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Rupert overtakes Dangote as Africa's richest man under Ramaphosa's watch
Johann Rupert, the South African businessman, has overtaken Aliko Dangote as Africa's richest man.This was according to the latest information from the Bloomberg Billionaires Index.Rup...Published: 01 Sep 2024 at 18:57hrs | 1392 | by Staff reporter
Revolt at MTN over CEO's 'female favourite'
An ugly battle is brewing at MTN over the direction Africa's biggest mobile network operator is taking under group CEO Ralph Mupita, with executives threatening to quit en masse over his leadership st...Published: 01 Sep 2024 at 11:58hrs | 4566 | by Staff reporter
MTN reports a monster loss
MTN Group, Africa's biggest wireless carrier by revenue, posted its first loss since 2016 after the devaluation of the Nigerian naira crimped income from one of its key markets.The group repor...Published: 19 Aug 2024 at 07:47hrs | 514 | by Staff reporter
Will the new ‘ZiG' ‘gold backed' digital currency alleviate Zimbabwe's currency stability woes?
THE chronic problem of Zimbabwe's economy has its roots in the land reform activities that began more than 30 years ago.The principle of ‘ethnic balance' in land ownership was fair. The prob...Published: 08 Oct 2023 at 08:02hrs | 1 | by John Mc Keown
Nigerian president hikes wages to avert looming strike
Nigeria's leader increased the wages of some government workers in last-minute efforts to appease labor unions whose planned strike this week could shut down government offices in all sectors of Afric...Published: 02 Oct 2023 at 09:54hrs | | by Staff reporter
Multichoice believes Zimbabwe may prove a better market than Nigeria
Multichoice, which is banking on economic and monetary policy reforms in Nigeria to offset exchange rate losses, considers Zimbabwe an important market that is better than its West African counterpart...Published: 06 Jul 2023 at 09:17hrs | 1 | by Staff reporter
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 6 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
Zimbabwean glitterati and Nigerian husband wanted for drug trafficking
THEIR marriage ceremony at The Nest, an upmarket and exclusive venue in Harare, was dubbed wedding-of-the-year in Zimbabwe last year.It was attended by the who-is-who in the local social scene...Published: 08 Apr 2023 at 15:25hrs | 104 | by Staff reporter
Zimbabwe in race to introduce digital currency
Zimbabwe is in the race to become one of the first African countries to introduce a central bank digital currency (CBDC).Nigeria became the first country in Africa to issue a CBDC, the eNaira,...Published: 04 Mar 2023 at 10:25hrs | 1 | by Staff reporter
D'Banj visits Mnangagwa
NIGERIAN music star D'Banj who is still being investigated over fraudulent activities visited Zimbabwe where he met President Emerson Mnangagwa at the State House during the week.D'Banj's visi...Published: 22 Jan 2023 at 13:02hrs | 14 | by Staff reporter
Pricey Rick Ross show tickets stir debate
ORGANISERS of Grammy-nominated rapper Rick Ross' concert slated for Harare in November have said they will explain and justify their seemingly steep pricing regime next week when they address issues t...Published: 22 Jul 2022 at 06:37hrs | | by Staff reporter
Mangudya ranked worst performing central bank governor in Africa
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries and territories, including the European Union, the Eastern Carib...Published: 12 Jan 2022 at 05:13hrs | 8 | by Staff reporter
RBZ shuts down forex platform to stem currency decline
ZIMBABWEAN authorities shut down a popular black-market currency-tracking platform, the latest action to try and stop an accelerating decline in its currency.The central bank ordered marketwat...Published: 21 Oct 2021 at 06:22hrs | | by Staff reporter
Manual for sports betting top betting sites in Nigeria
Sports betting in Nigeria is filling in fame. In any case, there is still some disarray about different parts of betting on sports. There are many wagering...Published: 01 Sep 2021 at 19:30hrs | 14 | by Staff writer
Corrupt firms banned from the forex auction
GOVERNMENT has suspended 12 companies allegedly involved in transfer pricing from the foreign exchange auction system on suspicion they channel part of the funds from the auction to the parallel marke...Published: 05 Mar 2021 at 06:36hrs | | by Staff reporter
What the African crypto ecosystem looks like today
Out of the many places that you would not expect to have a strong relationship with Blockchain and cryptocurrencies, African countries are probably some of the most unexpected. The expectations of mos...Published: 06 Jun 2019 at 13:00hrs | | by Gibdon Nyathi
Zimbabwe is not the worst country on earth!
