news and current affairs.
NNPC and Chevron discovery at Awodi 07 well to increase output
Nigeria's oil partners hit a promising well and want higher output, chasing cash, reserves, and momentum. Production push plan Nigerian National Petroleum Company Limited targets higher daily barrels. Chevron Nigeria Limited runs the joint venture. Output goal sits near 146,000 barrels daily. Revenue upside drives the push. Awodi-07 well outcome Awodi-07 sits offshore in the western Niger Delta. Tests confirmed hydrocarbons across several zones. The well is wrapped cleanly after data capture. Confidence jumped across the asset base. Operations and timing Drilling kicked off in late November 2025. Work wrapped by mid-December 2025. Safety and compliance boxes stayed checked. The site was secured post-testing. Leadership reaction...
KCB Group acquires majority stake in Nick Mwendwa Riverbank Solutions
Football boss turned fintech winner just cashed out big after a bank regulator waved a deal through. Deal approval rundown Nick Mwendwa sold most of his company. KCB Group grabbed control. Stake sold stands at 75 percent. Insiders whisper a multibillion-shilling valuation. Regulator strings attached The Competition Authority of Kenya cleared the transaction. Existing client contracts stay untouched. Customer and merchant data must stay sealed. Bank access is limited strictly to fintech operations. Company background Riverbank Solutions was launched 15 years ago. Core work centers on public revenue systems. Counties like Kisumu and Migori used their tech. Other clients span banking, retail, and defense. Mwendwa backstory...
King Misuzulu kaZwelithini calls for calm amid Durban protests
The Zulu monarch urged restraint as local anger toward migrants spilled into schools, clinics, and politics. Royal call for calm Misuzulu kaZwelithini acknowledged rising resentment among citizens. Message pushed de-escalation over street-level confrontation. He said state leadership is part of the fix. Further remarks planned at Isandlwana commemoration. Durban flashpoint details Clashes erupted in Durban. Parents fought over placements at Addington Primary School. Access to hospitals and clinics sparked earlier pushback. Locals cited packed services and limited slots. Expert and civic warnings Vusumuzi Sibanda flagged leadership paralysis. He warned of state drift risks and deaths. Courts often step in while executives lag. Past...
DStv introduces payment sharing and virtual coins for users
DStv leaned into wallet pain, letting people split bills, reshuffle channels, and pay with app coins after a French takeover rattled the lineup. Payment sharing lands MultiChoice rolled out split-pay via the MyDStv app. Primary users send a payment link to helpers. Two people can cover one subscription together. Feature targets shared living setups. Ownership shift context Canal+ took control of MultiChoice. Product tweaks followed the takeover. Cost pressure framed the rollout. App-first changes got priority. Access package channel adds DStv Access gained Trace Ngoma. Trace Gospel joined permanently. WWE landed on the same tier. The entry package got broader content. Channel loss scare fades Warner Bros. Discovery talks reached...
Four die in head on collision near Nyazura Bridge
A deadly highway crash wiped out four lives in a flash, leaving one survivor and a wrecked stretch of road. Crash overview A head-on smash happened near Nyazura Bridge. A Zambian-registered haulage truck hit a Mazda truck. Impact occurred before dawn along the Mutare to Harare route. Cause and vehicles Mazda truck crossed lanes toward the oncoming hauler. The collision happened roughly 100 meters before the bridge. Haulage truck carried registration BCF 6582. Casualties and emergency response Four Mazda passengers died at the scene. One survivor suffered severe injuries. The victim received treatment at Rusape General Hospital. Scene conditions and police handling Bodies remained at the site around 7:30 am. Rusape Traffic...
George Munyaradzi Manyaya appointed Zimbabwe Tourism Authority CEO
Tourism board picked a credential-heavy insider to run marketing, betting on strategy chops and cross-sector muscle. CEO appointment basics Zimbabwe Tourism Authority named a new chief executive. George Munyaradzi Manyaya takes the seat. The start date is February 1, 2026. Why did the board go there They leaned hard on his academic depth. Leadership background spans public and private systems. Seen as steady hands for tourism growth. Career track record Last role was senior marketing lead at ZESA Holdings. Experience cuts across aviation, energy, banking, and mining. Worked within the International Organization for Migration framework. Boards and past tourism roles Chairs Zimbabwe National Road Administration. Drove governance...
Daniel Garwe denies involvement in Harare City Council land deal
Minister disowns land mess after city bosses get hauled in over a fake stand sale and a council power play. Minister steps back publicly Daniel Garwe flatly rejected links to the land saga. He framed the fight as predating his cabinet role. He blamed internal city politics for the chaos. Arrests and quick releases Rosemary Muronda and Shadreck Mashayamombe got picked up. Jacob Mafume faced questioning, then walked. Bail landed at US$500 after the complaint vanished. Land deal backstory The dispute centered on a stand in Newlands. Harare City Council blocked a transfer to Logara Properties. Plans pitched housing and a traffic fix near Borrowdale Road. Corruption claims and companies The Zimbabwe Anti-Corruption Commission stepped...
Prophet Walter Magaya detained in Harare over rape allegations
Courtroom visit flipped into custody after fresh rape claims stacked fast. Arrest inside the Harare court Prophet Walter Magaya showed up with his wife at Harare Magistrates Court. Cops grabbed him after proceedings, not during. He was hauled around in a seatless minibus. The second court return ended with cuffs and detention. First complainant's allegations A woman linked to Prophetic Healing and Deliverance Ministries with her parents. A job offer led her to church housing. A private meeting at a hotel room allegedly turned violent. She reported after learning of similar accusations. Second complainant's allegations A woman tied to the church across multiple years. Prayer sessions pushed her into extended hotel stays. Hotel...
Zimbabwe secures BADEA funding for MSMEs and seeks housing equity
Zimbabwe is pulling fresh BADEA cash for small businesses while lining up a housing play behind the scenes. MSME funding boost incoming Zimbabwe expects US$1 million from BADEA by March this year. Cash targets Micro, Small, and Medium Enterprises nationwide. Follow-up funding builds on earlier support. The previous tranche is already out US$1.29 million already reached by 29 MSMEs. Disbursement happened through SMEDCO. Funds touched multiple business sectors. Government talks and direction Mthuli Ncube met the BADEA leadership in Davos. Discussions pushed for deeper cooperation fast. Focus areas span infrastructure, energy, and industry. Why MSMEs matter here The sector drives over half of GDP. Employs roughly 60 percent of...
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