Cell C listing triggers R5.2bn hit on Blu Label
BLU’s carrying value of Cell C has dropped. (Photograph by Nicola Mawson) JSE-listed Blu Label Unlimited is set to take a R5.2 billion hit on its stake in Cell C because the value of its investment at listing was lower than the value it was carrying on its books, resulting in an accounting loss. In…
Africa: ACIS 2026 Set to Open $40trn Africa-Caribbean Investment Market
Abuja — The 2026 edition of the Afro-Caribbean Investment Summit (ACIS) will focus on boosting trade, investment, and private sector partnerships between Africa and the Caribbean, targeting a combined market valued at $40 trillion across Africa, the Caribbean, and the Americas. Chief of Staff of Aquarian Consult Ltd, Serumun Ubwa, disclosed this while briefing journalists…
Africa: Live54+ and the Consolidation Play Reshaping Africa’s Creative Capital Markets
The formal launch of Live54+ marks a significant development in the maturation of Africa’s creative industries from culturally influential but structurally fragmented enterprises into a consolidated, investment-grade platform. Headquartered in Nairobi with coordination hubs in Dubai and Mauritius, the group unifies several established East and West African creative businesses under a single multinational holding framework,…
U.S. star Jordan Stolz takes silver in 1,500-meter speedskating at Winter Olympics after winning 2 gold medals
American speedskater Jordan Stolz came just short of his third Olympic gold on Thursday, losing out to China’s Ning Zhongyan in the men’s 1,500-meter race and instead taking silver. Stolz was initially favored to win the race but ultimately came up about one second too slow, after Zhongyan finished the event in 1:41.98 and set…
Blu Label takes R5.2-billion Cell C hit, touts clean slate ahead
Blu Label Unlimited Group will post a massive basic earnings loss for the six months to end-November 2025, driven almost entirely by a R5.2-billion accounting hit linked to its disposal of control in Cell C – but the company is keen to draw attention to what it says is a far more meaningful picture of…
Africa: Ghana – Zambia Deepen Diplomatic Ties
IN international relations and diplomacy, foreign policy programmes of countries play very pivotal roles in their developmental programmes and shape their international relationship with the outside world. Countries adopt different foreign diplomatic programmes in alliance with other countries and the international community driven by various factors and objectives. One key influence and objective for which…
Africa: AUC Chairperson This Morning Held a Consultative Meeting With the Bureau of the AU Staff Association to Advance Dialogue On Staff Welfare & Institutional Reform
The Chairperson of the African Union Commission, H.E. Mahmoud Ali Youssouf, this morning held a consultative meeting with the Bureau of the AU Staff Association to advance dialogue on staff welfare & institutional reform. The President of the Staff Association, Mr. Nouhou Thiam, & members of his Bureau briefed the Chairperson on key issues relating…
France hit by more than 35 days of rain | Floods News
Published On 19 Feb 202619 Feb 2026 Click here to share on social media share2 Share France has marked a record-breaking streak of more than 35 consecutive days of rain. National weather service Meteo-France said the country was experiencing its longest series of rainy days since measurements began in 1959, breaking the 2023 record. Four…
Google launches the budget Pixel 10a with flagship AI features
Google’s A-series has long defined the value proposition in the midrange smartphone market, and the new Pixel 10a appears set to continue that legacy. Starting at $499, the device balances premium display technology and sustainable build materials with a refined, minimalist aesthetic. Read: Nvidia secures multiyear megadeal to power Meta’s AI infrastructure The Pixel 10a…
Africa: AU Summit – Annual Ritual Without Tangible Progress
Addis Abeba — Every February, heads of state and government from across the continent gather under the banner of the African Union in Addis Abeba, a city that symbolizes Africa’s diplomatic heart. The summits produce carefully crafted communiqués, ambitious development themes, and public pledges of unity. Then the leaders return home, and for millions of…