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South Africa’s Old Mutual Suspends CEO

JOHANNESBURG - Old Mutual Ltd on Friday suspended chief executive officer Peter Moyo over a conflict of interest involving his investment firm NMT Capital. The...

Alibaba’s Jack Ma: Africa’s Saviour

Addis Ababa - On Sunday, a first planeload of donated medical equipment and protective clothing to Africa by Alibaba co-founder Jack Ma arrived in...

Fresh Wave of Abuses in Zimbabwe’s Diamond Fields

MUTARE - Several illegal diamond panners have been mauled by dogs belonging to Zimbabwe’s State-run Zimbabwe Consolidated Diamond Company (ZCDC) in the east of the...

Ex-Steward Bank CEO Assumes BancABC Managing Director’s Role

HARARE - Former Steward Bank chief executive officer, Lance Mambondiani has been appointed managing director at BancABC Zimbabwe, a unit of the regional financial...

Survival of Iraqi State at risk, UN Mission Warns

The UN chief on Monday issued a call for “calm and restraint” in the Iraqi capital Baghdad following a day of reportedly violent protests...