News & Events

First African king to present rural development at the UN
Fri, 15 Jul 2016 16:29:47 GMT

Uganda: Inside the Crisis at MTN Uganda
    [Monitor] Kampala -The saga involving government and MTN Uganda bigwigs, which has been unfolding for months, appears to have reached a climax on Thursday night with the deportation of the telecom's chief executive officer, Wim Vanhelleputte.
Sat, 16 Feb 2019 12:11:53 GMT
Kenya: Rise and Rise of Kenyatta Empire
    [Nation] Feuds and disagreements have torn apart many family businesses in Kenya. Many such collapses has been witnessed and reported in the recent past.
Sat, 16 Feb 2019 11:05:00 GMT
Zimbabwe: Battlefields Mining Incident Declared State of Disaster
    [The Herald] President Mnangagwa has declared a State of Disaster the incident in which between 60 and 70 artisanal miners are believed to have perished after mining shafts at Cricket No 3 and Jongwe Mining Cooperative mines in Mhondoro-Ngezi were flooded on Tuesday.
Sat, 16 Feb 2019 09:01:09 GMT
Zimbabwe: Inflation Rate Surges to 57%
    [New Zimbabwe] ZIMBABWE'S inflation rate has surged to a ten year record of 56.90 percent, according to figures released by the country's statistics agency.
Sat, 16 Feb 2019 07:12:19 GMT
Africa: Diasporas to the Rescue for Investment?
    [The Conversation Africa] In times of conflict, many economies flounder. Investors and the private sector tend to be averse to risk, and will avoid putting money into countries where peace and security are not guaranteed.
Fri, 15 Feb 2019 15:07:33 GMT
Africa: How Illegal Trade Is Wiping Out the African Grey Parrot
    [East African] When A flock of African Grey Parrots flew overhead in Kakamega Rain forest in western Kenya, we were elated.
Fri, 15 Feb 2019 15:03:01 GMT
Nigeria: Inflation Dropped to 11.37% in January
    [Leadership] The rate at which the prices of goods and services in Nigeria rise, declined in January 2019 as the consumer price index (CPI), which measures inflation, increased by 11.37 per cent, at 0.07 per cent points lower than 11.44 per cent that was recorded in December 2018, according to figures released by the National Bureau of Statistics (NBS), yesterday.
Sat, 16 Feb 2019 07:52:53 GMT
Nigeria: Nigerians in Diaspora Remittances Rise to U.S.$25 Billion
    [Leadership] With an estimated inflow of $25 billion remitted by Nigerians in diaspora in 2018, chief economist at PriceWaterCoopers (PwC) Nigeria, Prof Andrew Nevin, yesterday, said Nigeria's citizens living outside the country are its biggest export.
Sat, 16 Feb 2019 07:26:58 GMT
Nigeria: Why Poor Economic Performance Is Front and Centre of Polls
    [The Conversation Africa] On February 16, more than 84m eligible voters in Nigeria go to the polls to elect the next president of the country and members of the national assembly. There are nearly 80 candidates competing for the country's top job but the contest can be viewed to be mainly between the incumbent president, Muhammadu Buhari, aged 76, of the ruling All Progressive Congress (APC) and the former vice president, Atiku Abubakar, aged 72, of the People's Democratic Party.
Fri, 15 Feb 2019 16:02:41 GMT
Zimbabwe: Mineral Exploration Targets U.S.$12 Billion Per Annum Revenue
    [263Chat] Zimbabwe's hopes of raising mineral contribution to the economy from the current $2,4 billion to $12 billion per annum by 2023 has received a major boost following the coming on board of a Canadian based Polaris Seismic International Limited to further explore the country's geology.
Fri, 15 Feb 2019 15:10:36 GMT
Zimbabwe: Adopt Drones for Agriculture, China Urges Zimbabwe
    [263Chat] China has urged Zimbabwe to adopt use of drones in the agriculture sector to bring more efficiency and maximum productivity.
Fri, 15 Feb 2019 15:04:44 GMT
Zimbabwe: New Stadium On Cards
    [The Herald] HARARE City Council have revealed plans to build a multi-million dollar state-of-the-art stadium in the south western part of the city.
Fri, 15 Feb 2019 11:08:06 GMT
Zimbabwe: Fertiliser Manufacturers Struggle to Meet Local Demand
    [New Zimbabwe] LOCAL fertiliser manufacturers say production capacity has dwindled as foreign currency shortages continue to choke the sector.
Fri, 15 Feb 2019 11:00:44 GMT
Zimbabwe: Ncube, Mangudya Policy Tussle On Monetary Policy Statement
    [Zimbabwe Independent] Policy efficacy doubts - both fiscal and monetary - in supporting a liberalised foreign currency market, effectively discarding the 1:1 US dollar-bond note/RTGS dollar peg, have arguably been the main reason behind the undue delay in announcing the 2019 Monetary Policy Statement (MPS).
Fri, 15 Feb 2019 10:56:24 GMT
Zimbabwe: City Vendors Bear Brunt of Govt's Heavy-Handedness
    [Zimbabwe Independent] What began as an ordinary day suddenly turned into a nightmare for tuckshop owner Farai Simango (38) at Zengeza 3 shopping centre in the dormitory town of Chitungwiza.
