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By Staff Reporter An irresponsible Chinese mining operation in Mozambique has put an entire coastal village of more than a thousand people at serious risk of being washed into the Indian Ocean, Amnesty International has revealed in a report released Wednesday. The...
Cash-strapped South African Airways (SAA) is set to make dramatic cuts in order to get its house back in order, news agency Reuters reports. Chief executive Vuyani Jarana, who has been in the job just six months, told the agency...
The attorney general said that Interpol has placed the search and arrest of other executives complicit in the corruption and embezzlement ring on "red alert." Venezuelan Attorney General Tarek William Saab announced in a press conference that the government has...
By Staff Reporter Female employees earn up to 43.5 per cent less at Barclays than men, according to gender pay gap figures the bank has submitted to the United Kingdom government, the British Broadcasting Corporation reports. According to the BBC report,...
By Staff Reporter Zimbabwean Police at the Plumtree border post have blocked former first lady Grace Mugabe’s son Russell Goreraza from moving three vehicles into Botswana. The three vehicles, a Porsche, a Rolls Royce & his mother’s Range Rover are currently...
Finance Minister Malusi Gigaba announced increases in VAT and other taxes to generate an additional R36-billion this financial year. Delivering his 2018 budget speech in Parliament on Wednesday, Gigaba said it was a tough but hopeful speech. From April 1, the value-added tax (VAT) rate...
THE Namibian government is set to pay out millions in financial settlements to those accused in the Caprivi high treason secession case, who were either discharged or acquitted after languishing for over a decade in jail in the longest...
By Staff Reporter NAMDEB, a joint venture between Namibia’s government and Anglo American’s diamond unit De Beer, is about to lay off at least 130 of its 1,700-strong workforce as a part of steps to optimise the diamond miner’s business. According...
By Staff Reporter A strike by Air Algerie cabin crews on Monday grounded flights by the carrier out of the North African state’s capital, the airline and a union said. An AFP correspondent at Algiers international airport said Air Algerie flights...
Morocco – A SOCIALIST revolutionary movement in Morocco’s volatile Rif region says it holds the tyrannical monarchical state responsible for the repressive backlash against a population fighting for dignity, freedom and social justice. In a solidarity petition signed by representatives...
U S cable giant Comcast offered to buy Sky for $31 billion in an unsolicited approach, taking on Rupert Murdoch’s Fox and Bob Iger’s Walt Disney in the battle for Europe’s biggest pay-TV group. The world’s biggest entertainment company, which...
Standard Chartered Chief Executive Bill Winters saw his 2017 pay package bumped up 38 percent to 4.68 million pounds ($6.53 million) on Tuesday, as the bank reported a surge in full-year profit and resumed paying dividends. The bank also increased its...
HSBC, the UK’s largest bank, said on Thursday that it also had the largest gender pay gap among large banks. Women are paid a staggering 59 percent less than men, on average, according to the difference in hourly pay last...
By Staff Reporter A COURT in Namibia has convicted and fined a Chinese national for smuggling timber from Zambia into that country. According to a statement from the Anti Corruption Commission (ACC) in Namibia, Shi Linjiang, 39, was fined 20, 000...
Britain would collapse if it tried to pay back the money it drained from India, eminent economist Utsa Patnaik said at a conference at Jawaharlal Nehru University, New Delhi on Wednesday. Delivering the inaugural lecture at the three-day Sam Moyo...
By Staff Reporter Botswana Commercial and General Workers Union has threatened to take the South African retail giant, Choppies, to task if it goes ahead with plans to fire about 15 more employees who were part of a group, out...
By Staff Reporter Zimbabwe’s President Emerson Mnangagwa has directed all his ministers and other senior public officers to declare their assets as a way of enhancing transparency in public service. In a letter signed by Chief Secretary to the President and...
Liberia’s President George Weah said he would seek to remove what he termed a racist clause in the country’s constitution that restricts citizenship to black people, and pledged to take a pay cut in a dire economy. Freed slaves from...
South African Federation of Trade Unions (Saftu) leadership will meet next month and could recommend strikes to protest against the hike in the rate of value-added tax (VAT), general secretary Zwelinzima Vavi has said. “I will personally recommend that we...
By Staff Reporter Kenya Revenue Authority (KRA) officials have intercepted gold worth 100 million Kenyan Shillings (about US$1 million) at the Jomo Kenyatta International Airport in the capital Nairobi. According to Kenya’s Standard Media, at least 32, 255.50 grams of gold bars...
Choppies Group has dismissed 30 more employees, who embarked on a protest two months ago. Choppies Chief Executive Officer, Ramachandran Ottapathu said the employees' contracts were not renewed following the recent strike workers had gone on, protesting their low salaries. Ottapathu...
Electric carmaker Tesla, facing pressure on a number of fronts, is asking shareholders for a show of support for chief executive Elon Musk. The firm has called a special meeting this month for investors to vote on a 10-year compensation...
France's leading car manufacturer PSA on Monday announced a joint venture agreement with Namibia Development Corporation to start up an assembly plant in the Southern African country to sell more cars in the region. "This investment in Namibia is part of the...
South African Human rights lawyer Richard Spoor is launching a class action lawsuit against Tiger Brands, Enterprise’s parent company, for the listeriosis outbreak. Speaking on radio 702, Spoor said though there was overwhelming evidence to prove that contamination happened at the...
The European Union is considering applying 25 per cent tariffs on around $3.5 billion of imports from the United States if President Donald Trump carries out his plan to apply global duties to steel and aluminum, EU sources say. The...
In a major foreign policy shift, the United Kingdom (UK) is teaming up with Standard Chartered Bank to lend Zimbabwean companies US$100 million, the first direct commercial loan to the country’s private sector in more than 20 years. In an...
The Federal Government has approved an amendment to the excise duty rates for alcoholic beverages and tobacco products. The approval, according to the Minister of Finance, Kemi Adeosun, was given by President Muhammadu Buhari, and would take effect from June 4,...
South Sudan has run out of cash and the economy will not be fixed unless the ongoing civil war is brought to a halt. President Salva Kiir openly admitted as much on Wednesday and acknowledged that peace and stability had to return...
The European Union  on Thursday suspended imports of Brazilian meat products, mostly poultry, in a move that affected 20 plants in the South American nation that had been authorised to export to the EU, according to a European Commission statement. “I was...
Zimbabwe’s state-owned electricity distributor has given businesses, including mines and large-scale farms, six months to clear their bills or risk being cut off and face litigation, the company said on Monday. The Zimbabwe Electricity Transmission and Distribution Company (ZETDS) is owed...
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