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South Africa: Peter Moyo Suspended as CEO of Insurance Giant Old Mutual

allAfrica  

[allAfrica] Cape Town -Peter Moyo, the chief executive of Old Mutual Limited and Old Mutual Life Assurance Company Limited, has been suspended by the Old Mutual Board who said the decision was based on the "breakdown in trust" between Moyo and the board.

Old Mutual Partners With Some Of SA’s Top Musicians To Launch AMPD Studios

AfricaDotcom  

Last night, Africa’s leading financial services company, Old Mutual, announced the launch of their new and exciting music hub in Johannesburg’s vibey Newtown.

South Africa: At 21, Itumeleng Ntsube Is South Africa's Youngest Ever MP

allAfrica  

[This is Africa] South Africa's youngest legislator ever, 21-year-old Itumeleng Ntsube of the African National Congress, was sworn into office on 23 May as a member of the National Council of Provinces, the country's upper House of Parliament.

South Africa: Do Eight Professionals Leave South Africa for Every One That Comes In?

allAfrica  

[Africa Check] Claims

Inspiring Action on Africa Day

This Is Africa  

Africa Day presents an opportunity to discuss challenges from the perspective of opportunity, says Dr Richard Munang.

Binyavanga Wainaina: How to write about Africa - a tribute

BBC News Africa  

BBC Africa staff read extracts from Binyavanga Wainaina's satirical essay in tribute to the late writer.

Africa Oil & Power Conference to Help Boost Job Creation and Economic Growth

Footprint To Africa  

The 2019 edition of the Africa Oil & Power (AOP) Conference is set to highlight the role of the continent’s energy sector in job creation and economic growth. The event, which is described as the official conference of South Africa’s Department of Energy, will this year showcase the energy industry as a lucrative investment option

Zandre Campos Discusses Investment Opportunities in Angola’s Tourism Industry

AfricaDotcom  

With growing support from allies, infrastructure improvements, and the right promotional support, Angola has the opportunity to become a leader in the tourism space domestically and globally.

Malawi: Observers Note Problems in Malawi Elections

allAfrica  

[VOA] Foreign observers of Malawi's presidential, parliamentary and local elections issued a preliminary assessment Thursday, saying that although the process was peaceful, it lacked a level playing field.

Kenya Revenue Authority wins $1.6 Million case against Italian dam Construction Firm CMC Di Ravenna

Footprint To Africa  

The Kenya Revenue Authority (KRA), the country’s tax collection body, has won a case against Italian Dam Construction company Co-operativa Muratori e Cementisti (CMC) di Ravenna, seeking a Ksh166 million (about $1.64 million) Value Added Tax Refund. In a judgment delivered this week by Kenya’s High Court Judges Lady Justice Pauline Nyamweya and John Mativo,

Dangote Cement raises 50 billion naira through Commercial Papers to support short-term funding

Footprint To Africa  

Dangote Cement is raising 50 billion naira in the fifth, sixth and seventh series of its 150 billion naira Commercial Paper (CP) programme. The series 5 is for 93 days tenor with effective yield of 12.38 percent, while series 6 is for 178 days and has effective yield of 13.08 percent. The series 7 is for 269

South Africa: U.S. Disappointed Ex-Mozambique Finance Chief Won't Face U.S. Trial

allAfrica  

[VOA] The United States says it is greatly disappointed with South Africa's decision to send a former Mozambican finance minister home instead of to the U.S. to stand trial on fraud charges.

Nigeria: After 61 Years, Israeli PM Plans to Visit Nigeria

allAfrica  

[This Day] The Israeli Ambassador to Nigeria, Mr. Shimon Ben-Shosan, said Thursday that his Prime Minister, Mr. Benjamin Netanyahu, and the President, Mr. Reuvin Rivlin, could visit Nigeria soon, 61 years after an Israeli PM came to Nigeria in 1958.

Somalia: Dispute Over Oil Deposits Raises Somalia-Kenya Tension

allAfrica  

[VOA] The Somali government says it's not ready to take any action that could threaten its relationship with its neighbor Kenya. The announcement comes amidst simmering tensions over potential offshore oil deposits and an incident where Somali government officials and diplomats were denied entry to Kenya this week.

East Africa: Region Closer to Banning Hydroquinone Skin-Lightening Products

allAfrica  

[VOA] East African countries are set to ban skin-lightening products that contain hydroquinone, a medical agent linked to health problems when used in high concentrations. The East African Legislative Assembly last week passed a resolution calling for a region-wide ban on the manufacturing and importation of products containing hydroquinone.

Safaricom to partner with Vodacom to purchase M-Pesa rights from Vodafone

Footprint To Africa  

Vodacom and Kenya’s Safaricom will partner to acquire the intellectual property rights to the popular M-Pesa mobile financial services platform from Britain’s Vodafone. The Chief Executive Officer of Safaricom, Bob Collymore said the 12 million euro ($13.4 million) deal will let both purchasers make significant savings in royalties paid to Vodafone and expand the service to new African

Central African Republic: Three Days of Mourning for Victims of Massacre

allAfrica  

[VOA] Central Africa Republic is observing three days of official mourning for the victims of Tuesday's massacre, which left more than 50 people dead in a town near the border with Chad.

Sudan: Blocked Arrest of Ex-Official Stirs Concern

allAfrica  

[VOA] Sudan's public prosecutors have called for the dismissal of the director of the National Intelligence and Security Service after agents prevented police from arresting former security chief Salah Abdallah, known as Salah Gosh.

In conversation with Bonang Matheba: "I know what just one educated girl can do for a community."

OkayAfrica  

The TV star talks about getting the presidential nod, her new sparkling wine and sending 300 Black girls to university by 2020.

Nigerian Universities receive 100 million naira from the NCC for ICT research

Footprint To Africa  

Certain Nigerian Universities revived the sum of 100 million naira from the Nigerian Communications Commission (NCC) to carry out research in telecommunications and Information Communication Technology (ICT). The Executive Vice Chairman of the NCC, Prof. Umar Danbatta, who spoke at the endowment of professional chairs for some universities, said that the funds will help in enhancing research that

South Africa: Banyana Banyana To Earn Same as Male Counterparts

allAfrica  

[allAfrica] Cape Town -South Africa's women's national soccer team are off to the FIFA Women's World Cup in France - and for the first time will earn the same as their male counterparts.

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