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A massive explosion erupted in Lebanon's capital Beirut on Tuesday, August 4.    The afternoon blast shook several parts of the capital with Local Red Cross reporting hundreds injured and widespread damage.   Local TV stations reported the blast was at Beirut's port inside an area where firecrackers were stored, while an Associated Press photographer near Beirut's port said he witnessed people wounded on the ground and widespread destruction in central Beirut.   Watch the videos below.

It is no longer news that Shoprite, Africa’s largest retailer has considered a potential divestment from its Nigerian operation. But the big question is, can the local retailers and manufacturers deal with the unbeatable price equilibrium which Shoprite has maintained in the last 15 years?  Despite the fact that economic and investment experts argue that the greatest impediment to Nigeria’s economic growth and development is due to the activities of multinational companies in the country, it can however be deduced that these companies have provided more services than any other domestic retailer in history. Their place has kept price levels at a very good position over the years and that explains why most Nigerians are happy patronizing them. In the telecommunications industry, Globacom has become a pain in the ass of many Nigerians. The idea behind the activities of Globacom is to bridge the gap between the two important classes in the society and obviously they have not achieved a...

 A cat detained at Sri Lanka's main prison for allegedly trying to smuggle drugs and cell phone SIM cards, has escaped from custody.    The smuggling attempt was busted by the jail intelligence officials on Saturday August 1, at the high-security Welikada Prison. A police official said nearly two grams of heroin, two SIM cards and a memory chip were found in a small plastic bag tied around the cat's neck.   Aruna newspaper however reported that the cat escaped on Sunday August 2, from a prison room where it was kept.  While there is no immediate comment from the prison authorities, it was however gathered that the management of the correctional facility had reported an increase in incidents of people throwing small packets of drugs, cell phones and phone chargers over the walls in recent weeks.   Police last week seized an eagle allegedly used by drug traffickers to distribute narcotics in a suburb of Colombo.   Investigations are p...