PETRA Diamonds will grant the government of Tanzania a 16 percent free carried interest in its subsidiary Williamson Diamonds Limited, CEO Richard Duffy said at a signing ceremony in Dar Es Salaam on Monday, December 13. The move will bring…
SOME shops at the popular Computer Village market in Ikeja, Lagos State have been razed in a fire outbreak that occurred in the early hours of Monday. According to the Lagos State Police Command spokesperson, Adekunle Ajisebutu, the fire outbreak…
THE World Bank has withdrawn its support for a population and housing census in Sierra Leone just days before it was due to begin, according to a letter from the Bank addressed to Sierra Leone’s finance minister. President Julius Maada…
By Norbert Fidelis MR. Chidiebere. C. O biorah is the CEO and Managing Director of OBIC TRADE He is specialised in Bitcoin trading as well as phone accessories and gadgets. According to to him, the Bitcoin business is gaining wide…
THE Democratic Republic of Congo (DRC) is a rare ‘bright spot’ in Africa’s economic performance as high commodity prices and government reform improve finances, the head of the International Monetary Fund said on Wednesday. Congo’s economy is expected to grow…
ABOUT US$1.7 trillion ‘is estimated to be wagered on illicit betting markets each year, according to a new report released on Thursday by the United Nations Office on Drugs and Crime (UNODC). The Global Report on Corruption in Sport which…
WHEN Paul and I were starting Microsoft, we had a vision that personal computers would one day play a significant role in people’s lives. But I don’t think either of us ever foresaw a future where they would be your…
SOUTH Africa’s wholly black-owned Cannabis Holdings Group, Labat Africa Limited, has listed its shares as a dual listing on the Frankfurt Stock Exchange (FSE). The shares were admitted to trading when the market opened Monday, without restriction. Labat listed on…
FOR the fourth consecutive year, Uganda’s electricity sector is Africa’s best regulated across a number of key metrics, according to the African Development Bank’s 2021 Electricity Regulatory Index. Other strong performers include East African neighbours, Kenya and Tanzania, as well…
NO fewer than 10 local government areas in Osun State have been shortlisted for the Federal Government’s Rapid Response Register (RRR) scheme, under which some indigent people will receive the sum of #5,000 monthly. Before now, six out of the…
