Category Global

Mobius Motors Shuts Down Amid Cash Woes

  KENYA’S Mobius Motors, a pioneer in creating affordable and rugged SUVs for Africa’s challenging roads, has announced it will cease operations due to severe financial difficulties. The decision comes after a decade of efforts to provide low-cost, durable vehicles for…

Tanzania And China Sign $77m deal For Iron Ore Project

TANZANIA’S state-owned National Development Corporation (NDC) has partnered with the Chinese company Fujian Hexingwang Industrial Co. Ltd to develop the Maganga Matitu iron ore project in the Njombe Region. The agreement, valued at $77.4 million, was signed on August 3…

Glencore Fined Over $150m for Congo Bribery Case

  SWISS federal prosecutors announced on Monday that Glencore’s international unit has been found ‘criminally liable’ and ordered to pay over $150 million in fines and compensation after concluding a probe into bribery related to the Congo mining industry over…

Miss South Africa Finalist Citizenship Controversy Rages

CHIDIMMA Adetshina, a 2024 Miss South Africa pageant finalist, continues to face criticism over her eligibility due to her Nigerian heritage. The controversy intensified after a video of her traditional Nigerian wedding surfaced online, allegedly violating competition guidelines. Adetshina, born in South…

5.5-magnitude Quake hits Vanuatu Islands

  AN earthquake with a magnitude of 5.5 jolted Vanuatu Islands at 0859 GMT on Tuesday. The GFZ German Research Centre for Geosciences said. The epicentre, with a depth of 97.0 km. It was initially determined to be at 15.16…