Van Beurden to step down as British energy firm Shell chief executive
British energy giant Shell announced on Thursday that CEO Ben van Beurden will step down at the end of the year to be replaced by renewables director Wael Sawan.
Business
HRDC tells Chakwera to act on Malawi economic crisis or resign
The Human Rights Defenders Coalition (HRDC) has called upon President Lazarus Chakwera to urgently address the nation on the economic crisis grappling Malawi.
Theranos founder Elizabeth Holmes requests new trial
Convicted Theranos founder Elizabeth Holmes requested a new trial Monday, saying a star prosecution witness showed up at her home and felt she "did something wrong."
Prasa corruption whistleblower Martha Ngoye feels betrayed
Martha Ngoye, the whistleblower responsible for exposing widespread corruption at the Passenger Rail Agency of South Africa (Prasa), said she felt betrayed by her country.
Zambia secures US$1,3bn loan from IMF to restore fiscal stability
The International Monetary Fund (IMF) has approved a $1.3 billion loan to indebted Zambia to help restore fiscal stability and is urging the country to fight corruption.
Nash Paints unveils US$1,1m state of art plant
Paint manufacturer, Nash Paints, commissioned a new $1.1 million state-of-the-art decorative paint manufacturing plant Wednesday in preparation for its recovery from the effects of the COVID-19 pandemic.
TotalEnergies to sell stake in Russian gas field supplying Moscow warplanes
French energy company TotalEnergies said on Friday it was selling its stake in a Russian gas field reported this week as supplying fuel that lands on Russian warplanes.
China allocates 10bn yuan subsidy to rice farmers
China's State Council on Wednesday announced a 10 billion yuan ($1.45 billion) subsidy to support rice farmers experiencing drought conditions which authorities have warned pose a "severe threat" to this year's autumn harvest.
Mozambique secures $300m World Bank grant after debt scandal
The World Bank on Monday signed a $300 million grant to Mozambique, returning to the country six years after aid was suspended due to a hidden debt scandal.
Zimbabwe strikes $6,4m electricity import deal with Zambia
Zimbabwe has signed a five-year deal to import 100 megawatts per day of electricity from Zambia after paying $6.4 million in advance to Zesco, Zambia's energy supplier.
