Most Recent News

Egypt’s Army Chief, Abdel Fattah El-Sisi to resign and declared his candidacy in coming national elections

Egyptian army chief Abdel Fattah El-Sisi announced Wednesday that he would resign and declared his candidacy in national elections that are expected later this year. Defense Minister El-Sisi, 59, must.

South African Billionaire, Patrice Motsepe Makes $742million From Landmark BEE Deal

South African billionaire Patrice Motsepe has added over R8bn ($742 million) to his $2.7 billion fortune after his R200m ($19 million) investment in Sanlam’s Ubuntu-Botho BEE deal in 2004 recently.

Zimbabwe Names New Central Bank Governor

  New Reserve Bank of Zimbabwe Governor Dr John Panonetsa Mangudya has the right qualifications and experience to lead the central bank, and his appointment inspires confidence in the market,.

South Africa: New Technology Offers Hope of Tackling Tuberculosis

Face masks incorporating satellite tracking and cough samplers are among the new technologies being tested to help researchers in South Africa try to control the epidemic of drug-resistant tuberculosis. Tuberculosis.

International Nuclear Security Summit – Why Africa Must Make Its Voice Heard

Of the 53 countries invited to participate in the 2014 Nuclear Security Summit that is taking place in The Hague today and tomorrow, six are from Africa. This is a.

Nigeria And Namibia To Build Private Sector-Financed Refinery

Nigeria and Namibia have announced plans to jointly construct an oil refinery as both countries seek to maximise the cooperation in the area of energy. The two African countries made.

Africa’s Biggest Wind Power Project Secures $870m Financing

Kenya’s Lake Turkana Wind Power Project, which is meant to add an existing 300MW of reliable, low cost wind energy to the country’s national grid has reached a critical milestone,.

Cash confusion: The country where shoppers can pay with eight different currencies

Zimbabwe’s multi-currency confusion and hyper-inflation, Zimbabwe must be the only place in the world to have eight currencies as legal tender – none of them its own. For the last.

Zimbabwe Government slashed Salaries for parastatal and local authorities

Government has slashed salaries and perks for parastatal and local authorities’ bosses to US$6 000 monthly, pending finalisation of a comprehensive salary structure being crafted by the Cabinet Committee on.