Why Business Mogul Sudhir Lost 4 Forex Bureaus

[Observer] Business mogul Sudhir Ruparelia’s footprint within Uganda’s financial industry has been further cut short after the licenses to four of his forex bureaus expired at the end of last year and were not renewed.

[Observer] Business mogul Sudhir Ruparelia's footprint within Uganda's financial industry has been further cut short after the licenses to four of his forex bureaus expired at the end of last year and were not renewed.

source: AllAfrica News: Uganda

Govt Mulls National Infrastructure Company Revival

[Financial Gazette] GOVERNMENT is mulling a merger between the National Infrastructure Company of Zimbabwe (NOIC) and Petrotrade, which could result in the resuscitation of the National Oil Company of Zimbabwe (NOCZIM), unbundled seven years ago to cre…

[Financial Gazette] GOVERNMENT is mulling a merger between the National Infrastructure Company of Zimbabwe (NOIC) and Petrotrade, which could result in the resuscitation of the National Oil Company of Zimbabwe (NOCZIM), unbundled seven years ago to create the two entities.

source: AllAfrica News: Zimbabwe

Barclays Deal Gathers Momentum

[Zimbabwe Independent] Malawi -BASED First Merchant Bank is conducting due diligence on Barclays Bank Zimbabwe to ensure the affairs of the local financial institution are in order before a US$60 million purchase deal can be finalised.

[Zimbabwe Independent] Malawi -BASED First Merchant Bank is conducting due diligence on Barclays Bank Zimbabwe to ensure the affairs of the local financial institution are in order before a US$60 million purchase deal can be finalised.

source: AllAfrica News: Zimbabwe

Govt Medical Aid Debt Tops U.S.$300 Million

[Zimbabwe Independent] AS Treasury continues to walk a fiscal tightrope, government’s debt to financially beleaguered health insurer Premier Service Medical Aid Society (Psmas) has nearly doubled to US$329 million this year from US$186 million in 2015 …

[Zimbabwe Independent] AS Treasury continues to walk a fiscal tightrope, government's debt to financially beleaguered health insurer Premier Service Medical Aid Society (Psmas) has nearly doubled to US$329 million this year from US$186 million in 2015 as the fiscal crisis deepens, Zimbabwe Independent can reveal.

source: AllAfrica News: Zimbabwe

Saraki, Dogara, Others Have Ignored the Imperative to Set Example – El-Rufai

[Vanguard] The war of words between the governor or Kaduna State, Nasir El Rufai and the national Assembly over the secrecy of the national Assembly escalated further yesterday as the governor told the legislators that resorting to attack on his person…

[Vanguard] The war of words between the governor or Kaduna State, Nasir El Rufai and the national Assembly over the secrecy of the national Assembly escalated further yesterday as the governor told the legislators that resorting to attack on his person will not wish away the issue.

source: AllAfrica News: Nigeria

Congress of Trade Unions Boss Mutasa Faces Chop

[Zimbabwe Independent] ZIMBABWE Congress of Trade Unions (ZCTU) president Peter Mutasa is facing a vote-of-no-confidence at the National Social Security Authority (Nssa) board amid accusations that he has been leaking confidential information to the la…

[Zimbabwe Independent] ZIMBABWE Congress of Trade Unions (ZCTU) president Peter Mutasa is facing a vote-of-no-confidence at the National Social Security Authority (Nssa) board amid accusations that he has been leaking confidential information to the labour union's senior officials and to the media.

source: AllAfrica News: Zimbabwe

Nation’s Tragedy – Band Plays On As Ship Sinks

[Financial Gazette] RECENTLY, I was speaking to an old friend who is now based in the United States, debating on topical issues in the country. He said that he had stopped paying attention to the unfolding drama on the political scene because he believ…

[Financial Gazette] RECENTLY, I was speaking to an old friend who is now based in the United States, debating on topical issues in the country. He said that he had stopped paying attention to the unfolding drama on the political scene because he believes it is all stage-managed by ZANU-PF to divert national attention from its economic failures.

source: AllAfrica News: Zimbabwe

If South Africa Goes, We Are Doomed

[Financial Gazette] MY research interest was in finding the Methodist connection with early African nationalism. From South Africa came Enoch Sontonga, a Shangani who bequeathed to us the anthem: Nkosi Sikelela iAfrica. Another giant who walked on this…

[Financial Gazette] MY research interest was in finding the Methodist connection with early African nationalism. From South Africa came Enoch Sontonga, a Shangani who bequeathed to us the anthem: Nkosi Sikelela iAfrica. Another giant who walked on this earth was Chief Albert Lithuli, president of the African National Congress (ANC), 1952-1967.

source: AllAfrica News: South Africa