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Paul Kagame wins Rwandan election to secure third term

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The former guerrilla leader extends his 17 years of rule by securing a huge majority of the vote. Rwandan President Paul Kagame has secured a third term in office with around 98% of votes, partial results have showed. With 80% of votes accounted for, the 59-year-old former guerrilla leader has extended his 17 years in power of the east African nation. National Electoral Commission spokesman Charles Munyaneza told a news conference Mr Kagame secured 98.66% of the vote. Frank Habineza of the Democratic Green Party - the only permitted critical opposition party - won 0.45% of votes and independent candidate Philippe Mpayimana scored 0.72. Full provisional results will come through later on Saturday. The commission estimates 97% of 6.9 million voters turned out to cast their ballots. Mr Kagame has won international plaudits for presiding over a peaceful and rapid economic recovery since the 1994 genocide. But critics also accuse him of human rights abuses, a muzz...
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Rolls-Royce safeguards 7,000 UK jobs after announcing £150m investment

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The investment is the firm's biggest in the UK for more than a decade and is welcomed as a vote of confidence in the economy. Engine maker Rolls-Royce is investing £150m in UK aerospace facilities in a move that will safeguard more than 7,000 jobs. It is the Derby-based group's biggest single investment in the UK for more than a decade. The announcement was welcomed by the Government amid fears that some companies are putting off decisions due to Brexit uncertainty. Rolls-Royce said it was investing over the next few years in new and existing facilities across the East Midlands. It is creating a new facility in Derby for testing large aero engines, resulting in up to 200 jobs, while plans to close a precision machining facility in the town have been scrapped, saving 150 jobs that had previously been at risk. The announcement is part of the global group's plans to double engine production and follows months of talks with unions. They have agreed worker...
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Mt Gox bitcoin exchange boss pleads not guilty to embezzlement

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The collapse of the Mt. Gox bitcoin exchange for bitcoin followed the alleged theft of almost £387m in the cryptocurrency. The CEO of a Bitcoin exchange which lost millions of dollars worth of the cryptocurrency has pleaded not guilty to charges relating to the loss. Mark Karpeles, a 32-year-old French national, was answering charges of embezzlement and data manipulation at the Tokyo District Court. In court in Tokyo, the CEO's defence explained that a transfer of just over £2m from an account which managed customers' funds to an external account was not embezzlement, but a legitimate transfer based on the company's revenue. Karpeles is also alleged to have illegitimately increased the value of bitcoin in an account on Mt. Gox under his own name. He told the court in Japanese: "I swear to God that I am innocent." Karpeles founded and operated the bitcoin exchange Mt. Gox between 2010 and 2014, during which time the cryptocurrency exploded in v...
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