It is not uncommon for companies to experience frequent CEO changes. Why does this happen? Is it governance? Is it the CEO? Is it the CEO’s relationship with the Board of Directors? Or is it something else? High CEO turnover may boil down to an individual problem, but before pointing too many fingers, organizations may […]
Tag: Business
IN SHORT: A Facebook post circulating in Nigeria claims that you can treat poisonous snakesbites by chewing the bark of a cashew tree. But this is false and snakebite victims should seek urgent medical care. As many as 2.7 million people are bitten by venomous snakes every year. Of those, between 81,000 and 138,000 die, […]
Africa is home to over 200 million people aged between 15 and 24, according to UN data. The continent has the largest population of young people in the world. This should be a sign of great productive potential. Unfortunately, youth unemployment and under-employment have held productivity back, resulting in a very slow pace of development […]
The South African government has downplayed the US embassy’s warning of a possible terrorist attack in Sandton on Saturday but other Western embassies are taking the threat more seriously and have repeated the warnings. The British, Canadian and Australian high commissions and the French and German embassies in Pretoria all relayed to their citizens the […]
President Cyril Ramaphosa says South Africans should be best informed by the South African government on matters of State security. The President said it was unfortunate that the United States government issued a terror alert on Wednesday without discussing it with the South African government. “It was quite unfortunate that the US government issued that […]
CITIZENS Coalition for Change leader Nelson Chamisa has been denied access to incarcerated lawmakers Job Sikhala and Godfrey Sithole, again at Chikurubi Maximum Prison. Chamisa was made to wait three hours before being allowed to get into the premises. He was then advised by prison officers that Justice Minister Ziyambi Ziyambi had instructed them to […]
Egypt is Ready to Host a Landmark COP27
H.E. Sameh Shoukry, Egyptian Minister of Foreign Affairs and COP27 President-Designate underlined that Egypt is “ready” to host the world leaders, delegates and climate stakeholders under the banner of “Together for Implementation,” following an on-ground review of preparations for COP27 in Sharm El Sheikh, Egypt. COP27, which gets underway on November 6 and hosts a […]
Civil society groups respond to Medium-Term Budget Policy Statement Civil society groups have welcomed the extension of the R350 grant but believe it’s not enough to make a meaningful impact in the lives of millions of unemployed people. This follows Minister of Finance Enoch Godongwana’s Medium-Term Budget Policy Statement (MTBPS) at the City Hall on […]
Populism as a rising global phenomenon is a danger to democracies around the world, from its extremist Latin American roots to liberation movements in Africa and the rise of a new European nationalism. Populist leaders have “turned democracies to coercion, capture and corruption”, Tendai Biti, Zimbabwean opposition party member of parliament, told a Daily Maverick […]
The Federal Executive Council last year approved the award of the contract for the rehabilitation of Warri and Kaduna Refineries at the combined total sum of $1.5 billion. The Nigerian National Petroleum Company Limited has signed an agreement with Daewoo Group of South Korea for the rehabilitation of the Kaduna Refinery, the government said Thursday. […]
The control measures that were imposed following an outbreak of contagious Bovine Pleuropneumonia, commonly known as Lung sickness which occurred in most parts of the Northern Communal Areas (NCA) since February this year have been lifted. The disease was confirmed in Kavango West, Kavango East, Ohangwena, and Oshikoto (north of the veterinary cordon fence), Omusati, […]
The Minister of Environment, Forestry and Tourism, Pohamba Shifeta called on African countries to lay down concrete and result-based actions on adaptation and mitigation including means of implementation particularly the provision of adequate, new, and predictable finance to address climate change. Speaking at the 10th Conference on Climate Change and Development in Africa on Wednesday, […]
THERE is gnashing of teeth within Zanu PF amid the impending announcement of a new Politburo expected to usher fresh blood and relegate the old guard to the peripheries. The current Politburo will be dissolved during congress. President Emmerson Mnangagwa will today preside over a crucial party Central Committee (CC) meeting in Harare, where constitutional […]
Sunyani — Rural and Community Banks (RCBs) must institute robust structures to sustain and grow their operations. Ms Susan Boateng, Sunyani Branch Manager of ARB Apex Bank Limited has said. She said with the banking sector clean up, it was imperative for RCBs to adopt strong internal controls and strict risk management compliance procedures to […]
Khartoum — The Sudanese Emergency Lawyers stated that the autopsy report following the death of protester Qasim Abdelwahab (19) on Tuesday’s March of the Millions, proves that he was killed by a gunshot wound to the head and chest. Samir Sheikh Idris, a member of the emergency lawyers, told Radio Dabanga that the autopsy report […]
The Jos Electricity Distribution Plc (JED), has promised to support the expansion of rural and urban electrification programme in Plateau to boost its economy. Abdu Mohammed, the Managing Director of the company said this when he visited the state Gov. Simon Lalong in Jos Mohammed also promised to push for the completion of the 132 […]
The traditional ruler of Idjerhe kingdom in Delta State, His Royal Majesty, Monday Whiskey has urged President Muhammadu Buhari to inaugurate the screened and confirmed statutory board of the Niger Delta Development Commission (NDDC) under the chairmanship of Dr. Pius Odubu and Managing Directorship of Olorogun Bernard Okumagba. The monarch, while commending the President for […]
Nigeria will need to invest up to $425 billion in mixed energy sources in order to attain stability by the year 2060, a new report has found. The report entitled Nigeria Leading Africa to Net Zero”, was released today by the global technology group, Wartsila and made available to Vanguard in Abuja. In the new […]