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Business
South Africa’s COVID-19 fund pays out R16, 5 billion
Sandra Gama
THE Department of Employment and Labour says more than R16, 5 billion has already been paid out to employers and workers as part of the Covid-19 Temporary…
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Zambia seeks new mobile operator after unitel unit no-show
Taonga Clifford Mitimingi
• Firm had until May to set up Zambia’s fourth mobile operator
• Angolan billionaire Isabel dos Santos has 25% stake in Unitel
Zambia is looking for a new…
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Standard Chartered appoints new Head of Corporate Finance for Africa and the Middle East
Along with his new responsibilities as Head of Corporate Finance, AME, Abbas’ will also expand his role as Head of Project & Export Finance
DUBAI-Standard Chartered (www.SC.com)…
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Lesotho’s power utility company boss thrown behind bars after failing to pay bail, surety
...remanded in custody
Thato Thulo
Lesotho Electricity Company (LEC) planning and projects general manager Lefa Maqhebe Motlalane in state custody after failing to pay R50 000…
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Zimbabwe’s Tongaat increases sugar price
Herald Reporter
Sugar producer, Tongaat Hulett Zimbabwe (THZ) has with immediate effect almost doubled the price of sugar.
The last increase in the commodity’s price was in March.…
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Tough times for Lesotho’s fledgling diamond mines
Khotso Sello
LESOTHO’S fledgling diamond mining sector is facing huge viability challenges. Already reeling from the low prices for diamonds on the global market and the disruption…
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Moeketsi Majoro is Lesotho’s new prime minister
FORMER Finance Minister Moeketsi Majoro is Lesotho’s new prime minister.
He was sworn in as Lesotho’s prime minister on Wednesday. He takes over from Thomas Thabane who was forced to…
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Lesotho PM finally resigns, Majoro takes over
Thatho Thulo
MASERU---Prime minister Thomas Thabane resigned Tuesday morning after losing a long-running power struggle battle to members of his own All Basotho Convention (ABC)…
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15 000 SA farmers receive COVID-19 aid
More than 15 000 small-scale farmers have been approved for the COVID-19 Agricultural Disaster Fund, says Agriculture, Land Reform and Rural Development Minister, Thoko Didiza.…
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It could take the SA economy at least 6 years to recover from Covid-19, according to a new estimate
A new report estimates that the SA economy could shrink by 14% this year - if the country stayed at Level 4 for another week, followed by Level 3 for three weeks, and then remained…
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