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Monday, 23rd September 2019
6:50:51am

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Zimbabwe doctors say receiving death threats over strike

Striking Zimbabwean doctors said on Wednesday they were being threatened with death and suspected state security agents were pressuring them after police blocked their second protest march over the disappearance of their union leader.

Peter Magombeyi, president of the Zimbabwe Hospital Doctors Association (ZHDA) and one organiser of an ongoing…

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South African rand flat as central bank seen holding key rate

South Africa’s rand was little changed on Thursday, ahead of the central bank’s monetary policy decision later in the day where economists expect it to keep the key rate unchanged.

* The rand was trading at 14.6900 versus the U.S. dollar at 0625 GMT, less than 0.1% stronger than its previous close.

* The South African Reserve Bank (SARB) was seen…

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Kenya Airways chairman calls for professional board after nationalisation

Kenya Airways must avoid picking a board packed with politically-connected individuals after it is renationalised in order to ensure future success, its chairman said on Tuesday. 

The loss-making airline, which is 48.9% government-owned and 7.8% held by Air France-KLM, was privatised 23 years ago but sank into debt and losses in 2014. Lawmakers…

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Ethiopia rejects Egypt's plan for operating giant dam on the Nile

Ethiopia on Wednesday rejected a proposal by Egypt to operate a $4 billion hydropower dam the Horn of Africa country is constructing on the Nile, further deepening a dispute between the two nations over the project.

In a press conference in Ethiopia’s capital Addis Ababa, Sileshi Bekele, minister for water, irrigation and energy described Egypt’s…

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IMF sees Namibia growing in 2020 after three-year contraction

Namibia’s economy will return to growth in 2020 after contracting for three straight years, but a failure to implement structural reforms could keep the southwest African nation stuck in a low-growth trap, according to the International Monetary Fund.

The economy of the world's largest marine-diamond producer has been hit by a regional drought and…

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