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Pan African Investor Mulls US$1,25bn Fund, Sees Opportunities Where Many Are Scaling Down

PRETORIA - Helios, the Pan African private equity investment firm co-founded by Nigerian-born dealmakers Tope Lawani and Babatunde Soyoye-is planning to raise US$1,25 billion...

Zimbabwe Signs An Inflationary Power Agreement With Eskom

HARARE - An agreement signed between Zimbabwe and South African power firm, Eskom tying Harare to pay weekly installments of US$890 000 to offset a...

SAA Strike Threatens Regional Trade

Johannesburg - A protracted deadlock between South Africa Airways trade unions and South Africa Airways (SAA) on Tuesday threatens to dampen regional trade and...

Old Mutual Gives Notice to Fire CEO

JOHANNESBURG - Insurance giant, Old Mutual is to fire chief executive officer (CEO) Peter Moyo after suspending him last month over conflict of interest. It said on...

First Capital Bank deal on hold

HARARE-Zimbabwe Stock Exchange listed financial services giant, First Capital Bank (FCB) said Monday it had placed on hold a plan to unbundle and separately...