Reserve Bank governor Lesetja Kganyago. Siphiwe Sibeko/Reuters Reserve Bank governor Lesetja Kganyago said on Tuesday that the bank would bring inflation back to its 3% target, defending last week’s rate hike as necessary to prevent second-round effects from the Middle East oil shock from becoming entrenched. The central bank raised its key repo rate by…
The Minister of Foreign Affairs, Mr Samuel Okudzeto Ablakwa, has commended the Republic of Korea for its continued engagement with Africa and its commitment to strengthening bilateral relations, describing the partnership as one anchored on mutual respect, shared prosperity, sustainability and solidarity. Speaking on behalf of African countries at the Africa-Korea Foreign Ministers’ Meeting in…
Microsoft and G42’s planned digital investment in Kenya has become a case study in how large infrastructure deals can run into challenges tied to power availability, policy direction, and public interest. Unveiled in 2024, the proposed $1 billion-plus investment led by G42 and partners centered on a green data centre in Olkaria powered by geothermal…
An eight-year-old boy and a woman pulled from the rubble of an apartment block are among those killed, officials say.
The new lottery era is powered by innovation and access. The appointment of Sizekhaya as South Africa’s fourth national lottery operator marks the beginning of an era of technological innovation and modernisation for the country’s lottery system, says the National Lotteries Commission (NLC). Sizekhaya officially assumed responsibility for operating the national lottery on 1 June,…
Washington, D.C. — At an extraordinary meeting, the Governing Board of the Pandemic Fund approved the activation of the Fund’s Emergency Financing Procedures (EFP), enabling the mobilization of up to US$220.6 million in Pandemic Fund grant financing to provide rapid and flexible support to fill critical gaps in response to the ongoing Ebola outbreak in Central and…
Kampala has been retained as one of only 20 US visa processing hubs in Africa under a major restructuring plan by the administration of President Donald Trump, positioning Uganda as a key regional gateway for travelers seeking entry to the United States. While Kampala remains among the 20 African cities selected to retain full US…
A barrage of Russian missile and drone strikes killed at least nine people and wounded dozens across Ukraine, authorities said Tuesday, just days after President Volodymyr Zelenskyy warned that Moscow was preparing a “massive new strike.” Russia has bombarded Ukraine almost daily since launching an offensive in 2022, often provoking retaliation from Kyiv, as talks…
The yearslong legal fight over whether the Special Investigating Unit (SIU) may probe Telkom is finally close to resolution, after the supreme court of appeal heard the matter on 28 May and reserved judgment. The hearing, disclosed in Telkom’s annual financial statements for the year ended 31 March 2026 published this week, will determine whether…
Nairobi — A Kenyan technology company is seeking to transform how African content creators earn money online with the launch of UrbanTok, a new social media platform designed to put monetization at the center of the creator experience. The platform was officially unveiled during the Connected Africa Summit 2026 in Nairobi, attracting attention from policymakers…
