Botswana retailer Choppies sells ailing South African operations for 1 rand

GABORONE (Reuters) – Botswana budget retailer Choppies Enterprises will sell its loss-making South African operations for only 1 rand to escape existing liabilities and inject 100 million rand ($6.8 million) into the business. The assets being sold have been operating … Continue reading Botswana retailer Choppies sells ailing South African operations for 1 rand

Macron wants Sahel leaders to clarify stance on French military operation in region

France’s President Emmanuel Macron arrives for the NATO leaders summit in Watford, Britain December 4, 2019. REUTERS/Henry Nicholls WATFORD, England (Reuters) – French President Emmanuel Macron said on Wednesday he wanted a clarification from west African leaders on France’s military … Continue reading Macron wants Sahel leaders to clarify stance on French military operation in region

Namibian state fishing firm suspends CEO in corruption scandal

WINDHOEK (Reuters) – Namibia’s state-owned fishing firm Fishcor has suspended its chief executive following media reports that he and other government officials conspired with Iceland’s biggest fishing company to receive kickbacks in exchange for fishing rights. Fishcor Acting Chairperson Bennet … Continue reading Namibian state fishing firm suspends CEO in corruption scandal