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Dec 30, 2012 at 5:16pm
CAR's embattled President Bozize ready to form unity government with rebels
Central African Republic leader Francois Bozize says he is ready to form a national unity government with rebels, as they continue their advance towards the capital Bangui.

Mr Bozize's remarks came after a meeting with African Union chairman Thomas Boni Yayi.

He said he would hold peace talks with rebels in Gabon, and will step down when his term ends in 2016.

The rebels had pledged to depose Mr Bozize unless he negotiated with them.
Reports say President Bozize is growing weaker both politically and militarily by the minute.

In Bangui, residents have reported sharp rises in staple food prices as the rebels draw closer.

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