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Business: How coal is doing better than gold

Amid instability in the oil markets and sharp losses for other commodities such as copper, you may be tempted to think gold is the best option for a positive return. But coal beats the metal. Coking coal futures on the Singapore Exchange, which mirror The Steel Index price for Australian free-on-board cargoes, ended at $159.98 […]

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COVID-19 hits 27 countries in Africa

The World Health Organisation (WHO) says there are now over 300 confirmed cases of Coronavirus in Africa. WHO Regional Office for Africa in Brazzaville, Congo, stated that 27 countries have been affected. The UN health agency relayed the information via its official Twitter account @WHOAFRO. It noted that Government of Benin on Monday confirmed the […]

African trade fair a ‘ forum for expanding export markets

The Department of Trade, Industry and Competition has invited companies to participate in the second Intra-African Trade Fair (IATF) set to take place in September in Rwanda’s capital, Kigali. The IATF provides a strategic platform to access an integrated African market of more than 1 billion people joined together by the African Continental Free Trade […]

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Somalia, Tanzania confirm first COVID-19 cases

Tanzania and Somalia on Monday confirmed their first cases of the coronavirus. Tanzania’s Health Minister called on citizen to remain calm, as a 46-year-old woman in the country tested positive for the virus, according to the Citizen, a local news website. Quoting Health Minister Ummy Mwalimu, the website said the woman had left Tanzania for […]

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Hospital nurses call off strike in kenya

Normal operations have resumed at the Mbagathi Hospital after its nurses called off their strike. Speaking to the Star on Monday evening, Mbagathi Hospital chairman George Osewe said the decision was arrived at after a consultative meeting involving the hospital’s management, National Government and Kenyatta National Hospital representatives. “There was a disconnect between KNH and […]

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Education department dismisses fake news about school closures

The department slammed fraudulent attempts to confuse the public, which might contribute to ‘hysteria’. The department of basic education dismissed as fake news a document purporting to be a circular saying that schools would close for four weeks from Monday. “South Africans must ignore the misleading document as it was not issued by the department. […]

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South Africa counts economic impact of COVID-19

South Africa has recorded the highest level of infection of Covid-19 in the southern Africa region since its outbreak. Growth is expected to contract by 1.5 percent in the first 3 months, as the virus threatens two of its main sources of income: mining and tourism. The report issued by a subsidiary of the auditing […]

Central African economic bloc discussed at Brazzaville event

These are six panels which followed one another to take stock of the economic situation of the countries of Central Africa, during an event focusing on the financial market held in Brazzaville, capital of the Republic of Congo. Among the main objectives of the event was to present the new opportunities offered by the unified […]

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Toolz Oniru removes husband’s name from social media

Sensational Nigerian OAP, Toolz Oniru has removed her husband’s name from her Instagram page. The Beat99.9FM Star used to have her husband, Tunde Demuren’s name as part of her name on the social media platform. However, a recent check on the page revealed that she has yanked that off the page thereby sparking questions whether […]

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Lagos explosion kills at least 17 people

Huge plumes of dark smoke billows in the air at the site of a major explosion in Lagos Sunday as dead bodies were carried away. A resident recounts the disturbing and tragic incident that killed at least 17 people. “This morning I woke up, I was going to the gym when I heard an explosion. […]

President Peter Mutharika of Malawi dissolves cabinet

President of Malawi Peter Mutharika has dissolved his cabinet 150 days before the country is due to hold a fresh election. A statement released by the government chief secretary Lloyd Muhara at the weekend said the president was exercising his discretionary powers to hire a new cabinet. Malawi has been experiencing political turmoil since the […]

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Security: Fear of coup grips Zimbabwe President

President Emmerson Mnangagwa’s security details went into overdrive during an event at the Zanu PF leader’s Kwekwe farm, going to the extent of using a drone in scouring for potential threats. Guests that sat with Mnangagwa at the VVIP tent during a field day held at his farm last Thursday revealed that close circuit television […]

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What led to Sanusi’s dethronement – Tanko Yakasai

Alhaji Tanko Yakasai, a northern politician and founding member of the Arewa Consultative Forum has adduced reasons for the fate of dethronement that befell former Emir of Kano, Sanusi Lamido Sanusi, on 9 March 2020. In an interview with Sunday PUNCH, Yakasai said the first reason was that Emir Sanusi believed he held allegiance to […]

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Turkish servicemen killed in Libya’s Mitiga Airport attack-LNA

The Libyan National Army said it had killed Turkish servicemen stationed at Mitiga Airport in Tripoli, the Russia news website Sputnik reported on Sunday. LNA spokesperson Ahmad al-Mismari said that Turkish military targets, including radars and air defences, located at Mitiga Airport had been struck by the LNA for several days. Turkey has been sending […]

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Sudan closes schools and universities over COVID-19

Sudan’s has ordered the closure of schools and universities for one month from Saturday to control the spread of coronavirus, a statement from the cabinet said. The statement said all public gatherings, such as weddings and social events, will also be banned. On Friday, Sudan announced its first case of the novel coronavirus following the […]

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Oil Pipeline shut down in Lagos After Explosion

The Nigerian National Petroleum Corporation has shut down oil pipelines around Abule Ado area of Lagos following multiple explosions that rocked the community on Sunday morning, leading to fire outbreak. The incident also led to the destruction of several houses with residents seen hurriedly removing personal items from some of the affected buildings. Various sources […]

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AERC creates plan to reduce food challenges

The African Economic Research Consortium (AERC), with support from the Bill and Melinda Gates Foundation since 2016, has implemented a number of activities under the “Analysis of the Impact of Agricultural, Food and Nutrition Policies on Nutrition Outcomes in Africa” (AFPON) programme. The AFPON project seeks to contribute to the recent interest in leveraging agricultural […]