Govt Tightens Screws On Directors

[The Herald] Government is working on amendments to the Companies Act with a view to tightening legal provisions and placing increased fiduciary duty of responsibility and accountability on company directors by empowering shareholders and workers to su…

[The Herald] Government is working on amendments to the Companies Act with a view to tightening legal provisions and placing increased fiduciary duty of responsibility and accountability on company directors by empowering shareholders and workers to sue directors over reckless conduct regarding a firm's business.

source: AllAfrica News: Zimbabwe

Zimbabwe Secures Multi-Million-Dollar China Investment

[CAJ News] Harare -ZIMBABWE has secured investment deals worth US$1 billion (about R11 billion) as the two countries revive relations that were stalling under the administration of now-deposed leader, Robert Mugabe.

[CAJ News] Harare -ZIMBABWE has secured investment deals worth US$1 billion (about R11 billion) as the two countries revive relations that were stalling under the administration of now-deposed leader, Robert Mugabe.

source: AllAfrica News: Zimbabwe

Energy Regulatory Firm Builds U.S.$13 Million Headquarters

[The Herald] The Zimbabwe Energy Regulatory Authority (Zera) says it will spend a hefty $13 million towards constructing a two storey headquarters in Harare to cut on onerous rental costs and project itself as a professional energy regulator in line wi…

[The Herald] The Zimbabwe Energy Regulatory Authority (Zera) says it will spend a hefty $13 million towards constructing a two storey headquarters in Harare to cut on onerous rental costs and project itself as a professional energy regulator in line with global practice and standards.

source: AllAfrica News: Zimbabwe

Moses, Friday , Others Dominate CBN Junior Tennis Championship

[This Day] The duo of Favour Moses and Gabriel Friday from Kaduna State, last weekend emerged winners of the U-16 boy and girls category of 2018 Central Bank of Nigeria Junior Tennis Championship which was rounded up at the National Stadium in Lagos.

[This Day] The duo of Favour Moses and Gabriel Friday from Kaduna State, last weekend emerged winners of the U-16 boy and girls category of 2018 Central Bank of Nigeria Junior Tennis Championship which was rounded up at the National Stadium in Lagos.

source: AllAfrica News: Nigeria

Delta Community Threatens Showdown With NNPC Subsidiaries Over Pollution

[This Day] Warri -Palpable tension has enveloped the twin cities of Ekpan and Effurun as indigenes of the two communities in Uvwie Local Government Area of Delta State have vowed to cripple the operations of the Warri Refining and Petrochemical Company…

[This Day] Warri -Palpable tension has enveloped the twin cities of Ekpan and Effurun as indigenes of the two communities in Uvwie Local Government Area of Delta State have vowed to cripple the operations of the Warri Refining and Petrochemical Company (WRPC) and Nigerian Gas Company (NGC), both subsidiaries of Nigerian National Petroleum Company (NNPC) over health hazards caused by air pollution.

source: AllAfrica News: Nigeria

National Assembly to Debate Electoral Reforms

[The Herald] Parliament will convene this week for a special sitting to discuss proposed amendments to the Electoral Act and ratification of the African Charter on Democracy, Elections and Governance. The reforms are expected to govern the conduct of t…

[The Herald] Parliament will convene this week for a special sitting to discuss proposed amendments to the Electoral Act and ratification of the African Charter on Democracy, Elections and Governance. The reforms are expected to govern the conduct of this year's harmonised elections.

source: AllAfrica News: Zimbabwe

Police Mininster Applauds Western Cape for Arresting Two Suspects Linked to the Murder of Four People in Brown’s Farm

[SAPS] Police Minister Bheki Cele has applauded the swift move by Western Cape police in apprehending two suspects, aged 34 and 27 following a shooting incident that killed four people including two children aged 12 and 13 in Brown’s Farm on Tuesday ev…

[SAPS] Police Minister Bheki Cele has applauded the swift move by Western Cape police in apprehending two suspects, aged 34 and 27 following a shooting incident that killed four people including two children aged 12 and 13 in Brown's Farm on Tuesday evening.

source: AllAfrica News: South Africa

16 Inmates Break Out of ‘Sun City’ Prison

[News24Wire] A manhunt has been launched for 16 prisoners who broke their way out of a Johannesburg prison known as “Sun City” in the early hours of Monday morning, a correctional services official said.

[News24Wire] A manhunt has been launched for 16 prisoners who broke their way out of a Johannesburg prison known as "Sun City" in the early hours of Monday morning, a correctional services official said.

source: AllAfrica News: South Africa

UBA’s Loans to Agriculture, Power Sectors Hit N265 Billion

[This Day] Whereas most commercial banks shy away from lending to the agriculture sector, Pan-African banking group, United Bank for Africa (UBA) Plc has granted as much as N85billion loans to the sector. Also, lending to the power sector is in excess …

[This Day] Whereas most commercial banks shy away from lending to the agriculture sector, Pan-African banking group, United Bank for Africa (UBA) Plc has granted as much as N85billion loans to the sector. Also, lending to the power sector is in excess of N180billion across the UBA Group, recent figures obtained by THISDAY have revealed.

source: AllAfrica News: Nigeria