Business

Microsoft beats Amazon for $10 billion Pentagon contract

Microsoft Corp has won the Pentagon’s $10 billion cloud computing contract, the US Defense Department said on Friday, beating out favorite Amazon. com Inc. The contracting process had long been mired in conflict of interest allegations, even drawing the attention of US president Donald Trump, who has publicly taken swipes at Amazon and its founder Jeff Bezos. Mr Trump in August said his administration was reviewing Amazon’s bid after complaints from other companies. The Joint Enterprise Defense Infrastructure

On Awarding Of Marsfontein Mining Permit, Botswana Diamonds Shares Rise

Shares rose in Botswana Diamonds Ltd on Monday after its associate Vutomi Mining Pty Ltd was granted a mining permit for the diamond bearing gravels and residual unprocessed stockpiles around the Marsfontein diamond mine in Limpopo, South Africa. Shares the diamond explorer were 24% higher at 1.36 pence on Monday morning in London. In September, Vutomi signed a mining and processing agreement with Eurafrican Diamond Corp. Under the agreement, Eurafrican

Banks denied instructing MTN to deduct charges for USSD

Commercial banks on Monday denied instructing MTN to deduct charges for USSD. In an advertorial, the lenders, acting under the aegis of Body of Bank CEOs said its attention had been drawn to a text message sent by the telco concerning the issue. “Our attention has been drawn to SMS sent on Saturday 19th October by MTN Nigeria Communications PLC to customers of banks in Nigeria in respect of the

CBN’s forex restrictions not impeding investments Says Emefiele

The Governor of Central Bank of Nigeria, Mr Godwin Emefiele on Sunday said that the current foreign exchange restriction policy of the apex bank was not restricting investment inflows into the country. The Governor said this during a media briefing on the sidelines of the annual meetings of the World Bank/International Monetary Fund holding in Washington DC. The International Monetary Fund had on Wednesday called on the CBN to unify

Knowing your money personality type is crucial

Unconscious beliefs about money often limit or influence the way we make financial decisions as Nedbank highlights in a soapie-style 15-minute movie, Money Secrets. The bank has set up a quiz to help you identify your money personality and a series of interviews with a psychologist and celebrities in the Money Series can help you work through your relationship with money and make positive changes. The bank developed its own eight

‘Broken System’ Starves U.S. Oil Boom Of Immigrant Workers

October 14, 2019 By Andrew Hay HOBBS, N.M. (Reuters) – New Mexico oil man Johnny Vega laid out his predicament as his crew hoisted pipes from a well during the biggest oil boom in U.S. history. The son of a Mexican guestworker, Vega cannot find enough legal workers to meet demand for his oil well service rigs. Report Ad There is no shortage of Hispanic and Latino immigrant workers without

Case of nurse accused of smothering her son stalls due to psychiatrist report

Durban mom Megan Prins, who is accused of murdering her seven-year-old son Sloan in July last year, is likely to raise a defence of “temporary insanity” and her trial will essentially be a “clash” of psychiatrists’ opinions. While three state psychiatrists have already found her fit to stand trial, Prins, a qualified nurse, has consulted a private psychiatrist.  This report is expected to shed light on whether she knew the

Enjoying freedom of Life

Hello, my name is Ewala. I come from the planet Alawe, in the galaxy Ewala, in the universe Alawe. But the point is I tried. If you think you need to go to the bakery, please do so now, because I do not want to be interrupted while I tell you my story. …but anyway, I have been thinking about my happiness lately and have come to the conclusion that