Good Morning Zimbabwe News
KAP Industrial posts 25% fall in annual profit
South Africa’s KAP Industrial on Tuesday reported a 25% fall in full-year profit citing the impact of an accounting change on a black economic empowerment transaction. Headline earnings per share (Heps) stood at 45.9 cents per share in the year to June 30, down from 61.6 cents per share... Read more
UCL Playoffs: Okereke, Dennis, Others Seek Good First Leg Results
Nigerian stars; David Okereke, Emmanuel Dennis and Peter Olayinka are looking to help their respective clubs get favourable results in today’s (Tuesday) UEFA Champions League Playoffs first leg fixtures, reports Okereke and Dennis are part of Club Brugge of Belgium squad that will face Austrian club, LASL at... Read more
Cameroon secessionist leaders jailed for life by military court
Ten Cameroonian separatists have been handed life sentences by a military court sitting in the capital, Yaounde. The convicts included the leader of the most known separatist group, the Southern Cameroon National Council, SCNC, Sisiku Ayuk Tabe. They were arrested in January 2018 at a hotel in the Nigerian... Read more
Steinhoff shares hit new lows even after creditor deal reached
Steinhoff International slumped to fresh lows on Monday, even after the embattled global retailer secured a long-awaited restructuring agreement on about 9 billion euros ($10 billion) of debt. The stock fell 5.5% to 6 euro cents in Frankfurt, where the South African company has its primary listing. In Johannesburg,... Read more
High court rules in favour of Denel employees – union
South Africa’s High Court ruled on Tuesday that cash-strapped state arms manufacturer Denel must pay taxes and other payments deducted from employees’ pay but not delivered to the tax office and other institutions, the Solidarity union said on Tuesday. Read: Denel employees could be in trouble with Sars “It... Read more
Zimbabwe police deploy hundreds in Gweru, MDC challenges another protest ban
Zimbabwe Police deployed in force in the city of Gweru on Tuesday, witnesses said, as authorities sought to keep a lid on dissent after banning the third anti-government protest that the main opposition party has sought to organise inside five days. The Movement for Democratic Change (MDC) planned rolling... Read more
Kehinde Wiley in ‘Michael Jackson: On the Wall’, touring to Espoo Museum of Modern Art
It features 48 established international artists from Andy Warhol to Isa Genzken, Kehinde Wiley and Jordan Wolfson. Inspired by the pop icon, the artists have examined the impact and influence of Jackson’s life and art on our culture and our ideas. All the participating artists – despite coming from... Read more
SA will look into modular nuclear technology – energy minister
South Africa will not adopt a “big bang” approach to building new nuclear power capacity, but it will look into adding modular nuclear technology at a pace it can afford, energy and mineral resources minister Gwede Mantashe said on Tuesday. “It comes back to a resolution we took as... Read more
FIFA Lists Seven Nigerian Referees For 2019 Futuro 111 Course In Kigali
Federation of International Football Association, FIFA, has listed no fewer than seven Nigerian referees for different categories of its Futuro 111 Course for referees instructors slated for Kigali, Rwanda, later this month, reports. Other referees drawn from other African countries are also expected to take part in the... Read more
Vedanta welcomes President Lungu to India
File:President Edgar Lungu (left) with Vedanta Resources PLC Chairman Anil Agarwal after a photo session at State House Vedanta Resources has welcomed President Edgar Lungu, and his delegation, to India for a State Visit. In a statement ahead of President Lungu, Vedanta says its relationship with Zambia is a... Read more