with his wife, he should probably think again, if the new reports are any indication of what is about to happen. Not only is Sandra Bullock allegedly preparing divorce papers, but the prenuptial agreement that exists between Bullock and James dictates that he will get no money from a divorce if he cheated. [Examiner.com]

Doing Business in South Africa: Taking Ethnic Haircare Back
Mary L. Harris is flipping the script on the black hair care industry. It's a pretty well known fact that the vast majority of black hair care products sold in the U.S. is not manufactured by black-owned businesses. Why does this matter? [Black Enterprise Blogs]

Bharti Agrees to Buy Zain Africa Assets for $9 Billion
Billionaire Sunil Mittal's Bharti Airtel Ltd. agreed to buy the African assets of Zain, Kuwait's largest phone operator, for $9 billion in cash in the second- biggest overseas acquisition by an Indian company. [Business Week]

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