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Power Crisis Stiffles Zimbabwe Gold Mines

HARARE - A dire power crisis that has crippled Zimbabwe in the past eight months has hit gold mines hard, with output plummeting by 28,7...

How Kenyan officials use fake identities to execute mega car fraud

NAIROBI - If rogue officers at the National Transport and Safety Authority (NTSA) are to be believed, Mariam Omar Mwakituko rose from the dead and...

Zimbabwe Fuel Crisis Worsens

HARARE - Following the recent 26 percent fuel price increases by the Zimbabwe Energy Regulatory Authority, fuel supplies across the country have grinded to a...

Zimbabwe Firms Line up Fresh Power Deals

HARARE - Aspiring independent power producers (IPPs) this week lodged fresh bids to bring online a combined 40,6 megawatt (MW) in the Midlands and...

Mauritius’ MCB Signs US$800m Deal

PORT LOUIS - The Mauritius Commercial Bank Ltd (MCB), Standard Chartered Bank and Sumitomo Mitsui Banking Corporation Europe Limited have announced the signing and successful closing of...