Fri, 15 Feb 2019 10:25:39 GMT
Zimbabwe: Investors Pile Into Big Caps
    [Zimbabwe Independent] Investors are carefully rebalancing their equities portfolio to include big caps as Zimbabwe's economic and inflation outlook worsens.
Fri, 15 Feb 2019 10:07:19 GMT
South Africa: Banks That Manipulate the Rand - Are Millions in Fines a Deterrent?
    [allAfrica] British multinational banking and financial services company, Standard Chartered has pleaded guilty to manipulating currencies, including the rand, between 2007 and 2013, South Africa's Competition Commission has said in a statement.
Fri, 15 Feb 2019 09:52:55 GMT
Kenya: Insurer Now Drops 25 Vehicle Brands Over Spare Part Prices
    [Nation] Occidental Insurance Company has written to its agents and brokers to cease covering 25 vehicle makes and models citing rare and expensive spare parts.
Fri, 15 Feb 2019 07:12:09 GMT
Kenya: Kenya's Top 10 Richest Counties
    [Nation] Nairobi, Nakuru and Kiambu are Kenya's top-three richest counties while Lamu, Samburu and Isiolo are the poorest, according to a new report ranking the contribution of Kenya's 47 regions to the national annual economic output, also known as the Gross Domestic Product (GDP).
Fri, 15 Feb 2019 07:11:20 GMT
Uganda: MTN Uganda CEO Deported
    [Monitor] Kampala -The Chief Executive Officer (CEO) of telecommunications company MTN Uganda, Wim Vanhelleputte has this evening been deported.
Fri, 15 Feb 2019 06:14:11 GMT
Tanzania: TTCL Given 30 Days to Supply Simcards, Vouchers in Rural Areas
    [Daily News] THE government has issued 30- day ultimatum to the TTCL Corporation to ensure its SimCards and airtime vouchers reach all rural areas to bolster their coverage across the country.
Fri, 15 Feb 2019 16:35:31 GMT
Tanzania: Arab Contractors Get Hold of Stiegler's Power Project Site
    [Daily News] RUFIJI hydroelectric power generation project's construction site and its supporting infrastructure were yesterday officially handed over to the contractors-Arab Contractors and El Sewedy Electric. The project whose deal was sealed in December last year is expected to produce 2,115 megawatts of electricity that will be added to the national grid and guarantee adequate power supply for domestic and commercial uses.
Fri, 15 Feb 2019 16:35:24 GMT
Uganda: Takeover of Municipality Roads By Govt Is Welcome
    [Monitor] Government is considering taking over the tarmacking of roads in the 41 municipalities in order to ease accessibility and improve socio-economic development in the country (see 'Govt plans to takeover municipality roadworks, in the Daily Monitor of February 14, 2019).
Fri, 15 Feb 2019 16:27:09 GMT
South Africa: Eskom Cabinet Committee to Brief President Daily
    [] The Presidential Cabinet Committee on Eskom is set to brief President Cyril Ramaphosa on a daily basis on progress made to resolve the challenges at Eskom.
Fri, 15 Feb 2019 15:29:19 GMT
South Africa: Gloria Coal Mine Body Retrieval Must Continue
    [] Work to retrieve the bodies of the people trapped at the Gloria coal mine must continue, says Mineral Resources Minister Gwede Mantashe.
Fri, 15 Feb 2019 15:25:54 GMT
South Africa: City of Joburg Shuts Down Samwu Head Offices Over Payment Dispute
    [News24Wire] The City of Johannesburg on Thursday disconnected electricity connection services to the head offices of the South African Municipal Workers' Union (Samwu) in the inner city due to non-payment for municipal services.
Fri, 15 Feb 2019 15:18:18 GMT
Kenya: Tullow Starts Search for Kenya Oil Buyers
    [East African] British oil exploration company Tullow has started the search for buyers of Kenya's small-scale crude petroleum exports ahead of the first shipment expected in the next four months.
Fri, 15 Feb 2019 15:12:15 GMT
Zimbabwe: Zimbabwe Looks to Tackle Telecom Fraud With Technology
    [263Chat] Despite an ambitious economic reform agenda, Zimbabwe's economic freedom score dropped down 3.6 points to a mere 40.4 on the Heritage Foundation's latest Index of Economic Freedom, making its economy the 6th least free in the 2019 Index. Major factors contributing to this dismal score include the country's inefficient judicial system and general lack of transparency - resulting in poor governance.
Fri, 15 Feb 2019 15:02:36 GMT
Zimbabwe: Local Participation in Public Procurement Pivotal for Industrial Growth
    [263Chat] Buy Zimbabwe has met with Procurement Regulatory Authority of Zimbabwe (PRAZ) to discuss opportunities for local industries especially in the construction of the Beitbridge- Chirundu highway.
Fri, 15 Feb 2019 14:53:01 GMT
South Africa: Former RSA Ambassador Arrested for Alleged Foreign Bribery
    [SAPS] Pretoria -Former ambassador to Iran Yusuf Saloojee (75) was arrested by the Hawks on Thursday, 14 February 2019 and subsequently made a brief court appearance at the Johannesburg Specialised Commercial Crimes Court on the same day facing charges of corruption.
Fri, 15 Feb 2019 14:50:18 GMT
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