business

Tweah Accuses Vice President Koung of Conspiracy During Corruption Trial Former Finance Minister Samuel Tweah has accused Vice President Jeremiah Koung of orchestrating a plot to imprison him, alleging that such a move would clear a path for Koung’s own presidential ambitions. These serious accusations emerged as Tweah's corruption trial resumed, where he and several former officials face allegations regarding the misappropriation of $6.2 million funds. The funds at the heart of the case were reportedly designated for…

A new scramble for Africa is underway — not with warships or colonial flags, but with battery supply chains, green-transition targets and high-level trade delegations. Governments and corporations are hunting lithium, cobalt, graphite, manganese, platinum-group metals and rare earth elements that power electric vehicles, wind turbines and digital infrastructure. The race promises opportunity for African states; it also risks renewing old patterns of extraction without local benefit or environmental safeguards. The global…

Protests Erupt in Kaduna Over El-Rufai's Continued Detention Protests erupted in various parts of Kaduna State in response to the ongoing detention of former Governor Nasir El-Rufai. The demonstrations, primarily led by youth groups, were fueled by concerns that El-Rufai's prolonged detention—despite pending court proceedings—undermines both due process and legal fairness. Participants voiced their frustrations and called for El-Rufai's immediate release, arguing that his treatment reflects a troubling trend of…

President Netumbo Nandi-Ndaitwah's two sons have rejected as "a blatant lie" allegations by Independent Patriots for Change (IPC) leader Panduleni Itula that they are involved in Namibia's oil industry, issuing a forceful denial on Friday and accusing the opposition of politically motivated smears. Itula earlier linked Ndeli and Nande Ndaitwah — identified by the IPC as members of the country's first family — to the petroleum sector through their private business interests. The opposition leader said the family was…

President Netumbo Nandi-Ndaitwah’s two sons have rejected as “blatant lies” an accusation by Independent Patriots for Change (IPC) leader Panduleni Itula that they are involved in the oil industry, saying the claims are politically motivated and threaten their safety and rights. Itula, whose party has positioned itself as a vocal critic of the ruling establishment, publicly linked Ndeli and Nande Ndaitwah to the petroleum sector through their private business interests. He said Ndeli’s company, Vaneli Foods, which was once…

HARARE — A group of public health physicians urged Harare and Washington on Thursday to resume negotiations after the collapse of a proposed $367 million bilateral health agreement that health experts say would have strengthened Zimbabwe's fragile health system. The proposed package, officials and health specialists said, was aimed at bolstering priority programs including HIV/AIDS treatment and prevention, tuberculosis control, malaria response, maternal and child health services and disease outbreak preparedness. Its…

Finance Minister Enoch Godongwana warned in his 2026 Budget speech that poorly run municipalities face the prospect of having national funds reduced if they fail to "clean up their act," signalling a shift by the national government from "oversight" to "active structural intervention" to stabilise local government finances. Godongwana told Parliament the move is aimed at improving the financial health of municipalities, many of which have long struggled with rising debt, weak revenue collection, and uneven service delivery.…

Attack on Peter Obi's Motorcade Raises Security Concerns in Edo State The motorcade of former presidential candidate Peter Obi was attacked by unknown gunmen in Edo State, escalating concerns regarding political violence as the country approaches crucial elections. According to a statement released by his media team, the incident occurred while Obi was en route to a meeting with the former chairman of the ruling All Progressives Congress (APC). "We unequivocally confirm the attack and assure all supporters worldwide that…

Malawi launches fresh investigation into Chikangawa military plane crash that killed former Vice President Saulos Klaus Chilima and eight others in June 2024, citing gaps in earlier probes. Minister of Justice and Constitutional Affairs Charles Mhango on Tuesday announced a new, comprehensive review of the Chikangawa crash after a government audit found previous inquiries did not provide clear, conclusive explanations for the accident. The minister said a government review of earlier findings — including the national…

Nigeria Denies Ransom Payments to Boko Haram for School Abductions The Nigerian government has categorically rejected claims that it paid a significant ransom to the Islamist group Boko Haram in connection to the abduction of more than 200 pupils and staff from St. Mary's School in Papiri in November 2024. Information Minister Mohammed Idris described the allegations, which emerged from a report by AFP citing unnamed intelligence sources, as "false and baseless reporting," asserting that such claims undermine the…