By the AFREEQUE newsroom, based on 263Chat
The Civil Aviation Authority of Zimbabwe honoured 59 employees with between five and 40 years of service at a ceremony in Harare. The event combined long-service awards with wellness activities, a priority for the institution according to its chairperson, Nonkosi Makhosana Ncube.
Lagos Governor Babajide Sanwo-Olu is calling on Nigerian banks to develop financing to promote industrialisation, productivity and job creation. He was speaking at a ceremony organised by the Chartered Institute of Bankers of Nigeria, where 716 professionals received distinctions, according to a report by P.M. News.
🇳🇬 Nigeria · Source: P.M. News ·
PPC has sold Arlington Estate, a 418-hectare property, in Harare for $27 million. The transaction generated $21.4 million net, paid as a dividend by its Zimbabwean subsidiary, in which PPC holds an 88% stake, according to Business Day.
🇿🇼 Zimbabwe · Source: Business Day (South Africa) ·
Algeria will launch the distribution of 133,780 homes and housing assistance under several schemes across the country’s wilayas on Sunday. The scheme was announced in Algiers by Housing Minister Mohamed Tarek Belaribi during a national meeting, according to the Algeria Press Service (APS).
🇩🇿 Algeria · Source: Algérie Eco ·
Michellene Muzenda, a supervisor in Mutare, has been sentenced to two years in prison for falsifying sales records and embezzling US$16,241.05. The fraud, committed over four months, was uncovered by reconciling records with ATM statements, according to Zimbabwe’s National Prosecuting Authority.
🇿🇼 Zimbabwe · Source: 263Chat ·
FBC Securities urges caution in Zimbabwe stock selectionFBC Securities recommends that Zimbabwean investors favour shares in companies generating cash and able to withstand an expected economic slowdown next year. The firm is urging caution despite a 13% rise in Zimbabwe’s All Share Index in the third quarter, the Financial Gazette reports.
Zambia splits energy ministry into two administrationsZambia has split the Ministry of Energy into two administrations responsible for oil and electricity respectively. Energy expert Bornface Zulu believes the reorganisation should strengthen specialisation, accountability and the conduct of public policy, reports the Lusaka Times.The week in Africa
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