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Forbes Billionaires List of the wealthy has become an annual ritual. In the midst of excruciating poverty in Nigeria, the list is always received with mixed feelings. Resentment from the needy and happiness from those considered rich enough to make the annual lists. Bamidele Famoofo reports that what is more important to an average Nigerian […]

The Inkatha Freedom Party (IFP) on Monday published a scathing open letter to President Cyril Ramaphosa, criticising him for being “in the belly of the beast which was the [Jacob] Zuma administration”. In a statement issued on the IFP’s official website, Mkhuleko Hlengwa, IFP national spokesperson, writes: “Utterances attributed to you that in Davos you […]

A Zimbabwean preacher who claimed to have found a cure for HIV and other illnesses has been found guilty for contravening laws of the country, specifically the Medicines Control Act.. The 35-year-old Prophet Walter Magaya of the Prophetic Healing and Deliverance Ministries was handed a fine of $700 for his claims, the 263Chat website reported. Police in November 2018 raided […]

Democratic Republic of Congo’s new president, Felix Tshisekedi, on Tuesday challenged his political rival Martin Fayulu to present evidence challenging the outcome of last month’s election. Tshisekedi made the remarks as he visited neighbouring Angola on his first trip abroad since being sworn. “I know that there have been some imperfections, some irregularities in these […]

Former Ivory Coast president Laurent Gbagbo has secured conditional release and is now in Belgium, according to the International Criminal Court (ICC). Gbagbo was acquitted by the Hague court of atrocities charges last month but remained in custody until Friday, when an appeals court ordered him released. A court spokeswoman confirmed he has now travelled […]

A United Nations envoy who visited South Sudan’s rebel leader Riek Machar at his exile home in Khartoum has confirmed that the latter is planning to return to Juba in May. UN envoy David Shearer met last week with Machar to discuss plans for a transitional government that will pave the way to elections, under […]

Zimbabwe’s mines minister on Monday said the central bank governor would soon introduce a monetary policy tool to alleviate foreign currency shortages that have affected mining companies. Zimbabwe’s mines minister says the central bank governor will soon introduce a monetary policy tool to alleviate foreign currency shortages that have affected mining companies. — Day Trading […]

Botswana’s economy is expected to expand at a slower pace in 2019 compared with last year, Finance Minister Kenneth Matambo said on Monday. The Southern African Nation economic growth is expected to slow to 4.2 percent this year from 4.5 percent last year. In his 2019 budget to parliament; Matambo noted that the slower economic […]

Zambia is determined to enforce a new 5 percent copper import duty, as part of a plan to keep a greater share of mineral resource profits for the country and tackle its debt, Mining Minister Richard Musukwa said. Zambia’s Minister of Mines and Mineral Development, Hon. Richard Musukwa leads a delegation to Africa’s largest #MiningIndaba in Cape […]

Democratic Republic of Congo’s outgoing government on Monday defended decrees granting former ministers lifetime salaries and other benefits following strong criticism in a country where most of the population lives in poverty. It’s one of the poorest country in the world despite mineral wealth #DRC’s outgoing Govrt is defending decrees granting former ministers lifetime salaries & […]

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