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Zimbabwe’s forex inflows fall just when they are needed most

Zimbabwe’s foreign currency inflows fell 24% for the six months to June 2019, at a time when the country is needing to pay for key imports from fertilizers and maize to electricity. According to the latest figures published by the Reserve Bank of Zimbabwe, foreign currency receipts for the first half of the year fell […]

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India to proceed with Mahatma Ghandi statue in Malawi but changes site

Indian government will proceed with its plans to erect a bust of Indian nationalist Mahatma Ghandi in Blantyre but changed plans from having it at an open site to put it inside Mahatma Ghandi International Convention Centre after a public backlash. Two individuals—Pemphero Mphande and Mkotama Katenga-Kaunda—obtained a court order against the contractor, Plem Construction […]

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Mugabe Was A ‘Formidable Warrior’ – Rawlings’ Tribute On Behalf Of Government

Former President Jerry John Rawlings has paid glowing tribute to the late President of Zimbabwe on behalf of government and people of Ghana. At the funeral of Robert Mugabe Saturday, in the capital Harare, he described the late leader as a “formidable warrior.” “Ghanaians, especially those familiar with Africa’s epic struggle for freedom, justice and […]

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ED Threatened Mugabe Family In-order To Get Them To Accept Heroes Burial – Report

The Standard has exclusively revealed that ED threatened the Mugabe family to get the family to agree to bury Mugabe at the heroes acre. The publication says it is in possession of recordings that exposes the government threatening Grace that she will lose her Harare Mansion if they antagonised the government over Mugabe ‘s final […]

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Nigeria Election: Buhari Speaks On Being Under Tension Before Victory Over Atiku

The presidency on Saturday reacted to what it called a twisted story with malicious intent published with the front page headline, “Tribunal: Buhari retracts, confesses he was under tension.” Femi Adesina, Special Adviser to the President on Media and Publicity, fired back in a statement on Saturday. It said the news story was derived from […]

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No Extension of Deadline for Old Sh1,000 Notes – CBK

The deadline for Kenya’s withdrawal of the old Sh1,000 notes will not be extended, Central Bank Governor Patrick Njoroge has said. Dr Njoroge has reiterated that come September 30, the notes will no longer have value and will only be good for “lighting jikos”. “I want you to take this message to every corner of […]

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Mugabe Burial Shrine Construction Process Begins

The government has started the process of constructing the mausoleum where former President Mugabe’s remains will be interred it has emerged. This was revealed by Mr Nick Mangwana who spoke to journalists at the national stadium yesterday when he said designing the shrine for the burial had begun. Mangwana said: I don’t know when the […]

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Wife of Tunisia’s Late President, Beji Caid Essebsi is Dead

The wife of Tunisia’s late president, Beji Caid Essebsi died on Sunday, as Tunisians were voting to elect his successor less than two months after his death. “My mother Chadlia, widow of Béji Caïd Essebsi, is dead, God bless her,” their son Hafedh Caïd Essebsi said on Facebook. Listwand recalls that Mrs Essebsi, 83, in […]

36 people dead as a cargo and passenger ship sinked in the DRC

Thirty-six people have been declared missing when a cargo and passenger ship sank on the Congo River in the Kinshasa region, capital of the Democratic Republic of Congo, police announced on Sunday. The death toll from the sinking of a “whaling ship” in Congo is “36 missing persons and 76 survivors”, police reported on twitter. […]

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Cameroon: Gov’t succours more IDP faimilies in Bamenda

Over 300 internally displaced families in the North West Regions have received support from the government to help them regain their normal life. The distribution of the food items fall in line with the Humanitarian assistance plan put in place by the head of state and coordinated by the Minister of Territorial Administration Paul Atanga […]

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Egypt’s Sisi rebuffs videos alleging corruption

Egyptian president Abdel Fattah al-Sisi on Saturday said the allegations of corruption within the army and government were “lies and slander”, in his first public response to graft accusations that have gone viral online. “I swear to God, these are lies and slander,” Sisi told a youth conference in the capital Cairo, referring to the […]

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UAE invests $4m to lift women out of poverty in Liberia

The UAE will invest $4 million (Dh14.6 million) in a project to lift rural women in Liberia out of poverty The Ministry of Foreign Affairs and International Co-operation, Abu Dhabi green energy company Masdar and the UN’s Food and Agriculture Organisation signed the agreement on Monday. The project will help 1,500 rural Liberian women to […]

Prosus Naspers lists its giant Tencent stake in Amsterdam

A South African company just created Europe’s biggest consumer tech group

Naspers, the South African media company that hit the jackpot with an early investment in Tencent, on Wednesday spun out its 31% stake in the Chinese internet group by listing a new company on Amsterdam’s stock exchange. Called Prosus, the company was worth €95 billion ($105 billion) at listing, making it the biggest consumer tech […]

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IMF sees Namibia growing in 2020 after three-year contraction

Namibia’s economy will return to growth in 2020 after contracting for three straight years, but a failure to implement structural reforms could keep the southwest African nation stuck in a low-growth trap, according to the International Monetary Fund. The economy of the world’s largest marine-diamond producer has been hit by a regional drought and a […]

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Nigeria: Onuachu scores debut goal in Genk defeat

Super Eagles forward, Paul Onuachu scores debut goal in KRC Genk 2-1 away defeat against Sporting Charleroi in Belgium Jupiler League. The 25-year-old, who joined the Belgian side from Danish club FC Midtjylland on transfer deadline day, started his first league game as the visitors went in search of their fourth league win of the […]

South Africa unlikely to meet its growth forecast of 1.5% – Finance minister

South Africa’s economic growth is unlikely to reach the treasury’s target of 1.5% in 2019 because conditions have changed and the country is facing increasing headwinds, Finance Minister Tito Mboweni said on Friday. This week ratings agency Moody’s, the last of the top three credit firms to rate South Africa’s debt at investment level, said […]

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Mugabe stood out in anti-colonial struggle – VP Osinbajo

Former Zimbabwean President Robert Mugabe stood out as a leader because of his zeal, passion and selfless commitment to the emancipation of the people of Zimbabwe and the self realisation of black people everywhere. This view was expressed by Vice President Yemi Osinbajo, SAN, on arrival in Harare Friday night to attend the funeral of […]