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Aug 23rd
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Nkosana appointed v-president and chief of the African Development Bank

FORMER Industry and International Trade minister Nkosana Moyo has been appointed vice-president and chief operations officer of the African Development Bank (AfDB).

 

In making the announcement AfDB said Moyo, a holder of a PhD in Physics from Imperial College, London, and MBA from Cranfield School of Management in England brings to the bank vast and extensive managerial and financial experience from the private and public sectors in Africa and international institutions.

 

Moyo who is a pilot has served in the IFC, Standard Chartered Bank, TA Holdings, Botswana Capital and Actis Capital, World Bank and Batanai Capital Finance, a company he founded in 1997.

Prior to his appointment to the ABD he served as senior advisor and chairman of Actis Africa Advisory Board, Actis Capital, LLP. He also sits on the boards of Diamond Bank in Nigeria, UAC -- Nigeria, South African Airways, Investment Climate Facility, Kumba Iron Ore - an Anglo subsidiary in South Africa. He is the chairman for Commercial Bank of Rwanda and DFCU Bank Group in Uganda.

 

In 2001 Moyo resigned as Minister of Industry and International Trade and left for South Africa after being appointed in 2000 due to "sharp differences" with President Robert Mugabe who described him as "spineless".

 
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Zimbabwe's great diamond rush brutally suppressed by Robert Mugabe's regime

By Douglas Rogers

When diamonds were found in a field near his parents' farm in Zimbabwe , Douglas Roge...

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China spearheads surge in state-sponsored executions and its mobile death chamber

China spearheads surge in state-sponsored executions and its mobile death chamber

By Robert Verkaik, Law Editor
Amnesty report condemns 'legalised terror' as number of prisoners kille...

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Zimbabwean women jailed in UK for using forged letter for university grant

A mother from Zimbabwe used a forged letter from the Home Office to secure a £25,000 bursary to fund a...

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Baboons hijacked motorists' cars to get at picnic food in South Africa

Baboons hijacked motorists' cars to get at picnic food in South Africa

A shrewd troop of baboons caused havoc along South Africa 's Cape peninsula over the weekend when they h...

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60 Nigerians deported from US

The United States authorities have deported 60 Nigerians accused of theft, credit card scams and drug-...

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Britain appeals to Uganda to intervene in Zimbabwe crisis

British Prime Minister Gordon Brown has appealed to visiting Ugandan leader Yoweri Museveni to inter...

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IMF ready to 'immediately' assist Zimbabwe

The International Monetary Fund has said it is ready to "immediately" help Zimbabwe 's new unity gover...

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Zimbabwe Family ‘tortured’ by Mugabe’s thugs face deportation from UK

Zimbabwe Family ‘tortured’ by Mugabe’s thugs face deportation from UK

By Andrew Norfolk
A mother and her two daughters who say they sought sanctuary in Britain after fleeing ...

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