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Robert Mugabe to Challenge Mnangagwa in Presidential Election

BY Soko Directory Team · March 8, 2018 11:03 am

Retired ex-president of Zimbabwe Robert Mugabe has formed a political party to challenge President Emmerson Mnangagwa at the polls later this year.

Mugabe, 94, was forced to step down last November following a de facto military coup.

Sources close to the former leader disclosed that Mugabe is bitter over his departure after 37 years in office and has given his support to the New Patriotic Front (NFP) party. READ MORE

South Africa to Announce Reforms at State-Owned Firms

South Africa is set to announce details of wide-ranging reforms at state-owned firms within four weeks according to the public enterprises’ minister.

This move comes as the South African Government seeks to return credibility to companies hobbled by graft and mismanagement. READ MORE

Africa’s Wealthiest Province Ready to Fund Its Vision

Africa’s wealthiest province, Gauteng, is set to fund its vision which was outlined by David Mukhura during his State of the Province address.

Gauteng Finance MEC Barbara Creecy tabled an R121.2 billion ($10bn) budget for the 2018/19 financial year in the Gauteng Provincial Legislature. The budget is up R9.1 billion, or 8% on the previous year, a significant increase in tough economic times. READ MORE

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