Category: Southern Africa

Global industrial group Barloworld’s CEO Clive Thomson will step down next year. Thomson who has been with the group for a decade will hand the baton to Dominic Sewela at the industrials’ next annual general meeting to be held on 8 February 2017. Sewela, who was appointed as Deputy Chief Executive of Barloworld on 1…

Government is open to new and innovative ideas to boost agricultural production and enhance national food security, a senior official has said. Opening a high-level stakeholder validation workshop on agricultural policy in Harare on Wednesday, Deputy Chief Secretary in the Office of the President and Cabinet Retired Colonel Christian Katsande said Government also came up…

Malita had high hopes when she first heard that foreign and domestic companies would start mining in her area of Malawi. The government and the companies promised jobs, better schools and improved access to healthcare in her village. They didn’t tell people about the risks mining can bring. She only learnt that it can involve…

A mining research expert says Zimbabwe’s platinum industry could suffer if current efforts by international scientists to source the metal from outer space are successful. Lyman Mlambo, chairman of the Institute of Mining Research at the University of Zimbabwe, said asteroid mining could have far-reaching effects on Zimbabwe’s platinum industry. On September 8, the National…

Zimbabwe’s money supply growth increased by 1,71 percentage points to 14,84 percent in July from 13,13 percent in June due to increased foreign exchange inflows during the tobacco selling season. According the Reserve Bank of Zimbabwe (RBZ)’s latest monthly economic review, annual growth in money supply was on the back of increases in demand and…

Uber Technologies starts its UberEats food-delivery service in South Africa on Thursday before expanding in the rest of the country and into the continent, it said on Wednesday. It will begin delivering meals in the northern suburbs of Johannesburg, South Africa’s largest city, before moving across the Gauteng province and to Cape Town in 2017,…

Nagomba E. is no longer young; her hip is giving her trouble and her back is stooped from years of bending over her corn and rice fields. Yet every morning, at the crack of dawn, the wiry 74-year-old sets out on a strenuous half-hour walk to fetch water from a nearby river so that her…

South African telecoms giant MTN on Wednesday denied an allegation that it had illegally repatriated $13.92 billion from Nigeria, saying the claim was without merit. Lawmakers in the upper house of Nigeria’s parliament agreed on Tuesday to investigate the allegation that MTN, Africa’s biggest telecoms company, illegally transferred the money out of the West African…

President Mugabe has thrown back to Parliament the Special Economic Zones Bill after expressing reservations on a clause which seeks to suspend the Labour Act whose effect would have exposed workers to serious abuse by employers. Parliament will now have to meet again next week to consider reservations expressed by the Head of State and…