South African retailer Pepkor Holdings has today announced that it will be leaving Zimbabwe citing poor performance due to the deteriorating economy. The company’s statement comes when Zimbabwe is submerged in severe shortages of foreign currency, fuel and electricity which have caused inflation to rise risking reviving memories of 2008 when it reached a 231 […]
The Ghana Stock Exchange (GSE), in its aspirations to transform into an efficient, world class platform for investments and raising capital, has signed and exchanged a Memorandum of Understanding with the Singapore Cooperation Enterprise (SCE). SCE, an agency of the Ministry of Trade and Industry and the Ministry of Foreign Affairs of Singapore, works closely […]
Former Deputy Minister of Justice, Legal and Parliamentary Affairs, Obert Gutu who is also the Vice President of the opposition MDC led by Thokozani Khupe has claimed that there are some quarters who were not amused when investors were coming to Zimbabwe. Posting on microblogging site, Twitter, Gutu said: Level of negativity within certain circles […]
The Future Awards Africa was held at The Balmoral, Federal Palace, Victoria Island, Lagos on Sunday, attracting young professionals from across Africa. Afropop musician, Burna Boy, won the biggest awards of the night, The Young Person of the Year and The Future Award Prize for Music. Sunday’s event saw the awards, which is in its […]
Senior officials of MDC have said that they do not want another military coup in Zimbabwe. Since the return of Vice President Constantino Chiwenga from China on Saturday morning, there has been speculation that the opposition is keen for him to lead another coup. Presidential Advisory Council member, Trevor Ncube claimed the MDC is praying […]
Ace Ghanaian Investigative reporter, Anas Aremeyaw Anas was on Friday, November 22nd, at the maiden Ghana NiBs Innovations Awards, recognised for his outstanding contribution to the economy of Ghana. The NiBs Innovation Awards seeks to recognise individuals and organisations that contribute in significant, sustainable and innovative ways, towards the forward march of Ghanaian industry. The […]
Africa is likely to become one of the world’s top medical cannabis growers, a group of researchers, scientists and entrepreneurs said on Monday. Jordan Curl, Cultivation and Extraction Specialist at Israeli Cannabis Research and Investment firm ICAN told more than 500 delegates at the CannaTech conference in Cape Town, South Africa. “Africa will become the […]
NFF President Amaju Pinnick has met with Queens Park Rangers midfielder Ebere Eze in London over the possible switch to Super Eagles ahead of England The 46-year-old football administration was at Craven Cottage to watch the English Champions encounter Fulham 2-1 victory over QPR on Friday night to watch the Nigerian descent in action to […]
Tanzania on Sunday held local government elections, viewed as a test case ahead of national polls next year, with the main opposition party boycotting the ballot citing violence and intimidation. The long-ruling Chama Cha Mapinduzi (CCM) party of President John Magufuli is therefore set for a sweeping victory. The nationwide polls, with over 19 million […]
President Muhammadu Buhari has said Nigeria has no reason to remain underdeveloped. He therefore identified technology as a catalyst for the country’s development. The President, who was represented on Saturday by Vice-President Yemi Osinbajo at the graduation ceremony of Senior Executive Course 41 of the National Institute for Policy and Strategic Studies, Kuru, Jos, said […]
Deputy President William Ruto has insisted that Kenyans should not be coerced to support Building Bridges Initiative (BBI) report. Speaking at Muraga Technical Training Institute in Tharaka-Nithi County on Saturday, Dr Ruto said Kenyans must be given enough time to read the BBI report in order to make an informed decision on whether to support […]
Afro fusion artiste, Burna Boy has made another history as he has been adjudged the overall Best Artiste in Africa. He also won Best Male Artiste from West Africa award. The hit maker, who few days ago was nominated for a Grammy award in the Best World Music Album category defeated the likes of Davido […]
Africa’s decolonisation is far from being complete as the United Kingdom holds onto an archipelago, a group of islands in the Indian ocean as its colony. And this is despite UN resolution asking the old colonialist to leave. The islands belong to Mauritius, but UK declined to let them go in 1965, when the country […]
Detectives from the Directorate of Criminal Investigations have seized counterfeit cigarettes worth over Sh.18 million in Nairobi. Area regional police commander Philip Ndolo said that the consignment was confiscated by the sleuths at Kenyatta Market in Kilimani following a tip-off by members of the public on Friday. Four suspects; Paul Njoroge, Kefa Onyango, Joseph Kariuki […]
Zimbabwe’s president Emmerson Mnangagwa has said that he arranged VP Chiwenga’s hospitalisation in China directly with China’s President Xi Jinping. Mnangagwa revealed this to journalists after meeting Chiwenga’s at his home yesterday. I am confident that now the whole of Zimbabwe knows that the Vice-President is back and fit, and he is very clear and […]
LThe founder and CEO of one of Nigeria’s largest airlines, Air Peace, has been indicted by the U.S. Department of Justice on charges of bank fraud and money laundering for the alleged illegal movement of more than $20 million, the department said. Allen Onyema was accused of transferring the money from Nigeria through U.S. bank […]
An aeroplane being delivered to Tanzania’s national airline has been impounded in Canada over a Namibian-born farmer’s $33-million compensation claim, Tanzania’s foreign minister said Saturday. The DHC Dash 8-400 aircraft, a turboprop also known as the Bombardier Q400 which seats up to 90 people, is the second to be seized in connection with case. In […]
Second-half goals from Luis Suarez and Arturo Vidal see as Barcelona come from behind to beat Kenneth Omeruo’s Leganes 2-1 in the La Liga encounter at Estadio Municipal de Butarque on Saturday afternoon early kick-off. Youssef En-Nesyri’s thunderous shot arrowed into the top corner to hand Leganes the lead with the game just twelve minutes. […]
Vice President Constantino Chiwenga is back in Zimbabwe in time for the Zanu PF annual conference scheduled for 11 to 16 December in Goromonzi. He returned to Zimbabwe earlier today and was welcomed at the airport by a delegation of Chinese people and some relatives. With his return imminent, a Zanu PF insider commented earlier […]
The Debt Management Office (DMO) says that Nigerian’s total debt profile is N25.7 trillion. The Director-General of the office, Patience Oniha, announced this while addressing House of Representatives Committee on Public Account on Friday in Abuja. “As at June 2019, our debt profile is at N25.7 trillion; this includes the federal, states governments and the […]