The Morning Call
In this week’s business segment, Amelia Martha Nakitimbo delves into the oil debate in Zimbabwe, the minimum wage deal in Nigeria and Jack Ma’s thoughts on the US-China trade war.
Scott Macmillan, the managing director of Invictus Energy sets the record straight on Zimbabwe’s oil potential, discovery and exploration.
This follows the contradictory reports from the government and the company, following last week’s declaration by president Emmerson Mnangagwa that oil, and gas deposits had been discovered in Northern Zimbabwe.
READ MORE: Zimbabwe discovers oil, gas deposits in north – President### Buhari’s deal with unionists
In Nigeria, the government on Tuesday bowed to pressure from labour unions to pay workers a minimum wage of 30,000 Naira (about $82) up from 18,000 naira.
READ MORE: Buhari approves $98 as Nigeria’s new monthly minimum wage### US-China trade war ‘is stupid’
Chinese billionaire, Jack Ma described the U.S.-China trade war as the ‘most stupid thing in this world’.
The Co-Founder and Executive Chairman of Alibaba Group made the comments during the first China International Import Expo taking place in Shanghai.
SUGGESTED READING: How China-US trade war could affect Africa @ameliamartha1
01:06
Brazil launches major security operation ahead of BRICS Summit
01:30
Nigerian singer Tems launches Leading Vibe Initiative to support women in music
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Zimbabwe court rejects opposition bid to block Gukurahundi massacre hearings
02:19
South African actor Embeth Davidtz makes directorial debut with Rhodesia-set drama
00:52
Nigeria’s Peter Obi to contest 2027 election, opposition coalition in jeopardy
01:47
New International Olympic Committee president Kirsty Coventry faces high expectations