Zimbabwe Mining Development Corp faces losing its stuff because it hasn't paid a massive $93 million debt from a legal fight that started ten years ago. The company Amaplat Mauritius plans to go after ZMDC harder, including a court hearing in Canada at the end of June. Previous attempts to grab Zimbabwe's diamonds show what might happen if the ZMDC loses in court.
ZMDC has repeatedly asked the government to take over this debt problem. The mess started in 2014 when an international court ordered Zimbabwe to pay Amaplat after canceling mining projects. The original $65.9 million debt grew larger with interest charges added on top. Zimbabwe agreed to pay in 2021 but never actually handed over any money.
ZMDC tried to fix things by...
TSL just bought most of Nampak Zimbabwe for a cool $25 million. They bought 51% from South African parent company Nampak Holdings, making them the new bosses of Zimbabwe's top packaging maker. The deal isn't final until regulators say yes, so everyone involved needs to stay hush-hush for the moment.
Nampak Zimbabwe makes all kinds of packaging – bottles, crates, paper boxes, metal cans – stuff that keeps products safe. Delta Corporation helped start the company back in 1993 and still keeps 22% of the shares. The price tag values the entire company at nearly $49 million.
TSL plans to make offers for the remaining shares soon. Funny enough, they sold their stake in Nampak Zimbabwe six years ago for $15 million. The South African parent...
A major hospital wants other medical centers to help pay for oxygen plant costs instead of carrying the burden alone. Jaramogi Oginga Odinga Teaching and Referral Hospital faces yearly bills between 7 and 10 million shillings to keep its oxygen plant running. The hospital plans to start cost-sharing with 21 other facilities from May next year. USAID and JHPIEGO recently fixed up the plant after making repairs and improvements.
Hospital CEO Dr. Richard Lesiyampe thinks they need another oxygen plant because more patients require oxygen therapy these days. The hospital currently helps about 90 patients breathe easier every day, but staff expect that number to grow as more sick people arrive from nearby areas. JHPIEGO praised the hospital...
Mercy Mwangangi landed the top job at the Social Health Authority after Health Cabinet Secretary Aden Duale picked her up on Friday. She battled through a tough selection process against eleven other candidates. The former Health Chief Administrative Secretary currently works as Senior Health Systems Strengthening Director at AMREF Health Africa. There, she leads health financing across the continent, bringing in funding for primary healthcare.
The Ministry feels confident she'll deliver on SHA's mission as its first-ever CEO. Mwangangi brings over 15 years of experience in universal health coverage, reform, plus health systems work. She previously served under former President Uhuru Kenyatta's government. During that time, she helped...
A penguin inside a cardboard box caused a helicopter crash in South Africa. The investigation found the unsecured bird slid off a passenger's lap right after takeoff from Bird Island. It knocked into the pilot's controls, sending the aircraft crashing down. Nobody got hurt during the accident - including the penguin. The South African Civil Aviation Authority blamed the "lack of secure containment" for creating this dangerous situation.
The helicopter had been conducting an aerial survey of the Eastern Cape island on January 19. After finishing its work, a specialist asked to transport one penguin back to Port Elizabeth. The report doesn't explain why they needed the penguin. Officials said the pilot did a "risk assessment" but forgot...
Ex-Nairobi Governor Mike Sonko revealed former boxing star Conjestina Achieng won't leave her Mombasa rehab center despite recovering fully. She landed a paid job at the same facility where she healed after her relapse. Sonko expressed pride in her recovery journey, calling it proof that healing happens even after setbacks. He wished her success in this fresh chapter of life.
Conjestina had previously relapsed following initial treatment, with people blaming old village friends from Siaya for the setback. She worked as a bouncer at one of Sonko's businesses before returning to rehab. The Boxer herself admitted relapsing but feels better today, working alongside Mama Amin on the women's rescue team as a bodyguard. She thanked Sonko for...
Apple faces massive trouble after Trump imposed a whopping 125 percent tariff on Chinese goods. Most countries got a 90-day break from these fees, but China missed out completely. This creates huge problems since Foxconn runs its biggest iPhone factory in Shenzhen. The tech giant lost about $640 billion in value over just three days when the tariff news broke. That equals nearly 20% of Apple's total worth.
Morgan Stanley experts think Apple might still avoid raising iPhone prices. They suggest the company push customers toward buying higher-storage iPhone 17 Pro models instead of base versions. These pricier models give Apple 10-15% better profit margins on each sale. The company also needs to make more phones in India rather than...
Nearly 100 people were locked up after street protests against President Mnangagwa. The magistrate refused bail because he thought they might cause more trouble if released. He claimed letting them go would create "commotion" across the country.
The court heard these protesters gathered, planning to stir up violence. They allegedly wanted to march through Harare streets toward the State House to force out the president. Police say they found about 200 people at Robert Mugabe Square making threats against Mnangagwa. The group reportedly piled stones, bricks, plus tires along the road.
The demonstrations came after social media calls from ex-Zanu PF member Blessed Geza, who supports Vice President Chiwenga becoming president instead...
Zimbabwe's government just hired more than a thousand graduates from its youth service program—a scheme critics say creates Zanu PF attack dogs. Information Minister Jenfan Muswere announced that 1,077 young people who finished the six-month training will work in government institutions, including security forces.
The program started under Robert Mugabe but stopped because of money problems. President Mnangagwa brought it back last May with plans to train 100,000 youths within five years. According to Muswere, it's already showing "positive dividends" for young people. These first graduates will fill positions at state-funded colleges, public service, military units, government companies, plus special projects like road repairs and...
