VALR hits back at proposed cross-border crypto ban
VALR CEO Farzam Ehsani Barring South African companies from moving crypto assets across the country’s borders will likely drive those transactions underground or offshore and reduce the very oversight national treasury and the South African Reserve Bank are trying to achieve, according to VALR CEO Farzam Ehsani. Ehsani was responding to the draft Crypto Asset…
U.S.-Iran deal to open Hormuz could come Tuesday or Wednesday: Bessent
The U.S. and Iran could reach a deal on Tuesday or Wednesday to reopen the Strait of Hormuz with freedom of movement for commercial ships, Treasury Secretary Scott Bessent said in an interview. “We are in talks with the Iranians,” Bessent told CNBC’s “Squawk Box.” “There is a chance we may have a deal today…
Meta burns 91% of cash reserves on costly AI infrastructure
Meta Platforms reported a staggering 91% drop in second-quarter free cash flow to $784 million, down from $8.55 billion a year earlier, as the financial burden of its massive artificial intelligence buildout mounts. The cash flow collapse, marking Meta’s lowest level since late 2022 when its Reality Labs division faced heavy scrutiny over $80 billion…
Senate Judiciary Committee advances Todd Blanche’s attorney general nomination
IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Senate Judiciary Committee advances Todd Blanche’s attorney general nomination 04:12 UP NEXT Jeanine Pirro Faces Uncertain Future After Reflecting Pool Case 01:53 Democrats Face Big Test in Critical Michigan Primary 05:08 Republican holdouts end opposition to Blanche nomination…
Africa: Ethsafari Marks Five Years Connecting Africa to Global Blockchain Ecosystem
Nairobi — ETHSafari is marking its fifth anniversary this year, celebrating its growth into one of Africa’s leading blockchain gatherings connecting the continent’s developers, entrepreneurs and communities with the global Web3 ecosystem. Founded after African blockchain leaders repeatedly encountered questions about the continent’s innovation ecosystem at international conferences, ETHSafari was created to showcase Africa’s blockchain…
IT leaders urge stronger governance as shadow AI creeps to the endpoint
Clayton Campbell, MD of Onsite IT. AI is being used across companies, often without IT teams having full visibility into which tools employees are using, what data they are accessing or the risks they may introduce, according to South African managed services provider Onsite IT and its software partner Jamf. While the findings apply broadly…
Lesaka Unites Its Fintech Brands Under One Name
JSE-listed fintech group Lesaka Technologies, Inc. (Nasdaq: LSAK; JSE: LSK) is consolidating its merchant-focused businesses under the name of Lesaka. The new brand signals how Lesaka has brought together leading fintech companies into a single platform that mirrors how merchants run their businesses. The move follows Lesaka acquiring the Connect Group in 2021 and Adumo…
Mass funeral in Gaza for 112 Palestinians killed in 2023 Israeli strike
In Gaza, the recovery work was carried out by the Civil Defence, which operates under the Hamas-run interior ministry. Its efforts have been supported by the International Committee of the Red Cross (ICRC). “We provide material support – literally the gloves, shovels, protective equipment and body bags they use,” said Patrick Griffiths, spokesperson for the…
Africa: Libya’s Elite Pact – allAfrica.com
In mid-June of 2026, the two rival factions claiming to be Libya’s official government agreed to a power sharing deal. In it, Prime Minister Abdul Dbeibah, the leader of the internationally recognised Government of National Unity (GNU) based in Triopli in western Libya, and Field Marshal Khalifa Haftar, the power behind of the unrecognised Government…
Why CambriLearn built the technology behind its own school
Every online school reaches a fork early, and most take the same branch. The technology that runs the school – the live lessons, the coursework, the tracking, the parent view – can be licensed from vendors who built it for the market as a whole, connected behind a single brand and put in front of…
