Taj Abdul gang’s firearms linked to various crimes
The arms and ammunition recovered in possession of nine suspected notorious armed robbers, who included Musa Taj Abdul, were used to commit various crimes around the country, the investigating officer said yesterday.
Chakwera sacks minister over misuse of Covid-19 funds
LILONGWE. – Fourteen people, including senior officials, have been arrested in Malawi and Labour Minister Ken Kandodo has been sacked over misuse of COVID-19 funds, President Lazarus Chakwera and police said on Sunday.
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- businessweekly
- April 21, 2021
- 48 views
Louis Vuitton, Cartier, Prada Push Blockchain to Ensure Authenticity
LVMH, Richemont’s Cartier and Prada SpA are joining forces to offer a blockchain solution to their customers seeking an extra seal of authenticity for the goods they’re buying.
‘Preserve gains of liberation struggle’
The Zimbabwe Heroes Shrine and Education Trust (ZIHSSET) has called on Zimbabweans to preserve the gains of the liberation struggle, to safeguard and protect its heritage.
Cost pressures hottest topic on earnings calls
First quarter earnings season is less than a week old, but the biggest theme management teams are talking about is clear — higher costs.
Absa chief on way out after rift with board
JOHANNESBURG. – Absa chief executive Daniel Mminele is in talks with the board about leaving after just 15 months at the helm of one of Africa’s biggest lenders, the bank said yesterday, in a move that surprised investors and sent its shares down 5 percent.
- businessweekly
- April 21, 2021
- 69 views
Paris Club seizes pandemic opportunity to reclaim lost influence
Like clockwork through the 1990s, Sufian Beker trekked to Paris to plead for cuts in Ethiopia’s soaring debt. As the war-torn country’s finance minister from 1996 to 2015, Beker had few options other than what’s known as the Paris Club, an informal group of wealthy nations that has bailed out governments from Argentina to Zambia. In 2004 he found himself again in the monumental French Treasury building towering over the Seine—where supplicants typically sought forgiveness for their loans—and walked away with a pledge for $1.3 billion in debt relief. It was the last time Beker made such a trip.
Results-based management key to NDS1 success
The implementation of result-based management in administration is the epicentre of Government performance.
ADA enters into safari hunting joint venture
THE Agricultural Development Authority has entered into a joint venture with a local safari operator to carry out safari hunting operations on its farms and ranches in Matabeleland.
Curran, Ali power Super Kings
CHENNAI. — England all-rounders Sam Curran and Moeen Ali both played key roles as Chennai Super Kings beat Rajasthan Royals by 45 runs in the Indian Premier League.