adminNigerian Securities and Exchange Commission boss quits
LAGOS. – Arunma Oteh left her position as head of the Nigerian Securities and Exchange Commission after five years leading market regulation in Africa’s biggest economy. She left office on…
Egypt central bank sells $971,3m in TBs
CAIRO. – Egypt’s central bank said it sold $971,3 million in one-year treasury bills at an average yield of 2,125 percent at its auction yesterday. The minimum yield was 2,1…
Zera okays Hwange Power Station expansion
Business Reporter THE Zimbabwe Energy Regulatory Authority has granted licence to the Zimbabwe Power Company for the expansion of Hwange Power Station. ZERA published a notice yesterday that it had…
Zanu-PF supporters assaulted
Crime Reporter TWO Zanu-PF supporters were seriously injured, while several others escaped with minor injuries on Sunday afternoon following clashes between the ruling party and MDC-T followers in Budiriro.
Payment for retirement benefit
The earliest date at which a contributor to the national pension scheme can claim his/her retirement benefit is 60, unless he/she qualifies for the early retirement age of 55 on…
SA deportations drop by 28pc: IOM
Thupeyo Muleya Beitbridge Bureau The number of people seeking assistance from the International Organisation for Migration (IOM) after deportation by road from South Africa dropped by 28 percent at the…
Vinal opens 5 Mugg & Bean outlets
Taking advantage of the boom in the city café culture; Vinal Investments has under the Mugg & Bean franchise opened five outlets since November last year at capital investment in…
Kellogg to acquire 85,93pc of Egyptian snack maker
New York. – Kellogg said it expects to acquire an 85,93 percent stake in Egyptian snack maker Bisco Misr based on the results of its tender offer. The stake is…
Zim stocks not attractive: Investec
LONDON. – Zimbabwe’s stocks, the cheapest among African shares, aren’t a buying opportunity for Investec Asset Management, which says consumers and banks in the southern African country are continuing to…
Hebdo, hypocrisy and the way forward
Timothy Bancroft-Hinchey Correspondent This is not to justify or gloat about the Charlie Hebdo massacre, but let us call a spade a spade: all terrorist attacks are wrong, including those…