At the beginning of this new weekly column, more of which is going to come in the next months and years Inshallah, let me make this humble appeal to the authorities on behalf of the suffering resident...Published: 06 Mar 2019 at 06:26hrs | 8 | by Baffour Ankomah
Zimbabwe underestimating its GDP
Zimbabwe's gross domestic product (GDP) reached $17, 85 billion last year, which is an all-time high, according to industry and commerce experts TradingEconomics.comZimbabwe's GDP averaged $6,...Published: 29 Jul 2018 at 10:10hrs | 1 | by Staff reporter
Charred remains of literacy in Nigeria
Sixty-five million Nigerians are illiterates, according to UNESCO. Nevertheless, the year has been moderately fine for Nigeria, having fared favorably in enviable awards, such as ranking big as the wo...Published: 23 Mar 2018 at 12:22hrs | 2 | by Nimi Princewill
Zanu-PF intensify BVR serial numbers collection
Farmers from Nyazvidzi Small Scale Farming area and villagers from Chinyika Rural Area in Gutu have over the past few days attended several party meetings where local Zanu-PF leadership demanded BVR s...Published: 19 Mar 2018 at 14:08hrs | 1 | by Staff reporter
Sports Betting: Taking the Africa by Storm
There has been a steady rise in the activity of gambling in Ghana, Nigeria, and South Africa in the field of sports betting. As sports have been and continue to be a part of the local topic of interes...Published: 18 Jan 2018 at 19:07hrs | 1 | by Staff Reporter
Kalawa Homecoming pandemonium
IT was meant to be the event of the year but in the end it was characterised by shoddy preparations and a weak line-up that left many questioning if the Kalawa Homecoming would be ever be the same aga...Published: 31 Dec 2017 at 08:35hrs | 2 | by Stephen Jakes
White Zimbabwean farmers take on Nigeria's challenges
Farming in Nigeria is not for the fainthearted.Intermittent electricity means generators are needed half the time. Chronically potholed roads make transport slow and expensive. Fake fertiliser...Published: 27 Aug 2017 at 14:32hrs | | by AFP
Prophet T.B. Joshua commended for donating 10 million Naira to less privileged Muslim community
General Overseer of The Synagogue, Church Of All Nations (SCOAN), Prophet T.B. Joshua has been commended for donating the sum of 10 million Naira to the less privileged in the North in the spirit of R...Published: 07 Jun 2017 at 19:26hrs | | by Patience Amaka
Youth can help achieve SDGs
In 2015, Samuel Malinga, at age 26, founded Sanitation Africa - a company engaged in turning human waste into briquettes for cooking and agricultural manure. For his innovative approach to waste manag...Published: 05 Apr 2017 at 23:16hrs | | by Kingsley Ighobor
Robbers hold baby as ransom; loot $700 from Gutu businessman
A group of robbers who are still at large broke into a shop at Chinanaira Business Center in Nyazvidzi Gutu, assaulted the owner who they left for dead before escaping with goods worth $700.Ea...Published: 31 Jan 2017 at 04:57hrs | 1 | by Staff Reporterr
Commodity prices crash hits Africa
Volatile global financial markets and weaknesses in global growth to blame Just three years ago, most of the world's fastest-growing economies were in ...Published: 13 Jan 2017 at 21:52hrs | | by Kingsley Ighobor
Bond notes, Rands divide opinions in Zimbabwe
FINANCE minister, Patrick Chinamasa and Reserve Bank of Zimbabwe governor, John Mangudya are strong-willed individuals.In the face of mounting opposition to their plan to introduce a surro...Published: 28 Nov 2016 at 10:18hrs | | by NewsDay
TB Joshua Prophecy on South African economy
With the news that South Africa has regained its position as Africa's largest economy, the spotlight has been thrown back to a ‘prophecy' given by Nigerian Prophet T.B. Joshua at the beginning of 20...Published: 11 Aug 2016 at 14:30hrs | | by Tebego Motalaote
US dollar overvalued in Zimbabwe: KFC index
Market intelligence firm Sagaci Research recently published a quarterly update of its "KFC Index". By analysing the prices of the Original Chicken Bucket from fast-food chain KFC, the index provid...Published: 09 Aug 2016 at 08:46hrs | | by Staff reporter
Prophet T.B. Joshua predicted the Brexit in 2011
T.B. Joshua, a ‘prophet’ based in Lagos, Nigeria is said to have predicted the Brexit, which shook the European community. In a video dated 25th December, 2011, Joshua is seen stating:"We ...Published: 24 Jun 2016 at 19:10hrs | | by Staff reporter
Tribalism or ethnic disharmony retards Zimbabwe's development - Part 4.3
Tapping wisdom from Zambian humanism, Tanzania's Ujamaa and German's multi-culturalism! They implemented social policies that made multiculturalism possible, coped well in integrating multiple societi...Published: 13 Jun 2016 at 22:45hrs | | by Nomazulu Thata
What T.B. Joshua Said About The Buhari Administration
There is currently a video circulating on the internet of Pastor T.B. Joshua commenting on the Buhari administration. Giving prophetic insight into the year 2016, the cleric addressed the world and Af...Published: 18 May 2016 at 06:32hrs | | by Halima Babangida
Nigeria's former defence chief raided staff salary funds to buy property
Abuja - Nigeria's former chief of defence staff bought property including a $5.5m mansion with air force money, passing off his fraudulent withdrawals as staff salaries, a court heard on Wednesday....Published: 17 Mar 2016 at 07:05hrs | 1 | by AFP
External pressure to devalue Nigerian Naira - TB Joshua Prophecy?
