adminAfrica can ill-afford US$75bn interest payments: AfDB
African nations will spend US$75 billion on debt interest payments this year, money they desperately need for pressing issues such as social spending and public investments, according to the African Development Bank (AfDB).
Tanzania, Ethiopia sign loan deals with S. Korea
DAR ES SALAAM. — Tanzania and Ethiopia said they had signed accords with South Korea for loans of billions of dollars, part of broader deals that will give the Asian nation access to Africa’s crucial mineral resources and vast export market.
Most influential companies in 2024
More than just a badge of honour, the global recognition of African companies signifies a dramatic change in the perception innovation on the continent. It also conveys Africa’s capacity for global competition and impact.
SA rand, stocks, govt bonds gain
JOHANNESBURG. — South Africa’s rand, stocks and government bonds gained on yesterday, as investors bet on the prospect of the African National Congress (ANC) striking a coalition deal with a market-friendly party after failing to get a majority in last week’s election.
Tanzania urges farmers to seek export markets
Tanzanian authorities have urged maize farmers to seek markets in neighbouring countries for their surplus.
Imbube event lives to billing
Langalakhe Mabena ON 1 June, Amaqaqa hosted a successful Imbube event at the Bulawayo Theatre which saw numerous Imbube ensembles taking to the stage. Themed “Our Roots: Imbali Yakwethu Music…
Mtisi, Chapepa impress at ITF junior tourney
Sports Reporter IT was another positive outing for Zimbabwe’s junior players as Ronan Mtisi and Kudzai Chapepa emerged winners at the just-ended J30 Bulawayo International Tennis Federation South Central Circuit…
Manica Diamonds sweep awards
Sports Reporter CASTLE Lager Premier Soccer League leaders, Manica Diamonds have clinched both the Coach and Player of the Month for May after another impressive run. Jairos Tapera won a…
Man caged 15 years for raping stepdaughter (13)
Tsenulo Moyo STEPDAD from hell! Justice was finally served when a 41-year-old man from Dlawa village in Nkayi, Matabeleland North province, who repeatedly raped his 13-year-old stepdaughter was sentenced to…
Pastors urged to stop sexual affairs with teenagers
Danisa Masuku SOME of the men of cloth have graced newspaper pages and electronic media space for the wrong reasons. While they are tasked to shepherd the flock, some of…