TANZANIA CLOSES NDUTA CAMP HOUSING THOUSANDS OF BURUNDI REFUGEES. (PHOTO).

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 Tanzania closes Nduta camp housing thousands of Burundi refugees Tanzania has closed a camp housing thousands of Burundian refugees and repatriated all but a handful, activists and the United Nations said. Burundian refugees have complained in recent months of being forcibly evicted from the Nduta camp in northwestern Tanzania, following a deal between the governments in Dar Es Salaam and Bujumbura to repatriate around 100,000 of them by June. As of late 2025, there were an estimated 142,000 Burundian refugees housed in two Tanzanian camps - Nduta and Nyarugusu, according to the United Nations refugee agency (UNHCR). "The approximately 3,000 refugees who remained in the (Nduta) camp were forcibly loaded onto vehicles to be sent back to Burundi on Thursday," the Coalition for Human Rights/Living in Refugee Camps (CDH/VICAR) said, AFP reported. "Only around 10 families remained on site, awaiting transfer to the Nyarugusu camp, where 198 families had already been sent foll...
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7-ELEVEN OWNER REJECTS $38 BILLION TAKEOVER BID FROM CANADIAN RIVAL. (PHOTO).

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7-Eleven Owner Rejects $38 Billion Takeover Bid from Canadian Rival 


The Japanese owner of 7-Eleven, Seven & i Holdings, has rejected a $38 billion takeover bid from Canadian company Alimentation Couche-Tard (ACT), citing that the offer "grossly undervalued" the business and raised significant regulatory concerns. While Seven & i expressed openness to further negotiations, they emphasized that ACT's initial proposal was "opportunistically timed" and did not reflect the true value of the company or its potential for future growth. The takeover, if successful, would create a global convenience store giant with over 100,000 stores worldwide.


ACT, which operates around 17,000 stores under the Circle K and Couche-Tard brands, valued Seven & i at $14.86 per share, representing a 20% premium over its pre-announcement share price. The offer came at a time when the Japanese yen is weak against the US dollar, making Seven & i more affordable to foreign buyers. However, the Japanese retail giant flagged potential challenges from US competition regulators and reiterated that the deal was not aligned with its shareholder value goals.


The potential acquisition would mark the first time a Japanese company of Seven & i's size has been bought by a foreign firm. Historically, Japan has been more inclined to purchase overseas businesses rather than sell national assets. Experts suggest that if the deal succeeds, it could signal Japan's openness to foreign investment, though the negotiation process is expected to be long and complex.

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