The Federal Government may soon lose its current battle to defend the Naira using capital controls, as huge external pressures continued to deplete the nation's foreign reserve.In just a few d...Published: 11 Jan 2016 at 12:03hrs | 1 | by Staff reporters
Pressure grows on Buhari to devalue Naira
The visit of International Monetary Fund (IMF) chief Christine Lagarde to Nigeria has placed an uncomfortable spotlight on the fiscal woes of Africa's biggest oil producer as the pressure on President...Published: 08 Jan 2016 at 16:38hrs | | by Ihechukwu Njoku
TB Joshua's alarming 2016 predictions
Controversial Nigerian 'Prophet' T.B. Joshua has released a list of bleak predictions for the New Year 2016, particularly directed towards the continent of Africa.Known for his unconventional ...Published: 01 Jan 2016 at 08:40hrs | | by Ihechukwu Njoku
Nigerian central bank officials nabbed over 'mega scam'
Nigeria's anti-corruption agency has arrested six senior central bank officials over an alleged $33m (£21m) currency fraud, BBC reported.The Economic and Financial Crimes Commission (EFCC) a...Published: 01 Jun 2015 at 19:34hrs | 1 | by Staff Reporter
Prophet Magaya is no different from the apostolic sects he attacks
Walter Magaya of PHD Ministries wrote a 4 000-word-long thesis attacking the white garment apostolic churches. Despite the length of the thesis, he raised two points against the white garment apostoli...Published: 22 Feb 2015 at 09:05hrs | | by Tinashe Shamuyashe
T.B. Joshua returns N500,000 tithe to elderly woman
T.B. Joshua, perhaps Nigeria's most unconventional cleric, posted a heart-warming story on his official Facebook Page about an elderly lady who came to his church with an unusual gift.A retir...Published: 03 Feb 2015 at 19:43hrs | | by Ihechukwu Njoku - freelance Nigerian journalist currently in Lagos, Nigeria
Nigeria criminalises identity theft
The Senate has passed a broad bill, which criminalises child pornography, cyberstalking, identity theft, and hacking government computers. The draft law, known as the Cybercrime Bill, had been deb...Published: 05 Nov 2014 at 23:07hrs | 1 | by Staff Reporter
Morgan Tsvangirai on TB Joshua
HARARE - Movement for Democratic Change (MDC) leader Morgan Tsvangirai has sympathised with embattled Nigerian preacher Temitope Balogun Joshua following the death of 115 people after a guesthouse col...Published: 24 Sep 2014 at 16:38hrs | | by Staff Reporter
Tsvangirai speaks on Prophet TB Joshua
Movement for Democratic Change (MDC) leader Morgan Tsvangirai has sympathised with embattled Nigerian preacher Temitope Balogun Joshua following the death of 115 people after a guesthouse collapsed a...Published: 24 Sep 2014 at 22:13hrs | | by Staff reporter
Byo woman named in TB Joshua church collapse
A DESPERATE Bulawayo woman who paid thousands of dollars to visit Nigeria seeking divine intervention for her hospitalised daughter will return home in a body bag – one of at least 115 people no...Published: 24 Sep 2014 at 05:13hrs | | by Mpumelelo Nyoni
The Youth who Obama the Truth, the whole Truth, and nothing but the Truth
Dear reader, kindly google the British Guardian issue of yesterday, Friday, 8th August, 2014. You should be able to find an article titled, "Childcare funding could be cut off for failure to promote B...Published: 09 Aug 2014 at 09:23hrs | 1 | by Nathaniel Manheru
Nigeria surpasses SA as Africa's biggest economy
LAGOS - New data has revealed that Nigeria has overtaken South Africa as the continent's largest economy after a rebasing calculation nearly doubled its GDP. Gross Domestic Product (G...Published: 07 Apr 2014 at 07:57hrs | | by Reuters
4 gays whipped in Nigerian court
Lagos - A human rights network says four young men convicted of having gay sex have been whipped publicly in an Islamic court in northern Nigeria.Dorothy Aken'Ova of the Coalition for the Defe...Published: 06 Mar 2014 at 16:30hrs | 1 | by AP
Goodluck Jonathan suspends Lamido Sanusi
Lagos - Nigerian President Goodluck Jonathan suspended Central Bank Governor Lamido Sanusi on Thursday, removing an increasingly outspoken critic of the government's record on tackling rampant co...Published: 20 Feb 2014 at 20:50hrs | | by Reuters
16 pregnant girls rescued from 'baby factory' in Nigeria
Lagos - Nigerian police said on Wednesday that they raided a home and freed 16 pregnant girls and young women allegedly being forced to have babies to be sold."We carried out a raid on a resid...Published: 04 Dec 2013 at 16:22hrs | | by Staff Reporter
Lagos businesses cash in on TB Joshua
In Africa's largest metropolis, the district of Ikotun Egbe has turned into a boom town. The draw? Temitope Balogun Joshua, one of Nigeria's richest "super-pastors", whose church attracts 50,000 w...Published: 02 Sep 2013 at 04:26hrs | | by Monica Mark
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