Thursday, January 22, 2026
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CATEGORY

Business

Uganda signs oil exploration deal with Armour Energy

Uganda signed an oil exploration deal with Australia’s Armour Energy Limited on Thursday, the first under a protracted competitive licensing round launched in 2015.

Dangote bids for SA cement company

Dangote Cement has approached South African cement producer, (PPC), for takeover bid, but talks are at preliminary stages, Media reported on Thursday.

China jails 26 over $7.6 bn Ponzi scheme

Two senior executives of a collapsed peer-to-peer lender were sentenced to life in prison and 24 others punished over what has been called China's biggest-ever Ponzi scheme, state media reported Tuesday.

Mugabe claims Zimbabwe can feed itself again

Zimbabwe produced enough food to feed its people for the first time since adopting a controversial policy to strip land from white farmers, President Robert Mugabe told parliament on Tuesday.

Apple launches $999 iPhone X

Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display that Chief Executive Tim Cook called “the biggest leap forward since the original iPhone.”

Volkswagen plans electric option for all models by 2030

Volkswagen, the world's biggest carmaker, will offer an electric version of all its 300 models by 2030, becoming the latest manufacturer to move away from petrol and diesel.

Tanzania to nationalize seized diamonds from Petra Diamonds

Tanzania said on Saturday it planned to nationalise diamonds whose value it put at $29.5 million belonging to a mine majority owned by London-listed Petra Diamonds after it accused the miner of under-declaring its mineral exports.

Chinese firm gets $1.2 billion road project from Zambia

Zambia has awarded a Chinese firm a $1.2 billion contract to expand part of a key road linking Zambia to the Democratic Republic of Congo and southern African neighbors, President Edgar Lungu said on Friday.

Uber and Taxi drivers clash in South Africa

Taxi drivers in South Africa on Thursday clashed with their colleagues driving Uber vehicles in the country’s major business district of Sandton near the Gautrain station, resulting in the destruction of three vehicles.

Tanzanian minister resigns over ‘bad’ mining deal

A Tanzanian minister, George Simbachawene on Thursday resigned following the outcome of an investigation into a diamond mining contracted awarded to Petra Diamonds Ltd.

Latest news

Nigerian High Commission apartments in Ghana demolished

Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers. The apartments have been constructed to...

Covid-19: Ghana records significant recovery numbers

Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered. The significant number of recoveries means the country now...

DR Congo: President’s ex-chief of staff jailed 20 years for corruption

The ex-chief of staff of the president of the Democratic Republic of Congo has been jailed 20 years by a high court. Vital Kamerhe was...

Covid-19: Zimbabwe’s health minister arrested, charged for graft

Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million. Moyo is accused of illegally...

Ghana’s new law that jails citizens not wearing facemask 10 years

Ghanaians who fail to wear the face masks in compliance with a presidential directive risk going to jail for ten years. They also face a...
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