Africa & World
Dangote refinery raises record $2.5bn in landmark equity deal
DANGOTE Petroleum Refinery and Petrochemicals has raised US$2.5 billion through a private equity placement, in what the company says is the largest publicly disclosed private placement in Africa. The fundraising exercise was 3.7 times oversubscribed, reflecting strong investor demand for a stake…
Picture: Daily Nation Zambia
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Tanzania’s governing party expells Vice-President Emmanuel Nchimbi for indiscipline
TANZANIA’s VP EXPELLED FROM RULING PARTY FOR INDISCIPLINE AND HIS SUCCESSOR NAMED Emmanuel Nchimbi has been expelled from Tanzania’s ruling Chama Cha Mapinduzi (CCM) party for indiscipline following his decision earlier this week to resign as the country’s vice-president after 10 months in the job.The…
Walter Mzembi, once a key figure in the G40 faction, has formally applied to rejoin ZANU PF
Former cabinet minister Walter Mzembi, once a key figure in the G40 faction, has formally applied to rejoin ZANU PF after being expelled following the 2017 ouster of Robert Mugabe, with party members debating whether to accept him back. Mzembi, who served as tourism minister…
Two Zimbabweans Arrested over P375,000 Robbery of 3 Botswana Businessmen
Police Service (BPS) has made a breakthrough after arresting three men for robbing three businessmen in Maun of P375,000 (US$28,000) cash and property valued at P80,000 (US$5,970). Police said the robbery occurred on 5 June 2026, with two suspects arrested on 19 August 2026