KKR, Blackstone and Ares shares tumble on private equity jitters
Shares in KKR, Blackstone and other sector peers tumbled on Wednesday after Switzerland’s Partners Group moved to restrict investor withdrawals from one of its funds, stoking fresh fears over private market valuations. Shares in Carlyle Group and KKR dropped more than 5% and 4%, respectively. Blackstone and Ares Management each slipped around 4%, while Blue…
NetApp and Cisco Collaboration Strengthens Defense-in-Depth for Enterprise Cyber Resilience
NetApp® (NASDAQ: NTAP), the Intelligent Data Infrastructure company, and Cisco (NASDAQ: CSCO), today announced an expansion of their collaboration to help customers strengthen defense-in-depth strategies for customers. Combining Intelligent Data Infrastructure with advanced analytics and observability capabilities, NetApp and Splunk have delivered deep, real-time visibility into storage and infrastructure health. Together, they are helping customers…
Africa: Increased Transport Costs Mean Less Money for the Lifesaving Supplies Children Need
Geneva/Mogadishu — This is a summary of what was said by the UNICEF Chief of Global Transport and Logistics, Jean-Cedric Meeus – to whom quoted text may be attributed – at today’s press briefing at the Palais des Nations in Geneva “Nearly 100 days into the latest Middle East escalation, the fallout extends far beyond…
Africa: Russia Ensuring Africa’s Food Security
Moscow — Within the framework of the Expert Council on Africa at Russia’s State Duma, the lower chamber of parliamentarians, during its annual round-table conference, held in late May 2026, focused concretely on food security in Africa. The Expert Council has further outlined a strategic roadmap to raise collaboration in the sphere of food security,…
FAA investigates close call between Jet Blue plane and aircraft near Fort Lauderdale Airport
The Federal Aviation Administration is investigating a midair scare involving a JetBlue plane and another aircraft near Florida’s Fort Lauderdale Airport, the agency said Tuesday. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The incident occurred early Monday evening as JetBlue Flight 1256 originated in Ecuador approached the…
Amazon Prime launched in South Africa
Amazon has launched its Prime membership programme in South Africa, bundling unlimited free delivery, video streaming and cloud gaming into a single subscription as the US e-commerce giant deepens its push into a market it entered just two years ago. Prime will cost R59/month or R399/year — an annual saving of R309, or 44%, over…
African Union Leaders Stress Urgent Need for Resource Mobilization and Unity to Advance Agenda 2063
The 52nd Ordinary Session of the Permanent Representatives’ Committee (PRC) officially opened today, 3 June 2026, at the African Union (AU) Headquarters in Addis Ababa, Ethiopia. The session precedes the 49th Ordinary Session of the Executive Council and the 8th Mid-Year Coordination Meeting (MYCM) between the AU, Regional Economic Communities (RECs), and Regional Mechanisms (RMs),…
African Integration Beyond Trade – When Africans Become Foreigners in Africa
In my earlier piece in February, Beyond Preferences and Rhetoric: What Africa’s 2025 Integration Moment Really Demanded I argued that Africa’s long-term competitiveness would not be secured by waiting on external trade preferences, but by taking integration seriously as an economic project. I called for political will, industrial strategy, and a human-centred approach to the continental…
Four sentenced to death for killing worshippers at Catholic church in Nigeria
A fifth man was discharged and acquitted by the court due to insufficient evidence against him.
MTN: Supporting the ecosystem, not just the programme
South Africa’s soaring youth unemployment rates of more than 60% and low literacy levels are indicative of structural breakdowns across education, skills, connectivity, labour market, access and governance. Marina Madale, MTN sustainability and shared value executive, speaking at the Trialogue Business in Society conference. Opening the MTN-sponsored panel discussion at the Trialogue Business in Society…