Remgro’s fibre infrastructure arm, CIVH, has swung to profitability after the implementation of the landmark Vodacom transaction and strong operational performances from both Vumatel and Dark Fibre Africa. In interim results for the six months to 31 December 2025, released on Wednesday, Remgro said CIVH reported headline earnings of R216-million for the period, representing a…
–Say soaring fuel prices could cripple economy –Urge immediate govt’s action to save situation –Consumers groan as petrol hits N1,371/litre in Abuja, Lagos, others – The Nigeria Employers Consultative Association, NECA; Nigeria Labour Congress, NLC; Lagos Chamber of Commerce and Industry, LCCI; and the Association of Small Business Owners of Nigeria, ASBON, yesterday, raised fresh…
Food crisis in Africa stems from a complex interplay of climatic, socio-political, and economic factors. Climate change is a significant driver, causing extreme weather events such as droughts and floods that disrupt agricultural activities. These climatic challenges are compounded by conflicts and political instability, which displace populations and destroy vital agricultural infrastructure, further exacerbating food…
On Holding has named co-founders David Allemann and Caspar Coppetti as co-CEOs, replacing Martin Hoffmann after a five-year tenure as CEO, as the Swiss sneaker maker looks to scale globally. The leadership shakeup comes as On is preparing to enter its “next growth phase,” the company said in a statement Wednesday. On shares were down…
A National Scam Centre is a centralised government-led agency that brings together various experts to fight fraud. (Image created via ChatGPT) The Financial Sector Conduct Authority (FSCA) is looking to establish a National Scam Centre in the long-term, as part of developing a more coordinated national approach to tackling the rising rate of sophisticated cyber…
Uganda, through the Ministry of Gender, Labour and Social Development, has officially opened the Africa Region Training on Preventing Illicit Transfer of Chemicals in Fragile and Conflict-Affected Situations. The three-day training, organized in collaboration with the Uganda Revenue Authority and the Organisation for the Prohibition of Chemical Weapons (OPCW), brings together participants from 20 African…
LOS ANGELES — A verdict has been reached in the landmark civil trial that accused social media giants of profiting from products designed to be dangerously addictive to children. “We have been notified that the jury has reached a verdict,” an attorney for the plaintiff said in an email. “It will be read this morning.” The…
A probe by the Information Regulator into caller identity app Truecaller regarding its alleged violation of the Protection of Personal Information Act (Popia) is still ongoing, the company has confirmed. Speaking to TechCentral in Johannesburg on Wednesday, Mmathebe Zvobwo, director for market development in South Africa at Truecaller, said the company has complied with the…
Before February 28, 2026, (that is about three weeks ago) the main topic of discussion among analysts of geo-politics was on the declining status of the United States of America as global hegemon. On parameters of judgement including economic performance, global trade and commerce, innovation, research, military power, political and diplomatic influence, analysts across the…
The 2026 Africa CEO Forum, scheduled for May 14-15 in Kigali, will centre discussions on how Africa can achieve large-scale economic growth through shared ownership and cross-border collaboration. Held under the theme “The Scale Imperative: Why Africa Must Embrace Shared Ownership,” the meeting will bring together over 2,000 participants, including CEOs, investors, and policymakers from…
