Business

ECONOMIC experts believe that the recent move by the Reserve Bank of Zimbabwe (RBZ) to incept digital gold coins is a step in the right direction and consistent with global best practices. The bullion coins were introduced as a measure to provide th..

OVER a hundred people took to President Emmerson Mnangagwa's social media handles to vent their frustrations at revelations of massive looting by those close to him, termed Gold Mafia by international broadcaster Al Jazeera. Al Jazeera's I..

The Nigeria's National Petroleum Company Limited (NNPCL) is planing to invest about $12.5 billion to secure a 50 per cent equity stake in the $25 billion Nigeria-Morocco Gas Pipeline project. The investment plan is being made possible after par..

Cape Town — Heavy rainfall in the north-eastern DR Congo - affecting the North Kivu Province - caused a landslide that has led to the deaths of 19 people, and injured several others across the Bulwa village (Masisi territory in southern North Kivu Pr..

From 2012 Credit Suisse (CS) bribed senior Mozambicans to take a totally useless $2bn loan, which helped to save the bank - one of the very big global banks and supposedly respectable because it was regulated by Switzerland. The chart below shows the..

South Africa's Rail Network Needs Urgent Repair MoneyWeb reports that the Africa Rail Industry Association suggests that South Africa's railway network, which is responsible for 80% of Africa's total network, needs to be reduced to no..

When Elizabeth Migwalla chose electrical engineering as her major at Nairobi University in the mid-1970s, “women didn't do that,” she recalled in a recent interview. After more than three decades in the telecommunications field, she is currently..

Cape Town — A deal between English Premier League team Tottenham Hotspur FC and the South African Department of Tourism has been scrapped. Tourism Minister Patricia de Lille made the announcement and attributed the change in plan - which aimed to hav..

Parts of the country are expected to experience interruptions in power supply for 14-days as the Ghana Gas Company Limited temporarily shuts down its Atuabo Gas Processing Plant for maintenance. According to the Ministry of Energy, the exercise, sta..

Nairobi — President William Ruto has promises full accountability against "economic terrorists" out to destabilize the country's business environment. In a veiled reference to opposition leader Raila Odinga who led a chaotic conformation with t..

Addis Ababa, 21 March 2023 (ECA) - Africa should deploy innovative resource mobilization and accelerate economic recovery from multiple crises which have eroded two decades of development gains and increased poverty, Ministers of Finance have urged. ..

Cape Town — Power Crisis: Infrastructure Problems More to Blame Than Corruption - Electricity Minister Electricity Minister Kgosientsho Ramokgopa is leading an eight-day assessment tour to power stations across the country, EyeWitness News reports. ..