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Thursday, May 28, 2020

Zimbabwe, Russia seal mining deal

The state-owned Zimbabwe Mining Development Corporation (ZMDC) on Monday signed a memorandum of understanding with Russia’s OMZ-Special Steels LLC. Under the deal, the Zimbabwean parastatal will access equipment for its operations. According to financial and business news agency The Source, OMZ would assist ZMDC to modernise...

Transcorp’s IPO Explores Opportunities In Nigeria’s Hospitality Business Sector

As the global interest of international brands in the Nigerian hospitality business grows, Transcorp Plc’s initial public offering which opened on September 25 promises to give the company an edge in the nation’s hospitality sector, writes Festus Akanbi The on-going public offer of Transcorp Hotels...

It’s Time To Say Goodbye To Former President Jonathan By By Toyin Dawodu

Americans have a saying: “You never get a second chance to make a first impression.” That saying is absolutely true. Research teams at both Harvard University and MIT confirm humans automatically make snap judgments about others within three seconds of meeting them. We judge not...

South Africa’s Alexander Forbes returns to H1 profit after relisting

JOHANNESBURG - South African financial services advisory firm Alexander Forbes returned to profit in the first half of its financial year, months after relisting on Johannesburg's stock market. The company made headline earnings of 12 cents per share in the six months ended September compared...

Jonathan Dismiss Executive secretaries of PEF, NCDMB, appoints replacements

The new PEF Executive Secretary hails from Niger State and holds Bachelors and Masters Degrees from Ahmadu Bello University, Zaria and the Nigerian Defence Academy, Kaduna respectively President Goodluck Ebele Jonathan has approved the appointment of Asabe Asmau Ahmed as Executive Secretary of the Petroleum...

Internet Society CEO Kathy Brown: Africa Primed to Take Advantage of the Internet Opportunity

The Africa Internet Summit (AIS) is being held today in Tunisia There has been robust growth in Internet access and usage over the past few years and Africa is now primed to take advantage of the social and economic opportunities that the Internet can bring...

South Africa’s Alexander Forbes surges to $1 bln valuation on market return

JOHANNESBURG (Reuters) - Shares in Alexander Forbes surged 12 percent on their return to the Johannesburg bourse on Thursday, valuing the retirement fund manager at almost $1 billion as it dazzled investors with the prospect of steady earnings and growth across Africa. The company, which...

Osun Govt. approves 15% subsidy on agric implements

The Osun Government said on Monday that it had approved a 15 per cent subsidy on agricultural implements for farmers in the state. Mr Solagbade Oladepo, the Chairman of the state's Agricultural Development Corporation (OSSADEC), made this known during a board meeting in Osogbo. Oladepo said the farmers would benefit from the government's agricultural loan scheme, which would commence in May. He...

Kenyan leader proposes new tactics in fight against militant Islam

NAIROBI (Reuters) - Kenya's President Uhuru Kenyatta has promised a new campaign to stop people joining violent radical groups and to fight the influence of Somali Islamists whose attacks have killed hundreds and threatened growing prosperity. Suggesting a change in strategy with more use of...

2015:Muslim-Muslim or Christian-Christian ticket wrong and unconstitutional – NLC

Nigeria Labour Congress (NLC) has described arguments of former military head of state, General Muhammadu Buhari and former President Olusegun Obasanjo on religious formation of presidential ticket in the 2015 general election as wrong and unconstitutional. Speaking at the 26th annual national education conference of...